A-share announcement selection | Semiconductor Manufacturing International Corporation (688981.SH) plans to acquire 49% equity of North China Semiconductor, and the listing of Shanghai Guijiu may be terminated.

Focus Today 1. Tibet Development: Received the court's decision to postpone pre-reorganization Tibet Development announced on February 25th that the company received a "Decision" from the Intermediate People's Court of Lhasa City, Tibet Autonomous Region on July 25, 2023. Following a creditor's application, the Lhasa Intermediate People's Court decided to pre-reorganize the company and appointed Shanghai Jintiancheng Law Firm as the temporary administrator. The court granted an extension of one month for the pre-reorganization, from February 26, 2026 to March 25, 2026. 2. Founder: Implementation period of reduction plan expires, CHINA CINDA did not reduce company shares Founder announced on February 25 that the company's shareholder CHINA CINDA did not reduce the company's shares between November 26, 2025 and February 25, 2026. The planned reduction of up to 82.32 million shares, approximately 1.00% of the total share capital, did not occur. 3. Kunming Chuan Jin Nuo Chemical: Market rumors suggest that the U.S. may classify phosphorus and glyphosate as national security priorities, with unclear impact on the company Kunming Chuan Jin Nuo Chemical announced on February 25 that the company's stock price had a cumulative deviation of 34.18% over two consecutive trading days. Market rumors suggest that the U.S. may classify phosphorus and glyphosate as national security priorities. The actual impact of this on the company's operations is unclear, and investors are advised to make decisions rationally and be aware of investment risks. 4. Zhejiang Huilong New Materials: Planning for a change in control of the company, stock will be suspended from tomorrow Zhejiang Huilong New Materials announced on February 25 that the controlling shareholder, Shen Shunhua, is planning major changes that could result in a change in the company's control. To ensure fair disclosure of information and protect investor interests, the company's stock will be suspended from February 26, 2026, for up to 2 trading days. 5. Semiconductor Manufacturing International Corporation: Application for issuance of shares to purchase assets and related party transactions accepted by the Stock Exchange Semiconductor Manufacturing International Corporation announced on February 25 that the company plans to issue shares to acquire a 49% stake in North Semiconductor from the National Integrated Circuit Industry Investment Fund and others. The application for this transaction has been accepted by the stock exchange and further approvals are awaited. 6. Hygon Information Technology: Expects a 23% to 42% year-on-year increase in net profit for the first quarter of 2026 Hygon Information Technology announced on February 25 that it expects a net profit of 620 million to 720 million yuan in the first quarter of 2026, representing a year-on-year increase of 22.56% to 42.32%. The company continues to increase research and development investment and improve product competitiveness, expecting growth in high-end processor products. 7. Eurocrane(China)Co.: Controlling shareholder plans to transfer company shares, stock will be suspended from tomorrow Eurocrane(China)Co. announced on February 25 that the controlling shareholder is planning to transfer company shares, which may result in a change in the company's control. Due to uncertainties surrounding this, the company's stock will be suspended from February 26, 2026, for up to 2 trading days. 8. IReader Technology: Normal production and operation, no undisclosed significant events IReader Technology announced on February 25 that the company's stock has seen abnormal trading fluctuations. However, the company's production and operation are normal, with no significant changes in business activities. There are no undisclosed significant events that could affect trading. 9. Shenzhen Topraysolar: Controlling shareholder Aoxin Investment plans to reduce holdings by no more than 3% Shenzhen Topraysolar announced on February 25 that the controlling shareholder, Aoxin Investment, plans to reduce its holdings by no more than 42.249 million shares, accounting for 3% of the total share capital within three months. 10. Zhiyang Innovation Technology Co.,Ltd.: Terminates major asset restructuring, stock to resume trading Zhiyang Innovation Technology Co.,Ltd. announced on February 25 that it has decided to terminate the planned major asset restructuring. The company's stock will resume trading from February 26, 2026. 