Core Viewpoint - The acquisition of Beijing Silin Semiconductor Technology Co., Ltd. by Tongye Technology is a cross-industry merger, with a transaction price of 561 million yuan, despite Silin's current loss status and a high valuation premium of nearly four times its book value [1][3]. Group 1: Acquisition Details - Tongye Technology plans to acquire 91.69% of Silin for 561 million yuan, making Silin a subsidiary [1]. - The controlling shareholders of Tongye will transfer 6% of their shares to Silin's actual controller for a total of 188 million yuan [1]. - Silin has committed to achieving a cumulative net profit of no less than 175 million yuan from 2026 to 2028, with cash compensation required if this target is not met [4]. Group 2: Financial Performance of Silin - Silin's projected revenues for 2023 and 2024 are 259 million yuan and 277 million yuan, respectively, with net profits of 27.71 million yuan and 20.32 million yuan [2]. - However, in the first seven months of 2025, Silin reported a revenue of 125 million yuan but incurred a net loss of 3.25 million yuan [2]. Group 3: Valuation and Adjustments - The valuation of Silin's total equity is set at 612 million yuan, reflecting a 387.41% increase over its book value of 126 million yuan [3]. - The acquisition scale was reduced from 100% to 91.69% after negotiations, and the valuation was adjusted down from 670 million yuan to 612 million yuan [4]. Group 4: Financial Implications for Tongye - Tongye's cash and cash equivalents amount to 200 million yuan, indicating a funding gap for the 561 million yuan acquisition [6]. - Post-acquisition, Tongye's debt ratio is expected to rise from 37.53% to 66.95% [6]. Group 5: Strategic Rationale - The acquisition allows Tongye to enter the high-growth market of power IoT chips, which is supported by government policies and has strong technical barriers [6]. - There is potential for business synergy, as both companies serve similar large state-owned enterprises, allowing for integrated marketing and resource sharing [7].

Core Viewpoint - The company, Jiaokong Technology, has been selected as the first candidate for the procurement project of the signal system for the M101 line of rail transit, with a proposed bid amount of 291 million yuan [1] Group 1 - The electronic trading platform for bidding and tendering of electromechanical products published the evaluation results for the procurement project on December 24, 2025 [1] - The public announcement period for the bid results was from December 24, 2025, to December 29, 2025 [1] - The project includes the integration of UPS power supply and platform door systems [1]

Core Viewpoint - The company, Jiaokong Technology (688015.SH), has been selected as the first candidate for the procurement project of the signal system for the M101 line of rail transit, with a proposed bid amount of 291 million yuan [1] Group 1 - The electronic trading platform for bidding and tendering of electromechanical products published the evaluation results for the procurement project on December 24, 2025 [1] - The public announcement period for the bid results was from December 24, 2025, to December 29, 2025 [1] - The project includes the integration of UPS power supply and platform door systems [1]

Core Viewpoint - The company has been selected as the first candidate for the procurement project of the signal system for the M101 line phase I of the rail transit, with a proposed bid amount of 291 million yuan [1] Group 1: Project Details - The project includes the integration of UPS power supply and platform door systems [1] - The contracting party is Beijing Rail Transit Construction Management Co., Ltd., a wholly-owned subsidiary of Beijing Infrastructure Investment Co., Ltd., which holds more than 5% of the company's shares [1] - The project is expected to commence operations in December 2027, with a warranty period of 2 years [1] Group 2: Financial Transactions - In 2025 and 2023, the company had sales-related transactions with the contracting party amounting to 11.386 million yuan and 160,500 yuan, respectively [1] - The contract will take effect once all parties sign and seal it, and the buyer receives the performance bond [1] Group 3: Uncertainties - The company has not yet received the formal bid notification or signed the contract, indicating uncertainties regarding the project [1]

备受市场关注的通业科技跨界并购芯片设计公司思凌科一事，近日迎来关键进展。 通业科技发布公告称，拟通过现金方式以5.61亿元购买思凌科公司91.69%股权后对其形成控制；与此同 时，由思凌科原大股东黄强及思凌科其他核心成员组成的持股平台思凌企管拟以协议转让方式购买通业 科技大股东、实控人徐建英、谢玮等持有的6.00%通业科技股份。 在这场跨界收购中，一家轨道交通电气设备制造商，将正式切入电力物联网通信芯片赛道。这笔交易不 仅是通业科技业务线的延伸，更明确了其在轨交设备之上布局"第二增长曲线"的战略意图。 交易方案"精细打磨"，更务实、更可持续 相较于8月份公告，本次方案在多个关键环节作出了调整。 估值调整：鉴于审计前后的思凌科财务数据存在小幅差异，思凌科100%股权的估值由不超过6.7亿元调 整为6.12亿元。估值调整后，通业科技需要实际支付的交易对价也会相应减少，公司的资金压力能够一 定程度减轻。 与此同时，方案调整后，通业科技实控人拟协议转让的股份比例、收到的转让价款也将有所降低。并 且，该交易完成后，实控人直接间接合计仍将持有通业科技超68%的股份比例，实控地位依然稳固，能 够充分消除此前市场对于实控人变 ...

