10月29日晚间，华立股份发布公告称，公司拟以现金方式收购北京中科汇联科技股份有限公司（以下简称中科汇联）51%的股份，从而加速数字化转型， 形成新的利润增长点。 披露标的公司剩余49%股份收购计划 公告显示，华立股份拟与中科汇联的股东游世学、北京中科汇合控股有限公司、北京合和汇科技中心（有限合伙）、罗敏、华纳沣佳企业管理（北京）合 伙企业（有限合伙）、周瑞香、嘉兴君宁股权投资基金合伙企业（有限合伙）、张成方、北京财富华纳投资有限公司、游利芳、李建成、于韶光、黄趁 速、芜湖市中太银信股权投资合伙企业（有限合伙）、张燕芝（以下合称现有股东）签署意向性协议。 据悉，中科汇联在政务领域，已经构建了经国家网信办算法备案的"慧政大模型生成合成算法"垂类大模型。 截至10月29日收盘，华立股份股价报23.07元/股，涨幅达10.01%，总市值为61.98亿元。 | 序号 | 股东名称 | 认缴金额(万 | 实缴会额 | 持股比例 | | --- | --- | --- | --- | --- | | | | 元) | (万元) | (%) | | 13 | 于韶光 | 75.9494 | 75.9494 | 1.2658 ...

Group 1 - Huali Co., Ltd. plans to acquire 51% of Beijing Zhongke Huilian Technology Co., Ltd. to accelerate digital transformation and create new profit growth points [1][10] - The acquisition will be funded through self-owned or raised funds, with specific share transfer ratios to be determined upon signing the formal share transfer agreement [5][8] - The remaining 49% of Zhongke Huilian's shares will be considered for acquisition after the completion of the 51% stake, contingent on performance commitments for the fiscal years 2025 to 2027 [8][9] Group 2 - Huali Co., Ltd. reported a revenue of 533.22 million yuan for the first half of 2025, representing a year-on-year increase of 40.05%, while net profit attributable to shareholders decreased by 1.49% to 18.11 million yuan [11][13] - Zhongke Huilian, established in 1999, specializes in intelligent interaction and decision-making software, with applications in various sectors including smart governance and finance [11] - The acquisition is expected to enhance Huali's digital capabilities and business scale, contributing to its overall growth strategy [10][11]

Core Viewpoint - Huali Co., Ltd. plans to acquire 51% of Beijing Zhongke Huilian Technology Co., Ltd. to accelerate its digital transformation and create new profit growth points [2][15]. Group 1: Acquisition Details - The acquisition will be conducted through cash payment using self-owned or raised funds, with specific share transfer ratios to be determined upon signing the formal share transfer agreement [10][8]. - The remaining 49% of Zhongke Huilian's shares will be acquired based on the completion of performance commitments for the fiscal year 2025, within 12 to 18 months after the initial transaction [13][14]. - The valuation of the remaining shares will not be lower than the current valuation and will be determined based on future assessments [14]. Group 2: Financial Performance - For the first half of 2025, Huali Co., Ltd. reported revenue of 533.22 million yuan, a year-on-year increase of 40.05%, while the net profit attributable to shareholders decreased by 1.49% to 18.11 million yuan [18]. - The company’s net profit after excluding non-recurring items increased by 64.15% to 16.51 million yuan [18]. Group 3: Zhongke Huilian's Business Overview - Zhongke Huilian, established in 1999, specializes in intelligent interaction and decision-making software, with applications in various sectors including smart governance, finance, and education [16]. - The company has developed a large model for governance, which is registered with the National Cyberspace Administration, and offers a range of products such as intelligent asset management platforms and content management systems [16].

Core Viewpoint - The stock price of Huali Co., Ltd. (603038.SH) has risen, yet major shareholder Xie Shaozhuang has reduced her holdings, indicating potential concerns about the company's long-term performance and shareholder confidence [1][3][9]. Shareholder Actions - Xie Shaozhuang reduced her stake by 3% from October 13 to October 20, cashing out approximately 146 million yuan [1][5]. - This reduction follows a history of multiple share reductions by Xie Shaozhuang and her husband, who remain significant shareholders with a combined 13.93% stake [1][3][6]. - Xie Zhikun, Xie Shaozhuang's brother and the company's executive president, also holds 3.82% of the shares and has previously engaged in share reductions [2][4]. Financial Performance - Huali Co., Ltd. reported a 40% increase in revenue for the first half of 2025, totaling 533 million yuan, but the net profit decreased by 1.49% to 18.11 million yuan, indicating a disconnect between revenue growth and profitability [3][12]. - Historical data shows that from 2020 to 2024, the company's revenue and net profit have fluctuated, with overall performance stagnating [11][12]. Company Background - Established in 1995, Huali Co., Ltd. focuses on the research, design, production, and sales of decorative composite materials, evolving into a comprehensive holding company with various business segments [10]. - The company has faced challenges in maintaining consistent profitability, with net profits showing significant volatility since its peak in 2016 [11][12].