A-shares evening hot topics | Annual report explosion! Ningde+Hithink RoyalFlush Information Network performance soared.

1. Annual Report Explosion! Ningde+Hithink RoyalFlush Information Network Performance Double Surge Importance: Contemporary Amperex Technology announced that in 2025, its operating income was 423.702 billion yuan, a year-on-year increase of 17.04%, and its net profit was 72.201 billion yuan, a year-on-year increase of 42.28%. The company plans to distribute cash dividends of 69.57 yuan (tax included) per 10 shares to all shareholders, with a total cash dividend amount of approximately 31.532 billion yuan. Hithink RoyalFlush Information Network's 2025 performance exceeded expectations, with annual revenue of 6.029 billion yuan, a year-on-year increase of 44.00%; net profit attributable to the parent company was 3.205 billion yuan, a year-on-year increase of 75.79%. With the recovery of the A-share market, institutional and individual forces working together, the company achieved a quarterly revenue of 2.768 billion yuan in the fourth quarter, accounting for approximately 46% of the full year; and a quarterly net profit of 1.999 billion yuan, accounting for approximately 62% of the full year. 2. Taking Measures to Cool Down! Oil market volatility and risks continue to escalate, exchanges take multiple actions Importance: On March 9th, the prices of WTI crude oil and Brent crude oil futures in the United States and the UK surged by about 30% after opening, with prices approaching a high of nearly $120 per barrel at one point during the day, hitting a new high since the Russia-Ukraine conflict in March 2022. With the continued escalation of volatility and risks in the oil market, exchanges have taken measures to mitigate risks! After the market closed on March 9th, the Shanghai Futures Exchange and the Shanghai International Energy Exchange issued multiple announcements in succession, adjusting the trading limits, daily price limit ranges, and trading margin ratios for crude oil and other commodities. 3. Southbound Capital Buys Over 37 Billion Hong Kong Dollars, What Does It Signify? Importance: On March 9th, southbound capital had a net purchase amount of over 37 billion Hong Kong dollars, setting a new record for the highest single-day net purchase in history. Looking back since the launch of the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect, the previous record for the highest single-day net purchase by southbound capital was 35.876 billion Hong Kong dollars, which occurred on August 15, 2025. After several consecutive days of net inflows, the Hang Seng Index stabilized and rose. This time, southbound capital once again invested heavily in Hong Kong stocks, which may once again indicate that under external pressures, Hong Kong stocks are about to return to rational pricing. 4. Reports of Saudi Arabia Starting to Reduce Production, Analysts Say It's Just Supply Reallocation Importance: According to reports from foreign media, sources have indicated that due to the near blockade of the Strait of Hormuz and rapid filling of oil storage facilities, Saudi Arabia has begun to reduce oil production. Saudi state-owned company Saudi Aramco declined to comment on this. Amena Bakr, a reporter at the Energy Intelligence Group, commented that the news is not accurate, as the decrease in production occurred in oil fields that do not produce Arabian light crude and cannot be exported through the Yanbu port. It is actually a reallocation of supplies, not a production cut, as Saudi Aramco is exporting from storage facilities outside of Saudi Arabia. 5. Oil Prices to Increase on the Evening of March 9th, Filling Up a Full Tank of Gasoline Will Cost an Extra 27.5 Yuan Importance: According to monitoring by the Price Monitoring Center of the National Development and Reform Commission, due to the continued escalation of tensions between the US and Iran, international oil prices have risen significantly during this round of oil price adjustment cycle. Starting from 24:00 on March 9th, the retail prices of gasoline and diesel in China will be raised by 695 yuan and 670 yuan per ton, respectively. On average nationwide, the prices of 92-octane gasoline, 95-octane gasoline, and 0-grade diesel will be raised by 0.55 yuan, 0.58 yuan, and 0.57 yuan respectively. In total, using 92-octane gasoline to fill up a 50-liter fuel tank will cost an extra 27.5 yuan. 6. "Dividend Flagship" Hits an 18-Year High, High Dividend Cost Keywords of the Month? Importance: On March 9th, "dividend benchmark stock" China Shenhua Energy surged with heavy volume, closing with an increase of nearly 4.6%, reaching a new high of nearly 49.59 yuan, the highest in nearly 18 years since November 2007. Since the beginning of this month, from the perspective of index performance, the BSE 50 and the Sci-Tech Innovation 50 have experienced significant declines, with declines of 9.3% and 6.6% respectively, while the dividend index is the only one in the green, with a 2.4% increase during the month. 