Estun: Planning to acquire a stake in Estun Kootron, a company specializing in embodied intelligent robots.
Related
Estun: Stock trading is experiencing unusual fluctuations; it is planning to acquire equity in a subsidiary.
Mars Finance reported on July 7th that Estun announced that its stock price had deviated by more than 20% cumulatively over the past three trading days, constituting abnormal fluctuations. After verification, the company's production and operations are normal, and there is no undisclosed material information. Currently, the company is planning to acquire 100% equity of its investee company, Nanjing Estun Kuzhuo Technology Co., Ltd., through its wholly-owned subsidiary in a cash transaction. This transaction is still in the planning stage and is subject to uncertainty. (Company Announcement)
Lead Microelectronics, which has seen two consecutive days of price increases, is planning to increase its capital to acquire a controlling stake in Lead Microelectronics, a company that produces indium phosphide.
Mars Finance reported on July 1st that Lead Electronics announced that its stock price had deviated by more than 20% cumulatively over two consecutive trading days (June 30th and July 1st, 2026), constituting abnormal stock trading fluctuations. To optimize its product structure and expand its business areas, the company plans to acquire and integrate the electronic materials business of a target company, thereby further strengthening its overall profitability. The company intends to sign an "Investment Agreement" with Qingyuan Lead and Lead Microelectronics, agreeing to invest in Lead Microelectronics through capital increase, acquiring more than 50% of the target company's equity and achieving controlling interest. After the capital increase, the company intends to acquire controlling interest in Lead Microelectronics, which will then be included in the company's consolidated financial statements. (Company Announcement)
Anjie Technology: Plans to acquire a 51% stake in Suzhou Zhifeng for cash. The target company's main products include optical module chip bases, etc.
According to Mars Finance, Anjie Technology (002635.SZ) announced that its wholly-owned subsidiary, Weisidongshan, plans to acquire a 51% stake in Suzhou Zhifeng MIM Powder Metallurgy Co., Ltd. for a cash consideration of RMB 204 million, with a potential upper limit of RMB 51 million, totaling no more than RMB 255 million. Upon completion of the transaction, Suzhou Zhifeng will become a controlling subsidiary of the company and will be included in its consolidated financial statements. Suzhou Zhifeng's core technology is metal powder injection molding (MIM), primarily providing supporting products for optical communication interconnection, new energy vehicles, and high-end medical fields. Its main products include optical module chip bases, etc. In 2025, revenue from optical module-related businesses accounted for 96.08% of Suzhou Zhifeng's total revenue, and in the first four months of 2026, revenue from optical module-related businesses accounted for 96.04% of its total revenue. Meanwhile, Suzhou Zhifeng is continuously expanding its product range of various precision optical device components to support downstream applications. Optical module chip substrates are used to support core optoelectronic devices such as laser chips and detector chips, and provide heat dissipation pathways, structural support, and electrical interconnection interfaces for these devices. They are crucial components for ensuring the heat dissipation performance, packaging accuracy, and long-term reliability of optical modules. (Cailian Press)
Lingnan Holdings: Planning to acquire 85% stake in Guangfu Group; trading of its shares remains suspended.
Mars Finance reported on June 30th that Lingnan Holdings announced it is planning to acquire 85% of Guangzhou Broadcasting City Services Group's shares from Guangzhou Digital Technology Group through a combination of share issuance and cash payment, and will also raise supporting funds. Trading of the company's shares has been suspended since the market opened on June 24th, and is expected to last no more than 10 trading days. As of the date of this announcement, the relevant work is progressing actively. Due to uncertainties surrounding the matter, trading will remain suspended until a final announcement is made and an application for resumption of trading is submitted. (Company Announcement)
Abu Dhabi National Oil Company's distribution arm plans to acquire 100% of Shell's South African downstream business for $1 billion.
Mars Finance reported on July 7th that ADNOC Distribution, a subsidiary of Abu Dhabi National Oil Company, announced its plan to acquire 100% of Shell's South African downstream business for approximately US$1 billion. Following the transaction, a 28% stake will be sold to local empowerment partners and an employee stock ownership plan. The company expects the transaction to drive EBITDA growth of approximately 13% and earnings per share growth of approximately 6% in the first year after completion. The transaction is expected to close in 2027. (Wide Angle Observation)
Morphi, a company specializing in embodied intelligence, has completed a series of angel round financing rounds exceeding 1 billion yuan.
Mars Finance reported on July 7th that Morphi, a holographic intelligence company, officially announced the completion of its angel round of financing, exceeding 1 billion yuan. This round was jointly invested by Alibaba and Tencent, with participation from over ten leading institutions including Guanghe Venture Capital. Following the financing, the company's valuation surpassed 7 billion yuan, setting a record for the largest publicly disclosed first-round financing in the domestic holographic intelligence sector. (Venture Capitalist CLUB)