Financial Morning Post: many places have launched a new infrastructure action plan tens of billions of private equity more "love stocks" surfaced.
DATE:  Aug 20 2023

[Highlights]

Heavy! The central bank and other three departments: adjust and optimize the real estate credit policy

The General Administration of Financial Supervision of the People's Bank of China and the China Securities Regulatory Commission jointly held a video conference on financial support for the real economy and prevention and resolution of financial risks. The meeting held that since the beginning of this year, the financial sector has resolutely implemented the decisions and arrangements of the CPC Central Committee and the State Council, and continued to support the recovery, development and recovery of the real economy. From January to July this year, new RMB loans were 16.1 trillion billion yuan, an increase of 1.67 trillion yuan over the same period last year, and the broad money supply (M2), the scale of social financing and the balance of RMB loans maintained rapid growth. Social financing costs continued to fall, with corporate lending rates at 3.94 per cent in January-July, down 0.35 percentage points year-on-year. The credit structure continued to be optimized, with the growth rate of general-purpose small and micro loans, green loans and medium-and long-term loans in the manufacturing industry all higher than the growth rate of various loans, and remarkable results were achieved in key areas and weak links of financial support.

Comments: Many places are studying the adjustment of personal housing loan policy. The reporter understands that Fuzhou, Xiamen, Xi'an, Nanchang and other cities plan to adjust and optimize the purchase restriction policy in the near future to reduce the lower limit of the down payment ratio for second homes. In this regard, the reporter called a number of local banks and branches to understand the situation. Most banks said that they had not received the notice of adjustment of the down payment ratio of the second home, but some banks said they had followed up.

Topic: SFC takes multiple measures to activate capital markets

From accelerating the reform of the investment side to optimizing and improving the trading mechanism, from improving the attractiveness of listed companies to introducing more medium-and long-term funds into the market, the CSRC recently announced a package of policy measures to activate the capital market and boost investor confidence. Industry insiders pointed out that the above-mentioned package of measures launched at this critical time point in the current market is conducive to stabilizing market expectations and effectively enhancing market vitality, efficiency and attractiveness.

Comments: Industry insiders and institutions generally believe that the introduction of a package of policy measures to activate the capital market and boost investor confidence at the current time is conducive to stabilizing market expectations and promoting the healthy development of the market in the medium and long term. Yang Delong, chief economist of Qianhai open source fund, told reporters that the current market has been continuously adjusted. At this critical time point, a package of policy measures to activate the capital market and boost investor confidence has been introduced, which has released a positive signal and shows the attitude of the regulatory authorities to vigorously support the development of the capital market. He said that the package of policies proposed to speed up the reform of the investment side, increase the introduction of medium-and long-term funds, and increase the proportion of institutional investors, which will help to improve the investor structure and effectively stabilize market expectations. it is of great significance to the medium-and long-term healthy development of the capital market.

CRE listed companies set off a rare wave of buybacks

Recently, the chairman of the board of listed companies, the real controller proposed to buy back the tide. Wind data show that this year, excluding targeted buybacks, a total of 240 A- share listed companies disclosed buyback plans. Among them, from the evening of August 16 to the evening of 20, a total of 40 sci-tech innovation board listed companies, the chairman of the board, the actual controller proposed to buy back. [A-share "buyback tide"! More than 30 companies announced on the same day]

Comments: From the proposed repurchase amount, Naxin Micro, Daqo Energy, Huaxi Bio and other companies plan to repurchase the amount of the top.

New infrastructure action plans are being launched in many places

5G base stations, intelligent charging piles, Internet of Things ...... Since the beginning of this year, around the new infrastructure investment outlet, new infrastructure key demonstration project construction significantly accelerated, new energy, digital economy and other industrial chain upstream and downstream listed companies orders signed in an orderly manner.

Comments: The challenge for listed companies to lay out new infrastructure is, first, whether the layout of the new infrastructure business can achieve revenue growth without affecting the main business. Second, in the daily operation and maintenance process, whether the interests of all parties can be coordinated, the project revenue into corporate profits. Third, different local resource endowments are different, testing the business capabilities of listed companies.

