Group 1 - The core point of the news is that Meike Home (600337) has announced a projected loss for the fiscal year 2025, with a significant decline in revenue and net profit for the first three quarters of 2025 [1] - For the first three quarters of 2025, the company reported an operating income of 2.223 billion yuan, a year-on-year decrease of 10.1%, and a net profit attributable to shareholders of -220 million yuan [1] - The company's stock experienced four consecutive trading limit increases from January 5 to January 8, with a closing price of 4.27 yuan per share and a total market value of 6.136 billion yuan as of January 8 [1] Group 2 - Meike Home announced the suspension of operations at its wholly-owned subsidiary in Tianjin, effective January 1, 2026, due to significant operational losses and low capacity utilization rates averaging below 20% [2] - The decision to halt production aims to optimize idle capacity, reduce losses, and accelerate strategic transformation [2] - Employees have been notified regarding the suspension of operations at Tianjin Meike and Tianjin processing facilities [2]

Core Viewpoint - The company, Time Space Technology (605178.SH), announced its plan to acquire 100% equity of Shenzhen Jiahe Jingwei Electronic Technology Co., Ltd. through a combination of share issuance and cash payment, marking its entry into the storage industry, which is outside its current business scope [2] Group 1: Acquisition Details - The target company specializes in the research, design, production, and sales of storage products such as memory modules and solid-state drives [2] - Prior to this transaction, the company had no experience in the storage industry, indicating a significant shift in its operational focus [2] Group 2: Risks and Challenges - The acquisition may expose the company to integration risks as the target company will be incorporated into its management and consolidated financials [2] - The target company relies on storage chips as its primary raw material, which are produced by a limited number of manufacturers, including SK Hynix, Micron, Samsung, Hefei Changxin, and Yangtze Memory Technologies [2] - Although the target company has established long-term and stable relationships with major storage chip manufacturers or their distributors, potential adverse changes in international trade or supplier relationships could lead to supply shortages, significantly impacting the company's operations [2]