Mergers and Acquisitions - Aladdin announced its participation in the auction for 81.96% equity of Kasma Holdings, with a transfer base price of 202 million yuan, aiming to expand sales channels and integrate downstream resources [1] - *ST Baoshi received approval from the Ningxia State-owned Assets Supervision and Administration Commission for the acquisition of 100% equity of Ningxia Electric Power Investment New Energy Co., Ltd. through major asset replacement and cash payment [2] - Guotou Zhonglu disclosed a transaction plan to acquire 100% shares of China Electronic Engineering Design Institute through share issuance, with the specific transaction price yet to be determined [3] Shareholding Changes - MaiPu Medical announced that shareholder Tang Ying plans to reduce holdings by no more than 1% of the company's shares, totaling up to 665,100 shares [4] - Yue Wannianqing disclosed that a 10% shareholder, Hehe Investment, plans to reduce holdings by no more than 6% of the company's shares, totaling up to 4.8 million shares [5] - *ST Huawang announced that shareholder Wu Qun plans to reduce holdings by no more than 1.76% of the company's shares, totaling up to 15,414,300 shares [6] Regulatory Issues - Liuhua Co. received an administrative regulatory decision from the Guangxi Securities Regulatory Bureau due to issues related to accounting irregularities and failure to fulfill obligations regarding the integrity of appointed directors and supervisors [7] - *ST Huike was investigated by the China Securities Regulatory Commission for suspected violations of information disclosure laws [8][9] - Tuisijingang announced that two vice presidents were arrested for violating important information disclosure laws, but stated that this would not impact the company's normal operations [10]

Mergers and Acquisitions - Kangda New Materials plans to acquire at least 51% equity in Chengdu Zhongke Huami Electronics Co., Ltd. through cash payment, aiming to gain control over the company, which specializes in high-reliability integrated circuit products [1] - CITIC Guoan intends to increase its investment in China Broadcasting Hunan Company by signing a capital increase agreement, contributing 278 million yuan, which will result in a 5.29% equity stake in the company [2] - Baodi Mining intends to purchase 82% equity in Xinjiang Congling Energy Co., Ltd. and 5% equity from JAAN for a total transaction price of 685 million yuan, while also raising matching funds [3] Shareholding Changes - Qianhong Pharmaceutical's actual controller's concerted actor, Wang Ke, plans to continue increasing his stake by acquiring no less than 12.4 million shares through block trading [4] - China Haifang announced that the shareholding ratio of Guofeng Investment Fund and its concerted actors has decreased from 5.06% to 5% [5] - Dongzhu Ecology's director, Li Jiajun, plans to reduce his holdings by no more than 58,800 shares, which is 0.01% of the total share capital [6] Risk Matters - Hengshuai Co., Ltd. is actively exploring applications in the robotics field but has not yet formed relevant orders, with projected revenue from related products not exceeding 1% of total revenue in 2024 [7] - Tongyuan Petroleum's stock has experienced severe abnormal fluctuations, with a cumulative price increase deviation exceeding 100% over ten trading days, and a rolling P/E ratio of 83.04, significantly different from industry peers [9] - ST Dongshi's stock and convertible bonds will be suspended from trading due to failure to rectify fund occupation issues within the mandated period [10]

Group 1 - Wolong Materials plans to acquire 25% equity of Changyuan Electronics for 340 million yuan, aiming to hold 100% equity post-transaction [1] - New Fengming's wholly-owned subsidiary intends to acquire 36% equity of Jinlian Port for 70.08 million yuan [2] - Qingda Environmental Protection expects revenue for the first half of 2025 to grow by 75.12% to 143.22%, projecting revenue between 900 million to 1.25 billion yuan [3] Group 2 - Wuliangye Group has invested 606 million yuan to increase its stake in Wuliangye, acquiring 470,370 shares, which is 0.12% of the total share capital [4] - Blue Sky Gas's controlling shareholder plans to increase its stake in the company with an investment between 100 million to 150 million yuan, not exceeding 2% of the total share capital [5] - Hahong Huadong's major shareholder, Changzhou Hengtong Investment, plans to reduce its stake by up to 3%, equivalent to 545,440 shares [6] Group 3 - Songcheng Performance received a warning letter from the Zhejiang Securities Regulatory Bureau regarding supervisory measures against the company and related personnel [7] - Shandong Molong confirmed that there are no undisclosed significant matters, stating that its operational situation remains stable [8] - Zhun Oil also reported no undisclosed significant matters, with its operational environment remaining unchanged [9][10]

Mergers and Acquisitions - Conch New Materials plans to acquire 80% of Kangning Special Environmental Technology Co., Ltd. and 100% of Zhengzhou Kangning Special Environmental Engineering Technology Co., Ltd. for a total transaction price of approximately 186 million yuan, with final pricing subject to adjustments based on asset valuations at the time of management transfer [1] - BOE Technology Group intends to acquire 30% of Xianyang Rainbow Optoelectronics Technology Co., Ltd. through a public bidding process, with a starting price of 4.849 billion yuan [2] - Wutong Holdings aims to purchase 20% of Suzhou Wutong Intelligent Electronics Co., Ltd. for 84 million yuan to enhance its smart manufacturing business [3] Shareholding Changes - SITW announced that the National Integrated Circuit Industry Investment Fund II has reduced its shareholding from 7.35% to 6.99% after selling 1.45 million shares [4] - Double Fly Group's shareholders plan to collectively reduce their holdings by no more than 210,000 shares, with specific reductions of 90,000 shares and 120,000 shares from two different shareholders [5] - Lixing Co., Ltd. executives plan to reduce their holdings by a total of 218,000 shares, with individual reductions of 88,000 shares, 65,000 shares, and 65,000 shares [6]

