Anhui Conch Cement: Plans to acquire cement assets from Anhui Vinylon High-Tech and Mengwei Technology, with a total transaction price not exceeding RMB 691 million.
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Defu Technology: Plans to raise no more than 2.8 billion yuan through private placement for high-end electronic circuit AI copper foil project.
According to Mars Finance, Defu Technology (301511.SZ) announced that it plans to issue A-shares to specific targets, raising a total of no more than 2.8 billion yuan. After deducting issuance expenses, the funds will be used for the "50,000-ton AI copper foil project for high-end electronic circuits" and to supplement working capital. The AI copper foil project has a total investment of 2.25 billion yuan, with 1.98 billion yuan planned to be invested from the raised funds. It will be implemented by its wholly-owned subsidiary, Amber New Materials. Upon completion, the project will achieve an annual production capacity of 50,000 tons of high-end electronic circuit copper foil, including copper foil for FPCs, RTF, HVLP, and carrier copper foil, mainly used in AI servers, high-speed switches, optical modules, and other fields. This issuance is subject to approval by the company's shareholders' meeting, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission. (Cailian Press)
PENGDING HOLDING: Plans to raise no more than 9.6 billion yuan through private placement for AI server and high-speed optical module high-density interconnect laminate projects.
According to Mars Finance, Pengding Holdings (002938.SZ) announced its 2026 private placement of A-shares to specific targets, aiming to raise no more than 9.6 billion yuan. After deducting issuance expenses, the funds will be used for the "Qingding AI Server and High-Speed Optical Module High-Density Interconnect Laminate Project." The issuance will target no more than 35 investors, and the number of shares issued will not exceed 10% of the total share capital before the issuance, approximately 232 million shares. The total planned investment for the project is 12.73 billion yuan, which will add approximately 655,600 square meters of high-end HDI annual production capacity to seize the development opportunities in the AI computing power industry and consolidate the company's leading position in the industry. (Cailian Press)
Lingnan Holdings: Plans to acquire 85% stake in Guangdian City Services; stock resumes trading.
Mars Finance reported on July 7th that Lingnan Holdings announced its plan to acquire 85% of Guangdian Chengfu's shares from Shuke Group through a combination of share issuance and cash payment, and to raise supporting funds. The company's stock has been suspended from trading since June 24, 2026, and will resume trading on July 8th upon application. This transaction is subject to auditing and valuation, and requires approval from the board of directors, shareholders' meeting, state-owned assets supervision and administration departments, and the China Securities Regulatory Commission, and therefore involves uncertainties. (Company Announcement)
Advanced Silicon Technology: Acquires 60% Stake in Anhui Jinglong Semiconductor
Mars Finance reported on July 6th that GRINM Advanced Silicon Technology Co., Ltd. (688432.SH) announced that it has acquired a 60% stake in Anhui Jinglong Semiconductor Technology Co., Ltd. through a public bidding process, with a transaction amount of 451 million yuan. The company has paid a deposit of 135 million yuan and signed a "Property Transaction Contract" with the transferor. The remaining 315 million yuan has been paid. After the acquisition, Jinglong Semiconductor will become a controlling subsidiary of the company and will be included in its consolidated financial statements. (Company Announcement)
Shenling Environment: Plans to acquire 100% equity of Tianjin HVAC for 7.1805 million yuan
Mars Finance News, July 8th - Shenling Environment announced that it will acquire 100% equity of Tianjin Shenling HVAC Equipment Co., Ltd. (hereinafter referred to as "Tianjin HVAC"), a wholly-owned subsidiary of its wholly-owned subsidiary Guangdong Shenling Commercial Air Conditioning Equipment Co., Ltd. (hereinafter referred to as "Shenning Commercial"), using its own funds. The acquisition price is RMB 7,180,546.68, the net asset value of Tianjin HVAC as of December 31, 2025, as confirmed in the asset appraisal report. After the completion of this equity acquisition, the company will directly hold 100% equity of Tianjin HVAC, and Tianjin HVAC will change from a wholly-owned subsidiary to a wholly-owned subsidiary of the company. (Company Announcement)
Anbotong invests in a semiconductor equipment remanufacturing joint venture; its actual controller simultaneously acquires a controlling stake in lithography machine manufacturer ABM Asia.
According to Mars Finance, Anbotong (688168) recently announced its plan to invest 10.2 million yuan to establish a joint venture, "Botong Gangke," holding a 51% stake. The joint venture will primarily engage in the remanufacturing of mature process semiconductor equipment and related components. Notably, this investment is backed by a package of transactions—Anbotong's actual controller, Zhong Zhu, plans to acquire a 30% stake in the partner, Shenglin Gangke, and become a director. Upon completion of the transaction, he will indirectly hold a 24% stake in ABM Asia, a global manufacturer of lithography equipment. ABM has been deeply involved in the semiconductor lithography equipment field for over 20 years, possessing proprietary technologies for over 2,000 key components. It has delivered nearly 1,000 units to over 300 customers worldwide, and its lithography machine mass production project is scheduled to be located in Foshan, Guangdong in 2025. Anbotong also highlighted the risks associated with cross-industry integration in its announcement. (Cailian Press)