不到半个月时间，梦天家居（603216.SH）跨界、易主均告吹。类似的情况，在近期的A股市场并不少 见。 根据11月18日晚的公告，梦天家居终止筹划发行股份及支付现金的方式购买芯片资产，同时实控人终止 筹划控制权转让事项。就在同日，该公司宣告控股股东及一致行动人转让了6.86%股份，每股溢价 11.21%，套现2.67亿元。11月19日，该公司股价一字涨停。 根据公告，梦天家居控股股东浙江梦天控股有限公司（下称"梦天控股"）及其一致行动人嘉兴梦家投资 管理合伙企业(有限合伙)、实际控制人余静渊、范小珍夫妇，与嘉兴汇芯企业管理合伙企业(有限合伙) （下称"嘉兴汇芯"）及其实际控制人曹勇签订了股份转让协议。 转让方合计向受让方转让梦天家居1528.45万股，占比6.8636%。这次股权转让为溢价交易，每股转让价 格为17.4592元，相较梦天家居停牌前的15.70元，溢价11.21%，总转让价格约2.67亿元。 此次权益变动完成后，梦天控股及其一致行动人合计持有上市公司股份约1.51亿股，占上市公司总股本 的67.68%。上市公司控股股东仍为梦天控股，实际控制人为余静渊、范小珍。 受让方嘉兴汇芯受到市场关注。根据 ...

2025年6月，川土微召开股改创立大会，完成股份制改制，此举也被视为其迈向IPO的重要准备。 尽管本次与梦天家居重组失败，曲线冲A折戟，但川土微独立IPO之路得以重启。 对于本次重组终止的原因，梦天家居则解释，主要由于涉及事项较多，交易各方就核心条款经多次协商 和谈判后，仍未达成共识。 长江商报奔腾新闻记者 徐佳 筹划数日，梦天家居（603216.SH）跨界重组芯片公司告吹。 11月18日晚间，梦天家居公告称，公司终止筹划发行股份及支付现金的方式购买资产，同时实控人终止 筹划控制权转让事项。 此前，梦天家居因筹划通过发行股份及支付现金的方式收购上海川土微电子股份有限公司（以下简 称"川土微"）控制权，并募集配套资金，同时实控人余静渊正在筹划控制权转让事项，公司于11月6日 起停牌。 长江商报奔腾新闻记者注意到，宣布与梦天家居重组之前，川土微曾多次被传将要独立IPO。 据川土微官网披露，公司成立于2016年，是专注高端模拟芯片研发设计与销售的高科技公司，产品涵盖 隔离与接口、驱动与电源、高性能模拟三大产品线以及μMiC战略产品（micro-Module in Chip），目前 产品已广泛应用于工业控制、电源能源 ...

不过，公告发出未及两周，梦天家居的两项重大计划均按下停止键。 11月18日晚间，梦天家居公告称，在停牌期间，公司就筹划发行股份及支付现金购买资产事项、实控人 就筹划控制权变更事项进行了充分探讨，但由于涉及事项较多，交易各方就核心条款经多次协商和谈判 后，仍未达成共识，经慎重考虑并友好协商，各方决定终止筹划前述事项。 拟收购川土微未果 梦天家居于2021年上市，主要从事木门、墙板、柜类等定制化木质家具的设计、研发、生产和销售， 以"梦天"品牌木门产品为外界所熟知。 因交易各方"没谈拢"，梦天家居筹划控制权转让、定增收购芯片公司的计划告吹。 11月5日晚间，梦天家居公告称正筹划通过发行股份及支付现金的方式收购上海川土微电子股份有限公 司（以下简称川土微）的控制权，并募集配套资金。同时公司还收到实控人余静渊的通知，实控人正在 筹划控制权转让事项。 今年前三季度，梦天家居实现营收7.73亿元，同比下降2.93%，实现归母净利润5630.31万元，同比增长 37.60%；第三季度实现营业收入2.89亿元，同比下降4.13%，归母净利润为2106.82万元，同比上升 31.22%。 公司在公告中强调，实控人筹划控制权转让 ...

