Core Viewpoint - *ST Xingguang has decided to terminate the acquisition of the "Zaojiatong" platform and related cooperation matters, focusing on its main business for sustainable development [2][4]. Group 1: Acquisition and Business Strategy - The acquisition of the "Zaojiatong" platform was initially planned to enhance *ST Xingguang's capabilities in data management, digital services, and artificial intelligence [3]. - The termination of the acquisition was due to a lack of consensus on transaction conditions among the parties involved, despite prior efforts to negotiate [4]. - The company aims to concentrate its resources on its core business to ensure healthy and sustainable growth [2][4]. Group 2: Company Background and Financial Performance - *ST Xingguang, formerly known as Guangdong Xuelait Light Technology Co., Ltd., has faced significant challenges, including negative net assets and continuous losses, leading to multiple delisting risk warnings [5]. - The company underwent a change in control in 2022 and rebranded itself in 2023, maintaining its focus on lighting-related core businesses [5]. - Despite recent acquisitions in quantum communication and artificial intelligence, the company has not seen substantial performance improvements, with a revised net profit forecast indicating a loss of 28 million to 36 million yuan for 2024 [6]. Group 3: Expert Opinions and Recommendations - Experts suggest that *ST Xingguang should prioritize its main business, divest low-efficiency assets, and consider compliance restructuring and strategic investments to rebuild long-term competitiveness [7].

Group 1: Corporate Announcements - Huasheng Co. plans to acquire 100% of Yixin Technology's shares and will resume trading on June 24, 2025 [1] - Guotou Zhonglu is planning a major asset restructuring and will suspend trading starting June 24, 2025, for up to 10 trading days [1] - Baotailong intends to transfer 55% of its subsidiary Jixi Investment Company for a total transaction price of 300 million yuan [1] Group 2: Investment Projects - Guiguan Electric plans to invest approximately 395 million yuan in the Matian photovoltaic project with a capacity of 100MW [2] - Guangzhou Port's subsidiary intends to invest 14.5 billion yuan in the fifth phase of the Nansha Port project, with a capital increase of 2.809 billion yuan [3] Group 3: Stock Buybacks and Changes - Cambrian has raised its share repurchase price limit to 818.87 yuan per share due to stock price increases [4] - Inspur Information plans to repurchase shares worth 200 million to 300 million yuan at a price not exceeding 75.59 yuan per share [6] Group 4: Mergers and Acquisitions - Hailianxun is planning a share swap to absorb and merge with Hangqilun, with the application accepted by the Shenzhen Stock Exchange [5] - Tianyima intends to acquire 100% of Xingyun Kaiwu's shares, with the specific transaction price yet to be determined [11] Group 5: Listings and Stock Changes - Yaoshi Technology's associate company Yaojie Ankang has been listed on the Hong Kong Stock Exchange, issuing 15.281 million shares at a price of 13.15 HKD per share [9] - Sanhua Intelligent Control's 414 million H-shares were listed on the Hong Kong Stock Exchange on June 23 [10] - Changan Automobile's controlling shareholder has changed its name to "Chen Zhi Automobile Technology Group Co., Ltd." [8]