Today's Spotlight

1. Dongpeng Beverage: It plans to issue H shares and be listed on the main board of the Hong Kong Stock Exchange

Dongpeng Beverage: net profit of 3.327 billion yuan in 2024, a year-on-year increase of 63.09%, and 10 distributions of 25 yuan are planned; The Company intends to issue H shares and list on the Main Board of The Stock Exchange of Hong Kong Limited.

2. Unisplendour: It intends to issue H shares and be listed on the Hong Kong Stock Exchange

Unigroup announced in the evening that the company intends to issue shares (H shares) overseas and be listed on the Stock Exchange of Hong Kong Limited (hereinafter referred to as the "Hong Kong Stock Exchange"), and the company's board of directors authorized the company's management to start the preparatory work for the listing of H shares. The company is discussing with relevant intermediaries the specific promotion of the H-share listing, and the details of the H-share listing have not yet been determined.

3. New phase micro: the issuance of shares and the payment of cash to purchase assets are being promoted, and the stock continues to be suspended

Xinxiangwei announced in the evening that the company is planning to purchase the control of Shenzhen Aixiesheng Technology Co., Ltd. by issuing shares and paying cash, and at the same time raise matching funds. The company's shares have been suspended since the market opened on March 3, and the suspension was expected to last no more than 5 trading days. As of the date of disclosure of this announcement, the relevant parties are actively promoting the work of this transaction, and the company is expected to be unable to resume trading from the opening of the market on the morning of March 10. The company's shares have continued to be suspended since the market opened on the morning of March 10, and it is expected that the suspension will continue to last no more than 5 trading days.

4. Guangzhou Automobile Group: Automobile sales in February were 98,700, a year-on-year increase of 0.33

Guangzhou Automobile Group (601238.SH) announced that the output of automobiles in February was 106,000 units, a year-on-year increase of 25.04%, and the cumulative output this year was 222,300 units, a year-on-year decrease of 8.23%; In February, the sales volume of automobiles was 98,700 units, a year-on-year increase of 0.33%, and the cumulative sales volume of this year was 197,200 units, a year-on-year decrease of 14.42%.

5. Wen's shares: the sales revenue of live pigs in February was 4.686 billion yuan, down 12.39% month-on-month

Wen's shares (300498.SZ) announced that the company sold 82.2197 million broilers (including chickens, fresh products and cooked food) in February 2025, with an income of 1.955 billion yuan and an average sales price of 10.43 yuan/kg, with month-on-month changes of -13.12%, -17.48% and -8.51%, and year-on-year changes of 17.96%, -6.10% and -23.25% respectively. In February 2025, the company sold 2,598,300 live pigs (including 2,512,900 pigs and fresh products, and 85,400 piglets), with an income of 4.686 billion yuan and an average sales price of 14.96 yuan/kg, with month-on-month changes of -10.39%, -12.39%, and -5.14%, and year-on-year changes of 35.18%, 40.38%, and 4.69% respectively.

6. China Resources Micro: Chairman Chen Xiaojun resigned due to work adjustment

China Resources Micro announced in the evening that the company's board of directors recently received the resignation report of Chen Xiaojun, chairman of the company. Due to work adjustment, Chen Xiaojun applied for resignation as chairman of the company.

7. 2 Lianban Zhenghe Ecology: The company recently signed a strategic cooperation agreement with Zhipu AI and has not yet formed related business income and revenue

Zhenghe Ecology (605069.SH) issued an announcement on abnormal fluctuations in stock trading, saying that recently, the company has paid attention to the active concept of "AI", and the company's main business has not changed. The company recently signed a strategic cooperation agreement with Beijing Zhipu Huazhang Technology Co., Ltd. (Zhipu AI), the initial capital investment is small, and the relevant business income and income have not yet been formed, so investors are invited to make rational decisions and invest prudently.

8. Hainan Huatie: The signed computing power service contract has a long term and there are related risks in the performance process

Hainan Huatie (603300.SH) issued an announcement on abnormal fluctuations in stock trading, the company has signed a long term of computing power service contracts, and there are related risks in the performance process: one procurement risk: in addition to some of the computing equipment that the company has delivered, other related equipment has not yet been purchased, and will be gradually delivered according to the customer's plan, and related products may be affected by the market environment, industry policies, etc., resulting in increased procurement difficulties, and there is a risk that suppliers cannot continue to supply stably; Second, the risk of capital expenditure: the computing power service contract signed by the company corresponds to a large capital expenditure, and there is a risk of insufficient fund raising; Third, the risk of contract performance: the performance period of the computing power service contract signed by the company is long, and the revenue will be recognized in installments, and there is a risk that the contract performance will change due to changes in its own operations.

