A-share selected announcements | Zhejiang XCC Group (603667.SH): Stock prices have experienced a large short-term increase, there is a risk of irrational speculation.

1. Today's Focus 1. Advanced Micro-Fabrication Equipment Inc. China: Intends to acquire 64.69% equity of Hangzhou Zhong Silicon, stock to resume trading Advanced Micro-Fabrication Equipment Inc. China announced its intention to acquire 64.69% equity of Hangzhou Zhong Silicon held by a total of 41 trading parties, including Hangzhou Zhongxin Silicon, Ningrong Haichuan, Lin'an Zhongxin Silicon, Lin'an Zhong Silicon, Hangzhou Xinjiang, Hangzhou Zhongcheng Xin, etc., through the issuance of shares and cash payment. At the same time, the listed company plans to issue shares to raise funds from no more than 35 specific investors. The target company's main business is the research, development, production, and sales of Chemical Mechanical Planarization (CMP) equipment, which is a core wet process equipment, providing customers with overall solutions for CMP equipment. It is one of the few domestic enterprises that have mastered the core technology of 12-inch high-end CMP equipment and achieved mass production. 2. Shenzhen Capchem Technology: Plans to invest $260 million in constructing the Middle East Shenzhen Capchem Technology Lithium Ion Battery Materials Project in Saudi Arabia Shenzhen Capchem Technology announced its plan to use its current wholly-owned subsidiary, Middle East Shenzhen Capchem Technology, as the main implementation entity for investing in and constructing the Middle East Shenzhen Capchem Technology Lithium Ion Battery Materials Project in the Yanbu Heavy Industrial Park in Saudi Arabia, with a total planned investment of approximately $260 million (the actual investment amount is subject to actual investment and construction conditions). The project includes the construction of a production line with an annual output of 200,000 tons of carbonate solvent and 100,000 tons of ethylene glycol, as well as supporting public works, environmental protection facilities, etc. After the project is put into operation, it will further improve the company's global production capacity layout and overseas collaborative supply chain system, providing electrolyte solvents to overseas markets and expanding industry third-party customer markets and overseas revenue channels. 3. Suzhou Kelida Building & Decoration: Planning for a change in controlling ownership, stock to be suspended from January 5 Suzhou Kelida Building & Decoration announced that the company has received a notice from its controlling shareholder, Keli Group, that its shareholders Guyiming, Guyongdi, Gujia, and Lu Chongming intend to transfer their 100% equity of Keli Group. As of now, Keli Group directly holds 112 million unrestricted circulating shares of the company, accounting for 18.74% of the total share capital. If the transfer is completed, it will result in a change in the company's controlling ownership. The company's stock will be suspended from January 5, 2026, and the expected suspension period will not exceed 2 trading days. During the suspension period, the company will fulfill its disclosure obligations based on the progress of the matter. 4. Markor International Home Furnishings: Plans to acquire 100% equity of Shenzhen Wandesei Optoelectronics, stock to resume trading on Monday Markor International Home Furnishings announced that the company plans to acquire 100% equity of Shenzhen Wandesei Optoelectronics Technology Co., Ltd. through the issuance of shares and cash payment, and also plans to issue shares to raise funds for no more than 35 specific investors. The audit and evaluation work related to this transaction has not been completed, and the estimated value of the target assets and the transaction price have not been determined. This transaction does not constitute a major asset restructuring and does not constitute a restructuring for listing. The company's securities will resume trading from January 5, 2026 (Monday). The target company of this transaction, Wandesei, is mainly engaged in the research, development, production, and sales of high-speed copper cables and LOOPBACK intelligent loopback test modules used in server clusters and large server rooms. 5. Swancor Advanced Materials Co., Ltd.: Siacom's business is currently in the sample production stage and in the early stage of promotion Swancor Advanced Materials Co., Ltd. issued a stock trading risk warning announcement, stating that the company's Siacom's business is currently in the sample production stage and is in the early stage of promotion, and it will take a certain period and verification process for new product development to achieve mass production. The success of product development, the time of product launch, and the market promotion situation after the product is launched all have a certain degree of uncertainty. There are risks of slow research and development progress, changes in the market environment, intensified competition, insufficient market promotion, and customer development, which may result in the product's benefits falling short of expectations. The company cannot predict the impact on its revenue and profits in 2026. Investors are advised to fully understand the risks of secondary market trading, increase risk awareness, invest rationally, and pay attention to investment risks. 6. Xi'an Bright Laser Technologies: Investigated by CSRC for suspected illegal disclosure of information Xi'an Bright Laser Technologies announced that the company received a "Notice of Filing" from the China Securities Regulatory Commission on December 31, 2025, stating that the company is under investigation for suspected illegal disclosure of information. Currently, the company's production and operation activities are proceeding as usual, and the above-mentioned matters will not have a significant impact on the company's operation and management. During the investigation period, the company will actively cooperate with the CSRC's investigation work and strictly comply with relevant laws, regulations, and regulatory requirements to fulfill its disclosure obligations. 7. Tus-Design Group: Investigated by CSRC for suspected illegal disclosure of information Tus-Design Group announced that the company received a "Notice of Filing" from the China Securities Regulatory Commission on December 31, 2025, stating that the company is under investigation for suspected illegal disclosure of information. Currently, the company's business activities and operations are proceeding normally. During the investigation period, the company will actively cooperate with the CSRC's work and continue to monitor the progress of the matter, strictly complying with the relevant regulations and regulatory requirements to fulfill its disclosure obligations. 