Source: Market Information

Affect the stock market positive and negative news

Macro news

1. In accordance with the national accounting system and international practice, the National Bureau of Statistics has revised the gross domestic product (GDP) for the census year (2023) by using the data of the Fifth National Economic Census and the data of relevant departments, and simultaneously implementing the reform of the accounting method for urban residents' self-owned housing services. The revised GDP for 2023 will be 1294272 billion yuan, an increase of 3,369 billion yuan, or 2.7 percent, over the preliminary estimate.

2. The Information Office of the State Council held a press conference at 3 p.m. yesterday to release the results of the Fifth National Economic Census. The census results show that at the end of 2023, there will be 33.270 million legal entities engaged in secondary and tertiary industry activities across the country, an increase of 52.7% compared with the end of 2018, with 428.984 million employees, an increase of 11.9%, and 87.995 million self-employed households, with 179.564 million employees.

3. According to the data of the State Administration of Foreign Exchange, at the end of September 2024, China's banking industry had foreign financial assets of US$1,564.2 billion, external liabilities of US$1,502.9 billion, and net external assets of US$61.3 billion, of which net liabilities in RMB were US$359.7 billion and net assets in foreign currencies were US$421 billion.

4. The scheduled disclosure time for the 2024 annual reports of listed companies on the Shanghai Stock Exchange was released, and Jiacheng International took the lead and will be the first to disclose on February 20, 2025; Ribo Fashion and Yuekang Pharmaceutical will be disclosed on February 26.

Industry news

1. Alibaba Group is close to reaching an agreement to form a joint venture between its South Korean operations and E-Mart's e-commerce platform to better compete in South Korea's online retail space, according to people familiar with the matter. The new entity will be valued at about $4 billion, according to people familiar with the matter.

2. The first plenary meeting of the Shenzhen Low-altitude Economic Standardization Technical Committee was held in the Shenzhen Municipal Transportation Bureau. At the meeting, the Municipal Transportation Bureau and the Municipal Market Supervision and Administration Bureau jointly issued the "Shenzhen Low-altitude Economic Standard System Construction Guide (V1.0)". The Guidelines (V1.0) provide an open and unified infrastructure support framework for the low-altitude economy by introducing the core concepts of "four networks" - "facility network", "air network", "airway network" and "service network".

3. The Guangdong Real Estate Industry Association issued an initiative on continuing to carry out commercial housing to promote consumption at the end of the year and the beginning of the year, from December 26, 2024 to February 28, 2025, grasp the time window of New Year's Day and Spring Festival, and organize and carry out "New Year's house purchase and settlement activities" and other commercial housing consumption promotion activities.

4. Chinese scientists have recently achieved a research result that can make dynamic wireless charging more efficient. Its future application is expected to allow drones to be charged while flying. The results were recently published in the international academic journal Nature Communications.

5. According to the Henan Provincial Development and Reform Commission, on December 23, the provincial data work conference was held in Zhengzhou. The meeting emphasized that it is necessary to promote the construction of data infrastructure, strive to achieve a computing power scale of 94E next year, forward-looking layout of data circulation and utilization facilities, and consolidate and improve network infrastructure.

6. Recently, a promotional advertisement of "buy one set get one free" for a new house has been circulated in the Shenzhen market. The real estate sales staff said that the current discount of the residential part of the project is 86% off the record price, the main unit building area range is 110 square meters - 133 square meters, and the price of the main apartment of 45 square meters is about 1.8 million yuan. If the buyer chooses to buy the residence at the original filing price, they can get a 45 square meter apartment as a gift.

7. The explosive growth of "millet" stores. "Millet" is transliterated from the English word "goods" for commodities, which is a general term for two-dimensional peripheral derivatives. According to statistics, most of the consumers in the "millet economy" are women, and consumers in first-tier cities are the majority. In 2024, the market size of China's "millet economy" will reach 168.9 billion yuan, an increase of more than 40% over 2023.

8. The National Bureau of Disease Control and Prevention and other 6 departments have decided to adjust the immunization schedule of the pertussis-diphtheria-tetanus combined vaccine nationwide from January 1, 2025. The current immunization schedule of 1 dose of adsorbed acellular pertussis-diphtheria-tetanus combined vaccine at 3 months of age, 4 months of age, 5 months of age, and 18 months of age, and 1 dose of adsorbed diphtheria-tetanus combination vaccine at the age of 6 years old will be adjusted to the immunization schedule of 1 dose of diphtheria-tetanus vaccine at the age of 2 months, 4 months, 6 months, 18 months, and 6 years old.

9. The Jiangsu Provincial Development and Reform Commission recently issued a notice on the "Implementation Plan for the Development and Construction of Offshore Photovoltaic in Jiangsu Province (2025-2030)", optimizing and adjusting the relevant plans for 2023-2027, removing offshore photovoltaic sites that do not comply with the policy, and focusing on the use of offshore wind farm areas, offshore aquaculture areas and power plant confirmed temperature and drainage areas to carry out offshore photovoltaic construction. According to the requirements of the four types of offshore photovoltaic site selection areas, it is planned to carry out the construction of 60 offshore photovoltaic project sites, with a scale of 27.25GW and a sea area of 346.25 square kilometers.

Company News

1. Nanjing Public Utility announced that it intends to purchase about 68% of the shares of Yugu Technology, and the stock is suspended.

