[Focus on hot topics]

Nanjing Chemical Fiber (600889.SH) announced abnormal stock price fluctuations. Currently, the company's main business is still cellulose fiber and PET structural core materials. The company's production and operation conditions are normal, and there have been no major changes. The company has no material matters that should have been disclosed but not disclosed.

Onli Education (600661.SH) announced abnormal fluctuations in stock trading. The company achieved operating income of 966 million yuan in 2023, achieved net profit attributable to shareholders of listed companies of 188 million yuan, and realized net profit attributable to shareholders of listed companies after deducting non-recurring profits and losses - 158 million yuan. Currently, the education and training business is still a highly regulated industry. The company's main business is education and training. After continuous deepening strategic transformation in recent years, the company has formed a parallel business pattern with the four major sectors of quality education, vocational education, adult education, and international and basic education. Up to now, the company's daily business conditions are normal.

[Investment projects]

Siquan New Materials (301489.SZ): Proposes to establish Vietnam Sun Company and invest in the construction of cooling product projects

Siquan New Materials (301489.SZ) announced that the 15th meeting of the third board of directors of the company held on May 15, 2024 reviewed and passed the “Proposal on Establishing a Vietnam Sun Company and Investing in the Construction of Cooling Product Projects”. In order to effectively implement the global strategic layout and meet overseas business development needs, it was agreed that the company would fund the establishment of a wholly-owned Sun company Vietnam Siquan New Materials Co., Ltd. (tentative name, subject to commercial registration) and invest in the construction of cooling product projects, with a total planned investment of 35 million US dollars to purchase, Plant construction and decoration, purchase and construction of fixed assets, operating capital, etc. The implementation of the above investment projects still requires approval or filing by relevant government departments such as the Development and Reform Commission, the commercial department, etc., and approval or registration from Vietnam's local authorities. Therefore, it is requested that the chairman of the company be authorized to formulate and implement specific plans, apply for investment registration, hire an agency to serve as an intermediary, establish a Vietnam Sun Company and overseas structure construction, sign relevant agreements or documents such as land purchases, and handle other matters related to this matter.

Nuoli Co., Ltd. (603611.SH): Plans to invest no more than 1.2 billion dollars to build an intelligent logistics equipment production base

Nuoli Co., Ltd. (603611.SH) announced that according to the development strategy plan, Zhongding Integrated, a wholly-owned subsidiary of the company, plans to sell the right to use state-owned construction land located at plot XDG (HS) -2023-18, Huishan District, Wuxi City by means of an auction (subject to actual sale documents). After Zhongding Integrated obtains the state-owned land use rights mentioned above, it plans to invest no more than 1,2001.8 billion yuan to build an intelligent logistics equipment production base. The project is to be built in installments. The first phase of the project will invest no more than 350 million yuan. The specific project investment schedule is subject to the actual investment plan of the official project.

Changqing Technology (603125.SH): Plans to invest 10 billion yuan to build a new polymer material production base with an annual production capacity of 80,000 tons of paraphthalic anhydride, etc.

Changqing Technology (603125.SH) announced that the company plans to invest in the construction of a new polymer material production base in Gaogang District of Taizhou through its wholly-owned subsidiary Jiangsu Changqingshu New Material Technology (Taizhou) Co., Ltd., to lay a solid foundation for the company's continued development in the future. The Taizhou production base project has a total long-term investment of about 10 billion yuan and will be implemented in three phases. The initial planned investment amount for the first phase of the project (this project) is about 3 billion yuan (based on the actual investment amount in the end). There are no clear investment plans for the second and third phase projects. If there is any further progress, separate review and information disclosure procedures will be carried out.

Project name: New polymer materials production base (Phase I). The project plans to build an annual production capacity of 80,000 tons of paraben triacid anhydride, 10,000 tons of homophthalic acid, 110,000 tons of diisopropylbenzene series products, 20,000 tons of mesocresol, 20,000 tons of aromatic dibasic tertiary carbon alcohol, 50,000 tons of 3,4 dimethylbenzaldehyde, 20,000 tons of methyl isobutyl methanol, and a total of about 80,000 tons of co-products. (The above products and production capacity are preliminary plans for this project and may be adjusted in the future according to actual implementation).

