Selected A-share Announcements | No rumors of restructuring. Shanghai Highly Co., Ltd. (600619.SH) issues risk warning with 6 consecutive days of limit up.

date
11/11/2024
avatar
GMT Eight
Today's Focus Shanghai Highly, 6 consecutive days of trading with a deviation of more than 20% from the closing price, no rumors of company restructuring discussed in the public opinion. Shanghai Highly announced that the company's A-share stock has shown abnormal fluctuations in trading for three consecutive trading days with a deviation of over 20% from the closing price. After self-inspection and written consultation with the controlling shareholder, there are no rumors of company restructuring or other significant information that should be disclosed but has not been disclosed. This includes, but is not limited to, significant asset restructuring, share issuance, major transactions, business restructuring, share repurchases, equity incentives, bankruptcy reorganization, major business cooperation, introduction of strategic investors, etc. Investors are advised to make rational decisions, invest cautiously, and be aware of secondary market trading risks, considering the recent significant price increase of the company's stock may pose a risk of subsequent decline. Shanghai Zijiang Enterprise Group, 4 consecutive days of trading, Zijiang New Materials does not directly engage in the production of solid/semi-solid batteries. Shanghai Zijiang Enterprise Group issued a risk warning announcement for abnormal stock trading, with a P/E ratio of 25.32, slightly higher than the industry average. The company's subsidiary, Zijiang New Materials, mainly engages in lithium battery aluminum-plastic film production and does not directly produce solid/semi-solid batteries, with its operating income accounting for 6.05% of the company's total revenue, having minor impact. The company's invested company, Angi Aerospace, is engaged in low-altitude economic-related business but is not included in the company's consolidated financial statements as the company does not participate in its production and operation. China Security, 3 consecutive days of trading, currently, the Yixing project company has just been established, and its main business has not yet been carried out with zero operating income and profit. China Security issued a risk warning announcement for stock trading, stating that the Yixing project company has just been established, and its main business has not yet been carried out, with zero operating income and profit, posing significant uncertainty in its future operations. As of now, the performance compensation matters of the controlling shareholder have not been completed, and there is significant uncertainty about whether timely recovery can be achieved. The company will continue to pursue the judicial recovery of the controlling shareholder's performance compensation to the maximum extent possible to protect the interests of the company and shareholders and will continue to monitor the progress of related litigation proceedings and fulfill its disclosure obligations timely. iSoftStone Information Technology, CEL Bravo plans to reduce its holdings of company shares by no more than 1%. iSoftStone Information Technology announced that the shareholder CEL Bravo Limited plans to reduce its holdings of company shares by no more than 9.52 million shares, representing 1% of the total share capital, through block trades between December 3, 2024, and March 2, 2025. CEL Bravo currently holds 92.408 million shares, accounting for 9.7% of the total share capital. The reduction is due to its own financial arrangements, and the reduction price will be determined based on market prices. CEL Bravo has an affiliated relationship with FNOF Easynet Limited, Jinhui International Limited, and China Everbright Financial Investment Limited, and the reduction ratio needs to be calculated together. This reduction will not lead to a change in the company's controlling interest. Nextool Technology, Chairman Huang Mingjiu's detention has been lifted. Nextool Technology announced that on November 11, 2024, the company received a notice from Huang Mingjiu's family that the Tongguan District Supervisory Committee of Tongling City issued a notice to lift the detention measures against Huang Mingjiu. Currently, the company's production and management are normal, and Huang Mingjiu can now fulfill his duties as Chairman of the company. The General Manager of the company, Zheng Tianqin, will no longer act on behalf of the Chairman and legal person duties. Ningbo Shimao Energy, proposed issuance of shares to purchase 100% equity of Zhan Ding Technology. Ningbo Shimao Energy announced that the company is planning to issue shares and pay cash to acquire not less than 58.07% of the equity of Nantong Zhan Ding Materials Technology Co., Ltd., with an estimated valuation of not more than 1.2 billion yuan. The final acquisition percentage and specific