2. Shiyida announced that the shareholding company Liudu and the company do not have products specifically applied to the "WeChat store", and the company is not involved in the robot business at present.

3. Jihua Group announced that Unitree Technology will have little direct impact on the company in the future.

4. PowerChina announced that it jointly signed a construction contract of about 7.076 billion yuan.

5. Zhongbai Group announced that the company does not violate the fair disclosure of information.

6. DEREN Electronics announced that Qiu Jianmin, one of the company and one of the actual controllers, was filed by the Securities Regulatory Commission.

7. Fulongma announced that the company's urban service robots are still in the initial stage of expansion.

8. Kuang-Chi Technology announced that it plans to invest in the construction of an advanced low-altitude UAV industry chain headquarters base project.

9. Zhaolong Interconnection was surveyed by the agency, saying that the demand for 400G and 800G high-speed products will show a rapid growth trend.

10. CATL announced that it plans to issue H shares and list them on the Hong Kong Stock Exchange.

Global Markets

1. The three major U.S. stock indexes closed mixed, with the Dow up 0.07%, the S&P 500 down 0.04%, and the Nasdaq down 0.05%. Apple edged higher, hitting a record high for the fourth straight session, with a total market capitalization of $3.92 trillion. Drone concept stocks rose sharply, Lilium rose more than 70%, Palladyne AI rose more than 47%, Vertical Aerospace rose more than 31%, and Unusual Machines rose more than 20%. Popular Chinese stocks were mixed, with the Nasdaq China Golden Dragon Index up 0.42%.

2. The settlement price of international crude oil futures closed down slightly. WTI crude futures fell 0.68% in February, and Brent crude futures fell 0.43% in February.

3. COMEX gold futures rose 0.71%, and COMEX silver futures rose 0.45%.

Investment Opportunity Reference

1. Humanoid robots have added hundreds of millions of yuan in financing! Jiangsu Start-up Enterprise won and helped Xiaomi build a robot dog

Recently, MagicLab, an embodied intelligent robot company, recently completed an angel round of financing of 150 million yuan, which was led by Chase Venture Capital and followed by Yipu Fund. The original team of Magic Atom participated in the research and development of the Xiaomi robot dog, and was officially established in Beijing in January this year, and then became the first robot company in the world to break the Boston Dynamics somersault patent with an "electric robot". After this round of financing, Magic Atom plans to expand talent recruitment, continue to increase the research and development of embodied intelligence core technologies, humanoid robots, accelerate the pace of mass production, and expand the landing and commercialization of industrial and commercial scenarios.

It is understood that in the first quarter of next year, Magic Atom will officially release a new generation of humanoid robot product MagicBot, and is expected to deliver hundreds of mass-produced versions of MagicBot in 2025, and the delivery volume will reach 1,000 units in 2026. The machinery and equipment team of AVIC Securities believes that the trend of the humanoid robot industry is clear, and the global cumulative demand is expected to reach about 2 million units by 2030, and it is currently entering an important breakthrough stage from 0 to 1, and is optimistic about Tier1 and core component suppliers.

2. When it comes to data elements, the National Data Bureau and other five departments will issue opinions on development and utilization

According to media reports, the National Data Bureau, together with the Cyberspace Administration of China, the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State-owned Assets Supervision and Administration Commission of the State Council, issued the "Opinions on Promoting the Development and Utilization of Enterprise Data Resources". It mentions that a fair and efficient value distribution mechanism for data elements should be built to guide enterprises to create and improve the value of data in the production, supply, circulation and use of data products and services.

China Securities Construction Investment believes that with the establishment of the data bureau, various top-level policies are constantly being implemented, and the entry of data assets into the table is progressing in an orderly manner. In the early stage, we will pay attention to the authorized operation of public data, and the follow-up enterprise data is also expected to enter the data element market to participate in circulation, and the value of data is expected to be further stimulated. It is recommended to pay attention to enterprises with high-quality data resources and enterprises that can deeply participate in key links such as data transaction and circulation.

3. The number of byte bean package downloads has soared, and the usage has increased by more than 33 times since its release 7 months ago

According to the latest data of Qimai (1218-1224), the number of downloads of doubao soared this week, exceeding 100 million, achieving a new high.

Liu Gaochang of Guosheng Securities said that there are nearly 60 million byte bean bag MAUs, and the number of large model calls is growing rapidly. On December 18, Byte held the Volcano Engine Force Conference, and Tan Bei, CEO of Volcano Engine, said that as of now, the average daily usage of tokens of the bean bag model has exceeded 4 trillion, an increase of more than 33 times since its release 7 months ago. In November, the bean bag MAU was close to 60 million, second only to ChatGPT's MAU of 287 million in the global total list of AI products. In November, the MAU growth rate of bean bags reached 16.92%, considering the current growth rate of bean bags, Liu Gaochang believes that the MAU of bean bags in 2025 is expected to be close to ChatGPT to reach 200 million. Bytes' investment in computing power is expected to grow rapidly, boosting the accelerated expansion of the AI computing power-related industry chain.

