Leading 20CM Limit Up: List of A-shares Disclosing M&A and Restructuring Progress This Week

Cailian Press, March 7 (Editor: Ping Fang) The A-share market continues to see active mergers and acquisitions. As of the close on Friday, the controlling shareholder plans to change to Hangzhou Juzhun, with Huashi Technology hitting the 20CM daily limit, and a major asset restructuring involving asset swaps leading to a daily limit for Jiaoyun Shares.

According to incomplete statistics from Cailian Press, as of press time, 10 A-share listed companies have disclosed progress on mergers and acquisitions this week, including Dongyang Sunshine, Huasoft Technology, Huapei Power, Dongfang New Energy, Zhongmu Shares, Donghong Shares, Falan Tech, Ruili Kemi, Jiemai Technology, Dongwu Securities, with details shown in the chart below:

Among them, Dongyang Sunshine, which plans to acquire Qinhuai Data to enter the AI computing power infrastructure sector, disclosed a restructuring plan on Friday. The company is planning to acquire a 70.00% stake in Yichang Dongshu No.1 Investment Co., Ltd. through issuing shares, both directly and indirectly, and raise supporting funds. This transaction is expected to constitute a major asset reorganization and a related-party transaction. The company’s stock will resume trading on March 9.

It is noteworthy that Dongshu No.1 is the entity established for acquiring Qinhuai Data. Previously, Dongyang Sunshine announced on January 16 that it, together with related parties, increased capital in a joint venture for the purpose of acquiring 100% equity of Qinhuai Data China, completing the related transaction. According to publicly available information, Qinhuai Data Group is a leading independent third-party operator of large-scale computing infrastructure solutions in China. Qinhuai Data is a computing power provider for ByteDance.

Domestic European-style crane leader Falan Tech announced on Monday that the company’s controlling shareholder and actual controllers, Jin Hongping and Tao Fenghua, signed a share transfer agreement with Wuxi New Investment Qihang M&A Investment Partnership. After this change in equity, New Investment Qihang will directly and indirectly control 105 million shares (26.39% of the total share capital). The company’s controlling shareholder will change from Jin Hongping and Tao Fenghua to New Investment Qihang, and the actual controller will change from Jin Hongping and Tao Fenghua to Wuxi Xinwu District People’s Government. The stock will resume trading on March 3.

Leading domestic commercial vehicle active safety system company Ruili Kemi announced on Monday that the company plans to purchase a 16% stake in Wuhan Ruili Kedes Automotive Electronics Co., Ltd. through issuing shares, with a transaction price of 16 million yuan. Wuhan Kedes mainly develops hardware and software for ABS, ESC, EPB, and other electronic control braking systems, and is conducting frontier layout around key technologies for intelligent wire-controlled chassis. After the transaction, the company will achieve 100% control of Wuhan Kedes. The stock will resume trading on March 3.

Leader in electronic component usage and processing materials industry Jiemai Technology announced on Monday that the company is planning to acquire 100% equity of Changsha Efuosi Technology Co., Ltd. through issuing shares and paying cash, and to raise supporting funds. The company’s stock has been suspended since March 3.

Additionally, the first move in broker mergers and acquisitions in 2026 has begun. Dongwu Securities announced on Monday morning that it is planning to acquire control of Donghai Securities through issuing A-shares. The company’s A-shares have been suspended since March 2, with an expected suspension period of no more than 10 trading days.