Selected A-share announcements | Chip leader with a market value of 300 billion yuan reveals performance, profits exceed 1.9 billion yuan.
24/02/2025
GMT Eight
1. Hygon Information Technology: Net profit in 2024 reached 1.929 billion Yuan, a year-on-year increase of 52.73%.
Hygon Information Technology announced that its total operating income in 2024 was 9.162 billion Yuan, a year-on-year increase of 52.40%; the net profit attributable to the owners of the parent company was 1.929 billion Yuan, a year-on-year increase of 52.73%. The company focuses on the research and development of high-end processors, further expands its product application areas, improves customer recognition, and promotes rapid performance growth.
2. Montage Technology: Net profit in 2024 reached 1.412 billion Yuan, a year-on-year increase of 213.10%.
Montage Technology announced that the company achieved operating income of 3.639 billion Yuan in 2024, a year-on-year increase of 59.20%; it achieved a net profit attributable to the owners of the parent company of 1.412 billion Yuan, a year-on-year increase of 213.10%. In 2024, benefiting from the gradual recovery of global demand in the server and computer industry, the demand for memory interface and module supporting chips experienced a recovery growth. Additionally, with the increase in the downstream penetration rate of DDR5 and the continuous iteration of sub-generations, the company's DDR5 memory interface chip shipments surpassed DDR4 memory interface chip shipments, and the shipments of DDR5 second-generation memory interface chips exceeded the first-generation products. Benefiting from the trend of the AI industry, the company's three high-performance capacity chip new products have started to be mass-produced.
3. Contemporary Amperex Technology: Partial restricted stock repurchase cancellation completed
Contemporary Amperex Technology announced that the company has completed the repurchase cancellation of restricted stocks held by 19 incentive recipients, totaling 71,547 shares, accounting for 0.002% of the total share capital before repurchase cancellation. After the repurchase cancellation, the total share capital of the company decreased from 4,403,466,458 shares to 4,403,394,911 shares. The reasons for this repurchase included the departure of incentive recipients, performance assessments not meeting the conditions for lifting restrictions, or voluntary waiver of remaining unblocked shares. The price and quantity of repurchases were adjusted based on the company's 2022 annual equity distribution plan.
4. NBTM New Materials Group: Planning to purchase 35.75% of Shanghai Fuchi Company's shares; stock trading suspended
NBTM New Materials Group announced that the company is planning to purchase 35.75% of Shanghai Fuchi Technology Co., Ltd.'s shares by issuing shares and paying cash, while also planning to issue shares to raise supporting funds. This transaction is not expected to constitute a major asset restructuring but will constitute a related-party transaction. In order to ensure fair disclosure of information and protect the interests of investors, the company's stock has been suspended from trading since February 25, 2025, with the suspension expected to last no more than 10 trading days.
5. Super Telecom: Signs a 638 million Yuan smart integration service procurement contract
Super Telecom announced that it has signed a "Smart Integration Service Procurement Contract" with Shenzhen Xinghang Zhisuan Technology Co., Ltd., with a total contract amount of approximately 638 million Yuan including taxes. The procurement list includes Yuan Xing Xiyun C500-P PCIe Training/Tuition Integrated Server, switches, optical fibers, optical modules, network cables, and others, Zhisuan Cloud Platform, large model intelligent body platform, large model data knowledge platform and AI application platform. The signing and normal performance of this contract will facilitate the bulk sales of the "Muxi" GPU products represented by the company and the self-owned "Yuanxing" branded computational power servers, bringing more market opportunities for the company's computational power business expansion. The recognition of related sales income will be phased with the gradual performance of this contract. If this contract is successfully fulfilled, it will have a positive impact on the company's future performance.
6. INESA Intelligent Tech Inc.: 7 consecutive trading sessions of limit ups; Revenue generated from cooperation with Alibaba Cloud and Tencent Cloud does not significantly affect company performance
INESA Intelligent Tech Inc. issued a stock exchange announcement stating that the recent market has classified the company as a concept stock related to Alibaba and Tencent. It clarified that the company's main business includes cloud services and big data, industry solutions, and intelligent products, and there have been no significant changes. The company has collaborations with Alibaba Cloud and Tencent Cloud in cloud service businesses, including jointly providing services to customers. The revenue generated from cooperation with the two companies in cloud services in 2023 accounted for approximately 1% of the company's total revenue, which does not significantly affect the company's performance. There have been no significant changes in their collaborations in 2024.
7. Shanghai Xinhua Media: No equity or business cooperation with Jieyue Xingchen
Shanghai Xinhua Media announced that the company's stock closed with a cumulative deviation of more than 20% in the stock price for two consecutive trading days on February 21 and 24, 2025, leading to abnormal stock market fluctuations. Upon self-examination, the company found no need for corrections or supplements to its previously disclosed information, and there is currently no significant undisclosed information. Additionally, the market rumor of the "establishment of Caiyue Xingchen through a joint venture with Jieyue Xingchen" is false information; the company has no equity or business cooperation with Jieyue Xingchen. The company reminds investors to be aware of the risks of secondary market trading, make rational decisions, and invest carefully.
