On the evening of January 20, a number of listed companies in Shanghai and Shenzhen issued announcements. Here's a quick rundown:

New China Insurance: Net profit in 2024 is expected to increase by 175% to 195% year-on-year

Xinhua Insurance (601336) announced that the company's net profit attributable to shareholders of the parent company in 2024 is expected to be 23.958 billion yuan to 25.7 billion yuan, a year-on-year increase of 175% to 195%. Affected by a series of favorable national policies and other factors in 2024, the capital market has rebounded and risen, making the company's investment income in 2024 increase significantly year-on-year, and at the same time, superimposing the optimization of insurance business structure and scale growth, and finally achieving a large year-on-year increase in net profit in 2024.

Yangtze Power's 2024 performance report: net profit of 32.52 billion yuan, a year-on-year increase of 19.36%.

Yangtze Power (600900) released its 2024 annual performance report, and in 2024, the company will achieve a total profit of 38.866 billion yuan, a year-on-year increase of 19.87%; net profit attributable to shareholders of listed companies was 32.520 billion yuan, a year-on-year increase of 19.36%. The increase in performance was mainly due to the year-on-year increase in power generation from the company's six cascade power stations in 2024.

Baiyun Airport: Net profit is expected to increase by 88.39%-130.25% year-on-year in 2024

Baiyun Airport (600004) announced that the company expects to achieve a net profit attributable to the owners of the parent company of 832 million yuan to 1.017 billion yuan in 2024, an increase of 88.39% to 130.25% year-on-year. The increase in performance was mainly due to the gradual recovery of aviation market demand, the production and operation data of Baiyun Airport increased over the same period last year, driving the growth of the company's aviation business revenue and non-aviation business income; At the same time, the company continued to optimize the cost structure, the cost elasticity was enhanced, and the increase in costs and expenses was much lower than the increase in revenue.

Xinlian Electronics: Net profit in 2024 is expected to increase by 311.91%-395.9% year-on-year

Xinlian Electronics (002546) released a performance forecast, and it is expected that the net profit attributable to the parent company in 2024 will be 255 million yuan to 307 million yuan, a year-on-year increase of 311.91% to 395.9%. The non-recurring income in 2024 will increase significantly over the same period last year, and it is estimated that the impact of non-recurring gains and losses on net profit in 2024 will be 127 million yuan to 141 million yuan, a significant increase from the same period last year (-30.8525 million yuan), mainly due to the increase in the investment income of the company's wealth management products and the increase in the fair value change income of the trading financial assets held, which is a non-recurring profit or loss.

Zhenyu Technology: Net profit in 2024 is expected to increase by 414.39%-554.68% year-on-year

Zhenyu Technology (300953) released a performance forecast, and it is expected that the net profit attributable to the parent company in 2024 will be 220 million yuan - 280 million yuan, a year-on-year increase of 414.39% - 554.68%. During the reporting period, the company's business plan was carried out in an orderly manner, sales orders continued to grow, and the company increased technology research and development and innovation, improved the level of production automation, and promoted the company's overall economic benefits by reducing costs and increasing efficiency.

Tiantan Bio's 2024 performance report: net profit was 1.547 billion yuan, an increase of 39.42% over the same period of the previous year

Tiantan Biotech (600161) released its 2024 annual performance report, with a total operating income of 6.034 billion yuan, an increase of 16.47% over the same period of the previous year; net profit attributable to shareholders of listed companies was 1.547 billion yuan, an increase of 39.42% over the same period of last year; Basic earnings per share was 0.78 yuan, an increase of 39.42% over the same period last year. In 2024, sales revenue will increase mainly due to factors such as the increase in sales volume and price increases of the company's products.

Dongpeng Beverage: Net profit in 2024 is expected to increase by 54% to 69% year-on-year

Dongpeng Beverage (605499) announced that according to the preliminary calculation of the financial department, it is expected that the net profit attributable to the owners of the parent company in 2024 will be between 3.15 billion yuan and 3.45 billion yuan, an increase of 54% to 69% compared with the same period last year. On the basis of consolidating the basic market of Dongpeng Special Drink and continuing to maintain steady growth, the company actively explores the development of multiple categories and cultivates new growth points, which injects new vitality into the company's sustainable growth, thereby further driving the growth of revenue.