11. Toly Bread Co., Ltd.: Controlling shareholder Wu Zhigang and acting in concert Xiaoshuyan plan to reduce their combined holding by not more than 3.00% Toly Bread Co., Ltd. announced on February 25 that the controlling shareholder and actual controller plan to reduce their holdings by a total of 41.974 million shares, accounting for 2.62% of the total share capital. The reduction period is from March 19, 2026, to June 18, 2026. 12. Shanghai Guijiu: Risks of being delisted Shanghai Guijiu announced on February 25 that the company faces the risk of being delisted due to significant fluctuations in its stock price and financial issues. 13. Nuode New Materials: Risks of a rapid decline following a quick rise Nuode New Materials announced on February 25 that the company's stock has shown abnormal trading fluctuations. The company's production and operation are normal, but there may be risks of a rapid decline following a quick rise in the stock price. 14. Shandong Hiking International: Company and actual controller under investigation by China Securities Regulatory Commission for suspected illegal disclosure Shandong Hiking International announced on February 25 that the company and its actual controller are under investigation by the China Securities Regulatory Commission for suspected illegal disclosure. Financial Forecasts/Reports 1. Nanya New Material Technology: Net profit for 2025 was 241 million yuan, a year-on-year increase of 378.65%. 2. Hefei I-TEK OptoElectronics: Net profit for 2025 was 64.0919 million yuan, a year-on-year increase of 307.63%. 3. Thinkon Semiconductor Jinzhou Corp.: Net profit for 2025 was 101 million yuan, a year-on-year increase of 146.54%. 4. Qingdao Daneng Environmental Protection Equipment: Net profit for 2025 was 181 million yuan, a year-on-year increase of 94.62%. 5. Circuit Fabology Microelectronics Equipment: Net profit for 2025 was 290 million yuan, a year-on-year increase of 80.42%. 6. Anhui XDLK Microsystem Corporation: Net profit for 2025 was 302 million yuan, a year-on-year increase of 36.10%. 7. Zhejiang Zhigao Machinery: Net profit for 2025 was 120 million yuan, a year-on-year increase of 14.12%. 8. Guangzhou Zhujiang Brewery: Net profit for 2025 was 903 million yuan, a year-on-year increase of 11.42%. 9. Shenzhen Transsion Holdings Co., Ltd.: Net profit for 2025 was 2.584 billion yuan, a year-on-year decrease of 53.43%. 10. Qingdao Hanhe Cable: Net profit for 2025 was 592 million yuan, a year-on-year decrease of 9.59%. 11. Hygon Information Technology: Net profit for 2025 was 2.542 billion yuan, a year-on-year increase of 31.66%. Share Repurchases/Increases/Reductions 1. Wens Foodstuff Group: Plans to repurchase shares worth 8-12 billion yuan for employee ownership plans or equity incentive. 2. Hangzhou Guotai Environmental Protection Technology: Plans to repurchase shares worth 50-100 million yuan for employee ownership plans or equity incentive. 3. Sino Medical Sciences Technology Inc.: Plans to repurchase shares worth 15-30 million yuan. 4. Hylink Digital Solutions: Controlling shareholder completes acquisition of 1% stake. 5. Sichuan Gold: Shareholder Beijing Jinyang plans to reduce holdings by not more than 2.1190%. 6. Fujian Tendering: Shareholder Longhaitouzi plans to reduce holdings by not more than 3%. 7. Zhejiang Chenfeng Technology: Shareholder Hongwo completes reduction of 3% stake. Large Orders 1. Guangzhou Zhiguang Electric: Subsidiary wins bid for 1.82 billion yuan Southern Power Grid tender project. 2. HuaDian Heavy Industries: Wins bid for 827 million yuan Inner Mongolia Huadian Tenggeri 4x100,000 kW coal power project. 3. Guangdong Songfa Ceramics: Signs contract for construction of 3 super-large crude oil transport ships worth approximately 3-4 billion US dollars. 4. Beijing Creative Group: Wins bids for projects totaling approximately 588 million yuan. 5. Xinjiang Beixin Road & Bridge Group: Wins bid for G60 Shanghai-Kunming Expressway reconstruction project worth 7.51 billion yuan. 6. Zhiyang Innovation Technology Co., Ltd.: Signs strategic investment agreement with Lingming Photonics, with an initial investment of 3 billion yuan. Other 1. Shanghai Fosun Pharmaceutical: Controlling subsidiary's drug receives clinical trial approval. 2. Tuoxin Pharmaceutical Group: Subsidiary obtains Coenzyme Q10 raw material production license. 3. China Meheco Group: Subsidiary Kangli Pharma receives registration certificate for injection use of Phosphatidylserine. 4. Kexing Biopharm: GB19 injection receives clinical trial approval. 5. Muyuan Foods: Plans to change company name to Muyuan Food Group Co., Ltd. This article is a compilation from "Tencent Stock Selection". Editor: Jiang Yuanhua.