Core Viewpoint - Rongke Technology (300290.SZ) has seen its stock price surge to a limit-up of 22.92 yuan per share, with a total market capitalization of 14.66 billion yuan, amid rumors of a restructuring involving "Super Fusion" [2]. Group 1: Market Activity - The stock price of Rongke Technology reached 22.92 yuan per share, resulting in a total market value of 14.66 billion yuan [2]. - The market is abuzz with speculation regarding the "Super Fusion" restructuring, following an announcement from Yuxin Electronic Technology Group about an asset evaluation project for Rongke Technology [2]. Group 2: Restructuring Speculation - Beijing Zhongtonghua Asset Appraisal Co., Ltd. won a bid for 160,000 yuan to assess the fair value of Rongke Technology's identifiable net assets and goodwill, which is often a precursor to equity acquisition or asset injection [2]. - Analysts suggest that this indicates a substantial phase in the restructuring process between Rongke Technology and Super Fusion Digital Technology Co., Ltd. [2]. Group 3: Company Background - Super Fusion, a provider in the computing infrastructure and services sector, was previously part of Huawei's x86 server business before being divested in 2021 [2]. - Both Rongke Technology and Super Fusion are under the actual control of the Henan Provincial State-owned Assets Supervision and Administration Commission through Yuxin Electronic Technology Group [2]. Group 4: Company Response - Rongke Technology's staff confirmed that the consolidation matters are true but only pertain to financial data reflected in Yuxin's reports, not affecting actual operations or involving asset injection from Super Fusion [3]. - The company has previously denied similar rumors in October 2023 and October 2024, emphasizing that it has not participated in the development of Kunpeng servers and warning investors about market speculation risks [3]. Group 5: Shareholder Composition - As of March 31, 2025, the top ten shareholders of Rongke Technology include notable investors such as Tu Shien, Jiang Donglin, Shi Yuqing, and Tu Wenbin, holding 2.78 million, 2.2 million, 2 million, and 1.9 million shares respectively [3].