New crown mutants appear in many countries, the number of mutations set a record! Experts are planning to name it "Pi"

At present, 6 cases of BA infection have been detected worldwide. The cases of 2.86 variant strains are distributed in Israel, Denmark, the United States, and the United Kingdom. Among them, there are 3 cases in Denmark, and there is no link in the chain of infection between the cases in various countries. However, since the World Health Organization (WHO) has not yet identified the variant as a "variant of concern", according to the new coronavirus naming rules, it can not be called "Pi", but has been temporarily named Omicjon BA. 2.86.

Comments: Many countries around the world have canceled virus testing, sequencing and other policies, relaxed case reporting and other systems, greatly increasing the difficulty of finding, monitoring and studying new mutant strains.

[industry hot spot]

installed capacity doubles in half a year, energy storage track welcomes "runners"

the securities industry to start the program to reduce commission operating leverage ceiling to enhance the head of institutions priority to benefit

strategic emerging industry mergers and acquisitions of state-owned enterprises active 15 industries into focus

tens of billions of private equity more "love stocks" surfaced

[Market review]

A shares: The three major A- share indexes opened mixed on August 18. In early trading, the Shanghai index rushed higher and fell, and the three major stock indexes closed lower. Afternoon market to do more momentum lack, the three major stock indexes shock downward decline expanded. From the face of the market, the mainstream industry collective kill down, TMT, big consumption, big infrastructure fell across the board, brokerage stocks scenery is no longer, SPD concept of deep correction. By the close of trading on August 18, the Shanghai Composite Index was down 1 per cent at 3131.95 points, the CRE 50 index was down 0.67 per cent at 904.25 points, the Shenzhen Composite Index was down 1.75 per cent at 10458.51 points, a new low for the year, and the GEM index was down 1.31 per cent at 2118.92 points.

Hong Kong stocks: As of August 18, 2023, the Hang Seng Index was down 2.05 percent at 17950.85 points, the Hang Seng SOE Index was down 2.31 percent at 6146.99 points, and the Hang Seng Technology Index was down 0.78 percent at 4007.39 points. On the same day, southbound funds sold a net HK $4.091 billion. According to the Hong Kong Stock Exchange's industry classification, on August 18, the general metals and ore sectors led the rise, while the pharmaceuticals and biotechnology sectors led the decline. In terms of individual stock performance, the top five stocks were Changman Holdings, Huangxi Group, Guollian Communications, Building Block Group Equity, Zhimei Sports, up 66.67 percent, 66.67 percent, 50 percent, 46.67 percent and 30 percent, respectively.

US stocks: JPMorgan still expects the US to enter a recession sometime in early 2024. At the same time, as more companies use promotions and incentives to stimulate demand, "given the lagging effect of monetary policy on demand", corporate profit margins should continue to be under pressure. "The erosion of corporate pricing power, coupled with rising labor costs and rising interest payments, should continue to put pressure on margins," Kolanovic said." He also said that another headwind for the stock market is that overvaluation makes it less attractive for companies to buy back through debt financing. Coupled with the new repurchase tax, this should mean that the repurchase program will support the stock price less.

[Institutional Strategy]

[Top 10 Brokers Week Strategy] Prepare with both hands to get through the bottom area! Hold on to growth and brokerage "rebound"

the market has reappeared the triple trough, which has the characteristics of the previous historical bottom. Positive policy signals have been very clear, policy measures are being implemented continuously, and confidence must be strengthened. It takes time for policies to take effect and market sentiment to reverse, and patience must be maintained. Choose the opportunity to lay out industries and policy themes.

First of all, judging from the current state of the market, policy expectations have gone from nothing to excitement and then returned to freezing point, and sentiment has returned to the bottom. The market environment has the characteristics of the bottom in previous history. Secondly, judging from the policy trends after the Politburo meeting, fiscal policy will become more active, debt-to-debt measures have been steadily advanced, further easing in the real estate sector can be expected, and some cities have derived diversified relaxation measures to activate capital. The market policy took the lead in the implementation, relaxing the capital constraints of high-quality securities companies to exceed market expectations. Finally, in terms of the role of the policy after landing, it is expected that the earliest manifestation of the policy effect may be in September, but the economic data in August will not deteriorate further, market sentiment has entered the stage of disappointment and catharsis, and it will take time for sentiment to reverse. In terms of configuration, it is recommended that the industry theme continue to focus on the three dimensions of real estate, science and technology, energy and resources, and that the policy theme focus on the subsequent growth of government spending, focusing on the digital economy and the theme of benefiting from localized debt.

