[Focus on hot topics]
Lihang Technology (603261.SH): Currently, there is no revenue from businesses in the low-altitude economy sector
Lihang Technology (603261.SH) announced that the company's main business is aircraft ground support equipment, aircraft testing and inspection equipment, aircraft process equipment, aircraft parts processing, and aircraft parts assembly. The company's business has not changed since its listing. The company currently has no revenue from the low-altitude economy business. Investors are invited to pay attention to the risk of conceptual hype.
ST Guiren (603555.SH): The Shanghai Stock Exchange plans to terminate the company's stock listing
ST Guiren (603555.SH) announced that it has received the “Prior Notice Concerning the Intent to Terminate the Stock Listing of Guirenniao Co., Ltd.” issued by the Shanghai Stock Exchange Listed Company Management Department II. From February 1, 2024 to March 7, 2024, the daily stock closing price of the company's shares was below 1 yuan for 20 consecutive trading days. According to relevant regulations, the company's shares have reached the conditions for termination of listing. The firm will decide to terminate the listing of the company's shares in accordance with the provisions of section 9.1.10 and section 9.2.7 of the “Stock Listing Rules”.
[Investment projects]
Sailun Tire (601058.SH): Plans to invest US$251 million to build a project with an annual output of 3.6 million radial tires and 37,000 tons of off-road tires in Indonesia
Sailun Tire (601058.SH) announced that in order to meet the needs of Indonesia's local market and global strategic layout, the company plans to invest in the construction of a “project with an annual output of 3.6 million radial tires and 37,000 tons of off-road tires” in Indonesia. The total investment of the project was US$251.44 million, including construction investment of US$204.29 million, working capital of US$43.29 million, and interest during the construction period of US$3.86 million.
The project is to be carried out by SAILUN INTERNATIONAL HOLDING (SINGAPORE) PTE.LTD, a wholly-owned subsidiary of the company. (“Sailun Singapore” for short) is implemented by a wholly-owned subsidiary established in Indonesia. In order to meet Sailun Singapore's investment requirements for the registered capital of this wholly-owned subsidiary, the company plans to increase the capital of the relevant subsidiary. The specific capital increase path is: the company first increases the capital of Sailun International Holdings (Hong Kong) Limited (hereinafter referred to as “Sailun Hong Kong”) by US$98 million. After the capital increase is completed, Sailun Hong Kong will increase Sailun Singapore's capital by US$98 million.
[Contract won the bid]
Ningbo Construction Engineering (601789.SH): The consortium won the 474 million yuan Mianyang Science and Technology City Aviation Industrial Park infrastructure construction project
Ningbo Construction Engineering (601789.SH) announced that the consortium formed by Ningbo Municipal Engineering Construction Group Co., Ltd. (hereinafter referred to as the “Municipal Group”), the holding subsidiary of the company, and Information Industry Electronics Eleventh Design and Research Institute Technology Engineering Co., Ltd. (hereinafter referred to as the “Eleventh Institute”) recently received a “Notice of Winning Bid” issued by the tenderer Mianyang Science and Technology City Aviation Industry Investment Holdings Co., Ltd., according to the “Notice of Winning the Bid” and the tender notice, the consortium formed by the Municipal Group and the 11th Academy was the winning bidder for the Mianyang Science and Technology City Aviation Industrial Park infrastructure construction project. 4.74 billion yuan.
Garden Co., Ltd. (605303.SH): The consortium won the bid for the seventh section of the Qingdao Zhangcun River (Laoshan Section I North Bank) Comprehensive Treatment Project (Comprehensive Remediation Section) (General Project Contract)
Garden Co., Ltd. (605303.SH) announced that the company recently received the “Notice of Winning Bid” from Qingdao Caikun City Construction and Development Co., Ltd. (tender unit), confirming that the consortium formed by Qingdao Ancient Construction Group Co., Ltd. (leader), Qingdao Municipal Engineering Design and Research Institute Co., Ltd. (member), and Hangzhou Landscaping Co., Ltd. (member) is the winning bid for the 7th section (general contract) of the Qingdao Zhangcun River (Laoshan Section I North Bank) Comprehensive Treatment Project (Comprehensive Remediation Section) The total bid price of the unit was 93.9509 million yuan.
Jiangsu Beiren (688218.SH): Received a purchase order confirmation of 96.884 million yuan
Jiangsu Beiren (688218.SH) announced that it has received a “Purchase Order Confirmation” and “Purchase Order” from an international auto parts brand customer. The order amount including tax was RMB 96.8984 million. The company provides an overall solution for intelligent manufacturing of new energy vehicle chassis for the target project, including solution design, processing, installation and commissioning, warranty, after-sales, etc., to the completion of the project, and complete the entire intelligent manufacturing process of the automobile chassis assembly production line. The implementation site of this project is located in China.
