Selected A-share Announcements | China Aluminum International Engineering Corporation (601068.SH) Signs a Hundred Billion Dollar Contract. Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology (603300.SH) Fined 80 Million Yuan.

Focus Today 1. China Aluminum International Engineering Corporation: Signs Contract with Overseas Customer for Projects Worth Approximately 14 Billion RMB China Aluminum International Engineering Corporation announced that on December 26, 2025, the company signed a project contract with an overseas customer for a total amount of approximately 14 billion RMB. The customer has a strong performance record, and there is no affiliation between the company and its subsidiaries with this customer. The signing of the contract will contribute to the company's business development, and the contract revenue will be gradually recognized based on progress. It is expected to have a positive impact on the company's revenue. The fulfillment of the contract will not affect the company's business independence or create a dependency on the contract counterparty. However, there may be uncertainties during the contract performance process due to unforeseen factors such as policy, market, and environmental issues. 2. Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology: Fined 8 Million RMB for Incomplete Disclosure of Important Contracts Zhejiang Haikong Nanke Huatie Digital Intelligence & Technology announced that the China Securities Regulatory Commission has issued a "Pre-Penalty Notice" to the company. It was found that the company had incomplete disclosure of important contracts and did not disclose key terms that would significantly impact the agreement's execution. The company was found to also have delayed disclosure of significant developments or changes in important contracts. The company is expected to be given a warning, be required to correct the issues, and be fined 8 million RMB. Additionally, the company's former general manager, director Hu Danfeng, former chairman Zhang Qiao, and former secretary of the board and deputy general manager Guo Haibin are also facing penalties. The company stated that there are no other risks of warnings or forced delisting for major violations. Currently, the company's operations and business activities are proceeding as normal. 3. Shandong Daye: Siasun Robot & Automation's Tendon Products Not Yet in Mass Production, No Substantial Revenue Generated Shandong Daye released a statement regarding abnormal stock trading, highlighting its involvement in the commercial aerospace concept in the market. The company revealed that it had provided capital to Hubei Sanjiang Aerospace Jiangbei Mechanical Engineering Co., Ltd. in cash in June 2021, increasing the registered capital by 26.2 million RMB to enhance its stake to 4.216%. The company focuses on the development and production of aerospace products such as Shaanxi Aerospace Power Hi-tech systems and antenna covers, but currently, its net profit is relatively small. The company's investment in this area is considered financial, and due to its small equity stake, the impact on the company's performance is minimal. The company is also involved in the "human-shaped Siasun Robot & Automation concept stocks." The company's main business still revolves around the development, production, and sale of tire cord steel wire, steel cord, and hose steel wire. The Siasun Robot & Automation tendon products are not yet in mass production, which means they have not generated substantial revenue, and there are significant uncertainties in terms of technological development, product competitiveness, and profitability of related businesses in the future. 4. Anhui Zhongding Sealing Parts: Planning to Establish a Joint Venture Company to Carry out Siasun Robot & Automation Product Joint Assembly Business to Support Complete Machine Assembly Anhui Zhongding Sealing Parts announced that its wholly-owned subsidiary, Anhui Ruisibo Siasun Robot & Automation Technology Co., Ltd., has signed a Project Cooperation Agreement with Shenzhen Zhiji Power Technology Co., Ltd. and Hefei Flexible Kete Siasun Robot & Automation Materials Co., Ltd. to jointly establish a limited liability company with a registered capital of 50 million RMB. Ruisibo will make a cash subscription of 30 million RMB, accounting for 60% of the registered capital; Zhiji Power will contribute 10 million RMB in technology, representing 20% of the registered capital; Flexible Kete will make a cash subscription of 10 million RMB, accounting for 20% of the registered capital. The new company will engage in joint assembly business for Siasun Robot & Automation products to support complete machine assembly. 