Suzhou Huazhijie Telecom Co

Huazhijie released a transaction plan on the evening of September 29, proposing to acquire 4.5 million yuan of registered capital in Suzhou Geliming Electronic Technology Co., Ltd. through a combination of share issuance and cash payment, corresponding to an 83.5052% equity stake in Geliming, along with raising supporting funds. The company's shares are scheduled to resume trading on September 30. The share issuance price for this asset purchase is 39.08 yuan per share, no less than 80% of the average price over the 20 trading days before the pricing base date, representing a 28.52% discount to the closing price of 54.67 yuan per share on September 14. Huazhijie has been suspended from trading since September 15, and its share price rose 24.93% over the 20 trading days before the suspension. After excluding the impact of changes in the Shanghai Composite Index and the general equipment index over the same period, the cumulative gains were 27.38% and 34.34% respectively. The company said it is difficult to rule out the possibility that certain institutions or individuals used inside information for insider trading, and the transaction still faces risks of suspension, termination, or cancellation due to suspected insider trading, abnormal share price fluctuations, or abnormal trading. After the transaction is completed, Huazhijie will achieve 100% control of Geliming and further enter the semiconductor testing support field on top of its existing precision telecommunications components business. Geliming focuses on the chip test socket and test kit industry, with products covering testing scenarios such as PMIC, new energy power semiconductors, and general-purpose chip inspection. In terms of performance, Huazhijie's net profit attributable to the parent company was 154 million yuan in 2024, 124 million yuan in 2025, and 44.2528 million yuan in the first half of 2026. Geliming's net profit attributable to the parent company was 8.41 million yuan in 2024, 13.51 million yuan in 2025, and 18.09 million yuan in the first eight months of 2026.

A number of listed companies on the Shanghai and Shenzhen stock exchanges issued important announcements on the evening of September 29. Wangsu Science & Technology plans to use 300 million yuan of its own funds, equivalent to 44.4517 million US dollars, to subscribe for 2.1054 million Series A+ preferred shares at 21.1137 US dollars per share in the video generation model company Sandai Cayman, and will hold a 4.3963 percent equity stake after the transaction is completed. The full industry chain project for producing 60,000 tonnes of energy-grade titanium and titanium alloy materials per year, invested and built by Anning Iron & Titanium, has produced its first furnace of titanium sponge, with a single furnace output of about 13 tonnes, and the project has entered the trial production stage. BOMESC's wholly-owned subsidiary Tianjin BOMESC signed a contract with Single Buoy Moorings Inc. for the construction of FPSO topside modules, with a contract value of approximately 1.6 billion to 2.1 billion yuan, scheduled for completion in the second half of 2028. The controlling shareholder of Dongyangguang, Shenzhen Dongyangguang Industrial, proposed that the company repurchase shares through centralized competitive trading, with a capital scale of no less than 600 million yuan and no more than 1.2 billion yuan. Huazhijie plans to acquire 83.5052 percent equity in Geliming through the issuance of shares and payment of cash, and to raise supporting funds, and its shares will resume trading when the market opens on September 30. Jianyan Institute's shares will be suspended from trading when the market opens on September 30 because related parties are planning major matters involving the company, and the suspension is expected to last no more than two trading days.

Just one year after its listing, Huazhijie is again planning a financing scheme. On the evening of September 14, Huazhijie announced that the company intends to acquire 100% equity of Suzhou Geliming Electronic Technology Co., Ltd. through the issuance of shares and payment of cash. Its stock has been suspended from the market open on September 15, with the suspension expected to last no more than 10 trading days. The announcement came less than 30 minutes before the market close that day, and Huazhijie's share price sealed the daily limit up. Huazhijie is an enterprise integrating the research and development, production, and sales of key functional components such as intelligent switches, intelligent controllers, brushless motors, and precision structural parts. It officially listed on the Shanghai Stock Exchange in June 2025. In the first half of this year, affected by exchange rate fluctuations and rising material costs, its net profit attributable to the parent company plunged 46.78% to 44 million yuan. Geliming Electronics was founded in 2020, focusing on precision tooling and core components in the semiconductor testing field, specializing in a full range of products such as integrated circuit test probes. Qichacha data shows it currently holds 11 authorized patents, but the latest authorization date of the relevant patents remains March 8, 2024.

On the evening of September 14, multiple listed companies on the Shanghai and Shenzhen stock exchanges issued important announcements. Xiangshan Co. plans to acquire 100% equity in Wuluo Zhihui through a combination of share issuance and cash payment, with the total transaction consideration tentatively set at 800 million yuan. After the transaction, the company will add AI computing equipment business to its existing auto parts operations. Jintian Titanium Industry plans to raise no more than 300 million yuan through a private placement, while Aoride plans to raise no more than 868 million yuan for projects including the construction of a western domestic server cluster. Runze Technology plans to apply to financial institutions for additional credit facilities totaling no more than 50 billion yuan on top of its existing credit lines to increase investment in the AIDC sector. Chitianhua's wholly owned subsidiary Anjia Mining received approval from the Guizhou Provincial Energy Bureau for the expansion of the Huaqiu No. 2 Mine, with production capacity to be raised from the current 600,000 tons per year to 1.5 million tons per year. TCL Smart Home's second-phase project at its Thailand production base, with an annual capacity of 1.4 million refrigerators, has been completed and entered trial production. Lianke Technology plans to invest about 1 billion yuan to build a silica-carbon black circular economy integrated project in the Suez Canal Economic Zone in Egypt. In addition, Xingyun Technology disclosed that as of September 8, 2026, its five-year long-term computing power framework orders on hand reached 16.004 billion yuan. Huazhijie is planning to acquire 100% equity in Suzhou Geli Ming Electronic Technology Co., Ltd., and its shares will be suspended from trading starting September 15.