Focus on today.

Contemporary Amperex Technology: Net profit in the third quarter was 13.136 billion yuan, a year-on-year increase of 25.97%.

Contemporary Amperex Technology released its third-quarter report. The company achieved operating income of 259.045 billion yuan in the first three quarters, a year-on-year decrease of 12.09%; net profit was 36.001 billion yuan, a year-on-year increase of 15.59%. In the third quarter, operating income was 92.278 billion yuan, a year-on-year decrease of 12.48%, net profit was 13.136 billion yuan, a year-on-year increase of 25.97%.

iFlytek Co.,Ltd.: Net profit in the third quarter of 2024 was 56.9614 million yuan, a year-on-year increase of 120.87%.

iFlytek Co.,Ltd. announced that it achieved operating income of 14.849 billion yuan in the first three quarters, a year-on-year increase of 17.73%; net profit attributable to shareholders of listed companies was a loss of 0.344 billion yuan. In the third quarter, operating income was 5.525 billion yuan, a year-on-year increase of 15.77%; net profit attributable to shareholders of listed companies was 56.9614 million yuan, a year-on-year increase of 120.87%. While increasing its investment in research and development of the Starlight Grand Model and layout, the company achieved profitability in the quarter.

Zijin Mining Group: Net profit in the first three quarters was 24.357 billion yuan, a year-on-year increase of 50.68%.

Zijin Mining Group disclosed its third quarter report, achieving revenue of 230.396 billion yuan in the first three quarters of 2024, a year-on-year growth of 2.39%; net income attributable to the parent company was 24.357 billion yuan, a year-on-year growth of 50.68%; basic earnings per share were 0.923 yuan. During the reporting period, the company's main mineral production increased, costs were effectively controlled; at the same time, the company's ability to judge the metal market further improved, fully benefiting from the income brought by the rise in metal prices.

Pientzehuang Pharmaceutical: Net profit for the first three quarters was 2.687 billion yuan, a year-on-year increase of 11.73%.

Pientzehuang Pharmaceutical disclosed its third quarter report, achieving revenue of 8.45 billion yuan in the first three quarters of 2024, a year-on-year growth of 11.19%; net profit was 2.687 billion yuan, a year-on-year growth of 11.73%; basic earnings per share were 4.45 yuan.

Zhejiang Huayou Cobalt: Net profit for the first three quarters increased by 0.24% year-on-year.

Zhejiang Huayou Cobalt released its third quarter report for 2024, achieving operating income of 45.488 billion yuan in the first three quarters, a year-on-year decrease of 10.97%; net profit was 3.02 billion yuan, a year-on-year increase of 0.24%. In the third quarter alone, operating income was 15.438 billion yuan, a year-on-year decrease of 13%; net profit was 1.35 billion yuan, a year-on-year increase of 45.42%. The company stated that the performance growth was mainly due to the gradual production and standardization achievement of the upstream nickel resource development project and the manifestation of the effectiveness of the integrated industrial operation strategy.

CIMC Group: Net profit for the third quarter is expected to increase by 708% to 1069% year-on-year.

CIMC Group released a performance forecast for the first three quarters of 2024, with an expected net profit of 1.65 billion yuan to 2 billion yuan for the first three quarters, an increase of 233% to 304% year-on-year compared to the same period last year; it is expected to achieve a net profit of 0.784 billion yuan to -1.134 billion yuan in the third quarter, a year-on-year increase of 708% to 1069%. The performance growth is mainly attributed to the strong demand in the container manufacturing industry, a significant year-on-year increase in standard dry cargo container sales volume, benefits from the improvement in market demand for marine-related industries, and an increase in revenue and net profit compared to the same period last year. Meanwhile, non-recurring profit and loss items are expected to improve significantly compared to the same period last year.

CIG Shanghai: Net profit for the first three quarters was 0.152 billion yuan, a year-on-year increase of 26.15%.