5. Shenzhen Energy Group: Subsidiary Plans to Invest 6.822 Billion RMB in Constructing Electric Grid-Side Compressed Air Energy Storage Project Shenzhen Energy Group announced that its wholly-owned subsidiary, Shenzhen Northern Energy Holding Co., Ltd., plans to invest in the construction of the Shenzhen Xinlin Guole West Ujimqin Qi Electric Grid-Side Compressed Air Energy Storage Project. The total investment is 6.822 billion RMB, with 1.394 billion RMB being self-funded, and the remaining investment to be financed through financing. The company will increase its equity in the Northern Holding Company by 1.392 billion RMB to support its investment in the project company. The project aims to facilitate the integration of new energy sources into the grid, occupy key nodes in the power system, and align with national policies and the company's development strategy. 6. China Tourism Group Duty Free Corporation: Subsidiary Wins Bid for Beijing Capital International Airport Duty-Free Project Section 01 with Guaranteed Operating Fee of 480 Million RMB in the First Year China Tourism Group Duty Free Corporation announced that its wholly-owned subsidiary, China Duty Free (Group) Co., Ltd. has become the winning bidder for Section 01 of the Beijing Capital International Airport Duty-Free Project, with a guaranteed operating fee of 480 million RMB in the first year and a 5% sales commission for the first year. The operating period will run from the contract's starting date to February 10, 2034. The signing of this project will further enhance the company's channel advantages at core domestic airports, facilitating the satisfaction of shopping needs of inbound and outbound travelers at different levels and enhancing the diversity of duty-free shopping experiences, thereby promoting the high-quality development of airport duty-free business. If this project is successfully implemented, it will have a positive impact on the company's future operational performance. 7. Xinjiang Bai Hua Cun Pharma Tech: Planning for Change in Control, Stock to be Suspended from Trading from December 29 Xinjiang Bai Hua Cun Pharma Tech announced that its controlling shareholder, actual controller Mi Zaiqi, Mi Enhua, and Yang Xiaoling, are planning for a share transfer agreement that could lead to a change in the company's control. To ensure fair information disclosure and protect investors' interests, the company's stock will be suspended from trading starting from December 29, 2025, with an expected suspension period not exceeding 2 trading days. 8. Xinkai Mobile: Revenue from Satellite Internet Sector Accounts for a Low Proportion of Overall Operating Income, No Significant Impact on Company's Performance Xinkai Mobile issued a statement regarding abnormal stock trading, noting the high market attention towards concepts like "commercial aerospace" and "satellite internet." The company's main business currently focuses on mobile communication network equipment and mobile communication technology services, without any changes. The revenue from the satellite internet sector accounts for a low proportion of the company's overall operating income, thus having no significant impact on the company's performance. 9. JinFu Technology: Terminates Planned Acquisition of Shares of Guangdong Lanyuan Technology Co., Ltd. JinFu Technology announced the termination of the planned acquisition of not less than 51% of the shares of Guangdong Lanyuan Technology Co., Ltd. due to the failure to reach an agreement on key terms related to the transaction. In the secondary market, JinFu Technology's stock has been trading at the daily limit from November 24 to December 2. 10. Changjiang Pharmaceutical Group: Risks Forced Delisting Due to Suspected Falsification of Financial Data Changjiang Pharmaceutical Group announced that it is under investigation by the China Securities Regulatory Commission for suspected falsification of financial data in its financial reports. According to the "Pre-Penalty Notice," the company's annual reports for 2021 to 2023 contained false records, with inflated operating income and total profits. This could potentially trigger forced delisting due to significant violations. The company's stock may face delisting. As of now, no formal penalty decision has been received, and the company will fully cooperate with the investigation and fulfill its information disclosure obligations. 