Changgao Dianxin: The subsidiaries won a total bid of 123 million yuan for the State Grid project.
() On the evening of August 31st, it was announced that Hunan Changgao Electric Co., Ltd., Hunan Changgao High-voltage Switch Co., Ltd., Hunan Changgao Complete Electrical Appliances Co., Ltd. and Hunan Changgao Senyuan Power Equipment Co., Ltd., wholly-owned subsidiaries of the company, won the bid for three categories of products, namely, combined electrical appliances, disconnectors and switchgear. Among the above-mentioned bidding projects, four wholly-owned subsidiaries won a total bid of 123 million yuan, accounting for 8.06% of the company’s audited consolidated operating income in 2021.
Beijing Kerui has repurchased 2.4312% of the shares and spent a total of 100 million yuan.
() Announcement was issued. As of August 31st, 2022, the company repurchased 13,186,100 shares through the special securities repurchase account, accounting for 2.4312% of the company’s total share capital. The highest transaction price was 8.46 yuan/share, and the lowest transaction price was 5.12 yuan/share, with a total turnover of 100 million yuan.
Newtag hired Shen Jie as chief financial officer.
() Announcement, the board of directors of the company received the resignation application of Quan Xianfeng, the company’s chief financial officer. Quan Xianfeng voluntarily applied to resign as the company’s chief financial officer for personal reasons, and he will no longer hold any position in the company after his resignation. The board of directors agreed to appoint Shen Jie as the company’s chief financial officer. The term of office shall be from the date of deliberation and approval by this board of directors to the date of expiration of the second board of directors.
Four new subsidiaries of Changgaodian won the bid for the State Grid-related procurement projects with a total price of 123 million yuan.
Changgaodian newly issued an announcement. On August 30, 2022, the e-commerce platform of State Grid Co., Ltd. issued the Announcement of Winning the Bid for the 42nd Batch of Procurement of State Grid Co., Ltd. in 2022 (the Fourth Bidding Procurement of Substation Equipment (including Cables) for Power Transmission and Transformation Projects).
Hunan Changgao Electric Co., Ltd., Hunan Changgao High-voltage Switch Co., Ltd., Hunan Changgao Complete Electrical Appliances Co., Ltd. and Hunan Changgao Senyuan Power Equipment Co., Ltd., wholly-owned subsidiaries of the company, won the bid in three categories of products, namely combined electrical appliances, disconnectors and switchgear. In the above-mentioned bidding projects, four wholly-owned subsidiaries won a total bid of 123 million yuan.
Zhu Xiaoxiao, an executive of Reader Culture, has completed the implementation of the plan to reduce 1,644,400 shares.
() Announced that as of August 30th, the senior executive Zhu Xiaoxiao had reduced his holdings by 1,644,400 shares, and this reduction plan has been implemented.
Yueda Investment was authorized to clear its position and reduce its holding of 13,763,700 shares of Alte Automotive Technology Company.
() Announcement: In order to revitalize the existing assets and recover the investment funds, the board of directors of the company agreed to authorize the management to sell the 13,763,700 shares held by () Automotive Technology Co., Ltd. ("Alte Company"). As of the date of this announcement, the company holds 13,763,700 shares of Alte.
It is reported that the business scope of Alte Company is: designing and developing complete vehicles, engines and auto parts; Technology transfer, technical consultation and technical services; Wholesale auto parts, mechanical products, computer software, etc.
Yueda Investment: It is planned to sell 13,763,700 shares of Alte.
Yueda Investment announced on the evening of August 31st that in order to revitalize the existing assets and recover the investment funds, the board of directors of the company authorized the management to sell 13,763,700 shares of Alte.
Yu Yang, a shareholder of mygym, intends to continue to reduce his holdings by no more than 8.2 million shares.
() Announcement was issued. As of August 31, 2022, the shareholder Mr. Yu Yang’s reduction plan expired, and he reduced the company’s shares by 3,872,400 shares.
Mr. Yu Yang plans to reduce his holdings of the company’s shares by centralized bidding within three months after 15 trading days from the date of the announcement of pre-disclosure of the reduced shares, accounting for 0.997% of the total shares of the company.
Failure to disclose the 2021 annual performance forecast as required () and relevant personnel received a warning letter from Jilin Securities Regulatory Bureau.
ST Jinhong announced that the company and related responsible personnel recently received the Decision of Jilin Securities Regulatory Bureau on Taking Measures to Issue Warning Letters to Jinhong Holding Group Co., Ltd. and Related Personnel. The warning letter states:
According to the 2021 Annual Report disclosed by the company on April 28, 2022, the net profit attributable to shareholders of listed companies in 2021 was-661 million yuan, a decrease of 4099.47% compared with 2020. However, the company did not disclose the performance forecast as required.
The above behavior of the company violates the provisions of Article 17 of the Administrative Measures for Information Disclosure of Listed Companies (Order No.182 of the CSRC). Chairman Wang Yinong, General Manager Liu Yuxiang and Chief Financial Officer Xu Hongliang failed to perform their due diligence obligations, which violated the provisions of Article 4 of the Measures for the Administration of Information Disclosure of Listed Companies.
Haisike: The first phase III clinical trial of cyclophenol injection in the United States reached the preset main end point.
() Announced, recently, the first phase III clinical trial (HSK3486-304) of the company’s cyclosporine injection in the United States achieved preliminary statistical analysis results and reached the preset main end point.
It is reported that HSK3486-304 trial is a multi-center, randomized, double-blind, propofol-controlled phase III clinical study to evaluate the effectiveness and safety of general anesthesia induction of HSK3486 injection (cyclophenol) in American adult elective surgery. About 250 American subjects, mainly white and black, were enrolled in the trial. The results show that the clinical trial has reached the preset main end point: effectiveness. And on this premise, the incidence rate of injection of ciclophenol is significantly lower than that of propofol, among which the incidence rate of moderate and severe (NRS score ≥4) injection of ciclophenol is 6.0%, while the incidence rate of propofol is 61.4%, which shows that ciclophenol can significantly reduce the incidence rate of injection pain compared with propofol and has better safety. At present, the company is actively promoting the second phase III clinical trial of cyclophosphamide injection in the United States, and the company is also actively promoting the external licensing and authorization of cyclophosphamide in overseas markets.
Vosges: The battery-grade VC products of its subsidiary officially entered the trial production stage.
On August 31st, the news () announced that the VC project of battery-grade VC products produced by Vosges New Energy, a holding subsidiary of the company, officially entered the trial production stage. It will take some time for the project from small batch production to large-scale production and capacity release in the trial production stage, and the stability of production equipment and product quality of the project needs to be continuously observed.
Puli Pharmaceutical: Notice that Meso Ba Maw Injection was approved by FDA.
() On the evening of August 31st, it was announced that the company had recently received a notice of approval from the marketing license holder of Meso Ba Maw Injection issued by the US Food and Drug Administration (FDA), which indicated that Puli Pharmaceutical was qualified to market Meso Ba Maw Injection in the United States. The medicine is used for adjuvant therapy such as rest and physical therapy when relieving acute skeletal muscle pain or discomfort.
Hite Bio: It is planned to raise no more than 300 million yuan for the pilot project of high-end API R&D.
() On the evening of August 31st, it was announced that the total amount of funds raised by the company by issuing shares to specific targets should not exceed 300 million yuan, which will be used for the pilot project of high-end API research and development.
China Merchants Port plans to publicly issue corporate bonds of no more than 3 billion yuan.
() Announce the issuance of corporate bonds (Phase II) for professional investors in 2022. The issuance scale of bonds in this period is no more than RMB 3 billion. The bond is abbreviated as "22 Zhaogang 02" and the bond code is 148058. The term is 2 years.
According to the comprehensive evaluation of China Chengxin International Credit Rating Co., Ltd., the issuer’s main credit rating is AAA, and the rating outlook is stable. The credit rating of this bond is AAA.
The inquiry range of this bond is 2.10%-3.10%. The issuer and lead underwriter will make interest rate inquiry from investors on September 2, 2022 (T-1), and announce the final coupon rate of this bond on September 5, 2022 (T-1).
Lingtong Bio, the controlling shareholder of Dagang, intends to reduce its shareholding by no more than 3%.
() Announced that the shareholders holding 8.48% of the shares will listen to Tong Bio, and plan to reduce their shares in the company by centralized bidding within three months after 15 trading days from the date of the announcement of the reduction plan, and by block trading within three months from the date of the announcement of the reduction plan, with the total reduction amount not exceeding 9.52 million shares (about 3% of the company’s total share capital).
Hongqi Chain intends to set up a wholly-owned subsidiary with a registered capital of 20 million yuan.
() Announced that the company plans to invest and set up a wholly-owned subsidiary in Longquanyi District, Chengdu due to the needs of business development. The name of the subsidiary is tentatively named "Chengdu Longquanyi Hongqi Logistics Co., Ltd." (tentative name, subject to the approval and registration of the administrative department for industry and commerce, hereinafter referred to as "wholly-owned subsidiary"), with a registered capital of RMB 20 million, which is contributed by the company with its own funds, accounting for 100% of the shares.
On August 31st, 2022, the company held the 30th meeting of the 4th Board of Directors, deliberated and passed the Proposal on Establishing a wholly-owned subsidiary by foreign investment, and agreed that the company should invest in establishing "Chengdu Longquanyi Hongqi Logistics Co., Ltd." in Longquanyi District.
Xianyu Pharmaceutical: Obtained the registration certificate of domestic production of bensulfuron atracurium injection.
() On the evening of August 31st, it was announced that the company had recently received the Drug Registration Certificate (certificate numbers: 2022S00814 and 2022S0815) issued by National Medical Products Administration, and the company’s Bensulfuron atracurium injection was approved for registration.
Hite Bio: It is planned to raise no more than 300 million yuan.
On August 31, Hite Bio announced that it plans to raise no more than 300 million yuan for the pilot project of high-end API research and development.
Jinhe Industry made LP and invested in a medical fund.
Investment sector-decoding LP news, August 26th, () announced that the company intends to use its own funds of 20 million yuan as a limited partner to subscribe for the share of Nanjing Tianhui Yingcai Pharmaceutical Industry Investment Fund Partnership (Limited Partnership).
The target scale of the fund is no more than 100 million yuan, and the investment direction is the growth and middle-late projects of the medical industry.
It is reported that Anhui Jinhe Industrial Co., Ltd. has long focused on the markets of acesulfame K, maltol, ethyl maltol and MCP, and has complete functional teams such as production, research and development, quality inspection and control, ISO and other standardized system management, marketing, health food application and development, and has been committed to building a world-class health food application platform.
Beijing Lier: The shareholding ratio of subsidiaries increased to 70.55%.
() It was announced on the evening of August 31st that during the period from August 4th to August 30th, the company increased its holding subsidiary Weilin Technology by 11,366,800 shares in the national share transfer system for small and medium-sized enterprises, and at the same time, the company accepted 60,000 shares of Weilin Technology by bidding at the same price. The above transaction price is 2.73 yuan/share, and the total transaction amount is 31.195 million yuan. The source of funds for the transaction is its own funds. At present, the company holds a total of 30,219,700 shares of Weilin Technology, accounting for 70.55% of the total share capital of Weilin Technology.
Xianshen Pharmaceutical has obtained the registration certificate of domestic production of bensulfuron atracurium injection.
Xianju Pharmaceutical announced that the company had recently received the Pharmaceutical Registration Certificate for Bensulfuron atracurium Injection approved and issued by National Medical Products Administration, and the company’s Bensulfuron atracurium Injection was approved for registration.
According to the announcement, the original preparation of bensulfuron atracurium injection (trade name: Nimbex) is the first intermediate, non-depolarizing skeletal muscle relaxant with isoquinoline benzyl ester structure developed and produced by Glaxo Wellcome Plc Company in the United Kingdom. As an auxiliary drug for general anesthesia or as a sedative in intensive care unit (ICU), it can relax skeletal muscle and make tracheal intubation and mechanical ventilation easy.
Zhongmi Holdings participates in 500 million industrial M&A funds.
Investment circle-decoding LP news, on August 25th, () announced that the company plans to invest 200 million yuan with its own funds to set up Sichuan Zhenxing Advanced Manufacturing M&A Equity Investment Center (limited partnership) with Chengdu Silu Restructuring Equity Investment Fund Management Co., Ltd. and Sichuan Zhenxing Xinghe Enterprise Management Center (subject to the industrial and commercial registration name, referred to as "Zhenxing Advanced Manufacturing Fund").
The total investment subscribed by the Fund is 500.1 million yuan. In the form of equity investment, it mainly invests in enterprises related to upstream and downstream industrial chains related to various mechanical seals and their auxiliary (control) systems, or enterprises in the industry recognized by partners such as military industry and new energy.
