[Focus on hot topics]

Yaxiang Integrated (603929.SH) announced that the cumulative deviation value of the company's stock price increase reached 35.21% during the four consecutive trading days of October 26, October 27, October 30, and October 31, 2023. The company's stock price fluctuated greatly in the short term; as of October 31, 2023, the company's closing price was 23.50 yuan. According to the Securities Regulatory Commission industry price-earnings ratio data of October 31, 2023 released by China Securities Index Co., Ltd., the static price-earnings ratio of the company's A shares was 33.31, the static price-earnings ratio of the construction industry was 7.39, and the average static price-earnings ratio of construction companies in the same industry was 28.69. The company's price-earnings ratio level was significantly higher than the industry average and the same industry average.

The company is mainly engaged in the design, construction and consulting of dust-free and sterile purification systems, equipment and peripheral mechanical and electrical installation projects, air purification engineering, building decoration engineering, intelligent building engineering, fire protection engineering, environmental protection engineering, pipeline engineering, and container installation engineering. Up to now, the company's main business has not changed and all production and operation activities are normal, and there are no major issues affecting abnormal fluctuations in the company's stock trading price.

Tianlong Co., Ltd. (603266.SH): Currently, the main source of revenue is still mainly auto parts for traditional fuel vehicles, and the NEV business accounts for a relatively small share

Tianlong Co., Ltd. (603266.SH) announced abnormal fluctuations in stock trading. The company is mainly engaged in mold, injection molding and assembly business, accounting for more than 99% of revenue, and will not change in the short term. Currently, the company's main source of revenue is still mainly auto parts for traditional fuel vehicles, and the NEV business accounts for a relatively small share. From January to September 2023, the company's net profit decreased by 9.97% year on year. At the same time, the company's revenue scale was relatively small and its profitability was relatively limited.

The Agricultural Bank of China (601288.SH) announced that with the approval of the China General Administration of Financial Supervision and Administration and the People's Bank of China, the Bank publicly issued the “Agricultural Bank of China Co., Ltd. 2023 Secondary Capital Bonds (Phase III)” (hereinafter referred to as “Current Bonds”) in the national interbank bond market, and the issuance was completed on October 31, 2023.

The total issuance scale of this issue is RMB 60 billion, divided into two types. Type 1 is a 10-year fixed interest rate bond with an issuance scale of 30 billion yuan, with a coupon interest rate of 3.45%, and issuer redemption rights with preconditions at the end of the 5th year; type 2 is a 15-year fixed interest rate bond, with an issuance scale of 30 billion yuan, a coupon interest rate of 3.55%, and issuer redemption rights with preconditions at the end of the 10th year. The funds raised by the current bond will supplement the Bank's Tier 2 capital in accordance with applicable laws and regulatory approval.

Qianjiang Water Resources (600283.SH) announced that in order to consolidate the company's position in the Zhejiang water market and further expand the Fujian water market, the company plans to participate in bidding for 100% of the shares of Dongyang Huachen Water Co., Ltd., 51% of Dongyang China Power Construction Water Co., Ltd., and 100% of Fujian Huadong Water Co., Ltd., which were publicly listed and transferred by the East China Academy on October 20, 2023.

Traffic Control Technology (688015.SH): It is planned to jointly carry out the “Research and Application of a Complete Set of Key Technologies for the Complete System of High-Safety SIL4 Platform Doors” scientific research project with related parties

Traffic Control Technology (688015.SH) announced that its wholly-owned subsidiary Traffic Control Technology Equipment Co., Ltd. plans to sign a scientific research project agreement with Beijing Infrastructure Investment Co., Ltd., Beijing Rail Transit Construction Management Co., Ltd., and Beijing Dinghan Technology Group Co., Ltd. to jointly develop a high-safety SIL4 platform door system and complete technology. Each party bears the costs incurred during the process itself, and the investment amount for traffic control equipment is 1.8 million.

[Contract won the bid]

Zhonglan Environmental Protection (300854.SZ) announced that recently, the Jingmen Public Resources Electronic Trading Platform announced the “Jingmen Domestic Waste Landfill Ecological Remediation Project EPC General Contracting Results Notice”. China Municipal Engineering Zhongnan Design and Research Institute Co., Ltd., Jingmen Tiancheng Municipal Construction Co., Ltd. and a consortium of companies were the winning bidders for the project. The winning bid price was 117,328,140.00 yuan.