4. The market demand for this kind of robot products may increase significantly

According to reports, as Harbin's ice and snow culture continues to heat up, more and more domestic and foreign tourists are flocking here. In order to welcome visitors from all over the world, during the preparation period of the 37th Sun Island Snow Expo, Sun Island Scenic Area and Harbin Institute of Technology began to develop outdoor guide robots with strong ice and snow cultural characteristics. In the near future, the outdoor guide robot will meet visitors. According to reports, the guide robot is based on the image of "Mr. Snowman", and its cute appearance can melt everyone's hearts in an instant. It is not only an "ornament", but also has four practical functions: face recognition, voice interaction, automatic guidance, and all-round display.

The Sullivan report pointed out that with the acceleration of global automation and intelligence, the commercial service robot industry has ushered in unprecedented development opportunities. The wide application of commercial service robots in many industries such as catering, hospitality, retail, healthcare, financial services, education and public services has promoted the rapid growth and diversification of the market. Globally, the demand for commercial service robots is growing, especially driven by high labor costs, improved service quality requirements, and strong trends towards intelligence. It is estimated that by 2030, the global commercial service robot market will exceed 10 billion yuan, with an average annual growth rate of 20.3%.

Suspension and resumption of trading

[Suspension].

000421 Nanjing Public

002310 *ST East Park

[Resumption].

None

Announcement Express

[Hot Spots].

Sanlianban Jihua Group: In the future, Unitree Technology will have little direct impact on the company

Jihua Group (603980) issued an announcement on the evening of December 26 on abnormal fluctuations in stock trading, saying that the company noticed that the concept of Unitree Technology has received high market attention recently, and the company explained the relevant situation, for financial investment purposes, the company subscribed to Rongteng Fund in 2020, with a subscription amount of 20 million yuan, accounting for 1.67%; Rongteng Fund holds 1.32% equity of Hangzhou Unitree Technology, so the company indirectly holds 0.02% equity of Unitree Technology through Rongteng Fund, accounting for a very small proportion, and the direct impact of Unitree Technology on the company in the future is small. At present, there is no cooperative relationship between the company and Unitree, and the company has no plans and arrangements to set foot in Unitree-related industries.

Liulianban Shiyida: The joint-stock company Liudu Renhe currently has no products specifically applied to "WeChat stores".

Liulianban Shiyida (002137) disclosed the company's stock trading changes on the evening of December 26, saying that recently, the company has paid attention to the company's shareholding company "Liudu Ren" involved in the "WeChat shop" business. The company holds 13.09% of the shares of Liuduren, and the company has confirmed with Liuduhe that Liuduren and its holding company currently have no related products specifically applied to "WeChat Xiaodian"; In the first three quarters of 2024, Liuduhe has little impact on the company's main financial indicators. In addition, recently, it was mentioned on the Internet that the company indirectly invested in "Unitree Technology". The company explained as follows: after the equity penetration, the company only holds 0.01% of the equity of Unitree Technology, the company's shareholding ratio is low, Unitree Technology does not belong to the scope of the company's consolidated statements, and the company is not involved in the robot business at present.

Laiyifen: At present, the proportion of sales on the WeChat channel is very low

Laiyifen (603777) issued an announcement on the evening of December 26 on abnormal fluctuations in stock trading, saying that the company's current sales in the WeChat channel account for a very low proportion, accounting for less than 1% of the company's revenue, and there is great uncertainty about the future growth trend of the channel.

Wushang Group: Signed an investment cooperation agreement with Wangfujing for duty-free shops in Wuhan

Wushang Group (000501) announced on the evening of December 26 that the company and Wangfujing Group Co., Ltd. (hereinafter referred to as "Wangfujing") signed the "Wuhan City Duty-free Shop Investment Cooperation Agreement", and intends to jointly invest in the establishment of Wangfujing Wushang Duty-free Business Co., Ltd., the business project is a duty-free project in Wuhan, and the registered capital of the joint venture company is 80 million yuan. Among them, the company invested 39.2 million yuan, accounting for 49% of the shares; Wangfujing invested 40.8 million yuan, accounting for 51% of the joint venture's shares.

[M&A and reorganization].

Nanjing Public Utilities: Planning to purchase assets and raise matching funds Stocks are suspended

Nanjing Public Utilities (000421) announced on the evening of December 26 that the company is planning to purchase assets and raise matching funds by issuing shares and paying cash, and the company intends to purchase about 68% of the shares of Hangzhou Yugu Technology Co., Ltd. (hereinafter referred to as "Yugu Technology") by issuing shares and paying cash and raising matching funds. This transaction is not expected to constitute a major asset restructuring and does not constitute a restructuring and listing. The company's shares have been suspended since the market opened on December 27, and it is expected that the continuous suspension will not exceed 10 trading days.

Debang Technology: It plans to acquire 89.42% of the shares of Taijino for 258 million yuan

Debang Technology (688035) announced on the evening of December 26 that the company intends to use 258 million yuan in cash to acquire a total of 89.42% of the shares held by the original shareholders of Suzhou Taijinuo New Material Technology Co., Ltd. (hereinafter referred to as "Taijinuo"), and after the completion of this transaction, Taijino will become the company's holding subsidiary. The main business of Tygino is the R&D, production and sales of high-end thermal interface materials, which are mainly used in semiconductor integrated circuit packaging.

