A number of listed companies in Shanghai and Shenzhen stock markets issued company announcements on the evening of March 20. The following is a summary of important announcements:

Wolong electric drive : the operating income of electric aviation business in 2023 is about 4.8336 million yuan, which has no significant impact on operating income and profit level

Wolong Electric Drive (600580) issued a stock trading risk warning announcement that the company's main business is motor and control, photovoltaic and energy storage, industrial Internet, etc., of which motor and control business is mainly divided into industrial motor and drive, daily motor and control and electric transportation. The operating income of the company's electric aviation business in 2023 is about 4.8336 million yuan, which has no significant impact on the company's operating income and profit level in 2023, and there is still uncertainty about the signing of relevant business orders or sales contracts in the future.

riyue shares : the wholly-owned subsidiary plans to transfer 80% equity of Jiuquan zhexineng with 0.382 billion yuan

Riyue shares (603218) announced that Gansu Riyue, a wholly-owned subsidiary of the company, intends to sign an equity acquisition agreement with Zhejiang New Energy Investment Group Co., Ltd. (referred to as "Zhejiang Xineng") to transfer its 80% equity of Jiuquan Zhejiang Xineng Wind Power Co., Ltd. (referred to as "Jiuquan Zhejiang Xineng") at a transfer price of 0.382 billion yuan. After the equity transfer, Gansu Riyue's shareholding in Jiuquan Zhejiang Xineng was reduced from 95% to 15%, and Jiuquan Zhejiang Xineng was no longer included in the scope of the company's consolidated statements. The proceeds from the disposal of 80% of Jiuquan Zhejiang Xincan's equity will be included in the investment income, with an amount of about 0.24 billion yuan, which will have an impact on the company's net profit for 2024.

gac group : gac e 'an plans to transfer 100% equity of zhixiang company and inject 1.858 billion yuan into it

GAC GROUP (601238) announced that the company held a meeting of the board of directors to consider and pass the "motion on the transfer of shares in Zhixiang Company". It is agreed that the company will transfer 100% equity of Hunan Zhixiang Automobile Management Co., Ltd. (hereinafter referred to as "Zhixiang Company") to its holding subsidiary GAC E'an New Energy Automobile Co., Ltd. (hereinafter referred to as "GAC E'an"). The transfer price is determined to be 0.191 billion yuan based on the evaluation results of relevant asset evaluation reports (subject to the filed evaluation results); At the same time, it is agreed that GAC EAN will transfer 100%, and inject 1.858 billion yuan into it. The source of funds is self-financing by GAC.

jinniu chemical : plans to invest 15 million yuan to set up a wholly-owned subsidiary

Jinniu Chemical (600722) announced that in order to broaden the company's business scope and promote the company's sustained and sound development, the company plans to invest 15 million yuan to set up a wholly-owned subsidiary, Hebei Expressway Tianrui New Energy Co., Ltd., with business scope of power generation business, power transmission business and power supply (distribution) business.

Guosheng Technology : Shandong Shengcheng, a third-tier holding subsidiary, plans to set up wholly-owned subsidiaries Shandong Yuhao and Shandong Yuanlong

Guosheng Technology (603778) announced that in order to promote the landing of the heterojunction photovoltaic cell project and the high-efficiency heterojunction photovoltaic module project and further improve the company's production capacity layout, Shandong Shengcheng, the company's third-level holding subsidiary, plans to set up wholly-owned subsidiaries Shandong Yuhao and Shandong Yuanlong, with monetary funds contributing 0.1 billion yuan respectively, 100 of the shares and a total investment of 0.2 billion yuan.

youfa group : received the decision not to prohibit the centralized anti-monopoly review

Youfa Group (601686) announced that the company recently received the "Decision on No Prohibition of Anti-monopoly Review of Concentration of Operators" issued by the State Administration for Market Regulation. The notice reads: "According to the provisions of Article 31 of the Anti-Monopoly Law of the the People's Republic of China of China, it is now decided after examination that the case of establishing a new joint venture between Youfa Group and Yunnan Yunlin Metal Products Co., Ltd. shall not be prohibited. Youfa Group can implement concentration from now on."

