A-share announcement highlights | Photovoltaic giant LONGi Green Energy Technology (601012.SH) is expected to incur a huge loss of 8.2 billion to 8.8 billion yuan in 2024.

ai OPM Biosciences announced that it is planning to purchase controlling rights of Pengli Bio. The stock will be suspended from trading.OPM Biosciences announced that the company is planning to acquire the controlling interest of Pengli Biopharmaceutical Technology (Shanghai) Co., Ltd. by issuing shares and paying cash, and is also raising funds. Based on preliminary calculations, this transaction is expected to constitute a significant asset restructuring. Prior to this transaction, the company and the counterparty have no related relationship, and it is preliminary estimated that this transaction does not constitute a related party transaction. This transaction will not result in a change in the actual controller of the company, and does not constitute a reorganization for listing. The company's stock is scheduled to be suspended from trading starting January 17, 2025, with an expected suspension period of no more than 5 trading days.Hunan Sundy Science And Technology: Net profit expected to increase by 157%-183% year-on-year in 2024, with a significant increase in the delivery volume of unmanned intelligent equipment products. Hunan Sundy Science And Technology released its performance forecast for 2024, expecting a net profit of 138 million to 152 million yuan, an increase of 156.81%-182.86% compared to the same period last year. During the reporting period, the company saw a significant year-on-year increase in the delivery volume of unmanned intelligent equipment products, leading to an increase in operating income. In the same period last year, the company made a single provision for impairment of assets for overdue trust and wealth management products, resulting in a decrease in net profit attributable to shareholders of the listed company, with a lower year-on-year base. Chengdu Jouav Automation Tech Co., Ltd.: Controlling shareholder Ren Bin's divorce dispute lawsuit results in 12.3 million shares of the company's stock being awarded to Kuang Mingfang Chengdu Jouav Automation Tech Co., Ltd. announced that its controlling shareholder and actual controller, Ren Bin, received a civil judgment on a personal divorce dispute lawsuit from the People's Court of Tianfu New Area in Sichuan. The judgment results are as follows: 1. Granting the divorce between Kuang Mingfang and Ren Bin; 2. 12.3 million shares out of the 20.5 million shares held by Ren Bin in the company will be owned by Kuang Mingfang, and Ren Bin will assist in the transfer procedures within ten days of the effective date of the judgment; 3. Ren Bin's 23% ownership of Hainan Yongxin Dapeng Enterprise Management Center (limited partnership) will be retained by Ren Bin. As the lawsuit is still in the appeal period, Ren Bin has expressed his intention to appeal. The final outcome of the lawsuit is uncertain, and may involve the division of the company's shares held by Ren Bin, which could lead to changes in the company's equity structure, but it is not expected to have a significant impact on the company's actual control. Ningbo Fuda: Intends to acquire at least 45% equity of Jingxin Materials Ningbo Fuda announced that it has signed an "Investment Cooperation Intent Agreement" with the shareholders of Jingxin Materials, intending to acquire at least 45% equity of Jingxin Materials. At the same time, Jingxin Materials' shareholder Hou Xiaobao has ensured that the company has at least 51% of the voting rights of Jingxin Materials by entrusting or transferring at least 6% of the voting rights to the company. According to preliminary calculations, this transaction is expected to constitute a major asset restructuring. After the completion of this transaction, Jingxin Materials will become a subsidiary of the company. With this, the company will enter the field of electronic special materials focused on photovoltaic silver powder, in addition to its original main business of commercial real estate and cement building materials. By leveraging its own resource advantages and achieving effective synergy with Jingxin Materials, the company aims to help achieve industrial transformation breakthroughs and enhance its capabilities. Telink Semiconductor (Shanghai) Co., Ltd.: National Fund plans to reduce its shareholding by no more than 2% Telink Semiconductor (Shanghai) Co., Ltd. announced that its shareholder, the National Fund with a shareholding of more than 5%, plans to reduce its shareholding by up to 4.8 million shares through centralized bidding trading from February 17, 2025, to May 16, 2025. The planned reduction ratio will not exceed 2.00% of the total share capital of the company. As of