[Topic Company]

Insiders: Country Garden's book funds can only meet the requirements of Baojiao Building

From August 7, two U.S. dollar debt coupons due and unpaid, 10 days, Country Garden announced the "16 Country Garden 05" private debt extension program. The "16 Biguiyuan 05" extension plan proposed by Biguiyuan is: the principal is extended for three years and paid in seven installments, with a down payment of 6% (2% of the principal in the first, second and third months after maturity), 10% of the principal in the 12th month, 15% of the principal in the 24th month, 25% of the principal in the 30th month and 44% of the principal in the 36th month.

2nd time this year! Related to the anti-corruption of the tobacco system? The chairman of this A- share company was detained and investigated!

on August 20, Jiyou shares announced that Anhui Jiyou Paper Packaging Co., Ltd., a wholly-owned subsidiary of the company, received a notice issued by the Taihe County Supervisory Committee on August 18, 2023 that Xu Shanshui, the actual controller, chairman and president of the company, was detained and filed for investigation on suspicion of bribery.

[New shares]

Today, the second highest-priced new shares of the GEM year are coming! August new stock profit effect heats up

[ Bulletin]

Suspension

000881 Zhongguang Nuclear Technology

Resume

None

Bulletin Express

[Hot spot]

Zhejiang shibao: first-half net profit of 19.84 million yuan increased 2218% year-on-year

Zhejiang Shibao (002703) disclosed its semi-annual report on the evening of August 20. The company achieved operating income of 0.728 billion yuan in the first half of 2023, an increase of 31.39 percent over the same period last year; net profit attributable to its parent was 19.8372 million yuan, an increase of 2218.41 percent over the same period last year; and basic earnings per share were 0.03 yuan. During the reporting period, sales of the company's hydraulic recirculating ball steering and electric power steering system products increased, benefiting from the overall good performance of the automotive industry. At the same time, intelligent electric recirculating ball steering gear, intelligent electro-hydraulic recirculating ball steering gear, pipe column, intermediate shaft and other new products have begun mass production, bringing new sources of revenue for the company.

Guizhou Maotai: Li Jingren resigns as a director of the company and the corresponding positions of special committees under the board of directors

Guizhou Maotai (600519) announced on the evening of August 20 that the board of directors of the company received a written resignation report submitted by Li Jingren, a director of the company, on the afternoon of August 19. Li Jingren applied to resign as a director of the company and set up a special committee under the board of directors due to job adjustment. According to relevant regulations, Li Jingren's resignation shall take effect when the resignation report is delivered to the board of directors. The company held the third meeting of the fourth board of directors in 2023 and decided that the board of directors of the company nominated Ms. Wang Li as a candidate for the fourth board of directors of the company. Wang Li will act as the general manager of the company, and Li Jingren will no longer act as the general manager of the company.

rongbai technology: plans to build a cathode project with an annual output of 40000 tons of high nickel ternary and 20000 tons of lithium manganese iron phosphate in south Korea

Rongbai Technology (688005) announced on the evening of August 20 that the company plans to use its own and self-raised funds not exceeding 1.993 billion yuan to increase capital to South Korea's wholly-owned subsidiary JS Co., Ltd. to expand the 40000-ton high nickel ternary cathode material project in South Korea. It is planned to set up a subsidiary in South Korea through its holding subsidiary Skoland to build a lithium manganese iron phosphate cathode material project with an annual output of 20000 tons, with an investment amount not exceeding 0.642 billion yuan.

Jiyou shares: the actual controller, chairman and president were detained and filed for investigation

Jiyou Co., Ltd. (603429) announced on the evening of August 20 that Anhui Jiyou Paper Packaging Co., Ltd., a wholly-owned subsidiary of the company, received a notice issued by the Taihe County Supervisory Committee on August 18, 2023 that Xu Shanshui, the actual controller, chairman and president of the company, was detained and filed for investigation on suspicion of bribery. At present, the company has made proper arrangements for related work. As of the disclosure date of the announcement, the company's control rights have not changed, the company's board of directors is operating normally, and the company's financial and production and operation management are normal.