Huadong Heavy Machinery : Proposed Joint Venture to Operate Hydrogen Energy Business

East China Heavy Machinery (002685) announced on the evening of March 20 that it had signed a "Strategic Cooperation Agreement" with Lianhe Hydrogen Energy and Guoke Longhui, intending to open up a zero-hydrocarbon port through the establishment of a joint venture, and to enter the hydrogen energy automobile and port mobile machinery industry chain through the establishment of a hydrogen energy industry fund. The company holds 65%, Zhejiang Lianhe Hydrogen Energy Technology Co., Ltd. holds 25%, and the project management team holds 10%.

billion information : AI PC project based on AI chip is currently under development

billion information said on the interactive platform that AI PC is one of the important forms and directions of future computer development. the company has been paying attention to AI technology and the expansion and progress of its capabilities, and has continuously studied and implemented it in the current company's intelligent products. at present, AI PC projects based on AI chips are already under development, and the company is actively following up mainstream models such as big language and AIGC, text, images, etc. can be generated on the PC side through mainstream large models such as Stable Diffusion. At the same time, the company provides AIGC generative AI localization solutions, based on the AI computing platform, using different deep learning reasoning suites, adapting to various types of AI acceleration engine technology, supporting mainstream AI frameworks and rich large languages, literary graphs, and graph models. At present, the company's AI PC is still in the project research and development stage, so that the majority of investors pay attention to investment risks.

GAC group : GAC E'an plans to transfer 100% equity of Zhixiang Company and inject 1.858 billion yuan into it

GAC Group (601238) announced on the evening of March 20 that the company held a meeting of the board of directors to consider and pass the "Proposal on the Transfer of Equity in Zhixiang Company." It is agreed that the company will transfer 100% equity of Hunan Zhixiang Automobile Management Co., Ltd. (hereinafter referred to as "Zhixiang Company") to its holding subsidiary GAC E'an New Energy Automobile Co., Ltd. (hereinafter referred to as "GAC E'an"). The transfer price is determined to be 0.191 billion yuan based on the evaluation results of relevant asset evaluation reports (subject to the filed evaluation results); At the same time, it is agreed that GAC EAN will transfer 100%, and inject 1.858 billion yuan into it. The source of funds is self-financing by GAC.

League of Nations Fisheries : Termination of Memorandum of Understanding with Saudi Sovereign Wealth Fund Asia

League of Nations Aquatic Products (300094) announced on the evening of March 20 that it would terminate the memorandum of understanding signed with Saudi Arabia's sovereign wealth fund in Asia. The termination of the agreement is the result of consensus between the two parties. The company does not need to bear compensation and legal liability for the termination of the agreement. It will not adversely affect the company's performance and production and operation, nor will it affect the company's future development strategy and business planning.

Jinxinnuo : high-speed products have been qualified by domestic mainstream server manufacturers and stably delivered

Jinxinuo (300252) said on the interactive platform that the company's high-speed products currently used in the data center industry are mainly used by server manufacturers. In addition, the company's high-speed products match the application needs of customers, and has obtained the domestic mainstream server manufacturers supplier qualification and achieve stable delivery.

[performance]

songyuan shares : net profit in the first quarter of 2024 increased by 60.11-78.59% year on year

Songyuan shares (300893) released the first quarter performance forecast of 2024. In the first quarter, the net profit attributable to shareholders of listed companies is expected to be 52 million -58 million yuan, with a year-on-year increase of 60.11-78.59. Since 2024, the passenger car market has remained stable, and the company has continued the rapid development trend of the previous year. The demand for cost reduction on the whole vehicle side conforms to the high cost performance characteristics of the company's products and provides sufficient business penetration opportunities. The strategic opportunities of domestic substitution and independent substitution are gradually reflected. The reserved project orders are gradually mass produced and ramped up.

peach and plum bread : net profit in 2023 dropped 10.29 year on year. it is proposed to send 10 1.8 yuan

Tao Li Bread (603866) disclosed its annual report. In 2023, it achieved operating income of 6.759 billion billion yuan, a year-on-year increase of 1.08; net profit of 0.574 billion billion yuan, a year-on-year decrease of 10.29; basic earnings per share of 0.36 yuan. The company intends to distribute a cash dividend of 1.8 yuan (including tax) to all shareholders for every 10 shares.

Xinji Energy :2023 net profit of 2.109 billion yuan increased by 1.57 year on year

Xinji Energy (601918) disclosed its annual report. In 2023, it achieved operating income of 12.845 billion billion yuan, a year-on-year increase of 7.01; net profit of 2.109 billion billion yuan, a year-on-year increase of 1.57; basic earnings per share of 0.81 yuan. The company intends to distribute a cash dividend of 1.5 yuan (including tax) to all shareholders for every 10 shares.

dongfang cable : net profit in 2023 increased by 18.78 year on year. it is proposed to send 10 4.5 yuan

Dongfang Cable (603606) released its 2023 annual report on the evening of March 20. In 2023, it achieved operating income of 7.31 billion billion yuan, a year-on-year increase of 4.3; realized net profit attributable to shareholders of listed companies of 1 billion billion yuan, a year-on-year increase of 18.78; Basic earnings per share are 1.45 yuan; it is planned to distribute cash dividends of 4.5 yuan (including tax) to all shareholders for every 10 shares.

