Shijia Photons(SH:688313) Sou Hu Cai Jing·2025-10-31 14:36Core Viewpoint - The company Shijia Photon (688313) is in the process of acquiring equity in Dongguan Fuke Xima Communication Technology Co., Ltd. through a combination of issuing shares and cash payment, along with raising supporting funds, which is expected to be an associated transaction rather than a major asset restructuring [1] Group 1: Stock Performance - As of October 31, 2025, Shijia Photon closed at 68.48 yuan, down 2.26% from the previous trading day, with a total market capitalization of 31.419 billion yuan [1] - The stock opened at 68.66 yuan, reached a high of 70.64 yuan, and a low of 66.7 yuan, with a trading volume of 1.426 billion yuan and a turnover rate of 4.52% [1] Group 2: Transaction Details - The company has announced the progress of the transaction involving the issuance of shares and cash payment for asset acquisition, which is expected to constitute an associated transaction [1] - The stock has been suspended since June 30, 2025, and is expected to remain suspended for no more than 10 trading days [1] - The board of directors approved the transaction plan on July 10, 2025, and the stock resumed trading on July 11, 2025 [1] - Subsequent progress announcements were made on August 9, September 6, and October 1, 2025, with due diligence, auditing, and evaluation work currently in progress [1] - The transaction requires further approval from the board of directors, shareholders' meeting, and regulatory bodies, with uncertain timelines for approval [1]