A-share announcement selection | WuXi AppTec (603259.SH): Completed repurchase of shares totaling 1 billion yuan at an average repurchase price of 103.08 yuan per share.

Today's Focus 1. Forehope Electronic: Plans to invest 10.3 billion yuan to build the third phase of the high-end integrated circuit (IC) packaging and testing project Forehope Electronic announced that the company plans to invest in the construction of the "third phase of the high-end integrated circuit IC packaging testing project," with a total planned investment of 10.3 billion yuan. The project's main product lines include BUMP, 2.5D, FC, WB, etc., and will be located in Yuyao City, Ningbo, Zhejiang Province. The construction period is estimated to be 96 months. The funds will come from self-financing, bank loans, or other self-raised funds. This investment is still subject to approval by the company's shareholders' meeting and there are risks related to land use rights acquisition, administrative approvals, and market changes. 2. China Petroleum Engineering: Accumulated new contract value of 80.247 billion yuan from January to May 2026, a year-on-year increase of 57.07% China Petroleum Engineering announced that the accumulated new contract value from January to May 2026 reached 80.247 billion yuan, a year-on-year increase of 57.07%. In May, the new contract value was 8.432 billion yuan, with one contract exceeding 1 billion yuan, amounting to 17.14 billion yuan, for the construction of the Shandong Pipeline North Trunk Line Project (Phase One) of the National Oil and Gas Pipeline Group Limited Construction Project Management Branch Company. By market region, the new contract value in the domestic market was 41.702 billion yuan, accounting for 51.97%; in the overseas market, it was 38.545 billion yuan, accounting for 48.03%. In terms of professional fields, the oil and gas field surface engineering business was 39.595 billion yuan, accounting for 49.35%. These figures are interim statistics, and future operating income and contract amounts may not completely match. 3. WuXi AppTec: Completes a 1 billion yuan share repurchase, with an average repurchase price of 103.08 yuan per share WuXi AppTec announced that the company completed the share repurchase on June 25, 2026, repurchasing a total of 9.7012 million A-shares through centralized bidding transactions, accounting for 0.33% of the total share capital of the company. The highest repurchase price was 118.48 yuan per share, the lowest was 95.11 yuan per share, and the average repurchase price was 103.08 yuan per share, with a total fund amount of 1 billion yuan (excluding transaction costs). The repurchased shares will be used for an employee shareholding plan, and any unused portion after three years will be canceled. 4. China Eastern Airlines Corporation: Plans to purchase 25 A330NEO series aircraft for 9.35 billion US dollars China Eastern Airlines Corporation announced that on June 26, 2026, the company signed an agreement with Airbus to purchase 25 A330NEO series aircraft, with a total list price of approximately 9.35 billion US dollars (about 63.735 billion yuan). The aircraft is planned to be delivered in batches between 2029 and 2033. 5. Wuliangye Yibin: Elects Deng Min as Chairman of the Board Wuliangye Yibin announced that due to the inability of the chairman to perform his duties, the company held the 2025 Annual Shareholders' Meeting on June 26, 2026, and approved the motion to "Remove Directors and Re-elect the 7th Board of Directors Non-Independent Directors." The Board of Directors also approved the motion to "Elect the Chairman of the 7th Board of Directors," electing Deng Min as the Chairman of the 7th Board of Directors of the company. 6. Fine Made Microelectronics Group: Expects a net profit of 90-110 million yuan in the first half of 2026, turning losses into profits year-on-year Fine Made Microelectronics Group announced that they expect a net profit attributable to shareholders of 90-110 million yuan in the first half of 2026, turning losses into profits year-on-year. The performance improvement is mainly due to the company's market-oriented approach, deepening technological innovation, product iteration, and promoting product structure optimization, leading to significant growth in sales revenue and net profit. 7. Xtc New Energy Materials(Xiamen) Co., Ltd.: Intends to establish a subsidiary to invest in a 10,000-ton annual production capacity lithium ion positive electrode material project in Malaysia Xtc New Energy Materials(Xiamen) Co., Ltd. announced that the company plans to establish a wholly-owned subsidiary, Xtc New Energy Materials(Xiamen) Co., Ltd., in Hong Kong, and to establish a holding subsidiary in Malaysia in a joint venture with EMI to invest approximately 64.58 million US dollars (equivalent to approximately 450 million yuan) in the construction of a 10,000-ton annual production capacity lithium ion positive electrode material project. The project is funded by self-financing and self-raised funds, and the construction period is planned from September 2026 to June 2027. The investment aims to improve overseas production capacity layout to meet overseas market demand and does not constitute a related party transaction or major asset restructuring. 