11月23日晚间中金岭南（000060）发布公告，为进一步提高对中金铜业及中金荣晟的管理决策效率，上 市公司将以现金方式收购少数股东持有的中金铜业6.7784%股权，收购少数股东持有的中金荣晟 10.3333%股权。待交易完成后，中金岭南将穿透持有中金铜业100%股权。 为履行对东营方圆有色金属有限公司等20家公司破产重整计划和有关协议安排，中金岭南此次将再以现 金方式分别收购少数股东持有的中金铜业6.7784%股权和中金荣晟10.3333%股权。 9月28日，中金岭南与中国信达签订《中金岭南荣晟(东营)投资有限公司之股权转让协议》、《山东中 金岭南铜业有限责任公司之股权转让协议》，中国信达转让中金铜业4.2095%股权，对价为2.42亿元； 中国信达转让中金荣晟10.3333%股权，对价为3.65亿元。11月20日，中金岭南又与中国信达签订《山东 中金岭南铜业有限责任公司之股权转让协议》，中国信达转让中金铜业2.5689%股权，对价为1.35亿 元。 其中，中金岭南出资18.9亿元，财务投资人合计出资11.1亿元，通过该平台控股破产重整投资主体山东 中金岭南铜业有限责任公司(下称"中金铜业")。其他债转股股 ...

Mergers and Acquisitions - Kaizhong Co., Ltd. is planning to acquire control of Anhui Tuosheng Automotive Parts Co., Ltd. through a combination of issuing shares and cash payment, with funds raised from no more than 35 specific investors to be used entirely for the transaction [1] - Yingli Co., Ltd. intends to purchase 100% equity of Foshan Zhiqiang Optoelectronics Co., Ltd. for 66.497 million yuan to enter the supply chain of a North American brand [2] - Gaoneng Environment is set to jointly invest with related parties to acquire 45.2% equity in three mining companies for a total of 82.6 million yuan, with the transaction amount for equity transfer being 63.28 million yuan [3] Shareholding Changes - Fujirui's shareholder, Shanghai Zhaoren, plans to reduce its stake by up to 0.21%, equating to 160,500 shares, due to personal funding needs, with the reduction period set from November 27, 2025, to February 26, 2026 [4] - Zhaoyi Innovation's executives plan to collectively reduce their holdings by 249,000 shares, with specific reductions from various executives ranging from 3,060 to 63,800 shares [5] - Juneyao Airlines' controlling shareholder, Shanghai Juneyao Group, intends to reduce its stake by up to 3%, amounting to 65.52 million shares, due to business arrangements from December 15, 2025, to March 14, 2026 [6] Regulatory Issues - Jushi Chemical has been investigated by the China Securities Regulatory Commission for suspected violations of information disclosure, having received a notice of investigation on November 21, 2025 [7] - Haosai has also been investigated by the China Securities Regulatory Commission for similar information disclosure violations, with the company stating that its operations remain normal [8] - Guolian Aquatic Products received a warning letter from the Guangdong Securities Regulatory Bureau for failing to disclose non-operating fund occupation of 7.8 million yuan in a timely manner, which was only reported in the annual report on April 28, 2025 [9]

Group 1 - The company has completed the acquisition of 10.94% equity in Jiangsu Aoliwei Sensor Co., Ltd. as of October 10, 2025 [1] - Following the completion of the share transfer registration, the company will complete the board member adjustments and amendments to the articles of association within 30 working days [1] - The target company's board now consists of 5 directors, with 3 non-independent directors and 2 independent directors, allowing the company to have substantial influence over board decisions [1] Group 2 - The target company is considered a non-wholly-owned subsidiary, and its financial performance will be consolidated into the group's financial statements [2] - The subscription for newly issued shares by the target company has not yet been completed, and the company will provide updates as necessary [2]

标的资产及交易影响 浙江省建设投资集团股份有限公司（简称"浙江建投"，002761）近日披露发行股份购买资产并募集配套 资金暨关联交易报告书草案，公司拟通过发行股份方式收购国新建源股权投资基金（成都）合伙企业 （有限合伙）（简称"国新建源基金"）持有的三家子公司少数股权，交易总价12.83亿元；同时向控股 股东浙江省国有资本运营有限公司（简称"国资运营公司"）发行股份募集配套资金4.5亿元。本次交易 完成后，标的公司将成为上市公司全资子公司，控股股东及实际控制人未发生变更。 公告显示，浙江一建、浙江二建、浙江三建均为浙江建投控股子公司，主要从事建筑工程施工业务，与 上市公司主营业务协同效应显著。交易前，上市公司分别持有三家公司86.95%、75.27%及75.22%股 权；交易完成后，三家公司将成为上市公司全资子公司，有助于增强管理控制力及运营效率。 财务数据显示，标的公司2023年度合计营收362.13亿元，占上市公司营收比例39.10%；合计归母净利润 6.21亿元，占上市公司归母净利润比例158.44%。本次交易后，上市公司归属于母公司所有者权益及净 利润将显著提升，资产负债率有望下降。以2024年末数 ...

