Core Viewpoint - JiaHua Technology (688051.SH) announced a major asset restructuring plan to acquire controlling interest in Shudun Information Technology Co., Ltd. through a combination of share issuance and cash payment, with the stock suspension expected to last no more than five trading days [1][2]. Group 1: Transaction Details - The transaction involves signing a share acquisition intention agreement with Shudun Technology's main shareholder, Zhu Yun, with key details such as transaction amount and payment structure still under negotiation [2]. - Shudun Technology, established in 2002, is recognized for its commercial password qualifications and has developed four major product systems, including password security and information security products [1][2]. - The company has achieved 108 bidding records since 2025, serving critical sectors such as energy, transportation, finance, and government [1]. Group 2: Financial Context - JiaHua Technology is facing performance pressure, with a 30.72% year-on-year decline in revenue and a net loss of 67.238 million yuan in the first three quarters of 2025 due to intensified industry competition and tightened customer budgets [2]. - The market has reacted to the acquisition news, with a significant price fluctuation observed on November 21, where the stock experienced a drop of 2.28% by the end of the day, despite a year-to-date increase of over 130% [2]. Group 3: Future Actions - The company emphasized that it will expedite the transaction process during the suspension period and will disclose the restructuring plan and subsequent documents in a timely manner [3].

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688051 证券简称：佳华科技 公告编号：2025-032 罗克佳华科技集团股份有限公司 关于筹划重大资产重组事项停牌的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 因筹划发行股份及支付现金购买资产并募集配套资金事项 ,本公司的相关证券停复牌情况如下： ■ 一、停牌事由和工作安排 罗克佳华科技集团股份有限公司（以下简称"公司"）正在筹划以发行股份及支付现金的方式购买数盾信 息科技股份有限公司（以下简称"数盾科技"或"标的公司"）的控股权并募集配套资金（以下简称"本次 交易"）。 本次交易尚处于筹划阶段，截至本公告披露日，经初步测算，本次交易可能构成《上市公司重大资产重 组管理办法》规定的重大资产重组。根据《上海证券交易所股票上市规则》相关法规，本次交易不会导 致公司实际控制人发生变更，不构成重组上市。此外，因标的公司审计评估、交易金额、发行股份及支 付现金比例等内容暂未确定，尚无法确定本次交易是否构成关联交易。关于本次交易是否构成重大资产 重组及关联交易的具 ...

Core Viewpoint - The A-share market is experiencing active mergers and acquisitions, with multiple companies planning significant asset restructurings [1][2]. Group 1: Mergers and Acquisitions Announcements - Jiahua Technology announced plans to acquire a controlling stake in Shudun Information Technology and raise supporting funds, leading to a stock suspension starting November 24 [2][3]. - Kaizhong Co. is planning to acquire control of Anhui Tuosheng Automotive Parts, with a stock suspension also starting November 24 [2][10]. - Guangku Technology intends to purchase 99.97% of Suzhou Anjie Xun Optoelectronics, with a similar stock suspension [2][10]. Group 2: Company Profiles and Financials - Shudun Technology, established in 2002, specializes in domestic password technology and has provided solutions across various sectors including energy and finance [5]. - Jiahua Technology focuses on IoT big data technology and has a market capitalization of 3.712 billion CNY, with a stock price of 48 CNY as of November 21, reflecting a year-to-date increase of over 130% [6][9]. - For the first three quarters of the year, Jiahua Technology reported revenue of 166 million CNY, a year-on-year decline of 30.72%, and a net loss of 67.24 million CNY [9]. Group 3: Strategic Implications of Mergers - The acquisition of Shudun Technology is expected to enhance Jiahua Technology's capabilities in information security and password technology [5]. - Kaizhong Co.'s acquisition of Anhui Tuosheng aims to strengthen its position in the automotive parts sector, focusing on advanced damping systems [10][11]. - Guangku Technology's acquisition of Anjie Xun is intended to expand its product and technology portfolio in the optical communication field, enhancing its competitive edge [11].

【 导读】 佳华科技 拟 购买 数盾科技的 控股权 中国基金报记者 牛思若 11月23日， 佳华科技 公告称，公司正在筹划以发行股份及支付现金的方式购买数盾信息科技股份有限公司 （ 以下简称数盾科技） 的控 股权并募集配套资金。 公司股票自2025年11月24日起停牌，预计停牌时间不超过5个交易日。 | 证券代码:688051 证券简称:住华科技 公告编号:2025-032 | | | | | | --- | --- | --- | --- | --- | | 罗克佳华科技集团股份有限公司 | | | | | | 关于筹划重大资产重组事项停牌的公告 | | | | | | 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 | | | | | | 或者重大遗漏,并对其内容的真实性、准确性和宗整性承担法律责任。 | | | | | | 重要内容提示: | | | | | | ● 证券停复牌情况:适用 | | | | | | 因筹划发行股份及支付现金购买资产并募集配套资金事项,本公司的相关证券停 | | | | | | 复牌情况如下: | | | | | | 正券代码 证券简称 停牌起始日 停牌终 ...

