Selected A-share announcement | Transfer of control pending confirmation by Shanghai Stock Exchange, Daqian Ecology & Environment Group (603955.SH) warns of risks

date
14/11/2024
avatar
GMT Eight
Today Focus 1. 8 consecutive boards Daqian Ecology & Environment Group: Transfer of control requires Shanghai Stock Exchange to issue an opinion on the compliance of the transfer agreement Daqian Ecology & Environment Group issued a risk warning announcement. On November 5, 2024, the company disclosed an announcement of a planned change in control of the company. This transaction still requires an opinion from the Shanghai Stock Exchange on the compliance of the transfer agreement, and the transfer of shares needs to be registered with the Shanghai branch of China Securities Depository and Clearing Corporation Limited. There is uncertainty about whether the transaction can be completed and the completion time. The company's main business has not changed significantly, and its operations are normal. In the period from January to September 2024, the company achieved operating income of 73.2372 million yuan, and a net profit attributable to shareholders of the listed company of 15.3188 million yuan. 2. 7 consecutive boards in 12 days Arcplus Group Plc: Risk of decline after significant short-term gains Arcplus Group Plc issued a notice of abnormal stock trading volatility. The closing price of the company's stock on November 14, 2024, has increased by 103.3% compared to the closing price on October 25, 2024, posing a risk of decline after significant short-term gains. 3. 5 consecutive boards in 6 days China Security: Yixing project company has not yet started its main business, and its future operations are highly uncertain China Security issued a notice of abnormal stock trading volatility. The company and its wholly-owned subsidiary signed an investment cooperation agreement with Yixing Xingyang Industrial Investment Co., Ltd. to jointly establish the Yixing project company. The Yixing project company has just been established, has not obtained qualifications, has not started construction, has no relevant technical or personnel accumulation, its main business has not started, and both operating income and profits are zero. The future operation of the company has significant uncertainties. In the event of force majeure events, national or local policy adjustments, etc., the implementation of the project may face risks of changes, suspensions, or not meeting expectations. 4. 4 consecutive boards Shenzhen H&T Intelligent Control: No violation of fair disclosure of information Shenzhen H&T Intelligent Control issued an abnormal announcement. After verification, the company's current operations are normal, and there have been no significant changes in the recent operating conditions and internal or external operating environment. There are no major undisclosed matters related to the company by the company, controlling shareholders, and actual controllers, nor are there any significant matters in the planning stages. During the period of abnormal stock trading volatility, the controlling shareholder and actual controller did not buy or sell company stocks. The company has not violated the fair disclosure of information. 5. Ningbo Shimao Energy: Termination of issuing shares to purchase assets, stock will resume trading from tomorrow Ningbo Shimao Energy announced that the company had planned to purchase assets from Shanghai Dongfu Yuan Enterprise Development Center (Limited Partnership) and Shanghai Xuyin Zhanding Enterprise Development Center (Limited Partnership) by issuing shares and paying cash, representing not less than 58.07% of the equity assets of Nantong Zhanding Material Technology Co., Ltd. However, the parties to the transaction did not reach a substantiative agreement on the specific plan and transaction conditions, so they decided to terminate the issuance of shares to purchase assets. The company's stock will resume trading from November 15, 2024. According to relevant regulations, the company pledges not to plan major asset reorganization for at least one month after the announcement of the termination of the issuance of shares to purchase assets. 6. Wingtech Technology: Wuxi Guolian Integrated Circuit Investment Center reduces its shareholding by 1% in the company Wingtech Technology announced that during the implementation period of the reduction plan, Wuxi Guolian Integrated Circuit Investment Center, a shareholder holding more than 5% of the company's shares, reduced its company's shares by 12.4182 million shares through centralized bidding trading, accounting for 1.00% of the total share capital. After the reduction, Wuxi Guolian Integrated Circuit Investment Center (Limited Partnership) holds 109 million shares of the company, accounting for 8.77% of the total share capital. 