Jinfu Technology Plans Cross-Border Acquisition of Controlling Stake in Lanyuan Technology: In-Depth Analysis of Stock Price Limit-Up

This analysis is based on the prompt announcement of the planned equity acquisition issued by Jinfu Technology on November 23, 2025 [3] and market dynamic data [0], focusing on the company’s strategic initiative to acquire no less than 51% of the equity of Guangdong Lanyuan Technology and its market impact. On November 24, the company’s stock price rose by the daily limit to 14.01 yuan, with an increase of 9.97% [0], mainly due to the market’s positive expectations for its cross-border entry into the high-speed communication cable and new material fields [1][5].

Jinfu Technology is a leading enterprise in China’s bottle cap manufacturing segment, having deeply rooted in the industry for over 20 years, with core customers including China Resources C’estbon, Ganten, Coca-Cola, etc. [0]. However, in the first three quarters of 2025, the company’s main business was under pressure, with operating revenue decreasing by 9.12% year-on-year and net profit attributable to parent company decreasing by 19.45% year-on-year [0], forcing the company to seek a second growth curve. This acquisition of a controlling stake in Lanyuan Technology marks the company’s cross-border expansion into emerging fields such as high-speed communication cables and new materials [2][4].

On November 24, the company’s stock price rose by the daily limit, with a net buy of 34.2087 million yuan by main funds [5], reflecting the market’s positive evaluation of this strategic transformation. At the policy level, the current regulatory environment supports listed companies to grow stronger through mergers and acquisitions [0], further strengthening market confidence.

1. Correlation between Main Business Pressure and Strategic Transformation
   : The performance decline in the first three quarters directly promoted the company to accelerate diversified layout, and the high-speed communication cable field where the acquisition target is located is in line with the current development trend of the technology industry [1][4].
2. Market Expectations Drive Stock Price Rise
   : Although the acquisition details have not been fully disclosed, the market has reacted in advance, showing recognition of the company’s breakthrough of traditional business boundaries [0][2].
3. Coexistence of Risks and Opportunities in Cross-Border Integration
   : Entering new fields will face integration challenges in technology, channels, management and other aspects, but it is also expected to bring long-term growth momentum to the company [0].

• Integration Risk
  : Cross-border acquisition may face synergy problems between new business and existing main business, and insufficient technical and talent reserves may affect the transformation effect [0].
• Performance Uncertainty
  : The profit model and market competitiveness of the new business have not been verified, and it may not quickly improve the company’s financial situation in the short term [0].

• New Growth Engine
  : If the acquisition is successful and integrated smoothly, the high-speed communication cable business is expected to become the company’s core growth point in the future [1][4].
• Policy Dividend
  : The current support for mergers and acquisitions policies provides a favorable environment for the company’s transformation [0].

Jinfu Technology’s cross-border acquisition this time is a strategic choice under the pressure of main business, and the market reaction is positive (stock price limit-up), but it is necessary to pay attention to the subsequent acquisition progress and integration effect. Investors should balance short-term market sentiment and long-term transformation risks, and rationally view the company’s diversified layout [0][3].