Dalian Electric Porcelain (002606.SZ): Large porcelain materials won a total pre-bid of about 66.3 million yuan for the National Grid Project
Dalian Electric Porcelain (002606.SZ) announced that on March 7, 2024, State Grid Co., Ltd. published the “Announcement of Successful Candidates Recommended for the Third Batch of Procurement by State Grid Corporation in 2024 (First Circuit Installation Material Bidding and Procurement for Transmission and Transformation Projects)” (hereinafter referred to as “Notice 1”) and the “Announcement of the winning candidates recommended by State Grid Co., Ltd. for the first batch of procurement in 2024 (first substation equipment (including cable) tender procurement) for power transmission and transformation projects” (hereinafter referred to as “Notice 2”). Dalian Electric Porcelain Group Electric Transmission and Transformation Materials Co., Ltd. (“Big Porcelain Materials” for short), a wholly-owned subsidiary of Dalian Electric Porcelain Group Co., Ltd., was the recommended winning candidate for the above tender.
According to Public Notice 1, Big Porcelain Materials is the third batch of procurement by State Grid Co., Ltd. in 2024 (first circuit installation material tender procurement for power transmission and transformation projects) ~ recommended winning candidates for insulator package 12, package 16, package 20, and package 25. Large porcelain materials won the pre-bid bid for about 59,000 composite insulators and 117,000 pieces of porcelain insulators, with a pre-bid amount of about 58 million yuan; according to Public Notice 2, the first batch of procurement of large porcelain materials in 2024 (first substation equipment (including cable) for power transmission and transformation projects) ~ pillar procurement Recommendations for insulator pack 4 The winning candidate won the bid for Dacai Material's pre-bid for about 3,500 columns of pillar insulators, with a pre-bid amount of about 8.3 million yuan; according to the above announcement, the total pre-bid amount for Dacai Materials was about 66.3 million yuan, accounting for 5.50% of the company's total audited operating revenue in 2022.
Jinguan Electric (688517.SH): won the bid of 270.28 million yuan for procurement related to the national grid
Jinguan Electric (688517.SH) announced that recently, the winning candidates recommended for the first batch of procurement in 2024 (first tender procurement of substation equipment (including cables) for power transmission and transformation projects) were announced. Jinguan Electric Co., Ltd. won the bid for the largest package of lightning arresters, with a bid amount of 27.28 million yuan. The winning projects disclosed by the Company were only those with a winning bid amount of 20 million yuan (inclusive) or more. The winning bid amount accounted for about 4.19% of 2023 revenue (2023 revenue data unaudited), and the execution of the winning contract will have a positive impact on the company's future business performance.
[[Share acquisition]
Tuobang Co., Ltd. (002139.SZ): Plans to acquire 28.46% of the shares in Research and Control Automation
Tuobang Co., Ltd. (002139.SZ) announced that the company held the 8th meeting of the 8th board of directors on March 11, 2024 to review and pass the “Proposal on Planning to Acquire Minority Shareholders' Shares in Holding Subsidiaries”, and Shenzhen Research and Transportation Investment Enterprise (Limited Partnership) (“R&D Investment”) to hold a total of 28.46% of the shares of Shenzhen Research and Control Automation Technology Co., Ltd. (hereinafter referred to as “R&D Automation”). In order to support the company's strategic development needs in the field of industrial control, the company plans to acquire all shares in R&D automation held by Zhu Juzhong, Research and Operation Investment. After all of the above matters are completed, the company will hold 100% of the shares in R&D Automation, and Zhu Juzhong, Research and Operation Investment will no longer hold shares in R&D Automation.
Xinya Electronics (605277.SH): Plans to buy 3.26% of Xianglong Technology's shares for 11 million
Xinya Electronics (605277.SH) announced that the company plans to use its own capital of 11 million yuan to purchase 2 million shares of Suzhou Xianglong Jiaye Electronic Technology Co., Ltd. (“Xianglong Technology”) held by natural person Chen Jinsong, accounting for 3.26% of the total share capital of Xianglong Technology. The transfer price per share is 5.5 yuan/share. The transaction method is carried out by mutual reporting of large transactions and confirmation of transactions on the New Third Board share transfer system.