acquisition price will be determined after due diligence and evaluation. The company, Shanghai Dongfuyuan Enterprise Development Center (Limited Partnership), and Shanghai Xuyin Zhanding Enterprise Development Center (Limited Partnership) signed a Share Transfer Intention Agreement on November 10, 2024. This transaction may constitute a significant asset restructuring and is currently in the planning phase. Trading in the relevant securities has been suspended since November 11, 2024, with a expected suspension period not exceeding 10 trading days. Hangzhou Haoyue Personal Care, the company plans to acquire 100% equity of Silk Treasure Care for 360 million yuan. Hangzhou Haoyue Personal Care announced that the company, Silkbao Shareholding, Liang Liangsheng, and Silkbao Care have signed a Share Transfer Agreement, under which the company will acquire 100% equity of Silk Treasure Care held by Silkbao Shareholding for 360 million yuan. After the completion of this transaction, the company will own 100% of Silk Treasure Care. This transaction is not a related-party transaction or a significant asset restructuring. The transfer of equity in this transaction still requires the relevant parties to handle the transfer procedures as specified in the agreement, and there is uncertainty about whether the transaction can be successfully implemented. Cabio Biotech (Wuhan), plans to purchase 65% equity of Ouyi Biology, will resume trading starting tomorrow. Cabio Biotech (Wuhan) announced that the company intends to purchase 65% of the equity of Shanghai Ouyi Biological Medicine Technology Co., Ltd. ("Ouyi Biology") from 14 trading parties by issuing shares and paying cash, and raising matching funds. As of the date of the signing of the proposal, the audit and evaluation of the target assets of this transaction have not yet been completed.The estimated value and trading price have not been determined yet. Through this transaction, the main business of the listed company will further extend to the field of scientific research and technology services, creating an integrated industrial service platform of "technology services + innovative functional polymer exploration + product output". The company's stock will resume trading starting from November 12th.Zhuhai Enpower Electric: Signs Strategic Cooperation Agreement with EHang Intelligent Zhuhai Enpower Electric announced that the company has signed a "Strategic Cooperation Agreement" with EHang Intelligent Equipment (Guangzhou) Co., Ltd. Both parties will work together to develop and industrialize the eVTOL product power system in the field of Urban Air Mobility. According to the agreement, Zhuhai Enpower Electric will provide EHang Intelligent with electric motor products that meet its technical specifications, while EHang Intelligent will be responsible for the installation and sales of the products for electric vertical take-off and landing aircraft. The two parties will provide each other with full business and technical support, and share resources. The agreement is valid for three years. On the same day, the company announced that it had received a product technology development notice from EHang Intelligent Equipment (Guangzhou) Co., Ltd., and will provide power motor and controller products for the development of unmanned eVTOL products. The specific development matters, supply time, price, and quantity will be subject to the supply agreement or sales order signed by both parties. Operating Situations Hubei Biocause Pharmaceutical: CHINA BEST Life Insurance's premium income for the first 10 months was 31.386 billion yuan. Seazen Holdings: Contract sales in October were approximately 2.616 billion yuan. Henan Zhongyuan Expressway: Toll revenue in October was 324 million yuan. Namchow Food Group (Shanghai) Co.: Consolidated operating income in October was 2.48 billion yuan, a year-on-year increase of 8.5%. Shandong Xiantan: Chicken product sales revenue in October increased by 6.17% month-on-month. Cowealth Medical China: Cumulative operating income from January to October was 771 million yuan. Share Increases Jiangsu Lianhuan Pharmaceutical: Supervisor increased holdings by 1500 shares. Large Orders GRG Banking Equipment: Won the bid for a 9.21 billion yuan Agricultural Bank Of China self-service equipment project for 2024. Qingdao TGOOD Electric: Controlling subsidiary signed a 5.28 billion yuan sales and service contract for charging stations. Sinoma Energy Conservation: Wholly-owned subsidiary won a 3.84 billion yuan procurement project. CECEP TechandEcology&Environment: Signed a contract for an overseas project worth approximately 2.35 billion yuan. Anhui Transport Consulting & Design Institute: The company and its subsidiaries recently received multiple project bid-winning notifications. NanJing Public Utilities Development: Controlling subsidiary signed a 63.41 million yuan "Natural Gas Sales Contract."

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