Core Viewpoint - Kaizhong Co., Ltd. plans to acquire 60% equity of Anhui Tuosheng Automotive Parts Co., Ltd. through a combination of issuing shares and cash payment, which may constitute a significant asset restructuring [1][3]. Group 1: Acquisition Details - The acquisition involves signing a "Letter of Intent" with nine counterparties, with the transaction price based on an asset evaluation report from a qualified institution [3]. - Kaizhong intends to raise funds from no more than 35 specific investors to finance the acquisition, with all proceeds allocated for the transaction [3]. - The transaction is still in the planning stage, requiring approval from the board, shareholders, and regulatory authorities before implementation [3]. Group 2: Strategic Importance - The acquisition is seen as a strategic move for Kaizhong to address intense industry competition and integrate its supply chain [5]. - Kaizhong's main business focuses on automotive chassis suspension damping components, with a leading technology level and a second-place market share in China [5]. - The company has experienced a slowdown in growth, with a revenue of 564 million yuan and a net profit of approximately 58.29 million yuan for the first three quarters of 2025, reflecting a year-on-year decline of 5.12% [5]. Group 3: Market Potential - The NVH (Noise, Vibration, and Harshness) damping and sealing sector presents broader development opportunities compared to Kaizhong's current market [6]. - Anhui Tuosheng has an annual output value exceeding 500 million yuan, specializing in rubber-based NVH damping and sealing components [7]. - The merger is expected to enhance Kaizhong's product line, allowing it to transition from a single component supplier to a comprehensive system service provider, thereby increasing customer value and negotiation power [8][9].

【导读】凯众股份拟收购安徽拓盛60%股权 同时，凯众股份拟向不超过35名特定投资者发行股份募集配套资金，募集资金将全部用于支付本次交易对价。 经初步测算，本次交易可能构成重大资产重组，但不会导致公司实际控制人发生变更，不构成重组上市。 公告显示，安徽拓盛成立于2013年，注册资本为3000万元，法定代表人为朱成。公司主要从事影响汽车NVH性能的橡胶基弹性体减震、密封元件的研 发、生产和销售。 凯众股份提示，截至目前，本次交易仍处于筹划阶段，交易各方尚未签署正式的交易协议，具体交易方案仍在商讨论证中，尚存在不确定性。本次交易 尚需提交公司董事会、股东会审议，并经有权监管机构批准后方可正式实施，最终能否通过审批尚存在不确定性。 战略性切入NVH赛道 此次拟收购安徽拓盛控制权，对凯众股份来说，应是其应对行业激烈竞争，在产业链整合的关键一步。 11月21日晚间，凯众股份（证券代码：603037）公告称，正在筹划以发行股份及支付现金的方式收购安徽拓盛汽车零部件股份有限公司（以下简称安徽 拓盛）60%股权，并向不超过35名特定投资者发行股份募集配套资金。 经初步测算，本次交易可能构成重大资产重组。公司股票及可转债将自11 ...

11月21日晚间，凯众股份公告，公司正在筹划重大资产重组事项，拟通过发行股份及支付现金方式收购安徽拓盛汽车零部件股份有限公司（简称"安 徽拓盛"）60%股权，并向不超过35名特定投资者发行股份募集配套资金，公司股票及可转债自11月24日开市起停牌，预计停牌不超过5个交易日。本 次交易构成重大资产重组，但不会导致公司实际控制人变更，亦不构成重组上市。 11月21日，凯众股份跌3.47%，收报13.08元/股，总市值35.06亿元。 拟收购安徽拓盛60%股权 公告称，凯众股份正筹划以发行股份及支付现金方式收购安徽拓盛汽车零部件股份有限公司60%股权，并向不超过35名特定投资者发行股份募集配 套资金，募集资金全部用于支付本次交易对价。 本次交易标的安徽拓盛成立于2013年4月，注册资本3000万元，核心业务聚焦影响汽车NVH（噪声、振动与声振粗糙度）性能的橡胶基弹性体减震、 密封元件的研发、生产和销售，经营范围涵盖汽车零部件制造、橡胶制品研发销售、货物及技术进出口等多个领域。 经初步测算，本次交易构成重大资产重组，但不会导致公司实际控制人变更，不构成重组上市。 强化核心竞争力 11月14日，凯众股份在最新的投资者关 ...