[Contract won the bid]

High Speed Rail Electric (688285.SH): Won the bid of 596.602 million yuan for the JC07 project, a key component of the new Shenyang-Baihe high-speed railway contact network

High Speed Rail Electric (688285.SH) announced that Baoji Baodeli Electric Equipment Co., Ltd. (“Baudley”), a holding subsidiary of the company, recently received a “Notice of Winning Bid” from Beijing-Shenzhen Railway Passenger Dedicated Line Liaoning Co., Ltd., with a bid amount of 596.602 million yuan (tax included).

Dashi Intelligence (002421.SZ): Signed the 10.988 million yuan Yahuilong Kai Tak Building Project

Dashi Intelligence (002421.SZ) announced that recently, Shenzhen Dashi Intelligence Co., Ltd. and Shenzhen Yahuilong Biotechnology Co., Ltd. agreed on matters relating to the intelligent project of the Yahuilong Kai Tak Building and formally signed a project contract with a contract amount of 10.988 million yuan.

[[Share acquisition]

Yingfangwei (000670.SZ) announced a report (draft) on issuing shares and paying cash to purchase assets and raising supporting capital and related transactions (draft). The listed company plans to purchase 39% of Huaxinke's shares and 39% of its shares in World Style by issuing shares from Yu Xin Investment and paying cash, and plans to purchase 10% of its Huaxinke shares and 10% of its shares in World Style by issuing shares to Shanghai Ruiyi. The listed company currently holds 51% of the shares in the target company. After the transaction is completed, the target company will become a wholly-owned subsidiary of the listed company.

Zhaoxin Shares (002256.SZ): Plans to transfer all shares of micro, small and medium-sized enterprises for no less than 150 million yuan

Zhaoxin Co., Ltd. (002256.SZ) announced that the company held the 44th meeting of the 6th board of directors on May 15, 2024 to review and pass the “Proposal on Transferring All Shares of Shenzhen Micro, Small and Medium Enterprises Investment Management Co., Ltd.” to reduce the company's financial investment share and optimize the company's foreign investment structure, while further focusing on the main business, improving asset structure, optimizing resource allocation, reducing the company's operating risks and improving the quality of company development. The company plans to adjust related business and sell the participating company Shenzhen Small, Medium and Micro Enterprise Investment Management Co., Ltd. ( (hereinafter referred to as “micro, small and medium-sized enterprises” or “target companies”) All shares. The counterparty for this equity transfer is currently uncertain. The company plans to negotiate and determine through public listing, agreement transfer, etc. Since the book value of the reference target company is 180 million yuan, combined with the recent comparable share transaction pricing of the target company on the market, it is expected that the transfer price will not be less than RMB 150 million.

Nandu Power (300068.SZ): Plans to transfer 2.1804% of Zhejiang Kong Hui's shares to Suikai Shunhui Industrial Fund

Nandu Power (300068.SZ) announced that the company (“transferor”) holds 5.4393% (corresponding registered capital of 10315.44 million yuan) of Zhejiang Konghui Automobile Technology Co., Ltd. (hereinafter referred to as “Zhejiang Konghui” or “target company”). In order to implement the company's development strategy, further focus on the main energy storage and lithium battery businesses, while optimizing the asset structure and improving resource utilization efficiency, the company plans to transfer 2.1804% of its shares (corresponding registered capital of 413,500 yuan) to Guangzhou Suikai Shunhui Industrial Investment Fund (limited partnership) (hereinafter referred to as “Suikai Shunhui Industrial Fund” or “transferee”), the transaction consideration was RMB 93,012,69 million. After the transfer was completed, the company held 3.2589% of Zhejiang Kong Hui's shares (corresponding registered capital of 6180.44 million yuan).

