Selected A-share announcement | 10 consecutive limit ups Kunshan Kersen Science & Technology (603626.SH) warns of risks.

Today's focus 1. Shenzhen Transsion Holdings Co., Ltd.: The company's financial officer, Xiao Yonghui, has been placed under investigation and case filed. Shenzhen Transsion Holdings Co., Ltd. announced that on September 6, 2024, the company received a "Notification of Detention" and a "Notification of Case Filing" issued by the Zhen'an District Supervision Commission of Dandong City, deciding to take detention measures and investigation against the company's financial officer Xiao Yonghui. The company has made proper arrangements for his related work. The company stated that it has a comprehensive governance structure and internal control mechanism, and other directors, supervisors, and senior management are all performing their duties normally. This matter will not have a significant impact on the company's normal operations. The company will continue to monitor the progress of this matter and fulfill its disclosure obligations in a timely manner. 2. Kunshan Kersen Science & Technology: Currently assembling folding screen phone hinges with externally purchased structural components. Kunshan Kersen Science & Technology issued a notice on abnormal stock trading fluctuations and risk warnings, stating that the company's stock has closed at the limit-up price for 10 consecutive trading days, with a cumulative price increase of 159.53% from August 26 to September 6, 2024. Regarding the concept of folding screen stocks, the company reminds that its assembly business for folding screen hinges has a single customer, and currently the company assembles folding screen phone hinges using externally purchased structural components. As of the date of this announcement, revenue for the fiscal year 2024 has not been generated. The company expects that the revenue generated from this business within the year will account for less than 1% of the total revenue for the fiscal year 2024, with limited contribution to the company's overall revenue for 2024. The company does not produce solid-state battery products. The company anticipates a loss for the fiscal year 2024, and the current stock price has deviated significantly from the company's fundamentals, posing a risk of excessive and irrational speculation. 3. Ways Electron: The company does not produce VR terminal products or related products for aerial imaging. Ways Electron issued a notice on stock trading risk warnings, stating that the company does not produce VR terminal products and, upon self-inspection, also does not produce related products for aerial imaging. Investors are advised to pay attention to investment risks. 4. LBX Pharmacy Chain Joint Stock: No information is available on the progress or conclusion of the detention investigation. The company's operations are proceeding normally. LBX Pharmacy Chain Joint Stock issued an unusual announcement as the company's stock closing prices deviated by more than 20% over the course of two consecutive trading days, constituting abnormal stock trading fluctuations. Upon internal inspection and written inquiries to the company's controlling shareholder LBX Pharmacy Chain Joint Stock Medical Group Co., Ltd. and one of the actual controlling persons, Ms. Chen Xiulan, as of the disclosure date of this announcement, it was confirmed that there is no significant undisclosed information that should have been disclosed. The company had disclosed a notice about the detention of the chairman on July 31. As of the date of this announcement, the company has not received any investigative or cooperation documents related to the company from the relevant authorities, and no information is currently available on the progress or conclusion of the detention investigation. The company's operations are proceeding normally. 5. Shanghai Jin Jiang Online Network Service: The smart taxi model is currently in the experimental stage and does not generate income for the company. Shanghai Jin Jiang Online Network Service issued a notice on abnormal stock trading fluctuations, noting that the smart taxi concept has recently attracted high market attention. The model is currently in the experimental stage and does not generate income for the company. The future business development trend remains uncertain, and in the short term, it will not have a significant impact on the company's operations. 6. Dazhong Transportation (Group) Co., Ltd.: The smart connected car model is currently in the experimental stage. Dazhong Transportation (Group) Co., Ltd. issued a notice on abnormal stock trading fluctuations, stating that the smart connected car concept has recently attracted high market attention. The model is currently in the experimental stage and does not generate income for the company. The future business development trend remains uncertain, and in the short term, it will not have a significant impact on the company's operations. 7. Truking Technology: Senior executive Lei Yu has been criminally detained for suspected embezzlement. Truking Technology announced that the company recently received a "Notice to Obtain Evidence" from the public security authorities. Senior executive Lei Yu has been criminally detained by the public security authorities on suspicion of embezzlement. As of the disclosure date of the announcement, the public security authorities are still conducting further investigations into this matter. 