A-share selected announcements | Guotai Junan (601211.SH): This reorganization still needs to go through necessary internal decision-making procedures.

date
23/09/2024
avatar
GMT Eight
1. Baoding Tianwei Baobian Electric: Currently no company asset injection, business restructuring, major business cooperation matters involved. Baoding Tianwei Baobian Electric released a notice of severe abnormal fluctuations in stock trading and risk alert. As of the date of this announcement, apart from the announcement of the ongoing integration of the transformer equipment business between weapons equipment group and China Electrical Equipment, there are no major matters or important information that should be disclosed but have not been disclosed; currently there are no matters involving company asset injection, business restructuring, major business cooperation. This integration does not involve any significant changes to the company's fundamentals, and will not have a significant impact on the company's normal production and operation activities. The relevant scheme still needs to go through internal decision-making procedures and obtain approval from relevant regulatory authorities, and there are uncertainties. Investors are advised to pay attention to the risks. 2. Hainan Shuangcheng Pharmaceuticals: Audit and evaluation work of the transaction has not been completed. The specific transaction price of the transaction has not been determined. Hainan Shuangcheng Pharmaceuticals released a notice of abnormal fluctuations in stock trading, the company plans to acquire 100% of the shares of Aura held by 25 counterparties including Ola Investments and Win Aiming through the issuance of shares and cash payment, and intends to issue shares to raise supporting funds to not more than 35 specific investors. As of the disclosure date of this announcement, the audit and evaluation work of this transaction has not been completed, and the specific transaction price of this transaction has not been determined. 3. Haitong: Necessary internal decision-making process is still to be completed for this restructuring. Stock will continue to be suspended. Haitong announced that the company is planning for Guotai Junan to absorb and merge Haitong through Guotai Junan issuing A shares to all A-share shareholders of the company, and H shares to all H-share shareholders of the company, and issuing A shares to raise supporting funds. The company's stock will continue to be suspended, actively promote various works, and fulfill the disclosure obligations according to the progress of the restructuring. The specific cooperation plan of this restructuring shall be based on the further transaction documents signed by both parties. This restructuring still needs to go through the necessary internal decision-making process and requires formal implementation after approval by the competent regulatory authorities, and there is uncertainty whether it can be implemented. 4. Guotai Junan: Necessary internal decision-making process is still to be completed for this restructuring. Stock will continue to be suspended. Guotai Junan announced that the company is planning a major asset restructuring through the absorption and merger of Haitong through share exchanges. The company has been suspended from trading since September 6, 2024, with an expected suspension period of no more than 25 trading days. The specific cooperation plan of this restructuring shall be based on the further transaction documents signed by both parties. This restructuring still needs to go through the necessary internal decision-making process and requires formal implementation after approval by the competent regulatory authorities, and there is uncertainty whether it can be implemented. Due to the significant uncertainties related to this restructuring, to ensure fair disclosure of information, protect the interests of investors, and avoid abnormal fluctuations in the company's stock price, in accordance with the relevant regulations of the Shanghai Stock Exchange, the company's stock will continue to be suspended. 5. Shenzhen Longsys Electronics: National Integrated Circuit Fund plans to reduce its stake by no more than 0.36% in the company. Shenzhen Longsys Electronics announced that the National Integrated Circuit Fund, a shareholder of the company, plans to reduce its stake by no more than 149.75 million shares, accounting for 0.36% of the total share capital of the company, through centralized bidding and bulk trading on the stock exchange from October 22, 2024 to January 20, 2025. 6. Datang Telecom Technology: There might be a risk of a price drop after a significant short-term gain in the company's stock. Datang Telecom Technology issued a notice of stock trading risk alert, stating that the company's stock closed at limit-up prices for 5 consecutive trading days on September 13, 18, 19, 20, and 23, with a significant short-term increase. There might be a risk of a price drop after a significant short-term gain. The company's production and operation are currently normal, and there have been no major changes in the external environment. 7. Shanghai Highly: The business scale of the cooling system for lithography machines is small. Shanghai Highly issued an announcement of abnormal fluctuations, stating that Shanghai Highly's main business is the research, production, and sales of refrigeration rotary compressors, refrigeration motors, and castings, as well as the research, production, and sales of automotive thermal management systems and key component products, mainly used in household air conditioners, automobiles, etc. The company's holding subsidiary, High Special Cooling, is engaged in the research and production of industrial equipment cooling systems, with its income mainly coming from the metallurgical industry's high-temperature air conditioning and other fields. High Special Cooling sells cooling systems for lithography machines, with a small business scale, accounting for less than 0.003% of Shanghai Highly's annual revenue in the past three years. 