Huafeng Co., Ltd. (002806.SZ): Gaoyao Huafeng plans to sell 1.235% of the shares in Qingyan Electronics to Cooperative Entrepreneurship
Huafeng Co., Ltd. (002806.SZ) announced that Zhaoqing Gaoyao District Huafeng Electronic Aluminum Foil Co., Ltd. (“Gaoyao Huafeng” or “wholly-owned subsidiary” or “Party A”), a wholly-owned subsidiary of the company, intends to sell 1.235% of its shares in Shenzhen Qingyan Electronic Technology Co., Ltd. (“Qingyan Electronics” or “Target Company”) to Shenzhen Lihe Venture Capital Co., Ltd. (“Lihe Chuangye” or “Party B” for short). The price of the underlying assets of the sale is RMB 4.81 million. After friendly negotiations, parties A and B signed the “Equity Transfer Agreement” on the transfer of 1.235% of the shares of Qingyan Electronics from Party A to Party B (corresponding registered capital of 17998.52 million yuan, paid 17998.52 million yuan, unpaid 0.0,000 yuan). The transaction price of this share sale and the details of the agreement shall be subject to the final actual signed agreement, and the company will promptly fulfill its obligation to disclose information according to the actual progress of the transaction. After the equity transfer was completed, Gaoyao Huafeng still held 12.4887% of the shares in Qingyan Electronics.
[Performance data]
Anjiao Intelligent Electronics (300617.SZ): Net profit for 2023 increased by 32.87% to 201 million yuan, planned to be 10 to 1.8 yuan
Anjiao Intelligent Electronics (300617.SZ) announced its 2023 annual report. In 2023, the company achieved operating income of 958 million yuan, up 23.99% year on year; net profit attributable to shareholders of listed companies was 201 million yuan, up 32.87% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 163 million yuan, up 33.09% year on year; basic income per share was 1.23 yuan; it plans to distribute a cash dividend of 1.80 yuan (tax included) for every 10 shares to all shareholders.
Electro-optic Technology (002730.SZ) Performance Report: 2023 net profit of 119 million yuan increased 33.13% year over year
Electro-Optical Technology (002730.SZ) announced its 2023 annual results report. During the reporting period, it achieved total operating revenue of 1,377 million yuan, an increase of 11.95% year on year, operating profit of 136 million yuan, up 44.36% year on year, net profit attributable to shareholders of listed companies of 119 million yuan, an increase of 33.13% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 104 million yuan, an increase of 30.80% year on year.
Ningbo Fidelity (600724.SH): Net profit in 2023 fell 5.71% year-on-year to 230 million yuan, and plans to distribute 10 to 1.50 yuan
Ningbo Fidelity (600724.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 3.167 billion yuan, a year-on-year decrease of 2.73%; net profit attributable to shareholders of listed companies of 230 million yuan, a year-on-year decrease of 5.71%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 189 million yuan, a year-on-year decrease of 16.08%; and basic earnings per share of 0.1,592 yuan. According to the “Cash Dividend Guidelines for Companies Listed on the Shanghai Stock Exchange” and the “Articles of Association”, the company plans to distribute a cash dividend of 1.50 yuan (tax included) for every 10 shares based on the company's total share capital of 1,445,241,071 shares on December 31, 2023.
[Repurchase]
Jin Baize (301041.SZ): Plans to repurchase 30 million yuan to 60 million yuan of company shares
Jin Baize (301041.SZ) announced that it plans to use its own funds to repurchase the company's shares. The total capital to be repurchased is not less than RMB 30 million and not more than RMB 60 million, and the price range of the repurchased shares shall not exceed 29.00 yuan/share.
Hisense Vision (600060.SH): Plans to repurchase 377 million yuan to 753 million yuan of company shares
Hisense Video (600060.SH) announced that the total capital to be repurchased is not less than RMB 376.7085 million, not more than RMB 753.417 million for the company's shares, and the repurchase price will not exceed RMB 30.00 per share.
Dafeng Industrial (603081.SH): Plans to repurchase 100 million yuan to 200 million yuan of company shares
Dafeng Industrial (603081.SH) announced that the total amount of capital to be repurchased is not less than RMB 100 million, no more than RMB 200 million of the company's shares, and the repurchase price will not exceed RMB 15.50 per share.
Riyadh (300296.SZ): Plans to buy back 30 million yuan to 60 million yuan of company shares
Riyadh (300296.SZ) announced that the total capital to be repurchased is not less than RMB 30 million and no more than RMB 60 million of the company's shares, and the repurchase price range is not more than RMB 7.40 per share.
Planet Graphite (688633.SH): Plans to spend 10 million yuan to 20 million yuan to buy back shares
Planet Graphite (688633.SH) announced that the company's current repurchase is used to protect the company's value and shareholders' rights, and that the shares obtained from the repurchase will be sold in the future; the total capital used for the repurchase is not less than RMB 10 million (inclusive) and no more than RMB 20 million (inclusive); the price of the shares repurchased will not exceed RMB 34.40 per share.