Cig Shanghai announced that it achieved revenue of 2.764 billion yuan in the first three quarters, an 18.60% year-on-year increase; net income of 0.152 billion yuan, a 26.15% year-on-year increase. Among them, the revenue in the third quarter was 1.001 billion yuan, a 69.53% year-on-year increase. During the reporting period, the company's operating profit and net profit both increased, mainly due to the increase in demand from overseas customers compared to the same period last year, leading to an increase in sales and shipments.

Ping An Bank: Net income for the first three quarters was 39.729 billion yuan, a 0.2% year-on-year increase.

Ping An Bank released its third quarter report, achieving revenue of 111.582 billion yuan in the first three quarters of 2024, a 12.6% year-on-year decrease; net income attributable to equity shareholders was 39.729 billion yuan, a 0.2% year-on-year increase.

Shanghai Weihong Electronic Technology: Net income in the third quarter increased by 3899.46% compared to the same period.

Shanghai Weihong Electronic Technology released the third quarter report for 2024. During the reporting period, the company achieved revenue of 0.108 billion yuan, a 1.01% year-on-year increase; net profit attributable to shareholders of the listed company was 41.9643 million yuan, a 3899.46% year-on-year increase. Note: Net profit in Q2 was 25.6663 million yuan. Based on this calculation, net profit in Q3 increased by 63.50% compared to Q2.

SPIC Industry-Finance Holdings: Intends to issue shares to acquire the controlling rights of China Power Investment Nuclear Energy Limited and resume trading of shares

SPIC Industry-Finance Holdings announced that the company is planning a major asset restructuring, intending to purchase the controlling rights of China Power Investment Nuclear Energy Limited by issuing shares, while divesting the controlling rights of State Power Investment Corporation. The company will raise supplementary funds based on specific circumstances. This transaction is expected to constitute a major asset restructuring and related party transaction, without changing the actual controller of the company. The company's stock will resume trading from October 21, 2024.

SPIC Yuanda Environmental-Protection: Plans to acquire 100% equity of Wuling Electric Power and 64.93% equity of Changzhou Hydropower

spic yuanda environmental-protection disclosed a major asset restructuring plan, the company intends to acquire 100% equity of Wuling Electric Power Co., Ltd. (referred to as "Wuling Electric Power") and 64.93% equity of Guangxi Changzhou Hydroelectric Development Co., Ltd. (referred to as "Changzhou Hydroelectric") through the issuance of shares and cash payment, and raise supporting funds. The target asset appraisal value and transaction price have not been determined. After this transaction, the company's main business will add hydropower generation and comprehensive development and operation of new energy integrated with basin hydroelectric power stations; the controlling shareholder of the company will change from State Power Investment Corporation to China Power International Development Limited, with the ultimate controller remaining as State Power Investment Corporation. The company's stocks will resume trading on October 21st.

Hunan Goke Microelectronics: The National Big Fund plans to reduce its shareholding by no more than 3%.

Hunan Goke Microelectronics announced that the shareholder National Integrated Circuit Industry Investment Fund Co., Ltd., holding more than 5% of the shares, plans to reduce its shareholding by no more than 6.4802 million shares, or no more than 3% of the total share capital. The reason for the reduction is the fund's need to exit.

Sichuan Golden Summit: Five consecutive trading halts. The company's stock price has fluctuated significantly, with risks of market sentiment overheating and irrational speculation.

