Selected A-share Announcement | Four consecutive limit up for iReader Technology (603533.SH): The revenue from AI short drama business in 2025 is expected to account for no more than 1% of the main business revenue.

Focus today 1. HUA HONG SEMI: Achieved revenue of $660 million in the fourth quarter of 2025, a year-on-year increase of 22.4% HUA HONG SEMI announced on February 12th that it achieved revenue of $660 million in the fourth quarter of 2025, a year-on-year increase of 22.4% and a sequential decrease of 3.9%. The gross profit margin was 13.0%, a year-on-year decrease of 1.6 percentage points and a sequential decrease of 0.5 percentage points. Net profit attributable to ordinary shareholders of the company was $160 million, a year-on-year increase of 17.7% and a sequential decrease of 29.6%. Basic earnings per share were $0.5. 2. Jiangsu Chuanzhiboke Education Technology: Company's stock may be delisted Jiangsu Chuanzhiboke Education Technology announced on February 12th that the audited financial data for the year 2024 triggered the situation specified in Regulation 9.3.1 of the Stock Listing Rules, and the company's stock will be subject to delisting risk warning starting from April 23, 2025. If the company's annual report for 2025 discloses any of the situations specified in the regulation, the company's stock will face the risk of being delisted. 3. New Hope Liuhe: Application to issue shares to specific entities approved New Hope Liuhe announced on February 12th that it received a notification letter from the Shenzhen Stock Exchange regarding the approval of the company's application to issue shares to specific entities. The Shenzhen Stock Exchange review center reviewed the company's application to issue shares to specific entities and found that the company meets the issuance conditions, listing conditions, and disclosure requirements. Subsequently, the Shenzhen Stock Exchange will proceed with the relevant registration procedures as required by the China Securities Regulatory Commission. 4. Jiangyin Zhongnan Heavy Industries: Intends to acquire equity of Suilong Thermal Power and will be suspended from trading starting February 13 Jiangyin Zhongnan Heavy Industries announced on February 12th that the company is planning to acquire the equity of Jiangyin Suilong Thermal Power Co., Ltd. through the issuance of shares and cash payment, and to raise matching funds. The company's securities will be suspended from trading starting February 13, 2026. The company plans to disclose the details of the transaction within no more than 10 trading days, and apply for resumption of trading by March 9, 2026. 5. Shanghai Sinotec: Plans to issue convertible bonds and pay cash to acquire 100% equity of Meichuang Zhi Gan, stock trading suspended Shanghai Sinotec announced on February 12th that the company plans to purchase 100% equity of Meichuang Zhi Gan (Wuxi) Technology Co., Ltd. held by Wuxi Shengyi Industrial Investment Enterprise (Limited Partnership) through the issuance of convertible bonds and cash payment, as well as to raise matching funds by issuing shares to no more than 35 specific investors. This transaction is expected to constitute a related party transaction and a major asset restructuring, but not a backdoor listing. The company's A shares will be suspended from trading starting February 13, 2026, with the expected suspension period not exceeding 10 trading days. 6. 4 consecutive boards IReader Technology: Expected AI short film business revenue for 2025 to be less than 1% of main business revenue for 2025 IReader Technology announced on February 12th that the company's stock price has deviated by more than 20% for three consecutive trading days, indicating abnormal fluctuation in stock trading. As of the date of this announcement, the company's main business has not undergone significant changes, its production and operation activities are normal, and there have been no significant changes in its daily operations or external environment. The company expects the revenue from its AI short film business in 2025 to be less than 1% of the main business revenue for 2025. Investors are advised to pay attention to investment risks, make rational decisions, and invest cautiously. 7. Telink Semiconductor (Shanghai) Co., Ltd.: Third largest shareholder National Big Fund reduces holdings by 4.6513 million shares, ownership drops below 5% Telink Semiconductor (Shanghai) Co., Ltd. announced on February 12th that the National Big Fund reduced its holdings by 4.6513 million shares from December 24, 2025 to February 12, 2026, accounting for 1.932040% of the company's total share capital. The original plan was to reduce by no more than 2%, with 163.6 thousand shares not yet completed. After this equity change, the National Big Fund holds 12.0371 million shares of the listed company, accounting for 4.999984% of the total share capital, no longer being a shareholder holding more than 5% of the company. 