Many individuals have been penalized and will be listed as *ST! Orient Group Incorporation is on the "brink of life and death" | Quick read announcement.
① Orient Group Incorporation received the "Notice of Administrative Penalty" from the Securities Regulatory Commission, and several people including the actual controller Sun Hongwei were penalized; ② The company's Stocks were suspended from trading on March 17, and resumed trading on March 18 with a delisting risk warning.
Xiangcai Co.,Ltd plans to absorb and merge Shanghai DZH Limited through a share exchange, with both Stocks suspended from trading.
On March 17, 2025, Shanghai DZH Limited and Xiangcai Co., Ltd announced that both parties are planning to conduct a stock swap merger of Shanghai DZH Limited by Xiangcai Co., Ltd issuing A-shares to all A-share Shareholders of Shanghai DZH Limited and raising matching funds by issuing A-shares.
A premium of 68.11 times! Youxian Silicon plans to acquire 70% of DGT's equity, horizontally expanding into the upstream equipment sector.
① Youyan Silicon stated that the operation of the symbol company may be affected by macroeconomic factors, industry development trends, changes in market demand, and other factors, leading to a certain degree of uncertainty in future development and operating revenue. ② This trade includes performance commitments, and RST promises that from 2025 to 2027, during the commitment period, DGT must achieve more than 90% of the cumulative forecast revenue; otherwise, RST will provide cash compensation to Youyan Silicon.
The Semiconductors industry is experiencing a significant restructuring! New Semiconductor is planning to fully acquire Aishengsheng, signaling the emergence of a chip giant.| Read the announcement.
① The A-share display chip Sector may welcome a new giant, as Xinxiang Micro has disclosed a restructuring plan to acquire 100% of the equity of Aisheng. ② Xinxiang Micro and Aisheng focus on the display chip field, which allows for effective integration of Business and also enables collaboration and strategic synergy with its important Shareholder, Peking Electronic Control, in the semiconductor display sector. ③ Peking Electronic Control has been active recently and is actively seeking control of another publicly listed company, Kingsemi Co., Ltd.
In the contract dispute case, a compensation of 0.353 billion yuan was ruled against Chongqing Brewery, which expressed dissatisfaction and stated that "it will firmly appeal" | Quick reading of the announcement.
① Due to a contract dispute, Chongqing Brewery was ruled in the first instance to pay approximately 0.353 billion yuan to the joint venture company Chongqing Jiawei, which Chongqing Brewery disagrees with and stated it will firmly appeal. ② This first-instance judgment may reduce Chongqing Brewery's net income attributable to parent company last year to about 1.115 billion yuan. ③ Currently, Chongqing Brewery is still involved in several significant lawsuits with Chongqing Jiawei and its related parties, involving an amount of approximately 0.734 billion yuan.
Mining equipment "going abroad" accelerates, Citic Heavy Industries' total overseas effective orders in 2024 hit a new high | Interpretations
① Citic Heavy Industries achieved a revenue of 8.034 billion yuan last year, a year-on-year decline of 15.93%. The net income after deduction for non-recurring gains and losses was 0.398 billion yuan, an increase of 34.41% year-on-year; ② The company's overseas revenue grew rapidly, with the company achieving over 80% year-on-year growth in overseas effective orders last year.