Core Viewpoint - The recent transaction involving Junyu Foundation (01757) indicates a significant shift in ownership, with a major shareholder transferring a substantial portion of shares to a new investor, Astron Capital Management, which may impact the company's future governance and strategic direction [1] Group 1: Shareholder Changes - On November 17, Junyu Foundation's shareholders deposited shares worth HKD 129 million into Astron Capital Management, representing 11.42% of the company [1] - A sale agreement was established between Oriental Castle Group Limited (the seller) and China Venture Capital Holdings Limited (the offeror), where the seller agreed to sell 900 million shares, equivalent to 75% of the company's total issued share capital, for a total cash consideration of HKD 80 million, or HKD 0.089 per share [1] Group 2: Offer Details - Following the completion of the sale, the offeror and its concert parties will own 900 million shares, representing 75% of the total issued share capital, and the seller will no longer be a shareholder [1] - According to Rule 26.1 of the Takeovers Code, the offeror is required to make a mandatory unconditional cash offer for all issued shares (excluding those already owned or agreed to be acquired by the offeror and its concert parties) at a price of HKD 0.089 per share, which reflects a discount of approximately 79.06% compared to the last trading price of HKD 0.425 per share [1]

Core Viewpoint - Zhongnong Lihua has terminated its acquisition of at least 50% of Taizhou Agricultural Materials Co., Ltd. after failing to reach a consensus on key terms of the deal with the shareholders [2][5][6]. Group 1: Acquisition Details - The acquisition was initially proposed on May 20, with an intention to purchase shares from seven individual shareholders [2][5]. - The termination of the acquisition was mutually agreed upon after discussions failed to yield a final agreement on core terms [6]. - Zhongnong Lihua stated that the termination will not significantly impact its financial or operational status, nor harm the interests of the company and its shareholders [4][6]. Group 2: Company Performance - Zhongnong Lihua reported a revenue of 8.95 billion yuan for the first three quarters, reflecting a year-on-year increase of 5.11% [8]. - However, the net profit attributable to the parent company was 151 million yuan, showing a decline of 13.63% compared to the previous year [8]. - The company primarily engages in pesticide distribution and agricultural technology services, aiming to enhance market penetration and customer engagement through the acquisition [7][8]. Group 3: Future Outlook - Despite the termination of the acquisition, Zhongnong Lihua plans to continue exploring cooperation opportunities with Taizhou Agricultural Materials and will adhere to legal requirements for any future agreements [5][7].

Group 1 - The core transaction involves the sale of a total of 195 million shares, representing approximately 55.66% of the company's issued share capital, for a total cash consideration of 80 million HKD, equating to about 0.4103 HKD per share [1][2] - The buyer, identified as Wu Haikan, will acquire 175 million shares from seller A, representing about 50.10% of the company's issued share capital, for 72.0122 million HKD, while also purchasing 19.4663 million shares from seller B for 798.78 thousand HKD [1] - Following the completion of the transaction, the buyer and associated parties will hold rights to 195 million shares, necessitating a mandatory unconditional cash offer for the remaining shares at a price of 0.4104 HKD per share, which is approximately 48.70% lower than the last trading price of 0.800 HKD [2] Group 2 - The company has applied to the Stock Exchange to resume trading of its shares on November 4, 2025, at 1:00 PM [2]

Core Viewpoint - Extraordinary Leap (00933) announced the acquisition of 30.6465 million shares of Li Ning Company, with a total cost of approximately HKD 509 million, indicating a strategic investment in the company [1] Group 1: Acquisition Details - The acquisition will take place between July 17, 2025, and October 31, 2025, through the Hong Kong Stock Exchange [1] - The average price per share for the acquisition is approximately HKD 16.61 [1] - Prior to the acquisition, the buyer held 319 million shares of Li Ning, representing about 12.34% of the total issued shares [1] Group 2: Post-Acquisition Holdings - After the completion of the acquisition, the buyer will hold 350 million shares of Li Ning, which will account for approximately 13.53% of the total issued shares [1] - Li Ning will continue to be one of the group's associated companies post-acquisition, and the group will continue to account for Li Ning's profits and losses in its financial statements [1]

Core Viewpoint - 康大食品 (00834) resumed trading with a significant increase of over 163% in early trading, reaching a price of 0.6 HKD per share, with a trading volume of 6.2852 million HKD [1] Group 1: Shareholder Changes - The former major shareholder, 吴继明, sold his entire 54.69% stake to the former non-executive chairman, 高思诗, involving 247 million shares for a total consideration of 65.64 million HKD, equating to a price of 0.265 HKD per share [1] - Following the completion of the transaction, 高思诗 will hold 54.69% of the company's equity and is required to make a mandatory general offer at a cash price of 0.265 HKD per share, representing a premium of 16.23% over the last closing price before suspension [1] Group 2: Future Plans - 高思诗 believes that this acquisition will provide long-term growth opportunities for the company and plans to support sustainable development through channel expansion and technology upgrades [1]