8. Weichai Heavy Machinery: The company's generator set products can be used as backup power in data centers, but they are not directly related to core equipment in data centers and computational power
Weichai Heavy Machinery issued a stock trading abnormal fluctuation announcement, noting that the market has shown interest in computational power concepts and data center power sectors.Higher. The company's generator products can be used as backup power sources in data centers, but they are not core equipment directly related to data centers and computing power. In addition, the scale and development speed of downstream markets such as computing power have inherent uncertainty, which also presents significant uncertainty in its impact on the company's business.Guobo Electronics: 2024 net profit of 485 million yuanDecreased by 20.06% compared to the same period last year.Guobo Electronics announced that its total operating revenue was 2.591 billion yuan, a decrease of 27.36% compared to the same period last year; the net profit attributable to the owners of the parent company was 485 million yuan, a year-on-year decrease of 20.06%. The main reason for this decrease was a reduction in revenue from phased array T/R components and RF module business during the reporting period. In addition, the company's share capital increased by 49.00% compared to the beginning of the period, mainly due to the company's capital reserve being used to issue 0.49 shares per share to all shareholders.
GRG Banking Equipment: Net profit in 2024 was 917 million yuan, a year-on-year decrease of 6.13%
GRG Banking Equipment announced that in 2024, it achieved total operating revenue of 10.858 billion yuan, a year-on-year increase of 20.07%, exceeding one hundred billion for the first time; net profit attributable to the shareholders of the listed company was 917 million yuan, a year-on-year decrease of 6.13%; net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses was 748 million yuan, a year-on-year decrease of 8.56%. The company's total assets and owner's equity attributable to the shareholders of the listed company increased by 7.40% and 4.76% respectively compared to the beginning of the period.
Buyback & Shareholding Changes
Jilin Joinature Polymer: Shareholder Wang Xiuyun intends to reduce company's shareholding by no more than 1%
Jilin Joinature Polymer announced that shareholder Wang Xiuyun, who holds more than 5% of the shares, intends to collectively reduce his shareholding by no more than 1,216,800 shares, not exceeding 1% of the total share capital of the company. The reduction will be conducted within three months after fifteen trading days from the disclosure of this announcement. The reduction price range will be based on market prices, and the source of the shares to be reduced is from pre-IPO acquisition. This reduction plan is for the shareholder's own fund needs and will not have a significant impact on the company's governance structure and ongoing operations.
Novoprotein Scientific Inc.: Nanjing Jinli and its concerted action person plan to reduce shareholding by no more than 1.04%
Novoprotein Scientific Inc. announced that shareholder Nanjing Jingli Entrepreneurship Investment Partnership Enterprise (Limited Partnership) (referred to as "Nanjing Jinli") and its concerted action person Suzhou Jinling Entrepreneurship Investment Partnership Enterprise (Limited Partnership) together plan to reduce their shareholding in the company by no more than 728,600 shares (1.04% of the total share capital of the company).
Fujian Yongfu Power Engineering: Contemporary Amperex Technology's shareholding percentage in the company decreased to 6%
Fujian Yongfu Power Engineering announced that the company's shareholder, Contemporary Amperex Technology, accumulated by centralized bidding and block trading from February 17 to February 24, 2025, a total reduction of 1,875,479 shares, reducing the shareholding percentage from 7.0000% to 6.0000%, reaching a multiple of 1%. This reduction is consistent with the previously disclosed reduction plan and does not violate the disclosed reduction plan and related commitments.
Insigma Technology: Shareholder Zhejiang Wanliyang has reduced the company's total share capital by 0.5%
Insigma Technology announced that as of February 24, 2025, shareholder Zhejiang Wanliyang has collectively reduced the company's shares by 5,129,644 shares through centralized bidding trading, accounting for approximately 0.50% of the total share capital of the company. The reduction plan has been completed. After the reduction, Zhejiang Wanliyang holds a total of 49,870,356 shares in the company, accounting for 4.85% of the total share capital.
Pinlive Foods: One of the controlling shareholders' concerted action person intends to reduce their holding by no more than 525,000 shares
Pinlive Foods announced that the company's controlling shareholder, and the concerted action person of the actual controller, Shanghai Xili Enterprise Management Center (Limited Partnership), plans to reduce their shareholding by no more than 525,000 shares through centralized bidding or block trading, not exceeding 0.53% of the total share capital of the company.