It is reported that Zhongmi Holding Co., Ltd, formerly known as the Institute of Sealing Technology of Sichuan Machinery Research and Design Institute, is one of the earliest units in China to carry out sealing technology research. The company’s main products include mechanical seal, dry gas seal, seal auxiliary (control) system, rotary jet pump, rubber seal and other products. Products are widely used in petrochemical industry, coal chemical industry, natural gas chemical industry, oil and gas transportation, thermal power, nuclear power, metallurgy and other fields.
Chengdu Silk Road Restructuring Equity Investment Fund Management Co., Ltd. is a subsidiary of Sichuan Industrial Revitalization and Development Investment Fund Co., Ltd. Sichuan Industrial Revitalization and Development Investment Fund Co., Ltd. is a state-level corporate industrial investment fund approved by the National Development and Reform Commission in May 2011, with the approval of the State Council, in order to implement the national support policy for post-earthquake reconstruction in Sichuan.
Yuanxin Industry: 7,261,200 restricted shares will be listed and circulated on September 5.
() Prominent announcement on the listing and circulation of some issued shares and strategic allotment shares before the initial public offering was issued. The number of shares released this time was 7,261,200 shares, accounting for 8.8819% of the total issued share capital, and the listing and circulation date was Monday, September 5, 2022.
Jingu shares were reduced by 5.321 million shares by Sun Jinguo, the actual controller.
() Announcement: Sun Jinguo, one of the actual controllers of the company, reduced his holdings of 5.321 million shares (accounting for 0.53% of the company’s total share capital) by block trading from August 29 to 31, 2022, and his shareholding ratio decreased to 5.10%.
Chongqing Yida, the major shareholder of Thunderbolt Micro Power, intends to reduce its shareholding by no more than 1.56%.
() Announced that Chongqing Yida Enterprise Management Partnership (Limited Partnership) ("Chongqing Yida"), a shareholder holding 6.24% of the company’s shares, plans to reduce the company’s shares through centralized bidding and block trading, with a total reduction of no more than 2,718,500 shares, accounting for 1.56% of the company’s total share capital.
Tongyu Heavy Industry’s 629 million restricted shares will be listed and circulated on September 5.
() Announcement: The number of shares released by the company to a specific target is 629 million shares, accounting for 16.14% of the company’s total share capital, and the listing and circulation time is Monday, September 5, 2022.
The voting entrustment agreement and concerted action agreement between the controlling shareholder of Huaren Pharmaceutical and Yongyu Hengfeng expired.
() Announcement: On August 27th, 2022, the voting entrustment agreement and concerted action agreement signed by Qujiang Tianshou Dajian Investment Partnership (Limited Partnership), the controlling shareholder of the company, and Yongyu Hengfeng Investment Management Co., Ltd. ("Yongyu Hengfeng") in 2019 expired. Through negotiation between both parties, Tianshou Dajian Health and Yongyu Hengfeng will not renew the above voting entrustment agreement and concerted action agreement and confirm that the agreement will expire on August 27, 2022, so Tianshou Dajian Health will reduce the voting rights corresponding to 57,496,100 shares held by Yongyu Hengfeng (accounting for 4.86% of the company’s total share capital).
Before the voting entrustment agreement and concerted action agreement expired, Tianshou Da Health and Yongyu Hengfeng acted in concert, holding 294 million shares of the company, accounting for 24.86% of the company’s total share capital, of which Tianshou Da Health held 20.00% and Yongyu Hengfeng held 4.86%. After the expiration and termination of the voting entrustment agreement and the concerted action agreement, the number and proportion of shares held by Tianshi Dajian Health and Yongyu Hengfeng respectively remain unchanged, but the two parties are no longer concerted actions.
After the expiration and termination of this voting entrustment agreement and concerted action agreement, the controlling shareholder of the company is still Tianshuida Health, and the actual controller is still the actual controller of Tianshuida Health, that is, Xi ‘an Qujiang New District Management Committee.
Jiuwu Hi-Tech: Shareholders intend to reduce their shares by no more than 3.77%.
() On the evening of August 31st, it was announced that the shareholder Nangong University Assets Company planned to reduce its shareholding by no more than 4.62 million shares (accounting for 3.7671% of the company’s total share capital) through centralized bidding and block trading.
Nangongda Assets Company, the specific shareholder of Jiuwu Hi-Tech, plans to reduce its shareholding by no more than 3.77%.
Jiuwu Hi-Tech announced that Nanjing University of Technology Asset Management Co., Ltd. ("Nangong University Asset Company"), the company’s specific shareholder, holds 6,132,100 shares, accounting for 4.999999% of the company’s total share capital, plans to reduce its holdings of no more than 4.62 million shares (accounting for 3.7671% of the company’s latest total share capital) by means of centralized bidding and block trading. If there are any changes in the company’s shares during the reduction period, The reason for the reduction of the assets of South University of Technology is to implement the decision and deployment of Nanjing University of Technology on the reform of the enterprise system of colleges and universities according to the relevant provisions of the Guiding Opinions of the General Office of the State Council on the reform of the enterprise system of colleges and universities.
*ST Jitong: Director and Chief Financial Officer Li Hua resigned.
() Announcement: Li Hua, the company’s director and chief financial officer, applied to resign as the company’s director and chief financial officer due to job transfer, and his resignation report will take effect as of the date it is delivered to the company’s board of directors. After resigning, Li Hua no longer holds any position in the company. In order to ensure the normal development of the company’s work, the company appointed general manager Qian Liang to act as the financial controller.
Xiangxin Technology: The estimated transaction amount is 5-6 billion yuan after receiving the letter of intent for the designated project.
() Announced on the evening of August 31st, the company received ten fixed-point letters of intent from customers related to power batteries from April to August, confirming that the company is a supplier of power battery box products for various new energy vehicles. The estimated project life cycle is 3-7 years, and the estimated transaction amount of the project is 5-6 billion yuan. The end customers of the project include independent automobile brands and joint venture brands in China.
Qingdao Qingying, a shareholder of IPAS, intends to reduce its shareholding by no more than 0.4%.
() Announced that Qingdao Qingying, the shareholder holding 1.61% of the shares, plans to reduce the company’s shares by no more than 483,500 shares (accounting for 0.4% of the company’s total share capital) by centralized bidding or block trading.
Dagang Holdings: Lingtong Bio intends to reduce its shareholding by no more than 3%.
On August 31st, Dagang Holdings announced that the shareholders who hold more than 5% of the company’s shares, Lingtong Bio, plan to reduce the company’s shares through centralized bidding within three months after the announcement of this reduction plan, and reduce the company’s shares through block trading within three months after the announcement of the reduction plan, with the total reduction amount not exceeding 9.52 million shares (about 3% of the company’s total share capital).
As of the end of August, China Tianying repurchased about 4.47% and spent 656 million yuan.
() Announcement: As of August 31, 2022, the company has repurchased 113 million shares, accounting for 4.47% of the company’s current total share capital. The highest transaction price is 6.09 yuan/share, the lowest transaction price is 5.37 yuan/share, and the total transaction amount is 656 million yuan (excluding transaction costs).
Xinghui Huancai: The total amount of completed orders with China Shipping Shell is 494 million yuan.
() On the evening of August 31st, it was announced that from January 1st to August 29th, the company and China Shipping Shell had completed an accumulated order amount of 494 million yuan, accounting for 24.99% of the company’s audited main business income in 2021 and 55.60% of the company’s audited total assets in 2021.
Kexin Electromechanical Co., Ltd. received an inquiry letter from Shenzhen Stock Exchange about the company’s fixed increase.
() Announcement: On August 31st, the company received the Letter of Inquiry on the Application of Sichuan Kexin Electromechanical Co., Ltd. to Issue Shares to Specific Objects, which was issued by Shenzhen Stock Exchange. The Listing Audit Center of Shenzhen Stock Exchange reviewed the application documents submitted by the company to issue shares to specific objects, and formed the question of inquiry.
Xiangxin Technology has become a supplier of power battery box products for various new energy vehicles, and the estimated project amount is 5-6 billion yuan.
Xiangxin Technology announced that from April to August, 2022, the company received 10 fixed-point letters of intent from customers related to power batteries, confirming that the company is a supplier of power battery box products for various new energy vehicles. It is estimated that the project life cycle will be 3-7 years, and the estimated transaction amount of the project will be RMB 5-6 billion. The end customers of the project include independent automobile brands and joint venture brands in China.
Tefa Information plans to increase the capital of its subsidiary Tefa Huayin wire and cable by 71,026,100 yuan.
() Announcement: In order to meet the needs of the rapid expansion of the business scale and optimization of the financial structure of Changzhou Tefa Huayin Wire and Cable Co., Ltd. ("Tefa Huayin"), the company plans to increase its capital by 71,026,100 yuan with its own funds. Other shareholders of Tefa Huayin do not increase capital in the same proportion. After the paid-in capital increase, the paid-in capital of Tefa Huayin will increase from 84.3927 million yuan to 150 million yuan, and the proportion of special information in the paid-in capital of Tefa Huayin will change from 80.79% to 89.19%.
Xinghui Huancai signed a framework purchase agreement with China Shipping Shell.
Xinghui Huancai announced that in order to ensure the stable supply of main raw material styrene and meet the sustainability and stability of production, the company signed a framework procurement agreement with China Shipping Shell Petrochemical Co., Ltd. ("China Shipping Shell") to stipulate the calculation rules of annual supply and price, and the two parties will determine the purchase quantity and settlement price according to the established rules during actual procurement. The contract period is from January 1, 2022 to December 31, 2022.
From January 1, 2022 to August 29, 2022, the company and China Shipping Shell have completed an accumulated order amount of 494 million yuan, accounting for 24.99% of the company’s audited main business income in 2021 and 55.60% of the company’s audited total assets in 2021.
The cumulative repurchase of 16.3638 million shares of Chujiang New Materials cost 150 million yuan.
() Announcement was issued. As of August 31st, 2022, the company repurchased 16,363,800 shares of the company through the special securities account for share repurchase, accounting for 1.23% of the company’s current total share capital. The highest transaction price was 9.99 yuan/share, the lowest transaction price was 836 yuan/share, and the total transaction amount was 150 million yuan (excluding transaction costs).
Kelun Pharmaceutical bought back 5,889,400 shares at a cost of 104 million yuan.
() Announcement, the company has repurchased 5,889,400 shares, accounting for 0.4156% of the company’s total share capital. The highest transaction price was 19.52 yuan/share, and the lowest price was 16.08 yuan/share, with a transaction amount of 104 million yuan (excluding transaction costs).
It is planned to add "Intelligent Power Transmission and Distribution and Control Equipment Sales" to the business scope of Tefa Information.
Special information announcement, according to the needs of the company’s operation and management, the company added "technical service, technical development and technical consultation" to the business scope of the Articles of Association; Manufacturing of transmission and distribution and control equipment; Intelligent transmission and distribution and control equipment sales. "
Tranexamic acid injection, a subsidiary of Zhongheng Group, passed the consistency evaluation of generic drugs.
() Announcement, Chongqing () Co., Ltd. (hereinafter referred to as "Laimei Pharmaceutical"), a holding subsidiary of the company, recently received the Notice of Approval for Drug Supplement Application for two specifications of tranexamic acid injection, 5ml:0.25g and 5ml:0.5g, which were approved and issued by National Medical Products Administration.
It is reported that tranexamic acid injection is a synthetic lysine derivative, which can strongly adsorb with the lysine binding site (LBS) of the affinity site of plasmin and plasminogen, and inhibit the combination of plasminogen activator (t-PA) and plasminogen with fibrin, thus strongly inhibiting the fibrinolysis caused by plasminogen, thus playing an anti-bleeding, anti-allergic and anti-inflammatory role. Tranexamic acid injection is often used to treat gastrointestinal bleeding in clinic.
Gao Xinxing: On August 30th, he was investigated by institutions, including 11 institutions of Wanfang Assets, a well-known institution.
On August 31, 2022 (), it was announced that the company was investigated by institutions on August 30, 2022, and Huatai Securities, Shanghai Ganzhan Asset Management Co., Ltd., Fenghe Fund, Chuangjinhexin Fund Management Co., Ltd., Zheshang Fund Management Co., Ltd., Beijing Chengsheng Investment Management, Xitai Investment, Junxi Capital, Jing ‘an Investment, Wanfang Assets and Scholar’s Academy Capital Management Co., Ltd. participated.
The details are as follows:
Q: The company’s business is very diversified. Can you provide information on the business of each segment in the first half of the year? What sectors does the company focus on at present?
