Dark Horse Technology Group proposes asset acquisition via share issuance and cash

Today’s announcements highlight significant corporate actions and regulatory updates from various companies on the Shenzhen Stock Exchange.

Deals & Restructuring

• Dark Horse Technology Group Co., Ltd. (300688) is proposing an asset acquisition through a combination of share issuance and cash payments, while also raising supporting funds. The transaction involves multiple counterparties and is subject to regulatory approval.
• Alnera Aluminium Co., Ltd. (301613) is also pursuing an asset acquisition through share issuance and cash payment, alongside a fundraising initiative. This transaction is structured as a related party transaction and requires regulatory compliance.
• Hunan Valin Wire and Cable Co., Ltd. (001208) plans to issue convertible corporate bonds to acquire a 35% stake in Anhui Sanzhu Intelligent Technology Co., Ltd. from Wu Genhong and Jiang Yuan, while raising supporting funds through a private placement.
• Yangling Metron New Material Co., Ltd. (300861) announces a strategic investment of RMB 300 million to acquire a 5.729% stake in Longteng Semiconductor Co., Ltd.

Regulatory & Governance

• Xi'an Tianhe Defense Technology Co., Ltd. (300397) responded to an audit inquiry regarding its private placement of shares, addressing concerns over declining revenue and rising debt levels.
• Chempartner Pharmatech Co., Ltd. (300149) provided a formal response to an audit inquiry regarding its private placement, clarifying recent management changes and financial performance issues.
• *ST Tianyu Co., Ltd. (300205) announced that its actual controller received an administrative penalty for failing to disclose related party transactions, which may impact the company's operations.
• *ST Lingda Co., Ltd. (300125) received delisting risk warnings due to financial metrics and has applied to lift these warnings, citing improved performance.

Other Notable Developments

• ST Jinhong Co., Ltd. (000669) disclosed a report on the trustee management of its 2015 corporate bonds, which remain in a state of accelerated maturity following a default in 2018.
• Hangxin Technology Co., Ltd. (300424) announced the early redemption of its convertible bonds, with the last trading day set for July 2, 2026.
• Fujian Nebula Electronics Co., Ltd. (300648) completed the re-election of its Board of Directors and appointed new senior management personnel.
• Wanbang Pharmaceutical Co., Ltd. (301520) reported progress on acquiring 75.52% equity in Anhui Saidesheng Pharmaceutical Technology Co., Ltd., completing the industrial and commercial registration change.
• Dalian Dalicap Technology Co., Ltd. (301566) proposed a restricted stock incentive plan to grant shares to employees, contingent on achieving specific revenue growth targets.