Sichuan Golden Summit announced that its stock price rose by a cumulative total of 69.04% in six consecutive trading days from October 11th to October 18th, while the Shanghai Stock Exchange Composite Index rose by 1.22% during the same period. The company's stock price increase significantly exceeded that of the Shanghai Stock Exchange Composite Index during the same period. The company achieved a net profit attributable to shareholders of listed companies of -11.1623 million yuan in the first half of 2024, which changed from positive to negative compared to the same period last year. On October 18th, the turnover rate of the company's stock was 49.40%. The cumulative turnover rate of the company's stock in the most recent six trading days was 163.74%, with a daily turnover rate of 27.29%, a cumulative turnover of 4.47 billion yuan, and a daily turnover rate over the past 12 months of 9.47%. Compared with the past, the cumulative turnover rate, daily turnover rate, and cumulative turnover of the most recent six trading days are significantly higher than the previous levels. The company's stock trading is active, with large price fluctuations, indicating risks of market sentiment overheating and irrational speculation. Investors are advised to pay attention to the risks of secondary market trading, make rational decisions, and invest cautiously.

Sichuan Changhong Electric: Three consecutive trading halts. The company's stock price has experienced a significant short-term increase, possibly due to irrational speculation.

Sichuan Changhong Electric issued a stock trading risk warning announcement. On October 18, 2024, the company's stock price once again hit the limit up. Due to the significant short-term increase in the company's stock price, there may be irrational speculation.

Continuous Trading Suspension: Kewell Technology Halted for Two Consecutive Days. Realized a loss in 2023, the first year of loss since going public.

Kaiwang Technology issued an abnormal announcement. After verification, there is no need to correct or supplement the information disclosed by the company in the previous period; there have been no significant changes in the recent operations and internal and external operating environment of the company; there are no significant matters that should be disclosed but have not been disclosed or are in the planning stage involving the company, controlling shareholders, and actual controllers; the controlling shareholders and actual controllers did not engage in trading the company's stocks during the abnormal fluctuations in stock trading; the company did not violate other provisions of fair information disclosure requirements. The loss in 2023 is the first year of loss after its listing.

Haid Group: Intends to use up to 10 billion yuan of idle internal funds for entrusted financial management.

Guangdong Haid Group announcement, the company intends to use up to 10 billion yuan of idle self-owned funds for entrusted wealth management, investing in low-risk products with high security and good liquidity.

Muyuan Foods: Plans to initiate the first buyback of 2.4038 million shares.

Muyuan Foods announced that on October 18, 2024, the company first implemented the repurchase of 2.4038 million shares through a designated securities account for stock repurchases in a centralized bidding manner, accounting for 0.04% of the company's current total share capital, with a total transaction amount of 0.1 billion yuan (excluding transaction costs).

Investment & Signing

Sichuan Goke Microelectronics: Intends to invest no more than $40 million to establish a production base in Thailand.

Weikai Precision announcement, the company plans to use its own funds and self-raised funds, through its wholly-owned subsidiary Singapore Weikai to invest up to 40 million US dollars in its subsidiary Thailand Weikai, for the purpose of establishing a production base in Thailand, including but not limited to the purchase of land, construction of fixed assets and other related matters.

Joyson Electronics: Intends to continue increasing shareholding in Senssun Weighing Apparatus to obtain its controlling stake.

Ningbo Joyson Electronic Corp. announcement, the company has increased its holdings of Guangdong Senssun Weighing Apparatus stocks through the method allowed by the Shenzhen Stock Exchange system. As of the disclosure date of the announcement, the company holds 26.4152 million shares of Guangdong Senssun Weighing Apparatus, accounting for 20.0001% of its total share capital, making it the largest shareholder of Guangdong Senssun Weighing Apparatus. The company will continue to increase its holdings of Guangdong Senssun Weighing Apparatus in ways permitted by laws and regulations according to market conditions, and intends to eventually acquire control of Guangdong Senssun Weighing Apparatus.

Equity Changes

Lifecome Biochemistry: Changxin II intends to transfer 5% of the company's shares by agreement.

Lifecome Biochemistry announcement, shareholder Changxin II intends to transfer 7.7708 million shares held by the company to Baixing Real Estate, accounting for 5.00% of the total share capital.

Zhejiang Tiantie Industry: Controlling shareholders changed to Xu Jiding and Xu Kongbin.