A: At present, the company will continue to exert its efforts around the field of Internet of Things, and focus on the two high-value fields of Internet of Vehicles, smart transportation and public safety. At present, the total proportion of these two revenues is close to 75%.
Among them, in the first half of the year, the transportation sector achieved an overall revenue of 404 million yuan, an increase of 41.19% over the same period of last year, and an absolute increase of 118 million yuan. The company’s car networking products business achieved a revenue of 123 million yuan, a slight decrease compared with the same period of last year, mainly due to the postponement of settlement confirmation of some orders in the first half of the year; Electronic license plate business (revenue caliber of subsidiaries engaged in this business) realized revenue of 76 million yuan, up 432.68% year-on-year; The train control and wireless communication business of rail cars (the income of subsidiaries engaged in this business) realized 162 million yuan, up 13.94% year-on-year. In addition, the company’s train-road coordination and Shenzhen subway projects also made some progress this year.
Business situation of the public security sector The public security sector is mainly composed of intelligent law enforcement and supervision platforms, police terminals, other police information products and self-developed software. In the first half of the year, the business income of the public security industry increased by 8.49%, and the public security industry accounted for 38.25% of the total income.
Q: The electronic license plate business has always been concerned. What areas are already promoting this matter?
A: Judging from the current demand for orders and tenders, Guangzhou and Shenzhen are the main cities in Guangdong Province, while Shijiazhuang and Xingtai are the main cities in the north, and Hangzhou, Nanjing and other first-tier cities in the Yangtze River Delta are also in demand. These are the cities with orders at present. After the electric vehicles in these cities are licensed, they will form a demonstration and drive role for other cities, and then they will radiate to other cities in the country with management needs.
Q: How do you see the landing rhythm of electronic license plates in the future?
A: The landing rhythm of electronic license plates can be seen from the following angles. First, judging from the landing rhythm of products, most areas are currently promoting licensing first, and then improving the construction of roadside reading and writing equipment. Since the second half of last year, many first-tier cities have been promoting the installation of digital number plates on electric bicycles. At first, vehicles and cyclists are regulated and managed through licensing, and at the same time, vehicles that do not meet the new national standard are retired. After being popularized on the brand side, it is necessary to have more efficient means to analyze and manage electric bicycles. Due to the different sizes and styles of the number plates of electric bicycles, and the characteristics of cluster trips in rush hours, it is difficult to identify the number plates of electric bicycles with traditional video recognition technology. Only with UHF RFID technology can more accurate identification be achieved. Moreover, in June 2021, the Traffic Management Bureau of the Ministry of Public Security issued the Notice on Further Strengthening the Comprehensive Management of Electric Bicycle Traffic Safety, encouraging qualified places to learn from the experiences and practices of Shanghai, Hangzhou, Shenzhen and other places, and to use a new digital number plate with embedded chips and printed QR codes, which is convenient for monitoring and identifying and inquiring information through mobile terminals, so as to realize traceability verification and off-site forensics management. Therefore, we expect that the layout demand of roadside equipment will be gradually released in the future.
Second, from the perspective of urban landing, the overall trend will first penetrate in some first-tier cities, especially in coastal developed areas like Guangdong and Jiangsu and Zhejiang. With the popularization of first-tier cities and certain application experience, second-and third-tier cities will follow suit and increase their volume in the future. Judging from the distribution of two-wheeled electric vehicles, the demand in second-and third-tier cities will not be less than that in first-tier cities.
Third, from the perspective of cars and electric bicycles, at this stage, the landing speed of electric bicycles will be more rapid than that of cars.
Q: In the company’s Internet of Things business, apart from the Internet of Vehicles, what other products have higher revenue, and what are the prospects of these products?
A: The products and solutions that mainly focus on the application of vehicles and roads in the connection and terminal of the Internet of Things include vehicle networking products, electronic license plates, rail train control and wireless communication products, vehicle-road coordination, etc. Other products of the Internet of Things include wireless communication module, financial Internet of Things detection host, CPE solution products and power environment monitoring, etc. The Internet of Vehicles and smart transportation are the high-value track of the Internet of Things that the company has been focusing on for a long time. At the same time, as a national transportation power and an important part of the new infrastructure strategy, the transportation sector is also a key industry for the future development of the country. In the process of promoting the transformation and upgrading of traditional industries such as automobiles and transportation, the company will continue to focus and exert its efforts to vigorously promote the development of the industry and the company’s business.
Q: How competitive is the company in terms of electronic license plates for two-wheeled vehicles?
A: In RFID technology, the company has more than ten years of technical research and product development experience, accumulated a large number of technical knowledge and talent team, and is specialized in the research and development, manufacturing, production and sales of RFID products, and provides overall solutions. It has independent research and development strength in antenna design and network management, and holds nearly 400 RFID core patents such as air interface protocol, anti-collision algorithm, signal processing and encryption.
As a provider of software and hardware products, the company provides a full range of hardware products, including fixed electronic identification reading and writing equipment, video and RF integrated machine, card issuing equipment, handheld equipment, antenna, controller and electronic number plate of electric bicycle; Provide software products covering distributed network middleware system, data platform, integrated operation and maintenance platform, basic video platform, registration and filing system and various application systems. At the same time, it can also provide portable reading and writing equipment in the scene, electronic identification Internet publishing system, operation service platform, car-related service platform, car-related service mobile terminal system and other software and hardware products for social operation services. As a provider of electronic identification solutions, the company can provide customized solutions covering car-related supervision, traffic management, travel services, electric bicycle control and other sub-industries. In terms of automobile electronic signs, the company has participated in the construction of electronic signs in more than 20 cities, including Wuxi, Shenzhen, Tianjin, Cangzhou, Chengde, xiong’an new area, Shijiazhuang, Beijing, Wuhan, Changsha, Chongqing, Xiamen, Yinchuan, Nanjing, Lanzhou, Shanghai, Tengzhou and Urumqi, with rich construction experience and the market share ranking first in China.
In addition, in the field of digital number plates for electric bicycles, the company can provide digital number plate production, registration and filing, road driving, and social system solutions for comprehensive management of electric vehicles in community management, etc., and has accumulated nearly 10 million orders for digital number plates in several provincial capitals, and has been piloted in several key cities at the same time. On the whole, the company has a strong competitive advantage in the field of electronic identification and is the first brand in China.
In terms of supply chain capabilities, we are also competitive. For example, if the company has great advantages in the production capacity of license plate and reading and writing equipment supply, the daily average production capacity can fully meet the current demand for licensing. In addition, the company is currently building an intelligent manufacturing production base in Guangzhou Zhongxin Knowledge City. In the future, it will co-ordinate the Group’s R&D, procurement, production, warehousing, logistics and other needs, empower all business units, and exert scale effect.
Q: The company’s gross profit margin declined slightly in the first half of the year. What are the main reasons and will it improve in the second half?
A: The gross profit margin decreased slightly in the first half of this year compared with the same period of last year, which was mainly affected by two aspects. On the one hand, it was the electronic license plate business mentioned just now. Although the revenue of the electronic license plate business increased greatly in the first half of this year, it was mainly based on the licensing of electric bicycles, and the gross profit margin of the license plate side supply would be relatively low, which led to a lower overall gross profit margin.
On the other hand, the company’s traditional dynamic monitoring business also experienced a certain decline in gross profit margin due to intensified competition in the first half of the year, but the proportion of dynamic monitoring business will gradually decrease in the later period, and the overall impact on the company will also become smaller.
Judging from the current situation, with the settlement of some large projects in the second half of the year, the overall gross profit margin is expected to increase compared with the first half.
Q: In the cost structure of the company in the first half of the year, the installation and commissioning cost of one project increased rapidly. What is the main reason?
A: The main reason is that the revenue of the company’s software system and solution integration has increased, so the corresponding installation and debugging fees will also increase.
Q: Are there any new changes in the competition in the car networking industry, and has the competitive environment improved?
A: At present, the competition pattern of car networking business belongs to the stage of rapid increment, so the industry competition is still fierce. However, the company strives for cost optimization and efficiency improvement. In the current situation of rising material costs and exchange rate in the supply chain, the company has controlled the above-mentioned impact within the controllable range.
Q: The company’s equity incentive profit target is 100 million yuan, and the income target is to increase the growth rate by more than 20%. Can this target be achieved this year?
A: The fifth employee stock ownership plan and the third stock option incentive plan are the guidance of the company’s annual performance direction. The company will work hard in this direction from top to bottom, and the company is very confident in this.
Q: What are the company’s future plans for sales expenses, management expenses and R&D expenses?
A: In recent years, the company has been advocating cost reduction, efficiency improvement and strategic focus. With the implementation of various measures to control fees in recent years, the sales, management and R&D expenses have all decreased to a certain extent in the first half of the year, with an overall decrease of about 20 million. In the future, we will further improve internal management efficiency and R&D efficiency, do a good job in sales management, further improve operational efficiency, and reduce the proportion of three expenses in total revenue.
Q: What is the company’s situation in vehicle-road cooperation business?
A: The company should be an early company in the field of vehicle-road coordination in China. In 2019, the company invested 214 million special R&D funds for the research and development of vehicle-road coordination, 5G modules and vehicle-level products. At present, the company’s "vehicle networking and intelligent transportation" solution has a complete "end+cloud" technical architecture, and the overall architecture covers "vehicle terminal equipment layer, roadside equipment layer, platform layer and application layer", which supports the vehicle-road collaborative application scenario of intelligent transportation. It is one of the few Internet of Things application enterprises in China with full-stack product coverage of vehicle networking, transportation consulting planning and large-scale system project delivery capabilities.
Gaoxinxing’s main business: The company has been committed to the research and development of core technologies of the Internet of Things, such as perception, connection and platform, and the expansion of industrial applications. At present, it is in the stage of further focusing on strategy and resources, focusing on vertical application fields of the Internet of Things, such as car networking and public security informationization. Starting from the application of the downstream Internet of Things industry, based on general wireless communication technology and UHF RFID technology, the company integrates technologies such as big data and artificial intelligence to realize the vertical integration strategic layout of "terminal+application" of the Internet of Things.
Gao Xinxing’s 2022 mid-year report shows that the company’s main income is 1.111 billion yuan, up 4.87% year-on-year; The net profit returned to the mother was-65,431,900 yuan, a year-on-year decrease of 66.81%; Deducting non-net profit-72,922,500 yuan, down 21.23% year-on-year; In the second quarter of 2022, the company’s main revenue in a single quarter was 708 million yuan, up 5.93% year-on-year; The net profit returned to the mother in a single quarter was 15.4641 million yuan, down 10.04% year-on-year; The non-net profit deducted in a single quarter was 10,334,200 yuan, up 15,318.96% year-on-year; The debt ratio is 39.34%, the investment income is-7,448,900 yuan, the financial expenses are-18,753,500 yuan, and the gross profit margin is 25.74%.
The unit has no institutional rating in the last 90 days. The data of margin financing and securities lending show that the stock’s net financing inflow in the past three months is 61.9195 million, and the financing balance has increased; The net inflow of securities lending was 3,959,600, and the balance of securities lending increased. According to the financial report data in recent five years, the Securities Star valuation analysis tool shows that the moat with high competitiveness in emerging industries is general, with poor profitability and poor revenue growth. There may be hidden troubles in finance, and the financial indicators that should be focused on include: accounts receivable/profit rate, the increase of accounts receivable/profit rate in the past three years, and operating cash flow/profit rate. The stock has a good company index of 0.5 stars, a good price index of 1 star and a comprehensive index of 0.5 stars. (The index is for reference only, and the index range is 0 ~ 5 stars, with a maximum of 5 stars)
Xiaosong shares: the subsidiary won two projects.
() On the evening of August 31st, it was announced that Guohai Construction Co., Ltd., a wholly-owned subsidiary, recently won the bid for the overall relocation project of Tianxin Town Central Health Center in Anyuan County and the renovation project of shanggao county 2022 old community (Guilin Lane Community). The total amount of the two winning projects was about 29.9 million yuan, accounting for 2.26% of the company’s audited operating income in 2021.
The subsidiary of Xiaosong Co., Ltd. won the bid for two construction projects with a total amount of about 29.9041 million yuan.
Xiaoyan shares announced that Guohai Construction Co., Ltd., a wholly-owned subsidiary of the company, recently received the Notice of Winning Bid from Anyuan County Health and Wellness Committee and shanggao county Huibang Affordable Housing Investment Co., Ltd., respectively, confirming that Guohai Construction Co., Ltd. was the winning bidder for "Overall Relocation Project of Tianxin Town Central Health Center in Anyuan County" and "shanggao county 2022 Old Community Reconstruction Project (Guilin Lane Community)". The successful implementation of the above-mentioned projects will increase the proportion of the company in engineering construction business. The total amount of the two successful projects is about 29.9041 million yuan, accounting for 2.26% of the company’s audited operating income in 2021.
