Wanhua Chemical Group: net income in the third quarter was 3 billion yuan, a 29% year-on-year decrease.
Focus on today.
[Wuxi AppTec: Net income in the first three quarters decreased by 19.11% year-on-year]
Wuxi Apptec announced that it achieved revenue of 27.702 billion yuan in the first three quarters, a year-on-year decrease of 6.23%; net income attributable to shareholders of listed companies was 6.533 billion yuan, a year-on-year decrease of 19.11%.
[Wanhua Chemical Group: Net income in the third quarter was 3 billion yuan, a decrease of 29% year-on-year]
Wanhua Chemical Group released the third quarter report for 2024, achieving revenue of 147.604 billion yuan for the first three quarters, a year-on-year increase of 11.35%; net income was 11.093 billion yuan, a year-on-year decrease of 12.67%. In the third quarter, revenue reached 50.537 billion yuan, a year-on-year increase of 12.48%; net income was 2.919 billion yuan, a year-on-year decrease of 29.41%.
[Foshan Haitian Flavouring and Food: Net income in the first three quarters increased by 11.23% year-on-year]
Foshan Haitian Flavouring and Food announced that the company achieved revenue of 20.399 billion yuan in the first three quarters, a year-on-year increase of 9.38%; net income attributable to shareholders of the listed company was 4.815 billion yuan, a year-on-year increase of 11.23%.
Northeast Securities: Net profit in the third quarter was 0.341 billion yuan, a year-on-year increase of 1059.65%.
Northeast Securities released the third quarter report for 2024, achieving total operating income of 4.543 billion yuan in the first three quarters, a year-on-year decrease of 6.43%; net income of 0.474 billion yuan, a year-on-year decrease of 17.78%; basic earnings per share of 0.20 yuan. In the third quarter specifically, total operating income reached 1.936 billion yuan, a year-on-year increase of 49.76%; net income was 0.341 billion yuan, a year-on-year increase of 1059.65%.
Huguang Auto Harness: Net profit for the first three quarters increased by 2030% year-on-year.
Huguang Auto Harness released its third-quarter report for 2024, achieving operating income of 5.532 billion yuan for the first three quarters, a year-on-year increase of 133.71%; net profit attributable to shareholders of the listed company was 0.438 billion yuan, a year-on-year increase of 2030.18%. The net profit in the third quarter was 0.183 billion yuan, a year-on-year increase of 901.75%.
Crystal Integrated: Net profit for the first three quarters increased by 772% year-on-year.
Jinghe Integrated released the third-quarter report for 2024, achieving revenue of 6.775 billion yuan in the first three quarters, a year-on-year increase of 35.05%; net income of 0.279 billion yuan, a year-on-year increase of 771.94%. In the third quarter, revenue reached 2.377 billion yuan, a year-on-year increase of 16.12%; net income 91.9322 million yuan, a year-on-year increase of 21.60%.
Shenzhen Woer Heat-Shrinkable Material: Net profit in the third quarter increased by 26.10% year-on-year.
Shenzhen Woer Heat-Shrinkable Material released the third quarter report of 2024, with the company achieving revenue of 4.82 billion yuan in the first three quarters, a year-on-year increase of 20.13%; net income attributable to shareholders of the listed company was 0.655 billion yuan, a year-on-year increase of 36.45%. The net income for the third quarter was 0.236 billion yuan, a year-on-year increase of 26.10%.
Baoding Tianwei Baobian Electric: The net income for the first three quarters was 84.3988 million yuan, turning losses into profits on a year-on-year basis.
Baoding Tianwei Baobian Electric announced that the company's revenue in the first three quarters was 3.173 billion yuan, a year-on-year increase of 54.85%; the net income was 84.3988 million yuan, compared to a net loss of 72.7427 million yuan in the same period last year, turning losses into profits year-on-year.
China Southern Airlines: Net profit for the first three quarters increased by 48.86% year-on-year.