Core Viewpoint - Kaizhong Co., Ltd. plans to acquire control of Anhui Tuosheng Automotive Parts Co., Ltd., which is expected to constitute a major asset restructuring, leading to a suspension of its stock trading starting November 24, 2025 [1][4]. Group 1: Acquisition Details - The company announced on November 21 that it is planning to acquire a 60% stake in Anhui Tuosheng through a combination of issuing shares and cash payments [3]. - The transaction price will be based on an asset valuation report from a qualified assessment agency, with the final price to be negotiated among the parties involved [3]. - The agreement signed is a non-binding intention agreement, serving as a guideline for further negotiations and the signing of formal legal documents [3]. Group 2: Financial Performance - For the first three quarters of 2025, Kaizhong Co., Ltd. reported revenue of 564 million yuan and a net profit of 58.29 million yuan [4]. - As of November 21, the company's stock price was 13.08 yuan per share, with a total market capitalization of 3.506 billion yuan [4]. Group 3: Business Strategy - The company aims to steadily advance its core businesses in shock-absorbing components and pedal assemblies, enhancing its competitive advantages while adapting to industry trends and market demands [6]. - Kaizhong Co., Ltd. is focused on expanding its international business footprint, establishing overseas subsidiaries in Mexico, the United States, Germany, and Morocco, and setting up an office in Japan [7]. - The Mexican factory has received recognition from various domestic and international OEMs and Tier 1 customers, with projects for buffer blocks and pedals already in mass production [7].

格隆汇11月21日丨凯众股份(603037.SH)公布，公司正在筹划发行股份及支付现金的方式收购安徽拓盛 汽车零部件股份有限公司（简称"安徽拓盛"或"标的公司"）的控制权，并向不超过35名特定投资者发行 股份募集配套资金，募集资金全部用于支付本次交易对价，不存在补充流动资金的情形。经初步测算， 本次交易可能构成《上市公司重大资产重组管理办法》规定的重大资产重组；根据《上海证券交易所股 票上市规则》相关法规，本次交易不会导致公司实际控制人发生变更，不构成重组上市。公司股票（证 券简称：凯众股份，证券代码：603037）、可转债（转债简称：凯众转债，转债代码：113698）自2025 年11月24日（星期一）开市起开始停牌，预计停牌时间不超过5个交易日。标的公司主要从事影响汽车 NVH性能的橡胶基弹性体减震、密封元件的研发、生产和销售。 ...

Core Viewpoint - Kaizhong Co., Ltd. is planning to acquire control of Anhui Tuosheng Automotive Parts Co., Ltd. through a combination of issuing shares and cash payment, with the fundraising aimed solely at covering the transaction price [1][3] Group 1: Company Overview - Kaizhong Co., Ltd. specializes in advanced shock absorption system materials and product design, manufacturing automotive suspension system components, pedal assemblies, and high-performance polyurethane load-bearing wheels [2] - Major clients include domestic automotive manufacturers such as SAIC Volkswagen and FAW Volkswagen, as well as international brands like General Motors, Ford, Porsche, Mazda, and Suzuki [2] Group 2: Transaction Details - The acquisition involves purchasing 60% of Anhui Tuosheng's equity, which focuses on the research, production, and sales of rubber-based elastic damping and sealing components that affect automotive NVH (Noise, Vibration, Harshness) performance [3][4] - The transaction is currently in the planning stage, and the company has applied for a trading suspension to ensure fair information disclosure and protect investor interests, with the suspension expected to last no more than five trading days [3][4] Group 3: Financial Aspects - The funds raised from issuing shares to no more than 35 specific investors will be entirely used for the transaction price, with no intention of supplementing working capital [1] - The transaction may constitute a significant asset restructuring as defined by the relevant regulations [1]

北京商报讯（记者 马换换 王蔓蕾）11月21日晚间，凯众股份（603037）披露公告称，公司正在筹划发 行股份及支付现金的方式收购安徽拓盛汽车零部件股份有限公司（以下简称"安徽拓盛"）的控制权，并 向不超过35名特定投资者发行股份募集配套资金。公司股票自11月24日起开始停牌，预计停牌时间不超 过5个交易日。 公告显示，安徽拓盛主要从事影响汽车NVH性能的橡胶基弹性体减震、密封元件的研发、生产和销 售。本次募集资金全部用于支付本次交易对价，不存在补充流动资金的情形。经初步测算，本次交易可 能构成《上市公司重大资产重组管理办法》规定的重大资产重组；本次交易不会导致凯众股份实际控制 人发生变更，不构成重组上市。 ...