Zheng Quan Shi Bao·2025-09-12 14:16Core Viewpoint - The acquisition of Shangwei New Materials by Zhiyuan Robot is progressing, with significant developments in the offer and stock performance [2][4]. Group 1: Acquisition Details - Zhiyuan Hengyue has deposited RMB 232 million, which is at least 20% of the maximum required funds for the acquisition, into a designated bank account [4]. - The offer report has been revised and submitted, with ongoing efforts to confirm compliance with the Shanghai Stock Exchange and complete share transfer procedures [4]. - The acquisition offer has not yet become effective, indicating uncertainty in the process [4]. Group 2: Stock Performance - Shangwei New Materials has been identified as the first 10x stock in A-shares for 2025, with a remarkable increase of 1083% in market value from approximately RMB 3 billion to RMB 37.1 billion between July 9 and July 30 [4][5]. - The stock experienced multiple instances of abnormal trading fluctuations, leading to a temporary suspension for investigation [5]. Group 3: Financial Performance - For the first half of 2025, Shangwei New Materials expects a revenue of RMB 784 million, a 12.5% increase year-on-year, while the net profit is projected to be RMB 29.9 million, a decrease of 32.91% compared to the previous year [5][6]. - The decline in net profit is attributed to increased overseas shipping costs and commissions, foreign exchange losses due to currency fluctuations, and higher R&D expenses [6].