Xinrui shares: plans to acquire Drillco to improve the industrial layout of cemented carbide rock drilling tools

Xinrui shares (688257) announced on the evening of December 26 that the company intends to acquire 100% of the equity of Chilean company Drillco Tools S.A. (hereinafter referred to as "Drillco") in cash through its wholly-owned subsidiary Australia Xinrui, with a transaction consideration of 42 million US dollars, the source of funds is its own funds, and the capital increase of Xinrui shares to Australia Xinrui is implemented. The target company has been deeply involved in the cemented carbide rock drilling tool industry for many years, and has its own brand "PUMA" for down-the-hole drilling tools, which has established wide recognition in the global market, especially in South America. After the completion of the acquisition, the company will have its own brands of rock drilling tools, such as cone bits, top hammer drilling tools and down-the-hole drilling tools, forming a complete rock drilling tool product portfolio.

Thunderda: It plans to acquire part of the equity of the shareholding company Kelunchuang

Thundersoft (300496) announced on the evening of December 26 that Hong Kong Tianji, a subsidiary of the company, intends to purchase 16.03% of the shares of T2MOBILE LIMITED (21.07% of the voting shares) at a price of HK$94.815 million. After the completion of the transaction, Hong Kong Tianji holds 51.01% of the shares of Inclusion (67.07% of the voting shares), which will be included in the company's consolidated statements. Inclusion is a company whose main business is the R&D, design and production of PDAs, tablets and mobile phones, and has accumulated high-quality customer resources based on the excellent R&D capabilities of the Android operating system. The company has been providing customers with diversified R&D and design services and software and hardware products based on various operating systems and hardware platforms, and this acquisition is intended to further expand the company's service capabilities in emerging intelligent hardware categories.

Baoguang shares: plans to acquire 42 million yuan of equity and capital increase to obtain 51.16% equity of Kessel Technology

Baoguang shares (600379) announced on the evening of December 26 that the company and Chengdu Kessel Trading Co., Ltd. and Chengdu Kessel Technology Co., Ltd. (hereinafter referred to as "Kessel Technology") intend to sign an equity transfer and capital increase agreement, the company intends to acquire 51.16% of the equity of Kessel Technology with 42 million yuan through the acquisition of equity and capital increase, after the completion of the transaction, Kessel Technology will become the company's holding subsidiary. Kessel Technology is mainly engaged in the design, research and development, production, processing and sales of vacuum interrupters (sealed poles).

Tongyu Communication: It is planned to invest 30 million yuan to participate in Hongqing Technology

Tongyu Communication (002792) announced on the evening of December 26 that the company, Kunlun Capital and Beijing Advanced Manufacturing Fund recently participated in the A1 round of financing of Beijing Blue Arrow Hongqing Technology Co., Ltd. (hereinafter referred to as "Hongqing Technology"). The company contributed 30 million yuan with its own funds, subscribed to the new registered capital of Hongqing Technology of 515,600 yuan, and the remaining part was included in the capital reserve to obtain 1.83% equity of Hongqing Technology after the completion of the capital increase. Through this investment, the company is expected to use advanced technology in the field of satellite communication and broad market prospects, broaden business boundaries, enhance comprehensive competitiveness, and achieve resource integration and complementary advantages.

[Change in equity].

Shannon Xinchuang: The controlling shareholder intends to transfer 5% of the company's shares by agreement

Shannon Xinchuang (300475) announced on the evening of December 26 that on December 25, some of the company's controlling shareholders, Link Cornerstone, Hongwei Cornerstone-Huaying Fund and Liu Qingke signed the "Share Transfer Agreement", which intends to transfer a total of 22,878,400 shares of the company (accounting for 5% of the company's total share capital) to Liu Qingke at 27.32 yuan per share through agreement transfer, with a total amount of 625 million yuan. After the completion of this equity change, the controlling shareholder of the company will be changed from Lingtai Cornerstone and the persons acting in concert Lingchi Cornerstone, Linghui Cornerstone and Hongwei Cornerstone - Huaying Fund to Lingtai Cornerstone and the persons acting in concert Lingchi Cornerstone and Hongwei Cornerstone - Huaying Fund, and the actual controller of the Company remains unchanged.

[increase and decrease in holdings, repurchase].

Jiaze New Energy: One of the actual controllers intends to increase its shareholding in the company by 120 million yuan to 240 million yuan

Jiaze Xinneng (601619) announced on the evening of December 26 that the actual controller of the company, Chen Bo, and the actor Jinyuan Rongtai Investment Management (Ningxia) Co., Ltd. plan to increase the company's shares in the next 12 months through the methods permitted by the Shanghai Stock Exchange (including but not limited to centralized bidding transactions, block transactions, etc.), the amount of this increase is not less than 120 million yuan and not more than 240 million yuan, and does not exceed 2% of the company's total share capital, and the source of funds is special loans for stock holdings and its own funds.

Baoli Food: Shanghai Houxu plans to reduce its holdings of no more than 3% of the company's shares

Baoli Food (603170) announced on December 26 that Shanghai Houxu Asset Management Co., Ltd. (hereinafter referred to as "Shanghai Houxu"), a 6.25% shareholder of the company, intends to reduce the company's shares by a total of no more than 12,000,300 shares, that is, no more than 3% of the company's total share capital.

Qingyuan shares: shareholders plan to reduce their holdings of no more than 2.17% of the company's shares

Qingyuan shares (603628) announced on the evening of December 26 that Wang Xiaoming, a shareholder holding 6.54% of the company's shares, plans to reduce his holdings of no more than 2.738 million shares and 3.2 million shares of the company through centralized bidding and block trading within 3 months after 15 trading days from the date of disclosure of the announcement, accounting for 2.17% of the company's total share capital on the disclosure date.