China Southern Airlines announced that the revenue in the first three quarters reached 134.661 billion yuan, a year-on-year increase of 12.70%; The net income attributable to shareholders of the listed company was 1.965 billion yuan, a year-on-year increase of 48.86%.
Poly Developments and Holdings Group: Net profit for the third quarter was 0.393 billion yuan, a decrease of 63.31% year-on-year.
Poly Developments and Holdings Group released the third quarter report for 2024. The company achieved a revenue of 182.774 billion yuan in the first three quarters, a year-on-year decrease of 5.06%; net income was 7.813 billion yuan, a year-on-year decrease of 41.23%; basic earnings per share were 0.66 yuan, a year-on-year decrease of 40.79%. In the third quarter, revenue reached 43.525 billion yuan, a year-on-year decrease of 21.62%; net income was 0.393 billion yuan, a year-on-year decrease of 63.31%.
Chongqing Changan Automobile: Net profit for the first three quarters was 3.58 billion yuan, a decrease of 63.78% year-on-year.
Chongqing Changan Automobile released its third quarter report, achieving revenue of 110.96 billion yuan in the first three quarters, a year-on-year increase of 2.54%; a net profit of 3.58 billion yuan, a year-on-year decrease of 63.78%; and an EPS of 0.36 yuan.
Bank of Ningbo: Net profit in the third quarter increased by 10.25% year-on-year.
Bank of Ningbo achieved revenue of 16.316 billion yuan in the third quarter of 2024, an 8.12% year-on-year increase; net income attributable to shareholders of the listed company was 7.058 billion yuan, a 10.25% year-on-year increase. In the first three quarters, the company achieved revenue of 50.753 billion yuan, a 7.45% year-on-year increase; net income attributable to shareholders of the listed company was 20.707 billion yuan, a 7.02% year-on-year increase. Basic earnings per share were 3.08 yuan.
Caihong Display Devices: Net profit in the first three quarters increased by 301.85% year-on-year.
Caihong Display Devices released the third quarter report for 2024, achieving revenue of 9.003 billion yuan in the first three quarters, a year-on-year increase of 4.61%; attributable net profit to the listed company's shareholders was 1.229 billion yuan, a year-on-year increase of 301.85%; and EPS of 0.343 yuan. Revenue in the third quarter was 2.93 billion yuan, a year-on-year decrease of 12.97%; attributable net profit to the listed company's shareholders was 0.313 billion yuan, a year-on-year decrease of 45.61%. From the beginning of the year to the end of the reporting period, the company accelerated the increase in capacity and performance upgrade for large-sized liquid crystal panel products, rapidly promoted the construction, operation, and stable running of the G8.5+ liquid crystal glass substrate production line, actively promoted cost reduction and efficiency improvement, increased revenue, and reduced operating costs.
Cashway Fintech: Net loss of 35.8039 million yuan in the first three quarters of 21 days and 13 boards.
Cashway Fintech announced that the company achieved revenue of 0.257 billion yuan in the first three quarters, a year-on-year decrease of 14.68%; the net income attributable to the shareholders of the listed company was -35.8039 million yuan.
Dongguan Huali Industries, with 12 consecutive trading board days: Proposal to acquire 51% equity of Shangyuan Intelligent in cash approved at the shareholders' meeting.
In an announcement by Huali Industries, the proposal to acquire 51% equity of Suzhou Shangyuan Asia Vets Technology Co., Ltd. with cash was approved at the 3rd interim shareholder meeting in 2024.
Dongguan Huadong Heavy Machinery: Net income in the first three quarters was 33.8336 million yuan, turning losses into profits year-on-year for 15 consecutive days.
Dongguan Huadong Heavy Machinery announced that the company's operating income in the first three quarters was 0.931 billion yuan, an 80.39% year-on-year increase; The net income attributable to shareholders of the listed company was 33.8336 million yuan, turning from a net loss of 81.2692 million yuan in the same period last year to profit year-on-year. The company stated that the performance growth was mainly due to the addition of the solar cell business.
