Today's focus

[2 consecutive boards, Shanghai Beiling: There have been no major changes in the daily business situation or external environment recently]

Shanghai Beiling issued a stock trading change announcement stating that the cumulative deviation value of the closing price increase of the company's stock for 3 consecutive trading days on July 17, 18, and 19 was more than 20%. After self-inspection, there have been no major changes in the company's daily business conditions or external environment recently. The company's market environment and industry policies have not undergone major adjustments at present, production costs have not fluctuated greatly, and the internal production and operation order is normal.

[Jiang Bolong: Net profit of 0.52 billion yuan to 0.61 billion yuan in the first half of the year is expected to reverse losses year on year]

Jiang Bolong announced that it expects net profit of 0.52 billion yuan to 0.61 billion yuan in the first half of the year, reversing losses from the previous year. During the reporting period, the scale of the company's enterprise-level storage business increased significantly, and the company's self-developed main control chip business maintained an upward trend, further highlighting the “moat” and “booster” effects on the company's main business. Small financial note: Q1 net profit of 0.384 billion yuan. Based on this calculation, Q2 net profit is expected to be 0.136 billion yuan to 0.226 billion yuan, a decrease of 41% to 65% over the previous month.

[Yankuang Energy: Intended to obtain control of highland resources from an Australian listed company]

Yankuang Energy announced that the company and Highfield Resources Limited (a company listed on the Australian Stock Exchange, stock code: HFR.ASX, “Highland Resources”) are planning a strategic cooperation. The company plans to obtain additional shares issued by Highland Resources through asset injection and cash subscription, becoming the largest shareholder of Highland Resources and gaining control after the transaction. On July 19, 2024, Yankuang Energy and Highland Resources signed a non-legally binding “Letter of Intent for Cooperation” in this regard. Highland Resources's main business is the development of potash fertilizer projects. The core project is a potash mine project under construction in northern Spain, with about 0.28 billion tons of potash resources. The project began earthwork construction in 2022, and the first phase is designed to have a production capacity of 0.5 million tons/year.

[Sanyuan Biotech: Erythritol products were subject to temporary anti-dumping duties of 156.7% by the European Commission]

Sanyuan Biotech announced that on July 19, 2024, the European Commission announced the preliminary ruling on the anti-dumping investigation of erythritol. The company's product, erythritol (pure erythritol or other mixed erythritol containing less than 10%) products, was subject to a provisional anti-dumping duty of 156.7%. The above temporary anti-dumping measures took effect on the date the EU announced the preliminary ruling. Since June 7, 2024, imports of erythritol, the product involved in the case, have been retroactively levied provisional anti-dumping duties for 4 weeks according to the initial ruling rate. The imposition of temporary tariffs by the EU has had a certain impact on the company's erythritol exports to the EU market, but the overall impact is limited. Currently, the company is taking measures to respond positively, including increasing sales of blended sugar to the EU market, actively promoting the company's new high-quality stevia (RM, RD), rapidly expanding production of alloone sugar, and increasing development efforts in domestic and emerging markets such as Southeast Asia, India, the Middle East, South America, etc., to diversify products and diversify the market layout.

[Double board Qinghai Huading: Currently, the company's production and operation are normal, and the loss is expected to be 15 million yuan in the first half of 2024]

Qinghai Huading issued an announcement of abnormal fluctuations in stock trading. Currently, the company's production and operation are normal, and there have been no major changes in the internal and external business environment. The company disclosed the “Qinghai Huading 2024 Semi-Annual Performance Forecast” on July 10, 2024. According to preliminary estimates by the finance department, the net profit attributable to shareholders of listed companies for the semi-year 2024 is estimated to be around -15 million yuan.