8. LingNan Eco&Culture-Tourism: The company is still actively raising funds to repay debts. LingNan Eco&Culture-Tourism announced an unusual change in stock prices, stating that as of the disclosure date of this announcement, Zhongshan City Talent Innovation and Entrepreneurship Ecological Park Service Co., Ltd. has completed the acquisition of part of the "Lingnan Convertible Bonds" and related matters of its rights; the company has pledged the equity investment under the convertible bonds fundraising, accounts receivable, and the equity of Lingnan Water Affairs Group Co., Ltd. owned by the company as a guarantee for the "Lingnan Convertible Bonds", and has signed a relevant pledge contract with the bond trustee, GF SEC Co., Ltd., and completed the registration procedures accordingly; the company is still actively raising funds to repay debts, and if it cannot be resolved properly in the short term, the company will face further litigation and arbitration due to overdue debts.Bank accounts being frozen, assets being frozen and other related matters.8. Guangdong Rongtai Industry: The company still has restricted intangible assets, investment properties, and construction in progress with a total book balance of approximately 179 million yuan. Guangdong Rongtai Industry issued a risk alert announcement, as of August 23, 2024, the company still has restricted intangible assets, investment properties, and construction in progress with a total book balance of approximately 179 million yuan. The company's current operating situation is normal, and there have been no major changes in its main business. 9. Tianjin Troila Information Technology: The company does not have any revenue related to network security or Huawei foldable screens. Tianjin Troila Information Technology issued a stock trading risk alert, noting the recent market attention on concepts such as "network security" and "Huawei foldable screens." Upon the company's verification, its main business is in software and information technology services, with revenue mainly coming from software development and cloud services, information system integration, and internet data center construction and hosting services. The company does not have any revenue related to network security or Huawei foldable screens. 10. Yunnan Nantian Electronics Information: The company is planning to issue A-shares to specific investors. Yunnan Nantian Electronics Information issued a stock trading abnormal fluctuation announcement, stating that its recent production and operation are normal, with no major changes in its internal and external operating environment. The company is planning to issue A-shares to specific investors, aiming to raise funds of up to 650 million yuan, of which Yunnan Provincial Industrial Investment Holding Group Co., Ltd. plans to subscribe to 200 million yuan. The final details of the plan are yet to be determined. There are no other major undisclosed events for the company, its controlling shareholder, or actual controller. 11. Hytera Communications Corporation: Uncertainty in the expansion progress of new markets. Hytera Communications Corporation issued a disclosure announcement regarding the recent focus from investors on the company's business expansion in the Middle East. The company has been strengthening its presence in emerging markets such as the Middle East, South Asia, Latin America, Africa, and the Belt and Road region. In the first half of this year, the company further expanded its market presence and overseas branding efforts in the Middle East to promote business expansion in that region. The company reminds investors that there is uncertainty in the progress of expanding into new markets, and the impact on the company's performance is still to be observed. 12. Zhejiang Garden Biopharmaceutical: Net profit for the first three quarters is expected to increase by 55.77% - 75.92% year-on-year. Zhejiang Garden Biopharmaceutical announced that it expects its net profit attributable to shareholders in the first three quarters of 2024 to be between 232 million yuan and 262 million yuan, representing an increase of 55.77% - 75.92% compared to the same period last year. The main reasons for the performance change are the increase in operating income and gross profit in the vitamin sector, a decrease in stock compensation expenses, and the impact of non-recurring gains and losses on net profit. Stock Buybacks - Sinomag Technology: Plans to repurchase shares worth 20-40 million yuan. - Meihua Holdings Group: Plans to repurchase shares worth 300-500 million yuan for cancellation. - Yunnan Chihong Zinc&Germanium: Plans to repurchase shares worth 145-290 million yuan. - Xilinmen Furniture: Plans to repurchase shares worth 100 million to 200 million yuan. - Suzhou Maxwell Technologies: Plans to repurchase shares worth not exceeding 50-100 million yuan. Shareholding Changes - Daqin Railway: Supervisor Wen Jing increased holdings of 9,000 shares. - Shenzhen V&T Technologies: Director plans to reduce holdings by not more than 1.11%. - Founder Technology Group: Shareholder Founder Digit plans to reduce holdings by not more than 0.65%. - Hanwei Electronics Group Corporation: Director Li Zhigang and senior management Shang Zhongfeng plan to reduce holdings. - Juneyao Grand Healthy Drinks: Some directors and supervisors plan to collectively reduce holdings by not more than 0.15% of the company's shares. Large Orders - Shanghai Tianchen: Wholly-owned subsidiary Tianchen Energy won a bid for a 124 million energy storage power station project. - China Aluminum International Engineering Corporation: Won bid for 350,000 ton green power aluminum project in Zhaohaole County, Tongliao City. - Wuhan Huakang Century Medical: Expected to win a 52.54 million project. - CECEP TechandEcology&Environment: Wholly-owned subsidiary signed a 419 million contract for energy-saving innovation building construction. - Hunan Valin Wire&Cable: Recently won contracts in the mining field totaling approximately 340 million yuan.Translated to HT Editor: Jiang Yuanhua."Bonjour, comment vas-tu aujourd'hui?" "Hello, how are you today?"

Contact: contact@gmteight.com