China Software: Proposed Transfer of 100 Equity of Great Wall Software to Related Party Data Industry Group

China Software (600536) announced on the evening of August 20 that the company intends to transfer 100 of its shares in Great Wall Software to the related party data industry group at a price of 0.486 billion yuan through an agreement. After the transfer is completed, the company no longer holds a stake in Great Wall Software.

huaxia ophthalmology: plans to transfer 33% equity of Hefei shining to acquire its controlling stake

huaxia ophthalmology (301267) announced on the evening of August 20 that the company plans to transfer 33% of Hefei shining ophthalmology hospital co., ltd. for 70 million yuan. Upon completion of the transaction, the Company will hold a total of 51% of the equity interest in Hefei Shining, which will become a controlling subsidiary of the Company and will be included in the scope of the Company's consolidated financial statements. This investment will help deepen the company's layout and influence in the local regional market, improve the company's ophthalmology medical network layout, and further thicken the operating performance.

Jinpan Technology: signed a distribution transformer supply agreement with an overseas customer

Jinpan Technology (688676) announced on the evening of August 20 that the company had signed a "Distribution Transformer Supply Agreement" with an overseas customer. Based on the exchange rate of US $1 to RMB 7.2006 yuan announced by the Foreign Exchange Center of the People's Bank of China on August 18, 2023, it is estimated that the average annual purchase amount from the customer from the company during 2023-2028 is equivalent to about RMB 0.216 billion -0.288 billion yuan, totaling about RMB 1.08 billion -1.44 billion yuan for five years.

[Operating Results]

big city: net profit increased by 923.27 in the first half of the year compared with the same period last year

Daming City (600094) disclosed its semi-annual report on the evening of August 20. In the first half of the year, it achieved operating income of 5.224 billion billion yuan, a year-on-year increase of 154.44; net profit of 0.284 billion billion yuan, a year-on-year increase of 923.27; basic earnings per share of 0.12 yuan.

CNOOC: 1H20 net profit up 103.81% YoY

CNOOC Engineering (600583) disclosed its semi-annual report on the evening of August 20. In the first half of the year, it achieved operating income of 14.442 billion billion yuan, a year-on-year increase of 23.08; net profit of 0.983 billion billion yuan, a year-on-year increase of 103.81; basic earnings per share of 0.22 yuan.

kun heng shun wei: net profit increased 77.56% year on year in the first half of the year

Kun Heng Shunwei (688283) disclosed its semi-annual report on the evening of August 20. In the first half of the year, it achieved operating income of 86.9077 million billion yuan, a year-on-year increase of 47.29; net profit of 21.4391 million billion yuan, a year-on-year increase of 77.56; basic earnings per share of 0.26 yuan.

Saifutian: Net profit in the first half of the year increased by 123.5 year on year

Saifutian (603028) disclosed its semi-annual report on the evening of August 20. In the first half of the year, it achieved operating income of 0.917 billion billion yuan, a year-on-year increase of 143.58; net profit of 30.833 million billion yuan, a year-on-year increase of 123.50; basic earnings per share of 0.11 yuan. On the same day, the company intends to set up a wholly-owned subsidiary Jiangsu Saifutian New Energy Research Co., Ltd. with its own capital of 30 million yuan.

core ruida: net profit in the first half of the year increased by 58.01 in 87.4949 million yuan compared with the same period last year

Xinruida (002983) disclosed its semi-annual report on the evening of August 20. In the first half of the year, the company achieved operating income of 0.627 billion billion yuan, an increase of 44.56 percent over the same period last year; net profit attributable to the parent was 87.4949 million billion yuan, an increase of 58.01 percent over the same period last year; and basic earnings per share was 0.47 yuan. During the reporting period, the company showed 54.5459 million pieces of module products out of the warehouse, up 4.83 year on year.

tonghua golden horse: first half net profit of 10.78 million yuan increased 43.12 year on year

Tonghua Jinma (000766) disclosed its semi-annual report on the evening of August 20. The company achieved operating income of 0.728 billion yuan in the first half of 2023, an increase of 5.01 percent over the same period last year; net profit attributable to its parent was 10.7769 million yuan, an increase of 43.12 percent over the same period last year; and basic earnings per share were 0.01 yuan.

digital China: net profit in the first half of the year increased by 10.32-12.88

digital China (000034) released its performance forecast on the evening of August 20, with a net profit of 0.43 billion -0.44 billion yuan for the first half of 2023, up 10.32-12.88 percent year on year. In the first half of 2023, the company firmly promoted the strategy of cloud integration and trust creation, profitability and core competitiveness continued to increase, strategic business revenue continued to maintain rapid growth, and its contribution to the company's performance continued to increase. Cloud computing and digital transformation business revenue is expected to grow 30%-40% year-on-year, and independent brand business revenue is expected to grow 80%-90% year-on-year.

huagong technology: first half net profit of 0.582 billion yuan increased 3.28 year on year

Huagong Technology (000988) disclosed its semi-annual report on the evening of August 20. In the first half of the year, the company achieved operating income of 5.024 billion yuan, a year-on-year decrease of 19.20; net profit attributable to the parent was 0.582 billion yuan, a year-on-year increase of 3.28; basic earnings per share was 0.58 yuan.

