According to Caixin, on December 5 (reporter Wu Chao), Anhui Fuhuang Steel Structure (002743.SZ) has experienced significant stock price fluctuations recently, having achieved six limit ups since October 24. After hitting the limit up again today, the company released an announcement in the evening, stating that it is planning a major asset restructuring and intends to acquire a visual technology company under its major shareholder. However, it is surprising that just a month ago, the company openly stated that it had no plans for mergers and acquisitions.

According to the announcement, Anhui Fuhuang Steel Structure is planning to acquire controlling interest in Hefei Zhongke Junda Vision Technology Co., Ltd. (hereinafter referred to as "Zhongke Shijie") by issuing shares and other means, and also intends to issue shares to no more than 35 specific investors to raise matching funds. Anhui Fuhuang Steel Structure's stock will be suspended from trading starting from December 6, and the company expects to disclose the transaction plan within no more than 10 trading days.

According to the third quarterly report, the controlling shareholder of Anhui Fuhuang Steel Structure is Anhui Fuhuang Construction Co., Ltd. (referred to as "Fuhuang Construction"), with Yang Junbin as the actual controller of the listed company and the legal representative of Fuhuang Construction. The controlling shareholder of Zhongke Shijie, which is planned for acquisition, is also Fuhuang Construction. Therefore, this transaction is expected to constitute a related party transaction. Additionally, it is expected to constitute a major asset restructuring but will not constitute a restructuring listing.

It is reported that Anhui Fuhuang Steel Structure and several shareholders of Zhongke Shijie, including Fuhuang Construction, have signed a letter of intent, preliminarily reaching an intention to purchase assets. However, the transaction still has uncertainties, and the specific plan regarding the final trading parties and the scope of the symbol assets will be further formalized in a separate agreement.

The announcement did not disclose the financial data of Zhongke Shijie.

Public information shows that Zhongke Shijie is a technology company focused on innovation in high-speed visual perception technology, maintaining close cooperation with the University of Science and Technology of China in production, learning, and research, possessing completely independent intellectual property rights in high-speed visual perception technology, breaking the technological monopoly of Europe, America, and Japan. Its series of high-speed cameras have users all over the country and around the world.

Additionally, in March last year, Zhongke Shijie completed the guidance filing with the Anhui Securities Regulatory Bureau, planning to issue stocks for the first time and list on the STAR, with Guoyuan Securities as the guiding brokerage. This year, the company has completed the fifth phase of its listing guidance work. However, as of now, Zhongke Shijie has not formally initiated an application for IPO.

It is worth noting that anhui fuhuang steel structure's stock price had already moved ahead of the disclosure of this major asset restructuring.

Not long after the market opened today, the company's stock price surged to the limit up, and although there was slight fluctuation in the afternoon, it still closed at the limit price of 7.67 yuan per share. Moreover, the company's stock price has been performing well recently, having also reached the limit up on December 2. Since the beginning of this week, the stock price has increased by over 20%.

Previously, on November 6 (the day before the stock price also reached limit up), anhui fuhuang steel structure stated on an interactive platform to investors that the company currently has no plans for mergers or restructuring, and that if there are any relevant plans in the future, the company will fulfill its information disclosure obligations in a timely manner.

After the restructuring news was disclosed today, many investors on stock forums expressed outrage, believing that behind the stock price's early movement lies 'insider trading', 'leaks', and 'rat trading'.