[Winning the Contract].

PowerChina: Jointly signed a project construction contract of about 7.076 billion yuan

PowerChina (601669) announced on the evening of December 26 that PowerChina Brazil Branch, a subsidiary of the company, formed a contractor consortium with AFFIT in Brazil and signed a construction contract for the Fiocruz Health Biotechnology Industrial Complex Project in Brazil with the new vaccine terminal processing center project company in Brazil, with a contract amount of about 7.076 billion yuan. The main scope of the project includes the construction of the delivery warehouse, packaging workshop, filling workshop, filling workshop, filling and packaging workshop, receiving warehouse, administrative office and other buildings and supporting infrastructure of the vaccine factory, the installation and commissioning of the production equipment purchased by the owner, and the procurement, installation and commissioning of other auxiliary equipment such as air conditioners, etc., with a contract period of about 44 months.

Chuanhuan Technology: Obtained an order for liquid-cooled pipeline system

Chuanhuan Technology (300547) announced on the evening of December 26 that the company recently obtained a project purchase order from a server overall solution service provider, and the company provided 60,000 sets of liquid cooling pipeline systems for servers for this batch of this project, and the company will deliver them on schedule according to customer requirements.

China Super Holdings: The company and its subsidiaries won a total of 366 million yuan for the project

China Super Holdings (002471) announced on the evening of December 26 that recently, the State Grid Corporation of China and other companies issued an announcement on the results of the bid or the announcement of the results, the company and its wholly-owned subsidiaries Pearl Cable, Yuanfang Cable, and holding subsidiary Zhongchao Cable are the winning bidders or winning candidates. The total amount of winning bids is 366 million yuan, accounting for 6% of the company's total audited operating income in 2023.

Zhonghe Technology: Won the bid of 238 million yuan for the Shenyang Metro Signal System Project

Zhonghe Technology (000925) announced on the evening of December 26 that the company won the bid for the "Shenyang Metro 2024-2027 Line 1 CBTC Signal System Localization Transformation Project", with a target amount of 238 million yuan. Up to now, the cumulative amount of winning bids in the field of smart transportation this year is about 3.135 billion yuan.

Dafeng Industrial: Signed two daily operation contracts

Dafeng Industry (603081) announced on the evening of December 26 that recently, the company successfully signed two contracts, namely the general integration contract for the procurement and installation of performing arts equipment for Yantai Kongtong Shengjing Project (hereinafter referred to as "Contract 1"), and the Binjiang Olympic Sports Center Scenic Area Project - Intelligent Scene Equipment and Intelligent Information System Contract (hereinafter referred to as "Contract 2"). The total amount of contract 1 is 118 million yuan (tax included), accounting for about 6.1% of the company's audited operating income in 2023; The total amount of contract 2 is 77.9864 million yuan, accounting for about 4.02% of the company's audited operating income in 2023.

Jianglong Boat: Won the bid for the construction project of 139 million yuan new energy sightseeing boat

Jianglong Boat (300589) announced on the evening of December 26 that the company received three "Bid Winning Notices" from the tenderer Guangzhou Public Transport Group Automobile Service Co., Ltd. on December 26 for the construction and procurement project of three new energy sightseeing cruise ships (bid package 1, bid package 2, and bid package 3) of Guangzhou Public Transport Group Passenger Ferry Co., Ltd., with a total amount of 139 million yuan, accounting for 11.7% of the company's audited operating income in 2023.

Tiantie Co., Ltd.: The holding subsidiary signed a fastener procurement contract of 66.3 million yuan

Tiantie Co., Ltd. (300587) announced on the evening of December 26 that recently, Zhejiang Pandelu Rail Technology Co., Ltd. (seller), a holding subsidiary of the company, signed the "Fastener Procurement Contract" with China Railway Materials Group Southwest Co., Ltd. (the buyer), with a contract amount of 66.3 million yuan. The implementation of the above contracts is expected to have a positive impact on the Company's future operating results.

[Significant investment].

No. 9 Company: It is planned to invest about 1.41 billion yuan in the construction of the South China base project of intelligent electric vehicles

Nine Company (689009) announced on the evening of December 26 that the company plans to invest in the construction of a smart electric vehicle South China base project integrating R&D, production and sales in Zhuhai City, Guangdong Province. The total investment of the project is about 1.41 billion yuan, and the construction period is expected to be 18 months after the start of construction of the project.

Kuang-Chi Technology: It is planned to invest in the construction of an advanced low-altitude UAV industry chain headquarters base project

Kuang-Chi Technology (002625) announced on the evening of December 26 that on December 25, the company signed the "Strategic Cooperation Agreement" with the Leshan Municipal People's Government in Leshan City, Sichuan Province, and signed the "Industrial Investment Agreement" with the Leshan Municipal People's Government, the Management Committee of Leshan High-tech Industrial Development Zone and the Qianwei County People's Government in Leshan City, Sichuan Province on the same day. The cooperation content of the "Strategic Cooperation Agreement" is as follows: 1. Establish the international headquarters of Kuang-Chi Technology. 2. Construction of advanced low-altitude UAV industry chain headquarters project. 3. Create a low-altitude economic and industrial agglomeration area. After the signing of the "Industrial Investment Agreement", the company plans to build an advanced UAV base project in Leshan City, Sichuan Province. The main construction content of the UAV base project is to set up the Guangqi Advanced Low-altitude UAV Industry Chain Headquarters Base, and introduce upstream and downstream industrial chain enterprises to gather in the jurisdiction of Leshan City, create a low-altitude economic and industrial agglomeration area, and empower regional economic growth with new quality productivity. The project will be constructed in three phases.

