A-share Announcement Highlights | Zhejiang Conba Pharmaceutical (600572.SH) proposes to transfer 2% of the company's shares.

Focus today 1. Tongyu Communication Inc.: Holding subsidiary Zhonghong Tongyu plans to increase capital and introduce Wuhan Wuchuang Institute Tongyu Communication Inc. announced that its holding subsidiary Zhonghong Tongyu plans to introduce investors Wuhan Wuchuang Institute through capital increase and expansion of shares, with the latter planning to increase capital by 10 million yuan in cash, all of which will be included in the registered capital. After the capital increase, Zhonghong Tongyu's registered capital will increase from 200 million yuan to 210 million yuan, and Tongyu Communication Inc.'s shareholding ratio will change from 90% to 85.7143%. The purpose of this capital increase is to enhance Zhonghong Tongyu's capital strength to meet the funding needs for the research and development and operation expenditures of its satellite communication products. 2. Sanli Pharmaceutical: Plans to acquire HXW2324 compound and related patents from Hainan University Sanli Pharmaceutical announced that the company has signed a "Technology Transfer (Patent Application Rights) Agreement" with Hainan University, aiming to promote the transformation of innovative drug research results by integrating the company's industrialization capabilities with university research resources. The agreement stipulates that Hainan University will transfer the patent application rights of its HXW2324 compound and related patents to Sanli Pharmaceutical for a total transfer price of 200 million yuan, including milestone payments of 20 million yuan and sales royalties of 180 million yuan. The HXW2324 compound is a pre-clinical candidate compound for the development of a new treatment for Alzheimer's disease. 3. Ningbo Huaxiang Electronic: Subsidiary signs strategic cooperation agreement with Siasun Robot & Automation Ningbo Huaxiang Electronic announced that its subsidiary Ningbo Huaxiang Electronic Qiyuan Technology Co., Ltd. has signed a "Strategic Cooperation Agreement" with Shenzhen Siasun Robot & Automation Technology Co., Ltd., intending to strengthen cooperation in the research and development, manufacturing, and sales of the Siasun Robot & Automation general-purpose humanoid dexterous hand. The two parties will carry out related development and mass production cooperation on the specific six-degree-of-freedom dexterous hand products required by Huaxiang Qiyuan and its customers. Siasun Robot & Automation is responsible for product design and development verification, servo cylinder module, while Huaxiang Qiyuan is responsible for dexterous hand solution confirmation, mass production assembly, and customer sales. 4. Dook Media: Planning for change in control, trading of shares suspended from 22nd Dook Media announced that it has received notification from its controlling shareholder and actual controller, Huanan and Huashan, regarding the planning of changes in the company's control. In order to ensure fair disclosure of information and avoid abnormal fluctuations in stock prices, the trading of the company's shares will be suspended from the market opening on December 22, 2025, with an expected suspension period not exceeding 2 trading days. The specific plan for this transaction is still being planned, no formal agreement has been signed, and there is uncertainty. 5. Nanya New Material Technology: Plans to raise funds of no more than 900 million yuan for the research and industrialization project of high-order high-frequency high-speed copper-clad laminates based on AI computing power Nanya New Material Technology announced that its board of directors has approved a proposal that the company meets the conditions for issuing A shares to specific targets. The number of shares to be issued this time will not exceed 70.4313 million shares, and the total fundraising amount will not exceed 900 million yuan, which will be used for the research and industrialization project of high-order high-frequency high-speed copper-clad laminates based on AI computing power and supplementary working capital. The issuance targets are not more than 35 specific targets as stipulated by laws and regulations. The company's accumulated undistributed profits before this issuance will be shared by new and old shareholders after the issuance is completed. 6. Xiamen Hexing Packaging Printing: During the abnormal stock fluctuations, the controlling shareholder reduced its holdings of 700,000 shares of the company's stock Xiamen Hexing Packaging Printing issued a notice on the abnormal fluctuation of stock trading, indicating that during the period of abnormal stock fluctuations, the company's controlling shareholder, Xinjiang Xinghuiju, reduced its holdings of 700,000 shares of the company's stock (accounting for 0.06% of the total share capital) through centralized auction trading, which is consistent with the previously disclosed reduction plan. 7. Jiangsu Etern: Light chip subsidiary plans to increase capital and introduce external investors such as Cig Shanghai Jiangsu Etern announced that its holding subsidiary Dingxin Optoelectronics plans to increase capital and introduce external investors, including Wuxi Quici, Suzhou Longju, Fuzhou Innovation, Linhu Entrepreneurs, Nanjing Haoyuan, Cig Shanghai, and Suzhou Tongxin, with a total cash increase of 55 million yuan. After the capital increase, the company and its holding subsidiary will jointly hold 52.4914% of Dingxin Optoelectronics' equity, down from 55.8879%, and the company's directly held equity will decrease from 24.2384% to 22.7654%. Dingxin Optoelectronics is mainly engaged in the manufacture of optical chips. 