Core Viewpoint - The company, Huadian Co., Ltd. (002463.SZ), aims to enhance its control and operational efficiency over Shengwei Technology (Jiangsu) Co., Ltd. by acquiring an additional 15% stake from Schweizer Electronic AG for €19.0091 million, increasing its ownership from 84% to 99% [1] Group 1 - The acquisition of the 15% stake in Shengwei Technology will strengthen the company's decision-making capabilities and control over the subsidiary [1] - The company will also purchase a set of patents and technical assets from Schweizer for €1.991 million to improve its technology layout in embedded packaging technology (P2Pack) [1] - This strategic move is expected to enhance the core technological capabilities, product competitiveness, and market barriers of Shengwei Technology [1]

人民财讯11月20日电，沪电股份（002463）11月20日公告，公司拟以1900.91万欧元的价格购买关联方 Schweizer Electronic AG.(下称"Schweizer")持有的胜伟策15%股权，本次交易完成后，公司持有胜伟策 的股权比例将由84%增加至99%。同时为进一步完善胜伟策在嵌入式封装技术(P2Pack)等领域的技术布 局，增强核心技术能力，提升产品竞争力与市场壁垒，同意胜伟策199.1万欧元的价格向Schweizer购买 一组专利及技术资产。 ...

Core Viewpoint - The company aims to enhance its control and operational decision-making efficiency over Shengweica by acquiring an additional 15% stake from the related party Schweizer for €19.09 million, increasing its ownership from 84% to 99% [1] Group 1 - The acquisition of the 15% stake is part of the company's strategy to strengthen its control over Shengweica [1] - The company will also purchase a set of patents and technical assets from Schweizer for €1.9909 million to improve Shengweica's technology layout in embedded packaging technology (P2Pack) [1] - This move is expected to enhance the core technological capabilities of Shengweica, thereby increasing product competitiveness and market barriers [1]

智通财经APP讯，君亭酒店(301073.SZ)公告，公司董事会审议通过了《关于现金收购控股子公司少数股 权的议案》，同意公司收购君澜管理剩余的21%股权。公司与杭州子澜酒店管理合伙企业(有限合伙)、 王建平、陈慧慧于2025年11月20日签订了《关于浙江君澜酒店管理有限公司21%股权之股权收购协 议》，各方同意以评估报告的评估值为基础，经交易各方协商确定，君澜管理21%股权的收购价格为 7980万元。交易完成后，公司将持有浙江君澜酒店管理有限公司100%股权，标的公司将成为公司全资 子公司。 ...

Core Viewpoint - Heshun Petroleum (603353) has experienced significant stock price fluctuations, with a recent increase in share price and a total market capitalization of 5.886 billion yuan as of November 19, 2025 [1] Group 1: Stock Performance - As of November 19, 2025, Heshun Petroleum's stock closed at 34.24 yuan, up 0.97% from the previous trading day [1] - The stock opened at 34.25 yuan, reached a high of 35.44 yuan, and a low of 31.5 yuan, with a trading volume of 5.48 billion yuan and a turnover rate of 9.66% [1] Group 2: Risk Announcement - The company issued a risk warning stating that its stock price had deviated significantly, with a cumulative closing increase of over 20% on November 14 and 17, indicating abnormal volatility [1] - The company confirmed that its production and operational activities are normal, with no significant changes or undisclosed information [1] Group 3: Acquisition Intent - Heshun Petroleum disclosed an intention to acquire at least 34% of Shanghai Kuixin Integrated Circuit Design Co., Ltd. for no more than 540 million yuan, aiming to gain control [1] - The announcement also included a notice regarding the transfer of shares by the actual controller and concerted parties, highlighting the uncertainty surrounding the transaction [1]

Core Points - Two companies, Huiyuan Communication and Hualan Group, are undergoing changes in control and will resume trading on November 19, 2025 [2][3] - Aik Shares is planning to issue shares to acquire assets and will be suspended from trading starting November 19, 2025 [5] - ST Zhengping's stock has seen a significant increase of 221.93% from September 1 to November 18, 2025, leading to a suspension for verification [6] - Tianyima plans to acquire 98.5632% of Xingyun Kaiwu for 1.1885 billion yuan and will issue shares to raise up to 155 million yuan [9] Group 1: Control Changes - Huiyuan Communication plans to issue up to 53.65 million shares at 11.37 yuan per share, raising a total of up to 610 million yuan, with the proceeds used for working capital [2] - Hualan Group's actual controllers will transfer a total of 851.13 million shares (5.79% of total shares) to Xutong Investment at a price of 20.41 yuan per share, totaling 174 million yuan [3] Group 2: Suspensions and Resumptions - Aik Shares will be suspended from trading as it plans to issue shares and cash to acquire Dongguan Silicon Xiang Insulation Materials Co., Ltd. [5] - ST Zhengping's stock will be suspended for verification due to its stock price significantly deviating from fundamentals [6] - ST Dongyi has completed its verification work and will resume trading on November 19, 2025 [11] Group 3: Major Asset Restructuring - Tianyima is planning a major asset restructuring by acquiring a majority stake in Xingyun Kaiwu for 1.1885 billion yuan [9] - Meng Tian Home has terminated its asset restructuring and control change plans, leading to its resumption of trading [9] Group 4: Fundraising Activities - Jin An Guo Ji plans to raise up to 1.29995 billion yuan through a private placement for a high-grade copper-clad laminate project [9] - Wan Tong Technology is also planning a private placement to raise up to 920 million yuan for working capital [9]