Peking University Medicine: Shareholders intend to reduce their holdings by no more than 1%.
() On the evening of August 31st, it was announced that Southwest Synthetic Pharmaceutical Group Co., Ltd., a shareholder holding 26.9966%, planned to reduce its shareholding by centralized bidding within three months after 15 trading days from the date of announcement, which accounted for 1% of the company’s total share capital.
Peking University Pharmaceutical Shareholder Synthetic Group intends to reduce its shareholding by no more than 1%.
Peking University Pharmaceutical announced that Synthetic Group, a shareholder holding 26.9966% of the shares, plans to reduce its holding of no more than 5.96 million shares (accounting for 1% of the company’s total share capital) by centralized bidding within three months after 15 trading days from the date of announcement.
Mankun Technology plans to invest and set up a subsidiary in Shenzhen to promote the development of its main business.
() Announced that the company plans to invest and set up a wholly-owned subsidiary Shenzhen Mankun Technology Co., Ltd. in Shenzhen with its own or self-raised funds of RMB 50 million based on the needs of business and strategic development. Its business scope includes general business items: wholesale of electronic components; Technical service, technical development, technical consultation, technical exchange, technology transfer and technology popularization; Enterprise management consulting; Licensed business items: import and export of goods.
It is reported that this investment in establishing a wholly-owned subsidiary is based on the company’s business and strategic development needs, which is conducive to promoting the company’s main business development, improving the company’s profitability, and has a positive impact on the company’s long-term development and efficiency improvement.
Laimei Pharmaceutical: Tranexamic acid injection passed the consistency evaluation of generic drugs.
Laimei Pharmaceutical announced that the company recently received the Notice of Approval for Drug Supplement Application for two specifications of tranexamic acid injection: 5ml:0.25g and 5ml:0.5g approved and issued by National Medical Products Administration.
The announcement shows that tranexamic acid injection is a synthetic lysine derivative, which can strongly adsorb with the lysine binding site (LBS) of the affinity site of plasmin and plasminogen, and inhibit the combination of plasminogen activator (t-PA) and plasminogen with fibrin, thus strongly inhibiting the fibrinolysis caused by plasminogen, thus playing an anti-bleeding, anti-allergic and anti-inflammatory role. Tranexamic acid injection is often used to treat gastrointestinal bleeding in clinic.
Zhongheng Group: Tranexamic acid injection, a holding subsidiary, passed the conformity evaluation of generic drugs.
On the evening of August 31, Zhongheng Group announced that two specifications of tranexamic acid injection, 5ml:0.25g and 5ml:0.5g, of Laimei Pharmaceutical, the holding subsidiary of the company, passed the consistency evaluation of generic drug quality and efficacy.
The drugs of Guizhou Bailing’s shareholding subsidiary were approved by west china hospital Clinical Trial Ethics Review Committee.
() Announcement: Chengdu Yiling Biomedical Technology Co., Ltd. ("Yiling Bio"), a company’s shareholding subsidiary, recently received the Approval from west china hospital Clinical Trial Ethics Review Committee. Name of drug: Puestat mesylate for injection, comments: 1. The qualification of the researcher meets ethical requirements. 2. The research plan and informed consent basically meet the ethical requirements.
It is reported that diffuse large B-cell lymphoma (DLBCL) is a high-incidence hematological tumor in the world. After receiving the approval from west china hospital Clinical Trial Ethics Review Committee, Huangling Bio will start a multi-center exploratory and confirmatory phase II clinical trial of PM monotherapy for relapsed and refractory DLBCL. According to the results of phase II clinical trial, Huangling Bio Plan will actively strive to declare breakthrough therapy and provide a more optimized treatment plan for patients with DLBCL.
Yunji Group: Winning the bid for 314 million yuan project.
() On the evening of August 31st, it was announced that the company won the bid for Tangshan utility tunnel Transportation Project, with a total bid amount of 314 million yuan, accounting for 39.83% of the company’s audited operating income in 2021.
Yunji Group won the bid for 314 million yuan Tangshan transportation project in utility tunnel.
Yunji Group announced that the company recently received the Notice of Winning Bid issued by China Communications Mechanical and Electrical Engineering Bureau Co., Ltd., and determined that the company was the successful bidder of Tangshan utility tunnel Transportation Project. The total bid amount is 314 million yuan.
Iflytek has repurchased 16,557,500 shares at a cost of about 690 million yuan.
() Announcement was issued. As of August 31st, the company repurchased 16,557,500 shares of the company through the special securities account for share repurchase, accounting for 0.71% of the company’s total share capital. The highest transaction price was 44.60 yuan/share, and the lowest transaction price was 36.70 yuan/share. The total amount of used funds was 689.534 million yuan.
() It is planned to spend 20 million yuan to 30 million yuan to implement repurchase, and the repurchase price shall not exceed 23.83 yuan/share.
If Yuchen announces, the company intends to buy back A shares issued by some companies by centralized bidding transactions for the implementation of the company’s equity incentive plan or employee stock ownership plan; The repurchase amount is not less than 20 million yuan (inclusive) and not more than 30 million yuan (inclusive); The repurchase price shall not exceed RMB 23.83/share (inclusive); The implementation period of the repurchase is within 12 months from the date when the shareholders’ meeting deliberates and approves the share repurchase plan.
336 million restricted shares of Ruida Futures will be listed and circulated on September 5.
() Announcement, the number of shares issued before the initial public offering of the company has been lifted to 336 million shares, accounting for 75.5729% of the company’s total share capital; The listing date is Monday, September 5, 2022.
Ruo Yuchen: It is planned to buy back shares at a price of 20 million to 30 million yuan.
If Yuchen announced on the evening of August 31, the company plans to buy back some shares of the company by means of centralized bidding transaction for the implementation of the company’s equity incentive plan or employee stock ownership plan. The repurchase amount is not less than 20 million yuan, not more than 30 million yuan, and the repurchase price is not more than 23.83 yuan/share.
Qinshang Shares: Huaxia Life Insurance has reduced its shareholding by 1%.
() Announcement: Recently, the company received a Letter of Notice on Share Reduction issued by Huaxia Life Insurance Co., Ltd. ("Huaxia Life Insurance"), a shareholder holding more than 5% of the company’s shares. From August 24, 2022 to August 31, 2022, Huaxia Life Insurance reduced its shares acquired through centralized bidding transactions, and the cumulative number of shares reduced was 15,055,800, accounting for 1% of the company’s total shares.
Two senior executives of Yingjie Electric intend to reduce their holdings by no more than 18,600 shares.
() It is announced that Liu Shiwei and Zhang Haitao, senior managers of the company, intend to reduce their holdings of the company’s shares by no more than 18,600 shares in total.
Ma Liangming, director of Kede Education, reduced his shareholding by 1.9991% in a cumulative block transaction.
() Announcement: Ma Liangming, the shareholder and director who holds more than 5% of the company’s shares, reduced his holdings of 6.58 million shares (accounting for 1.9991% of the company’s total share capital) by block trading from August 30 to August 31, 2022.
Zhang Jianqun, Vice President and Chief Financial Officer of Xunxing Company, resigned.
() Announcement, the board of directors of the company recently received a written resignation report submitted by Mr. Zhang Jianqun, vice president and financial controller of the company. Mr. Zhang Jianqun applied to resign as vice president and financial controller of the company for personal reasons. After his resignation, Mr. Zhang Jianqun no longer holds any position in the company.
Ma Liangming, vice chairman of Kede Education, intends to reduce his shareholding by no more than 2%.
Kede Education announced that Mr. Ma Liangming, the company’s director and vice chairman, plans to reduce his holdings by no more than 6.58 million shares in a centralized bidding transaction, that is, no more than 2% of the company’s total share capital.
Jiangyi shares: shares will resume trading on September 1, 2022.
Jiangyi Co., Ltd. announced on August 31, 2022 that the company’s shares will resume trading on September 1, 2022 after applying to the National Stock Transfer Company.
Financial Tips: According to public data, Jiangyi’s operating income in 2021 was 136,093,754 yuan, net profit attributable to the parent company was 21,477,470 yuan, return on equity was 18.8%, and the growth rate of operating income was 54.93%. At present, the sponsoring brokerage firm is changjiang securities Co., Ltd., and the trading method is market-making trading, which belongs to the basic level.
Sifang Jingchuang: 36.1754 million restricted shares will be listed and circulated on September 5.
() Prominent announcement was issued on the issue of shares to a specific object to release the restricted sale, listing and circulation. The number of shares released this time was 36.1754 million shares, accounting for 6.8172% of the total share capital of the company, and the listing and circulation date was September 5, 2022.
Jucan Optoelectronics awarded 2 million restricted shares to 14 incentive targets.
() It was announced that the conditions for granting the reserved restricted shares stipulated in the "Jucan Optoelectronic Technology Co., Ltd. 2022 Restricted Stock Incentive Plan (Draft)" have been achieved. With August 31, 2022 as the reserved grant date, 2 million second-class restricted shares will be granted to 14 eligible incentive targets at the grant price of 5.91 yuan per share.
An application for clinical trial of an ophthalmic injection of Kanghong Pharmaceutical was accepted.
On August 30th, () announced that National Medical Products Administration Drug Evaluation Center agreed to accept the application for clinical trial of KH631 submitted by its subsidiary Hongji Bio.
KH631 ophthalmic injection is a new biological drug with independent intellectual property rights, which delivers the target gene through AAV to treat neovascular (wet) age-related macular degeneration (nAMD).
According to the announcement, the product is based on the delivery system of AAV with independent intellectual property rights, and has characteristics in tissue specificity, immunogenicity, controllability of expression and infection efficiency, and has shown sustained efficacy in preclinical disease models.
Jucan Optoelectronics received an inquiry letter from Shenzhen Stock Exchange about the company’s fixed increase.
Jucan Optoelectronics announced that on August 30th, the company received the Letter of Inquiry about Jucan Optoelectronics Technology Co., Ltd.’ s application for issuing shares to a specific object issued by the listing audit center of Shenzhen Stock Exchange, and the listing audit institution of Shenzhen Stock Exchange audited the application documents of the company to issue shares to a specific object, which formed the question of inquiry.
Sannuo Bio received 12 medical device registration certificates.
() Announcement, the company recently received twelve Medical Device Registration Certificates issued by Hunan Drug Administration.
Jiuyang shares have repurchased 10.8 million shares at a cost of 186 million yuan.
() Announcement was issued. As of August 31st, the company repurchased shares by centralized bidding through the special securities account for stock repurchase. The cumulative number of repurchased shares was 10.8 million shares, accounting for 1.41% of the company’s total share capital. The highest transaction price was 19.65 yuan/share, the lowest transaction price was 1.468 yuan/share, and the total transaction amount was 186 million yuan.
Shandong Luqiao subsidiary signed a construction contract with Gaoshang Highway Company with a total price of 3.177 billion yuan.
() Announcement, as disclosed in the previous announcement, Shandong Highway and Bridge Construction Group Co., Ltd. ("Highway and Bridge Group") and Shandong Binzhou Highway Engineering Co., Ltd. ("Binzhou Highway"), the subsidiaries of the company, were respectively determined as the winning bidders for the first contract section and the second contract section of Gaoqing-Shanghe Highway ("Gaoshang Expressway"), with a total bid amount of 3.177 billion yuan.
Recently, Highway and Bridge Group and Binzhou Highway respectively signed the construction contract agreement with Gaoshang Highway Co., Ltd. ("Gaoshang Highway Company"), the employer of this project. The contract price of the first contract section was 1.755 billion yuan, and the contract price of the second contract section was 1.422 billion yuan, totaling 3.177 billion yuan, accounting for about 5.52% of the company’s audited operating income in 2021.
Zhang Xiliang, the controlling shareholder of Weitang Industry, and his concerted actions reduced their holdings by a total of 5%.
() Announcement. Recently, the company received the Simplified Equity Change Report jointly issued by Mr. Zhang Xiliang, the controlling shareholder, Mr. Qian Guanghong and Wuxi Boao Investment Center (Limited Partnership) ("Wuxi Boao"). As of the disclosure date of this announcement, the above-mentioned shareholders have reduced their holdings of 7,851,400 shares through centralized bidding and block trading in Shenzhen Stock Exchange, and the cumulative change in equity has reached 5%.
Yueke Huisheng, the major shareholder of Qide New Materials, plans to reduce its holdings by no more than 2%.