the disclosure date of the announcement, the National Fund holds 21.4884 million shares of the company, accounting for 8.95% of the total share capital. The reason for the reduction is for its own operational needs. Jiangsu Boxin Investing & Holdings: Received a preliminary notice of the termination of the company's stock listing Jiangsu Boxin Investing & Holdings announced that it received a preliminary notice from the Shanghai Stock Exchange on January 16, 2025, regarding the proposed termination of the listing of Jiangsu Boxin Investment Holdings Co., Ltd. The notice stated that as of January 16, 2025, the total market value of the company's shares has been below 500 million yuan for 20 consecutive trading days. According to the "Shanghai Stock Exchange Listing Rules (Revised in April 2024)", the company's stock has triggered the conditions for delisting. The Shanghai Stock Exchange will make a decision to delist the company's stock in accordance with the regulations. If the company requests a hearing, it must submit a written hearing application within five trading days upon receiving the notice. Wuxi Chipown Micro-electronics: Net profit expected to increase by 68.13% to 101.76% year-on-year in 2024 Wuxi Chipown Micro-electronics has released its performance forecast, expecting to achieve a net profit attributable to the owners of the parent company of 100 million to 120 million yuan in 2024, an increase of 68.13% to 101.76% year-on-year. The main reason for the expected increase in performance is that the company has been focusing on the power semiconductor market, with a significant increase in revenue from high-voltage AC-DC products in 2024. The company will also vigorously promote the year-on-year growth of more than 60% in revenue for high/low voltage driver chips, digital power chips, intelligent power devices, and modules. Qingdao TGOOD Electric: Signs a contract with the Saudi National Grid for the supply and installation of high-voltage mobile substations Qingdao TGOOD Electric announced that it has signed a contract with the Saudi National Grid for the supply and installation of high-voltage mobile substations, with a total contract value of 353 million Saudi riyals, equivalent to approximately 700 million yuan. The products covered in the contract are 132kV mobile substations, with a delivery deadline by the end of April 2025. Huizhou CEE Technology Inc.: Expects a net loss of 70-90 million yuan in 2024, a decrease in loss compared to the previous year Huizhou CEE Technology Inc. announced that it expects a net loss attributable to the shareholders of the listed company of 70-90 million yuan in 2024, a decrease compared to the previous year.In the reporting period, the company further optimized its product and customer structure, better matching the capacity demand of high-end production lines, and successively completed the introduction of several globally renowned terminal major customers. Despite being still affected by external adverse environments such as the weakening of structural demand in the industry, the company actively adapted to changes in customer demand with its products being widely used in various market segments. As a result, the company's operating income for the 2024 fiscal year increased compared to the previous year, reaching 10 billion yuan, while the loss in the same period last year was 1.37 billion yuan.2. Hollyland: Net profit is expected to increase by 81.95% to 131.57% in 2024 Hollyland announced that it is expected to achieve a net profit attributable to shareholders of the listed company of 33 million to 42 million yuan in 2024, an increase of 81.95% to 131.57% year-on-year. During the reporting period, sales of power fuses and accessories used in the photovoltaic, energy storage, wind power and other fields significantly increased. At the same time, the company continued to expand and optimize its product line, increase technological advancement and iterative upgrades, fully expand sales channels, enhance the market competitiveness and market share of products, and promote performance growth. 3. Bestore Co., Ltd.: Expected loss of 25 million to 40 million yuan in 2024 Bestore Co., Ltd. announced that it is expected to achieve a net profit attributable to shareholders of the listed company of -25 million to -40 million yuan in 2024. The main reasons include: the company follows the "lower price without reducing quality" policy, implemented price reduction strategies for some products in the store channels, and adjusted the product structure, affecting the gross profit margin. 