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Express News | China Securities Co.,Ltd.: Huada JiuTian is a leading enterprise in the domestic EDA Industry, rated as "Buy."
Multiple stocks hit the upper limit of 20CM. This week's list of A-shares disclosing progress on mergers and reorganizations is as follows.
According to incomplete Statistics from the Financial Association, a total of 18 A-share listed companies disclosed progress on mergers and acquisitions this week (see attached table); By Friday's close, Jinghua Micro, 3peak Incorporated, and Shenzhen MinDe Electronics Technology all reached a 20CM limit up, while Shandong Dawn Polymer, Wuxi Huadong Heavy Machinery, and Konka Group Co.,Ltd also hit the limit up.
Gailun Electronics (688206.SH): Stocks will resume trading from April 14.
On April 11, Gelonghui reported that Garon Electronics (688206.SH) announced that the company plans to acquire 100% equity of Chengdu Ruicheng Chip Micro Technology Co., Ltd. and 45.64% equity of Naneng Microelectronics (Chengdu) Co., Ltd. through the issuance of shares and cash payments, and to raise supporting funds. This Trade is expected to constitute a significant Asset restructuring and related Party transaction, and it will not lead to a change in the actual controller of the company. The company's Stocks will resume trading on April 14, 2025.
Gaolon Electronics (688206.SH) is planning to issue additional shares for acquisition and will continue to be suspended from trading starting April 7.
Gaolon Electronics (688206.SH) announced that the company disclosed "About planning to issue..." on March 28, 2025.
Express News | Galen Electronics: plans to acquire a stake in Nanneng Micro, stocks will continue to be suspended for no more than 5 Trades.
Express News | Nearly 30 A-share listed companies disclosed the latest announcements on mergers and acquisitions this week, with PhiChem Corporation planning to acquire 100% of the shares of Xinhao Semiconductors.