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 又有A股公司，拟通过并购的方式跨界进入芯片领域！ 12月28日晚间，通业科技（300960）披露重组报告书（草案），公司拟以5.61亿元的价格收购思凌科 91.69%股份，后者主要从事电力物联网通信芯片及相关产品的研发、设计与销售。此次交易构成重大 资产重组，不构成重组上市。 同时，通业科技的控股股东、实际控制人及其一致行动人，拟向思凌科实际控制人控制的企业转让公司 6%股份，每股转让价格21.67元，转让总价款为1.88亿元。 二级市场上，通业科技最新股价报26.55元/股，总市值为38亿元。 重大资产重组 通业科技12月28日晚间公告，公司拟以支付现金方式，向黄强等22名交易对方购买其持有的北京思凌科 半导体技术有限公司（简称"思凌科"）91.69%股权，交易价格为5.61亿元。本次交易完成后，上市公司 将直接持有思凌科91.69%股权，思凌科将成为上市公司的控股子公司。 根据此前披露的公告，通业科技原本拟收购思凌科100%的股权。自相关提示性公告披露以来，经公司 与交易对方多次沟通协商并结合相关方的最终意愿，决定将此次重大资产重组的收购比 ...

又有A股公司，拟通过并购的方式跨界进入芯片领域！ 12月28日晚间，通业科技（300960）披露重组报告书（草案），公司拟以5.61亿元的价格收购思凌科91.69%股 份，后者主要从事电力物联网通信芯片及相关产品的研发、设计与销售。此次交易构成重大资产重组，不构成 重组上市。 同时，通业科技的控股股东、实际控制人及其一致行动人，拟向思凌科实际控制人控制的企业转让公司6%股 份，每股转让价格21.67元，转让总价款为1.88亿元。 二级市场上，通业科技最新股价报26.55元/股，总市值为38亿元。 重大资产重组 通业科技12月28日晚间公告，公司拟以支付现金方式，向黄强等22名交易对方购买其持有的北京思凌科半导体 技术有限公司（简称"思凌科"）91.69%股权，交易价格为5.61亿元。本次交易完成后，上市公司将直接持有思 凌科91.69%股权，思凌科将成为上市公司的控股子公司。 根据此前披露的公告，通业科技原本拟收购思凌科100%的股权。自相关提示性公告披露以来，经公司与交易 对方多次沟通协商并结合相关方的最终意愿，决定将此次重大资产重组的收购比例由100%调整为91.69%。财 务数据显示，2023年—202 ...

每经头条（nbdtoutiao）——对话马斯克脑机接口"一号受试者"：大脑植入芯片23个月，我正重新夺回 人生的独立 （记者 贾运可） 截至发稿，威奥股份市值为30亿元。 每经AI快讯，威奥股份（SH 605001，收盘价：7.54元）12月26日晚间发布公告称，近日，孙继龙先生 与齐鲁银行股份有限公司青岛分行办理完毕股份解除质押业务，此次解除质押350万股。公司于2025年 12月26日获悉公司股东孙继龙先生所持有本公司的部分股份被质押，此次质押350万股。 2024年1至12月份，威奥股份的营业收入构成为：轨道交通设备及其延伸产业占比86.91%，新能源汽车 配套行业占比7.89%，智能消费设备制造行业占比3.79%，其他业务占比1.42%。 ...

截至发稿，世纪瑞尔市值为31亿元。 每经AI快讯，世纪瑞尔（SZ 300150，收盘价：5.36元）12月25日晚间发布公告称，公司第九届第五次 董事会会议于2025年12月25日在公司会议室以现场及通讯方式召开。会议审议了《关于申请银行综合授 信的议案》等文件。 2025年1至6月份，世纪瑞尔的营业收入构成为：铁路行业占比64.77%，城市轨道交通行业占比 34.84%，其他行业占比0.39%。 每经头条（nbdtoutiao）——微信聊天遭老板监视，杀毒软件"失明"，员工隐私被系统性采集！软件商 公开售卖"监控神器"，称已服务多家企业 （记者 王晓波） ...

Core Viewpoint - The issuance of securities by Tangyuan Electric (300789) has been approved by the Shenzhen Stock Exchange, allowing the company to raise funds through a targeted issuance to specific investors [1][2]. Group 1: Issuance Details - The targeted issuance will involve no more than 35 entities, including various types of institutional and individual investors, with subscriptions made in cash at a uniform price [1]. - The pricing for the issuance will be based on 80% of the average trading price over the 20 trading days prior to the pricing date [1]. - The total number of shares to be issued will not exceed 30% of the total share capital before the issuance, amounting to a maximum of 43.116 million shares [1]. Group 2: Fund Utilization - The total amount to be raised from this issuance is capped at RMB 806.2358 million, which will be allocated to projects including the development and industrialization of intelligent operation and maintenance robots for rail transit, AI model development, marketing and technical service upgrades, and to supplement working capital [2]. Group 3: Shareholding Structure - As of the date of the fundraising document, the controlling shareholder, Zhou Yan, holds 36.16% of the company’s shares, and after the issuance, her stake will decrease to 27.82%, but she will remain the controlling shareholder [3]. - The overall shareholding of Zhou Yan and her concerted parties will reduce to 40.38% post-issuance, ensuring that the control of the company remains unchanged [3]. Group 4: Sponsorship - The underwriting for this issuance is being handled by CITIC Securities Co., Ltd., with representatives Yang Jiaqi and Guo Hao overseeing the process [4].