() Announcement: Yueke Huisheng, the shareholder holding more than 5% of the company’s shares, plans to reduce the company’s shares by no more than 1,683,200 shares by centralized bidding (accounting for 2% of the company’s total share capital).
Vosges: The VC project of its subsidiary officially entered the trial production stage.
Vosges shares announced that Vosges New Energy, the company’s holding subsidiary, launched the lithium battery electrolyte additive project. On August 31, 2022, Vosges New Energy received the opinions from the industry authorities in gaomi city for trial production, which indicated that the VC project of battery-grade VC products produced by Vosges New Energy officially entered the trial production stage. According to the company, it will take some time for the project from small batch production in the trial production stage to large-scale production and capacity release, and the stability of the project production equipment and product quality needs to be continuously observed.
() To appoint Wang Zhenhui as co-president and CEO.
GCL released an announcement. Upon nomination by the company’s chairman and qualification examination by the company’s nomination committee, the board of directors agreed to hire Mr. Fei Zhi as the company’s co-president and Mr. Wang Zhenhui as the company’s co-president and CEO. Nominated by the company’s co-presidents, and qualified by the company’s nomination committee, the board of directors agreed to appoint Mr. Liu Fei, Mr. Li Yujun, Ms. Wang Shuhua and Mr. Shen Qiang as the company’s vice presidents and Ms. Wang Shuhua as the company’s chief financial officer. Upon nomination by the chairman of the board of directors and qualification examination of the nomination committee, the board of directors agreed to appoint Mr. Shen Qiang as the secretary of the board of directors of the company.
Hongya CNC shares company Hanqiu shares officially listed on the New Third Board on September 1st.
() Announcement was issued. The company received a notice from Guangdong Hanqiu Intelligent Equipment Co., Ltd. ("Hanqiu Shares"), and Hanqiu shares were publicly transferred on September 1, 2022 in the national share transfer system for small and medium-sized enterprises.
Huang Weibo, the actual controller of Xilong Science, and others reduced their holdings by 3.27%, and the reduction time and quantity were more than half.
() Announcement: As of the disclosure date of this announcement, more than half of the actual controllers Huang Weibo, Huang Weipeng and Huang Zhenkai have reduced their holdings, and the above shareholders have reduced their holdings by 19,108,800 shares, accounting for 3.2653%.
Hongya CNC: Hanqiu shares, a shareholding company, are officially listed on the New Third Board.
Hongya CNC announced on the evening of August 31 that Hanqiu shares, the company’s shareholding company, were listed for public transfer in the national share transfer system for small and medium-sized enterprises from September 1. As of the disclosure date of the announcement, the company holds 25% of the shares of Hanqiu.
Li Xuan, director of Zhongtian Rocket, and Li Ning, chief financial officer resigned.
() Announcement, the company received a written resignation report submitted by Li Xuan, director of the company, and Li Ning, chief financial officer. Due to job adjustment, Mr. Li Xuan applied to resign as a director of the company, and will no longer hold any position in the company after his resignation. Ms. Li Ning applied to resign as the chief financial officer of the company, and will no longer hold any position in the company after her resignation.
Chengxing Investment, a shareholder of china baoan, has increased its holdings by 30,475,300 shares.
() Announcement: During the period from August 24, 2022 to August 31, 2022, Chengxing Investment, a shareholder of the company, increased its holdings of 30,475,300 shares through the centralized bidding trading system of Shenzhen Stock Exchange, accounting for 1.1816% of the company’s total share capital.
Ningbo Yunsheng plans to establish a joint venture company with China Mining Resources.
() issued an announcement, in order to give full play to their respective advantages and jointly carry out long-term and in-depth cooperation on the exploration, development and utilization of rare earth minerals, so as to achieve a win-win situation for all parties. On August 31, 2022, the company and () signed an Investment Cooperation Agreement, and the two parties intend to set up a joint venture company to acquire suitable rare earth projects in Africa and invest in the exploration, development and mining rights of rare earth minerals through the project company. The registered capital of the joint venture company is 55 million yuan, of which the shareholding ratio of the company is 45% and that of China Mining Resources is 55%.
Guanghetong restructuring will be held in the near future.
() Announce that the company plans to issue shares and pay cash to purchase 51% equity of Shenzhen Ruiling Wireless Technology Co., Ltd. and raise matching funds. According to the relevant work arrangement of the listing audit center of Shenzhen Stock Exchange, after the company implements the pending matters of this major asset restructuring, the M&A Committee of Growth Enterprise Market of Shenzhen Stock Exchange plans to review the issues of issuing shares and paying cash to purchase assets and raising matching funds in the near future, and the specific meeting time will be announced separately after being determined.
Yongfu Co., Ltd. signed the geological survey contract for the construction drawing stage of Ningde Xiapu offshore wind farm Area B project.
() Announcement, the company and Xiapu Mindong Offshore Wind Power Co., Ltd. signed the Geological Survey Contract for Construction Drawing Stage of Ningde Xiapu Offshore Wind Farm Area B Project, with a total contract amount of 31.005 million yuan (including tax). The successful performance of the contract is expected to have a positive impact on the company’s operating performance this year and the following years.
Ningbo Yunsheng: It is planned to set up a joint venture company with China Mining Resources.
Ningbo Yunsheng announced on the evening of August 31st that the company signed the Investment Cooperation Agreement with China Mineral Resources, and the two parties intend to set up a joint venture company to acquire suitable rare earth projects in Africa and conduct exploration, development and mining rights investment of rare earth mines through the project company. The registered capital of the joint venture company is 55 million yuan, of which the shareholding ratio of the company is 45%.
The strategic cooperation between Diweixun and Furen Investment will promote the company’s development in smart and new energy industries.
() Announcement: Recently, the company signed a Strategic Cooperation Framework Agreement with Wuhan Furen Investment Management Co., Ltd. ("Furen Investment"), and Furen Investment and its related parties will use their professional capabilities to help the company to strategically land in smart new energy, digital economy and other industries and carry out related businesses; At the same time, Fu Jen Investment’s rich experience, professional resources and excellent projects accumulated in the capital market will continue to help the company’s industrial transformation and upgrading.
Ingenuity Home elected Li Xiaoqin as the chairman.
() Announced that the board of directors agreed to elect Ms. Li Xiaoqin as the chairman of the second board of directors of the company. The term of office of the chairman is three years. From the date of election at this meeting to the date of expiration of the second board of directors.
Xiangxin Technology has obtained the fixed-point letter of intent for customer projects, and the estimated transaction amount is 5 billion to 6 billion yuan.
Xiangxin Technology announced that from April to August, 2022, the company received 10 fixed-point letters of intent from power battery related customers (according to the confidentiality agreement with relevant customers, the specific names of each customer cannot be disclosed), confirming that the company is a supplier of power battery box products for various new energy vehicles. The life cycle of the project is estimated to be 3-7 years, and the transaction amount of the project is estimated to be 5-6 billion yuan. The end customers of the project include independent automobile brands and joint venture brands in China.
Jiuwu Hi-Tech shareholders intend to reduce their holdings by no more than 3.7671%.
Jiuwu Hi-Tech announced that Nanjing University of Technology Asset Management Co., Ltd., the company’s specific shareholder, plans to reduce its holdings of no more than 4,620,000 shares (accounting for 3.7671% of the company’s total share capital) by centralized bidding and block trading.
ST Baling’s accumulative repurchase of 1.51% shares cost 16,584,900 yuan.
() Announcement: As of August 31, 2022, the company has repurchased 4,291,100 shares, accounting for 1.51% of the company’s total share capital, of which the highest transaction price is 5.54 yuan/share, the lowest transaction price is 2.88 yuan/share, and the total transaction amount is 16,584,900 yuan (excluding transaction costs).
Xinghui Huancai: With China Shipping and Shell, the accumulated completed order amount is 494 million yuan.
Xinghui Huancai announced that in order to ensure the stable supply of the main raw material styrene, the company signed a framework procurement agreement with China Shipping Shell Petrochemical Co., Ltd., stipulating the calculation rules of annual supply and price, and the two parties will determine the purchase quantity and settlement price according to the established rules during actual procurement. The contract period is from January 1, 2022 to December 31, 2022. From Jan. 1, 2022 to Aug. 29, 2022, the company and China Shipping Shell have completed an accumulated order amount of 493,738,600 yuan, accounting for 24.99% of the company’s audited main business income in 2021 and 55.60% of the company’s audited total assets in 2021.
Liao Shengzhu, vice president of Guoyuan Securities, resigned for personal reasons.
Guoyuan Securities announced that the board of directors received a written resignation report from Liao Shengzhu, vice president of the company, and resigned as vice president of the company for personal reasons. The resume shows that Liao Shengzhu was appointed as the vice president of Guoyuan Securities in January 2020, responsible for investment banking, bonds, new third board business and M&A business. He once served as member and vice president of Hualong Securities Party Committee, secretary and general manager of Gansu Stock Exchange Center, member and deputy general manager of Gansu Jinkong Group, and successively presided over the work of the Inspection Corps Office (Party Committee Office) and the Investigation Department of China Securities Regulatory Commission.
"During his tenure, Mr. Liao Shengzhu did his duty diligently and made important contributions to the sustained and healthy development and standardized operation of the company. The board of directors of the company expressed heartfelt thanks to Mr. Liao Shengzhu for his contribution during his tenure." Guoyuan Securities also told the reporter of Securities China News Agency that in the future, it will continue to define its strategic orientation, take the "14th Five-Year Plan" as the guide, focus on the three core elements of "people, customers and assets", focus on the two key areas of institutional business and wealth management, build a "1+1+N" institutional business collaboration system, integrate business resources, strengthen the construction of investment and research capabilities, and drive the overall value creation of the company.
Some products of Toujing Life have obtained CE access qualification.
() Announced that some products of the company have recently obtained EU CE access qualification: cell preservation solution (used to preserve and transport cervical exfoliated cells); Nucleic acid extraction reagent (used for nucleic acid extraction, purification and other steps, and the processed products are used for clinical in vitro detection); Sample preservation solution (used for tissue and cytopathological analysis sample preservation), etc.
It is reported that the qualification of the above-mentioned products for access to IVDR CE in the European Union indicates that the above-mentioned products meet the relevant requirements of the European Union and already meet the access conditions of the European Economic Area (EEA), which is a continuation of the company’s approval for the approved IVDD CE products according to the new version of the EU in vitro diagnostic medical device regulation (EU)2017/746.
Through life: some products of the company have obtained CE access qualification.
Toujing Life announced on the evening of August 31 that some products of the company, such as cell preservation solution, nucleic acid extraction reagent and two sample preservation solutions, have recently obtained the qualification of EU CE access.
Xu Chunyin, supervisor of French information, intends to reduce his holdings by no more than 289,000 shares.
() Announced that Xu Chunyin, the company’s supervisor who holds 1.156 million shares (accounting for 0.31% of the company’s total share capital), plans to reduce his holdings of 289,000 shares (not exceeding 0.08% of the company’s total share capital) by means of centralized bidding, which will be carried out within 6 months after 15 trading days from the date of announcement of the reduction plan, such as block trading.
Ningbo Yunsheng: It is planned to set up a joint venture with China Mining Resources to acquire rare earth projects in Africa.
Ningbo Yunsheng announced that the company has signed an Investment Cooperation Agreement with China Mineral Resources, and the two parties intend to set up a joint venture company to acquire suitable rare earth projects in Africa and conduct exploration, development and mining rights investment in rare earth mines through the project company. The registered capital of the joint venture company is 55 million yuan, of which the shareholding ratio of the company is 45% and that of China Mining Resources is 55%.
Leon Technology’s subsidiary won a plot in jianyang city, which will be used to build Leon Cloud Data No.1 Base.
() Announcement, as disclosed in the previous announcement, the company signed the Investment Agreement with the jianyang city Municipal People’s Government, and the company plans to invest in the "Li ‘ang Cloud Data (Chengdu Jianyang) No.1 Base Project" in jianyang city to build a smart industrial park focusing on data centers, which is a fundraising project for the company to issue shares to specific targets in 2021.
It is reported that the company has set up a wholly-owned subsidiary in jianyang city, Leon Cloud Data (Sichuan) Co., Ltd., which is responsible for the investment, development, construction and management of the project. Recently, Leon Cloud Data (Sichuan) Co., Ltd. won the right to use state-owned construction land in Dongxi Street, jianyang city City, jianyang city for RMB 11,862,240, and signed the Transaction Confirmation for Listing and Transferring the Right to Use State-owned Construction Land.
Leon technology: the subsidiary won the land use right with 11.86 million yuan.
