A-share Announcement Highlights | Yangtze Optical Fibre and Cable Joint Stock (601869.SH): Shareholder Wuhan Yangtze Communication Industry Group intends to reduce its shareholding by no more than 0.12%.

Today's focus 1. Walvax Biotechnology: The actual controller will change to Huang Tao, trading will resume tomorrow Walvax Biotechnology announced that the company is planning to issue shares to Tengyunxinwo at a price of 9.63 yuan per share, raising a total of no more than 2.003 billion yuan, all of which will be used to supplement working capital after deducting issuance expenses. After the issuance, Tengyunxinwo will hold a 11.51% stake, and with its concerted action persons will hold a total of 14.46% of the shares. The company's controlling shareholder will change to Tengyunxinwo, and the actual controller will change to Huang Tao. The company's stock will resume trading from March 19. Note: Since its listing on the Shenzhen Growth Enterprise Market in 2010, Walvax Biotechnology has been in a long-term state without a controlling shareholder or actual controller. 2. Zotye Automobile: Wholly-owned subsidiary Shenzhen Kang Automobile Body resumes work and production Zotye Automobile announced that its wholly-owned subsidiary Zhejiang Shenzhen Kang Automobile Body Mould Co., Ltd. resumed work and production on March 18, officially resuming production operations. This resumption of work and production will help improve the company's parts supply system and lay the supply chain foundation for new platform development and new vehicle production. However, Shenzhen Kang Automobile Body's resumption of work and production is still in the initial stage, and factors such as capacity ramp-up and supply chain coordination will require time to adjust, and the stability of production operations remains to be verified. In addition, the company is currently facing significant financial pressure and debt burden, with significant uncertainty in fully restoring its vehicle business. 3. Suning.com Co., Ltd.: Intends to sell 100% stake in four subsidiaries for 8 yuan, expected to increase the company's net profit by about 117 million yuan Suning.com Co., Ltd. announced that its subsidiaries Jiangsu Suning Commercial Investment Co., Ltd. and others have signed equity transfer agreements with Guangdong Ruifengrong Enterprise Management Co., Ltd., selling 100% stakes in Xiangyang Le Mai Sales Co., Ltd., Zhuzhou Le Mai Sales Co., Ltd., Yantai Le Mai Sheng Trade Co., Ltd., and Liaoning Le Mai Trade Co., Ltd. for a total transfer price of 8 yuan. After this transaction is completed, the above-mentioned companies will no longer be included in the company's consolidated financial statements. This transaction is expected to have a positive impact on the company's current financial condition and operating results. After preliminary calculations by the company's financial department, as of December 31, 2025, it is estimated that this transaction will increase the company's net profit attributable to shareholders by approximately 117 million yuan. Note: The negative asset companies being sold will no longer be included in the consolidated financial statements, which can offset internal balances and generate accounting profits, thereby improving the financial statements. 4. GCL System Integration Technology: Qianhai Financial Holdings reduced its holdings by 58 million shares from March 12 to March 17 GCL System Integration Technology announced that the reduction plan of Shenzhen Qianhai Orient International Enterprise, Financial Holdings Co., Ltd. has been completed. Qianhai Financial Holdings reduced its holdings by 58 million shares through centralized bidding from March 12 to 17, 2026, accounting for 0.9914% of the company's total share capital. After this reduction, Qianhai Financial Holdings' shareholding will decrease from 5.0478% to 4.0486%, no longer being a shareholder holding more than 5% of the company. 5. Yangtze Optical Fibre And Cable Joint Stock: Shareholder Wuhan Yangtze Communication Industry Group plans to reduce its shareholding by no more than 0.12% Yangtze Optical Fibre And Cable Joint Stock announced that shareholder Wuhan Yangtze Communication Industry Group, for its own operational development needs, plans to reduce its shareholding by no more than 1 million shares, accounting for 0.12% of the company's total share capital by centralized bidding trading from April 10 to July 9, 2026. Stock Risk Alerts Shanghai Shunho New Materials Technology: The "counting the earth" business may have a competitive advantage over ground data centers in the next 5-10 years. Orbital Chen Guang may face competitive pressure from peer companies in this process. Buyback & Increase/Decrease Holdings 1. Nanya New Material Technology: Repurchased 686,200 shares, total payment of 90,236,900 yuan 2. Jadard Technology Inc.: Controlling shareholder and concerted action person intends to increase holdings by 20-40 million yuan 3. Huada Automotive Technology Corp., Ltd: Director and General Manager Ge Jianghong intends to increase holdings by 15-30 million yuan 4. Wells Advanced Materials: Shareholder Dongrui International intends to reduce holdings by no more than 3% of shares 5. Zbit Semiconductor, Inc.: Three shareholders intend to collectively reduce holdings by no more than 3% of the company's shares 6. Zhejiang Tenchen Controls: Shareholder Yuan Cheng Fund intends to reduce holdings by no more than 1% of shares 7. Guangdong Dowstone Technology: Shareholder Jia Ziqiang intends to reduce holdings by no more than 0.99% of shares Major Orders 1. Hangzhou Hirisun Technology Incorporated: Signed first commercial contract for 50MW HGT51F gas turbine 2. Frontline Biotech: Received an initial payment of $40 million from GlaxoSmithKline 3. XGIMI Tech Co., Ltd.: Wholly-owned subsidiary obtained designated development of in-vehicle projection from car manufacturers Other 1. Shijihengtong Technology: Some shares of actual controller were frozen due to divorce disputes 2. Smartgiant Technology: Partial funds in bank fundraising account were frozen 3. CCS Supply Chain Management: Majority shareholder's shares were placed under provisional freeze This article is reprinted from "Tencent Self-selected Stocks", GMTEight editor: Xu Wenqiang.