Core Viewpoint - Hualing Cable has decided to terminate the acquisition of control over Hunan Xingxin Aerospace New Materials Co., Ltd. due to a lack of agreement on specific terms of the agreement with the counterparty, and this decision was made mutually without requiring board approval [1] Group 1 - The termination of the acquisition will not adversely affect the company's production operations or financial status, nor will it harm the interests of the company and its shareholders [1] - Hualing Cable's stock price has seen a maximum increase of 187.13% since November 27, 2025 [1] - The initial announcement for the cash acquisition of control over Xingxin Aerospace was made on March 14, 2025 [1] Group 2 - Xingxin Aerospace specializes in high-temperature resistant materials, silicon nitride ceramic products, and phenolic resin materials, providing supporting products for the Shenzhou series spacecraft, Chang'e series detectors, Tiangong space station, and various launch vehicles [1] - The company participated in the first manned spaceflight project [1]
华菱线缆终止收购星鑫航天控制权，标的曾为神舟飞船配套