Mergers and Acquisitions - Three Squirrels announced the termination of its acquisition of Hunan Ailing Snack Technology Co., Ltd. due to failure to reach agreement on core terms of the transaction, which was initially planned for up to 200 million yuan [1] - Bangji Technology plans to acquire all shares of several agricultural companies held by Riverstone Farm Pte. Ltd. and 80% of the shares of Paistong Livestock Technology Consulting (Shanghai) Co., Ltd. through a combination of issuing shares and cash, with the transaction price yet to be determined [2] - Taihe Intelligent intends to acquire 100% equity of Anhui Sunshine Youchu New Energy Co., Ltd. from Sunshine New Energy for no more than 50 million yuan, which constitutes a related party transaction but is not classified as a major asset restructuring [3] Shareholding Changes - Baodi Mining announced that three shareholders plan to collectively reduce their holdings by no more than 4.05% of the company's shares, with specific reductions of up to 24 million shares (3%), 8 million shares (1%), and 400,000 shares (0.05%) respectively [4] - Haoyue Nursing reported that its shareholder, Hangzhou Hope Venture Capital, plans to reduce its holdings by no more than 0.5% of the company's shares due to personal financial needs, amounting to up to 1.07 million shares [5] - Dongfang Shenghong disclosed that a concerted party of its controlling shareholder plans to increase its stake in the company by no less than 500 million yuan and no more than 1 billion yuan within six months through the Shenzhen Stock Exchange [6] Risk Matters - Yunmei Energy confirmed that there are no undisclosed significant matters following a stock price fluctuation exceeding 20% over three consecutive trading days, and both the company and its controlling shareholder have no undisclosed significant matters [7] - Shandong Molong stated that there are no undisclosed significant matters after its stock price fluctuated over 20% in two consecutive trading days, with no major changes in its production and operational environment [8] - Tongyuan Petroleum reported that the recent Israel-Palestine conflict has no impact on its business, despite a stock price fluctuation exceeding 30% over two consecutive trading days, and confirmed no undisclosed significant matters [9]

Mergers and Acquisitions - Bozhong Precision plans to acquire 70% stake in Shanghai Wodian for 420 million yuan, aiming to enter the automotive intelligent equipment market and establish a diversified business model of "3C + new energy + automotive" [1] Shareholding Changes - Hengrui Medicine's senior vice president plans to reduce holdings by up to 47,670 shares, representing 0.007% of the total share capital due to personal financial needs [2] - Guomao Co., Ltd.'s actual controller plans to reduce holdings by up to 19,772,600 shares, accounting for 3% of the total share capital, with a minimum selling price not lower than the IPO price [3] - Baoli International's shareholder plans to reduce holdings by up to 27,468,000 shares, representing 3% of the total share capital after excluding repurchased shares, due to personal financial needs [4] Risk Matters - Yong'an Pharmaceutical warns of high speculation risk as its stock price has surged significantly, deviating from the market trend, although there are no major changes in fundamentals [5] - ST Kevin alerts investors about rational investment and risk awareness due to a cumulative price deviation of 12.32% over three trading days, confirming no violations of fair information disclosure [6] - Annie Co. states that there are no undisclosed significant matters, despite a cumulative price deviation exceeding 20% over two trading days, and confirms stable operational conditions [7]

Mergers and Acquisitions - Borui Pharmaceutical plans to invest 20 million yuan in Suzhou Geek Gene Technology Co., acquiring a 4.1667% stake after the capital increase. This transaction is classified as a related party transaction and does not constitute a major asset reorganization [1] - Western Gold intends to acquire 100% equity of Xinjiang Meisheng Mining Co., for 1.655 billion yuan, with a premium of 1421.66% compared to the book value [2] - Jintou Chengkai plans to purchase 100% equity of Tianjin Jinneng Co., Tianjin Heat Co., and Tianjin Port Yigong Heat Co. through asset swaps, share issuance, and cash payments, while raising matching funds from no more than 35 specific investors [3] Shareholding Changes - Baicheng Pharmaceutical's controlling shareholder plans to increase its stake in the company by investing between 50 million and 100 million yuan within six months, with a maximum increase of 2.00% of the total share capital [4] - Waneng Power's wholly-owned subsidiary, Waneng Capital, plans to increase its stake in the company by investing no less than 75 million yuan and no more than 150 million yuan within three months [5] - Yifeng Pharmacy's controlling shareholder and its concerted parties plan to reduce their holdings by up to 2% of the company's shares, approximately 24.2483 million shares, due to employee funding needs [6] Risk Matters - Hengbang Co. received an administrative regulatory decision from the Shandong Securities Regulatory Bureau due to the failure to disclose information related to the criminal detention of its deputy general manager, which violates relevant disclosure regulations [7] - Jingjin Equipment announced that its actual controller, chairman, and general manager has been detained and is under investigation, but other board members and management are functioning normally, and operations are not significantly impacted [8] - Beikong Technology reported a risk of a small external circulation due to a cumulative abnormal stock price fluctuation exceeding 20% over two days, confirming no undisclosed significant matters [9]

