A股异动丨终止收购星鑫航天，华菱线缆跌停，昨日涨停

Core Viewpoint - Hualing Cable (001208.SZ) experienced a significant drop, closing at 24.11 yuan with a total market value of 15.39 billion yuan, following the announcement of the termination of its acquisition of Hunan Xingxin Aerospace New Materials Co., Ltd. [1] Group 1: Acquisition Details - The acquisition process began in March 2025 and lasted nearly 10 months, ultimately failing due to disagreements on key terms of the core agreement [1] - Xingxin Aerospace was the core target of the acquisition, possessing significant rarity in business qualifications and industry status, which was a key motivation for Hualing Cable to initiate the acquisition [1]