Core Viewpoint - JiaHua Technology (688051) is planning to acquire a controlling stake in Shudun Information Technology Co., Ltd. through a combination of issuing shares and cash payment, while also raising supporting funds [1] Group 1: Company Overview - Shudun Technology was established in 2002 and focuses on domestic cryptography technology research, cryptographic information security product development, and overall information security solution services [1] - The company is one of the first to be recognized by the National Cryptography Administration as having commercial cryptography qualifications [1] - Shudun Technology has developed four major systems: cryptographic security products, information security products, compliance services, and cryptographic evaluation services [1] Group 2: Transaction Details - The transaction is currently in the planning stage and may constitute a significant asset restructuring as defined by the regulations for listed companies [1] - As of the announcement date, the transaction will not lead to a change in the actual controller of the company and does not constitute a restructuring listing [1] - JiaHua Technology's stock will be suspended from trading starting November 24, with an expected suspension period of no more than five trading days [1]

11月23日晚间，佳华科技发布关于筹划重大资产重组事项停牌的公告称，公司正在筹划以发行股份及支 付现金的方式购买数盾信息科技股份有限公司（简称"数盾科技"或"标的公司"）的控股权并募集配套资 金。 此次交易尚处于筹划阶段，截至公告披露日，经初步测算，此次交易可能构成《上市公司重大资产重组 管理办法》规定的重大资产重组。 公告称，公司股票11月24日开市起停牌，预计停牌时间不超过5个交易日。 | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌期间 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | | 688051 | 佳华科技 | A 股 停牌 | 2025/11/24 | | | 图片来源：公司公告 此次交易正处于筹划阶段 公告称，此次交易不会导致佳华科技实际控制人发生变更，不构成重组上市。此外，因标的公司审计评 估、交易金额、发行股份及支付现金比例等内容暂未确定，尚无法确定交易是否构成关联交易。关于此 次交易是否构成重大资产重组及关联交易的具体认定，公司将在重组预案或重组报告书中予以详细分析 和披露。 公开资料显示，数盾科技法定代表人为 ...

Group 1 - The core point of the news is that Jiahua Technology (688051) announced a suspension of trading due to planning a major asset restructuring involving the acquisition of a controlling stake in Shudun Technology through a combination of share issuance and cash payment [1] - The trading suspension will start on November 24, 2025, and is expected to last no more than five trading days [1] - Shudun Technology, established in 2002, specializes in domestic cryptography technology research and information security solutions, and is recognized by the National Cryptography Administration for its commercial cryptography qualifications [2] Group 2 - Jiahua Technology focuses on the research and application of IoT big data technology, having developed competitive core technologies and rich implementation experience across various layers of IoT [2] - The company reported a revenue of 166 million yuan for the first three quarters of the year, a decrease of 30.72% year-on-year, and a net profit attributable to shareholders of -67.24 million yuan [2][4] - The financial report indicates a significant decline in operating income and net profit compared to the previous year, with a basic earnings per share of -0.34 yuan [4]

Group 1 - JiaHua Technology (688051) will be suspended from trading starting November 24, 2025, due to a major asset restructuring plan [2][3] - The company plans to acquire a controlling stake in ShuDun Technology through a combination of issuing shares and cash payments, along with raising supporting funds [2] - ShuDun Technology, established in 2002, specializes in domestic cryptography technology research and information security solutions, and is recognized for its commercial cryptography qualifications [3] Group 2 - In the first three quarters of the year, JiaHua Technology reported a revenue of 166 million yuan, a year-on-year decrease of 30.72%, and a net loss attributable to shareholders of 67.24 million yuan [3] - The company focuses on the research and application of IoT big data technology, having developed competitive core technologies and extensive implementation experience [3] - JiaHua Technology has established a "data factory" system, providing IoT big data services to government and enterprise users [3]

Core Viewpoint - Jiahua Technology (688051) announced a suspension of trading starting November 24, 2025, due to plans for a major asset restructuring involving the acquisition of a controlling stake in Shudun Information Technology Co., Ltd. through a combination of share issuance and cash payment [1][2]. Company Overview - Jiahua Technology focuses on the research and application of IoT big data technology, having developed competitive core technologies and extensive implementation experience across various layers of IoT [3]. - The company has established a "data factory" system, which encompasses core capabilities in smart manufacturing, IoT engineering, software development, operational services, data computing power, and data capabilities, providing IoT big data services to government and enterprise users [3]. Financial Performance - For the first three quarters of the year, Jiahua Technology reported a revenue of 166 million yuan, a year-on-year decrease of 30.72%, and a net profit attributable to shareholders of -67.24 million yuan [3][4]. - The financial report indicates a total revenue of 561.57 million yuan for the current reporting period, reflecting a decrease of 6.21% compared to the same period last year [4]. - The net profit attributable to shareholders for the year-to-date period was -67.24 million yuan, with a basic earnings per share of -0.34 yuan [4].

因本次交易尚存在不确定性，为了保证公平信息披露、维护投资者利益，避免对公司股价造成重大影 响，根据上海证券交易所的相关规定，经公司申请，公司股票(证券简称：佳华科技，证券代码： 688051)自2025年11月24日(星期一)开市起停牌，预计停牌时间不超过5个交易日。 股票停牌期间，公司将根据事项进展情况，严格按照有关法律法规的规定和要求履行信息披露义务。待 上述事项确定后，公司将及时发布相关公告并申请公司股票复牌。 中国经济网北京11月23日讯佳华科技(688051.SH)今日发布关于筹划重大资产重组事项停牌的公告。公 司正在筹划以发行股份及支付现金的方式购买数盾信息科技股份有限公司(以下简称"数盾科技"或"标的 公司")的控股权并募集配套资金(以下简称"本次交易")。 本次交易尚处于筹划阶段，截至本公告披露日，经初步测算，本次交易可能构成《上市公司重大资产重 组管理办法》规定的重大资产重组。根据《上海证券交易所股票上市规则》相关法规，本次交易不会导 致公司实际控制人发生变更，不构成重组上市。此外，因标的公司审计评估、交易金额、发行股份及支 付现金比例等内容暂未确定，尚无法确定本次交易是否构成关联交易。关于 ...