A number of listed companies in Shanghai and Shenzhen issued important announcements on the evening of January 20, and the following is a summary of good news:

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.

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.

Yueda Investment: It is planned to invest 260 million yuan to build a shared energy storage power station project

Yueda Investment (600805) announced on the evening of January 20 that its holding subsidiary, Dongtai Dongyue New Energy Technology Co., Ltd. (hereinafter referred to as "Dongyue New Energy Company"), plans to invest in the construction of a shared energy storage power station project in Dongtai City, Yancheng, with a total installed capacity of about 100MW/200MWh and a total investment of about 260 million yuan. The company announced on the same day that its wholly-owned subsidiaries Jiangsu Yueda Energy Storage Technology Co., Ltd. and Yueda Capital (Hong Kong) Co., Ltd. increased their capital by 69 million yuan to Dongyue New Energy Company.

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.

BOE A: Net profit in 2024 is expected to increase by 104%-116% year-on-year

BOE A (000725) released a performance forecast on the evening of January 20, and it is expected that the net profit attributable to the parent company in 2024 will be 5.2 billion yuan - 5.5 billion yuan, a year-on-year increase of 104% - 116%.

New Yisheng: Net profit in 2024 is expected to increase by 306.76%-343.08% year-on-year

Xinyisheng (300502) released a performance forecast on the evening of January 20, and it is expected that the net profit attributable to the parent company in 2024 will be 2.8 billion yuan - 3.05 billion yuan, a year-on-year increase of 306.76% - 343.08%. During the reporting period, the company benefited from the continuous growth of computing power investment and the rapid increase in demand for high-speed products, and the company expects that the sales revenue and net profit will increase significantly compared with the same period last year, and the interest income and foreign exchange income in the current period will have a positive impact on the company's profit level.

Shenglong Co., Ltd.: Signed a product development agreement with Fuyao Glass to achieve sales of about 800 million yuan in the life cycle

Shenglong Co., Ltd. (603178) announced on the evening of January 20 that the company recently signed a "product development agreement" with Fuyao Glass Industry Group Co., Ltd. (hereinafter referred to as "Fuyao Glass"), and selected the company as the exclusive supplier of its shaft drive motor assembly and controller for industrial production. According to the customer's plan, the project has a life cycle of 5 years, and is expected to start mass production in 2025, with sales of about 800 million yuan in the life cycle.

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.

Cooltech Power Supply: Genset products are only used as backup power supply in the data center

Cooltech Power (300153) disclosed the announcement of stock trading changes on the evening of January 20, and the company paid attention to the market's high attention to the concept of computing power and the power supply sector of the data center. The company has been engaged in the production and sales of generator set products, and its main business has not changed. Genset products are only used as backup power sources in the data center, and are not the core equipment directly related to computing power in the data center. The generator set industry has many years of development history, belongs to a mature and fully competitive market, and the company is in the product manufacturing link of the generator set industry chain, the market end is affected by the downstream demand and customer project progress, the upstream is affected by the supply of core components, and the midstream is affected by the market competition pattern. There are uncertainties in the scale and speed of development and implementation of downstream markets such as computing power, and there are also great uncertainties about their impact on the company's business. The company's stock price has risen sharply in the short term, but there has been no major change in the company's fundamentals, and there is no material information that should be disclosed but has not been disclosed.

Jinli Permanent Magnet: It is planned to invest 1.05 billion yuan in the construction of a green intelligent manufacturing project with an annual output of 20,000 tons of high-performance rare earth permanent magnet materials

Jinli Permanent Magnet (300748) announced on the evening of January 20 that the company intends to invest in the construction of "green intelligent manufacturing project with an annual output of 20,000 tons of high-performance rare earth permanent magnet materials" through its wholly-owned subsidiary, Jinli Permanent Magnet (Baotou) Technology Co., Ltd. The total planned investment of the project is 1.05 billion yuan, the construction period of the project is 2 years, and the company will have an annual production capacity of 60,000 tons of high-performance rare earth permanent magnet materials after completion. The company released a performance forecast on the same day, and it is expected that the net profit attributable to the parent company in 2024 will be 271 million yuan to 327 million yuan, a year-on-year decrease of 42% to 52%.

Chengdu Huawei: Signed a sales contract for system-level chip products with a total amount of 100 million yuan

Chengdu Huawei (688709) announced on the evening of January 20 that the company recently signed a sales contract for system-on-chip (fiber optic gyroscope SIP) products with a customer, with a total contract amount of 100 million yuan (including tax), accounting for 10.8% of the company's audited operating income in 2023 and 45.28% of the company's audited operating cost in 2023.