8. Qinglong Pipes Industry Group: Wins a 557 million yuan PCCP pipe purchase project Qinglong Pipes Industry Group announced that the company has been confirmed as the winning bidder for the procurement of PCCP pipes for the Guixibei North Guanhua River Valley Irrigation Project in Guixi, Northwest Guangxi. The company received a "Winning Notification" from the Longjiang River Valley Development and Construction Co., Ltd., with a bid amount of 5.57 billion yuan, accounting for 21.18% of the company's audited total operating income in 2025, with a delivery period of 48 months. 9. Shanghai Material Trading: Receives an administrative supervision decision from the Shanghai Securities Regulatory Bureau Shanghai Material Trading announced that the company has received an administrative supervision decision from the Shanghai Securities Regulatory Bureau, pointing out that from 2022 to 2024, the company's subsidiary Shanghai Bailian Hutong Auto Sales Co., Ltd., did not meet the conditions for total amount recognition in the wholesale business of complete vehicles. The company recognized sales revenue and purchasing costs according to the total amount method, violating the "Enterprise Accounting Standard No. 14 - Revenue" and the "Regulations on Information Disclosure by Listed Companies." The company also did not correct similar businesses in 2022 and 2023, violating the relevant regulations. 10. PNC Process Systems: Receives a warning letter from the Shanghai Securities Regulatory Bureau due to accounting errors resulting in inaccurate financial data from 2021-2024 PNC Process Systems announced that the company received a warning letter from the Shanghai Securities Regulatory Bureau due to accounting errors resulting in inaccurate financial data from 2021-2024. Violations included failure to recognize investment funds as financial liabilities, incorrect accounting for real estate as investment property, failure to separately disclose contract liabilities and accounts receivable, etc. The company has corrected the accounting errors, and the administrative supervision measures will not affect the company's normal business activities. 11. Ningbo Huaxiang Electronic: Expects a net profit of 610-690 million yuan in the first half of 2026, turning losses into profits year-on-year Ningbo Huaxiang Electronic announced that the company expects a net profit attributable to shareholders of 610-690 million yuan in the period from January 1, 2026, to June 30, 2026, turning losses into profits year-on-year. The improvement in performance is mainly due to the company's focus on market-oriented management, deepening technological innovation, and product iteration, leading to a significant increase in sales revenue and net profit. 12. ZheJiang AoKang Shoes: The company is planning a major asset acquisition involving asset purchases, and the stock will continue to be suspended for up to three trading days starting on June 29, 2026 ZheJiang AoKang Shoes announced that the company is planning a major asset acquisition involving asset purchases, which is currently in the planning stage. Due to uncertainties related to the matter, the company's stock will continue to be suspended starting on June 29, 2026 (Monday), with the suspension expected to last no more than three trading days. 13. Grace Fabric Technology: Stock trading abnormal volatility, Price-to-Earnings ratio of 804 times indicates risks of overvaluation Grace Fabric Technology announced that the company's stock price had consecutive trading days closing price deviation value exceeding 20% from June 24 to 26, 2026, indicating abnormal volatility. Upon self-inspection, the company's operations are normal, and the company is planning to issue H-shares and go public (application already submitted), but the matter is subject to uncertainties. The company's price-to-earnings ratio has reached 804.29 times, significantly higher than the industry average (112.75 times), indicating a deviation from the fundamentals, with risks of overheated market sentiment, irrational speculation, and potential stock price declines. In addition, the shareholder UNICORNACE's share reduction plan has been decreased from not exceeding 2% to not exceeding 1.5%. 