[Refinancing]

* ST drug: plans to raise 0.278 billion yuan from huilonghuaze

* ST drug (600671) announced on the evening of August 20 that the company intends to issue shares to Huilong Huaze at a price of 7.62 yuan per share to raise 0.278 billion yuan, which will be used to supplement working capital and repay debts after deducting the issuance expenses. As of the date of the issuance of this plan, Huilong Huaze holds 22.01 shares of the company, Yongxin Huarui and its concerted action person Qingdao share a total of 23.62 shares of the company, the company has no controlling shareholder. On August 18, 2023, Huilong Huaze and Yongxin Huarui signed the Share Transfer Agreement, agreeing that Yongxin Huarui will transfer its 9.72 million shares of the company to Huilong Huaze by way of agreement transfer. After the completion of the share transfer, Huilong Huaze will hold 29.99 per cent of the company's shares and will be the controlling shareholder of the company, and the Laoshan District Finance Bureau of Qingdao will be the actual controller of the company.

[Contract winning]

style shares: winning the 0.135 billion yuan project

Fengfan Co., Ltd. (601700) announced on the evening of August 20 that the company recently received a "transaction notice" from TEPCO Supply Chain Management Co., Ltd., confirming that the company is the winning bidder for Tanzania's Tanzanian Tanzanian Interconnection and Northeast Power Grid Substation Structure Support, Iron Tower and 4. Bid Section 5 of 3. Bid Section of Insert Angle Steel Project, with a winning amount of 0.135 billion yuan.

yuhuan numerical control: recently signed a 0.146 billion yuan contract with jabil Chengdu

Yuhuan CNC (002903) announced on the evening of August 20 that the company recently signed a contract with Jabil Technology (Chengdu) Co., Ltd. (hereinafter referred to as "Jabil Chengdu") with a total amount of 0.146 billion yuan (including tax). As of the disclosure date of the announcement, the company has signed a total of 0.253 billion yuan of contracts with Jabil Chengdu in 2023.

Yongfu shares: winning the bid for the 27.26 million yuan UHV project

Yongfu Co., Ltd. (300712) announced on the evening of August 20 that the company recently received the "Letter of Acceptance" from Gansu-Zhejiang ± 800 kV UHV DC Project Line Feasibility Study and Survey and Design Package 5 (Luochuan County and Baishui County Boundary Section in Gansu-Shaanxi Province). The company is the winning bidder for the project, and the winning amount is 27.26 million yuan (including tax), about 7.43 of the company's 2022 audited power engineering survey and design (including planning consulting) operating income of 0.367 billion yuan.

guanglian airlines: signed a major sales contract for daily operation in 72.08 million yuan

Guanglian Airlines (300900) announced on the evening of August 20 that the company and a unit affiliated to China Aerospace Science and Industry Group Co., Ltd. (hereinafter referred to as Aerospace Science and Industry Group) signed a "production contract for the structure of a UAV body" with a tax-inclusive amount of 7280000 yuan, the subject of the contract is a batch of unmanned aerial vehicle body structure platform. The contract does not include tax in the amount of 63.7876 million yuan, accounting for about 9.61 of the company's audited operating income in 2022.

