Core Viewpoint - Jiemai Technology (002859.SZ) announced a strategic acquisition to consolidate resources, expand production capacity, and enhance the rapid development of its subsidiary, while avoiding potential competition in the same industry [1] Group 1: Acquisition Details - The subsidiary, Zhejiang Rouzhen Technology Co., Ltd., plans to acquire a 72% stake in Jiangxi Hongmei New Energy Technology Co., Ltd. from Zhejiang Yuanlong Equity Investment Management Group Co., Ltd. and a 28% stake from Anji Hongmei Venture Capital Partnership (Limited Partnership) [1] - Upon completion of the transaction, Rouzhen Technology will hold 100% of Jiangxi Hongmei [1] - The total transaction price is set at RMB 26.282353 million [1]

Group 1 - The core viewpoint of the article is that *ST Haihua (600243.SH) plans to acquire 100% equity of Lvxin Dingsheng to enhance its profitability and provide new growth points for future performance [1] - The acquisition is based on the valuation of Lvxin Dingsheng's total equity at RMB 43.014 million as of May 31, 2025, with the controlling subsidiary Mangyiyuanxin set to pay RMB 43 million in cash for the acquisition [1] Group 2 - Lvxin Dingsheng is strategically located in the Bayingolin Mongol Autonomous Prefecture, Xinjiang, at a key intersection of national and provincial highways, which enhances its market potential [2] - The project includes a comprehensive service station for fuel and gas (CNG and LNG), along with accommodation, dining, and vehicle maintenance services, indicating a diversified revenue stream [2] - Since its operation began in June 2024, the performance of Lvxin Dingsheng has shown steady improvement, reflecting significant market development potential [2]

Group 1 - KKR is set to acquire a stake in Yuanjing International, which is believed to be linked to Dayao Beverage [1][2][3] - KKR will indirectly acquire 85% of Yuanjing International through a newly established special purpose company [3] - Yuanjing International holds a market share of 5% to 10% in the carbonated beverage market in China as of 2024, with Dayao Beverage ranking third at 2.42% [3][4] Group 2 - Dayao Beverage's market share has been gradually increasing, from 2.28% in 2023 to 2.64% in the first half of 2025 [5] - The carbonated beverage market is experiencing a contraction, with major players like Coca-Cola and Pepsi also reporting declining sales [4] - The potential sale to KKR raises questions about the classification of Dayao as a domestic brand [6]