Hangzhou Landscaping Incorporated

Yuanyuan Landscape, stock code 605303, is planning to acquire a controlling stake in Hangzhou Hualan Microelectronics by issuing shares and paying cash, which is expected to constitute a major asset restructuring, and trading in the company's shares has been halted. CATL repurchased 604,300 A-shares of the company for the first time, with a transaction value of about 200 million yuan. Inspur Information plans to raise no more than 9 billion yuan through a private placement to invest in AI infrastructure and other projects. Sungrow Power Supply has raised prices of photovoltaic inverters, energy storage converters, and energy storage systems by 5 to 15 percent, while Sanan Optoelectronics has raised prices for some LED chips, RF chips, power electronics chips, and optical technology chips. Zhongjuxin's investee company plans to invest 1.1 billion yuan to build a high-purity quartz materials project. Longban Media has completed its trading halt review and will resume trading on September 14.

Yuanlin Co. announced on the evening of September 11 that it is planning to acquire a controlling stake in Hangzhou Hualan Microelectronics Co., Ltd. through the issuance of shares and cash payment. Trading in the company's stock will be suspended starting September 14, with the suspension expected to last no more than 10 trading days. Yuanlin Co. stated that the transaction is still in the planning stage, the valuation of the target company has not yet been finalized, and details such as audit and appraisal, transaction amount, and the ratio of share issuance to cash payment remain undetermined. The transaction is expected to constitute a major asset restructuring but is not expected to constitute a backdoor listing. Founded in 1992, Yuanlin Co.'s current main businesses include municipal landscape engineering and semiconductor storage, with the semiconductor storage business mainly operated by its holding company Yunhai Technology. Hualan Micro, the proposed acquisition target, is built on proprietary intellectual property in integrated circuit chip technology, focusing on core technologies in computer bus interfaces, data storage, and data security. Its products cover memory cards, USB drives, solid-state drives, and hard disk array series, and in 2015 it acquired the bridge chip product line of the American company Initio. In the first half of 2026, Yuanlin Co. achieved operating revenue of 261 million yuan, a year-on-year decline of 9.43%, and a net loss attributable to shareholders of the listed company of 71.07 million yuan, with the loss narrowing year-on-year.