9. HSBC Holdings: repurchased nearly 6.09 million shares on the Hong Kong Stock Exchange and the London Stock Exchange

The holding announced that the company will repurchase about 3.13 million shares on the London Stock Exchange and other places on March 6, 2025, with a repurchase price of 8.793 to 8.973 pounds per share, with a total repurchase amount of about 27.76 million pounds. In addition, the company repurchased approximately 2.96 million shares on the Hong Kong Stock Exchange on the same day, with a repurchase price ranging from HK$89.05 to HK$90.05 per share, with a total repurchase amount of HK$265.61 million.

10. Yongan Bank: The actual controller is planning the transfer of the company's shares, and the stock is suspended

Yongan Bank (603776.SH) announced that the company received a notice from Sun Jisheng, the controlling shareholder and actual controller of the company, on March 7, 2025, that Sun Jisheng was planning the transfer of the company's shares, which may lead to a change of control of the company. Trading in the company's shares, convertible bonds and convertible bonds will be suspended from the market open on March 10, 2025 (Monday), and the suspension is expected to last no more than 2 trading days.

11. Zhongke Tongda: It is planned to purchase 100% of the shares of Xinghe Beihai and the stock will be suspended from March 10

Zhongke Tongda (688038.SH) announced that the company's shares will be suspended from March 10, 2025 due to the planning to issue shares and pay cash to purchase 100% of the shares of Xinghe Power (Beihai) Technology Co., Ltd. (hereinafter referred to as "Xinghe Beihai") and raise matching funds, and the suspension is expected to last no more than 5 trading days. The transaction is expected to constitute a major asset restructuring.

12. Shanghai Silicon Industry: Plans to purchase minority shares and other assets Stocks will resume trading next Monday

Shanghai Silicon Industry (688126.SH) announced that the company intends to purchase 46.7354% of the shares of Xinsheng Jingtou, 49.1228% of the shares of Xinsheng Jinko and 48.7805% of the shares of Xinsheng Jingrui from the counterparty by issuing shares and paying cash, and raise matching funds. After the completion of this transaction, the Company will directly and indirectly hold 100% equity interest in Ascend Crystal Investment, 100% equity interest in Ascend Crystal and 100% equity interest in Ascend Crystal Investment. According to the relevant regulations, after applying to the Shanghai Stock Exchange, the company's shares will be suspended from the opening of the market on February 24, 2025, and will resume trading from the opening of the market on March 10, 2025.

13. Reddick: Signed an equity acquisition agreement to acquire 51% of the equity of Tranquil Precision

Reddick (300652.SZ) announced that the company signed the "Equity Acquisition Intent Agreement" with Transcription Precision Technology (Shenzhen) Co., Ltd. (hereinafter referred to as "Transcription Precision" or "Target Company") and its shareholders Shenzhen Jingzhan Transmission Technology Co., Ltd., Transcription Precision Technology Co., Ltd., and Shenzhen Jinzhan Investment Partnership (Limited Partnership) to purchase part of the equity of the target company held by the above shareholders in cash and increase capital to obtain 51% of the equity of the target company. After the completion of the acquisition, the target company will be included in the scope of the merger of listed companies. Transcription Precision focuses on the R&D, production and sales of ball screws, planetary roller screws, precision linear module slides, precision alignment platforms, precision air flotation platforms, micro electric slides, etc.

14. New Cape: The existing projects of AI products on smart campuses will not have a significant impact on performance for the time being

New Cape (300248.SZ) disclosed the stock price change announcement, saying that the company has noticed in the process of communicating with investors that the market has recently paid more attention to artificial intelligence technology and its application in the field of education. As an enterprise focusing on the field of smart campus, the company attaches great importance to the R&D and application of cutting-edge technologies.

15. Hotgen Biotech: Biological innovative drugs and other related businesses are independently operated by associates Related businesses have the characteristics of large R&D investment and high R&D risk

Hotgen Biotechnology (688068.SH) announced that the company's shares deviated from the daily closing price increase by more than 30% in three consecutive trading days from March 5 to 7, 2025, which is an abnormal fluctuation in stock trading. Risk of R&D of innovative drugs of joint ventures: The company's current main business is R&D, production and sales of in vitro diagnostic reagents and supporting instruments, and related businesses such as biological innovative drugs and early tumor screening are independently operated by the company's associates, such as Shunjing Pharmaceutical, Yaojing Gene, Zhiyuan Biotech and Aorui Biotech, etc., respectively, and the related businesses have the characteristics of large R&D investment and high R&D risk.

