截至本报告书签署日，除本次要约收购外，收购人暂无在未来12个月内继续增持上市公司股份的安排。 若收购人后续拟继续增持上市公司股份，收购人将严格遵守相关法律法规、规范性文件的规定，及时履 行告知及相关信息披露义务。 格隆汇9月24日丨上纬新材(688585.SH)公布，本次要约收购的收购人为上海智元恒岳科技合伙企业（有 限合伙），系智元创新（上海）科技有限公司及核心管理团队共同出资设立的持股平台。基于要约价格 人民币7.78元/股、预定收购股份数量149,243,840股的前提，本次要约收购所需最高资金总额为 1,161,117,075.20元。收购人已于要约收购报告书摘要公告前将232,223,500.00元（不低于要约收购所需 最高资金总额的20%）存入中登公司上海分公司指定的银行账户，作为本次要约收购的履约保证金。收 购人承诺具备履约能力。要约收购期限届满，收购人将根据中登公司临时保管的预受要约的股份数量确 认收购结果，并按照要约条件履行收购要约。 ...

人民财讯9月24日电，上纬新材(688585)9月24日公告，上海智元恒岳科技合伙企业计划要约收购公司 37%的股份，要约收购价格为7.78元/股，预计所需最高资金总额为11.61亿元。此次要约收购期限共计 30个自然日，即9月29日至10月28日。 上海智元恒岳科技合伙企业认同公司长期价值和A股资本市场对科技创新和产业创新的服务能力，拟通 过此次要约收购进一步增强对公司的控制权。 ...

Group 1 - The core point of the announcement is the completion of the share transfer and the change of the controlling shareholder of the company from SWANCOR Samoa to Zhiyuan Hengyue [1][4][8] - The share transfer involved the transfer of 120,968,182 shares, representing 29.99% of the total shares of the company, which has been completed as of September 22, 2025 [6][8] - Following the share transfer, Zhiyuan Hengyue and Zhiyuan New Venture will collectively hold 29.99% of the company's shares and corresponding voting rights, making Zhiyuan Hengyue the new controlling shareholder [4][8] Group 2 - Zhiyuan Hengyue plans to further increase its stake in the company through a partial tender offer for 149,243,840 shares, which represents 37.00% of the total share capital [3][10] - SWANCOR Samoa has committed to irrevocably waive its voting rights for all shares held in the company following the completion of the share transfer [2][7] - The actual controller of the company will be Mr. Deng Taihua after the completion of the share transfer [4][10]

Core Viewpoint - Hong Kong Broadband (01310) has rebounded over 13% following the announcement that its controlling shareholder, China Mobile Hong Kong, plans to place existing shares to reduce its stake from 78.08% to 74.84% [1] Group 1: Company Actions - China Mobile Hong Kong has completed a takeover of Hong Kong Broadband, acquiring a total of 78.08% of its shares [1] - The company announced a placement of 47.925 million existing shares, which will decrease the controlling stake and increase public shareholding to approximately 22.89% [1] - Hong Kong Broadband has not yet met the minimum public float requirement of 25% as per listing rules, and both the company and China Mobile Hong Kong will take necessary measures to ensure compliance [1] Group 2: Financial Implications - The merger is expected to improve Hong Kong Broadband's financial situation, allowing for better financing conditions and debt repayment [1] - It is projected that the company could save between 600 million to 700 million HKD in interest expenses annually, benefiting its long-term development [1] Group 3: Strategic Intent - China Mobile intends to maintain Hong Kong Broadband's listing status and support its operational improvements [1] - The strategy includes leveraging industry expertise to enhance Hong Kong Broadband's competitive position and market share, maximizing synergies for long-term shareholder value [1]