Investments & Contracts

[Gelin Precision: Plans not to exceed 56.18 million US dollars to build a precision structural parts production base in Vietnam]

Gelin Precision announced that the company plans to invest in the construction of a precision structural parts production base in Vietnam through its wholly-owned subsidiary Gelin International. The proposed investment amount is no more than 56.18 million US dollars, including but not limited to matters relating to the establishment of a new company, the purchase of land, civil engineering, the purchase of production equipment and support, and groundbreaking capital.

[Changjiang Electric Power: Plans to invest no more than 10.997 billion yuan to build the Guanghanping Pumped Storage Power Station Project in Youxian County, Hunan]

Changjiang Electric Power announced that the board of directors agreed that Hunan Youxian Pumped Storage Co., Ltd. will invest in the construction of the Guanghanping Pumped Storage Power Plant project in Youxian County, Hunan, with a total investment of no more than 10.997 billion yuan, of which the capital accounts for 20% of the total investment.

[ST Network: Signed a strategic cooperation agreement with Chinasoft International]

ST Broadcom announced that it has signed a “Strategic Cooperation Agreement” with Beijing Zhongsoft International Information Technology Co., Ltd., and the two sides will carry out comprehensive and in-depth cooperation on their respective superior resources and core technology. In the field of government and enterprise solutions, comprehensive benchmarking cooperation is carried out around seven key industries, including publicity, culture, big data bureau, discipline supervision, audit and health insurance, fire protection, and tourism. In the field of “Qinling Cloud” computing power, we will deeply empower the “Qinling Cloud” full-stack operation system and jointly build the Qinling Cloud ecosystem. In the field of big data technology, carry out in-depth cooperation in cultural big data business scenarios to jointly expand markets in key industries in the northwest region. In the field of large industry models, establish an enterprise-level model framework, establish a large-scale industry model in the field of government affairs, and carry out joint expansion with enterprise customers and government affairs, energy, manufacturing, promotion and culture industries throughout the province.

[Shuangcheng Pharmaceutical: Intended to sign a technical service contract with the related party Qingpu Biotech]

Shuangcheng Pharmaceutical announced that the company plans to sign a “technical service contract” with the related party Qingpu Biotech. Qingpu Biotech will entrust the company to carry out technical research on the QP002 gel project at the company site, and pay RMB 4.8 million in technical service expenses and compensation. The company accepts the commission to carry out technical service work for the project.

[Dongrui Co., Ltd.: Signed an agreement with Wufeng Bank to sell live pigs to Hong Kong]

Dongrui Co., Ltd. announced that the company and Wufeng Co., Ltd. signed an “Annual Purchase Agreement for Live Pigs to Hong Kong” for the 2024-2025 live pig sales business. The agreement will take effect from July 1, 2024, and will be valid until December 31, 2025. After the expiration date, it can be renewed through negotiation. The signing of the agreement is conducive to consolidating the foundation of cooperation between the two sides, stabilizing and strengthening the export business relationship, and further enhancing the company's competitive advantage.

Increase/decrease holdings & repurchases

[Shenchi Mechatronics: Plans to buy back the company's shares with 50 million yuan to 80 million yuan]

Shenchi Mechatronics announced that it intends to repurchase the company's shares through centralized bidding transactions. The purpose of repurchasing shares is to implement equity incentives or employee stock ownership plans; the total capital to repurchase shares is not less than 50 million yuan, not more than 80 million yuan; the repurchase period is within 12 months from the date the board of directors deliberates and approves the share repurchase plan; the repurchase price shall not exceed 13 yuan/share.

[Shangneng Electric: Plans to repurchase the company's shares for 26 million yuan to 36 million yuan]

Shangneng Electric announced that the company plans to use its own funds to repurchase some of the company's RMB common shares (A shares) through centralized bidding transactions. The shares repurchased this time will be used for an equity incentive plan. The total capital used to repurchase shares is not less than RMB 26 million (inclusive) and not more than RMB 36 million (inclusive). The repurchase price is not more than RMB 36 per share (inclusive). The upper limit of the repurchase price did not exceed 150% of the average trading price of the company's shares in the 30 trading days before the board of directors passed the resolution on this repurchase plan.