Other
Aluminum Corporation Of China: Chairman Shi Zhirong resigns due to work needs
Aluminum Corporation Of China announced that on February 24, 2025, the company's board of directors received a written resignation letter from Shi Zhirong. Shi Zhirong resigned from all positions as Chairman, Executive Director, and any special committee of the board of directors, effective immediately, due to work needs. Shi Zhirong's resignation will not result in the number of board members falling below the statutory minimum number, and will not have a significant impact on the company and the board of directors' normal operations. The company will promptly appoint new directors and elect a new chairman in accordance with relevant regulations, and will fulfill its disclosure obligations in a timely manner.
China Camc Engineering: Signs contract for hospital construction worth approximately 589 million yuan
China Camc Engineering announced that the company has signed a commercial contract for the construction of a 100-bed hospital in Musana Province, Iraq, under the Musana Health Bureau of the Iraqi Ministry of Health. The contract amount is 107.238 billion Iraqi dinars, equivalent to approximately 589 million yuan, accounting for 4.77% of the company's audited total operating revenue in 2023.
Nanjing Central Emporium(Group)Stocks: Intends to purchase 20% equity of Anhui Zhongshang Convenience Store for 25 million yuan
Nanjing Central Emporium(Group)Stocks announced that the company intends to purchase 20% of the equity of Anhui Zhongshang Convenience Store Co., Ltd. held by Beijing Innovation Factory Entrepreneurship Investment Center (Limited Partnership) through negotiation and payment in installments at a price determined by evaluation for a total of 25 million yuan.After the purchase is completed, the company will hold a 64% stake in Anhui Zhongshang. This transaction does not constitute a related party transaction or a major asset restructuring, and within the approval authority of the board of directors, it does not need to be submitted to the shareholders' meeting for approval.Zhejiang Tianyu Pharmaceutical: Wholly-owned subsidiary's active pharmaceutical ingredients pass CDE review
Zhejiang Tianyu Pharmaceutical announced that its wholly-owned subsidiary Zhejiang Jingsheng Pharmaceutical Co., Ltd.'s Adenosine Tosylate raw material passed the review by the National Medical Products Administration Drug Evaluation Center. The drug is used for the prevention of stroke and systemic embolism in adult patients with non-valvular atrial fibrillation, as well as for the treatment and prevention of recurrent deep vein thrombosis and pulmonary embolism in adults. The Adenosine Tosylate raw material has now passed the CDE review, but it still needs to obtain the Zhejiang Provincial Drug Administration GMP compliance inspection result as "compliant" before it can be marketed domestically. Currently, there are 6 manufacturers in China that have passed the CDE technical review. Due to factors such as changes in the market environment, the timing of the domestic marketing and sales of this raw material is still uncertain.
Guangxi Wuzhou Zhongheng Group: Injection Thrombolytic (Freeze-dried) being considered for centralized volume purchasing by National Traditional Chinese Medicine Procurement Alliance
Guangxi Wuzhou Zhongheng Group announced that its holding subsidiary Wuzhou Pharmaceutical's Injection Thrombolytic (Freeze-dried) non-quotation representative product is being considered for centralized volume purchasing by the National Traditional Chinese Medicine Procurement Alliance, with specifications of 100mg/vial and 250mg/vial at proposed prices of 5.68 RMB/vial and 12.86 RMB/vial, respectively. The purchasing period is until December 31, 2027. The intended selection results will have a positive impact on the company's long-term development and future business performance.
Jilin Liyuan Precision Manufacturing: Normal operation, proposed change in actual controlling shareholder to Zhang Yuan
Jilin Liyuan Precision Manufacturing announced that the company's stock price deviation value has accumulated to 20.99% over 3 consecutive trading days, indicating abnormal fluctuations in stock trading. Upon verification, there are no corrections or supplements needed to the information previously disclosed by the company, and no significant undisclosed information that could have a major impact on the company's stock trading price due to recent public media reports. The three natural person shareholders of the company's controlling shareholder, Beiyoud Intelligent, have signed a Share Transfer Agreement with Jiangsu Bubugao Real Estate Co., Ltd. If the transaction is successfully completed, Jiangsu Bubugao will hold 100% equity of Beiyoud Intelligent, and the actual controlling shareholder of the company will change from Wu Rui to Zhang Yuan.
CHINA GREEN: Investing 50 million RMB to establish CHINA GREEN (Yulin) New Energy Power Generation Co., Ltd.
CHINA GREEN announced that the company has established its wholly-owned subsidiary, CHINA GREEN (Yulin) New Energy Power Generation Co., Ltd., with a capital of 50 million RMB, responsible for the construction and subsequent specialized management of the Luneng Yuyang District 100,000 kW wind power project. The investment amount does not exceed 10% of the company's most recent audited net assets, therefore, it does not require board of directors and shareholder approval. This investment aims to promote project construction, optimize the company's strategic layout, enhance the installed capacity of new energy projects, align with the company's development strategy, and will not have an adverse impact on the company's financial condition.