4. Hangzhou Hopechart Iot Technology Co., Ltd: Expected net profit of -3 million to -8 million yuan in 2024 Hangzhou Hopechart Iot Technology Co., Ltd announced that it is expected to achieve operating income of 500 million to 530 million yuan in 2024, an increase of 22.15% to 29.47% year-on-year. The net profit attributable to the owners of the parent company is expected to be -3 million to -8 million yuan. The company's commercial vehicle business segment benefited from the full-year implementation of the new national standard driving recorders and the increase in product categories, while the passenger vehicle business segment achieved income growth due to the mass production of multiple controller projects. At the same time, the company implemented cost reduction measures, kept overall personnel and expenses within a reasonable range, and related expenses decreased. 5. Zhengping Road & Bridge Construction: Expected loss of 200 million to 290 million yuan in 2024 Zhengping Road & Bridge Construction announced that the company is expected to achieve a net profit attributable to sha...The loss is expected to be between RMB -35 million and RMB -24 million compared to the same period last year. The main reasons are the sluggish demand in the downstream market of functional silane, intensified industry competition, decrease in the selling price of main products, high fixed asset costs for new investment projects, and increased interest expenses on convertible corporate bonds. The above data is unaudited, and the specific figures will be subject to the official disclosure in the 2024 annual report.12. China Television Media, Ltd.: The net profit is expected to decrease by 79% to 84% in 2024 China Television Media, Ltd. announced that it is expected to achieve a net profit attributable to the owners of the parent company of 39 million yuan to 49 million yuan in the annual report for 2024, a decrease of 188 million yuan to 198 million yuan compared to the same period last year, a decrease of 79% to 84% year-on-year. The main reasons are the slight decrease in operating profit in the film and tourism business sectors compared to the same period of the previous year, and the decrease in investment income compared to the same period of the previous year. 13. Lionhead Technology Development: The net profit for the annual 2024 is expected to be between -26 million yuan and -31 million yuan Lionhead Technology Development announced that it is expected to achieve a net profit attributable to the shareholders of the company of -26 million yuan to -31 million yuan in the annual report for 2024. During the reporting period, the company's operating income has increased compared to the previous year, but due to factors such as intensified competition in the e-commerce industry and consumer demand, the company has increased promotional efforts, while building its own brand to enhance operational capabilities, resulting in increased operating and management expenses. In addition, the company accelerated inventory turnover, cleared inventory with expired shelf life, lost some gross profit, and based on the prudence principle, it intends to make provision for impairment of assets with impairment indicators. The data related to this performance forecast has not been audited by the accounting firm. 14. Guangdong KinLong Hardware Products: The net profit is expected to decrease by 62.96% to 72.22% in 2024 Guangdong KinLong Hardware Products expects to earn a net profit attributable to the shareholders of the listed company of 90 million yuan to 120 million yuan in 2024, a decrease of 62.96% to 72.22% compared to the same period last year; after deducting non-recurring gains and losses, the net profit is expected to be 55 million yuan to 70 million yuan, a decrease of 75.74% to 80.94% compared to the same period last year. The basic earnings per share is expected to be 0.25 yuan/share to 0.34 yuan/share, a decrease of 65.35% to 67.33% compared to the same period last year. The main reasons are the deep adjustment of the construction industry, the decline in demand in the domestic construction fittings market, a year-on-year decrease of approximately 14%-15% in operating income, inability to effectively dilute expenses during the period, and provision for impairment of assets. Specific financial data is subject to the formal disclosure of the 2024 annual report. Reduce holdings Insigma Technology: Zhejiang Wanliyang plans to reduce its stake by no more than 0.5% Major Single Signatures BOMESC Offshore Engineering: Signs a significant contract worth 7.5-10 billion yuan with STS Zhongzhong Science & Technology (Tianjin) Co.: Signs a total contract worth 367 million yuan Effort: Wholly owned subsidiary receives a purchase order of approximately 109.82 million yuan Suzhou Hailu Heavy Industry: The new order amount for the company in 2024 is 2.766 billion yuan This article is reprinted from "Tencent Stock Picks", GMTEight Editor: Chen Wenfang.