Group 1 - The company is planning to acquire control of Shenzhen Hengyang Data Co., Ltd. through a combination of issuing shares and cash payment, which is expected to constitute a major asset restructuring [2][3] - The company's rapid growth in the early years was heavily reliant on the sales volume of Nintendo's Switch, but this segment has been declining, leading to a shift towards growth in optical communication and precision manufacturing businesses [2][8] - The company has conducted three acquisitions within two years of its IPO, indicating a strategy to diversify and strengthen its business portfolio despite facing cash flow pressures [2][10] Group 2 - Hengyang Data, the target of the acquisition, specializes in intelligent computing and data processing, providing solutions for telecom operators and government security, and has partnerships with major companies like IBM and Intel [3][7] - The company has seen a significant decline in its gaming component revenue, which dropped by 36.38% in the first half of 2024, while revenues from connectors and precision manufacturing have increased substantially [9][10] - The company's cash flow has been under pressure, with net cash flow from operating activities only reaching 0.3 billion, and cash reserves decreasing significantly from 16.46 billion to 2.86 billion [10][11]