China Power Construction (601669.SH): Signed an EPC general contract for the US$957 million integrated water conservancy hub project in Argentina

China Power Construction (601669.SH) announced that recently, the Argentina branch of China Electric Power Construction Co., Ltd., a subsidiary of China Electric Power Construction Co., Ltd. signed an EPC general contract with Catamarca and Turkmenistan provinces in Argentina. The contract amount is about 957.12 million US dollars, equivalent to about 6871.77 million yuan. The project is located in Catamarca and Turkmen provinces in Argentina. The proposed construction includes the design, supply and construction of the dam hub project (main port dam, two overflow dams, water intake tunnels, water diversion tunnels, pressure steel pipe sections, plant buildings, etc.); entrance road; 59 km of power transmission and transformation project, 1 substation, road 65, length about 25 km; providing housing and ancillary facilities for 42 immigrant families. The total construction period of the project was approximately 1,642 days.

China Power Construction (601669.SH): Subsidiary signs contract agreement for US$800 million 1000 MW wind power project in Xekong, Laos

China Power Construction (601669.SH) announced that recently, China Power Construction Group International Engineering Co., Ltd., a subsidiary of China Electric Power Construction Co., Ltd. and Yingpai Energy Asia Co., Ltd. signed an EPC contract agreement for the design, procurement and transportation of a 1,000MW wind power project in Xekong, Laos. The contract amount is approximately US$80 million, equivalent to approximately RMB 5743.68 million. The project is located in Xekong Province, Laos. The proposed construction project includes the design and procurement of a 1,000MW wind farm and transportation work outside Laos, including power plant engineering design, fan foundation, procurement of equipment related to electrical engineering such as booster stations, transmission and transformation lines, and transportation outside of Laos. The total construction period of the project is expected to be 40 months.

Youfang Technology (688159.SH): Won the bid of 95 million yuan for China Telecom Ningxia's 2023 centralized procurement project for computing power services

Youfang Technology (688159.SH) announced that the company previously participated in the public tender for China Telecom Ningxia Company (hereinafter referred to as the “tenderer”) for the 2023 centralized procurement project for computing power services (hereinafter referred to as the “Project”). On October 31, 2023, the company received the “Notice of Winning the Tender” issued by the project bidding agency Gongcheng Management Consulting Co., Ltd. confirming that the company won the bid section 2 (tender number: 08-11-04A-2023-D-A20771). The estimated amount without tax is RMB 95 million. Subsequent bidders will follow The tender documents and tender documents sign a contract with the company.

Shandong Road and Bridge (000498.SZ): The consortium won the bid for the DLSG-1 section of the Dongliang Expressway Shenhai Expressway to Xintai section of the Dongliang Expressway project

Shandong Road and Bridge (000498.SZ) announced that a consortium formed by the company's subsidiary Shandong Binzhou Highway Engineering Co., Ltd. and its subsidiary Shandong Expressway Transportation Construction Group Co., Ltd. was identified as the bid unit for the construction section 1 of the Dongliang Expressway Shenhai Expressway to Xintai Section (“Project”). Recently, each subsidiary of the company participating in the project received a “Notice of Winning Bid” issued by the tenderer Shandong Expressway Infrastructure Construction Co., Ltd., and a consortium formed by Shandong Binzhou Highway Engineering Co., Ltd. as the lead party and Shandong High Speed Transportation Construction Group Co., Ltd. were identified as the bidders in the DLSG-1 bid section of the project. The winning bid price was approximately RMB 2.99 billion. Construction period: 1095 calendar days. Project quality: Quality assessment of delivery acceptance: qualified; quality assessment of completion acceptance: excellent. Project safety goals: No safety liability accidents occurred during project implementation.

Weisheng Information (688100.SH): Won the bid for the 49.1278 million yuan procurement project

Weisheng Information (688100.SH) announced that in October, the company won the bid for the second distribution network material agreement inventory procurement project of the State Grid Shandong Electric Power Company in 2023 (winning bid amount of RMB 27.5021 million) and the State Grid Shanghai Electric Power Company's fifth distribution network material agreement inventory tender procurement project in 2023 (winning bid amount of RMB 21.625,800). The winning projects disclosed by the Company were only those with a winning bid amount of 10 million yuan (inclusive) or more. The total bid amount for the above projects was approximately RMB 49,127,800, accounting for 2.45% of the company's total audited revenue in 2022.

Beijiajie (603059.SH) announced that according to clause 10.3 of the “Share Transfer Agreement”, Beijiajie has transferred all of its rights and obligations under the “Share Transfer Agreement” to its wholly-owned subsidiary Nanjing Yujie Technology Co., Ltd. On October 31, 2023, Nanjing Zijie Technology Co., Ltd. received a copy of the new shareholder register (stamped with the official seal of the company) from Weimizi. At this point, the sale of 16.4967% of Vimice's shares has been completed.