8. Sharetronic Data Technology: Plans to purchase servers worth up to 11 billion yuan to provide cloud computing services to customers Sharetronic Data Technology announced on February 12th that the company and/or its subsidiaries plans to purchase servers from multiple suppliers (collectively referred to as "X") for business development needs. They will sign relevant procurement contracts, with the total amount expected to be no more than 11 billion yuan. The company and/or its subsidiaries' purchase of servers will mainly be used to provide cloud computing services to customers. On February 12th, the company held the eleventh meeting of the fourth board of directors, unanimously approving the "Proposal on the Company's Purchase of Assets." The transaction amount accounts for more than 50% of the company's most recent audited net assets and total assets, respectively, requiring further approval by the company's shareholders' meeting. This transaction currently does not require any other approval procedures, nor are there significant legal obstacles. 9. Crystal Clear Electronic Material: Plans to invest 600 million yuan to build a comprehensive base for key materials in the integrated circuit manufacturing industry chain in the western region Crystal Clear Electronic Material announced on February 12th that the company signed an investment agreement with the People's Government of Pengshan District, Meishan City, planning to invest in the construction of a comprehensive base for key materials in the integrated circuit manufacturing industry chain in the Western region, located in the Economic Development Zone of Pengshan, Sichuan. This will include projects such as an annual production of 200,000 tons of ultra-high-purity electronic-grade and industrial-grade sulfuric acid, an annual production of 220,000 tons of steam, an annual production of 30,000 tons of ultra-pure electronic-grade hydrogen peroxide, and a project for the recycling and reuse of waste acid in the integrated circuit industry. The total investment for the project is 600 million yuan, with an estimated annual output value of approximately 600 million yuan and an annual tax payment of around 30 million yuan. The project is expected to commence construction by the end of June 2026, be completed within 18 months, and start operation. 10. Henan Yuneng Holdings: Increased capital targets not related to chip manufacturing, chip leasing, or cloud services industries Henan Yuneng Holdings announced on February 12th that the industry of the increased capital targets is Internet Data Center (IDC), which is a type of infrastructure for the construction, operation, and services of servers for internet companies, governments, financial institutions, etc. This is mainly achieved through the construction of buildings and supporting facilities (such as power supply, cooling, etc.) that meet telecommunications-level data center specifications, providing comprehensive services such as hosting and operations for servers to internet companies, governments, and financial institutions. Data centers are a new type of infrastructure in the Information Age and do not belong to the industries of chip manufacturing, chip leasing, or cloud services. After the project is completed and operational, the overall profitability is relatively stable, with profit margins lower than those in chip manufacturing and cloud services industries. 11. Shanghai Broadband Technology: Stock may be delisted Shanghai Broadband Technology announced on February 12th that due to the company's operating income of 17.2267 million yuan in 2024, and operating income of 6.5208 million yuan after deducting non-core business income and income without commercial significance, resulting in a total profit of -7.2353 million yuan, and a net profit attributable to the owners of the parent company of -5.6828 million yuan, and a net profit attributable to the owners of the parent company after deducting non-recurring gains and losses of -5.6888 million yuan, triggering the situation specified in clause 9.3.2(1) of the Shanghai Stock Exchange Stock Listing Rules, the company's stock was put on delisting risk warning starting from April 30, 2025. If the audited 2025 annual report of the company triggers one of the situations leading to delisting, the company's stock will be delisted. 