Yanjan(SZ:300658) 证券时报·2026-01-04 09:26Core Viewpoint - Yanjiang Co., Ltd. is planning a major asset restructuring involving the acquisition of Ningbo Yongqiang Technology Co., Ltd. and intends to raise matching funds, which may constitute a significant asset restructuring [1][3]. Group 1: Company Overview - Yanjiang Co., Ltd. was established in 2000 and primarily engages in the research, production, and sales of surface materials for disposable hygiene products, with main products including 3D perforated non-woven fabric and PE perforated film [5]. - For the first three quarters of 2025, the company achieved a revenue of 1.295 billion yuan, representing a year-on-year growth of 22.99%, and a net profit attributable to shareholders of 42.50 million yuan, up 27.95% year-on-year [5]. Group 2: Acquisition Details - The target company for the acquisition is Ningbo Yongqiang Technology Co., Ltd., which was established in December 2019 and specializes in the research and production of electronic materials, including IC substrates and high-end display substrates [3]. - Ningbo Yongqiang Technology has received performance certifications from leading domestic companies such as Intel, Huawei, Inspur, and Dawn [3]. Group 3: Market Reaction - On December 31, 2025, Yanjiang Co., Ltd.'s stock price surged, with an intraday increase of over 12%, closing with an 11.68% rise [7].