16. Haozhi Electromechanical: It is planned to establish a joint venture with Fengzhisheng Company to establish a holding subsidiary

Haozhi Electromechanical (300503.SZ) announced that the company intends to establish a joint venture with Changshu Fengzhisheng Machinery Technology Co., Ltd. (hereinafter referred to as "Fengzhisheng Company") to establish a holding subsidiary "Hunan Haozhi Transmission Machinery Co., Ltd." (hereinafter referred to as "the joint venture company"), which will focus on the research and development, production and sales of linear guide rails and related spare parts. The company contributed money in monetary and non-monetary (i.e., physical assets), with a total amount of 70 million yuan, accounting for 70% of the registered capital.

17. Hangzhou Tooth Forward: The company's stock is at a historical high, and there is a risk of a short-term sharp decline

601177.SH Since February 12, 2025, the closing price of the company's shares has seen 11 daily limits in 17 consecutive trading days, with a cumulative increase of 147.14%, and the actual fluctuation of stock prices in the short term is large. In the past month, the company's shares have risen by 160.83%, and the Flush General Equipment Index has risen by 14.67% over the same period. As of March 7, 2025, the closing price of the company's stock is 23.97 yuan per share, which is at a historical high, and there is a risk of a sharp decline in the short term.

Operational performance

Jufei Optoelectronics: Net profit in 2024 will be 339 million yuan, a year-on-year increase of 47.26%.

Jufei Optoelectronics (300303.SZ) announced that the total operating income in 2024 will be 3.053 billion yuan, a year-on-year increase of 21.54%; net profit attributable to shareholders of listed companies was 339 million yuan, a year-on-year increase of 47.26%. During the reporting period, the company seized the opportunity of the gradual recovery of the consumer electronics industry and continuously launched new LED products for high-end products. Thanks to the rapid increase in the proportion of MiniLED products in display terminals, some of the company's product solutions lead the development of the industry and become the first choice of customers; With the rapid penetration of new energy vehicles, the company's automotive display products have covered the world's leading customers in the industry, and the high-performance automotive lighting LED products launched in recent years are progressing smoothly.

High-tech development: net profit in 2024 will be 59.4767 million yuan, down 83.75% year-on-year

High-tech Development (000628.SZ) released a performance report, with a total operating income of 7.133 billion yuan in 2024, a year-on-year decrease of 10.93%; the net profit attributable to the parent company was 59.4767 million yuan, a year-on-year decrease of 83.75%; Basic earnings per share was 0.17 yuan. The performance of the reporting period decreased compared with the same period last year, mainly due to the following reasons: the company completed the transfer of the controlling stake of the subsidiary in September 2023, which increased the company's net profit of about 150 million yuan in the same period last year, which is a non-recurring profit or loss. During the reporting period, the Company had no impact on the aforesaid events.

Tang Renshen: The sales revenue of live pigs in February was 681 million yuan, down 16.5% month-on-month

Tang Renshen (002567.SZ) announced that the company's live pig sales in February 2025 will be 398,400 (including 370,200 commercial pigs and 28,200 piglets), an increase of 46.47% year-on-year and a month-on-month decrease of 13.22%; The total sales revenue was 681 million yuan, an increase of 70.24% year-on-year and a decrease of 16.5% month-on-month. From January to February 2025, the cumulative sales of live pigs will be 857,500 (including 804,300 commercial pigs and 53,200 piglets); The sales revenue was 1.496 billion yuan, an increase of 83.78% year-on-year. The main reason for the year-on-year increase in the company's pig sales in February 2025 is the increase in the number of pigs slaughtered under the "company + farmer" breeding model.

Tiankang Biological: The sales revenue of live pigs in February was 383 million yuan, down 8.37% month-on-month

Tiankang Biology (002100.SZ) announced that the company sold 257,900 live pigs in February 2025, with sales down 13.46% month-on-month and 65.32% year-on-year; The sales revenue was 383 million yuan, a decrease of 8.37% month-on-month and a year-on-year increase of 56.97%. In February 2025, the average sales price of commercial pigs (after deducting piglets and breeding pigs) was 13.52 yuan/kg, down 8.59% month-on-month. From January to February 2025, the company sold a total of 556,000 live pigs, an increase of 43.26% over the same period last year; The cumulative sales revenue was 801 million yuan, an increase of 37.39% over the same period last year.

