严牌股份：11月21日召开董事会会议

Group 1 - The core point of the article is that Yanpai Co., Ltd. announced an adjustment to its organizational structure during a board meeting held on November 21, 2025 [1] - For the first half of 2025, Yanpai's revenue composition was 94.71% from specialized equipment and 5.29% from other businesses [1] - As of the report date, Yanpai's market capitalization was 2.4 billion yuan [1] Group 2 - The article also highlights that Dapeng Industrial's strategic placement benefited its insiders, with a subscription price of 9 yuan and a first-day listing price of 118 yuan, resulting in a floating profit of 24.92 million yuan for the actual controller and his brother [1]