8. Beijing Shougang: Net profit expected to increase by 95%-125% year-on-year in 2025 Beijing Shougang announced its 2025 performance forecast, estimating that the net profit attributable to shareholders of the listed company will be between 920 million yuan and 1.06 billion yuan, an increase of 95.29%-125.01% year-on-year. During the reporting period, the company continued to optimize its product structure, adhering to the direction of high-end and differentiated development of products, providing important support for the improvement of the company's performance and maintaining operational resilience. Note: Q3 net profit was 296 million yuan, based on this calculation, Q4 net profit is expected to be between -33 million yuan and 107 million yuan. 9. Zejing Pharmaceutical: Reaches global strategic cooperation with AbbVie on the development and commercialization rights of ZG006, eligible for up to $1.075 billion milestone payments Zejing Pharmaceutical announced that it has reached a strategic cooperation and licensing option agreement with AbbVie Holdings, Inc. for the global development and commercialization of ZG006 (Alveltamig). Under the agreement, AbbVie has exclusive rights to develop and commercialize ZG006 (Alveltamig) outside of Greater China, while Zejing will retain the rights to develop and commercialize ZG006 in Greater China. According to the agreement, Zejing will receive an upfront payment of $100 million, as well as near-term milestone payments based on clinical progress and up to $60 million related to the licensing option; if AbbVie exercises the licensing option, Zejing will also be eligible for up to $1.075 billion in milestone payments, and receive tiered royalties from the high single digits to the mid-teens on net sales of products containing ZG006 outside Greater China. 10. Jahen Household Products Co., Ltd.: Controlling shareholder intends to change to Hangzhou Pindayi, stock to resume trading Jahen Household Products Co., Ltd. announced that founder Zeng Bensheng has signed a share transfer agreement with Hangzhou Pindayi, with Hangzhou Pindayi intending to acquire 19.40% by acquiring 19.5552 million shares, while on the same day, Zeng Bensheng signed agreements with Wenzhou Cangxiao and Hangzhou Runyi to transfer 5.20% and 5.10% of the company's shares, respectively. Zeng Bensheng waives 25.79% of the voting rights. Hangzhou Pindayi plans to make an irrevocable partial tender offer to all shareholders except itself and persons acting in concert, for a quantity of 21.2688 million shares, accounting for 21.10%. After this equity change, Hangzhou Pindayi, Wenzhou Cangxiao, and Hangzhou Runyi will together hold 29.70% of the company's shares and voting rights associated with those shares. The controlling shareholder of the listed company will change to Hangzhou Pindayi, with Xu Yi becoming the actual controller of the company. The company's stock will resume trading from January 5, 2026. 11. Luxshare Precision Industry: Plans to repurchase company shares for between 1 billion and 2 billion RMB for employee stock ownership plans or equity incentives Luxshare Precision Industry announced that the company plans to repurchase a portion of its already issued Renminbi ordinary shares (A-shares) through centralized bidding using its own funds or self-raised funds (including special loans for stock repurchases), with a repurchase price not exceeding 86.96 RMB per share, and the upper limit of the repurchase price not exceeding 150% of the average trading price of the company's stock for the 30 trading days before the board of directors approved the share repurchase plan. The total repurchase amount is planned to be no less than 1 billion RMB and not more than 2 billion RMB. 12. TianYu Bio-Technology: Actual controller Luo Weiguo receives criminal judgment, sentenced to three years imprisonment with a four-year probation TianYu Bio-Technology announced that the company received a "Criminal Judgment" from the Hangzhou Intermediate People's Court in Zhejiang Province on December 31, 2025, sentencing the actual controller Luo Weiguo to three years of imprisonment with a four-year probation and a fine of 1 million RMB for committing the crime of manipulating the securities market. Luo Weiguo is currently not in the position of the company's director or senior management. The above judgment does not affect the exercise of the actual controller's shareholder rights and will not have a significant adverse impact on the company's production and operation. Currently, the company's daily production and operation are proceeding normally, and all work is being carried out in an orderly manner. Market Risk Alerts 1. Shaanxi Aerospace Power Hi-tech: The company's stock price has risen sharply in the short term, there is a risk of irrational speculation and rapid price decline 2. WuHu Foresight Technology: The company's stock has risen by 31.02% for three consecutive trading days, which is considered abnormal volatility 3. Zhejiang XCC Group: The short-term price increase of the stock is large, posing a risk of irrational speculation Buybacks & Share Repurchases 1. Jiaze Renewables Corporation: Plans to repurchase shares for 220 million to 440 million RMB, all of which will be canceled to reduce the company's registered capital 2. Dagang Holding Group: Plans to repurchase shares for 20 million to 40 million RMB 3. JZJ Chain Drugstore Corporation: One of the concerted action persons intends to increase the company's shareholding by 50 million RMB 4. Guangdong Nedfon Air System: Shareholder Zhenzhong Investment intends to reduce its shareholding by up to 1.00% 5. Linkage Software Co., Ltd.: Shareholders intend to reduce their shareholding by no more than 1.43% of the company's shares Major Contracts 1. Nanjin Baose: Awarded a 273 million RMB related party project and signed a contract 2. Zhongman Petroleum And Natural Gas Group Corp., Ltd.: Signs the Iraq MF Block Research Service Agreement and Related Party Transaction, with a total bid amount of $4.4 million 3. Wuhan Huakang Century Clean Technology: Awarded a construction project worth 94.17 million RMB 4. Yueyang Forest & Paper: Subsidiary signs a contract confirmation letter for the cooperation and development of afforestation carbon sequestration resources in state-owned forest farms 5. Super Telecom: Signs an "Industry General Agent Cooperation Agreement" with Muxi Integrated Circuit This article is reprinted from "Tencent Select Stocks" and edited by GMTEight: Xu Wenqiang.