Group 1 - The core point of the article is that Haichang New Materials plans to acquire a 51% stake in Shenzhen Xinwei Communication Technology Co., Ltd. for 255 million yuan to expand into the satellite communication sector [1][2][3] - The acquisition is a cross-industry restructuring, with Xinwei Communication specializing in GNSS antenna positioning and related components, while Haichang New Materials focuses on powder metallurgy products [3][4] - The acquisition aims to create a new profit growth point for Haichang New Materials and enhance its profitability and sustainability by integrating satellite positioning technology with its existing products [3][4] Group 2 - The performance commitment from the sellers includes a total net profit of no less than 120 million yuan during the commitment period from 2025 to 2027 [6] - Xinwei Communication's audited financials for 2024 show total assets of approximately 80.30 million yuan, total liabilities of about 35.62 million yuan, and a net profit of approximately 30.37 million yuan [6] - Haichang New Materials reported a revenue of approximately 138 million yuan for the first half of 2025, a year-on-year decrease of 4.75%, with a net profit of about 30.74 million yuan, a slight increase of 0.14% [5][6] Group 3 - The satellite positioning and communication industry, particularly the GNSS antenna sector, has been experiencing rapid growth due to technological upgrades, market expansion, and policy support [4] - On September 19, Haichang New Materials' stock fell by 5.07%, closing at 25.85 yuan per share, with a total market value of 6.415 billion yuan [7]