This week's list of A-shares disclosing M&A and restructuring progress, including 120 billion computing power concept stocks

Mergers and acquisitions restructuring are important tools for optimizing resource allocation in the capital market and key engines for improving the quality and investment value of listed companies. Since the release and implementation of the “Six Rules on Mergers and Acquisitions,” policy benefits have continued to be released, effectively stimulating market vitality. The activity level of M&A restructuring in A-shares has significantly increased, and the overall market has shown a good pattern of steady growth in transaction scale and continuous improvement in asset quality, with “volume increase and quality enhancement.”

According to incomplete statistics from Cailian Press, as of the time of writing, 17 A-share listed companies have disclosed progress in mergers and acquisitions this week, including Runze Technology, Zongshen Power, Huapei Power, Tuoshan Heavy Industry, Central South Culture, Xiamen Airport, Tianqi Mold, New锐股份, Dongwang Times, XinHengHui, Yutong Technology, Efort, Hainan Mining, Jinhui Shares, Fangda Carbon, Xiamen Tungsten, and Zhongmin Energy. The specific situation is shown in the chart below:

According to incomplete statistics, this week, the listed companies that disclosed progress in mergers and acquisitions and suspended or resumed trading also include Runze Technology, Huapei Power, Central South Culture, Tianqi Mold, Efort, and Hainan Mining.

Runze Technology, with a total market value of over 120 billion yuan, announced on Friday evening that the company plans to purchase a 42.56% stake in Guangdong Runhui Technology Development Co., Ltd. held by 12 investors, including China International Capital Corporation (CICC) through issuing convertible bonds, and to raise supporting funds by issuing shares to no more than 35 specific investors. After the transaction is completed, the listed company will control 100% of Guangdong Runhui. The purchase price for the assets involved in this transaction has not yet been finalized, and it is expected that this transaction will not constitute a major asset reorganization of the listed company. Guangdong Runhui’s main business is the same as that of the listed company, mainly IDC and AIDC businesses. The company’s stock will resume trading starting from the market opening on February 24.

Huapei Power announced on Thursday evening that the company plans to purchase 100% equity of Meichuang Zhigan (Wuxi) Technology Co., Ltd., held by Wuxi Shengyi Industrial Investment Partnership (Limited Partnership), through issuing convertible bonds and paying cash, and to raise supporting funds by issuing shares to no more than 35 specific investors. This transaction is expected to constitute an associated transaction and a major asset reorganization but does not constitute a reorganization and listing. The company’s A-shares will be suspended from trading starting from the market opening on February 13, 2026, with an expected suspension period of no more than 10 trading days. Central South Culture announced on Thursday that the company is planning to acquire the controlling stake of Jiangyin Sulong Thermal Power Co., Ltd., through issuing shares and paying cash, and to raise supporting funds, which is expected to constitute a major asset reorganization. The company’s securities will be suspended from trading starting from the market opening on February 13, 2026, and the transaction plan is expected to be disclosed within no more than 10 trading days, that is, before March 9, 2026, and an application for resumption of trading will be submitted.

Tianqi Mold announced on Wednesday that it plans to purchase 60% of Dongshi Shares. Dongshi Shares is a professional manufacturer of automotive parts for large-scale supporting for commercial and passenger vehicles. Efort announced on Monday that it plans to purchase 100% of Shengpu Shares. The target company’s main business is the research, production, and sales of precision fluid control equipment and its core components, mainly producing precision fluid control devices that achieve precise delivery, measurement, and coating of viscous fluids (mainly adhesives) through motion algorithms and structural design, applied in downstream manufacturing processes of bonding. Hainan Mining announced on Monday that it plans to acquire 69.9% of Fengrui Fluorine’s equity. The target company is located in Luanchuan County, Henan Province, focusing on the investment and development of fluorite mines, with main products including acid-grade fluorite fine powder, high-grade fluorite ore, and anhydrous hydrogen fluoride. After this transaction, the listed company will expand its fluorite mining business segment, enriching its portfolio of high-quality strategic minerals based on existing resources.

(Source: Cailian Press)