A-share announcement highlights | Double in a week, 5 days and 4 boards Shenzhen Infogem Technologies (300085.SZ) warns of risks

Today's focus 1. Shenzhen Infogem Technologies: Stock price has risen significantly in the short term, may be speculative Shenzhen Infogem Technologies announced abnormal stock trading fluctuations, with the company's stock price rising significantly in the short term, possibly due to speculative activities; recent stock turnover rates and volumes have increased significantly, leading to the risk of a substantial price drop after the rise. The company had previously disclosed an announcement regarding the proposed transfer of company shares by the controlling shareholder and actual controller, which is subject to review by the Shenzhen Stock Exchange and uncertainties remain about its completion. 2. Cashway Fintech: Company faces risk of loss Cashway Fintech announced abnormal stock trading fluctuations, stating that as of the date of the announcement, there are no undisclosed major issues or important information. The company faces the risk of financial losses, and investors are advised to make rational investments. 3. Ferrotec: Planning to acquire semiconductor industry-related assets, stock to be halted from tomorrow Ferrotec announced its plans to acquire semiconductor industry-related assets owned by its indirect controlling shareholder FERROTEC Group through the issuance of ordinary shares, convertible corporate bonds, cash (if any), and other means. This transaction is expected to constitute a major asset restructuring as defined by the "Regulations on Major Asset Restructuring of Listed Companies" (revised in 2023) and will also involve related party transactions. The company's stock will be suspended from September 26th, 2024, for a period not exceeding 10 trading days. During the suspension, the company will disclose information related to the major event progress. 4. Nexchip Semiconductor Corporation: Intending to increase capital in subsidiary by 9.55 billion RMB with external investors Nexchip Semiconductor Corporation announced its intention to increase capital in its wholly-owned subsidiary Nexchip Integration with external investors including Agricultural Bank Investment and Industrial Finance Investment, totaling 9.55 billion RMB through currency contributions. After the capital increase, the company's equity ownership in Nexchip Integration will decrease to 43.7504%, but it will remain the largest shareholder. The funds from the increase will be used for the daily operations of Nexchip Integration, including equipment purchases and repayment of debts related to the main business operations. 5. SGSG Science & Technology: Uncertainty about obtaining approval from competent department for state-owned assets supervision SGSG Science & Technology announced abnormal stock trading fluctuations, stating that as of the current date, Zibo Guotou has completed the first installment payment for the transfer of SGSG Science & Technology shares in accordance with the agreement but has not yet obtained approval from the competent department for state-owned assets supervision. There remains uncertainty about whether Zibo Guotou will obtain the required approval. 6. Anhui Xinli Finance: Anhui Conch Cement plans to reduce holdings by no more than 5.1272 million shares Anhui Xinli Finance announced that shareholder Anhui Conch Cement plans to reduce its holdings of the company's stock by no more than 5.1272 million shares within 15 trading days after the announcement, using the Shanghai Stock Exchange's centralized bidding trading method, representing no more than 1% of the total share capital. This reduction plan is a voluntary decision by Anhui Conch Cement and will not have a significant impact on the company's management structure or future operations. 7. Huaqin Technology: Signing of "Share Sale Agreement" Huaqin Technology announced its intention to acquire 80% of the shares of Yi Lu Da Holdings held by Yi Lu Da International through its overseas wholly-owned subsidiary Haiqin Hong Kong for 2.85 billion Hong Kong dollars. The due diligence, auditing, and assessment have been completed, and the negotiation of the transaction has been finalized based on market-based principles. The company has officially signed the "Share Sale Agreement" with Yi Lu Da International, its founders, and the target company through its overseas wholly-owned subsidiary Haiqin Hong Kong. 8. Chengdu Qinchuan Iot Technology Co., Ltd.: Intending to acquire 60% equity of Chengdu Piwatt Technology Co., Ltd. Chengdu Qinchuan Iot Technology Co., Ltd. announced its plans to acquire 60% equity of Chengdu Piwatt Technology Co., Ltd. in cash. After the transaction is completed, the company will become the controlling shareholder of the target company. This transaction is not considered a related party transaction and is expected to constitute a major asset restructuring based on preliminary calculations. 9. Global Top E-Commerce: Significant uncertainty about entering pre-reorganization and reorganization procedures Global Top E-Commerce announced abnormal stock trading fluctuations, stating that as of the date of the announcement, it has not received any notification or ruling from the Taiyuan Intermediate People's Court regarding the applicant's application for pre-reorganization or reorganization. There remains significant uncertainty about whether the application will be approved.The case has been accepted by the court, and there is still significant uncertainty about whether the company will enter into pre-reorganization and reorganization proceedings.10. Baota Industry: There is uncertainty about whether the restructuring plan can be officially implemented Baota Industry announced abnormal fluctuations in stock trading and is planning a major asset restructuring. As of the date of this announcement, the audit and evaluation work on the assets to be disposed of and the assets to be acquired are proceeding as planned, and the specific transaction price for this transaction has not been determined. The restructuring plan still needs to go through necessary internal decision-making procedures and requires approval from the relevant regulatory authorities before it can be implemented formally. There is uncertainty about whether it can be formally implemented, and investors are advised to pay attention to subsequent announcements and be aware of investment risks. 11. ChemPartner PharmaTech: Currently communicating with auditing firms regarding correction of past annual reports ChemPartner PharmaTech issued a notice of abnormal fluctuations in stock trading recently received a decision from the China Securities Regulatory Commission Guangdong Regulatory Bureau regarding corrective measures for issues raised in a warning letter. The company will correct and revise the 2022 and 2023 annual reports in accordance with relevant regulations. The company is currently communicating with auditing firms regarding the correction of past annual reports, and accurate financial data should be based on the corrected reports disclosed by the company in the future. 12. China State Construction Engineering Corporation: Awarded major projects totaling 14.97 billion yuan China State Construction Engineering Corporation announced that it has recently been awarded multiple major projects with a total value of 14.97 billion yuan. 13. Guangdong Senssun Weighing Apparatus: The largest shareholder has changed from Zhao Yukun to Ningbo Joyson Electronic Corp. Guangdong Senssun Weighing Apparatus announced that Ningbo Joyson Electronic Corp. has increased its shareholding in the company. Ningbo Joyson Electronic Corp. now holds 18.8770% of the company's shares, making it the largest shareholder, controlling shareholder, and actual controller. This change in the largest shareholder will not result in any changes to the company's actual controller or controlling shareholder. Repurchase Jiangsu Yawei Machine Tool: Plans to repurchase shares worth 50-70 million yuan Increase/Decrease in Holdings Guangdong Vtr Bio-Tech: Controlling shareholder plans to reduce their stake by up to 2% Guangzhou Hexin Instrument: Shareholder Ying Futaike plans to reduce their stake by not more than 1% Zenner Metering Technology: Chairman and CEO Li Shihua increased his stake by 620,200 shares New Contracts Huada Automotive Technology Corp., Ltd: Added 17 designated customer projects, with a total estimated amount of 3.741 billion yuan Guangdong Construction Engineering Group: Signed an EPC general contracting contract for a ground distributed photovoltaic project worth 1.634 billion yuan Shanghai Pudong Construction: Subsidiary won multiple major projects with a total contract amount of 1.548 billion yuan Shanghai Zhezhong Group: Fully-owned subsidiary won a semiconductor project worth 171 million yuan This article is reproduced from "Tencent Self-selected Stocks", Edited by GMTEight: Li Fo.