Zangge Mining : Net Profit Declines 39.52 Year on Year in 2023 to Send 10 8 yuan

Zangge Mining (000408) released its 2023 annual report on the evening of March 20, achieving operating income of 5.226 billion billion yuan in 2023, down 36.22 percent from the same period last year; net profit belonging to shareholders of listed companies was 3.42 billion billion yuan, down 39.52 percent from the same period last year; and basic earnings per share were 2.18 yuan. A cash dividend of 8 yuan (including tax) is distributed to all shareholders for every 10 shares.

Shanghai energy : net profit in 2023 dropped 44.3 year on year. it is proposed to send 10 4.1 yuan

Shanghai Energy (600508) disclosed its annual report on the evening of March 20. In 2023, it achieved operating income of 10.978 billion billion yuan, a year-on-year decrease of 13.11; net profit of 0.969 billion billion yuan, a year-on-year decrease of 44.3; basic earnings per share of 1.34 yuan. The company intends to distribute a cash dividend of 4.1 yuan (including tax) to all shareholders for every 10 shares.

tiandi technology : net profit in 2023 increased by 20.81 year on year. it is proposed to send 10 2.8 yuan

Tiandi Technology (600582) disclosed its annual report on the evening of March 20. In 2023, it achieved operating income of 29.928 billion billion yuan, a year-on-year increase of 9.16; net profit of 2.358 billion billion yuan, a year-on-year increase of 20.81; basic earnings per share of 0.57 yuan. The company plans to distribute cash dividends of 2.8 yuan (including tax) to all shareholders for every 10 shares).

bubble Mart : revenue of 6.3 billion yuan in 2023, overseas business revenue increased by 135 to 1.066 billion yuan

on March 20, bubble Mart released its 2023 financial report, showing that its revenue in 2023 was 6.3 billion yuan, up 36.5 percent from the same period last year, of which overseas business revenue reached 1.066 billion yuan, up 134.9 percent from the same period last year. Adjusted net profit was 1.19 billion yuan, up 107.6 percent from the same period last year. Gross profit margin was 61.3 percent, up 3.8 percentage points. Net interest rate was 18.9, up 6.5 percentage points.

[Signing Order]

china tong no : from January to February, a total of 6 important projects in the rail transit market were won with a total amount of about 2.316 billion yuan

China General (688009) announced that from January to February 2024, the company won a total of 6 important projects in the rail transit market, including 5 in the railway market and 1 in the urban rail transit market, with a total bid amount of about 2.316 billion yuan, accounting for about 5.76 of the company's audited operating income in 2022 under the Chinese accounting standards.

tianyi shangjia : winning the bid for 0.171 billion yuan railway operation materials joint procurement project

tianyi shangjia (688033) announced on the evening of March 20 that the company recently received the bid-winning notice issued by the national railway materials co., ltd. informing the company to win the bid for the railway operation materials joint procurement project (EMU brake piece) "package number A3, package number A4, package number A5, package number A6, package number A7, package number A8, package number A9, package number A10, package number A12, the winning amount is 0.171 billion yuan (including tax).

[increase or decrease]

Hangzhou thermoelectric : shareholder hangshi group plans to reduce its stake in the company by no more than 1%

Hangzhou Thermal Power (605011) announced that Hangzhou Industrial Investment Group Co., Ltd. (hereinafter referred to as "Hangshi Group"), a 3.38 shareholder of the company, plans to reduce its shares by no more than 4.001 million shares, that is, no more than 1% of the total share capital of the company.

baodi mining : shareholder haiyi investment plans to reduce its stake in the company by no more than 3%

Baodi Mining (601121) announced that Xinjiang Haiyi Equity Investment Co., Ltd. (referred to as "Haiyi Investment"), a 7.5 shareholder of the company, intends to reduce its holdings through centralized bidding and block transactions due to its own business development needs. The number of shares held by the company shall not exceed 24 million shares, that is, no more than 3% of the company's total share capital.

[Proposed Repurchase]

shentong express : plans to buy back the company's shares at 30 million yuan to 50 million yuan

Shentong Express (002468) announced on the evening of March 20 that the company plans to buy back shares at 30 million yuan to 50 million yuan for equity incentive or employee stock ownership plan, and the repurchase price shall not exceed 11 yuan/share (including principal).