Shunxin Agriculture (000860.SZ): Application for re-listing of Shunxin Jiayu's 100% equity project transfer reserve price was adjusted to 2,259 billion yuan

Shunxin Agriculture (000860.SZ) announced that according to the “Notice of Information Disclosure Results” issued by the Beijing Property Exchange on October 28, 2023, the information disclosure period for this project expires on October 27, 2023, and no intended transferees have been solicited. According to the authorization of the company's 2nd Extraordinary General Meeting of Shareholders in 2023 and the 8th meeting of the 9th board of directors, the company applied to the Beijing Property Exchange to relist 100% of Shunxin Jiayu's equity project and adjusted the transfer reserve price to RMB 225,880.14 million. The listing announcement period is not less than 10 working days from the date of the announcement of the Beijing Property Exchange.

Tongfang Co., Ltd. (600100.SH): The estimated value of all shares of companies related to the computer business to be listed and transferred is 1,899 billion yuan

Tongfang Co., Ltd. (600100.SH) announced that the company plans to transfer 100% of the company's shares in Tongfang Computer, 100% of Tongfang International Information's shares, and 51% of Chengdu Zhihui's shares through public listing on the property rights exchange. Using November 30, 2022 as the reference date, the audited net asset book value of 100% of Tongfang Computer's shares, and 100% shares of Tongfang International Information and 51% of Chengdu Zhihui's shares was 1719.0994 million yuan, with an assessed valuation value of $189,8511,400, with an estimated value-added value of 179.41.2 million yuan, and a value-added rate of 10.44%. The above evaluation report has obtained the CNNC evaluation registration form. The current listing price refers to the assessed value after filing above, and finally forms the transaction price according to the delisting amount agreed on the property rights exchange.

Sun Moon Ming (300906.SZ) announced an indicative announcement on the listing and circulation of shares issued prior to the initial public offering. The shares that the company has lifted sales restrictions are some of the shares already issued by the company before the initial public offering. The number is 46,977,000 shares, accounting for 58.72% of the company's total share capital. The actual number of shares that can be listed and traded is 39.356.75 million shares, accounting for 49.20% of the company's total share capital. The listing and circulation date for the shares whose sale restrictions have been lifted is November 6, 2023 (Monday).

Nastar (002180.SZ): 25.1761 million restricted shares will be listed and circulated on November 6

Nastar (002180.SZ) announced an indicative announcement on the lifting of restrictions on the listing and circulation of some shares. The starting date for the release of restricted shares is November 4, 2021, and the sales restriction period is 24 months; the number of shares that have been lifted this time is 25,1761.24 million shares, accounting for 1.78% of the company's total shares; the total number of shareholders that have been lifted is 15.

[Repurchase]

Taienkang (301263.SZ): Plans to spend 30 million yuan to 50 million yuan to buy back the company's shares

Taienkang (301263.SZ) announced that in order to fully guarantee the continued business growth of Guangdong Taiankang Pharmaceutical Co., Ltd., encourage value creation, and further improve the long-term incentive mechanism, the company plans to use its own funds to repurchase the company's RMB common stock (A shares) shares (“this repurchase”) through centralized bidding transactions to implement the company's subsequent employee shareholding plans or equity incentives. The total capital for this repurchase is not less than RMB 30 million and no more than RMB 50 million (all inclusive), and the share repurchase price is not more than RMB 25.00 per share (inclusive). The upper limit of the repurchase price did not exceed 150% of the average trading price of the company's stock in the 30 trading days before the board of directors reviewed and approved the share repurchase resolution.

Ningde Times (300750.SZ): Plans to spend 2 billion yuan to 3 billion yuan to buy back the company's shares

Ningde Times (300750.SZ) announced that the company plans to use its own funds to repurchase some of the company's RMB common stock A shares through centralized bidding transactions. The total repurchase capital is intended to use no less than RMB 2 billion (including capital) and no more than RMB 3 billion (including capital) of own capital. The repurchase price is not higher than 150% of the average trading price of the company's shares in the 30 trading days before the board of directors of the company deliberates and passes the share repurchase resolution. The maximum repurchase price is 294.45 yuan/share.

Ruichuang Weina (688002.SH): Plans to spend 50 million yuan to 100 million yuan to repurchase shares

Ruichuang Weina (688002.SH) announced that the company plans to repurchase some of the RMB common shares (A shares) already issued by the company through centralized bidding transactions. The total repurchase capital is not less than RMB 50 million (inclusive) and not more than RMB 10,000 million (inclusive); the repurchase price is not higher than RMB 60 per share (inclusive).

