Selected A-share announcements | China CSSC signs export contracts worth 18 billion to 19 billion yuan

Today's Focus 1. China CSSC: Subsidiary signs shipbuilding contract worth 18 to 19 billion yuan China CSSC (600150.SH) announced that its wholly-owned subsidiary, Jiangnan Shipbuilding, has signed a batch of contracts to build 18,000 TEU LNG dual-fuel container ships with a shipowner. The contract amount is between 18 billion and 19 billion yuan. This order is in line with Jiangnan Shipbuilding's latest green energy container ship design concept, fully self-developed design, and meets the latest regulations for large container ships. Due to the long contract period, the company will recognize revenue in accordance with revenue recognition standards, which will not have a significant impact on the company's current profits. If this transaction is successfully implemented, it will have a certain positive impact on the company's future operating income and profits. 2. Gree Electric Appliances, Inc. of Zhuhai: Jinghai Internet plans to increase its holding of the company's shares by 1.05 billion to 2.1 billion yuan Gree Electric Appliances, Inc. of Zhuhai (000651.SZ) announced that it has received a notice from its shareholder Jinghai Internet Technology Development Co., Ltd. (referred to as "Jinghai Internet") regarding its intention to increase its holding of Zhuhai Gree Electric Appliances, Inc. of Zhuhai's shares within six months from the date of this announcement through centralized bidding with its own funds and special loans from financial institutions. This increase does not set a price range, with the amount of shares to be increased being not less than 1.05 billion yuan and not more than 2.1 billion yuan. 3. Shanghai New Vision Microelectronics: Intends to acquire control of AiXiaosheng, stock trading halted Shanghai New Vision Microelectronics (688593.SH) announced that the company is planning to acquire control of Shenzhen AiXiaosheng Technology Co., Ltd. by issuing shares and paying cash while simultaneously raising funds. After preliminary discussions, this transaction is expected to constitute a major asset restructuring. The company's stock has been suspended from trading since March 3, 2025, and will continue to be suspended on March 4, 2025, with an expected suspension period of no more than 5 trading days. AiXiaosheng's business scope includes the design, development, testing, and sales of integrated circuit products. 4. Shanghai Emperor of Cleaning Hi-Tech: Company's solid-state battery business has not yet received bulk orders Shanghai Emperor of Cleaning Hi-Tech (603200.SH) issued a risk warning announcement regarding stock trading, stating that the company has noticed the high market attention on solid-state batteries recently, but its related business has not yet received bulk orders, therefore not generating long-term stable income and not significantly affecting the company's overall performance. At the same time, due to the uncertainty of product iteration and market development, the company's current related investment is relatively small, and the testing, matching results, and application prospects of the sample products also have a high level of uncertainty. 5. Guangdong Orient Zirconic Ind Sci & Tech: Samples provided by the company have received preliminary recognition for trial use by some solid-state battery material manufacturers, further large-scale experiments will be conducted Guangdong Orient Zirconic Ind Sci & Tech (002167.SZ) issued an announcement regarding abnormal fluctuations in stock trading, stating that the company's stock price has accumulated a deviation from the closing price for two consecutive trading days, exceeding 20%, which is considered an abnormal fluctuation in stock trading. After verification, there is no need for correction or supplementation of the information disclosed by the company earlier, and the production and operation are currently normal with no significant changes in the internal and external operating environment. Samples provided by the company have received preliminary recognition for trial use by some solid-state battery material manufacturers, and further large-scale experiments will be conducted. 6. Goertek Inc.: Subsidiary's application materials for the issuance of H shares have been received by the China Securities Regulatory Commission Goertek Inc. announced in the evening that the company plans to list its subsidiary Goer Microelectronics Co., Ltd. on the Main Board of the Stock Exchange of Hong Kong Limited. Goer Micro has submitted an application to the Stock Exchange of Hong Kong Limited for the initial public offering of foreign shares (H shares) and listing on the Main Board. Goer Micro has submitted the application materials for this issuance and listing to the China Securities Regulatory Commission in accordance with relevant regulations, and they have recently been accepted by the China Securities Regulatory Commission. 