688478，明日复牌

Core Viewpoint - Jing Sheng Co., Ltd. plans to acquire control of Beijing Weizhun Intelligent Technology Co., Ltd. through a combination of issuing shares and cash payments, with Xiaomi Intelligent Manufacturing as one of the counterparties [2][6]. Group 1: Acquisition Details - The acquisition involves purchasing all shares of Weizhun Intelligent from ten counterparties, including Beijing Benshang Technology Partnership and Beijing Xiaomi Intelligent Manufacturing Equity Investment Fund [6][7]. - The share issuance price for the acquisition is set at 28.93 yuan per share [8]. - The transaction is expected to extend the company's industrial chain into downstream application fields, allowing for better understanding of end customer needs and enhancing product performance [8]. Group 2: Financial Performance - For the first half of 2025, Jing Sheng reported a revenue of 158 million yuan, a year-on-year decrease of 20.29%, and a net profit attributable to shareholders of -7.45 million yuan, marking a shift from profit to loss [9]. - The company’s revenue for 2022, 2023, and 2024 was 222 million yuan, 406 million yuan, and 425 million yuan, respectively, with net profits of 34.54 million yuan, 71.02 million yuan, and 53.75 million yuan [9]. - The stock price has increased by over 49% this year, with a market capitalization of 5.8 billion yuan as of August 25 [11].