8. Guangdong Goworld: Plans to invest 1 billion yuan in high-performance HDI printed circuit board expansion upgrade technology project Guangdong Goworld announced that its holding subsidiary Shantou Supersonic Printed Circuit Board (Factory 3) Co., Ltd. plans to invest in the expansion and upgrade technology transformation project of high-performance HDI printed circuit boards, with a total estimated investment of 1.08 billion yuan (excluding taxes). After the project is completed, it is expected to add an annual production capacity of 240,000 square meters, achieve an annual sales revenue of 807 million yuan in the third year of production, and a total additional profit of 112 million yuan. The source of funds will be 720 million yuan in bank loans and the rest will be invested by the company. It is expected to reach 50% of the design capacity by December 2026, at 10,000 square meters per month, and achieve 100% of the project's design capacity by June 2027, at 20,000 square meters per month. 9. Lingyi Itech: Plans to acquire 35% equity of Liminda, a server heat management company, for 875 million yuan Lingyi Itech announced that the company has signed a "Equity Transfer Agreement" with Zhang Qiang and 11 other shareholders to acquire 35% equity of Liminda for 875 million yuan in cash, and through voting rights entrustment to obtain 17.78% of the target company's voting rights, totaling 52.78% control of the target company's voting rights. After the transaction is completed, Liminda will be included in the company's consolidated financial statements. Liminda has deep core technical expertise and rich industry experience in the enterprise server heat management field, with its main business including server liquid cooling quick disconnect connectors (UQD), liquid cooling manifolds, single-phase liquid cooling heat dissipation modules (server liquid cooling boards and optical module cooling boards), phase change liquid cooling heat dissipation modules, and server homogeneous boards (VC and 3DVC) and other heat management cores. 10. Zhejiang Sanhua Intelligent Controls: Expected net profit of 3.874 billion to 4.649 billion yuan in 2025, a year-on-year growth of 25%-50% Zhejiang Sanhua Intelligent Controls announced its annual performance forecast for 2025, expecting a net profit attributable to shareholders of the listed company of 3.874 billion to 4.649 billion yuan, a year-on-year growth of 25.00%-50.00%. Basic earnings per share are expected to be between 0.98 yuan/share and 1.18 yuan/share. During the reporting period, the company consolidated its leading position in the refrigeration and air conditioning electrical components business, seized market demand growth opportunities, and achieved continued business growth based on technological accumulation and scale production advantages; meanwhile, with its leading layout in the new energy vehicle thermal management field and demonstration effect of benchmark clients, it expanded high-quality orders and drove steady improvement in the automotive parts business. The collaboration of the two major sectors supported the growth of annual performance. 11. Nanjing Aolian AE&EA: Controlling shareholder is planning for change in control matters, stock trading suspended Nanjing Aolian AE&EA announced that its controlling shareholder, Guangxi Ruiying Asset Management Co., Ltd., is planning for the transfer of part of its shares in the company through agreement transfer, which may lead to a change in the controlling shareholder and actual controller of the company. Upon application, the trading of the company's shares will be suspended from the market opening on December 22, 2025, with an expected suspension period not exceeding 2 trading days. There is uncertainty as to whether the transaction can be finally implemented and the results of the implementation. Risk Warning 1. Xiamen Hexing Packaging Printing: The largest shareholder and controlling shareholder, Xinjiang Xinghuiju, reduced its holdings of 700,000 shares during the abnormal stock fluctuations 2. Chase Science: The company's controlling shareholder and actual controller have been subject to detention measures 3. SZZT Electronics: Revoke other risk warnings and change the stock abbreviation to "ZT Electronics" Buyback & Share Increase/Decrease 1. Shandong Nanshan Aluminium: Plans to repurchase shares with 300 million to 600 million yuan for cancellation 2. Zhejiang Yongtai Technology Co.: Some directors and senior management personnel plan to increase their shareholding in the company by no less than 5 million yuan 3. Zhejiang Conba Pharmaceutical: The second largest shareholder, Zhejiang Conba Pharmaceutical Group, transferred 2% of the company's shares to the controlling shareholder through block trade 4. Shaanxi Huaqin Technology Industry: Shareholders plan to inquire about the transfer of 3.93% of the total share capital 5. Sinotrans Limited: Some senior management personnel plan to reduce their shareholdings Large Transactions 1. Hebei Broadcasting Wireless Media: Holding subsidiary jointly won a project worth 48.9 million yuan with an affiliated entity 2. YCIC Eco-Technology: Jointly won a 1.28 billion yuan project for sewage treatment plant and supporting pipeline network engineering 3. Xiangtan Yongda Machinery Manufacturing: Pre-awarded project for the purchase of cockpit platform (rear engine seat) for approximately 3.5 billion yuan 4. Shanghai Supezet Engineering Technology Corp., Ltd.: Wholly-owned subsidiary signed a 40.33 billion yuan general contracting contract This article is reproduced from "Tencent Select Stocks," edited by GMTEight: Li Fo.