[Major investment]

Guangdong hydropower: the subsidiary plans to invest 1.73 billion yuan to build a 300MW integrated project of animal husbandry, light and storage in nanmulin county, Tibet

Guangdong Hydropower (002060) announced on the evening of August 20 that on August 19, Xinjiang Guangdong Hydropower, a wholly-owned subsidiary of the company, and the People's Government of Nanmu Lin County, Tibet Autonomous Region signed the ''Nanmu Lin County Guangdong Hydropower 300MW Shepherd Light Storage Integrated Project Investment Cooperation Development Agreement. Xinjiang Guangdong Hydropower plans to invest in the construction of a 300MW animal husbandry, light and storage integration project in Nanmangin County, Tibet Autonomous Region, with a total investment of about 1.73 billion yuan.

coriel: the first phase of the intelligent manufacturing industrial park project to be built in 0.8 billion yuan

Corel (002892) announced on the evening of August 20 that the company signed a "Project Investment Contract" with Qiyang Municipal People's Government on August 18 to register a wholly-owned subsidiary of the company in Qiyang High-tech Zone. The newly established wholly-owned subsidiary of the company is the main body to participate in the purchase of about 225 mu (Phase I) of industrial land use rights located in Qiyang High-tech Zone, Yongzhou City, Hunan Province to invest in the construction of Colel Intelligent Manufacturing Industrial Park (Phase I), the total investment is expected to be 0.8 billion yuan, of which the fixed investment is about 0.56 billion yuan. The project is expected to take six years from construction to production.

Ovi Communications: proposed metal packaging materials joint venture

Aowei Communications (002231) announced on the evening of August 20 that the company and Dongtai Donghe Xin Management Consulting Partnership (Limited Partnership) signed a "Joint Venture Agreement" to jointly invest in the establishment of Donghe Xin New Materials Industry (Wuxi) Co., Ltd. (hereinafter referred to as "Wuxi Donghe Xin"). Wuxi Donghe Xin has a registered capital of 0.17 billion yuan. Among them, the company subscribed to contribute 0.112 billion yuan, with a shareholding ratio of 66%. The joint venture company focuses on the production, processing and sales of metal packaging materials, and strives to develop into an integrated enterprise of "design, manufacturing, construction and operation" in the field of metal packaging materials.

China Tungsten Hi-Tech: Invest to Set up Subsidiary

China Tungsten High-tech (000657) announced on the evening of August 20 that recently, the company invested in the establishment of a subsidiary China Tungsten (Zhuzhou) Advanced Hard Materials Technology Development Co., Ltd. (referred to as "Science and Technology Innovation Center") and held a listing ceremony. The Science and Technology Innovation Center will focus on the development of special processing tools and new hard materials for the semiconductor industry based on the principle of entering new fields, developing new technologies and achieving high returns, so as to further enhance the scientific and technological added value of the company's products.

[Increased repurchase]

biyi Wei: shares to be repurchased at 42 million yuan -84 million yuan

biyiwei (688045) announced on the evening of August 20 that the company plans to buy back shares for 42 million -84 million yuan for employee stock ownership plan or equity incentive. The repurchase price does not exceed $78 per share.

dragon core zhongke: chairman proposes to buy back the company's shares at 30 million yuan -50 million yuan

Longxin Zhongke (688047) announced on the evening of August 20 that Hu Weiwu, chairman of the company, proposed that the company carry out share repurchase through centralized bidding. The total amount of funds for share repurchase shall not be less than 30 million yuan and not more than 50 million yuan. The repurchase price shall not exceed 128 yuan/share.

dongjian technology: the actual controller plans to increase the shares of the company from 10 million yuan to 20 million yuan

Dongjian Technology (300978) announced on the evening of August 20 that based on firm confidence in the company's future development and recognition of long-term investment value, Ma Yongtao, the company's controlling shareholder, actual controller and chairman, plans to increase the company's shares within 6 months from the date of disclosure of the announcement, with the proposed increase amount of not less than 10 million yuan and not more than 20 million yuan. This increase plan does not set a price range for increasing shares.

ruilian new materials: the actual controller and chairman proposed to buy back shares at 50 million yuan -80 million yuan

Ruilian New Materials (688550) announced on the evening of August 20 that Liu Xiaochun, the shareholder, actual controller and chairman of the board of directors of the company holding more than 5% of the shares, proposed to buy back the company's shares by means of centralized bidding; the total amount of funds for the repurchase of shares shall not be less than 50 million yuan and not more than 80 million yuan; the repurchase price shall not exceed 51 yuan/share.

yifan medicine: the actual controller proposes to buy back shares at 30 million yuan to 50 million yuan

Yifan Pharmaceutical (002019) announced on the evening of August 20 that Cheng Xianfeng, the company's controlling shareholder, actual controller, chairman and president, proposed that the company use its own funds to repurchase the company's shares through centralized bidding transactions. The total amount of funds for the repurchase of shares shall not be less than 30 million yuan, not more than 50 million yuan, and the price of the repurchased shares shall not exceed 20.57 yuan per share.