每经编辑｜许绍航 11月18日，梦天家居发布公告，公司终止筹划发行股份及支付现金的方式购买资产，同时实控人终止筹划控制权转让事项。同时，公司股票将于11月19日 上午开市起复牌。 图：公告原文 | | | 图：终止收购公告 梦天家居原本筹划跨界购买芯片资产。根据彼时公告，公司筹划通过发行股份及支付现金的方式收购上海川土微电子股份有限公司（以下简称"川土微"） 控制权，同时，公司还筹划公司控制权转让。 据悉，梦天家居欲购买的川土微成立于2016年，主营高端模拟芯片研发设计与销售。该公司曾在2017年进行了Pre-A轮融资，并分别于2019年、2021年和 2022年获得A轮、B轮和C轮融资，2023年，川土微进行了C+轮融资，引入了比亚迪、上汽集团等汽车产业资本。 尽管并未披露具体业绩，但据川土微官网披露的消息，2022上半年，公司曾实现产值和利润的逆势增长，其中营收同比增长251%，净利润同比增长 641%。 值得注意的是，川土微曾多次传出独立上市消息。今年6月，川土微召开了股改创立大会，此举被解读为"迈出了向IPO的重要一步"，2025年7月，公司从 其他有限责任公司变更为股份有限公司，正式完成股改。随着梦 ...

【导读】 梦天家居 终止筹划收购川土微电子控制权和控制权转让事项 中国基金报记者 夏天 同时，梦天家居实控人筹划的控制权转让事项也宣告终止，但其仍计划转让部分股权。同日 晚间，梦天家居公告称，控股股东梦天控股及其一致行动人梦家投资拟向嘉兴汇芯企业管理 合伙企业（有限合伙）转让 6.8636% 股权。 停牌十余天后， 梦 天家 居（证券代码： 6 0321 6 ）筹划的重大资产重组事项 和 控 制 权 转让事项双双宣告终止。 11 月 18 日晚间， 梦天家居 公告称，因交易各方就核心条款未达成共识，决定 终 止筹 划 以发行股份及支付现金方式收购 上 海 川土微电子 股份有限公司（以下简称 川 土微电 子） 控股权， 并 终 止 实控人余静渊 筹 划的控制权转让事项 。 公司股票将于 11 月 19 日复 牌。 川 土微电 子是一家专注于高端模拟芯片研发设计与销售的企业，刚在今年 7 月份完成股 改，还曾传出独立上市的计划。 此 次 重大资产筹划事 项 终止，意味着梦天家居 试图通过 跨界芯片领域以扭转主业颓势的短期战略受挫。 跨界芯片计划折戟 梦天家居本次筹划的重大资产重组事项始于 11 月 5 日。当日晚 ...

【导读】梦天家居终止筹划收购川土微电子控制权和控制权转让事项 停牌十余天后，梦天家居（603216）（证券代码：603216）筹划的重大资产重组事项和控制权转让事项双双宣告终止。 11月18日晚间，梦天家居公告称，因交易各方就核心条款未达成共识，决定终止筹划以发行股份及支付现金方式收购上海川土微电子股份有限公司（以下 简称川土微电子）控股权，并终止实控人余静渊筹划的控制权转让事项。公司股票将于11月19日复牌。 川土微电子是一家专注于高端模拟芯片研发设计与销售的企业，刚在今年7月份完成股改，还曾传出独立上市的计划。此次重大资产筹划事项终止，意味 着梦天家居试图通过跨界芯片领域以扭转主业颓势的短期战略受挫。 同时，梦天家居实控人筹划的控制权转让事项也宣告终止，但其仍计划转让部分股权。同日晚间，梦天家居公告称，控股股东梦天控股及其一致行动人梦 家投资拟向嘉兴汇芯企业管理合伙企业（有限合伙）转让6.8636%股权。 跨界芯片计划折戟 梦天家居本次筹划的重大资产重组事项始于11月5日。当日晚间，公司宣布筹划通过发行股份及支付现金方式收购川土微电子控制权，并募集配套资金。 官网显示，川土微电子成立于2016年，是一家专 ...