7. Why is China Relatively Resilient to Stock Market Declines Amidst the Stock Market Crash in Asian Markets? Importance: As the war in Iran causes a surge in oil prices, Asian stock markets continued to suffer heavy losses on the first day of the week. Amidst the widespread downturn, the Chinese stock market has shown relative resilience. Why is China more "resilient" to stock market declines? Analysts point out that the performance of the Chinese stock market compared to other Asian economies actually reflects the differences in the degree of dependence on oil exports from the Gulf region. More specifically, this reflects China's long-term energy planning and vast oil reserves. 8. US Stock Panic Index Soars Again, What Happened? Importance: On March 9th, the US stock panic index VIX soared by nearly 20% at one point, and the futures of the three major US stock indices experienced declines of over 2% at one point. The energy market is at the core of this round of volatility DRIVE. The soaring oil prices exacerbate inflation concerns in the US, with the market widely expecting the Federal Reserve to maintain interest rates for a longer period of time, and possibly raise rates again. In addition, with the ongoing and escalating tensions in the Middle East and no signs of easing, short-term investors have significantly increased their bets on a downturn in the US stock market, expecting further downward pressure on the market. From the self-selected stocks that are focused on the investment opportunities in the market, it is found that non-ferrous metals are drawing attention. 1. Four Nickel Plants in Indonesia Halt Production Due to Landslide Accident After a fatal landslide in a waste area of a factory last month, four nickel plants in Indonesia have temporarily halted production. According to sources, four high-pressure acid leach (HPAL) plants operating in the Morowali Industrial Park on Sulawesi Island, Indonesia (a major nickel production center in Indonesia), have suspended production, affecting facilities that account for 30% of Indonesia's HPAL production capacity. A person related to Huafu Fund stated that if oil is the "blood" of traditional industries, then rare metals are the "vitamins" of modern high-tech industries. Although their share in products may be small, once they are lacking, whether it is the stealth fighter jets soaring in the sky, the new energy vehicles cruising on the roads, or the AI computing chips reshaping the world, they will all be paralyzed. In addition, the following sectors are worth paying attention to: 2. Oil and Petrochemicals | The premium of the Brent crude near-term contract over the 6-month futures contract exceeds $36, reaching a historical high. 3. Drones | Trump's two sons bet on a new drone company, aiming at the demand from the Pentagon. 4. AI Glasses | The AI glasses of Qianwen sold first on the second day, ranking first on Tmall XR device hot sales overall list. Regarding the announcements that are leaning towards the positive side, self-selected brother suggests paying attention to China Bester Group Telecom's signing of over 400 million yuan computing resource service contract, etc.; on the negative side of the announcements, beware of COFCO Technology & Industry's shareholders reducing their holdings of shares, etc. Announcements Tending towards the positive side 1. China Bester Group Telecom signed a 429 million yuan computing resource service and related resource contract 2. Guhan Pharmaceutical Group: One of the controlling shareholders plans to increase their holdings by no less than 20 million yuan of the company's shares 3. Zhejiang Construction Investment Group: Subsidiary wins a 3.6 billion Hong Kong dollar project for the Kwai Chung cold storage storage and logistics center 4. BZS: Signs a 1.29 billion yuan equipment procurement and installation contract 5. Zhejiang Jindun Fans: Recently won bids and pre-bid projects totaling 85.0638 million yuan Announcements Leaning towards the negative side 1. COFCO Technology & Industry: Shengliang Investment and its concerted actors plan to collectively reduce their holdings by no more than 3% of the shares 2. Shangda Superalloys: Shareholders plan to collectively reduce their holdings by no more than 1.28% 3. Nanjing Xinlian Electronics: Controlling shareholders reduced their holdings by 0.91% of the shares from March 4th to 6th 4. Poly Developments and Holdings Group: Signed a contract area of 454,800 square meters in February, a decrease of 41.91% year-on-year 5. Luoniushan Co., Ltd.: Pig sales revenue in February was 80,220,600 yuan, a decrease of 20.34% year-on-year Key Companies' Performance Overview 1. Contemporary Amperex Technology: Achieved a net profit of 72.2 billion yuan in 2025, a year-on-year increase of 42.28%; plans to distribute 69.57 yuan every 10 shares 2. Guangzhou Tinci Materials Technology: Net profit of 1.362 billion yuan in 2025, a year-on-year increase of 181.43%; plans to distribute 3 yuan every 10 shares 3. Hithink RoyalFlush Information Network: Net profit of 3.205 billion yuan in 2025, a year-on-year increase of 75.79%; plans to distribute 51 yuan for every 10 shares converted This article is reprinted from "Tencent Self-selected Stocks", GMTEight Editor: Li Fo.