14. Wuxi Longsheng Technology: Subsidiary selected as a supplier for components in the stator assembly of separation motors, among other components, with an estimated total turnover of about 2 billion yuan Wuxi Longsheng Technology announced that its holding subsidiary, Longsheng New Energy, recently received a project appointment notice from the Joint Ventures Automotive Electronics Co., confirming its selection as the supplier for the "stator assembly in the separation motor, rotor components in the separation motor." The project is expected to have a lifecycle of 3 years, with an estimated total turnover of about 2 billion yuan, starting mass production in the third quarter of 2026. This appointment is expected to expand the company's market presence in motor core components and sub-assemblies and enhance its industry layout, establishing a foundation for stable long-term supply in the core business of motor cores. 15. Shenma Industrial: Controlling shareholder plans to increase its shareholding by up to 3.24% Shenma Industrial announced that the controlling shareholder, China King Coal Shenhua Holdings Group Co., Ltd. plans to increase its shareholding in A-shares of the company through centralized bidding from June 29, 2026, to December 28, 2026. The price will not exceed 8.5 yuan per share, with a total amount to be raised not less than 150 million yuan and not more than 300 million yuan. Calculated at the maximum price limit, the increase will range from 17.6471 million shares to 35.2941 million shares, accounting for 1.62% to 3.24% of the total share capital. The increase is based on the recognition of the company's long-term investment value, with funding from self-owned and self-raised funds. 16. Anhui Huaheng Biotechnology Co., Ltd.: Has not received any investigation or cooperation investigation documents regarding the company from the authorities Anhui Huaheng Biotechnology Co., Ltd. announced that the company's production and operation are normal, without receiving any investigation or cooperation investigation documents from the authorities regarding the company. The matter will not have a significant adverse impact on the company's daily operations. The company's board of directors is operating normally and elected Director Fan Yixian as the Chairman of the company on June 24, 2026, with Fan Yixian appointed as the General Manager. The company's day-to-day operations are managed by the executive team, with other directors and senior management staff currently performing their duties normally. 17. Shaanxi Construction Machinery: Receives an administrative supervision decision from the authorities, requiring corrections and issuing warning letters to four individuals Shaanxi Construction Machinery announced that the company received an administrative supervision decision from the Shaanxi Securities Regulatory Bureau on June 26, 2026. The decision pointed out that the company failed to disclose in a timely manner that the Deputy Chairman, Chai Zhaoyi, retained funds by borrowing in the form of advance payments to suppliers exceeding 5% of the shareholding, constituting non-operational fund occupation, as well as issues related to improper fund management and accounting. The Shaanxi regulatory bureau decided to order corrections to the company and issue warning letters to Yang Hongjun, Chai Zhaoyi, Li Changan, and Bai Haihong. 18. Darbond Technology: The State-owned Fund reduced its shareholding by 1.4935 million shares from June 3rd to June 26th, reducing its shareholding to 10.85%. Darbond Technology announced that the State Integrated Circuit Industry Investment Fund Co., Ltd., a shareholder holding more than 5% of the company, reduced its shareholding through block trading by 1.4935 million shares from June 3rd to June 26th. As a result, the shareholding percentage was passively increased to 10.85%. This reduction is part of the previously disclosed reduction plan and does not trigger a mandatory tender offer obligation or lead to changes in the company's controlling shareholder or actual controller. 19. Jinhe Biotechnology: Plans to invest 550 million yuan in the construction of a midstream project for darmstadine and coenzyme Q10 Jinhe Biotechnology announced that the company plans to invest in the construction of a flexible production and construction project for the annual production of 10,000 tons of darmstadtin and 20,000 tons of coenzyme Q10 intermediates. The matter was approved at the third meeting of the seventh board of directors, with a total planned investment of 550 million yuan, funded by self-financing or self-raised funds. The project is expected to run from August 1, 2026, to April 30, 2028, under the jurisdiction of Jinhe Biotechnology Technology Co., Ltd. at the Tokto Economic Development Zone West Zone, without involving the acquisition of new land. 20. Shanghai Putailai New Energy Technology Group: The guidance for the listing of Jia Tao Intelligent on the North Exchange was completed on June 26th Shanghai Putailai New Energy Technology Group announced that its holding subsidiary, Jiangsu Jiatuo New Energy Intelligent Equipment Co., Ltd. (Jia Tao Intelligent), plans to apply for the public offering of shares to unspecified qualified investors and listing on the Beijing Stock Exchange. The matter has been approved by the company's board of directors and shareholders' meeting. On June 26, 2026, Jia Tao Intelligent received a "Completion Letter" for the guidance work on the listing by China Securities Co., Ltd. The letter confirms that the securities of China Securities Co., Ltd. assisting Jia Tao Intelligent in the listing guidance work have been completed. 