“Science and Technology Innovation Board Daily”, August 16 — The main contents of today's Science and Technology Innovation Board evening report include: Huahai Qingke plans to invest no more than 1.698 billion yuan to build an integrated circuit equipment R&D and manufacturing base in Shanghai; Shijia Photonics's net profit of 11.9563 million yuan in the first half of the year increased 167.47% year on year; and Haohai Shengke plans to buy back shares by 0.1 billion yuan to 0.2 billion yuan.

[Focus on hot topics]

Newsletters:

Second-round car trade-in policy rules officially introduced to double subsidies

Seven departments including the Ministry of Commerce issued the “Notice on Further Accomplishing Automobile Trade-In Work”. Specifically, the subsidy standard has been raised drastically this time. In terms of vehicle scrapping and renewal, the subsidy standard was raised from the original subsidy of 0.01 million yuan for the purchase of new energy passenger vehicles and 7,000 yuan for the purchase of fuel passenger cars to 0.02 million yuan and 15,000 yuan respectively, all of which have more than doubled. In addition to end-of-life renewal, this policy also includes replacement and renewal in the scope of the subsidy. The state directly arranges funds for ultra-long-term special treasury bonds with local authorities to support local authorities to independently carry out replacement and renewal.

Shanghai: Jointly with Yangtze River Delta cities to build the country's first low-altitude inter-provincial navigable cities by 2027

Shanghai issued the “Shanghai Action Plan for High-Quality Development of Low-Altitude Economy Industries (2024-2027)”. Among them, it was mentioned that by 2027, a complete industrial system for R&D and design, assembly manufacturing, airworthiness testing, and commercial application of new low-altitude aircraft will be established to create a highland of innovation, commercial application, and operation service in Shanghai. The core industry scale will reach more than 50 billion yuan, leading the way in the innovation and development of the global low-altitude economy. Join the Yangtze River Delta cities to build the first batch of low-altitude inter-provincial navigation cities in the country, build a national comprehensive demonstration zone for the low-altitude economy and industry, and accelerate the construction of an internationally influential “Sky City”. Support the landing and development of more than 10 leading enterprises in R&D and manufacturing of electric vertical take-off and landing aircraft, industrial-grade drones and new energy general aviation aircraft, cultivate about 20 leading low-altitude operation service enterprises and 3-5 industry-leading airworthiness forensics technology service agencies, gather more than 100 key supporting enterprises, and build a whole industry chain of R&D and manufacturing, airworthiness forensics, flight services, and scenario applications.

Jiangsu explores vehicle network interaction in the field of new energy buses

In Changzhou City, Jiangsu Province, a pilot project focusing on the integration and interaction of new energy bus charging mechanisms with the power grid has recently started. This will not only add new strength to the power grid to cut peaks and fill valleys and welcome peak summer electricity supply, but will also help further large-scale application of vehicle network interaction. Vehicle network interaction means that new energy vehicles interact with the power grid through charging piles, such as erroneous peak charging, reverse power supply to the power grid, etc., to reduce costs and increase efficiency and support the stable operation of the power grid.

Shanghai applied for the first time for an imported drug without registration for domestic marketing

At the Hongqiao Campus of Huashan Hospital affiliated to Fudan University, Ms. Sun, a 34-year-old acromegaly patient, used a clinically urgently needed drug without registration in China, parecotide. This is also the first time that Shanghai has successfully imported clinically urgently needed drugs without registration in China in accordance with the “Work Plan for the Temporary Import of Clinically Urgent Drugs” issued by the state. “Breaking the ice” this time will also bring hope in the future for rare diseases and other critically ill patients for which there are no effective treatments in the city.

The Shanghai Stock Exchange issued the “Implementation Rules on the Offline Issuance of Initial Public Offering of Shares in the Shanghai Market (2024 Revision)” to increase the requirement to hold the market value of the Science and Technology Innovation Board

The Shanghai Stock Exchange issued the “Implementation Rules on the Offline Issuance of Initial Public Offering of Shares in the Shanghai Market (2024 Revision)”. This revision mainly requires investors to participate in the online distribution business of the Science and Technology Innovation Board, and has increased the requirement to hold the market value of the Science and Technology Innovation Board. As of October 1, 2024, offline investors and their managed placements participate in the offline issuance of new shares on the Science and Technology Innovation Board. In addition to meeting the current market capitalization threshold requirements, the lead underwriter shall also require that the total market value of the total market value of non-restricted A-share shares and unrestricted depository certificates held 20 trading days (including the reference date) before the reference date (two trading days before the initial inquiry begins) is at least 6 million yuan (inclusive).

