国晟科技大涨7倍成“妖”监管出手降温 贷款尚未获批溢价1167%收购或存变数

Group 1 - The stock price of Guosheng Technology (603778) has experienced significant fluctuations, leading to regulatory intervention that restricts trading on certain accounts [1][4] - On January 15, Guosheng Technology's stock hit the daily limit down after a nearly 7-fold increase in price from October 14, 2025, to January 14, 2026 [2][3] - The surge in stock price is attributed to two major acquisitions aimed at entering the battery storage sector, with concerns raised about the high premium paid for these assets [2][8] Group 2 - The company announced a plan to acquire 100% of Fuyue Technology for 241 million yuan, which has raised questions about its sustainable profitability [6][11] - Guosheng Technology has faced continuous losses over the years, with revenues and net profits showing a declining trend despite a significant revenue increase in 2024 [6][7] - The acquisition of Fuyue Technology involves a high premium of over 11 times its net asset value, raising concerns about the potential for goodwill impairment [10][9] Group 3 - The company is relying on loans to finance the acquisitions, with the approval process for these loans still pending, adding uncertainty to the completion of the transactions [7][12] - The strategic shift towards battery storage and renewable energy is seen as a gamble, with the success of this new direction remaining uncertain [12]