Hesong Technology (300477.SZ): Hunan Yacheng plans to transfer 55.00% of Guizhou Yacheng's shares to Youshan Technology for 130 million yuan

Hezong Technology (300477.SZ) announced that the company's holding company, Hunan Yacheng Renewable Energy Co., Ltd. (“Hunan Yacheng”), holds 55.00% of the shares in Guizhou Yayyou New Materials Co., Ltd. (“Guizhou Yayou” for short) and is a shareholder of Guizhou Yayou Holdings. In order to further optimize the company's asset structure, improve operational quality and efficiency, and in line with its own strategic plans and business development, Hunan Yacheng plans to transfer 55.00% of its shares in Guizhou Yayou to Zhejiang Youshan New Material Technology Co., Ltd. (“Youshan Technology” for short) at a consideration of 130 million yuan. After the transaction was completed, Hunan Yacheng no longer holds shares in Guizhou Yacheng, and Guizhou Yacheng is no longer included in the scope of the consolidated statements of the listed company and Hunan Yacheng.

[Business data]

Huatong Co., Ltd. (002840.SZ): April pig sales revenue of 365 million yuan

Huatong Co., Ltd. (002840.SZ) announced that in April 2024, the company sold 201,454 pigs (including 4,213 piglets), a month-on-month change of -14.80% and a year-on-year change of -0.01%. In April 2024, the company's pig sales revenue was 364.7727 million yuan, a month-on-month change of -9.31%, and a year-on-year change of 20.59%. In April 2024, the average sales price of commercial pigs was 15.20 yuan/kg, up 3.40% from March 2024. The number of chickens sold in April 2024 was 1,805,900, a month-on-month change of -11.61% and a year-on-year change of 46.28%. Chicken sales revenue in April 2024 was 20.3874 million yuan, a month-on-month change of -11.80% and a year-on-year change of -2.51%. The main reason for the year-on-year change in chicken sales in April 2024 was due to an increase in sales volume.

HNA Holdings (600221.SH): Passenger traffic increased 4.9% year-on-year in April

HNA Holdings (600221.SH) announced that in April 2024, the Group's revenue in passenger kilometers fell 0.33% month-on-month, up 11.39%; passenger traffic volume fell 2.82% month-on-month, up 4.90% year-on-year; passenger capacity investment (measured in usable passenger kilometers) fell 0.92% month-on-month, up 7.61% year-on-year.

Hainan Airport (600515.SH): Passenger throughput of 1.796 million passengers fell 16.53% year-on-year in April

Hainan Airport (600515.SH) released airport business production and operation data for April. Passenger throughput was 1.796 million passengers, down 16.53% year on year, and cargo and mail throughput was 13,209 tons, up 5.12% year on year.

[Repurchase]

Kechuan Technology (603052.SH): Plans to spend 50 million yuan to repurchase shares

Kechuan Technology (603052.SH) announced that the company plans to repurchase shares for equity incentives or employee stock ownership plans. The share repurchase amount is not less than RMB 50 million (inclusive) and not more than RMB 10 million (inclusive). The repurchase price shall not exceed RMB 50 per share (inclusive).

Utomi Optics (300790.SZ): Plans to spend 9 million yuan to 18 million yuan to buy back shares

Utsumi Optics (300790.SZ) announced that the company plans to use its own funds to repurchase some of the company's A-shares issued by the company through centralized bidding transactions. The total amount of capital used to repurchase shares this time is not less than RMB 9 million (inclusive) and not more than RMB 18 million (inclusive). Under the condition that the price of the shares to be repurchased does not exceed 20.00 yuan/share (inclusive), the total number of shares that can be repurchased is estimated to be 900,000 shares, accounting for 0.27% of the current total share capital; according to the lower limit of the total repurchase capital, the total number of shares that can be repurchased is estimated to be 450,000 shares, accounting for 0.13% of the current total share capital. The details are based on the actual number of shares to be repurchased on the day the company announced the repurchase plan was completed. The implementation period for this share repurchase is within 3 months from the date the board of directors of the company reviewed and approved the share repurchase plan. All of the shares repurchased will be used to implement the employee stock ownership plan or equity incentive plan. If the company fails to use the repurchased shares for the above purposes within 36 months from the announcement of the completion of the repurchase, the unused portion of the repurchased shares shall be cancelled.