Depth:

The new regulations benefit the Science and Technology Innovation Board! To open new products offline on the Science and Technology Innovation Board, you need to hold 6 million yuan of science and innovation stocks. You can only open new ones if you have a bottom position

KnowledgeNet issued a 28-page infringement notice Secret Tower: Confused, not understanding, but respectful

The sword points to the low-altitude economic communication terminal, Shanghai proposed a “star and earth integration” plan: 5.5G is the main satellite as a supplement

[Science and Technology Innovation Board Company]

Wandes: Director Gong Jianrui was released on bail awaiting trial due to the Matai Ditch project accident

Wandes announced that due to the Mataigou project accident, the Ordos Ejinholoqi Public Security Bureau decided to release Gong Jianrui, the company's director, deputy general manager, and core technician, on bail. The period will begin on August 15, 2024, and the case will be referred to the Yijinholoqi People's Procuratorate for examination and prosecution. At present, the Ma Tai Hou project has basically completed the drawing redesign and corresponding review work. Preparations are being made to carry out various preliminary construction procedures, and all parties are making every effort to resume work on the project.

Huahai Qingke: Plans to invest no more than 1.698 billion yuan to build an integrated circuit equipment R&D and manufacturing base in Shanghai

Huahai Qingke announced that on August 16, the company held the fourth meeting of the second board of directors and the third meeting of the second board of supervisors to review and pass the proposal to invest in the construction of an integrated circuit equipment R&D and manufacturing base in Shanghai. The total planned investment of the project is not more than 1697.81 million yuan, which is funded by the company and its wholly-owned subsidiary Huahai Qingke (Shanghai) Semiconductor Co., Ltd. The project construction period is expected to be 24 months. The company said that this project will further expand the company's production and operation scale, enhance technology research and development capabilities, and enhance the company's core competitiveness.

Shijia Photonics: Net profit of 11.9563 million yuan in the first half of the year increased 167.47% year-on-year

Shijia Photonics released its 2024 semi-annual report. During the reporting period, the company's revenue was 0.449 billion yuan, an increase of 36.07% over the previous year. Net profit attributable to shareholders of listed companies was 11.9563 million yuan, an increase of 167.47% year over year. The company said that the increase in revenue was mainly due to actively grasping market demand under changes in the application of AI technology and expanding the downstream market. The increase in net profit is mainly due to the company's efforts to reduce costs and increase efficiency, enhance its ability to fine control R&D costs, improve product yield, and reduce product costs.

Haohai Biotech: Plans to repurchase shares for 0.1 billion yuan to 0.2 billion yuan

Haohai Biotech announced that the company plans to use 0.1 billion yuan to repurchase shares for employee stock ownership plans or equity incentives. The repurchase price is no more than 89.71 yuan/share.

On the same day, Haohai Biotech released its 2024 semi-annual report. During the reporting period, the company achieved operating income of 1,404,443,712.82 yuan, an increase of 6.97% over the previous year; net profit attributable to shareholders of listed companies was 235,283,704.91 yuan, an increase of 14.64% over the previous year. The company plans to distribute a cash dividend of RMB 4.00 (tax included) to all shareholders for every 10 shares. The profit distribution will not give bonus shares, and the capital will not be increased from the capital reserve fund.

Hangya Technology: Shareholders plan to reduce their total holdings of the company by no more than 1%

Hangya Technology announced that the shareholder Yili Suxin Investment Fund Partnership (limited partnership) holds a total of 5.1688% of the company's shares, and Nanjing Daofeng Investment Management Center (general partnership) holds a total of 5.1688% of the company's shares and plans to reduce the total shares of the company by no more than 2.5838 million shares through centralized bidding transactions, that is, no more than 1% of the company's total share capital. The shareholders mentioned above are acting in concert.

Rongchang Biotech: Net loss of 0.78 billion yuan for the first half year of 2024

Rongchang Biotech released its 2024 semi-annual report. Revenue for the first half of the year was 0.742 billion yuan, an increase of 75.59% over the previous year, and a net loss of 0.78 billion yuan.