[Increase or decrease in holdings]

Jinguan Electric (688517.SH): The controlling shareholder plans to increase the company's shares by 15 million yuan to 30 million yuan

Jinguan Electric (688517.SH) announced that it has received a notice from Henan Jinguan New Energy Group Co., Ltd., the controlling shareholder of the company. Based on confidence in the company's future development and recognition of the company's long-term investment value, Jinguan Group plans to increase its holdings of the company's shares through methods permitted by the Shanghai Stock Exchange trading system within 6 months from November 1, 2023, with a total increase of not less than RMB 15 million and no more than RMB 30 million.

Mengcao Ecology (300355.SZ): Actual controller Wang Zhaoming and his co-actors plan to increase the company's shares by 50 million yuan to 100 million yuan

Mengcao Ecology (300355.SZ) announced that the controlling shareholder and actual controller of the company, Mr. Wang Zhaoming, and its co-actors, Ms. Jiao Guoshan and Ms. Wang Xiuling, plan to increase their holdings within 6 months from the date of disclosure of the announcement. The total amount to increase their holdings is not less than RMB 50 million, not higher than RMB 10 million. The capital required to increase their holdings is self-raised capital.

Fuguang Co., Ltd. (688010.SH): The indirect controlling shareholder has increased the company's shares by a total of 5,016,900 yuan

Fuguang Co., Ltd. (688010.SH) announced that from August 18, 2023 to October 31, 2023, the indirect controlling shareholder Fuguang Technology Group and its holding subsidiary increased their holdings by a total of 235,663 shares through centralized bidding through the Shanghai Stock Exchange system, with a total increase of RMB 5016,900 (excluding transaction fees), which has exceeded 50% of the minimum limit of RMB 10 million of the current shareholding increase plan. The current shareholding increase plan has not yet been implemented. Fuguang Technology Group and its holding subsidiaries will continue to increase their holdings of the company during the implementation period of the increase in holdings in accordance with the relevant increase plan.

Hongbai New Materials (605366.SH): Actual controller Lin Qingsong plans to increase the company's shares by 5 million yuan to 10 million yuan

Hongbai New Materials (605366.SH) announced that from November 1, 2023 to February 1, 2024, Mr. Lin Qingsong, the actual controller and director, plans to take the opportunity to increase his holdings through the methods permitted by the Shanghai Stock Exchange trading system. Mr. Lin Qingsong plans to increase his holdings by no more than RMB 5 million and no more than RMB 10 million; within 12 months of the initial increase in holdings, the total increase in shares and the results of the previous increase plan will not exceed 2% of the company's total share capital. The price of the shares to be increased this time does not set a fixed price, price range, or cumulative reduction ratio. Mr. Lin Qingsong will take the opportunity to implement the plan to increase his holdings based on a reasonable judgment on the value of the company's shares.

[Other]

CICC (601995.SH): Issuing no more than 20 billion yuan of corporate bonds obtained registration approval

China Financial Corporation (601995.SH) announced that it recently received the “Approval to Register China International Finance Corporation's Public Issuance of Corporate Bonds to Professional Investors” (Securities Regulatory License (2023) No. 2429, hereinafter referred to as the “Approval”) from the China Securities Regulatory Commission (hereinafter referred to as the “China Securities Regulatory Commission”). According to the approval, the China Securities Regulatory Commission approved the company's registration application for public issuance of corporate bonds with a total face value of not more than 20 billion yuan to professional investors. The approval is valid for 24 months from the date of approval for registration, and the company can issue corporate bonds in installments during the registration period.

Tianzhun Technology (688003.SH) announced that the company recently signed an intelligent driving domain controller domain control hardware and basic software development service contract with a well-known domestic car company (limited to a confidentiality agreement and unable to disclose its specific name, hereinafter referred to as the “customer”). The company will become the customer's intelligent driving domain controller solution supplier, providing it with related hardware and basic software development services (limited to confidentiality agreements, no specific contract information will be disclosed for the time being). The company will strictly follow the requirements of the contract and complete the development, test verification, sample production and delivery of the specified products within the specified time. The customer is a leading company in the domestic automobile industry, ranked in the top 200 Fortune Global 500 companies in 2023, and the top 20 car companies. This time, the company received a fixed target for the customer's intelligent driving domain controller domain control hardware and basic software development service project, marking breakthrough progress in the field of mass production of passenger car front components in the field of mass production of passenger car front components.