Swancor Advanced Materials (SH:688585) Xin Lang Cai Jing·2025-09-23 12:20Core Viewpoint - The stock price of the company, Weichuang New Materials (688585.SH), has surged over 10 times in the past two and a half months, primarily due to a change in control, marking a significant event in the domestic intelligent embodiment sector on the Sci-Tech Innovation Board [1][4]. Group 1: Stock Performance - The stock price rose from 7.78 yuan per share before resuming trading on July 9 to 91.73 yuan per share by September 23, achieving a record of 10 consecutive trading days of price increases [1]. - The total transaction value for the control change is approximately 2.1 billion yuan, based on the pre-suspension closing price of 7.78 yuan per share [4]. Group 2: Shareholder Changes - Following the completion of the share transfer, SW ANCOR Samoa holds 38.43% of shares, while STRATEGIC Samoa holds 15.19%, totaling 53.63% for the transferors [2]. - The new controlling shareholder will be Zhiyuan Hengyue, with the actual controller being Deng Taihua, the CEO of Zhiyuan Robotics [3][4]. Group 3: Business Overview - Weichuang New Materials specializes in high-performance corrosion-resistant materials, wind turbine blade materials, new composite materials, and circular economy materials, with production bases in multiple locations including Shanghai and Malaysia [4]. - In 2024, the company reported revenue of 1.494 billion yuan, a year-on-year increase of 6.73%, and a net profit of 88.6814 million yuan, up 25.01% year-on-year [5]. Group 4: Zhiyuan Robotics - Zhiyuan Robotics, established in February 2023, has quickly become a leading player in the humanoid robotics sector, with plans to deliver thousands of units by 2025 [5][6]. - The company has secured significant investments from major players, including JD.com and Tencent, with a valuation reaching 15 billion yuan [6].