One-word limit! Photovoltaic Cross-border 240 Million Acquisition Case Fails!

2026-04-14 17:45:42

After nearly five months of planning, the cross-border acquisition with a premium of more than 11 times finally failed.

After nearly five months of

planning, the cross-border acquisition with a premium of more than 11 times finally failed. On the evening of April

13, was affected by this bad news, and the stock price of Guosheng Science and Technology dropped by one word on April 14." 29.

Looking back, on the evening of November 25, 2025 , Guosheng Science and Technology announced that it planned to raise and stop the company's share price for several consecutive days with a premium of about 241 million yuan (exceeding 1167 yuan

). After the disclosure, the stock price opened the board mode again.

However, the rationality of this high premium acquisition quickly aroused regulatory concern. On the day of the announcement, the Shanghai Stock Exchange quickly issued an inquiry letter requesting the company to explain the core issues such as the fairness of the transaction, the background of the counterparty, the follow-up arrangements and whether insider trading is involved within five trading days.

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In 2022, Ganjing Garden will focus on the transformation of photovoltaic track , join hands with photovoltaic black horse Guosheng Energy to start business restructuring, and officially renamed Guosheng Science and Technology in 2023. Since then, the company's business has changed from a single garden to a "garden + photovoltaic" dual-industry development.

Unfortunately, cross-border photovoltaic has not reversed the company 's loss decline.

Data show that Guosheng Science and Technology has been losing money since 2020, and the loss situation is more severe until 2025. According to the performance forecast, the company expects a net profit loss of 325 million to 6.

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Correlation

After nearly five months of planning, the cross-border acquisition with a premium of more than 11 times finally failed.

2026-04-14 17:45:42

On October 13, the Office of Industry and Information Technology of Jiangxi Province announced that due to the revision of the policy of capacity replacement in the cement and glass industry by the Ministry of Industry and Information Technology, the Office of Industry and Information Technology of Jiangxi Province decided to abolish the Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province (Gongxin Regulation No.2024) from the date of issuance of the notice, and to abolish the "Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province". The capacity replacement of cement and glass industry in the whole province will be handled in accordance with the relevant policies of the Ministry of Industry and Information Technology in the future.