Luo Niushan: The sales revenue of live pigs in February was 101 million yuan, an increase of 22.04% month-on-month

Luo Niushan (000735.SZ) announced that the company sold 49,100 live pigs in February 2025, with a sales revenue of 101 million yuan, a month-on-month change of 25.24% and 22.04%, and a year-on-year change of 23.24% and 46.46% respectively. From January to February 2025, the company sold a total of 88,400 live pigs, a year-on-year decrease of 24.85%; The cumulative sales revenue was 183 million yuan, a year-on-year decrease of 1.01%.

Zhengbang Technology: The sales revenue of live pigs in February was 463 million yuan, down 32.15% from the previous month

Zhengbang Technology (002157.SZ) announced that the company sold 450,700 live pigs (including 287,700 piglets and 163,000 commercial pigs) in February 2025, a decrease of 21.12% month-on-month; The sales revenue was 463 million yuan, down 32.15% from the previous month. The average sales price of commercial pigs (after deducting piglets) was 14.35 yuan/kg, down 6.41% from the previous month. From January to February 2025, the company sold a total of 1.0221 million live pigs, a year-on-year increase of 57.11%; The cumulative sales revenue was 1.145 billion yuan, an increase of 94.71% year-on-year.

Jin Xinnong: The sales revenue of live pigs in February was 122 million yuan

Jin Xinong (002548.SZ) announced that the company's live pig sales in February 2025 will be 93,400 (including 55,900 commercial pigs, 37,300 piglets, and 00,200 breeding pigs), with a sales revenue of 122 million yuan and an average sales price of 15.12 yuan/kg.

Keming Food: The sales revenue of live pigs in February of the subsidiary Xingjiang Muge was 39.6111 million yuan, down 1.97% month-on-month

Keming Food (002661.SZ) announced that Xingjiang Muge, a subsidiary of the company, sold 33,100 live pigs in February 2025, with sales down 11.65% month-on-month and 27.87% year-on-year; The sales revenue was 39.6111 million yuan, a decrease of 1.97% month-on-month and a year-on-year increase of 45.41%. From January to February 2025, the company sold a total of 70,500 live pigs, an increase of 2.96% over the same period last year; The cumulative sales revenue was 80.0177 million yuan, an increase of 5.80% over the same period last year.

Repurchase & increase or decrease holdings

Shanzi Hi-Tech: Yinyi Holdings intends to reduce its holdings of no more than 0.36% of the company's shares

Shanzi Hi-Tech announced in the evening that recently, the company received the "Share Reduction Plan Notification Letter" from the shareholder Yinyi Holdings, due to the implementation of the "Yinyi Group Co., Ltd. and other 17 companies merger and reorganization reorganization plan", Yinyi Holdings plans to reduce its holdings of the company's shares by centralized bidding within 3 months after 15 trading days (that is, April 1 to June 30), accounting for no more than 36.0299 million shares of the company's total share capital, accounting for no more than 0.36% of the company's total share capital.

Jingxin Pharmaceutical: Adjust the upper limit of repurchase funds to 700 million yuan

Jingxin Pharmaceutical (002020.SZ) announced that the company will adjust the total amount of repurchase funds from "not less than RMB 200 million (inclusive) and not more than RMB 400 million (inclusive)" to "not less than RMB 350 million (inclusive) and not more than RMB 700 million (inclusive)". Except for the adjustment of the total amount of repurchase funds, the other contents of the share repurchase plan have not changed. This adjustment is within the scope of the approval authority of the board of directors and does not need to be submitted to the general meeting of shareholders for deliberation.

State Cable Testing: plans to repurchase the company's shares

State Cable Testing (301289.SZ) announced that the company intends to repurchase the company's issued A shares in a centralized bidding transaction as a stock source for the A share restricted stock incentive plan. The minimum number of shares to be repurchased is 256,700 shares, and the upper limit is 513,400 shares, and the repurchase price does not exceed RMB 74.36 per share.