Leon Technology announced on the evening of August 31 that recently, Leon Cloud Data (Sichuan) Co., Ltd., a wholly-owned subsidiary of the company, won the right to use state-owned construction land in Dongxi Street, jianyang city City, jianyang city for 11,862,240 yuan. After obtaining the land use right, Leon Cloud Data (Sichuan) Co., Ltd. used it for the construction of "Leon Cloud Data (Chengdu Jianyang) No.1 Base Project", which was in line with the company’s overall development strategy.
Special information: It is planned to increase the capital of 71.02 million yuan to the subsidiary Tefa Huayin Wire and Cable.
On the evening of August 31st, Tefa Information announced that in order to meet the needs of the company’s holding subsidiary Changzhou Tefa Huayin Wire and Cable Co., Ltd. ("Tefa Huayin") to rapidly expand its business scale and optimize its financial structure, the company plans to increase its capital to Tefa Huayin by 71,026,100 yuan with its own funds. Other shareholders of Tefa Huayin do not increase capital in the same proportion. After the paid-in capital increase, the paid-in capital of Tefa Huayin will increase from 84.3927 million yuan to 150 million yuan, and the proportion of special information in the paid-in capital of Tefa Huayin will change from 80.79% to 89.19%.
According to public information, in 2022, the special Huayin ground conductor products achieved a new breakthrough in winning the bid in the primary market of non-electric direct customers. What’s more worth mentioning is that the first large-section conductor that can be applied to UHV transmission in Tefa Huayin Science and Technology Park in Changzhou has been successfully rolled off, which indicates that Tefa Huayin’s equipment can produce large-section conductors for UHV transmission, laying a new position for Tefa Huayin in the national power industry structure.
6.75 million shares held by Chen Leqiang, the major shareholder of Shifeng Culture, will be auctioned by the judiciary.
() Announcement, the company learned that the court will publicly auction 6.75 million shares of the company held by Mr. Chen Leqiang, a shareholder holding more than 5% of the company’s shares, on September 29, 2022 on Taobao’s judicial auction network platform.
Dabeinong terminated the acquisition of 30% equity of Jiuding Technology.
() Announced that the company held the 42nd (temporary) meeting of the fifth board of directors on August 30, 2022, deliberated and passed the Proposal on Dissolving the Equity Agreement and Terminating the Acquisition of Hunan Jiuding Technology (Group) Co., Ltd., and decided to dissolve the Equity Transfer Agreement and Cooperation Framework Agreement signed by the company with Mr. Yang Lin and Hunan Jiuding Technology (Group) Co., Ltd. ("Jiuding Technology" for short).
It is understood that after the company disclosed the acquisition of 30% equity of Jiuding Technology, it paid part of the equity transfer payment and withheld personal income tax as agreed on the day of signing the agreement, and actively communicated with Mr. Yang Lin and Jiuding Technology, and continued to pay attention to the standard operation of the target company. It is expected that the follow-up reconciliation and audit work will be completed as soon as possible, and the acquisition will be completed in an orderly manner as soon as possible. The Company signed the Business Engagement Letter with Jiuding Technology and the third-party auditing agency, and agreed that the third-party auditing agency would audit the financial report of Jiuding Technology. However, according to the preliminary audit results formed by the audit work up to now, the net profit and net assets of Jiuding Technology in 2020 and 2021 are quite different from the unaudited data provided by Jiuding Technology, and some of the data accounts are inconsistent. The information provided by Jiuding Technology cannot meet the requirements of an unqualified audit report issued by a third-party audit institution. The company has repeatedly communicated with Mr. Yang Lin and Jiuding Technology to promote the audit work, standardize the rectification and adjust the transaction price of the acquisition of equity, but the communication failed, resulting in the audit work since February 2022. Instead, Mr. Yang Lin filed a lawsuit first, requesting the company to pay the second equity transfer payment.
In view of Mr. Yang Lin’s fundamental breach of contract, which makes it difficult to continue the acquisition and achieve the purpose of the contract, the board of directors of the company decided to dissolve the Equity Transfer Agreement and Cooperation Framework Agreement signed with Mr. Yang Lin and Jiuding Technology according to the law and terminate the acquisition. The company is actively negotiating with Mr. Yang Lin and Jiuding Technology to ask Mr. Yang Lin to return the paid equity transfer money and the interest occupied by related funds through negotiation or responding to lawsuits and counterclaims.
Happy Sunshine, a subsidiary of Mango Hypermedia, plans to increase its capital in Xiaomang E-commerce, its holding subsidiary, by means of debt-to-equity swap.
() Announcement: In order to enhance the financial strength and comprehensive competitiveness of Xiaomang E-commerce Co., Ltd. ("Xiaomang E-commerce"), Hunan Happy Sunshine Interactive Entertainment Media Co., Ltd. ("Happy Sunshine"), a wholly-owned subsidiary of the company, plans to increase the capital of Xiaomang E-commerce, its holding subsidiary (the shareholding ratio is 66.67%), by means of debt-to-equity swap. After the completion of the capital increase, the proportion of shares held by Happy Sunshine in Xiaomang E-commerce will increase, which will not lead to changes in the scope of the company’s consolidated statements. Prior to this capital increase, Mango Media Co., Ltd. ("Mango Media"), the controlling shareholder of the company, held 33.33% equity of Xiaomang E-commerce.
As of the disclosure date of this announcement, the loan balance of Happy Sunshine to Xiaomang E-commerce was 275 million, which occurred before Mango Media increased its capital (that is, during the period when Happy Sunshine was the sole shareholder of Xiaomang E-commerce), and its business essence was the continuation of the daily operating loan of Happy Sunshine to the original wholly-owned subsidiary. As Mango Media, the controlling shareholder of the company, increased the capital of Xiaomang E-commerce and obtained its participation rights, the above-mentioned Happy Sunshine’s surviving loan to Xiaomang E-commerce passively constituted the financial support of listed companies. Happy Sunshine intends to solve it as soon as possible through legal and compliant means, including but not limited to converting all the above creditor’s rights and interest into new equity in Xiaomang E-commerce ("debt-for-equity swap") or providing loans to Xiaomang E-commerce by other shareholders of Xiaomang E-commerce in equal proportion; At the same time, Happy Sunshine will calculate and charge interest on its surviving loan to Xiaomang E-commerce in a market-oriented way (according to the market interest rate level).
Dabeinong: Termination of Acquisition of Jiuding Technology Equity
Dabeinong announced on the evening of August 31 that in view of Yang Lin’s fundamental breach of contract, it was difficult to continue the acquisition and achieve the purpose of the contract. The board of directors of the company decided to dissolve the Equity Transfer Agreement and the Cooperation Framework Agreement signed with Yang Lin and Jiuding Technology in accordance with the law and terminate the acquisition. The company is actively negotiating with Yang Lin and Jiuding Technology to ask Yang Lin to return the paid equity transfer money and the interest occupied by related funds through negotiation or responding to lawsuits and counterclaims.
Mango Supermedia: The subsidiary plans to increase the capital of Xiaomang E-commerce by means of debt-to-equity swap.
Mango Super Media announced on the evening of August 31 that Happy Sunshine, a wholly-owned subsidiary of the company, intends to increase its capital in Xiaomang E-commerce, its holding subsidiary (shareholding ratio is 66.67%), by means of debt-to-equity swap. After the completion of the capital increase, the proportion of shares held by Happy Sunshine in Xiaomang E-commerce will increase, which will not lead to changes in the scope of the company’s consolidated statements. As of the disclosure date of the announcement, the loan balance of Happy Sunshine to Xiaomang E-commerce was 275 million.
Ruoyuchen plans to spend 20 million to 30 million yuan to buy back shares.
If Yuchen announces, the company intends to buy back the company’s shares with its own funds for the implementation of the company’s equity incentive plan or employee stock ownership plan. The repurchase amount is not less than 20 million yuan, not more than 30 million yuan, and the repurchase price is not more than 23.83 yuan/share.
Bohui shares: "Bohui convertible bonds" will be listed and traded on September 2nd.
() Announcement: The convertible corporate bonds of RMB 397 million issued by the company will be listed and traded in Shenzhen Stock Exchange from September 2, 2022. The bonds are referred to as "Bohui Convertible Bonds" and the bond code is "123156".
Hongyi Jiahua, the controlling shareholder of Chengdu Luqiao, has reduced its holdings by 1%.
() Announcement, the controlling shareholder of the company, Hongyi Jiahua, plans to reduce its holdings by more than half, and it has reduced its holdings by 7.572 million shares through centralized bidding, accounting for 1% of the company’s current total share capital.
Guoyuan Securities: Vice President Liao Shengzhu resigned.
Beijing, August 31 Guoyuan Securities announced tonight that the board of directors of the company received a written resignation report from Liao Shengzhu, vice president of the company today. Liao Shengzhu applied to resign as the company’s vice president for personal reasons. As of the disclosure date of the announcement, Liao Shengzhu does not hold shares in the company.
According to the announcement of Guoyuan Securities, Liao Shengzhu’s resignation report will take effect from the date when it is delivered to the board of directors. After resignation, Liao Shengzhu will not hold any position in the company and its holding subsidiaries.
Gu ‘ao Technology: Some shares of the controlling shareholder were frozen by the judiciary.
() On the evening of August 31st, it was announced that some shares of the company held by Chen Chongjun, the actual controller and controlling shareholder of the company, were frozen by the judiciary. According to the disclosure, Chen Chongjun’s shares frozen by the judiciary totaled 9,104,300 shares, accounting for 7% of the company’s shares. Up to now, Chen Chongjun has pledged 117 million shares, accounting for 90.21% of the company’s shares; A total of 60,667,700 shares were frozen by the judiciary, accounting for 46.63% of the company’s shares; A total of 7,112,400 shares were waiting to be frozen, accounting for 5.47% of the company’s shares. At present, the shares of the company held by Chen Chongjun are all in the state of pledge or freezing.
Establishing new energy: it is planned to invest 4.21 billion yuan in new energy power generation projects.
() On the evening of August 31st, the company announced that it plans to set up a new subsidiary to invest in the construction of a 200,000 kW/800,000 kWh energy storage scale+800,000 kW wind power project in Santang Lake, including 800,000 kW wind power generation and 200,000 kW energy storage system. The total investment of the project is estimated to be 4.21 billion yuan.
Sanxiong Aurora: Zhuhai Abama Asset Management Co., Ltd. holds 5.32% of the shares.
() On the evening of August 31st, it was announced that Zhuhai Abama Asset Management Co., Ltd. increased its holding of 14,902,200 shares of Sanxiong Aurora unrestricted shares through centralized bidding and block trading from May 16th to August 26th, accounting for 5.32% of the company’s total share capital. Before this equity change, Zhuhai Abama Asset Management Co., Ltd. did not hold shares in the company.
Chuanyi Technology: The production line of Chuanyi Sodium Power Project will be put into production soon.
() Announcement: Recently, the company received a notice that the installation and commissioning of all production equipment and devices in the project of Jiangsu Chuanyi Sodium Power Technology Co., Ltd. ("Chuanyi Sodium Power"), which is controlled by Sun Company, are progressing smoothly, and the pilot production conditions have been met and will soon be put into operation.
The announcement shows that the company plans to hold the "Chuanyi sodium battery pilot ceremony, the unveiling ceremony of Chuanyi sodium ion battery research institute and the product launch conference of Chuanyi sodium ion battery" in Gaoyou on October 27, 2022; In the same period, the "High-end Forum on Innovation of Sodium Ion Battery Industry" will be held.
Chuanyi Technology: Holding Sun Company’s pilot line will be put into production soon.
Chuanyi Technology announced on the evening of August 31 that the company recently received a notice that the installation and commissioning of all production equipment and devices of Chuanyi Sodium Power Project of Sun Company, which is controlled by the company, are progressing smoothly, and the pilot production conditions have been met and will soon be put into operation. The company plans to hold the "Chuanyi sodium battery pilot ceremony, the unveiling ceremony of Chuanyi sodium ion battery research institute and the product launch conference of Chuanyi sodium ion battery" in Gaoyou on October 27th. In the same period, the "High-end Forum on Innovation of Sodium Ion Battery Industry" will be held.
Yongtai energy: Join hands with Hyde to invest 1 billion yuan to set up an energy storage technology company.
On the evening of August 30th, () announced that the company plans to set up Detai Energy Storage, an energy storage technology company, through () joint investment of 1 billion yuan, and strive to build an electrochemical energy storage industry chain. Through Detai Energy Storage, we acquired 65% equity of Huihong Mining, invested in the construction of 2×1000MW energy storage auxiliary frequency modulation project of Zhangjiagang Shazhou Power Plant, and increased capital of 100 new energy sources, which accelerated the development of the company’s entire industrial chain and the layout of new energy storage fields in the field of all-vanadium flow battery energy storage, and made solid steps towards the transformation and development of energy storage industry.