Operation & Performance

[SDIC Electric Power: Cumulative completed power generation in the second quarter increased 14.63% year-on-year]

SDIC Power announced that from April to June, the company's domestic holding enterprises completed a cumulative total of 37.822 billion kilowatt-hours of power generation and 36.813 billion kilowatt-hours of feed-in electricity, an increase of 14.63% and 15.25%, respectively. From January to June, the company's domestic holding enterprises completed a total of 77.364 billion kilowatt-hours of power generation and 75.26 billion kilowatt-hours of feed-in electricity, an increase of 8.53% and 8.66%, respectively, over the previous year.

[China Mobile: As of June, the number of 5G network customers was approximately 0.514 billion]

China Mobile announced that as of June 2024, the total number of mobile business customers exceeded 1 billion, with a net increase of 1.816 million customers in June. Of these, the number of 5G network customers is approximately 0.514 billion.

[Chongqing Gas: Net profit of 0.148 billion yuan in the first half of the year decreased 11.15% year over year]

Chongqing Gas released its 2024 semi-annual performance report, achieving total operating income of 4.971 billion yuan, an increase of 0.05% over the previous year; net profit attributable to shareholders of listed companies was 0.148 billion yuan, a year-on-year decrease of 11.15%.

Contract & Project Bid Winning

[Wansheng Smart: Won the bid for 0.247 billion yuan China Southern Power Grid Measurement Product Bidding Project]

Wansheng Intelligence announced that the company won the bid for China Southern Power Grid's first batch of framework bidding projects for measurement products in 2024. The winning materials categories were three-phase smart electric energy meters, single-phase smart energy meters, external circuit breakers (fee control switches) for electric energy meters, broadband carrier communication modules, etc., with a total bid amount of 0.247 billion yuan.

[Shuangliang Energy Saving: Won the bid for 0.217 billion yuan Guoyuan Electric Power Bozhou Power Plant 2×660MW coal power project]

Shuangliang Energy Saving announced that the company recently received the “Notice of Winning Bid” from the bidding agency National Energy Group International Engineering Consulting Co., Ltd. The company won the bid for the direct air cooling and ancillary equipment procurement project for Guoyuan Electric Power Bozhou Power Plant's 2×660MW coal power plant. The winning bid amount was RMB 0.217 billion.

[CNPC Engineering: Subsidiary won $0.397 billion bid for Southeast Oilfield off-station facility project]

CNPC Engineering announced that recently, China Petroleum Engineering & Construction Co., Ltd. (CPECC), a wholly-owned subsidiary of the company, received an award letter from the owner Abu Dhabi National Petroleum Corporation Onshore Company (ADNOC Onshore) for the Southeast Oilfield P5 Facility EPCM Project (Southeast Oilfield Outstation Facility Project for short). The project involved a contract amount of about 0.397 billion US dollars (about 2.821 billion yuan). If the project is formally signed and successfully implemented, it will have a positive impact on the company's revenue and total profit for the next 4 years.

[Research Institute: The company plans to sign a project EPC contract with a consortium of related parties]

The Research Institute announced that the company plans to sign an EPC contract for the project with a consortium of related parties. Recently, the company signed a “Tripartite Agreement on the Outline Transfer of Rights and Obligations” with Henan Yushen Expressway Co., Ltd. and the Yushen Project Department of Henan Communications Investment Group Co., Ltd. Yushen Company transferred the rights and obligations in a series of contracts such as the “Anyang to Luoshan Expressway Luoshan Expressway Section Survey and Design Contract Agreement” originally signed with the company to the Yushen Project Department of the Trading Group. The relevant contract amount is approximately $33.56 million. Furthermore, due to the construction needs of the first phase of the Henan Engineering Design Science and Technology Innovation Industrial Park project, the company conducted a public tender for the first phase of the project through general contracting for design and construction. The consortium formed by China Construction Third Bureau Group Co., Ltd., Zhongyun International Engineering Co., Ltd., and Henan Traffic Control Construction Engineering Co., Ltd. finally won the bid for the first phase of the project (EPC General Contract) project. According to the contract agreement and related estimates, the contract amount shared by Zhongyun International was about 6.8208 million yuan, and the contract amount shared by CCC Construction was about 55 million yuan.