11. New Universal Science and Technology: Company Gifted 330 Million RMB Cash Assets New Universal Science and Technology announced that the company received a gift of cash assets and debt waivers to resolve the risk of delisting and maintain its status as a listed company. Industry investors Beijing Sui Rui Xinyuan Innovation Technology Center (Limited Partnership) and Sui Rui Technology Group Co., Ltd. plan to coordinate with related parties to gift the company cash assets not exceeding 330 million RMB. Additionally, the controlling shareholder Zhu Yesheng decided to waive the debt owed by the subsidiary Wanxiang Xinyuan (Ningxia) Intelligent Environmental Protection Technology Co., Ltd. to him, with the waiver amount not exceeding 50 million RMB. 12. Xi'An Peri Power Semiconductor Converting Technology: Under Investigation by China Securities Regulatory Commission for Suspected Illegal Information Disclosure Xi'An Peri Power Semiconductor Converting Technology announced that it received a "Notice of Filing" from the China Securities Regulatory Commission on December 26, 2025, due to suspected illegal information disclosure by the company. The company discovered accounting errors in a sales contract in 2024, leading to the delayed recognition of some revenue. The errors have been corrected, and adjustments have been made to the relevant periodic reports. Currently, the company's business activities are proceeding as usual, and it will cooperate with the China Securities Regulatory Commission and closely monitor the progress of the matter. 13. Suzhou Veichi Electric: Plans to Establish a Joint Venture Company with Zhejiang Rongtai Electric Material in Thailand to Expand the Intelligent Siasun Robot & Automation Electromechanical Integration Market Suzhou Veichi Electric announced that it has signed an "Intention Letter for Joint Venture" with Zhejiang Rongtai Electric Material to jointly establish a joint venture company in Thailand, with each party holding a 50% stake. The project aims to leverage the technical and resource advantages of both parties to expand the market for intelligent Siasun Robot & Automation electromechanical integration, jointly developing and producing electromechanical components, intelligent transmission systems, and supporting products to expand the business in intelligent Siasun Robot & Automation electromechanical integration. Abnormal Transaction Risk Reminder 1. Antong Holdings: Abnormal Stock Trading, Undisclosed Material Information 2. Shanghai Geoharbour Construction Group Co., Ltd.: Abnormal Stock Trading, Risk of Market Overheating and Irrational Speculation 3. Xiamen ITG Group Corp., Ltd.: Continuous Increase in Stock Price, Risk of Market Overheating and Irrational Speculation Share Buyback and Insider Trading 1. XCMG Construction Machinery: Controlling Shareholder Plans to Increase Company's Shares by not less than 80 million RMB and not more than 160 million RMB 2. Verisilicon Microelectronics (Shanghai) Co., Ltd.: Second Largest Shareholder, Dajin Fund, Plans to Reduce Shareholding by up to 1.7% 3. Hiecise Precision Equipment Co., Ltd.: Controlling Shareholder Plans to Reduce Shareholding by up to 2% 4. Shanghai HYP-ARCH Architectural Design Consultant: Shareholder Zhao Kai Plans to Reduce Shareholding by up to 2.1231% 5. Suzhou Chunqiu Electronic Technology: Shareholder Xin Chuo Xinrong No. 7 Private Equity Fund Plans to Reduce Shareholding by up to 0.74% Major Orders 1. Yuntian Lifei: Wins Bid for 1.22 Billion RMB AI Longgang Phase I Project, Strategic Cooperation Agreement with 360 Group 2. Guangzhou Zhiguang Electric: Controlled Subsidiary Zhiguang Energy Storage Signs 1.19 Billion RMB Energy Storage System Sales Contract 3. Ningbo Construction: Controlled Subsidiary Signs 4.51 Billion RMB Comprehensive Corridor Engineering Construction Contract 4. Shanghai Zhenhua Heavy Industries: Signs 11.488 Billion RMB Contract with Guangzhou Salvage Bureau 5. Shaanxi Huaqin Technology Industry: Controlled Subsidiary Signs 3.92 Billion RMB Business Contract This article was originally published on "Tencent Choose Stocks" and edited by Chen Xiaoyi for GMTEight.