Group 1 - The core viewpoint of the news is that Shenke Co., Ltd. experienced a significant drop in stock price, closing at 15.26 yuan per share, with a trading volume of 78.446 million yuan and a turnover rate of 3.35%, resulting in a total market capitalization of 2.289 billion yuan [1] - Shenke Co., Ltd. specializes in the research, production, and sales of thick-walled sliding bearings and components, with its main business revenue composition including bearing components (32.76%), 1000MW/600MW/300MW bearing series (14.01%), and DQY end-cap sliding bearing series (13.61%) [1] - The company was established on December 5, 1996, and went public on November 22, 2011 [1] Group 2 - Among the top ten circulating shareholders of Shenke Co., Ltd., CITIC Prudential Fund's multi-strategy mixed fund (LOF) A (165531) entered the list in the second quarter, holding 828,100 shares, which accounts for 0.55% of the circulating shares [2] - The fund has a current scale of 1.245 billion yuan and has achieved a year-to-date return of 37.87%, ranking 1682 out of 8184 in its category [2] - The fund manager, Jiang Feng, has a tenure of 5 years and 143 days, with a total asset scale of 5.782 billion yuan, achieving a best return of 112.87% during his tenure [3]

Group 1 - The core point of the news is that Shenkai Co., Ltd. (申科股份) is likely to change ownership to state-owned assets through a public bidding process by Shenzhen Huili Hongsheng Industrial Holdings, which plans to acquire 41.89% of the company's shares for approximately 1.013 billion yuan [1][2] - Shenzhen Huili's acquisition will trigger a mandatory general offer to other shareholders, with an offer price of 16.13 yuan per share for about 86.58 million shares, requiring a total funding of approximately 1.397 billion yuan [2] - The actual controller of Shenzhen Huili is the state-owned assets of Zaozhuang City, and the acquisition has received approval from the state-owned assets regulatory department [2] Group 2 - Shenkai Co., Ltd. has faced poor performance over the past decade, with significant financial struggles, including a revenue of 324 million yuan in 2024, a year-on-year increase of 18.7%, but a net profit of only 6.86 million yuan [3] - In the first quarter of 2025, the company reported a revenue of 70.9 million yuan, a year-on-year increase of 2.14%, with a net profit of only 860,300 yuan, reflecting a 15.41% year-on-year growth [3] - The company has previously attempted to transfer control multiple times, with the most recent attempt in May 2022, which was ultimately unsuccessful [2][3]

Core Viewpoint - Shenkai Co., Ltd. is undergoing a significant ownership change, with Shenzhen Huili Hongsheng Industry Holding Enterprise planning to acquire a 41.89% stake for approximately 1.013 billion yuan, triggering a mandatory tender offer at a price of 16.13 yuan per share [1][2][4]. Group 1: Ownership Change Details - Shenzhen Huili was confirmed as a potential buyer for Shenkai's shares just three days after its establishment on May 26, 2025 [3]. - The acquisition involves a total of approximately 86.58 million shares, with a maximum funding requirement of 1.397 billion yuan for the tender offer [1][2]. - The transfer of shares is subject to regulatory approvals, including a review by the anti-monopoly authority and compliance checks by the Shenzhen Stock Exchange [3]. Group 2: Historical Context - Shenkai has experienced six years of losses over the past decade, with a net profit of only 6.8642 million yuan in 2024 [5]. - The company's major shareholder, He Quanbo, has attempted to sell control multiple times since October 2020, but previous attempts have failed [5]. - If the current acquisition proceeds, it will mark the exit of He Quanbo and his son from the company, with state-owned assets from Zaozhuang City taking control [4][5].

Core Viewpoint - Shinko Co., Ltd. is in the process of transferring control through a public solicitation for the sale of shares held by its major shareholders, with a total of 41.89% of the company's equity being offered for sale [1][2]. Group 1: Share Transfer Details - The controlling shareholder, He Quanbo, and the second-largest shareholder, Beijing Huachuang Yisheng Asset Management Center, are jointly seeking buyers for their total holdings of 41.89% of the company's shares, with He Quanbo offering 28.12% and Beijing Huachuang offering 13.76% [1][2]. - The public solicitation period for potential buyers is set from November 13, 2024, to December 10, 2024, with a minimum price of 9.73 yuan per share [2]. - Two interested buyers have emerged, one being a consortium including Huari Century Holdings Group Co., Ltd., and the other being Shenzhen Huili Hongsheng Industrial Holdings [1][2]. Group 2: Historical Context - Since 2020, He Quanbo has attempted to transfer control of Shinko Co., Ltd. on two occasions, both of which were ultimately unsuccessful [3]. - Previous attempts included a plan in October 2020 to transfer shares to Beijing Zhongnanshan Investment Holdings and Tibet Huize Hongtu Trading Co., Ltd., which was later terminated [3]. - In May 2022, another attempt was made to transfer shares to the same entities, but it also did not materialize as planned [3]. Group 3: Company Overview - Shinko Co., Ltd. is headquartered in Zhuji, Zhejiang, and specializes in the research, development, production, and sales of thick-walled sliding bearings and related components [4].