7. Shenzhen Kstar Science & Technology: Data center UPS configurations still primarily use lead-acid battery solutions, with a trend towards domestic substitution in the data center industry Shenzhen Kstar Science & Technology (002518.SZ) stated in an investor relations activity record that there is a certain trend of domestic substitution in the domestic data center industry, especially in industries such as communications, finance, and government. The duration of data center UPS configurations generally ranges from 5 minutes to 1 hour. Although lithium batteries have advantages such as high energy density, small footprint, and high cycle count, they have a risk of thermal runaway, leading to fire and explosion. Lead-acid batteries have a long history of use, mature technology, and relatively high stability, but they take up more space. For safety reasons, data centers in China still primarily use lead-acid battery solutions. In addition, Shenzhen Kstar Science & Technology stated that there is still significant room for development in the global market, especially in emerging markets such as Asia, Africa, and Latin America, and the company continues to expand its channels in these regions. 8. Zhejiang Fengmao Technology: Has reached an agreement with Yushu Technology onThe application of the product on Siasun Robot & Automation has been the subject of initial technical discussions and exchanges.Regarding the employee stock ownership plan or equity incentive, the repurchase price shall not exceed 297.77 yuan per share, the total amount of repurchase funds shall not be less than 20 million yuan and not more than 40 million yuan, and the repurchase period shall be within 12 months from the date of approval by the board of directors.ter Group(600961.SH)202464202412413352%Announcement from Zhuzhou Smelter Group (600961): The company has received a notification letter from Hunan Xiangtou Jinmelt Private Equity Investment Fund Enterprise (Limited Partnership) ("Xiangtou Jinmelt") stating that they hold 6.09% of the total share capital of the company. As of March 2, the expiration date of the reduction plan has been reached and Xiangtou Jinmelt has not reduced its shares. The reduction plan has been completed. Xiangtou Jinmelt plans to reduce the number of company shares by no more than 10.72 million shares through centralized auction trading on November 11, 2024, with a reduction ratio not exceeding 1% of the total share capital of the company. The responsibilities of the position, as well as acting on behalf of the Board of Directors in carrying out the duties of the special committee.Baotou Tianhe Magnetics Technology: The company currently has no business related to humanoid Siasun Robot&Automation. Baotou Tianhe Magnetics Technology (603072.SH) announced that the closing prices of the company's stock on February 27, February 28, and March 3, 2025, have consecutively deviated by 20% for three trading days, which is considered abnormal stock trading volatility. After a self-inspection, the company found that its production and operation activities are normal, with no major adjustments in the market environment or industry policies. There have been no significant fluctuations in production costs or sales, and internal production and operation order are normal. The company noted the recent high interest in the concept of humanoid Siasun Robot&Automation in the market, but the company currently has no related business, and its operating performance is not affected. Shenzhen Auto Electric Power Plant: Current operations are normal. Shenzhen Auto Electric Power Plant (002227.SZ) announced that the closing prices of the company's stock deviated by over 20% for two consecutive trading days, indicating abnormal stock trading volatility. The company verified that the information disclosed earlier does not require correction or supplementation. There have been no major undisclosed information reported by public media recently that may have a significant impact on the company's stock trading prices. The company's current operations are normal, and there have been no major changes in internal and external operating environments. The controlling shareholder and actual controller of the company have no major undisclosed matters or significant matters in the planning stage that require disclosure. CECEP Solar Energy: Subsidiary plans to purchase real estate for 367 million yuan. CECEP Solar Energy (000591.SZ) announced that its wholly-owned subsidiary, CECEP Solar Energy Technology Co., Ltd., plans to purchase a property located in Beijing's Daxing District, Zhongjie Energy Huizhong Center Project Building 12, Unit 13, with a construction area of 10,144.25 square meters. The property will be used as the centralized office space for CECEP Solar Energy Technology Co., Ltd. The total transaction price is 367,221.85 million yuan (including value-added tax), and the funding source for this transaction is the company's self-raised funds. China Hainan Rubber Industry Group: Signs Rubber Revenue Insurance Project Insurance Agreement for 2025. China Hainan Rubber Industry Group (601118.SH) announced an insurance amount of 1.53 billion yuan for the project. The insurance period is from January 1 to December 31, 2025, covering natural rubber produced from rubber trees. The insurance premium is 229.5 million yuan, with the policyholder bearing 20% or 45.9 million yuan, and the remaining 80% subsidized by the central government at 45%, which is 103.275 million yuan, and the Hainan provincial government at 35%, which is 80.325 million yuan. This insurance agreement aims to mitigate the impact of natural rubber price fluctuations on the company and stabilize the development of its rubber main business.