Aike Saibo: Shareholders plan to reduce their holdings of no more than 2% of the company's shares in total

Aike Saibo (688719.SH) announced that shareholders Dachen Chuangtong and Dachen Chuanghong intend to reduce their holdings of the company's shares by centralized bidding or block trading within 3 months after 15 trading days from the date of disclosure of the announcement, with a total of no more than 2,307,708 shares, that is, no more than 2.00% of the company's total share capital.

Jieya shares: Shareholder Mingyuan Fund and its concerted actor Zhongyi Mingyuan plan to reduce their holdings of no more than 4.95% of the company's shares

Jieya shares (301108.SZ) announced that Mingyuan Fund, a shareholder holding more than 5% of the shares, and its concerted actor Zhongyi Mingyuan plan to reduce their holdings of the total number of shares before the initial public offering by centralized bidding or block trading within 3 months after 15 trading days from the date of disclosure of this announcement, accounting for no more than 4.95% of the company's total share capital. The reason for the reduction is the shareholders' own management needs, and the source of the shares is the shares acquired before the initial public offering. The reduction period is 3 months after 15 trading days from the date of the announcement of this reduction plan, and the price range of the reduction is determined according to the market price at the time of the reduction.

Miscellaneous

Montage Technology: The overall penetration rate of DDR5 will continue to increase in 2025

Montage Technology (688008.SH) announced that in 2024, the company's DDR5 memory interface chip shipments have surpassed DDR4 memory interface chips, and DDR5 second-generation RCD chip shipments have exceeded that of first-generation products, and third-generation RCD chips will be shipped on a large scale from the fourth quarter. From the perspective of industry trends, the overall penetration rate of DDR5 will continue to increase in 2025, and the proportion of DDR5 second- and third-generation RCD chip shipments will further increase.

Xiechuang data: The total amount of servers to be purchased from a number of suppliers is expected to not exceed 3 billion yuan

Xiechuang Data (300857.SZ) announced that the company plans to purchase servers from a number of suppliers, with a total amount expected to be no more than 3 billion yuan, to provide customers with computing power leasing services.

Dangsheng Technology: The company's solid-state lithium battery products have been introduced into a number of solid-state battery customers in batches

Dangsheng Technology said on the interactive platform that the company has developed and laid out multiple technical routes such as oxide and sulfide solid electrolytes, through special component design to regulate lithium-ion channels, multi-element targeted modification to stabilize the crystal structure, designed a unique full-process nano integration process, and successfully developed a nano-scale solid electrolyte with high ionic conductivity and high stability. The company's related solid-state lithium battery products have been introduced into solid-state battery customers such as Huineng, Qingtao, Weilan, and Ganfeng in batches.

Jiangsu Wuzhong: The wholly-owned subsidiary received the indictment

Jiangsu Wuzhong announced in the evening that Jiangsu Wuzhong Import and Export Co., Ltd. (hereinafter referred to as the "Import and Export Company"), a wholly-owned subsidiary of the company, recently received an indictment from the People's Procuratorate of Hengdong County, Hunan Province, arguing that Yang Feng, the then legal representative and chairman of the Import and Export Company, assisted Lin Xiqin and others in defrauding export tax rebates from July 2011 to December 2018, and the Hengdong Procuratorate investigated the import and export company and Yang Feng for the crime of defrauding export tax rebates (accomplice). The relevant case occurred between 2011 and 2018, and after the case, both the import and export company and Yang Feng had voluntarily returned their illegal gains to the Hengdong County Public Security Bureau. The lawsuit has not yet been heard, and there is uncertainty about the final judgment and subsequent enforcement results.

Xinjiang Zhonghe: It is planned to invest 6.781 billion yuan in the construction of an alumina project with an annual output of 2.4 million tons

Xinjiang Zhonghe announced in the evening that the company intends to invest in the construction of an alumina project with an annual output of 2.4 million tons with an annual output of 6.781 billion yuan and a project capital of 2.034 billion yuan with the holding company Fangchenggang Company as the main body.

Nuovezan: Signed a strategic cooperation agreement with BGI to cooperate in reproductive genetics, tumor prevention and control, etc

Novizan (688105.SH) announced that the company signed a strategic cooperation agreement with BGI. The two parties intend to rely on their respective professional technology, industry status and resource advantages to carry out strategic cooperation in the business directions of reproductive genetics, tumor prevention and control, chronic disease management and infection prevention and control. The cooperation period is 5 years, from March 6, 2025 to March 5, 2030.

This article is reprinted from "Tencent Self-selected Stocks", Zhitong Financial Editor: Xu Wenqiang.