Weir shares: a wholly-owned subsidiary participates in the investment of private equity investment funds

Weir shares (603501) announced on the evening of December 26 that the company's wholly-owned enterprises Shaoxing Weihao and Ningbo Yongxin Fund Partnership (Limited Partnership) participated in the investment in the private equity investment fund initiated by Ningbo Weihao Commerce Management Consulting Partnership (Limited Partnership), the fund name is Ningbo Yongxin Weihao Phase IV Semiconductor Industry Investment Partnership (Limited Partnership), the fund raised a scale of 3.5 billion yuan, and the investment field focuses on the advanced technology, process and product fields of the pan-semiconductor industry. Shaoxing Weihao, as a limited partner, invested 693 million yuan to subscribe for the fund's fund shares.

COFCO Capital: The wholly-owned subsidiary plans to increase its capital by 950 million yuan to COFCO Futures

COFCO Capital (002423) announced on the evening of December 26 that in order to further enhance the capital strength of COFCO Futures Co., Ltd. (hereinafter referred to as "COFCO Futures"), enhance its risk resistance and market competitiveness, and better serve the real economy, COFCO Capital Investment Co., Ltd., a wholly-owned subsidiary of the company, intends to increase its capital to COFCO Futures with its own funds of 950 million yuan.

[Other].

Xiangtan Electrification: Part of the production line of the spinel lithium manganese oxide battery material project with an annual output of 30,000 tons was put into trial operation

Xiangtan Dianhua (002125) announced on the evening of December 26 that the company will begin to plan the "annual output of 30,000 tons of spinel lithium manganese oxide battery material project" in 2023, which is implemented by Xiangtan Lijin New Materials Co., Ltd., a wholly-owned subsidiary of Guangxi Lijin New Materials Co., Ltd., a holding subsidiary, and the project site is located in Heling Town, Yuhu District, Xiangtan City. At present, the main project of the first phase of the project with an annual output of 20,000 tons of spinel lithium manganese oxide production line has been basically completed and has been put into trial operation.

People's livelihood and health: signed strategic cooperation agreements with Zhongke Jiayi and other entities

Minsheng Health (301507) announced on the evening of December 26 that the company signed a "strategic cooperation agreement" with Zhongke Jiayi (Shandong) Investment Holding Co., Ltd. (hereinafter referred to as "Zhongke Jiayi") and other entities, and the company intends to acquire 100% of the shares of the target company held by the existing shareholders of Minsheng Zhongke Jiayi (Shandong) Bioengineering Co., Ltd. (hereinafter referred to as "Minsheng Zhongke (Zhejiang)"), a wholly-owned subsidiary. After the completion of the transaction, the company's equity in Minsheng Zhongke (Zhejiang) will be diluted from 100% to 55%, and Minsheng Zhongke (Zhejiang) will be changed from a wholly-owned subsidiary of the company to a holding subsidiary. The target company became a wholly-owned subsidiary of Minsheng Zhongke (Zhejiang) and was included in the company's consolidated financial statements. The signing of the cooperation agreement will help expand the company's business development space in the field of probiotics, enhance its R&D strength and market competitiveness, enhance the company's comprehensive influence, and help further enhance the company's business scale and profitability.

Dingyang Technology: publicly released three new products

Dingyang Technology (688112) announced on the evening of December 26 that on December 26, 2024, the company officially released the SSG6000A series high-end RF microwave signal generator with a maximum output frequency of 67GHz, the SSA6000A series high-end spectrum analyzer with a maximum measurement frequency of 50GHz and the SNA6000A series high-end vector network analyzer with a maximum measurement frequency of 50GHz. The release of the above new products has further improved the performance indicators of the company's high-end RF and microwave products, and broadened the application scenarios and use scope of the company's RF and microwave products.

China Shenhua: The subsidiary obtained the approval of the Dongshengdong-Taigemiao railway project

China Shenhua (601088) announced on the evening of December 26 that recently, the company's Dongshengdong to Taigemiao railway project was approved by the Development and Reform Commission of Inner Mongolia Autonomous Region. The Dongshengdong to Taigemiao Railway Project is located in Yijin Huoluoqi and Kangbashi District, Ordos City, Inner Mongolia Autonomous Region, from Helles Trench South Station to Crescent Shuwan Loading Station in Taigemiao Mining Area. The main line is 97.611 kilometers long, and the liaison line is 8.915 kilometers long, which connects the Ba Zhun and Baoshen railways respectively, and is the main transportation channel for coal export from the Taigemiao mining area of Xinjie and nearby coal mines. The total investment of the project is about 11.347 billion yuan. The construction unit of the project is Guoneng Baoshen Dongyue Railway Co., Ltd., which is a wholly-owned subsidiary of the company, Guoneng Baoshen Railway Group Co., Ltd., which is funded and established with a 65% equity ratio.