7. Zhuhai Enpower Electric: Plans to participate in EHang's private placement of $12.6 million Zhuhai Enpower Electric announced that the company has signed a subscription agreement with EHang Holdings Limited, intending to use its own funds of $12.6 million to subscribe for EHang's private placement of additional shares. The subscription has completed the relevant Overseas Direct Investment (ODI) approval procedures and foreign exchange procedures with the State Administration of Foreign Exchange (SAFE). 8. Shenzhen Yitoa Intelligent Control: Planning to issue shares to purchase assets, stock will be suspended from tomorrow Shenzhen Yitoa Intelligent Control announced that the company is planning to issue shares to purchase assets. Due to the uncertainty of the related matters, the company's stock will be suspended from the market opening on November 15, 2024, and is expected to disclose the transaction scheme within no more than 10 trading days. The target company of this transaction is Shenzhen AiXieSheng Technology Co., Ltd. The company intends to acquire the controlling rights of the target company and raise matching funds through the issuance of shares and payment of cash. This transaction is expected to constitute a major asset reorganization and a related party transaction. 9. Haining China Leather Market: State-owned equity transfer without compensation, change in controlling shareholder Haining China Leather Market announced that the controlling shareholder Haining Assets Management Company will transfer its 154 million shares of the company (12% of the total share capital) to Haining Chaosheng Technology Industry Investment Group Co., Ltd without compensation. The shareholder holding 5% or more of the shares Haining Market Development Service Company did not provide the complete sentence, please input the full sentence.Center Limited Company will transfer its 2.36 billion shares of company stock (18.36% of the total share capital) to Chaosheng Chanfou Investment Group for free. After this transfer of state-owned equity is complete, the controlling shareholder of the company will change from an asset management company to Chaosheng Chanfou Investment Group. The actual controller remains unchanged and is still the State-owned Assets Supervision and Administration Office of the People's Government of Haining City.10. Tiandi Science & Technology: Listed transfer of 51% equity of Qin'an Energy, transaction price of 26.9 billion yuan Tiandi Science & Technology announced that its subsidiary, Tiandi Wangpo, recently listed the transfer of 51% equity of Shanxi Zhongmei Kegong Qin'an Energy Co., Ltd. through the Beijing Property Rights Exchange. The highest bidder was Shanxi Coal Marketing Group Jincheng Co., Ltd., with a transaction price of 26.9 billion yuan. On November 14th, Tiandi Wangpo and Shanxi Coal Marketing Group Jincheng Co., Ltd. signed a "Property Rights Trading Contract." 11. Tanac Automation: Restriction on high consumption of company directors has been lifted Tanac Automation announced that recently, through a search on the China Executive Information Publicity website, as of the disclosure date of the announcement, director Mr. Qian Chenglin's restriction on high consumption due to related matters of the subsidiary Younuyang Xiurui has been lifted. Business Situation Zhejiang Huatong Meat Products: Pig sales revenue in October was 340 million yuan, a decrease of 19.77% compared to the previous month. Ping An Insurance: Accumulated premium income from January to October is approximately 743.244 billion yuan. Repurchase Ningbo Huaxiang Electronic: Intends to repurchase company shares worth 30-50 million yuan. Increase and Decrease Holdings Huadian Liaoning Energy Development: Shareholders plan to reduce their stake in the company by no more than 1%. Western Region Gold: Vice Chairman Yang Shengrong plans to continue increasing his stake in the company by 100-200 million yuan. Large Order Signing Ningxia Qinglong Pipes Industry Group: Won a bid for a 168 million yuan prestressed steel cylinder concrete pipe project. Zhejiang Yonggui Electric Equipment: The company and its subsidiaries recently signed sales contracts and received bid notification letters. Gansu Engineering Consulting Group: Wholly-owned subsidiary Hydropower Design Institute won a bid for a 29.9 million yuan project. This article is reprinted from "Tencent Stock Selection". GMTEight Editor: Jiang Yuanhua.

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