Iwayama Technology (002195.SZ): Plans to spend 100 million yuan to 120 million yuan to buy back shares

Iwayama Technology (002195.SZ) announced that the company plans to use its own funds to repurchase some of the company's public shares through centralized bidding transactions. The shares repurchased will be used to reduce the company's registered capital and cancelled within 10 days from the date the repurchase is completed. The total amount of capital to be repurchased is not less than RMB 10.00 million (including this amount, no less than 30% of the net profit attributable to shareholders of the parent company in 2023) and no more than RMB 120.1 million (including this amount), and the repurchase price is no more than RMB 4.40 per share. The total amount of repurchase capital is based on the total amount of capital actually used, and the specific number of shares to be repurchased is based on the actual number of shares repurchased at the end of the repurchase period. The implementation period for this share repurchase is within 6 months from the date the board of directors of the company reviewed and approved the repurchase plan.

Hengrui Pharmaceutical (600276.SH): Plans to repurchase 600 million yuan to 1.2 billion yuan of company shares

Hengrui Pharmaceutical (600276.SH) announced that the total capital to be repurchased is not less than RMB 600 million, not more than RMB 1.2 billion for company shares; the repurchase price will not exceed RMB 67.38 per share.

Zhongjian Technology (300777.SZ): Plans to repurchase 15 million yuan to 30 million yuan of company shares

Zhongjian Technology (300777.SZ) announced that it plans to repurchase the company's shares with a total capital of not less than RMB 15 million and no more than RMB 30 million, and that the share repurchase price will not exceed RMB 41.14 per share.

Yanjin Shop (002847.SZ) announced that Mr. Zhang Xuewen (one of the actual controllers), a shareholder holding 5% or more of the company's shares, holds 31,403,717 shares, accounting for 16.02% of the company's total share capital. Mr. Zhang Xuewen plans to reduce the total share capital within 3 months after 15 trading days from the date of disclosure of this announcement (that is, from June 6, 2024 to September 4, 2024, excluding the period prohibited by relevant laws and regulations). The total reduction of the company's total share capital through bulk transactions and/or centralized bidding transactions shall not exceed 2,939,879 shares, that is, no more than 2,939,879 shares of the total share capital of the company The ratio is 1.5%.

*ST Cultural Investment (600715.SH): Xiamen Trust Huijin No. 1667 plans to reduce its holdings by no more than 1%

*ST Cultural Investment (600715.SH) announced that due to capital requirements, Xiamen Trust Huijin No. 1667 plans to reduce the company's stock holdings by no more than 18,548,535 shares through centralized bidding between June 6, 2024 and September 3, 2024, by no more than 1% of the company's total share capital.

Fuda Shares (603166.SH): Fuda Group plans to reduce its holdings by no more than 3%

Fuda Co., Ltd. (603166.SH) announced that due to its own capital requirements, Fuda Group plans to reduce its holdings of the company's shares by no more than 19,386,000 shares, that is, no more than 3% of the company's total share capital through centralized bidding and bulk transactions. The reduction price is based on the market price. The reduction period is 3 months after 15 trading days from the date of disclosure of this announcement.

Heyuan Biotech (688238.SH): Shanghai Tanying, Shanghai Qiangang, and Shanghai Leyong plan to reduce their total holdings by no more than 1.5%

Heyuan Biotech (688238.SH) announced that the company's shareholders Shanghai Tanying, Shanghai Qiangang, and Shanghai Leyong plan to reduce their holdings of the company's shares through centralized bidding and bulk transactions. The total number of reduced shares will not exceed 9,711,496 shares, accounting for no more than 1.5% of the company's total share capital.

[Other]

Fuda Co., Ltd. (603166.SH): Proposed capital increase of no more than 300 million yuan

Fuda Co., Ltd. (603166.SH) announced that it plans to raise no more than RMB 300,000 in additional capital. After deducting the relevant issuance fees, all of the net capital raised will be used for the NEV hybrid crankshaft intelligent manufacturing project.

Haitian Co., Ltd. (603759.SH): Signed a strategic cooperation agreement

Haitian Co., Ltd. (603759.SH) announced that it recently signed a written strategic cooperation agreement with the Sichuan Tianfu New Area Management Committee and Petrochemical Industrial Group (Hong Kong) Co., Ltd. The two sides agreed to carry out in-depth cooperation in the fields of municipal water supply and drainage, new photovoltaic energy, and water environment management in Tianfu New Area.