8. Western Regions Tourism Development: Controlling shareholder signs intention agreement for voting rights transfer, potential change in control. Western Regions Tourism Development announced that the controlling shareholder Tianchi Holdings has signed an "Intention Agreement for Voting Rights Entrustment" with Xinjiang Cultural Tourism Investment, entrusting exclusively, gratuitously, irrevocably, exclusively, and uniquely the voting rights of the 36.642 million shares held by Tianchi Holdings to Xinjiang Cultural Tourism Investment for exercise. If the voting rights entrustment is implemented, it may lead to a change in the company's control. Xinjiang Cultural Tourism Investment will become the company's controlling shareholder, and the State-owned Assets Supervision and Administration Commission of the Xinjiang Uygur Autonomous Region will become the company's actual controller. 9. Zhuzhou Qianjin Pharmaceutical: Intends to acquire 28.92% equity of Qianjin Xiangjiang Pharmaceutical and 68% equity of Qianjin Xielu Pharmaceutical.Resume trading from September 9th.Zhuzhou Qianjin Pharmaceutical Announcement: The company plans to purchase 28.92% of the equity of Qianjin Xiangjiang Pharmaceutical and 68% of the equity of Qianjin Xielie Pharmaceutical through the issuance of shares and payment of cash. After the completion of the transaction, the company's ownership of Qianjin Xiangjiang Pharmaceutical will increase from 51% to 79.92%, and its ownership of Qianjin Xielie Pharmaceutical will increase from 32% to 100%. This transaction, through the acquisition of target companies with good profitability and expected earnings, will further enhance the interests and profit levels attributable to the company's shareholders, optimize the company's industrial structure and asset quality, strengthen the company's sustainable operating capability and risk resistance, and enhance the company's overall competitiveness. The company's stock will resume trading from September 9, 2024. 10. Nuode New Materials: Received a notice from the CSRC for suspected violations of information disclosure laws Nuode New Materials announced that the company and its chairman Chen Lizhi, vice chairman Xu Songqing, and board secretary Wang Handuo received a notice from the China Securities Regulatory Commission on September 6, 2024, for suspected violations of information disclosure laws. 11. Zhejiang Furun Digital Technology: Stock verification completed, trading to resume on September 9 Zhejiang Furun Digital Technology announced that the company's stock has been limit-up for 18 consecutive trading days from August 2 to September 3, with a 100.89% increase in stock price. Due to significant stock price fluctuations, investors have shown concern. In order to safeguard investor interests, the company conducted a verification of the stock trading situation. Recently, the company established Zhejiang Xin Ruibei Bio-Tech Co., Ltd. in collaboration with affiliated companies Jiangsu Xin Ruibei and Xin Xida. Currently, no capital has been contributed, with the company holding a 40% stake without control or consolidation. As of now, Zhejiang Xin Ruibei has only completed business registration, not yet recruited employees, not engaged in actual business operations, and has not generated operating income or investment returns, with significant uncertainties in future operations. Apart from the above-mentioned relationships, there are no plans for Jiangsu Xin Ruibei, Xin Xida, or the company to acquire Zhejiang Xin Ruibei, Jiangsu Xin Ruibei, or target companies through major asset restructurings, or to be acquired by them. The company's stock will resume trading on September 9, 2024. 12. Tunghsu Azure Renewable Energy: Received a notice from the CSRC for suspected violations of information disclosure laws Tunghsu Azure Renewable Energy announced that the company and its controlling shareholder Tunghsu Group received a notice from the China Securities Regulatory Commission for suspected violations of information disclosure laws. 13. Tunghsu Optoelectronic Technology: The company and its controlling shareholder received a notice from the CSRC Tunghsu Optoelectronic Technology announced that the company received a notice from the CSRC on September 6 and, due to suspected violations of information disclosure laws, the CSRC decided to initiate a case against the company and its controlling shareholder. Changes in shareholding 1. Jiawei Renewable Energy: Controlling shareholder plans to increase holdings by not less than 60 million yuan 2. Wuhan Yifi Laser Corporation: Shareholders Yipei New Energy and others plan to reduce holdings by not more than 4% 3. Shanghai Titan Scientific Co., Ltd.: Shareholders plan to reduce holdings by not more than 2% of the company's shares 4. Capital: Shareholders plan to reduce holdings by not more than 1% of the company's shares 5. Yuneng Technology: Shareholder Jiaxing Huiying plans to reduce holdings by not more than 0.96% of the shares Repurchases 1. Liaoning Port: Plans to repurchase shares worth 420 million to 840 million yuan 2. Guangdong Mingzhu Group: Plans to repurchase 150 million to 236.5 million shares for employee stock ownership plan or equity incentives 3. Tongling Nonferrous Metals Group: Plans to repurchase shares worth 200 million to 300 million yuan for the convertible bond 4. Suzhou West Deane New Power Electric: Chairman proposes to repurchase company shares worth 50 million to 100 million yuan 5. Maider Medical Industry Equipment Co. Ltd.: Plans to repurchase shares worth 15 million to 30 million yuan Significant Orders 1. CECEP Wind-Power Corporation: Plans to invest 1.523 billion yuan to build a 200MW wind power project 2. Kunshan Dongwei Technology: Signed a sales contract worth 131 million yuan This article is a repost from "Tencent Stock Selection," edited by Xu Wenqiang.