[Increase or decrease holdings]
Tianshan Electronics (301379.SZ): Shareholder Li Xiaoyong and his co-actors plan to reduce their total holdings by no more than 3%
Tianshan Electronics (301379.SZ) announced that Li Xiaoyong, the shareholder of the company, and his co-actor, Shenzhen Zhongjin Blue Ocean Asset Management Co., Ltd. (“CICC Blue Ocean”), held a total of 9,100,000 shares of the company as of the announcement date, accounting for 8.98% of the company's total share capital. It plans to reduce the total holdings of the company's shares by no more than 1% of the company's total shares through centralized bidding within three months after 15 trading days from the date of disclosure of the announcement, to reduce the total number of company shares by no more than 2% of the company's total shares through bulk transactions within three months after the date of disclosure of the announcement, and to reduce the total number of shares held through centralized bidding transactions on the stock exchange within any 90 consecutive days. The total number of shares reduced through bulk trading shall not exceed 2% of the total number of shares of the company.
Huaying Agriculture (002321.SZ): The actual controller and some directors, supervisors, and senior management increased their holdings by 4.8088 million shares
Huaying Agriculture (002321.SZ) announced that as of March 11, 2024, the implementation time for this plan to increase holdings was over half. The company's actual controller and some directors, supervisors, and senior management increased their holdings of the company's shares by a total of 4.8088 million shares through centralized bidding transactions on the Shenzhen Stock Exchange, accounting for 0.2255% of the company's total share capital, and a total increase of 9.117,800 yuan. The implementation of this plan to increase holdings has not yet been completed, and the entities that have increased their holdings will continue to increase their holdings of the company according to the established holdings increase plan.
Shouhua Gas (300483.SZ): Tibet Kejian plans to reduce its total holdings by no more than 3%
Shouhua Gas (300483.SZ) announced that the company's stock, Xizang Kejian Enterprise Management Co., Ltd. plans to reduce the company's shares through centralized bidding and bulk transactions. The total number of shares reduced by no more than 1% of the company's total share capital through centralized bidding within 3 months after 15 trading days from the date of disclosure of the announcement, that is, no more than 2,645,751 shares; that is, no more than 2,645,751 shares; From the date of disclosure of the announcement3 (Shares reduced by no more than 2% of the company's total share capital through bulk transactions within 3 months after each transaction date, that is, no more than 5,291,503 shares, and within any 90 consecutive natural days, the total number of reduced shares does not exceed 2% of the company's total share capital, that is, no more than 5,291,503 shares.)
Mountain Eagle International (600567.SH): Actual controller Wu Mingwu increased the company's A shares by 1.02%
Mountain Eagle International (600567.SH) announced that as of March 11, 2024, the time for this increase in holdings was over. From February 5, 2024 to March 11, 2024, the actual controller, Mr. Wu Mingwu, increased his A-share holdings by 457.296 million shares through centralized bidding transactions in the secondary market, accounting for 1.02% of the total number of shares issued by the company. The increase in holdings was RMB 84.4918 million (excluding transaction fees). Affected by factors such as capital market price fluctuations and own operating arrangements, the increase in holdings did not exceed 50% of the promised amount. The implementation of this holdings increase plan has not yet been completed, and the entities that have increased their holdings will continue to implement the holdings increase in accordance with the holdings increase plan.
[Other]
Feilong Co., Ltd. (002536.SZ): Received a fixed-site development notice
Feilong Co., Ltd. (002536.SZ) announced that the company recently received a fixed-site development notice from a domestic thermal management company (it is not convenient to disclose the customer's specific name based on a confidential agreement between the two parties). The company became a development supplier for this customer's electronic water pump project in the civil sector. This electronic water pump is used in the field of liquid cooling in the large-scale machinery and equipment industry.
Mingpai Jewelry (002574.SZ): Tianhe Solar expects to purchase a total of about 1.3 billion 210 series Topcon double-sided solar cell products from its subsidiaries
Mingpai Jewelry (002574.SZ) announced that its wholly-owned subsidiary Zhejiang Riyue Solar Energy Technology Co., Ltd. signed a “Battery Procurement Framework Contract” with Tianhe Solar Energy Co., Ltd. and its 4 subsidiaries (collectively, “Tianhe Solar”), and Sunmoon Solar Energy signed a “Supplementary Agreement” with Tianhe Solar Energy Co., Ltd. According to the contract agreement, Tianhe Solar expects to purchase a total of about 1.3 billion 210 series Topcon double-sided solar cell products from 2024 to 2026. The specific product type, quantity and efficiency requirements are subject to the parties' subsequent monthly battery procurement contract, and the total contract transaction amount is based on the final transaction amount.