Core Viewpoint - Hengwei Technology (603496.SH) resumed trading with a price increase of 10.02%, reaching 35.48 yuan, and a total market capitalization of 11.361 billion yuan, following the announcement of a plan to acquire 75% of Shanghai Shuhang Information Technology Co., Ltd. through a combination of share issuance and cash payment [1][2]. Group 1: Acquisition Details - The acquisition involves issuing shares at a price of 25.00 yuan per share, with the final transaction price to be determined based on an audit and evaluation report [2]. - The company plans to raise funds through a private placement to no more than 35 specific investors, with the total amount not exceeding 100% of the asset purchase price [2][3]. - The raised funds will be used for cash consideration, related taxes, intermediary fees, project construction, and to supplement working capital or repay debts, with specific limits on the proportions allocated for these purposes [3]. Group 2: Financial Performance of Target Company - The target company, Shuhang Technology, reported total revenues of 104.92 million yuan, 148.32 million yuan, and 143.00 million yuan for the years 2023, 2024, and the first eight months of 2025, respectively [6][7]. - Net profits for the same periods were 17.20 million yuan, 22.53 million yuan, and 17.87 million yuan, indicating a stable revenue stream [6][7]. Group 3: Hengwei Technology's Recent Financial Performance - Hengwei Technology's revenue for 2024 was 1.117 billion yuan, a year-on-year increase of 44.83%, while net profit decreased by 65.92% to 27 million yuan [8][9]. - In the first half of 2025, the company reported a revenue of 488.40 million yuan, a decline of 23.19%, with net profit dropping by 75.16% to 1.78 million yuan [10].

Core Points - The Beijing Stock Exchange has decided to terminate the review of Hubei Chuda Intelligent Equipment Co., Ltd.'s application for public stock issuance and listing [1][2] - Chuda Intelligent submitted a request to withdraw its application for public stock issuance to unspecified qualified investors [2] - The company is recognized as a national high-tech enterprise and a national-level specialized and innovative "little giant" enterprise [2] Company Overview - Chuda Intelligent provides key equipment and intelligent system solutions for glass packaging container and glass product manufacturing [2] - The controlling shareholder and actual controller of the company is Deng Jiahui, who holds 49.4717% of the shares directly and controls a total of 64.9946% of the shares [2] Stock Issuance Details - The company originally planned to issue up to 10.285714 million shares, with a public shareholder ownership ratio of no less than 25% post-issuance [3] - The intended fundraising amount was 21.49729 million yuan for the construction of an intelligent equipment production base and an intelligent equipment R&D center [3][4] Investment Projects - The total investment for the intelligent equipment production base construction project is 157.7359 million yuan, with the entire amount intended to be funded by the raised capital [4] - The intelligent equipment R&D center construction project has a total investment of 57.2370 million yuan, also fully funded by the raised capital [4]