Yutong Bus: Net profit in 2024 is expected to increase by 110% to 135% year-on-year

Yutong Bus (600066) announced that according to the preliminary calculation of the financial department, it is expected that the net profit attributable to shareholders of listed companies in 2024 will be 3.82 billion yuan to 4.27 billion yuan, an increase of 2 billion yuan to 2.45 billion yuan compared with the same period last year, an increase of 110% to 135% year-on-year. In 2024, the company will sell a total of 46,918 buses, a year-on-year increase of 28.48%; Among them, export sales were 14,000 vehicles, a year-on-year increase of 37.73%, and domestic sales were 32,918 vehicles, a year-on-year increase of 24.91%. As a result, the company's net profit attributable to shareholders of listed companies increased year-on-year.

Founder Technology: Net profit in 2024 is expected to increase by 62.87% to 103.59% year-on-year

Founder Technology (600601) announced that according to the preliminary calculation of the financial department, it is expected that the net profit attributable to the owners of the parent company in 2024 will be 220 million yuan to 275 million yuan, an increase of 84.92 million yuan to 140 million yuan compared with the same period last year, an increase of 62.87% to 103.59% year-on-year. First, the company's high-end production capacity investment and construction are advancing as planned, and the production capacity of high-end products has been greatly improved; the second is to actively respond to the technical needs of major customers and upgrade the technical capabilities of domestic factories; The third is to maintain continuous efforts in the field of communication equipment and intelligent terminal markets, target the leading customers in AI servers, optical modules, switches and other market fields, and continue to optimize the product order structure; Fourth, strengthen refined management and comprehensively reduce costs and increase efficiency. During the reporting period, the company's main operating indicators were steadily improved.

Roshow Technology: Net profit in 2024 is expected to increase by 90.91%-121.45% year-on-year

Roshow Technology (002617) released a performance forecast, and it is expected that the net profit attributable to the parent company in 2024 will be 250 million yuan - 290 million yuan, a year-on-year increase of 90.91% - 121.45%. During the reporting period, the photovoltaic power generation business and the basic industrial manufacturing business continued to provide stable profits for the company; The revenue and profit of the climbing machine business increased significantly compared with the same period last year, which became a new profit growth point for the company.

Shengda Bio: Net profit in 2024 is expected to be 26 million yuan to 36 million yuan, and it will turn losses into profits

Shengda Biotechnology (603079) announced that according to the preliminary calculation of the company's financial department, it is expected that the net profit attributable to the owners of the parent company in 2024 will be 26 million yuan to 36 million yuan, compared with the loss of 54.0629 million yuan in the same period last year. During the reporting period, the company focused on refined management and technology improvement, and achieved cost reduction and efficiency increase. At the same time, the company deepened the differentiated competition strategy, deeply cultivated the pharmaceutical-grade vitamin track, increased the market development of clean label products, and optimized the company's product sales structure compared with the same period last year. During the reporting period, the operating income of the company's high-net-worth products such as pharmaceutical-grade vitamin products and clean label products increased year-on-year.

Dabeinong: It is expected that the net profit in 2024 will be 300 million yuan to 400 million yuan year-on-year

Dabeinong (002385) released a performance forecast, and it is expected that the net profit attributable to the parent company in 2024 will be 300 million yuan to 400 million yuan, compared with a loss of 2.174 billion yuan in the same period last year. In 2024, the company's operating performance will turn losses into profits, mainly due to the year-on-year increase in the average sales price of live pigs during the reporting period, and the significant decrease in pig breeding costs compared with the same period last year; At the same time, the company strengthened operation and management, improved operational efficiency, and the expenses during the period showed a downward trend compared with the same period last year.

China Super Holdings: The two subsidiaries recently won a total of 173 million yuan for the project

Zhongchao Holdings (002471) announced that recently, the State Grid Corporation of China and other companies released the bidding results, the company's wholly-owned subsidiary Pearl Cable, holding subsidiary Zhongchao Cable as the winning bidder, the winning bid amount of 173 million yuan, the winning bid amount accounted for 2.84% of the company's audited total operating income in 2023.

Shenzhen Airport: Signed a strategic cooperation agreement with a low-altitude production service company

Shenzhen Airport (000089) announced that on January 18, the company signed a "strategic cooperation agreement" with China Machine Certification and Inspection (301508) and Shenzhen Low-altitude Industry Development Service Co., Ltd., and all parties will work together to carry out in-depth cooperation in the field of aviation ground service equipment, low-altitude aircraft and other inspection and testing, and establish a long-term strategic partnership. The three parties agreed to establish the Guangdong-Hong Kong-Macao Greater Bay Area Intelligent Unmanned Equipment Technology Research Center, to carry out comprehensive cooperation in multiple fields under the premise of complying with laws, regulations and regulatory requirements, and to reduce costs or increase profits for the three parties as much as possible, and promised to provide high-quality, efficient and personalized services to each other and its customers.