Dior Micro: Shareholders plan to reduce their holdings of the company by no more than 1%

Diorwei announced that the shareholder Beijing Woyan Capital Management Center (limited partnership) - Shanghai Woyan Venture Capital Partnership (limited partnership) and its co-actors, Beijing Woyan Capital Management Center (limited partnership) - Suzhou Wojie Equity Investment Partnership (limited partnership), hold a total of 6.98% of the company's shares. The plan is to reduce holdings by no more than 2.522 million shares, with a total reduction ratio of no more than 1% of the company's total shares.

NaryRadar: Net profit of 5.8891 million yuan in the first half of the year decreased by 69.60% year on year

Nanri Radar released its 2024 semi-annual report. During the reporting period, the company achieved operating income of 72,776,675.97 yuan, an increase of 0.84% over the previous year, and net profit attributable to shareholders of listed companies of 5,889,147.28 yuan, a year-on-year decrease of 69.60%.

Chippeng: Net profit of 43.9241 million yuan in the first half of the year decreased 8.64% year over year

Chipcom released its 2024 semi-annual report. During the reporting period, the company achieved revenue of 0.453 billion yuan, an increase of 17.96% over the previous year. Net profit attributable to shareholders of listed companies was 43.9241 million yuan, a year-on-year decrease of 8.64%.

800 million time and space: net profit of 49.715 million yuan in the first half of 2024 fell 7.42% year on year

800 Million Spaces released its 2024 semi-annual report. The company achieved operating income of 0.375 billion yuan in the first half of the year, a year-on-year decrease of 7.87%; net profit attributable to shareholders of listed companies was 49.715 million yuan, a year-on-year decrease of 7.42%.

Aisen Co., Ltd.: Net profit for the first half of the year increased 23.57% year-on-year, and plans to pay 10 0.45 yuan

Aisen Co., Ltd. announced that it achieved operating income of 0.186 billion yuan in the first half of the year, an increase of 20.63% over the previous year; net profit attributable to shareholders of listed companies was 13.7395 million yuan, an increase of 23.57% over the previous year. It is proposed to distribute a cash dividend of 0.45 yuan (tax included) for every 10 shares to all shareholders.

Sanwei Xinan: Plans to establish a wholly-owned subsidiary in Singapore with 10 million US dollars

Sanwei Xinan announced that the company held the 7th meeting of the 2nd board of directors on August 16, 2024. The meeting reviewed and passed the “Proposal on Establishing a Wholly-owned Subsidiary in Singapore”. Based on the company's strategy and development layout, in order to better enhance the company's ability to expand overseas markets, the company plans to use its own capital of 10 million US dollars (subject to actual approval by relevant approval agencies) to establish a wholly-owned subsidiary in Singapore.

Huahai Qingke: Net profit increased 15.65% year-on-year in the first half of the year

Huahai Qingke released its semi-annual report. During the reporting period, the company achieved operating income of 1.497 billion yuan, an increase of 21.23% over the previous year; net profit attributable to shareholders of listed companies was 0.43 billion yuan, an increase of 15.65% over the previous year.

[Review News]

Pioneer Precision Science and Technology Innovation Board IPO Meeting

As of press release, a total of 943 companies' applications for listing on the Science and Technology Innovation Board have been accepted. Today, 1 company's development status was updated, and the Pioneer Precision Science and Technology Innovation Board IPO was held.

[Venture capital weather vane]

Galaxy General Robotics's latest round valuation of 0.425 billion dollars

After a new round of financing, the latest valuation of the smart startup Galaxy GM is USD 0.425 billion. Earlier, on July 19, Hong Kong Investment Management Co., Ltd. officially announced its investment in Galaxy General Robotics; in June, the company announced that it had received over 0.7 billion yuan in angel round financing. Investors include strategic and industrial investors such as Meituan Investment, BAIC Investment, Shangtang Guoxiang Capital, and iFLY Venture Capital, as well as leading financial institutions such as Qiming Venture Capital, Lanchi Venture Capital, Jingwei Venture Capital, and IDG Capital.

Established Airlines completed a B+ round of financing of over 100 million yuan

Recently, Aviation Co., Ltd. was established to complete the B+ round of financing of over 100 million yuan. The investor in this round is Guoxin Fund. This round of financing will be used for the company's business expansion and technology research and development. Established Aviation is an enterprise focusing on R&D and manufacturing of key aerospace components. It has rich technical experience and advanced production testing equipment. Previously, Founding Airlines also completed Angel Round, Series A, Series A+, and Series B financing.