Mergers and Acquisitions - Bohai Automotive plans to acquire 51% equity stakes in Beijing Beiqi Moulding Technology Co., Ltd. and other companies through a combination of issuing shares and cash payment, indicating a significant asset restructuring [1] - Zhejiang Longsheng intends to purchase 37.57% of the shares in Desida Global Holdings for a total consideration of $697 million [2] - Hangzhou High-tech's subsidiary aims to acquire assets worth 19.29 million yuan, including machinery and electronic equipment, to support its business development [3] Shareholding Changes - Wuhan Tianyuan's major shareholder, Konka Group, plans to reduce its holdings by up to 19.90 million shares, representing 3% of the total share capital [4] - Xiaoming Co. announces that its shareholder, Xiamen Chentu, along with its concerted parties, intends to reduce their holdings by up to 5.57 million shares, accounting for 2.97% of the total share capital [5] - Dianzhi Technology's board member and supervisor plan to sell a small number of shares for personal financial needs, with reductions of 5,000 shares and 40,000 shares respectively [6] Risk Matters - ST Tianyu is under investigation by the police for alleged fund misappropriation involving its actual controller, which may impact investor confidence [7] - ST Jinglan has been subjected to an investigation by the China Securities Regulatory Commission for suspected information disclosure violations, although it claims this will not significantly affect its operations [9] - ST Yazhen warns of potential stock trading anomalies due to a significant price increase of 93.14% over a short period, indicating possible irrational market behavior [10]

Mergers and Acquisitions - Antong Holdings has decided to terminate the issuance of shares for asset acquisition and related transactions, which included plans to acquire 100% of China Foreign Container Transport Co., Ltd. and 70% of Guangzhou Merchants Roll-on Roll-off Transport Co., Ltd. from China Merchants Energy Transportation Co., Ltd. [1] - Yapu Co., Ltd. plans to purchase approximately 54.50% of shares in Shanghai Yingshuang Electric Technology Co., Ltd. for about 578 million yuan using its own funds [2] Shareholding Changes - Shareholder Zhou Xin of Zhixin Precision plans to reduce his holdings by up to 3% of the total shares, which amounts to a maximum of 1.6 million shares, within three months starting from 15 trading days after the announcement [3] - Wuhu Gaoxin Yida intends to reduce its holdings in Focase Technology by up to 2.9494% of the total shares, equating to a maximum of 250,220 shares, within three months starting from 15 trading days after the announcement [4] - Qin Guangxia, a major shareholder and senior management of Shuyupingmin, plans to reduce her holdings by up to 3% of the total shares, which is a maximum of 12.07 million shares, between June 19, 2025, and September 18, 2025 [5] Risk Matters - Jinghua Laser has experienced a significant stock price increase of 46.44% over four consecutive trading days, but the company acknowledges that its cultural and creative business has considerable unpredictability and volatility [6] - Youfu Co., Ltd. has reported that there have been no significant changes in its recent operating conditions or external business environment, despite its stock price deviating by over 20% in three consecutive trading days [7] - KJ Intelligent has confirmed that its recent daily operations are normal, with no significant changes in market conditions or industry policies, despite its stock price deviating by over 30% in three consecutive trading days [8]

增减持 并购重组 斯菱股份：部分股东及高层人员拟减持，减持数量合计不超过公司总股份的1.36% 广联航空：拟购买天津跃峰51%股份 广联航空公告称，公司和/或公司指定的主体拟以支付现金的方式购买天津跃峰科技股份有限公司（文 中简称天津跃峰）2550万股股份，占标的公司总股份的51%。本次交易完成后公司预计将实现对标的公 司控股。 重庆钢铁：终止吸收合并全资子公司新港长龙 重庆钢铁公告称，基于当前市场环境与发展战略，公司决定终止吸收合并全资子公司重庆新港长龙物流 有限责任公司（文中简称新港长龙）。新港长龙作为独立运营主体，其专业资质将为公司拓展多式联 运、物流仓储等供应链增值业务创造优势，有效弥补公司在综合物流服务及仓储环节的短板。 浙江新能：控股子公司拟2.02亿元收购常安抽蓄29%股权 浙江新能公告称，公司控股子公司浙江浙能绿能电力发展有限公司拟收购浙江浙能富阳常安抽水蓄能有 限公司（文中简称常安抽蓄）29%的股权，交易对价为2.02亿元。本次交易完成后，公司控股子公司将 持有常安抽蓄80%股权。 中毅达：如后续公司股票交易进一步出现重大异常，将依规申请停牌核查 中毅达公告称，公司A股股票自2025年3月1 ...