Selected A-share Announcement | Cambricon (688256.SH) is expected to have a net profit of approximately 1.8 to 2.1 billion yuan last year, turning losses into profits on a year-on-year basis.

Today's Focus 1. Cambrian: Net profit is expected to be between 1.85 billion yuan and 2.15 billion yuan in 2025, turning losses into profits year-on-year. Cambrian (688256.SH) announced that it is expected to achieve a net profit attributable to shareholders of the listed company of 1.85 billion yuan to 2.15 billion yuan in 2025, turning losses into profits year-on-year. During the reporting period, benefiting from the continuous increase in demand for computing power in the artificial intelligence industry, the company continued to expand the market with its excellent competitive products, actively promoted the landing of artificial intelligence application scenarios, and achieved a significant increase in operating income compared to the same period last year, thereby driving the overall operating performance of the company to improve, and achieving a turnaround in net profit. Note: Q3 net profit was 567 million yuan. Based on this calculation, Q4 net profit is expected to be between 245 million yuan and 545 million yuan, a quarter-on-quarter change of -56% to -3%. Analysts unanimously predict a net profit of 613 million yuan in the fourth quarter, lower than expected. 2. BlueFocus Intelligent Communications Group: Chairman Zhao Wenquan plans to reduce his holdings by no more than 20 million shares of the company's stock. BlueFocus Intelligent Communications Group announced that Chairman Zhao Wenquan plans to reduce his holdings by no more than 20 million shares, accounting for 0.5571% of the total share capital of the company, through centralized bidding or block trading within three months after fifteen trading days after the disclosure of the announcement. Director and Deputy General Manager Xiong Jian plans to reduce his holdings by no more than 354,500 shares, accounting for 0.0099% of the total share capital of the company during the same period through centralized bidding. The reason for the reduction is personal fund requirements. 3. Zhejiang Huayou Cobalt: Plans to cooperate in building an integrated battery industry chain project in Indonesia. Zhejiang Huayou Cobalt announced that the company's controlling subsidiary HYD has signed a cooperation framework agreement with ANTAM and IBC, and the three parties will collaborate in Indonesia to develop the entire industry chain of new energy vehicle batteries. The parties to this agreement plan to invest in and build an integrated battery industry in Indonesia, aiming to make Indonesia a production base for electric vehicle batteries and other battery application products, for supply to the domestic market of Indonesia, regional markets, and international markets, thereby having a positive impact on Indonesia's sustainable economic development. 4. ZheJiangJiHua Group: Controlling shareholder is planning for a change in control Rights, stock trading will be suspended from next Monday. ZheJiangJiHua Group announced that it has received a notification from its controlling shareholder, Hangzhou Jinhui Mechanical and Electrical Equipment Co., Ltd., that it is planning for the transfer of agreements relating to its holdings of some of the company's shares, which may lead to a change in the company's controlling shareholder and actual controller. To ensure fair disclosure of information and safeguard investor interests, the company's stock will be suspended from the opening of the market on February 2, 2026, and the suspension period is expected to not exceed two trading days. 5. Up-shine Lighting: Plans to acquire a 51% stake in Xiamen Xiazhi Precision Technology Co., Ltd. in cash, and the stock will resume trading. Up-shine Lighting announced that it intends to acquire a 51% stake in Xiamen Xiazhi Precision Technology Co., Ltd. held by Xiamen Maida Intelligent Technology Co., Ltd. by cash payment. After the completion of this transaction, Up-shine Lighting will become the controlling shareholder of Xiazhi Precision, and the target company will become a wholly-owned subsidiary of Up-shine Lighting. Before this transaction, Up-shine Lighting was mainly engaged in the research and development, design, manufacturing, sales, and services of LED green lighting products. Xiamen Xiazhi Precision focuses on the research and