SGSG(SZ:300561) Xin Lang Cai Jing·2025-08-13 15:57Core Viewpoint - *ST Huike is facing significant challenges, including regulatory scrutiny and a failed acquisition attempt by Zibo Guotou, which has led to uncertainty regarding its control and future operations [1][2][3] Group 1: Regulatory Issues - The company has been under investigation by the China Securities Regulatory Commission (CSRC) and received an administrative penalty notice from the Guangdong Securities Regulatory Bureau due to misleading statements in its earnings forecast [3] - The Guangdong Securities Regulatory Bureau plans to impose a fine of 2 million yuan on the company and additional fines on its executives for violations related to information disclosure [3] Group 2: Acquisition Attempt - Zibo Guotou's attempt to acquire a 20% stake in *ST Huike and a subsequent private placement of shares has been rejected by the Zibo Municipal Finance Bureau [1][2] - The acquisition was initially planned to give Zibo Guotou a 29.90% stake in the company, changing the controlling shareholder to Zibo Guotou and the actual controller to the Zibo High-tech Zone Management Committee [1] Group 3: Market Reaction - Despite the negative news, *ST Huike's stock hit the daily limit up, potentially due to market speculation about the strategic entry of state capital and reduced concerns about delisting [3] - The company has been involved in the financial technology sector, providing solutions using IoT, AI, and other technologies for financial clients [3]