Core Viewpoint - The company, Dream Tian Home, is undergoing significant changes, including a planned transfer of control by its founder and a strategic move into the semiconductor industry through the acquisition of Chuan Tu Microelectronics [1][2][3] Group 1: Control Change - The founder and actual controller, Yu Jingyuan, is planning to relinquish control of Dream Tian Home, which has been listed for nearly four years [1][2] - The company has announced that its stock will be suspended from trading starting November 6 due to the planned acquisition and control change [2] - The major shareholders include Zhejiang Dream Tian Holdings Co., Ltd. and Jiaxing Mengjia Investment Management Partnership, with Yu Jingyuan holding a significant portion of the shares [3] Group 2: Cross-Industry Acquisition - Dream Tian Home is planning to acquire control of Chuan Tu Microelectronics through a combination of issuing shares and cash payments, which is expected to constitute a major asset restructuring [2][4] - Chuan Tu Microelectronics specializes in high-end analog chip design and sales, indicating Dream Tian Home's strategic shift towards the semiconductor sector [2][4] - The acquisition aligns with the growing demand for high-end analog chips in emerging industries such as 5G, new energy vehicles, and the Internet of Things [2] Group 3: Financial Performance - Dream Tian Home has experienced a decline in revenue over the past few years, with reported revenues of approximately 1.389 billion, 1.317 billion, and 1.117 billion yuan for 2022, 2023, and 2024 respectively [5] - The net profit has also decreased, with figures of about 220 million, 95.73 million, and 61.26 million yuan for the same years [5] - In the first three quarters of 2025, the company reported revenue of approximately 773 million yuan, a year-on-year decrease of 2.93%, but net profit increased by 37.6% to about 56.30 million yuan [6]

Core Viewpoint - The company MengTian Home Group is planning to acquire control of ChuanTu Microelectronics through a share issuance and cash payment, marking a cross-industry asset restructuring [2][4]. Group 1: Acquisition Details - MengTian Home has announced plans to acquire ChuanTu Microelectronics, with the transaction involving both share issuance and cash payments [2]. - The controlling party for the acquisition is tentatively identified as the team led by Chen Dongpo, although the final list of parties involved is not yet confirmed [4]. - The controlling shareholder, Yu Jingyuan, is also planning a control transfer, but the acquisition and control transfer are stated to be independent of each other [4]. Group 2: Company Background - MengTian Home specializes in the design, research, production, and sales of customized wooden furniture, including doors, wall panels, and cabinets, and was listed on the Shanghai Stock Exchange in December 2021 [4]. - ChuanTu Microelectronics focuses on the research, design, and sales of high-end analog chips, making this acquisition a significant cross-industry move [4]. Group 3: Financial Performance - For the first three quarters, MengTian Home reported a revenue of 773 million yuan, a year-on-year decrease of 2.93%, while net profit reached 56.3 million yuan, an increase of 37.60% [4]. - In Q3, the company achieved a revenue of 289 million yuan, down 4.13% year-on-year, with a net profit of 21.1 million yuan, up 31.22% year-on-year [4]. Group 4: Previous Investments - Earlier in the year, MengTian Home also invested in other chip assets, indicating a strategic focus on the semiconductor industry [5]. - In March 2025, MengTian Home signed an agreement to invest 70 million yuan in Chongqing Lingxin Microelectronics, becoming the second-largest shareholder with a 34.9999% stake [7]. Group 5: ChuanTu Microelectronics Overview - ChuanTu Microelectronics was established in 2016 and has undergone several funding rounds, including Pre-A, A, B, and C rounds, with significant investments from companies like BYD and SAIC in 2023 [7]. - The company has been preparing for an IPO, having completed a share reform in July 2025 [7]. - Although ChuanTu Microelectronics has not disclosed its financial performance, it previously reported a revenue increase of 251% and a net profit increase of 641% in the first half of 2022 [9]. Group 6: Market Position - As of November 5, the stock price of MengTian Home was 15.7 yuan per share, with a total market capitalization of approximately 3.496 billion yuan [11].