天普股份再度涨停，斩获12连板。 9月18日，上交所发布微博称，天普股份近期多次出现异常波动情形，公司已多次发布风险提示公告，提请广大投资者审慎投资，注意投资风险。部分投 资者在交易该股过程中存在影响市场正常交易秩序、误导投资者交易决策的异常交易行为，上交所依规对相关投资者采取了暂停账户交易等自律监管措 施。上交所再次提醒投资者关注风险，审慎参与，合规交易。 值得注意的是，今日天普股份开盘涨停，开于涨停价83.6元/股。拉长时间线来看，8月22日—9月18日这12个交易日内，公司股价接连斩获12个涨停板。 四名内幕信息知情人买卖公司股票的具体情况是：原上市公司董事/财务总监陈丹萍配偶储善岳、原上市公司职工代表监事唐全良配偶陈燕秋按规定登记 为推定的内幕信息知情人；李志奇作为中昊芯英间接股东，在作为股东代表参加 2025年8月19日（停牌后）中昊芯英股东会时知悉本次交易，其配偶李慧 云登记为推定的内幕信息知情人。公司本次控制权变更事项不存在内幕信息提前泄露的情形，上述人员的股票交易行为均发生在内幕信息形成或知悉之 前，上述交易不属于内幕交易。 天普股份还表示，公司经营业绩存在下滑风险。2025年上半年公司实现营 ...

Core Viewpoint - Jiangsu Changling Hydraulic Co., Ltd. experienced a significant stock price fluctuation, with a cumulative increase of 20% over three consecutive trading days, indicating abnormal volatility [1] Company Operations - The company confirmed that its main business remains unchanged and production operations are normal [1] Shareholding Changes - On July 10, 2025, Corexin Tingtao and Chenglian Shuangying planned to acquire a total of 43,211,714 shares from Xia Jifa and Xia Zemin, representing 29.99% of the total shares - Corexin Polang intends to make a tender offer for 17,290,448 shares, accounting for 12.00% of the total shares - Following the completion of these transactions, the actual controller of the company will change, although the completion of the transaction is still uncertain [1] Market Risk Advisory - The company has reminded investors to be aware of risks in the secondary market and to invest rationally [1]

Core Viewpoint - The acquisition offer by Ningbo Meishan Bonded Port Area Jincheng Shazhou Investment Co., Ltd. aims to acquire 5% of Fushun Special Steel's shares at a price of 5.6 yuan per share, with the total shares accepted being only 1.01% [1][2] Group 1 - Jincheng Shazhou plans to acquire 9,860,500 shares, representing 5% of Fushun Special Steel's total share capital, with the acquisition period from August 12, 2025, to September 10, 2025 [1] - As of the end of the acquisition period, a total of 1,989,360 shares were accepted, equating to 1.01% of the company's total shares, which is below the expected acquisition amount [1] - After the completion of the acquisition, Jincheng Shazhou will hold 1.59% of Fushun Special Steel, while its concerted actions will collectively hold 31% of the company's shares [2] Group 2 - The acquisition price of 5.6 yuan per share has led to a decline in Fushun Special Steel's stock price, which has remained below this price for most of September [2] - In December 2023, Fushun Special Steel announced that Northeast Special Steel would transfer 251 million shares, accounting for 12.73% of the total share capital, to Shagang Group at a price of 9.3 yuan per share, totaling 2.334 billion yuan [2] - The historical context includes a significant investment by Shen Wenrong in Northeast Special Steel Group, which led to a 43% ownership stake and control over Fushun Special Steel [2]

