重大资产重组来袭，牛股东方精工突发公告！

Core Viewpoint - The A-share merger and acquisition market is experiencing significant activity, with a notable transaction involving Dongfang Precision Engineering planning to sell core assets for €7.74 billion (approximately ¥63.4 billion), amidst a backdrop of increased restructuring activity in 2025 [1][2]. Group 1: Transaction Details - Dongfang Precision Engineering is selling three subsidiaries involved in corrugated cardboard production to Brookfield's Foresight US and Foresight Italy, with a total transaction price of €7.74 billion [2]. - The subsidiaries being sold contributed approximately ¥32.11 billion in revenue for 2024, accounting for 67.2% of Dongfang Precision's total revenue, exceeding the 50% threshold for significant asset restructuring [2]. - The transaction includes a potential earn-out of up to €25 million based on future performance metrics, and it has only received board approval, pending further shareholder and regulatory approvals [3]. Group 2: Policy Environment - The restructuring is supported by new regulations from the China Securities Regulatory Commission (CSRC) that streamline the approval process for significant asset restructurings, enhancing market activity [5]. - Key changes in the new regulations include simplified review procedures and increased tolerance for financial conditions, which align well with Dongfang Precision's transaction [5]. Group 3: Strategic Shift - The company aims to divest from its core business, which accounts for nearly 70% of its revenue, to focus resources on new strategic directions, particularly in marine power equipment and intelligent robotics [6][7]. - The marine power equipment segment, led by its subsidiary, has shown strong growth, with a 28% increase in revenue year-on-year, indicating a robust market position [6]. - The intelligent robotics initiative is supported by partnerships and investments in AI technology, aligning with government policies promoting future industries [7].