Shanghai Silicon Industry: Some directors and executives plan to increase their holdings of the company's shares

Shanghai Silicon Industry (688126) announced that the company recently received a notification letter from Qiu Ciyun, director / president of the company, Li Wei, executive vice president, Chen Taixiang, executive vice president, Huang Yan, vice president of finance / head of finance and Fang Na, secretary of the board of directors, based on the confidence in the company's sustainable and stable development in the future and the recognition of the long-term investment value of the company's shares, it intends to use its own funds or self-raised funds within 12 months from January 21, 2025. Increase the company's shares through the methods permitted by the Shanghai Stock Exchange trading system (including but not limited to centralized bidding and block trading, etc.), and the total amount to be increased this time is not less than 6 million yuan and not more than 12 million yuan.

On the evening of January 20, a number of listed companies in Shanghai and Shenzhen issued announcements. Here's a quick rundown of the announcements:

Zhongke Sanhuan: Net profit in 2024 is expected to decrease by 94.55%-96.37% year-on-year

Zhongke Sanhuan (000970) released a performance forecast, and it is expected that the net profit attributable to the parent company in 2024 will be 10 million yuan - 15 million yuan, a year-on-year decrease of 94.55% - 96.37%. During the reporting period, the main reasons for the year-on-year decline in the company's performance were: during the reporting period, affected by factors such as the decline in the price of rare earth raw materials, the lack of demand in some downstream application fields, and the intensification of market competition, the company's product prices decreased year-on-year and gross profit narrowed; During the reporting period, the price of rare earth raw materials declined, resulting in an increase in the company's asset impairment loss.

Tongling shares: net profit in 2024 is expected to decrease by 45.45%-59.99% year-on-year

Tongling Co., Ltd. (301168) announced that the net profit attributable to shareholders of listed companies in 2024 is expected to be 66 million yuan to 90 million yuan, a decrease of 45.45% to 59.99% over the same period last year. In 2024, due to the decline in the price of downstream photovoltaic modules, the prices of various upstream auxiliary materials will generally decrease, and the profits of the entire photovoltaic industry chain will be under pressure, among which the average unit price of junction boxes will decrease significantly compared with 2023; In 2024, as one of the main materials of the company's main products, copper prices have been fluctuating at a high level, and the superposition of the above two factors has led to a decline in the company's profitability in 2024.

Walvax Biotech: Net profit in 2024 is expected to decrease by 57%-67% year-on-year

Walvax Biotech (300142) released a performance forecast, and it is expected that the net profit attributable to the parent company in 2024 will be 140 million yuan to 180 million yuan, a year-on-year decrease of 57% to 67%. During the reporting period, the company's 13-valent pneumococcal polysaccharide conjugate vaccine continued to maintain the first domestic market share, but due to factors such as the decline in the number of domestic newborns and the intensification of market competition, the domestic sales revenue decreased compared with the same period last year. The overall bid price of the recombinant HPV bivalent (16/18) vaccine (yeast) decreased, and the sales revenue of the product continued to be under pressure in the self-paid market due to factors such as the expansion of the 9-valent HPV vaccine and the decrease in the willingness to vaccinate at its own expense, resulting in a decrease in sales revenue compared with the same period last year. During the reporting period, the company's overseas business achieved operating income of about 534 million yuan, an increase of about 96% over the same period of last year.

Chengdu Road and Bridge: The net profit in 2024 is expected to lose 68.559 million yuan - 99.4106 million yuan

Chengdu Road and Bridge (002628) announced that the net profit attributable to shareholders of listed companies in 2024 is expected to be a loss of 68.559 million yuan - 99.4106 million yuan, compared with a profit of 4.493 million yuan in the same period last year. The investment income expected to be recognized in the reporting period decreased by 68.7418 million yuan over the same period of last year, which was the main reason for the significant decrease in net profit attributable to shareholders of listed companies compared with the same period last year. The company announced on the same day that as of the end of the fourth quarter of 2024, the company's newly won bids and newly signed orders totaled 44.6451 million yuan. As of the end of December 2024, the company has signed 34 unfinished orders with an order amount of 3.806 billion yuan, of which individual projects are in a state of suspension.