Previously, the company had a clear plan for the transformation and development of energy storage in the 2021 annual report: strive to make a substantial breakthrough in the energy storage industry within one year, form a scale within three years, and enter the first phalanx of the energy storage industry in 5-8 years. This time, the energy storage project announced by the company is the orderly implementation of the development planning objectives.
Join forces to promote the company’s transformation to the energy storage industry
The announcement shows that the company will accelerate the development of the whole industrial chain and the layout of new energy storage fields in the field of all-vanadium flow battery energy storage through Detai Energy Storage jointly invested with Hyde.
Yongtai energy has been deeply involved in the traditional energy field for many years, with strong capital talents and unique advantages of coal-electricity integration. The company’s business performance continues to grow, and its coal and electric power businesses have gathered a group of outstanding management talents and technical talents, which can provide talent support for Detai Energy Storage to enter the energy storage industry; At the same time, yongtai energy’s electric power units have the advantages of large single unit capacity and high technical parameters, and some unit systems are being reformed, which can play a synergistic role in the industry. Yongtai energy has many advantages, such as industrial synergy, talents and capital, in the transformation and development of energy storage industry. The company’s investment and layout of energy storage industry conforms to the transformation and development strategy and can achieve new and great development.
Hyde is a listed company of Shenzhen Stock Exchange controlled by Yongtai Group, the controlling shareholder of yongtai energy. Hyde Co., Ltd. has been deeply involved in the field of asset management for many years, and has rich experience in project management. With the advantages of platform, asset management and industrial synergy of listed companies, Hyde Co., Ltd. competes with other asset management companies in dislocation, and its operating performance has reached record highs in recent years, showing a strong development momentum. At present, Hyde Co., Ltd. has carried out business in many places across the country, and has set up an industrial chain system and asset management business platform for the disposal of distressed assets that radiate across the country. At the same time, Hyde has also established the development concept of capital management and asset management, giving full play to the functions of two main bodies and two platforms of listed companies and their AMC licensed subsidiaries, and making it a value-creating asset management institution with strong influence and high reputation. In terms of capital management projects, we will focus on promoting promising projects in the energy storage and new energy industry.
This time, yongtai energy and Hyde jointly invested 1 billion yuan to set up Detai Energy Storage Company, which is an arrangement for the two listed companies to give full play to their respective advantages. Specifically, yongtai energy will give full play to the advantages of industrial management craftsman spirit and specialize in fine product manufacturing; Hyde shares will give full play to the advantages of capital management and market development, and become bigger and stronger. The combination of the two will accelerate the construction of a new model of the whole industrial chain of capital and industry integration in the energy storage field and accelerate the strategic goal of entering the head camp of the energy storage industry.
Multi-point layout to build the whole industrial chain of all-vanadium flow battery energy storage
After the establishment of Detai Energy Storage Co., Ltd., it will make multi-point layout in upstream resources and downstream applications, and accelerate the construction of the whole industrial chain of the company’s all-vanadium flow battery energy storage.
According to the company’s announcement, in order to obtain high-quality vanadium ore resources, upgrade high-purity vanadium smelting technology and accelerate the construction of the whole industrial chain of all-vanadium flow battery energy storage, Detai Energy Storage will acquire 65% equity of Huihong Mining held by Xinjiang Huiyou Group for 192 million yuan.
Huihong Mining’s main business is vanadium mining and smelting, with the development of vanadium resources in Platform Mountain in Dunhuang as the core. Through supplementary exploration and updating and technical transformation of mining and smelting equipment, Huihong Mining has a vanadium ore resource of 24.9 million tons, a vanadium pentoxide resource of 241,500 tons and a vanadium pentoxide production capacity of 3,000 tons/year. Through this acquisition, the company will have high-quality upstream vanadium resources and provide a solid foundation for the development of the whole industrial chain of all-vanadium flow battery energy storage.
In addition, in order to give full play to the advantages of the company’s power resources, expand the application of all-vanadium flow battery energy storage in the power generation side, and accelerate the construction of the whole industrial chain of all-vanadium flow battery energy storage, Detai Energy Storage will invest in the construction of the 2×1000MW unit energy storage auxiliary frequency modulation project of Shazhou Power, a holding company of the company, with an investment of 150 million yuan, which will be jointly built by Shazhou Power and Detai Energy Storage in the form of contract energy management, and the project investment will be borne by Detai Energy Storage.
The cooperation between Detai Energy Storage and Shazhou Electric Power is a new exploration for the company to adopt the frequency modulation mode of "thermal power+energy storage" and develop into the new energy storage field. Combining with the energy storage strategic layout of the company’s ongoing vanadium mine resource integration and the formation of vanadium battery R&D and production capacity, it is the first to break through the market application scenario of vanadium battery in the frequency modulation field of thermal power, and through the actual operation of the project, the technical performance of Detai Energy Storage’s own products is improved, forming a development route of energy storage technology with the company’s own advantages and characteristics. The project is of great significance and considerable economic returns in the development and utilization of new electric energy storage technology, improving the auxiliary service quality of thermal power units and enhancing the frequency modulation ability of power grid, and will produce good economic benefits and demonstration effects after operation.
The company said that it will make full use of the advantages of large-scale power plant units, advanced parameters and superior geographical location to establish a demonstration effect of energy storage projects, speed up the layout of the all-vanadium flow battery energy storage application market, guide the market to carry out the construction of all-vanadium flow battery energy storage projects, promote technology application, quickly seize the market and cultivate new profit growth points.
In addition, in order to expand the new energy storage market, Detai Energy Storage will also increase its capital by RMB 10 million. Baipeng New Energy is a new energy storage technology company, and the world’s leading developer of compressed carbon dioxide energy storage systems, mainly engaged in the research, development, integration, sales and operation of compressed carbon dioxide energy storage systems and equipment.
The company said that this capital increase is to further implement the transformation and development plan to the energy storage industry and accelerate the company’s investment layout in the new energy storage industry, as a supplement to the company’s development of the entire industrial chain in the field of all-vanadium flow battery energy storage.
Combined with the 2022 semi-annual report released by yongtai energy, the company achieved double growth in revenue and profit in the first half of the year, achieving operating income of 16.586 billion yuan, a year-on-year increase of 43.83%; The non-net profit was 789 million yuan, a year-on-year increase of 137.90%. Previously, the company announced that it will hand in hand with large-scale central enterprises to lay out pumped storage. This announcement will lay out all-vanadium liquid electrochemical energy storage and carbon dioxide supercritical energy storage, build a diversified and systematic layout of the energy storage industry, and the prototype of a new energy system integrating coal, electricity and storage will appear. The company’s development prospects in the energy storage industry will be broader.
Aerospace Rainbow: It is planned to sign an intentional sales agreement for UAV products.
() On the evening of August 31st, it was announced that the company recently planned to sign an intentional sales agreement with Aerospace Long March International Trade Co., Ltd. for a certain UAV product, with an intentional agreement amount of about 600 million yuan, accounting for 20.59% of the company’s audited operating income in 2021. This Intention Agreement is an overseas customer’s renewed purchase of a certain UAV and related supporting products of the company.
Fengyuan shares invested in the construction of 100,000 tons of iron phosphate project and steadily extended to the upstream industrial chain.
On August 30th, () announced that it plans to sign the Project Contract of "Fengyuan Chemical Oxalic Acid Returning to the Garden and Building 100,000 Tons of Iron Phosphate" with the people’s government of Yicheng District of Zaozhuang City, with a total investment of no more than 1.5 billion yuan (not less than 1 billion yuan) to implement the construction project of returning 100,000 tons of iron phosphate and oxalic acid to the garden.
Fengyuan Lithium, a wholly-owned subsidiary of the company, can contribute 140 million yuan in cash, accounting for 70% of the registered capital; Shandong Dongjia Group Co., Ltd. (hereinafter referred to as "Dongjia Group") contributed 60 million yuan in cash, accounting for 30% of the registered capital. Fengyuan Dongjia is a holding subsidiary of Fengyuan Lithium Energy. After the establishment of Fengyuan Dongjia, as the main operator of the company’s annual output of 100,000 tons of iron phosphate project in Yicheng District, Zaozhuang City, he was responsible for the specific operation of the project.
At present, the lithium battery market has broad prospects and high growth potential. In order to expand the scale of lithium battery business, the two sides plan to jointly invest in the construction of the "100,000-ton iron phosphate project", which will be built in two phases: the first phase will be 50,000 tons, and the construction will be completed and put into production within 18 months from the start of construction; The second phase is 50,000 tons, and the construction will be completed in 18 months from the completion of the first phase.
Iron phosphate is one of the important raw materials for cathode materials in Ferrous lithium phosphate, the company’s main business. Based on Dongjia Group’s advantage of ferrous sulfate as a by-product in titanium dioxide production, the layout of iron phosphate is conducive to reducing the production cost of products, reducing the adverse impact of raw material price fluctuations on the company and strengthening the stability of the company’s supply chain. On the other hand, synergy can be achieved in product performance. By independently developing and producing core precursor materials, the comprehensive performance of Ferrous lithium phosphate cathode can be improved, and the company’s competitive advantage can be continuously enhanced, which is in line with the strategic development plan of the company’s integrated layout.
Aerospace Rainbow plans to sign an intentional sales agreement of about 600 million yuan for UAV products with the Space Long March.
Aerospace Rainbow announced that the company recently plans to sign an intentional sales agreement with the related party Aerospace Long March International Trading Co., Ltd. ("Aerospace Long March"), and the amount of the intentional agreement is about RMB 600 million, accounting for 20.59% of the company’s audited operating income in 2021.
Sanxiong Aurora: Zhuhai Abama Asset Management increased its shareholding in the company by 5.32% through the fund.
Sanxiong Aurora announced that Zhuhai Abama Asset Management Co., Ltd., a shareholder of the company, increased its shares through "Zhuhai Abama Asset Management Co., Ltd.-Abama Wanxiang Yixin No.54 Private Equity Investment Fund" and "Zhuhai Abama Asset Management Co., Ltd.-Abama Wanxiang Yixin No.55 Private Equity Investment Fund" based on the needs of product investment and optimistic about the company’s future development prospects, with a total increase of 14,902,200 shares, accounting for 5.32% of the company’s total share capital.
() The temporary proposal to increase the controlling shareholder is proposed to be renamed as "Gansu Jingang Photovoltaic Co., Ltd."
King Kong Glass announced that Guangdong Ouhao Group Co., Ltd., the controlling shareholder of the company, submitted the Letter on Submitting the Temporary Proposal for Adding the Fifth Extraordinary General Meeting of Shareholders of Gansu King Kong Glass Technology Co., Ltd. in 2022 to the board of directors of the company on August 31, 2022, and requested the change of company name, securities abbreviation and revision.<公司章程>The Proposal was submitted to the Fifth Extraordinary General Meeting of Shareholders in 2022 to be held on September 13, 2022 for deliberation.
After the proposed change, the full name of the company is Gansu Jingang Solar Co.,Ltd, and the securities are abbreviated as Jingang Photovoltaic.
Cape Bio elected Guan Qiaozhong as the chairman.
() Announcement was issued, and the Board of Directors deliberated and adopted the Proposal on Electing the Chairman of the Fifth Board of Directors of the Company, and elected Mr. Guan Qiaozhong as the Chairman of the Fifth Board of Directors of the Company for a term of three years from the date of deliberation and approval of this board of directors.
Ge Peng, deputy general manager of AIPAC, completed the increase of 410,000 shares.
() Announcement: On August 31st, 2022, Ge Peng, the deputy general manager of the company, increased his holding of 410,000 shares in the company through centralized bidding in the trading system of Shenzhen Stock Exchange, accounting for 0.0510% of the company’s total share capital, with a total holding amount of 5,016,500 yuan. Ge Peng’s holding plan has been completed.
Sanxiong Aurora was listed by Zhuhai Abama Asset Management Co., Ltd., and its shareholding ratio reached 5.32%.
Sanxiong Aurora announced that from May 16, 2022 to August 26, 2022, Zhuhai Abama Asset Management Co., Ltd. increased its holding of 14,902,200 shares of Sanxiong Aurora unrestricted shares through centralized bidding and block trading, accounting for 5.32% of the company’s total share capital. Before this equity change, Zhuhai Abama Asset Management Co., Ltd. did not hold shares in the company. After this equity change, Zhuhai Abama Asset Management Co., Ltd. held 14,902,200 shares in the company through "Zhuhai Abama Asset Management Co., Ltd.-Abama Wanxiang Yixin No.54 Private Equity Investment Fund" and "Zhuhai Abama Asset Management Co., Ltd.-Abama Wanxiang Yixin No.55 Private Equity Investment Fund", accounting for 5.32% of the company’s total share capital.
