Dramatic drop of nearly 15%! In the past month, 12 listed companies announced the termination of mergers and acquisitions, with the popular Superconductivity Concept Jiangxi Lianchuang Opto-electronic Science&Technology notably among them.
① This week, four listed companies including Zhongying Technology, Jiangxi Huangshanghuang Group Food, Argus, and Chengdu Qinchuan Iot Technology Co., Ltd. announced the failure of their merger and reorganization, with incomplete Statistics indicating that 12 listed companies have announced the termination of mergers and reorganizations in the past month (see attached table). ② The termination of mergers and reorganizations delivered a heavy blow to many stocks; on the day after the announcement, Shenzhen Yitoa Intelligent Control, Hang Zhou Radical Energy-Saving Technology, and Chengdu Qinchuan Iot Technology Co., Ltd. saw declines of 8.66%, 9.62%, and 14.63% respectively.
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The "Dual Wheel Drive" Technology Global Strategy of Zhongying has encountered setbacks, leading to the failure of a 1 billion-level acquisition of a leading company in brushless Electric Machine | Quick announcement.
① Zhongying Technology has terminated the acquisition of Botemon Electric Machine because the parties involved could not reach an agreement on the final plan; ② Botemon holds a 30% market share in the New energy Fund brushless electric machine sector, and Zhongying Technology had hoped to achieve a dual drive of "New Materials + Thermal Management" through the acquisition; ③ Zhongying Technology has MMF of 0.122 billion yuan on its books, and to complete this acquisition at the level of 1 billion, it may require a large amount of bank loans and other external financing.
Semiconductors are soaring across the board! Semiconductor Manufacturing International Corporation rises over 10% as the Industry welcomes a "dual drive of investment and application."
① The semiconductor sector in the A-shares and Hong Kong stocks surged collectively, with Espressif Systems, Starry Technology, Peak Technology, Cambricon, and SFTP seeing their stock prices reach historic highs during trading. ② Cambricon has become the second highest stock in the A-shares market, with a year-to-date increase of over 388%, exceeding NVIDIA and Broadcom. ③ SEMI recently pointed out that investments in mainland China related to AI are beyond expectations.