Shandong Huapeng: Company bank accounts frozen, totaling 2.5986 million yuan, boarded for 7 consecutive days.
Shandong Huapeng announced that the company's bank accounts were frozen, with a total frozen amount of 2.5986 million yuan, accounting for 1.29% of the company's most recent audited net assets. This account freezing is due to disputes related to the company's contract with Su Jiayou Engineering and the loan contract dispute with Jinan Shunteng Production and Development Equity Investment General Partnership (Limited Partnership). The company has hired a professional legal team to actively respond and seek legal ways to protect the rights of the company and its shareholders.
Special Treat Jingang: Some directors and senior executives of the company have been taken into custody.
ST Jingang announced that the company received a notice from the public security authorities that, on suspicion of illegal disclosure of important information, the company's Vice Chairman and President Liu Hui, Vice President and CFO Li Ting, former director Bao Chenqin, Vice President Cao Cheng, and former Chairman Xu Jian have been taken into custody. Bao Chenqin, Cao Cheng, and Xu Jian have been released on bail pending trial. The specific details of the case are pending further investigation by the public security authorities. As of the date of the announcement, Cao Cheng is able to perform his duties properly, and the company has made appropriate arrangements for the responsibilities of Liu Hui and Li Ting. The Board of Directors and management are performing their duties in accordance with the law, and these matters will not have a significant impact on the company's daily production and operation.
Investment & Signing
Bojun Industrial Technology: plans to invest 1.5 billion yuan to establish a research and production base for lightweight automotive components.
Jiangsu Bojun Industrial Technology announced that the company plans to sign an "Entry Agreement" with the Management Committee of Wujin National High-Tech Industrial Development Zone, aiming to build a lightweight auto parts research and production base project in Wujin National High-Tech Zone with a total investment of 1.5 billion yuan. The company plans to establish a wholly-owned subsidiary, Changzhou Bojun Auto Parts Co., Ltd. (tentative name), to implement the investment, construction, and operation of the project.
Shenglu Telecommunication Tech.: plans to invest no more than 1 billion yuan to establish a new generation of intelligent communication equipment project.
guangdong shenglu telecommunication tech announcement, the company plans to use its own funds or self-raised funds to invest in and build a new generation of asia vets communications equipment project in Sanshui District, Foshan City, Guangdong Province, with a total investment not exceeding 1 billion yuan. The project construction includes the production plant, offices, and supporting buildings of the new generation of asia vets communications equipment, with an estimated project area of 169 acres.
Three Squirrels Inc.: Wholly-owned subsidiary plans to acquire the snack food brand Love Snacks for no more than 0.2 billion yuan.
Three Squirrels Inc. announcement, the company's wholly-owned subsidiary Anhui A Matter Entrepreneurship Investment Co., Ltd. plans to acquire the controlling rights or related business and assets of Hunan Love Snacks Technology Co., Ltd. (referred to as "Love Snacks") for no more than 0.2 billion yuan; plans to acquire the controlling rights or related business and assets of Future Has Arrived (Tianjin) Technology Development Co., Ltd. (referred to as "Love Discount") for no more than 0.06 billion yuan; plans to acquire the controlling rights or related business and assets of Anhui Zhiyang Food Co., Ltd. (referred to as "Zhi Yang Food") for no more than 0.1 billion yuan.
Xinjiang Sailing Information Technology: plans to acquire 67% equity of Beijing Zicai for 0.131 billion yuan.
Xinjiang Sailing Information Technology announcement, the company plans to use its own funds and self-raised funds of 0.131 billion yuan to acquire a total of 67% equity of Beijing Zicai Information Technology Co., Ltd. owned by six trading partners including Xie Yiren and Wu Wei. The transaction price is based on the evaluation value of Beijing Zicai's equity as of May 31, 2024, and was determined by both parties through negotiation. After the transaction is completed, the company will hold 67% equity of Beijing Zicai, and Beijing Zicai will become a wholly-owned subsidiary of the company. After this transaction, the company's big data service capabilities will extend to the field of communication operators, in line with the company's overall development strategy.