Polyvinyl will be listed on GEM on September 2nd.
() Announce that the company’s shares will be listed on the Growth Enterprise Market of Shenzhen Stock Exchange on September 2, 2022.
Chuanyi Technology: Holding Sun Company Chuanyi Sodium Power Pilot Line will be put into production soon.
Chuanyi Science and Technology announced that the company recently received a notice that the installation and debugging of all production equipment and devices of Chuanyi Sodium Power Project of Sun Company, which is controlled by the company, are progressing smoothly, and the pilot production conditions have been met and will soon be put into operation. The company plans to hold the "Chuanyi Sodium Battery Pilot Ceremony, the unveiling ceremony of Chuanyi Sodium Ion Battery Research Institute, and the product launch conference of Chuanyi Sodium Ion Battery" in Gaoyou on October 27th, 2022.
Xin Jufeng will be listed on the GEM on September 2nd.
() Announce that the company’s shares will be listed on the Growth Enterprise Market of Shenzhen Stock Exchange on September 2, 2022.
Transparent life: products such as nucleic acid extraction reagents have obtained EU CE access qualification.
Toujing Life announced on the evening of August 31 that some products of the company have recently obtained the qualification of EU CE access. Products include cell preservation solution, nucleic acid extraction reagent, sample preservation solution, etc. The continuation of the above qualifications will have a positive impact on the company’s future operation and help expand overseas markets.
Consistency evaluation of tranexamic acid injection in Laimei Pharmaceutical
Laimei Pharmaceutical announced on the evening of August 31st that the company recently received the Notice of Approval for Supplementary Drug Application issued by National Medical Products Administration, and the declared two specifications of chemicals "tranexamic acid injection" of 5ml:0.25g and 5ml:0.5g passed the consistency evaluation of generic drug quality and efficacy.
The data show that tranexamic acid injection is a synthetic lysine derivative, which is often used to treat gastrointestinal bleeding, oozing blood, surgical bleeding and gynecological bleeding in clinic. It is one of the classic hemostatic drugs. The drug was first listed in Japan in 1965, and then it was listed in Europe, the United States and other places. In December 2021, it was included in China’s "Medical Insurance Catalogue". In July 2005, the company obtained the Drug Registration Certificate approved and issued by National Medical Products Administration. In November 2021, the company submitted an application for consistency evaluation to the Drug Evaluation Center of the Food and Drug Administration.
According to the national enlarged hospital data (urban public hospitals) of Minenet, the sales of this drug in 2019 -2021 were about 156 million yuan, 245 million yuan and 409 million yuan respectively, including various specifications, among which the market-leading specifications were 5 ml: 0.5g and 5 ml: 0.25g..
Laimei Pharmaceutical said that the conformity evaluation of the above-mentioned drugs of the company is conducive to improving the market competitiveness of the product and the future market expansion of the product, and at the same time, it has accumulated experience for the company to carry out conformity evaluation of subsequent products. The company also suggested that due to the influence of national policies, market environment changes and other factors, drug sales have great uncertainty.
Shareholding of shareholders of Safran Power Group Co., Ltd. has changed.
The board of directors of Safran Electric Power Group Co., Ltd. issued an announcement on August 31, stating that shareholder Cao Hetai reduced his holding of 574,700 shares through the after-hours trading of the national small and medium-sized enterprise share transfer system.
Tongbi Finance understands that the company’s main business is to provide power industry design and related consulting services to provincial power grid companies, power supply companies and real estate companies. The service products provided by the company mainly include: consulting and technical support services related to power engineering survey and design and power grid planning and design.
Although the economic growth rate of China has slowed down in recent years, it is predicted that the economic growth rate will remain at around 7%. With the economic growth, the demand for electricity will continue to grow, and the investment in power grid construction projects will also increase. In addition to the investment in power grid construction projects driven by economic growth, the transformation and upgrading of rural power grids and the construction and transformation of urban distribution networks will further promote the investment in power grid construction projects. As an important part of the power grid construction project, the power survey and design will keep the growth trend with the expansion of the total investment of the power industry.
From January to July 2016, the top five customers of the company were, Shantou Power Supply Bureau of Guangdong Power Grid Co., Ltd., Hechi Power Supply Bureau of Guangxi Power Grid Co., Ltd., Nanning Power Supply Bureau of Guangxi Power Grid Co., Ltd., Fangchenggang Power Supply Bureau of Guangxi Power Grid Co., Ltd., Laibin Power Supply Bureau of Guangxi Power Grid Co., Ltd., Power Grid Construction Branch of Guangxi Power Grid Co., Ltd., Guigang Power Supply Bureau of Guangxi Power Grid Co., Ltd., Huizhou Power Supply Bureau of Guangdong Power Grid Co., Ltd. Baise Power Supply Bureau of Guangxi Power Grid Co., Ltd., Qinzhou Power Supply Bureau of Guangxi Power Grid Co., Ltd., Liuzhou Power Supply Bureau, Guilin Power Supply Bureau of Guangxi Power Grid Co., Ltd., Fangcheng Power Supply Company, Yizhou Power Supply Company, Luchuan Power Supply Company, Guangzhou Huijun Power Engineering Design Co., Ltd., China Nuclear Industry Ersan Construction Co., Ltd., Guilin Fortune Commercial City Co., Ltd. and Datang Gongcheng New Energy Co., Ltd.
From January to July, 2016, the top five suppliers of the company were Yunnan Hechuang Power Engineering Co., Ltd., Hunan Hongchang Power Engineering Construction Co., Ltd., Guangxi Guineng Power Labor Service Co., Ltd., Guangxi Civil Survey and Detection Management Co., Ltd. and Guangxi Guangsheng Power Design Co., Ltd.
The company’s main competitors in the same industry include state-owned electric power design institutes in various provinces and cities (such as Guangxi Electric Power Industry Survey and Design Institute, Guangdong Electric Power Design and Research Institute, etc.) and other private design enterprises specializing in various market segments of electric power design.
Judging from the financial data of the company in the past five years, the total operating income in two years has increased year-on-year, with a good increase; The net profit of returning to the mother in these five years is average; In the past five years, the return on net assets is good and the profit level is good.
According to public data, the operating income of Safran Power in 2021 was 108,211,524 yuan, the net profit attributable to the parent company was 3,517,583 yuan, the return on net assets was 4.22%, and the growth rate of operating income was -5.66%. At present, the sponsoring brokerage firm is Guohai Securities Co., Ltd., and the trading method is call auction trading, which belongs to the innovation layer.
Aerospace Rainbow intends to sign an intentional sales agreement for UAV products.
Aerospace Rainbow announced that the company recently plans to sign an intentional sales agreement with Aerospace Changzheng International Trade Co., Ltd. for a drone product, with an intentional agreement amount of about 600 million yuan, accounting for 20.59% of the company’s audited operating income in 2021. The counterparty of the intention agreement, Aerospace Changzheng, is a related party of the company, and this transaction is a daily related party transaction.
Sanxiong Aurora was licensed. Zhuhai Abama Asset Management Co., Ltd. holds 5.32% of the shares.
Sanxiong Aurora announced that from May 16, 2022 to August 26, 2022, Zhuhai Abama Asset Management Co., Ltd. increased its holding of 14,902,200 shares of Sanxiong Aurora unrestricted shares through centralized bidding and block trading, accounting for 5.32% of the company’s total share capital. Before this equity change, Zhuhai Abama Asset Management Co., Ltd. did not hold shares in the company. After this equity change, Zhuhai Abama Asset Management Co., Ltd. held 14,902,200 shares in the company through "Zhuhai Abama Asset Management Co., Ltd.-Abama Wanxiang Yixin No.54 Private Equity Investment Fund" and "Zhuhai Abama Asset Management Co., Ltd.-Abama Wanxiang Yixin No.55 Private Equity Investment Fund", accounting for 5.32% of the company’s total share capital.
[Company Report]
Sanxiong Aurora’s net profit in the first quarter increased by 132%-154%
Sanxiong Aurora disclosed the first quarter performance forecast. The company expects to make a profit of RMB 21 million to RMB 23 million in the first quarter of 2022, an increase of 131.96%-154.05% over the same period of last year. It is estimated that the impact of the company’s non-recurring gains and losses on the net profit during the reporting period is about 19 million yuan.
The shareholders of Sanxiong Aurora intend to reduce their holdings by no more than 11.3% in total.
Sanxiong Aurora announced that shareholders Zhang Xianqing, Lin Yan and Chen Songhui, who hold more than 5% of the company’s shares, plan to reduce their holdings by no more than 11.3% through centralized bidding or block trading within 6 months after 15 trading days from the announcement date.
Wutong Holdings: The follow-up arrangements for the listing of 498 Technology as a supplier blacklist by Guangdong Post have not yet been determined.
() It was announced on the evening of August 31, and on August 10, the company’s acquisition of 90% equity of 498 Technology has been completed. On August 2nd, the company paid attention to the information that Guangdong Post had blacklisted 498 technology as a supplier. In view of the fact that Guangdong Post’s business in the province accounts for a large proportion of the scientific and technological income in 1998, and the risk that the business in the provinces under the tripartite mode may also be affected has not been eliminated, the company has not yet paid the first equity transfer payment to the counterparty. The follow-up arrangement of this transaction has not yet been determined. If the M&A transaction continues in the future, the company will re-audit and evaluate the assets of 498 Technology and sign a new asset purchase agreement with the counterparty.
Xugong Machinery completed the overall listing.
On August 30th, Xugong Group Construction Machinery Co., Ltd. announced that with the listing of 6.97 billion new shares the day before, the whole listing of Xugong Group Construction Machinery Co., Ltd., which lasted for nearly one and a half years, was completed, and the capital market ushered in a "new Xugong".
In late September 2020, Xugong successfully signed a strategic investment contract, attracting 21.056 billion yuan, and taking a solid step in the reform of mixed ownership. On April 7, 2021, () suspended trading to plan major asset restructuring. This reorganization injected high-quality assets into listed companies, and the supporting assets of construction machinery such as excavation machinery, concrete machinery, mining machinery and tower crane under Xugong Co., Ltd. were injected into listed companies as a whole. The underlying assets were priced at 38.686 billion yuan. According to the issue price of 5.55 yuan/share, the number of shares issued was about 6.97 billion shares, all of which were tradable shares with limited sales conditions. After this transaction, all the 2.986 billion shares of Xugong Machinery held by Xugong Limited will be cancelled, and Xugong Group will become the controlling shareholder and actual controller of the listed company. After 6.97 billion new shares were listed, the total share capital of listed companies became 11.819 billion shares.
In 2021, Xugong Machinery’s total operating income increased by 14.01% year-on-year, making it the only construction machinery giant in China to achieve double-digit growth. The company’s net sales interest rate increased to 6.7% in 2021 and reached 7.07% in the first quarter of this year, and its operating efficiency continued to improve.
*ST Helen has suspended trading since the market opened on September 1 because she failed to disclose the semi-annual report within the time limit.
() Announcement, the 11th meeting of the 5th Board of Directors of the Company was held by means of communication at 15:00 on August 28th, 2022. The meeting reviewed the Proposal on Disclosure of the First Quarterly Report of 2022 and the Proposal on Disclosure of the Semi-annual Report of 2022 item by item, with 2 votes in favor (directors Ma Chao and Deng Haojie voted in favor) and 7 abstentions (director Jin Shijie) According to the regulations, periodic reports that have not been reviewed and approved by the board of directors cannot be disclosed.
According to Articles 10.4.1 and 10.4.5 of the Listing Rules of Growth Enterprise Market of Shenzhen Stock Exchange (revised in December 2020), if a listed company fails to disclose the relevant annual report or semi-annual report within the statutory time limit, its shares and its derivatives will be suspended from the next trading day after the expiration of the corresponding time limit. According to the above regulations, the company’s shares will be suspended from the market opening on Thursday, September 1, 2022.
If the company discloses the true, accurate and complete 2022 semi-annual report by more than half of the directors within two months after the suspension of the stock, the company’s stock will resume trading after the announcement. If the company fails to disclose the true, accurate and complete 2022 semi-annual report guaranteed by more than half of the directors within two months after the stock suspension, it will resume trading on the next trading day after the stock suspension expires for two months, and will be superimposed to implement delisting risk warning.
If the company has not disclosed the true, accurate and complete 2022 semi-annual report by more than half of the directors within two months from the date when the delisting risk warning was superimposed by Shenzhen Stock Exchange, Shenzhen Stock Exchange will decide to terminate the listing and trading of the company’s shares.