ZZPZH(SH:600436) Mei Ri Jing Ji Xin Wen·2025-10-17 15:34Mergers and Acquisitions - Xiangshan Co. plans to publicly transfer 100% equity of its wholly-owned subsidiary, Xiangshan Electronics, with a starting price of 400 million yuan [1] - Goer Group has terminated its plan to acquire 100% equity of Mia Precision Technology and Changhong Industrial due to failure to reach agreement on key terms, with an intended investment of approximately 10.4 billion HKD (about 9.5 billion yuan) [2] - Weigao Blood Purification is planning to acquire 100% equity of Shandong Weigao Puri Pharmaceutical Packaging through a share issuance, which is expected to constitute a major asset restructuring and related party transaction [3] Shareholding Changes - Youfa Group's director Zhang Degang intends to reduce his holdings by up to 3.54 million shares, representing 0.24% of the company's total equity and 25% of his holdings [4] - Jiacheng International's shareholder, Guangdong Hengshang Industrial Investment, plans to reduce its holdings by up to 1% of the total equity within 90 days after a 15-day notice period due to financial reasons [5] - Shengbang Co.'s controlling shareholder's concerted actor, director Lin Lin, plans to reduce holdings by up to 7.8871 million shares, which is not more than 1.28% of the total equity [6] Earnings Disclosure - Rongbai Technology reported a net loss of 135 million yuan in Q3 2025, with a revenue of 2.737 billion yuan, down 38.29% year-on-year [7] - Pianzihuang reported a Q3 2025 net profit of 687 million yuan, down 28.82% year-on-year, with revenues of 2.064 billion yuan, down 26.28% [8] - Cambrian reported a Q3 2025 net profit of 567 million yuan, with revenues of 1.727 billion yuan, up 1332.52% year-on-year [9]