Quanyang Spring: The holding subsidiary obtained the prospecting right for mineral water sources

Quanyang Spring (600189) announced on the evening of December 26 that the company's holding subsidiary, Jilin Sengong Group Quanyang Spring Beverage Co., Ltd., signed a prospecting right transfer contract with the Natural Resources Bureau of Baishan City, Jilin Province, and obtained the prospecting right of Shengshui Spring Natural Mineral Water in Fusong County, Baishan City, according to the local county government documents, Shengshui Spring may have an annual output of 2 million tons of natural mineral water resources, and the specific resources are to be determined after prospecting.

Zhengping shares: A wholly-owned subsidiary signed a mining right transfer contract

Zhengping Co., Ltd. (603843) announced on the evening of December 26 that on December 26, the company's wholly-owned subsidiary, Golmud Shengguang Mining Development Co., Ltd., signed the "Mining Right Transfer Contract" with the Qinghai Provincial Department of Natural Resources, and the transfer method is to transfer prospecting rights to mining rights. The project involved is the M1 section of the West Iron Polymetallic Mine in Nalinggol River, Golmud City, with the resource reserves discovered and reviewed for the record: (332+333) 6,367,100 tons of iron, 5,564,300 tons of copper ore, and 1,202,400 tons of zinc ore.

NavInfo: The shareholding company Youjia Innovation was listed on the Hong Kong Stock Exchange

NavInfo (002405) announced on the evening of December 26 that Shenzhen Youjia Innovation Technology Co., Ltd. (hereinafter referred to as "Youjia Innovation"), the company's indirect shareholding company, was listed on the main board of the Hong Kong Stock Exchange on December 27 (stock abbreviation: MINIEYE, stock code: 2431). The issue price is HK$17.00 per share. Up to now, the company's subsidiary, Beijing Siwei Internet Fund Management Center (Limited Partnership), holds 32,611,300 shares of Youjia Innovation, accounting for 8.17% of its total share capital after the completion of the global offering (excluding the over-allotment option factor).

Bull Group: plans to carry out bulk raw material futures business

Bull Group (603195) announced on the evening of December 26 that in order to avoid the risk of raw material price fluctuations, the company plans to carry out bulk raw material futures business, including copper, silver, aluminum, tin, plastic particles, pulp and other futures varieties related to the company's production and operation. The company's investment margin does not exceed 800 million yuan, and the above amount is within the authorized range and can be recycled.

DEREN Electronics: The company and the actual controller received the notice of filing a case from the Securities Regulatory Commission

DEREN Electronics (002055) announced on the evening of December 26 that Qiu Jianmin, one of the company and one of the actual controllers, received the "Notice of Case Filing" issued by the China Securities Regulatory Commission on December 25.

*ST Tianwo: Suspend the original construction plan of the Yumen project and plan for project changes

*ST Tianwo (002564) announced on the evening of December 26 that the company decided to suspend the original plan of the project and plan to change the project for the Yumen Xinneng 50,000 kW CSP project (hereinafter referred to as the "Yumen Project") under construction by its holding subsidiary Yumen Xinneng CSP First Power Co., Ltd. (hereinafter referred to as the "Project Company"). The Yumen project adopts molten salt tower secondary reflection solar thermal power generation technology, which is the first demonstration project in the industry. The Yumen project has been under construction since 2017. Up to now, the technical parameters related to secondary reflection have not yet reached the commercial operation standard, and it is still in the performance commissioning stage, and the project has not yet been officially put into production. Recently, the project company received a notice from the Yumen Municipal Energy Bureau that because the application of large-scale secondary reflection technology is the first in China and there are bottlenecks, it agreed to transform the secondary reflection technology of the Yumen project into a primary reflection technology, and give the project a 250,000 kilowatt wind power index to operate and construct in accordance with the "solar thermal +" mode. In view of this, the company decided to suspend the original construction plan of the Yumen project and make full use of the available part of the original project plan to plan for project changes. According to the Company's preliminary assessment, the foregoing matters are not expected to have a material adverse impact on the Company's production, operation and financial condition.

Lude Environment: Jinsha Lude, a wholly-owned subsidiary, plans to increase its capital and shares to introduce investors

Lude Environment (688156) announced on the evening of December 26 that the company's wholly-owned subsidiary, Jinsha Lude, intends to implement a capital increase and share expansion and introduce investors, Guizhou Province Ecological and Environmental Protection Development Equity Investment Fund Partnership (Limited Partnership) (hereinafter referred to as "Guizhou Ecological Fund") intends to subscribe for the new registered capital of 32 million yuan in cash of 32 million yuan, and the company waives the right of first refusal for this capital increase. After the completion of the capital increase, the registered capital of GSR Lude increased to 112 million yuan, Guizhou Ecological Fund holds 28.57% of the equity of GSR Lude, and the company holds 71.43% of the equity of GSR Lude, and GSR is still a holding subsidiary within the scope of the company's consolidated statements.

Canny Elevator: It is planned to sell and revitalize part of the real estate

Canny Elevator (002367) announced on the evening of December 26 that in order to further revitalize existing assets, optimize asset structure, and improve asset operation efficiency, the company plans to sell and revitalize part of the real estate. As of November 30, 2024, the total book value of the above-mentioned real estate was 45.2261 million yuan, accounting for 1.31% of the company's audited net assets attributable to shareholders of listed companies as of December 31, 2023.