Huajin shares: net profit in 2024 will be 2.6 billion yuan - 2.9 billion yuan year-on-year

Huajin Co., Ltd. (000059) released a performance forecast, and it is expected that the net profit attributable to the parent company will be 2.6 billion yuan to 2.9 billion yuan in 2024, and the profit will be 70.2999 million yuan in the same period last year. In 2024, the company will carry out routine shutdown maintenance once every three years; At the same time, due to multiple factors such as large fluctuations in the international crude oil market and insufficient downstream demand in the petrochemical industry, the company's operating performance decreased significantly compared with the same period last year.

Goertek: Goertek, a holding subsidiary, submitted an application for listing of H shares to the Hong Kong Stock Exchange

Goertek (002241) announced that its holding subsidiary, Goertek, submitted an application for the initial public offering of overseas listed foreign shares (H shares) and listing on the main board of the Hong Kong Stock Exchange on January 20, 2025, and published the application materials for the issuance and listing on the website of the Hong Kong Stock Exchange.

FAW Jiefang: China FAW Co., Ltd. pledged not to reduce its stake in the company by 2025

FAW Jiefang (000800) announced that based on the confidence in the company's future development and the recognition of its intrinsic value, in order to enhance investor confidence, maintain the stability of the capital market and the interests of investors, China FAW Co., Ltd., which holds 62.18% of the company's shares, promised not to reduce its holdings of the company's shares in any way in 2025.

Opt: It is planned to acquire 51% of the shares of Dongguan Taylor's for 78.54 million yuan to strengthen the ability to solve visual solutions

Optim (688686) announced that the company intends to acquire 51% of the equity of Dongguan Taylor's existing shareholders with its own funds of 78.54 million yuan. Dongguan Taylor is mainly engaged in the research and development, production and sales of precision transmission components; The main products include linear motors, DD motors, linear modules, precision marble linear motor platforms, etc. Through the merger and acquisition of Dongguan Taylor, the company has effectively broadened its product line and strengthened its ability to solve visual solutions. In the future, the combination of motion solution solution and vision solution ability will further consolidate and enhance the company's market competitiveness, broaden the application scenarios of machine vision and motion parts products, explore more business opportunities and customer resources, and provide assistance for the development of automation and intelligence for customers.

CLP Xingfa: The company's securities abbreviation is planned to be changed to "CLP Xinlong".

CLP Xingfa (002298) announced that in order to further strengthen brand publicity and marketing, further enhance brand awareness and influence, and better promote the company's sustainable, steady and high-quality development, it is now planned to change the company's name and abbreviation. After the change, the name of the company is Anhui CLP Xinlong Technology Co., Ltd., and the securities abbreviation is CLP Xinlong.

Xinfengming: A wholly-owned subsidiary increased its capital to Hongyi Thermal Power

Xinfengming (603225) announced that according to the company's strategic development goals and needs, the company's wholly-owned subsidiaries Zhongwei Chemical Fiber and Linhang Xinshi Development and Construction jointly added 180 million yuan of registered capital to Hongyi Thermal Power according to the proportion of shareholdings, and the registered capital of Hongyi Thermal Power was changed to 330 million yuan after the new registered capital. Zhongwei Chemical Fiber increased its capital by 171 million yuan, still accounting for 95% of the registered capital of Hongyi Thermal Power; The development and construction of Linhang New City increased its capital by 9 million yuan in monetary terms, which still accounts for 5% of the registered capital of Hongyi Thermal Power, which is still a subsidiary of Zhongwei Chemical Fiber Holdings.

Sichuan Investment Energy: Acquired 87% of the equity of Yuan'an Pumped Storage and invested in the construction of Hubei Yuan'an Pumped Storage Power Station

Sichuan Investment Energy (600674) announced that the company held the 35th meeting of the 11th board of directors on January 20, 2025 to deliberate and approve the "Proposal Report on the Acquisition of 87% Equity of Hubei Yuan'an Pumped Storage Co., Ltd. and Investment in the Construction of Hubei Yuan'an Pumped Storage Power Station by Delisting". The meeting agreed that the company will acquire 87% of the shares of Hubei Yuan'an Pumped Storage Co., Ltd. (hereinafter referred to as "Yuan'an Pumped Storage") held by China Three Gorges Construction Engineering (Group) Co., Ltd. (hereinafter referred to as "Three Gorges Construction Engineering") in cash through public delisting on the Shenzhen United Equity Exchange, with an equity transaction price of 148 million yuan, and Yuan'an Pumped Storage as the main investor to invest in the construction of Hubei Yuan'an Pumped Storage Power Station, with a total investment of 8.199 billion yuan.

Source: Qianyan Comprehensive