[Anhui New Media: Won the bid for the “Anhui Province Government Procurement of Free Textbooks for Compulsory Education in Autumn 2024 to Spring 2027” project]

Anhui New Media announced that the company recently received a “Notice of Transaction” issued by the Anhui Provincial Government Procurement Center, confirming that the company is a transaction supplier for the “Free Textbook Government Procurement for Compulsory Education in Anhui Province from Fall 2024 to Spring 2027” project. The first natural year contract budget was $0.79 billion.

Financing & fixed growth

[Energy-saving wind power: Proposed public issuance of corporate bonds of no more than 2 billion yuan]

Energy-saving wind power announcement. The proposed public issuance of corporate bonds shall not exceed RMB 2 billion (including 2 billion yuan). The specific scale of issuance is requested to the board of directors and authorized persons authorized by the company's shareholders' meeting to authorize the board of directors and its authorized persons

Stock price changes

[Double board Shuangle Co., Ltd.: Recently, the company's production and operation situation is normal]

Shuangle Co., Ltd. announced abnormal fluctuations in stock trading. Recently, the company's production and operation conditions are normal, and there have been no major changes in the internal and external business environment. The company, controlling shareholders, and actual controllers have no important matters relating to the Company that should be disclosed but not disclosed, or that are in the planning stage.

[Jinghua Laser: There have been no major changes in the current daily business situation]

Jinghua Laser issued a change announcement. Currently, the company's daily production and operation activities are normal, there have been no major changes in the daily business situation, there are no major matters affecting abnormal fluctuations in stock trading prices, and there is no major information that should be disclosed but not disclosed.

[2 consecutive shares to positive shares: Currently, all production and operation activities are normal, and there are no important matters that should be disclosed but not disclosed]

Zhizheng Co., Ltd. issued a change announcement. After the company's own inspection, the company's production and operation activities are all normal. There have been no major adjustments to the market environment or industry policies, production costs and sales conditions have not fluctuated greatly, and the internal production and operation order is normal. After self-inspection by the company, it was confirmed by letter and verification to the controlling shareholder and actual controller of the company, as of the disclosure date of the announcement, it was confirmed that there were no important matters or important information that should have been disclosed but not disclosed.

other

[Superstar Agriculture and Animal Husbandry: Hebang Group forms a short-term deal due to misoperation]

Superstar Agriculture and Animal Husbandry announced that the company recently received a notice from shareholders holding more than 5% of the shares and Bang Group. It learned that Hebang Group traded the company's shares through centralized bidding transactions on April 19, 2024. Due to an operation error, the “sell” order was misoperated as a “buy” order and mistakenly bought 7,700 shares of the company's shares, which constituted a short-term transaction. This short-term transaction resulted in a loss of 159 yuan. Hebang Group is fully aware of the seriousness of this irregularity, and will draw on the lessons of this short-term trading incident to urge relevant staff to strengthen laws and regulations to strictly regulate stock trading and operate prudently.

[Huahai Pharmaceutical: Subsidiary Changxing Pharmaceutical obtained drug registration certificate for levetiracetam oral solution]

Huahai Pharmaceutical announced that its subsidiary Changxing Pharmaceutical recently received a “Drug Registration Certificate” for levetiracetam oral solution approved and issued by the State Drug Administration. Levetiracetam oral solution is mainly used for adjuvant treatment of partial seizures in adults, children, and children with epilepsy older than 1 month.