Swancor Advanced Materials (SH:688585) 21世纪经济报道·2025-07-22 06:37Core Viewpoint - The significant surge in the stock price of Shangwei New Materials (688585.SH) is attributed to the announcement of a major change in control, with Zhiyuan Robotics set to acquire a controlling stake in the company through a share transfer and tender offer [1][2]. Group 1: Company Control Change - Zhiyuan Robotics plans to acquire 29.99% of Shangwei New Materials' shares and voting rights through its holding platform, Shanghai Zhiyuan Hengyue Technology Partnership [1]. - The acquisition involves a direct transfer of 24.99% shares by Zhiyuan Hengyue and an additional 5% through Shanghai Zhiyuan New Venture [1]. - Following the transaction, Zhiyuan Hengyue will become the controlling shareholder, with Deng Taihua as the actual controller [2]. Group 2: Market Reaction - Following the announcement, Shangwei New Materials' stock price has experienced a continuous rise, reaching a peak of 48.19 CNY per share, with a total market capitalization of 19.4 billion CNY [2]. - The stock has recorded a cumulative increase of over 519% and has achieved a trading volume exceeding 1.4 billion CNY, setting a record for consecutive trading limit-ups in A-shares [1]. Group 3: Company Performance - Shangwei New Materials specializes in the research, production, and sales of environmentally friendly high-performance corrosion-resistant materials and new composite materials [2]. - In 2024, the company reported a revenue of 1.494 billion CNY, reflecting a year-on-year growth of 6.73%, and a net profit of 88.68 million CNY, up 25.01% from the previous year [2]. - The company continues to show strong growth in the first quarter of 2025, with double-digit increases in both revenue and net profit [2].