Zhejiang Tiantie Industry announced that the company's controlling shareholder and actual controller, Wang Meiyu, Xu Jiding, Xu Kongbin, and their concerted action parties Xu Yinbin, Tang Kai, Cao Zhanglin, signed a "Share Transfer Agreement" with Angze Fund and Hutong Fund. Wang Meiyu transferred 5.0890% of the company's shares to Angze Fund, while Wang Meiyu, Xu Kongbin, and Xu Yinbin transferred 3.3195%, 1.1925%, and 0.5268% of the company's shares to Hutong Fund respectively. After this transaction is completed, the company's controlling shareholder and actual controller will change from Wang Meiyu, Xu Jiding, and Xu Kongbin to Xu Jiding and Xu Kongbin.

Increase or Decrease of Shareholding & Share Repurchase

Zhuhai Huafa Properties: The Chairman of the Board of Directors proposes to repurchase company shares totaling between 0.3 billion and -0.6 billion yuan.

Zhuhai Huafa Properties announced that the Chairman of the Board of Directors, Li Guangning, proposed a share repurchase by the company for the purpose of employee shareholding plan or stock-based incentive. The total repurchase amount will not be less than 0.3 billion yuan and not exceed 0.6 billion yuan.

China Shenhua Energy: The holding shareholder increased the amount of holdings to 0.365 billion yuan.

China Shenhua Energy announced that as of October 18, 2024, the holding shareholder, State Energy Group, through its wholly-owned subsidiary Capital Holdings, has cumulatively increased its holdings of the company's A shares by 11.5935 million shares through centralized bidding trading method, accounting for 0.0584% of the total number of shares issued by the company. The cumulative amount of the increase is 0.365 billion yuan, accounting for 73.06% of the lower limit of the increase plan amount. After the implementation of the increase plan, State Energy Group will directly and indirectly hold 13.824 billion shares of the company's A shares, accounting for 69.5789% of the total number of shares issued by the company.

Operation & Performance

S.F. Holding: In September, the operating income of the express logistics business increased by 4.75% year-on-year.

S.F. Holding announced that the operating income of the express logistics business for September 2024 was 18.26 billion yuan, a year-on-year increase of 4.75%; the business volume was 1.141 billion pieces, a year-on-year increase of 12.64%; and the unit revenue was 16.00 yuan, a year-on-year decrease of 7.03%.

sto express co.,ltd.: In September, the express service business revenue increased by 16.91% year-on-year.

Announcement from sto express co.,ltd.: In September 2024, the company's express service business revenue was 4.033 billion yuan, a year-on-year increase of 16.91%; completed business volume of 1.998 billion tickets, a year-on-year increase of 21.93%; express service single ticket revenue was 2.02 yuan, a year-on-year decrease of 4.27%.

yto express group: In September, the express product revenue increased by 19.57% year-on-year.

Announcement from yto express group: In September 2024, the express product revenue was 5.047 billion yuan, a year-on-year increase of 19.57%; business completion volume was 2.312 billion tickets, a year-on-year increase of 28.03%; express product single ticket revenue was 2.18 yuan, a year-on-year decrease of 6.61%.

hunan goke microelectronics: Net income in the first three quarters was 3.4229 million yuan, a year-on-year decrease of 89.35%.

New Horizon Micro released the third quarter report of 2024, with the company achieving revenue of 0.343 billion yuan for the first three quarters, a year-on-year decrease of 2.23%; the net income attributable to shareholders of the listed company was 3.4229 million yuan, a year-on-year decrease of 89.35%. In the third quarter, revenue was 0.112 billion yuan, a year-on-year decrease of 14.98%; net income attributable to shareholders of the listed company was 6.79 million yuan. During the reporting period, the decrease in net income was mainly due to the severe competition in the semiconductor display industry, with the sales prices of some products in the consumer electronics sector facing pressure, leading to a decrease in gross margin.

qingdao sentury tire: Net profit in the third quarter was 0.648 billion yuan, a year-on-year increase of 67.48%.