Core Viewpoint - Mengtian Home Group Co., Ltd. is planning to acquire control of ChuanTu Microelectronics Co., Ltd. through a share issuance and cash payment, marking a cross-industry asset restructuring [1][2]. Group 1: Acquisition Details - The acquisition involves a preliminary agreement with the controlling team of Chen Dongpo and other interested shareholders, although the final list of transaction parties is not yet confirmed [2]. - The controlling shareholder, Yu Jingyuan, is also planning a control transfer, with Yu and Fan Xiaozhen holding a combined 55.91% of Mengtian Home's shares [2]. - The acquisition and control transfer are stated to be independent of each other, meaning one does not depend on the other [2]. Group 2: Business Overview - Mengtian Home specializes in the design, research and development, production, and sales of customized wooden furniture, including wooden doors, wall panels, and cabinets, and was listed on the Shanghai Stock Exchange in December 2021 [2]. - ChuanTu Microelectronics focuses on the research, design, and sales of high-end analog chips, making this acquisition a significant cross-industry move [2]. Group 3: Financial Performance - For the first three quarters, Mengtian Home reported revenue of 773 million yuan, a year-on-year decrease of 2.93%, while net profit was 56.3 million yuan, an increase of 37.60% [4]. - In Q3 alone, the company achieved revenue of 289 million yuan, down 4.13% year-on-year, but the net profit attributable to shareholders rose by 31.22% to 21.1 million yuan [4]. Group 4: Previous Investments - Earlier in the year, Mengtian Home also invested in other chip assets, indicating a strategic focus on the semiconductor industry [5]. - In March 2025, Mengtian Home signed an agreement to invest 70 million yuan in Chongqing Lingxin Microelectronics Co., Ltd., acquiring a 34.9999% stake [6]. Group 5: ChuanTu Microelectronics Background - ChuanTu Microelectronics was established in 2016 and has undergone several funding rounds, including Pre-A, A, B, and C rounds, with significant investments from companies like BYD and SAIC in 2023 [7]. - The company has been preparing for an IPO, having completed a share reform in July 2025, which is seen as a crucial step towards going public [7]. Group 6: Performance Indicators - Although ChuanTu Microelectronics has not disclosed its financial performance, it previously reported a significant increase in revenue and net profit, with 2022 H1 revenue growing by 251% and net profit by 641% [9].

Core Viewpoint - The company, Dream Home Furniture, is undergoing significant changes, including a planned transfer of control by its founder and a simultaneous cross-industry acquisition in the semiconductor sector [2][5]. Group 1: Control Change - The founder and actual controller, Yu Jingyuan, plans to relinquish control of Dream Home Furniture, which has been publicly listed for nearly four years [2][5]. - The company has announced that its stock will be suspended from trading starting November 6, 2025, due to the planned acquisition and control change [4][5]. Group 2: Acquisition Plans - Dream Home Furniture is planning to acquire control of Shanghai Chuantou Microelectronics Co., Ltd. (Chuantou Micro) through a combination of issuing shares and cash payments, which is expected to constitute a major asset restructuring [5]. - Chuantou Micro specializes in high-end analog chip research and design, indicating Dream Home Furniture's strategic move into the semiconductor industry [5][6]. Group 3: Financial Performance - Dream Home Furniture has experienced declining revenue over the past few years, with reported revenues of approximately 1.389 billion, 1.317 billion, and 1.117 billion yuan for 2022, 2023, and 2024, respectively [9]. - The net profit has also decreased, with figures of about 220 million, 95.73 million, and 61.26 million yuan for the same years [9]. - In the first three quarters of 2025, the company reported revenues of approximately 773 million yuan, a year-on-year decrease of 2.93%, but net profit increased by 37.6% to about 56.30 million yuan [9].