Increase or Decrease of Shareholding & Share Repurchase
Xipoint pharmaceuticals: Shareholders intend to collectively reduce their holdings by no more than 6% of the company's shares.
Xipoint pharmaceuticals announced that shareholders holding more than 5%, including National Investment hi-tech investment Co., Ltd. and its concerted action person Hangzhou Chuanghe Selected Entrepreneurship Investment Partnership (Limited Partnership), collectively hold 5.6286 million shares of the company, accounting for 7.36% of the total share capital. Shareholders holding more than 5%, including Hengqin Dingdian Equity Investment Fund Partnership (Limited Partnership) and its concerted action person Zhuhai Hengqin Runhuiyi Investment Partnership (Limited Partnership), collectively hold 11.4131 million shares of the company, accounting for 14.92% of the total share capital. National Investment hi-tech and Hangzhou Chuanghe plan to reduce their holdings by no more than 2.2947 million shares, i.e., no more than 3% of the total share capital. Hengqin Dingdian and Hengqin Runhuiyi plan to reduce their holdings by no more than 2.2947 million shares, i.e., no more than 3% of the total share capital. The reason for the reduction is their own capital needs, and the method of reduction is through concentrated bidding and bulk trade transactions.
Hualv biotechnology: Shareholders holding more than 5%, Gao Tou Development Plan, intend to reduce their holdings by no more than 5.36%.
Hualv Life Science announced that the company recently received a "Notice of Shareholding Reduction Plan" issued by specific shareholder Gaotou Development. Gaotou Development plans to reduce the company's shares by no more than 6,315,400 shares in total within 3 months after 15 trading days from the disclosure date of this announcement, through centralized auction trading, which is no more than 5.36% of the company's latest total share capital, and no more than 100% of its holdings in the company. The purpose of the shareholding reduction is for shareholder asset integration, capital turnover, and its own business needs. The shareholding reduction price will be determined based on the market price at the time of implementation.
Eastern Airlines Logistics: Shareholder Tianjin Ruiyuan intends to reduce their holdings by no more than 3%.
Eastern Airlines logistics announcement, shareholder Tianjin Ruiyuan Enterprise Management Partnership plans to reduce no more than 15.8756 million shares through centralized bidding trading and no more than 31.7511 million shares through block trading within 3 months after 15 trading days from the announcement date, with a total reduction of no more than 47.6267 million shares, and a total reduction ratio of no more than 3%.
Xinghua New Materials: Propose to repurchase shares between 60 million yuan and -0.1 billion yuan to be used for cancellation.
Xinghua New Materials announcement, the company plans to repurchase shares with its own funds for cancellation and reduce registered capital. The total amount of funds for this repurchase of shares is not less than 60 million yuan and not more than 0.1 billion yuan; the repurchase price does not exceed 29.75 yuan/share (including the number of shares).
Operation & Performance
China Rareearth: Net income in the third quarter was 41.4206 million yuan, a 70.37% year-on-year decrease.
China Rareearth announcement, the revenue in the third quarter was 0.798 billion yuan, a year-on-year decrease of 27.92%; the net income was 41.4206 million yuan, a year-on-year decrease of 70.37%. The revenue for the first three quarters was 1.953 billion yuan, a year-on-year decrease of 45.03%; with a net income loss of 0.203 billion yuan.
Shede Spirits: Net income in the third quarter decreased by 79.23% year-on-year.
shede spirits announcement, net income in the third quarter was 78.0448 million yuan, a year-on-year decrease of 79.23%.
SD Gold: Net income in the first three quarters was 2.066 billion yuan, a 53.57% year-on-year increase.