Qingdao Sentury Tire released the third-quarter report of 2024. During the reporting period, the company achieved a revenue of 2.23 billion yuan, a year-on-year increase of 1.13%; the net income attributable to shareholders of the listed company was 0.648 billion yuan, a year-on-year increase of 67.48%.

Contract & Project Bid

DHC Software: Wins the bid for the 'Intelligent Computing Platform' project worth 0.242 billion yuan.

DHC Software announced that the company recently received the bid-winning notice for the 'Intelligent Computing Platform' project, with a bid price of 0.242 billion yuan. The project was tendered by Suzhou Big Data Group Co., Ltd., with the company being the winning bidder.

Huakang Medical: Wins the bid for the 57.0271 million yuan project at Wuhua District People's Hospital.

Huakang Medical announced that the company recently received the 'Notification of Winning Bid' from Yunnan Yuxin Bidding Agency Co., Ltd. confirming the company as the winning supplier for the 'Purification Engineering Section 2 of Wuhua District People's Hospital and Wuhua District Health and Wellness Center Construction Project.' The bid amount is 57.02705519 million yuan, accounting for 3.56% of the company's audited revenue in 2023. If the formal contract for this project is signed and smoothly implemented, it is expected to have a positive impact on the company's future annual net income.

Other products

CITIC Securities: Receives the reply letter from the China Securities Regulatory Commission to participate in the convenience swap business.

Citic Sec announcement, the company has received a reply from the China Securities Regulatory Commission, and has no objections to the company's participation in the convenient exchange (SFISF).

Zhongtai Securities: Receives the reply letter from the China Securities Regulatory Commission with no objection to participating in the convenience swap business.

Zhongtai Securities announcement, the company recently received a reply letter from the China Securities Regulatory Commission, with no objections to the company's participation in the swap convenience (SFISF).

BYD Company Limited: Plans to launch an employee stock ownership plan in 2024.

byd company limited announces the 2024 employee stock ownership plan (draft), with participants including middle-level managers and core staff of byd group, with a total of no more than 150 people. The total number of plan shares does not exceed 0.22 billion shares, with a total amount of funds not exceeding 0.22 billion yuan, sourced from legal employee compensation and self-raised funds.

China Shenhua Energy: The fourth unit of the second phase of the Huizhou project passed 168 hours of trial operation.

China Shenhua Energy announced that its wholly-owned subsidiary Guoneng (Huizhou) Cogeneration Co., Ltd. second phase 2×400MW gas-fired cogeneration unit project ("Huizhou Phase II")'s fourth unit (including 1 gas turbine generator and 1 steam turbine generator, with a total installed capacity of 500MW) successfully completed 168 hours of continuous full-load trial operation and officially entered commercial operation. With this, both sets of units (total installed capacity of 1000MW) of the Huizhou Phase II project have been fully completed and put into operation.

Youcare Pharmaceutical Group: Cefmetazole Sodium for Injection passes generic drug consistency evaluation.

Youcare Pharmaceutical Group announced that it has received the Drug Supplement Application Approval Notice for Cefmetazole Sodium for Injection (Specs: 0.5g) issued by the National Medical Products Administration, indicating that the drug has passed the generic drug quality and efficacy consistency evaluation. Cefmetazole sodium for injection is mainly used to treat infections caused by sensitive Staphylococcus aureus, Escherichia coli, Klebsiella pneumoniae, Pseudomonas aeruginosa, Morganella morganii, Providencia stuartii, Enterococcus spp., Proteus spp., excluding Serratia spp.

Dong Yi Ri Sheng Home Decoration Group: Received a court decision to initiate pre-restructuring of the company.

Dong Yi Ri Sheng announcement, the company received the "Decision" served by Beijing First Intermediate People's Court on October 18, and Beijing First Intermediate People's Court decided to initiate pre-reorganization of the company.