-Daily Updates-
1. Bristol-Myers Squibb Acquires Orbital Therapeutics U.S. pharmaceutical giant Bristol-Myers Squibb has agreed to acquire biotechnology company Orbital Therapeutics for $1.5 billion in cash, aiming to strengthen its cell therapy portfolio. Orbital is developing next-generation RNA medicines, with its lead RNA immunotherapy candidate OTX-201 targeting autoimmune diseases. The transaction includes Orbital's proprietary RNA platform, which combines advanced RNA engineering technology with AI-driven drug design. Bristol-Myers Squibb expects this acquisition to enhance the efficiency of CAR-T cell therapies, benefiting more patients.
2. Founder Holdings Plans Shanghai Guanhe Medical Technology Acquisition Founder Holdings announced that its wholly-owned subsidiary Founder Shanghai plans to acquire 100% equity of Shanghai Guanhe Medical Technology Co., Ltd. for RMB 270 million. Shanghai Guanhe primarily engages in clinical trial technical services and related operations, with its wholly-owned subsidiaries Wuxi Guanhe Medical and Guanhe Pharma Hong Kong also focusing on clinical research services. This acquisition aims to enhance Founder Holdings' global laboratory service capabilities, strengthen its influence in China, and bolster its service capacity in the Asia-Pacific region to support domestic and multi-regional clinical trials. The target group has extensive experience in clinical research laboratory services, having supported over 1,500 clinical trials and played important roles in the market launch of 35 new drugs. Upon completion, Founder Holdings will enhance its ability to provide high-quality one-stop services to pharmaceutical companies and research institutions.
3. Hing Lee Holdings Announces Machinery Acquisitions and Financing Lease Agreements Hing Lee Holdings announced that its indirect wholly-owned subsidiary Hing Lee Civil Engineering issued purchase orders to Seller A and Seller B to acquire Atlas Copco machinery and Sumitomo Corporation machinery for total considerations of HK$6.45 million and HK$6.2 million respectively. Simultaneously, Hing Lee Civil Engineering entered into financing lease agreements A and B with ORIX, under which ORIX will purchase the aforementioned machinery for HK$5 million respectively and lease them back to Hing Lee Civil Engineering for 36-month terms. During the lease period, machinery ownership remains with ORIX. Upon lease expiration, Hing Lee Civil Engineering has the right to repurchase the machinery for a nominal consideration of HK$1,000 after settling all payables.
4. Mindtell Tech Completes Acquisition of Henan Lixuan Network Technology Mindtell Tech announced the completion of its acquisition of all equity interests in Henan Lixuan Network Technology, with all preconditions fulfilled and completion executed according to agreement terms. Following the acquisition, the target company becomes a direct or indirect wholly-owned subsidiary of Mindtell Tech, with its financial performance consolidated into Mindtell Tech Group's accounts.
5. Zijin Mining Completes Kazakhstan Raygorodok Gold Mine Project Acquisition Zijin Mining's controlled subsidiary Zijin Gold International completed the acquisition settlement of 100% interest in Kazakhstan's Raygorodok Gold Mine (RG Gold Mine) through its wholly-owned subsidiary. RG Gold Mine has abundant resources, with proven reserves as of June 30, 2025, showing measured + indicated ore reserves of 208 million tons and gold metal content of 197.4 tons; proven reserves of 97 million tons of ore with 87 tons of gold metal content. Following settlement completion, Zijin Mining will accelerate project feasibility studies and open-pit boundary optimization, potentially improving resource utilization rates and expanding mining production scale. Located in Kazakhstan's gold mineralization belt, RG Gold Mine is a large-scale operating open-pit mine with strong profitability, expected short investment payback period, and favorable economic benefits. The mine produced approximately 6 tons of gold annually during 2023-2024, operates normally with improvement potential, and will help Zijin Mining achieve its 2028 target of 100-110 tons of mineral gold production. This acquisition increases Zijin Gold International's operating gold mines to 9, further strengthening its asset scale, profitability level, and global industry position while creating synergistic effects with other Central Asian gold mines, enhancing regional risk resistance and comprehensive competitiveness.
6. Luxshare Precision's Acquisition of Wingtech Technology Subsidiaries Makes Progress Luxshare Precision Industry Co., Ltd. and its subsidiary Luxshare Communications (Shanghai) Co., Ltd. plan to acquire equity interests in certain subsidiaries of Wingtech Technology Co., Ltd. and assets related to consumer electronics system integration business. On March 20, 2025, Luxshare Precision's board of directors and supervisory board approved the acquisition proposal. On May 16, based on relevant audit reports and valuation reports, they adjusted the transaction scope and consideration, signing supplementary agreements. On June 9, the acquisition proposal was approved at the company's third extraordinary shareholders' meeting.
7. Jetstrong Equipment Completes Shandong Tanxun New Materials Acquisition Tianjin Jetstrong Power Equipment Co., Ltd. (Jetstrong Equipment), according to its strategic development plan, convened a board meeting on September 15, 2025, approving the acquisition of 51% equity in Shandong Tanxun New Materials Co., Ltd. (Shandong Tanxun). The company signed an equity transfer agreement with Wuhan Carbonage Technology Co., Ltd. (Wuhan Carbonage) to acquire its 51% stake in Shandong Tanxun through cash payment. According to relevant regulations, this transaction requires no shareholders' meeting approval and does not constitute a related-party transaction or major asset restructuring.
8. GIP Plans Aligned Data Centers Acquisition for Potential $40 Billion Global Infrastructure Partners (GIP) is in advanced negotiations to acquire Macquarie-backed data center company Aligned Data Centers in a deal approaching $40 billion. GIP is BlackRock's infrastructure investment fund, acquired by BlackRock for $12.5 billion in 2023. If completed, this acquisition would become one of the year's largest transactions. UAE sovereign wealth fund Mubadala's AI investment company MGX will also participate in the deal. GIP's interest in Aligned is part of its bet on AI infrastructure ecosystem, as it also evaluates a potential acquisition of power company AES Corp. Aligned operates 78 data centers across the United States and South America, possessing high power density and rapidly deployable assets that are scarce resources in the current market.