Zheng Quan Shi Bao Wang·2025-07-08 16:09Core Viewpoint - The announcement from Shangwei New Materials (688585) indicates that Shanghai Zhiyuan New Technology Co., Ltd. and its core team plan to acquire at least 63.62% of the company's shares, marking a significant change in ownership and control [2][4]. Group 1: Share Acquisition Details - On July 8, SWANCOR Samoa, Zhiyuan Hengyue, and others signed a share transfer agreement, where Zhiyuan Hengyue intends to acquire 100 million unrestricted shares from SWANCOR Samoa, representing 24.99% of the total shares, for a total price of RMB 784 million [4]. - Additionally, Zhiyuan New Venture plans to acquire 2.4 million shares (0.60% of total shares) from SWANCOR Samoa, and 17.77 million shares (4.40% of total shares) from Jinfeng Investment Control [4]. Group 2: Control Changes - Following the completion of the share transfer, Zhiyuan Hengyue and Zhiyuan New Venture will collectively hold 29.99% of the shares and corresponding voting rights, leading to a change in the controlling shareholder to Zhiyuan Hengyue, with Deng Taihua becoming the actual controller of the company [5][6]. Group 3: Future Plans and Market Impact - Zhiyuan Hengyue plans to further increase its stake through a partial tender offer for an additional 149 million shares, which would account for 37.00% of the total shares [6]. - The acquisition is expected to be a landmark case for new productivity enterprises in the A-share market and the first acquisition case for embodied intelligence companies on the Sci-Tech Innovation Board [6].