21. Zhuzhou Kibing Group: Plans to raise funds not exceeding 1.427 billion yuan for the ultrathin flexible glass manufacturing platform and glass substrate project Zhuzhou Kibing Group announced that the company's board of directors has approved a plan to issue A-shares to specific objects to raise funds not exceeding 1.427 billion yuan, which will be used for projects including the ultrathin flexible glass manufacturing platform and glass substrate project, the high-transmission online CVD-FTO conductive glass technological transformation project, the high-performance new energy vehicle glass substrate carbon reduction and emission reduction technological transformation project, the digital upgrade construction project in the Qi Bin area, and supplementary working capital. 22. WPG (Shanghai) Smart Water Public Co., Ltd.: As of now, the company has no revenue from liquid-cooled products WPG (Shanghai) Smart Water Public Co., Ltd. issued an announcement regarding abnormal stock trading, stating that as of now, the company has no revenue from liquid-cooled products. Additionally, the company has not found any media reports, market rumors, or market hot topics related to the company that require clarification or response. 23. Grinm Advanced Materials: The company currently does not have any indium phosphide related products and technology Grinm Advanced Materials announced that the company is aware of the high market attention to indium phosphide concepts, but the company currently does not have any indium phosphide related products and technology. From June 9th to June 26th, 2026, the stock price had a cumulative increase of 119.75%, with a significant rise in stock prices. The company points out the potential risk of a rapid decline in stock price after a large increase in a short period, and advises investors to invest rationally, make decisions carefully, and be cautious of investment risks. Furthermore, the shareholder UNICORNACE's reduction plan has been decreased from not exceeding 2% to not exceeding 1.5%. 24. Changzhou Fusion New Material: Expects net profit of 90-110 million yuan in the first half of 2026, turning losses into profits year-on-year Changzhou Fusion New Material announced that it expects a net profit attributable to shareholders of 90-110 million yuan in the first half of 2026, turning losses into profits year-on-year. The main reasons for the improved performance are the company's market-oriented management, deepening technological innovation, and product iteration, leading to a substantial increase in sales revenue and net profit. 25. Shenma Industrial: Controlling shareholder plans to increase shareholding by up to 3.24% Shenma Industrial announced that the controlling shareholder, China King Coal Shenhua Holdings Group Co., Ltd., plans to increase its shareholding in A-shares of the company through centralized bidding from June 29, 2026, to December 28, 2026. The price will not exceed 8.5 yuan per share, with a total amount to be raised not less than 150 million yuan and not exceeding 300 million yuan, calculated at the price limit would result in an increase of 1.62% to 3.24% of the total share capital. The reason for the increase is the recognition of the company's long-term investment value, and the funding will come from self-owned and self-raised funds. 26. Cedar Development: The CEO, Zhang Jin, has been sentenced to life imprisonment for fundraising fraud, which may lead to a change in the company's actual controller through the disposal of indirect shareholdings Cedar Development announced that the company's CEO, Zhang Jin, has been sentenced to life imprisonment and confiscation of all personal property for fundraising fraud, illegal absorption of public deposits, and breach of trust involving entrusted property. While Zhang Jin does not directly hold company shares, he indirectly holds 378 million shares through Cedar Ventures and Guangzhou Junkai, accounting for 69.40% of the total capital. If the aforementioned shares are disposed of due to objective reasons, the company may potentially undergo a change in the actual controller. 27. China Southern Airlines: The subsidiary, Nanhua Hang, buys 2 B777F and 5 B777-8F aircraft from Boeing for approximately 36.18 billion US dollars China Southern Airlines announced that its subsidiary Nanhua Airlines signed an agreement with Boeing on June 26, 2026, to purchase 2 B777F aircraft and 5 B777-8F aircraft, with a total list price of approximately 36.18 billion US dollars. If an additional 3 B777-