Core Viewpoint - The company Suzhou Planning intends to acquire 80% of the equity of Kunshan Architectural Design Institute through a public bidding process, which is expected to enhance its market position and operational capabilities [1][2]. Company Summary - Suzhou Planning announced the acquisition of 80% equity in Kunshan Architectural Design, with an estimated valuation of approximately 665.38 million yuan for the stake [1]. - Kunshan Architectural Design, established in 1992, has a registered capital of nearly 10 million yuan and core business areas that include architectural design, technical consulting, and project supervision, aligning closely with Suzhou Planning's main operations [2]. - As of April 30, 2025, Kunshan Architectural Design reported total assets of 883.67 million yuan and owner equity of 740.79 million yuan, with revenues of 340.29 million yuan and 1,216.03 million yuan for the fiscal years 2024 and the first four months of 2025, respectively [2]. Industry Summary - The acquisition is seen as a strategic move to fill market gaps efficiently, leveraging Kunshan Architectural Design's local resources and business channels to enhance Suzhou Planning's market penetration in the rapidly growing construction and engineering services sector in Kunshan [3]. - The transaction is expected to create a "design-supervision-agency" business loop, enhancing the overall service value to clients and breaking the limitations of single design services [3]. - The industry is shifting from pure technical competition to resource integration and regional deepening capabilities, making this acquisition a timely response to the changing competitive landscape [4].

Group 1 - The latest stock price of Zhongshe Co., Ltd. is 12.41 yuan, with an increase of 0.24% compared to the previous trading day [1] - The stock reached a maximum of 12.44 yuan and a minimum of 12.27 yuan during the trading session, with a total trading volume of 77,451 hands and a transaction amount of 0.96 billion yuan [1] - Zhongshe Co., Ltd. operates in the engineering consulting services industry, providing comprehensive engineering consulting services including architectural design, project supervision, and engineering consulting [1] Group 2 - As of August 8, 2025, the total number of shareholders for Zhongshe Co., Ltd. is 29,267, indicating a change in the investor structure [1] - On August 19, the net inflow of main funds was 2.4452 million yuan, accounting for 0.15% of the circulating market value [1] - Over the past five trading days, the cumulative net outflow of main funds was 2.0996 million yuan, representing 0.13% of the circulating market value [1]