kelda: chairman proposes to buy back shares at 50 million yuan -60 million yuan

Kelda (688255) announced on the evening of August 20 that Hou Runshi, chairman of the company, proposed to buy back part of the company's shares through centralized bidding and use it for equity incentive or employee stock ownership plan at an appropriate time in the future. The total amount of funds for the repurchase of shares shall not be less than 50 million yuan and not more than 60 million yuan, and the price of the repurchased shares shall not be higher than 150 of the average trading price of the company's shares in the 30 trading days prior to the adoption of the repurchase resolution by the board of directors of the company.

Cisco: the actual controller and chairman proposed to buy back shares at 30 million yuan -50 million yuan

Cisco (688053) announced on the evening of August 20 that Zhang Ya, the actual controller and chairman of the board, proposed that the company buy back shares through centralized bidding for employee stock ownership plan or equity incentive. The total amount of funds for the repurchase of shares shall not be less than 30 million yuan and shall not exceed 50 million yuan, and the repurchase price shall not exceed 80 yuan/share.

Bangjie shares: the chairman of the company and his concerted action plan to increase the amount of increase

Bangjie shares (002634) announced on the evening of August 20 that the company's chairman Chen Jiansong and his concerted action person Chen Gendi originally planned to increase the company's shares by no less than 30 million yuan and no more than 60 million yuan. Recently, Chen Jiansong and Chen Gendi plan to adjust the amount of the above-mentioned increase in holdings to not less than 35 million yuan and not more than 70 million yuan.

[Other]

* ST Honggao: The company's shares will be delisted on August 21

* ST Honggao (002504) announced on the evening of August 20 that the company's shares have been decided to terminate the listing by the Shenzhen Stock Exchange and will be delisted by the Shenzhen Stock Exchange on August 21.

CGNPC: trading plan to adjust restructuring will be suspended from August 21

China General Nuclear Technology (000881) announced on the evening of August 20 that the company intends to make adjustments to the transaction plan for the issuance of shares and the payment of cash for the purchase of assets and related transactions, involving the adjustment of the scope of the proposed counterparty and the underlying assets, payment methods, raising matching funds and other matters. Trading of corporate securities has been suspended since the opening of the market on August 21, and the suspension is expected to be no more than 5 trading days.

osaikang: subsidiary bio-innovative drug ASKG915 completed the first patient administration

osaikang (002755) announced on the evening of August 20 that the ASKG915 for injection, a bio-innovative drug developed by AskGene, a subsidiary of the company, has successfully completed the first patient enrollment and administration in the United States recently. The ASKG915 is intended to be used for the treatment of advanced solid tumors, which is expected to cover the existing cancer species with poor PD-1 efficacy and fill the market gap in anti-tumor immunotherapy.

jinlitai: plans to provide insulation coating materials and coating process to a head new energy battery enterprise

Jin Litai (300225) announced on the evening of August 20 that the company recently received an order from a head new energy battery enterprise. The company will provide insulating coating materials for its battery products and cooperate with the coating construction process verification of coating materials. This order is the first time that the company provides a complete solution for battery surface insulation spraying technology and related materials to the new energy lithium battery industry, and completes the spray proofing and coating construction process verification of battery products. At present, no large-scale order has been formed.

Yaoshi Technology: The controlling shareholder has not reduced its shareholding after the expiration of the reduction plan

Yaoshi Technology (300725) announced on the evening of August 20 that as of the date of this announcement, the period of the reduction plan has expired, and the company's controlling shareholder and actual controller Yang Minmin has not reduced the company's shares in any way.

Beihua Co., Ltd.: to shut down Xi'an nitrocellulose production line

Beihua Co., Ltd. (002246) announced on the evening of August 20 that the company intends to suspend production of the Xi'an branch nitrocellulose production line (referred to as "Xi'an nitrocellulose production line") and dispose of related assets involved in the Xi'an nitrocellulose production line. In view of the fact that the Xi'an branch has been in a state of meager profit or loss in recent years, which has affected the company's performance improvement, the shutdown of the Xi'an nitrocellulose production line will help improve the company's operating efficiency and enhance the company's profitability. The shutdown of the Xi'an nitrocellulose production line will not have a substantial impact on the company's business activities.

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