Core Viewpoint - The announcement details the partial tender offer by Ningbo Meishan Bonded Port Area Jincheng Shazhou Investment Co., Ltd. for shares of Fushun Special Steel, indicating a strategic move to increase ownership in the company while highlighting the current market dynamics affecting share prices [1][2]. Group 1: Tender Offer Details - Jincheng Shazhou plans to acquire 1.01% of Fushun Special Steel's shares during the tender offer period, resulting in a total holding of 31% for the controlling shareholder post-offer [1]. - The tender offer involves 98.605 million shares, representing 5% of the total share capital, with a proposed price of 5.6 yuan per share, valid from August 12, 2025, to September 10, 2025 [1]. - By the end of the tender offer period, a total of 1,989.36 million shares were tendered, accounting for 1.01% of the company's total shares, which was below the expected acquisition amount [1]. Group 2: Shareholder Composition Post-Offer - After the completion of the tender offer, Jincheng Shazhou will hold 1.59% of Fushun Special Steel's total shares, while its concerted action partners, Northeast Special Steel Group and Jiangsu Shagang Group, will hold 13.99% and 15.43%, respectively [2]. - The combined ownership of Jincheng Shazhou and its concerted action partners will total 31% of the company [2]. Group 3: Market Reaction and Historical Context - The tender offer price of 5.6 yuan per share was below the market price of 5.97 yuan per share as of July 25, 2025, leading to a decline in Fushun Special Steel's stock price, which remained mostly below the offer price in September [2]. - In 2017, Shen Wenrong became the controlling shareholder of Northeast Special Steel Group with a 43% stake after investing 4.462 billion yuan, which included gaining control over Fushun Special Steel [2]. - In December 2023, Northeast Special Steel announced the transfer of 251 million shares (12.73% of total shares) to Shagang Group at a price of 9.3 yuan per share, totaling 2.334 billion yuan [2].

又停牌了。 天普股份（605255）9月10日晚间公告，公司股票价格自2025年8月22日至2025年9月3日连续9个交易日涨停，其间4次触及股票交 易异常波动、2次触及股票交易严重异常波动，公司已就上述股票交易波动情况进行停牌核查，于2025年9月9日公告核查结果并 复牌；复牌后自2025年9月9日至2025年9月10日连续2个交易日涨停，再次触及股票交易异常波动，鉴于公司股价连续涨停期间已 累积巨大交易风险，为进一步维护投资者利益，公司就近期股票交易波动情况进行停牌核查。 截至目前，天普股份总股本为13408万股，公司控股股东浙江天普控股有限公司、实际控制人尤建义及其一致行动人合计持有公 司股票10056万股，占公司总股本的75%；其余为外部流通股，流通盘较小，可能存在非理性炒作风险。 同时，公司市盈率和市净率显著高于行业平均水平。截至2025年9月10日，公司收盘价为76.00元/股，最新市盈率为329.8倍，最 新市净率为12.61倍，公司所处的汽车零部件行业市盈率为30.8倍，市净率为3.22倍。 天普股份股价连续大涨缘于一份要约收购。8月21日晚间，天普股份发布公告，中昊芯英（杭州）科技有限公司（ ...

Core Viewpoint - The acquisition of Shuguang Data Infrastructure Innovation Technology (Beijing) Co., Ltd. by Haiguang Information through a share swap merger with Zhongke Shuguang is progressing, with Haiguang Information required to issue a comprehensive tender offer to shareholders of Shuguang Data after the merger is completed [1][2]. Group 1 - Haiguang Information has signed a share swap merger agreement with Zhongke Shuguang, where Haiguang will issue A-shares to all shareholders of Zhongke Shuguang in exchange for their shares [1]. - Following the completion of the merger, Zhongke Shuguang will be delisted, and Haiguang Information will inherit all assets, liabilities, businesses, personnel, contracts, and rights and obligations of Zhongke Shuguang [1][2]. - The tender offer is a legal obligation resulting from the indirect acquisition of Shuguang Data by Haiguang Information, and it is not intended to terminate the listing status of Shuguang Data [1][2]. Group 2 - The completion of the acquisition is contingent upon several approvals, including board resolutions from both Haiguang Information and Zhongke Shuguang, shareholder meetings, and regulatory approvals from the State Administration for Market Regulation and the Shanghai Stock Exchange [2]. - Haiguang Information is actively advancing the necessary steps for the tender offer, but it cannot announce the full tender offer report within 60 days from the summary disclosure [2]. - The company will provide updates on the progress of the acquisition every 30 days until the full tender offer report is announced [2].