Suspension and Resumption of Trading - Yidao Information is planning to issue shares and pay cash to acquire controlling stakes in Guangzhou Langguo Electronic Technology Co., Ltd. and Shenzhen Chengwei Information Co., Ltd., resulting in a trading suspension [1] - Galaxy Magnetics intends to acquire 100% equity of Kyoto Longtai through share issuance and cash payment, with an estimated valuation of approximately 450 million yuan, leading to the resumption of trading [1] - New Dazheng plans to acquire 75.15% equity of Jiaxin Liheng, which will expand its business presence in key regions, resulting in the resumption of trading [1] - Guanzhong Ecology's controlling shareholder plans to change, and it intends to acquire 51% equity of Hangzhou Jinguanjia, with an overall valuation not exceeding 560 million yuan, leading to the resumption of trading [1] - Apac Pharmaceutical is planning a change in company control, resulting in a trading suspension [1] - Zhonghuan Environmental Protection is also planning a change in company control, resulting in a trading suspension [1] Mergers and Acquisitions - Fuda Alloy plans to purchase 52.61% equity of Guangda Electronics for 352 million yuan [2] Investment Cooperation and Operational Status - Boqian New Materials has signed a cooperation agreement, estimating sales of nickel powder products between 4.3 billion to 5 billion yuan [3] - Foshan Plastic Technology is collaborating with Sinopec Hunan Petroleum and Chemical Co., Ltd. to establish a project company in Yueyang, Hunan Province, with a total planned investment of 3.469 billion yuan for a nylon film project [3] - Guanshi Technology plans to raise no more than 700 million yuan through a private placement for a photomask manufacturing project and to supplement working capital [4] - Century Hengtong intends to acquire 13% equity of Guizhou Qiantong Zhili Technology Co., Ltd. for 113 million yuan using self-owned or raised funds [4] - Ningbo Huaxiang's joint venture has obtained a technology license to develop and pilot PEEK materials [4] - Dongfang Communication plans to opportunistically sell 2.911 million shares of Changxin Bochuang, with an expected transaction amount of 318 million yuan [5] - Aerospace Engineering, as the general contractor, plans to sign a contract worth 2.392 billion yuan for a coal gasification project with Shaanxi Coal Group [5] - Zhiguang Electric's subsidiary has signed a procurement contract worth 164 million yuan with China Energy Construction Group [5] - Nanbo A plans to invest in a new photovoltaic glass production line project in Egypt, with a total planned investment of approximately 1.755 billion yuan [5] - Dongjie Intelligent's wholly-owned subsidiary has received a procurement order worth 107 million Malaysian Ringgit, approximately 180 million yuan [5] - Yachuang Electronics plans to acquire partial equity of Ouchuangxin and Yihainengda for a total of 317 million yuan to achieve full control [6] - Zhongchuang Zhiling intends to invest 5 billion yuan to build a new energy vehicle parts industrial base and R&D center [6]

Suspension and Resumption of Trading - Jiachuan Video may change control to Mao Guangfu and Li Li couple, stock resumes trading [1] - Heizhima plans to acquire 20% stake to become the controlling shareholder, stock resumes trading [1] - *ST Tianmao intends to voluntarily withdraw its A-share listing on the Shenzhen Stock Exchange, stock resumes trading [1] - Kaipu Cloud plans to acquire control of Jintaike or its storage business assets, stock suspended [1] Mergers and Acquisitions - Guangdong Hongda plans to acquire 60% stake in Changzhilin for 1.02 billion yuan to strengthen its defense equipment sector [2] - Tianyang Technology invests 3.06 million yuan to acquire 51% stake in Moshuzhijing, a leading AI company with clients including major banks [2] Investment Cooperation and Operational Status - Chunguang Technology plans to invest no more than 1 billion yuan to build a project with an annual production capacity of 8 million clean electrical appliances [3] Performance Changes - Industrial Fulian reported a net profit of 12.113 billion yuan in the first half, up 38.61%, with significant growth in server revenue [8] - Furi Electronics achieved a net profit of 22.0844 million yuan in the first half, turning a profit [8] - Shuangyi Technology reported a net profit of 99.87 million yuan, up 324.5%, driven by increased demand for wind power products [8] - Yanjing Beer reported a net profit of 1.103 billion yuan in the first half, up 45.45% [8]

■深交所ETF投资问答 事件驱动套利策略，是指利用公司或市场重大事件带来的价格波动进行套利。典型事件包括并购重组、 股权分置改革、成分股调入调出等。 具体操作步骤： （1）寻找即将发生的重大事件，判断事件对相关股票及ETF价格的影响。 （2）在事件前买入可能受益的股票或ETF，卖出可能承压的股票或ETF。 （3）事件发生后，标的价格如预期改变，则卖出买入资产。 （4）事件结束后，平仓套利头寸。 事件套利对重大事件的敏感度和预测能力要求高，需要对事件时间点和市场反应判断准确。另外，部分 事件可能扰动市场秩序，带来不确定性影响，投资者须控制风险。 ...

具体操作步骤： （1）寻找即将发生的重大事件，判断事件对相关股票及ETF价格的影响。 （2）在事件前买入可能受益的股票或ETF，卖出可能承压的股票或ETF。 第三种ETF套利策略： （3）事件发生后，标的价格如预期改变，则卖出买入资产。 （3）事件套利策略 事件驱动套利策略，是指利用公司或市场重大事件带来的价格波动进行套利。典型事件包括并购重组、 股权分置改革、成份股调入调出等。 事件套利对重大事件的敏感度和预测能力要求高，需要对事件时间点和市场反应判断准确。另外，部分 事件可能扰动市场秩序，带来不确定性影响，投资者需控制风险。 选自深圳证券交易所基金管理部编著的《深交所ETF投资问答》（中国财政经济出版社2024年版） （文章来源：证券日报） （4）事件结束后，平仓套利头寸。 ...

并购重组跟踪（十四） 证券研究报告 证券分析师：陈刚 执业证书编号：S0600523040001 邮箱：cheng@dwzq.com.cn 研究助理：孔思迈 执业证书编号：S0600124070019 邮箱：kongsm@dwzq.com.cn 2025年4月7日 注：本报告所涉及个股/公司仅代表与产业或交易热点有关联，所引述资讯/数据/观点仅以展示为目的，不构成投资建议，个股层面请参照东吴证券研究所各行业组所推荐标的。 目录 1、上周并购动态回顾 2、风险提示 2 注：本报告所涉及个股/公司仅代表与产业或交易热点有关联，所引述资讯/数据/观点仅以展示为目的，不构成投资建议，个股层面请参照东吴证券研究所各行业组所推荐标的。 1. 上周并购动态回顾 注：上周为3.31-4.6，（如无特殊说明）后文同 3 注：本报告所涉及个股/公司仅代表与产业或交易热点有关联，所引述资讯/数据/观点仅以展示为目的，不构成投资建议，个股层面请参照东吴证券研究所各行业组所推荐标的。 一：政策更新 ✓ 国务院国资委党委在《民主与法制》周刊上发表署名文章，强调对于生物医药等产业基础比较薄弱的领 域，鼓励国有企业运用并购重组、股权投资、产 ...