Swancor Advanced Materials (SH:688585) Jing Ji Guan Cha Wang·2025-10-15 16:02Group 1 - The market is reassessing the impact of the control change at Aowei New Materials (688585.SH) [2] - Zhiyuan Innovation has no plans for a backdoor listing through the company in the next 36 months [2] - The tender offer by Zhiyuan Hengyue for 37% of Aowei's shares is ongoing, with a period from September 29 to October 28 [2] Group 2 - The tender offer price is set at 7.78 CNY per share, significantly lower than the current market price of 88.51 CNY per share [3] - 91% of the targeted shares for the tender offer have already been pre-accepted by the original controlling shareholder, SWANCOR [4] - The acquisition is the final step in the plan for Dong Taihua to take control of Aowei New Materials [5] Group 3 - The transaction has resulted in a substantial increase in Aowei's stock price, with a rise of 1037.66% from the tender offer price [5] - The acquisition allows Zhiyuan to utilize Aowei as a financing platform and potentially invest in related industries without direct competition [6] - Despite the stock price increase, there are no specific plans for asset injection from Zhiyuan in the near term [6]