development, production, and sales of miniature drilling needles, and specializes in the core consumables of PCB manufacturing. After this transaction is completed, Up-shine Lighting's business will expand into the high-end field of specialized PCB drilling needles, which will accelerate its strategic transformation. In accordance with relevant regulations of the Shenzhen Stock Exchange, the company's shares will resume trading on the morning of February 2, 2026 (Monday). Performance forecasts/announcements 1. Western Region Gold: It is expected that the net profit for 2025 will be between 425 million yuan and 490 million yuan, an increase of 46.78%-69.23% year-on-year. 2. CICC: It is expected that the net profit for 2025 will be between 8.542 billion yuan and 10.535 billion yuan, an increase of 50%-85% year-on-year. 3. Shandong Gold Mining: It is expected that the net profit for 2025 will be between 4.6 billion yuan and 4.9 billion yuan, an increase of 56%-66% year-on-year. 4. 360 Security Technology Inc.: It is expected that the net profit for 2025 will be approximately 213 million yuan to 318 million yuan, turning losses into profits year-on-year. 5. Changchun High-Tech Industry: It is expected that the net profit for 2025 will be between 150 million yuan and 220 million yuan, a year-on-year decrease of 91%-94%. 6. Shenzhen Overseas Chinese Town: It is expected that the net loss for 2025 will be between 13 billion yuan and 15.5 billion yuan. 7. Beijing Quanshi World Online Network Information: It is expected that the net loss for 2025 will be between 86 million yuan and 153 million yuan in 10 days. 8. Kunlun Tech: It is expected that the net loss for 2025 will be between 1.35 billion yuan and 1.95 billion yuan. 9. Addsino Co., Ltd.: It is expected that the net loss for 2025 will be between 1 billion yuan and 1.65 billion yuan. 10. China Eastern Airlines Corporation: It is expected that the net loss for 2025 will be between 1.3 billion yuan and 1.8 billion yuan. 11. Air China Limited: It is expected that the net loss for 2025 will be between 1.3 billion yuan and 1.9 billion yuan. 12. Wingtech Technology: It is expected that the net profit for 2025 will be between -9 billion yuan and -13.5 billion yuan, resulting in a loss. 13. Huayi Brothers Media Corporation: It is expected that the net asset value at the end of 2025 will be between -94 million yuan and 63 million yuan, and the company's stock may be subject to delisting risk warning. 14. Beijing E-Hualu Information Technology: It is expected that the net profit for 2025 will be between -2.176 billion yuan and -2.791 billion yuan, and the company's stock trading may be subject to delisting risk warning. 15. Xi'an Tourism: It is expected that the net asset value for 2025 may be negative, and the stock trading may be subject to delisting risk warning. 16. Gansu Mogao Industrial Development: It is expected that the net loss for 2025 will be between 100 million yuan and 120 million yuan, and the stock may be subject to delisting risk warning. Share repurchases & changes in holdings 1. Top Resource Energy: Plans to repurchase company shares for between 100 million yuan and 150 million yuan. 2. Xiamen Leading Optics: Shareholder Yivada Partnership plans to reduce its holdings by no more than 2.92% of the shares. 3. Suzhou Novosense Microelectronics: Shareholder Guorun Ruiqi plans to reduce his holdings by no more than 0.36% of the shares, and Huie Yachie plans to reduce his holdings by no more than 1.39% of the shares. 4. Huafon Chemical: Shareholders Eugene Huan, Chen Linzhen, You Xiaoling, and You Xiaoyan plan to collectively reduce their holdings by no more than 0.73% of the shares. 5. Jolywood: Shareholder Lin Jianwei plans to reduce his holdings by no more than 3.00% of the shares. Large Orders 1. Guangzhou Haige Communications Group Incorporated: Received operating contracts worth approximately 335 million yuan. 2. Xiangyang Changyuandonggu Industry: Received a letter of intent from a new customer for engine cylinder heads and front-end box products. 3. UniTTEC Co., Ltd.: Won the bid for the 432 million yuan purchase of the signal system for the S2 line of the Taizhou City Urban Railway. 4. QiaoYin City Management: Won the bid for a 61 million yuan integrated environmental sanitation, gardening, and greening service project. This article is reproduced from Tencent self-selected stocks, GMTEight editor: Chen Wenfang.