Group 1 - Cixing Co., Ltd. (300307.SZ) announced plans to acquire Shenyang Shunyi through a combination of issuing shares and cash payments, following the termination of a previous acquisition of Wuhan Minsong three months prior [1][4] - The trading of Cixing's shares will be suspended starting May 20, with a plan to disclose the transaction details within 10 trading days, expected to resume trading on June 4 [1] - Shenyang Shunyi recently disclosed its IPO progress, with Changjiang Securities assisting in meeting the requirements for its public offering [1][2] Group 2 - The decision for Shenyang Shunyi to seek acquisition instead of pursuing an IPO is influenced by the uncertainty of the IPO process and the pressure for investors to exit, leading to a preference for mergers and acquisitions [3] - Recent policy changes have increased IPO thresholds while encouraging mergers and acquisitions, making the latter a more viable exit strategy [3] - Cixing's previous acquisition attempt of Wuhan Minsong was unsuccessful due to a lack of agreement on specific terms, which may have prompted the current acquisition strategy [4] Group 3 - Cixing operates in the intelligent knitting machinery sector, while Shenyang Shunyi focuses on high-tech intelligent control technologies, indicating a significant difference in their business areas [4] - As of May 19, Cixing's stock price was 8.99 yuan per share, with a total market capitalization of 7.14 billion yuan [6]