Hualian Co., Ltd.: It plans to sell 100% of the equity of the commercial operating company

Hualian shares (000882) announced on the evening of December 26 that the company recently signed an "equity transfer agreement" with Beijing Hualian Boutique Supermarket Co., Ltd. (hereinafter referred to as "boutique supermarket"), and the company intends to transfer 100% of the equity held by Beijing Hualian Commercial Operation Management Co., Ltd. (hereinafter referred to as "commercial operation company") to boutique supermarkets at a transfer price of 32.8256 million yuan. The transaction will not have a significant impact on the company's financial position for the current year, and is expected to bring about 13 million yuan of investment income.

Changyu A: The transfer of Zhuqiao grape base received compensation of 202 million yuan

Changyu A (000869) announced on the evening of December 26 that the company intends to sign the "Compensation Agreement" with the People's Government of Zhuqiao Town, Laizhou City, and the People's Government of Yidao Town, Laizhou City, and the People's Government of Zhuqiao Town, Laizhou City, and the People's Government of Yidao Town, Laizhou City, will take the appraised value of 221 million yuan as consideration (compensation) to transfer the company's Zhuqiao grape base. After deducting the compensation paid to farmers and collective assets, the company actually received compensation of 202 million yuan. At present, the supply of high-quality grape raw materials in Yantai is sufficient, which can continue to provide reliable raw material guarantee for the company's production and operation. This transaction will not adversely affect the company's normal production and operation, which is conducive to the company to further optimize the layout of the grape base, and the company will continue to develop high-quality grape bases in Yantai in an orderly manner to better meet the market's needs for medium and high-end products.

Hunan Haili: The government acquired part of the land use rights and related assets of the holding subsidiary

Hunan Haili (600731) announced on the evening of December 26 that the company's holding subsidiary Haili Guixi Company and the construction headquarters of Baili New District, Guixi City (authorized by the Guixi Municipal Government) signed the "State-owned Assets Use Right Acquisition Agreement", and the Guixi Municipal Government acquired the state-owned land use rights and ground attachments and other related assets of the two industrial lands in the original old factory area of Haili Guixi Company, and the compensation for the acquisition was 52 million yuan.

Kaisheng Technology: Received a government subsidy of 30 million yuan related to income

Kaisheng Technology (600552) announced on the evening of December 26 that the company received relevant government approval on December 25 and agreed to allocate 30 million yuan of government subsidies to the company, which is related to revenue, accounting for 27.99% of the net profit attributable to shareholders of listed companies in the latest fiscal year audited by the company's consolidated statements, and the subsidy funds have not yet arrived.

Tianjin Investment Urban Development: Terminated the transfer of the equity of the holding subsidiary

Tianjin Investment Urban Development (600322) announced on the evening of December 26 that the company held a meeting on January 27, 2022 to deliberate and pass the "Proposal on Pre-listing and Transfer of 60% Equity of Tianjin Tianji Real Estate Development Co., Ltd., a Holding Subsidiary". Up to now, the parties to the transaction have not formally signed the relevant equity transfer agreement on the transaction, and the relevant transaction has not yet been implemented. In the process of advancing the transaction, the two parties to the transaction further communicated on the transaction plan, but finally did not reach an agreement on the relevant matters, and the two parties decided to terminate the transaction after friendly negotiation.

Zhongzhou Special Materials' profit distribution plan for the first three quarters: 10 distributions of 0.55 yuan

Zhongzhou Special Materials (300963) announced on the evening of December 26 that the company decided to distribute profits to all shareholders and formulated a profit distribution plan for the first three quarters of 2024, the details are as follows: cash dividends of 0.55 yuan (tax included) will be distributed to all shareholders for every 10 shares, and a total cash dividend of 18.018 million yuan (tax included) will be distributed.

Sinocare Bio: Obtained the medical device registration certificate of blood glucose, uric acid, and lipid meter

Sinocare Biotech (300298) announced on the evening of December 26 that the company recently received the medical device registration certificate for blood glucose, uric acid, and lipid meter issued by the Hunan Provincial Food and Drug Administration. The blood glucose, uric acid, and lipid meter are used in conjunction with the matching test strips, which are mainly used for the auxiliary diagnosis of diabetes metabolism diseases, hyperuricemia and hypercholesterolemia, and can be used for professional testing in medical institutions at all levels and self-monitoring of diabetic patients, gout patients, hyperuricemia patients, hypercholesterolemia patients or other groups.

China Resources Shuanghe: The wholly-owned grandson company's drug DC10190 capsules obtained the drug clinical trial approval notice

China Resources Shuanghe (600062) announced on the evening of December 26 that Shuanghe Runchuang, a wholly-owned subsidiary of the company, received the approval notice for clinical trials of DC10190 capsule drugs issued by the State Food and Drug Administration. DC10190 capsule is intended for the treatment of patients with advanced or metastatic solid tumors, and is a Class 1 new drug that has not been marketed at home or abroad.

Buchang Pharmaceutical: It plans to sign the "Development, Supply and Sales Termination Agreement" with Nantong Lianya

Buchang Pharmaceutical (603858) announced on the evening of December 26 that in combination with the current market environment and the actual operating conditions of the company, the company decided to terminate the "Development, Supply and Sales Agreement" and the "Contract Change Agreement of Technology Development (Cooperation) Contract" and signed the "Development, Supply and Sales Termination Agreement" to terminate the cooperative development, supply and sales of drugs of five cooperative products such as nifedipine sustained-release tablets.