Core Viewpoint - China Venture Capital Holdings Limited has acquired a 75% stake in Junyu Foundation for a total consideration of HKD 80 million, indicating a significant consolidation in the market [1] Group 1: Acquisition Details - The acquisition involves the purchase of 900 million shares of Junyu Foundation at a price of HKD 0.089 per share [1] - The offer price represents a discount of approximately 79.06% compared to the closing price on the last trading day [1] - Trading of Junyu Foundation shares will resume on the Hong Kong Stock Exchange on October 24, 2025, at 9:00 AM [1]

Core Viewpoint - The acquisition agreement between 康大食品 (Kangda Food) and Hong Kong Shengyuan Holdings Limited involves the sale of approximately 248 million shares, representing about 54.69% of the total issued shares, for a total cash consideration of HKD 65.6426 million, equating to HKD 0.265 per share, which is a premium of approximately 16.23% over the last trading price [1][2]. Group 1 - The seller has conditionally agreed to sell and the buyer has conditionally agreed to purchase approximately 248 million shares, which is the entirety of the seller's holdings in the company [1]. - Following the completion of the first batch of share sales, the buyer will hold approximately 241 million shares, representing about 53.15% of the total issued shares [1]. - The total consideration was determined through fair negotiations considering the group's business, past financial performance, and stock liquidity [1]. Group 2 - Upon completion of the first batch of share sales, the buyer is required to make an unconditional mandatory cash offer for all issued shares, excluding those already owned or agreed to be acquired by the buyer and its concert parties [2]. - The buyer's main business is investment holding, and the acquisition is expected to bring significant benefits to the company, including increased capital injection, expanded sales channels, upgraded product technology, and integration of domestic and international market resources [2]. - The buyer, Mr. Gao, has 40 years of experience in the food industry and is the sole director of the buyer [2]. Group 3 - The company has applied to the Stock Exchange of Hong Kong and the Singapore Stock Exchange to resume trading of its shares starting from October 24, 2025 [3].

Core Viewpoint - Coastal Home (01124) announced that Coastal International Holdings Limited intends to sell 153,126,197 shares, representing approximately 36.93% of the company's total issued share capital, to Tao Qian Limited by the end of October 2025, pending due diligence [1] Group 1 - The seller, Coastal International Holdings Limited, is a company registered in the British Virgin Islands, with major shareholders including Executive Director Jiang Ming holding approximately 59.14% [2] - The buyer, Tao Qian Limited, is an investment holding company that has not commenced business operations and is fully owned by the S2800 Trust [2] - The company has applied to the Stock Exchange for the resumption of trading of its shares starting from 9:00 AM on October 20, 2025 [1]

格隆汇10月14日｜至纯科技(603690.SH)发布异动公告，经公司自查，公司近期内外部经营环境未发生 重大变化，目前生产经营活动一切正常，内部生产经营秩序正常。截至本公告披露日，不存在应披露而 未披露的重大事项或重大信息。公司正在筹划通过发行股份及支付现金方式购买贵州威顿晶磷电子材料 股份有限公司83.7775%股份并募集配套资金。本次交易标的资产的审计、评估、尽职调查等工作尚未 完成，本次交易能否取得相关的批准、审核通过或同意注册，以及取得相关批准、审核通过或同意注册 的时间，均存在一定的不确定性。敬请广大投资者注意投资风险。 ...

Group 1 - The offeror, Mr. Wang Tingfa, intends to acquire 110 shares from the chairman and executive director, Mr. Zhong Zhiwen, for a total consideration of HKD 270 million, representing the entire issued share capital of the company as of the announcement date [1] - The offeror has already paid a deposit of HKD 20 million to the seller, with the remaining balance to be paid in cash upon completion [1] - Following the completion of the acquisition, the offeror and its concert parties will collectively own 45 million shares, equivalent to 75% of the company's total issued share capital [1] Group 2 - A sale agreement has been established between CPL (a wholly-owned subsidiary of the company) and MSL (wholly owned by the seller), with MSL agreeing to acquire the entire issued share capital of Chuangsheng Credit and Chuangsheng Management for a total consideration of HKD 58.2 million, subject to adjustments [2] - The completion of the sale is contingent upon meeting certain preconditions [2] - The company has applied to the Stock Exchange for the resumption of trading of its shares starting from 9:00 AM on October 13, 2025 [2]