12. Jiamei Food Packaging: May apply for another trading suspension check if stock price continues to rise abnormally Jiamei Food Packaging announced on February 12th that if the company's stock price continues to rise abnormally, the company may apply for another trading suspension check with the Shenzhen Stock Exchange. A recent regulatory update on the Shenzhen Stock Exchange website on February 6, 2026, showed that the company's stock has been under close monitoring by the exchange in the near term. The current capitalization pathway and relationship between Zhuyue Hongzhi and listed companies are unrelated. Zhuyue Hongzhi is mainly engaged in the business related to Siasun Robot & Automation, and is planning independent capital operations. The capital operation plan is completely independent of the listed company, and there is no plan to inject it into the listed company in any form. 13. Chongqing Polycomp International Corporation: Electronic-grade glass fiber as part of company's product system, a basic raw material for printed circuit boards (PCB) Chongqing Polycomp International Corporation announced on February 12th that the company's stock has deviated by more than 30% for three consecutive trading days, indicating abnormal fluctuation in stock trading. Recently, the company has noticed discussions in the media regarding the industry and related business. The company mainly engages in research, production, and sales of glass fibers and their products, which are widely used in various fields such as building materials, electronics, electrical, and industrial manufacturing. Electronic-grade glass fiber is a part of the company's product system and is a basic raw material for printed circuit boards (PCB). Through self-inspection, the company has not seen any significant changes in its core business operations, nor found any media reports or market rumors that need clarification or response, or any other significant events that may have a major impact on the company's stock trading price. Investors are advised to pay attention to risks and make rational investments. Performance forecast/flash report 1. Shanxi Lu'an Environmental Energy Dev. Co., Ltd: Coal production in January 2026 reached 5 million tons 2. CHINA RES LAND: Contract sales amount in January is approximately 11.65 billion yuan, with an increase of 0.4% 3. China Coal Energy: Coal sales volume in January was 20.05 million tons, a decrease of 7.3% year-on-year 4. Beijing JCZ Technology: Net profit increased by 22.20% in 2025 5. Hua Xia Bank: Net profit was 27.2 billion yuan in 2025, a decrease of 1.72% year-on-year 6. Jiangsu Gdk Biological Technology: Loss of 173 million yuan in 2025 7. Hangzhou Toka Ink: Net profit was 109 million yuan in 2025, a decrease of 21.97% year-on-year 8. Rigol Technologies: Net profit was 85.205 million yuan in 2025, a decrease of 7.69% year-on-year 9. Gripm Advanced Materials Co., Ltd.: Net profit was 70.9115 million yuan in 2025, an increase of 19.41% year-on-year Buyback & Increase/Decrease Holdings 1. Quzhou Xin'an Development: Controlling shareholder proposes to buy back company shares for 100 million to 200 million yuan 2. ZJAMP Group: Xinghe Group has increased holdings by 0.52% 3. Fuda Alloy Materials: Controlling shareholder Wang Dawu plans to reduce holdings by no more than 3% 4. Beijing Caishikou Department Store Co., Ltd.: Shareholder Mingpai Industry plans to reduce holdings by no more than 3% 5. Suzhou Maxwell Technologies: Controlling shareholders Zhou Jian and Wang Zhenggen have each reduced holdings by 1.93% 6. Guangzhou Haige Communications Group Incorporated: Shareholder Yang Haizhou plans to reduce holdings by no more than 0.1624% Large Orders 1. Metallurgical Corporation of China: New contract amount in January is 73.65 billion yuan, with overseas new contract amount of 3.21 billion yuan 2. Guangdong Songfa Ceramics: Subsidiary sign 17 shipbuilding contracts, with a total contract amount of 16-18 billion US dollars 3. Qingdao TGOOD Electric: Expected to win the bid for Huaren New Energy Tulufan Tuokesun 1 million kilowatt wind power project 4. VT Industrial Technology: Signed strategic cooperation framework agreement with Anfeno (Changzhou) Connection System Co., Ltd. 5. Xi'An Peri Power Semiconductor Converting Technology: Signed technical cooperation agreement for project, planning to conduct technical research in the field of high-capacity power semiconductor devices 6. Guangzhou Zhiguang Electric: Subsidiary signed 210 million yuan energy storage equipment procurement contract Other 1. Hubei Guangji Pharmaceutical: Obtained registration certificate for Mecobalamin tablets 2. Fuan Pharmaceutical: Subsidiary's drug selected for national centralized procurement of drugs 3. Jilin Aodong Pharmaceutical Group: Controlling subsidiary Yanbian Yaoye obtained 10 Chinese herbal granule listing filing certificates