SD Gold announced that in the first three quarters, it achieved revenue of 67.006 billion yuan, a year-on-year increase of 62.15%; net income was 2.066 billion yuan, a year-on-year increase of 53.57%. The company stated that the revenue growth was mainly due to the increase in self-produced gold, purchased gold sales prices, and the acquisition of Shanjin International.
Shennong Group: Net profit in the third quarter increased by 662.97% year-on-year.
Shennong Group released the third quarter report for 2024, achieving revenue of 4.078 billion yuan in the first three quarters, a year-on-year increase of 42.11%; net income of 0.48 billion yuan, a year-on-year increase of 321.2%. Net income in the third quarter was 0.356 billion yuan, a year-on-year increase of 662.97%.
Guangzhou Haozhi Industrial: Net profit in the first three quarters increased by 369.91% year-on-year.
Guangzhou Haozhi Industrial released the third quarter report for 2024, achieving revenue of 0.968 billion yuan in the first three quarters, a year-on-year increase of 37.81%; net income attributable to shareholders of the listed company was 80.8342 million yuan, a year-on-year increase of 369.91%. Achieved revenue of 0.352 billion yuan in the third quarter, a year-on-year increase of 50.32%; net income attributable to shareholders of the listed company was 25.9162 million yuan, a year-on-year increase of 271.50%.
Tianshui Huatian Technology: Net profit in the third quarter increased by 572% year-on-year.
tianshui huatian technology released the third quarter report of 2024, achieving revenue of 10.531 billion yuan in the first three quarters, a year-on-year increase of 30.52%; net income attributable to shareholders of the listed company was 0.357 billion yuan, a year-on-year increase of 330.83%. Net income in the third quarter was 0.134 billion yuan, a year-on-year increase of 571.76%.
Shenzhen Transsion Holdings Co., Ltd.: Net profit for the first three quarters was 3.903 billion yuan, an increase of 0.5% year-on-year.
Shenzhen Transsion Holdings Co., Ltd. announced that the company achieved revenue of 51.252 billion yuan in the first three quarters, a year-on-year increase of 19.13%; the net income attributable to shareholders of the listed company was 3.903 billion yuan, a year-on-year increase of 0.5%.
Other products
China Design Group: The company's directors are being investigated by the China Securities Regulatory Commission for suspected insider trading.
China Design Group announced that Director Liu Peng has received a "Notice of Case Filing" from the China Securities Regulatory Commission for suspected insider trading. Previously, the company received an explanation and apology statement from Liu Peng regarding the short-term trading of the company's convertible bonds by him and his immediate family. Currently, the company's production and operation activities are proceeding normally and orderly.
Jiangsu Hengrui Pharmaceuticals: The company and its subsidiaries have received multiple drug clinical trial approval notices.
Jiangsu Hengrui Pharmaceuticals announced that its subsidiaries, Shanghai Shengdi Pharmaceutical Co., Ltd., Shanghai Hengrui Pharmaceuticals Co., Ltd., and Suzhou Shengdiya Biomedical Co., Ltd. have recently received the "Drug Clinical Trial Approval Notice" issued by the National Medical Products Administration for HRS-4642 Injection, Atezolizumab Injection, Injection SH-R1826, Injection SH-R9839, SH-R8068 Injection, and Bevacizumab Injection. Clinical trials will be conducted in the near future.
Guandian Defense: The company's stock may be subject to other risk warnings.
Guandian Defense announcement: As of May 29, 2024, the actual controller and its related parties have a total outstanding amount of 0.159 billion yuan in funds used by the listed company which have not been returned, accounting for 15.97% of the company's latest audited net assets attributable to shareholders. Mr. Gao Ming, the actual controller, has committed to repay all the funds used and the interest calculated at the benchmark interest rate of the same period to the company by October 31, 2024. If the company fails to resolve the above-mentioned fund use issues by October 31, 2024, other risk warnings will be implemented on the company's stock trading.