Financial headlines

[Sichuan Changhong's AI TV is officially connected to DeepSeek].

On February 13, Sichuan Changhong (600839. SH) announced that its AI TV has officially been connected to DeepSeek and supports free switching between the two versions of "Deep Thinking" and "Quick Response", which means that the industry's first AI TV agent that can think deeply has been fully launched.

[Rheinland Sports officially changed its name to Tianfu Cultural Tourism, and wants to build a benchmark enterprise for the integrated development of "pan-cultural tourism and sports"].

On the evening of February 13, Rheinland Sports (000558) announced that the name of the listed company was officially changed on February 14, from "Rhine Sports Development Co., Ltd." to "Chengdu New Tianfu Cultural Tourism Development Co., Ltd.", the stock abbreviation was changed to "Tianfu Cultural Tourism", and the code remained unchanged. Rhine Sports has completed the industrial and commercial change registration and the "Articles of Association" filing procedures, and obtained the "Business License" issued by the Chengdu High-tech Zone Market Supervision and Administration Bureau, and its business scope includes sports event planning, investment activities with its own funds, tourism opening project planning and consulting, scenic spot management, leisure and sightseeing activities and other businesses.

[Ruijian Medical IPO counseling has been completed, and it is planned to be listed on the Beijing Stock Exchange].

On February 12, Sichuan Ruijian Medical Technology Co., Ltd. (874652) announced that it had completed the listing counseling and planned to be listed on the Beijing Stock Exchange, with Galaxy Securities as the counseling institution. Founded in 2013 with a registered capital of 307 million yuan, Ruijian Medical focuses on the research and development, production and sales of blood purification medical devices, and provides blood purification medical services for patients with kidney failure and multiple organ failure.

[430 billion Sichuan Bank of Sichuan high-level "big change", chairman and president change at the same time].

Recently, Bank of Sichuan issued two high-level change announcements in succession, involving the adjustment of the positions of chairman and president. According to the announcement, Lin Gang, the first chairman of the Bank of Sichuan, proposed to resign from the positions of chairman and executive director of the bank, Zheng Ye, the former president, was elected as the new chairman, and Wang Bo, vice president, was hired as the president. At present, Zheng Ye and Wang Bo have respectively performed the duties of chairman and president of the Bank of Sichuan, and will formally take office after the qualifications of the financial regulator approves their qualifications.

[BYD's Chengdu factory has started large-scale recruitment, no experience requirement].

On February 11, Wei Chengdu learned from the WeChat public account of Chongzhou Municipal Human Resources and Social Security Bureau that the Chengdu factories of BYD's fourth and eighth business divisions have recently opened recruitment for the society, and the demand positions are operators. WeChengdu understands that this recruitment has a certain scale. Ms. Jiang, who is in charge of recruitment, told Weicheng that the current salary will be a little higher, "(without similar work experience) is no problem at all, and I will train when the time comes." ”

Consumer market

[In 2024, the vacancy rate of retail real estate in Chengdu will decline, and the performance of sports brand tenants will be outstanding].

Recently, a number of real estate service agencies have released 2024 annual data. Chengdu's retail real estate vacancy rate will decline year-on-year in 2024, and the customers of logistics real estate will change from traditional e-commerce and supermarkets to affordable e-commerce and snack mass merchandisers. According to CBRE data, in 2024, Chengdu will add 703,000 square meters of new retail property area, an increase of 48.6% year-on-year, making Chengdu's retail real estate stock area exceed 11 million square meters, ranking third in the country. From the perspective of tenant types, outdoor sports, grocery toy stores (including two-dimensional stores), jewelry and accessories, sports entertainment (including pet interaction), and baked desserts have accelerated their expansion.

[The current "fracture price" train ticket for the return trip of the Spring Festival: Beijing to Chengdu is only 47 yuan, and the 12306 response is based on the dynamic price adjustment of passenger flow].

A number of screenshots of ticket purchases have recently appeared on social platforms, showing that the fares of some return normal-speed trains have been reduced by "diving". Among them, on February 14, the hard seat ticket price of the K4219 train from Beijing to Chengdu was as low as 47 yuan, which was only 2% off the original price, and the whole journey took 30 hours and 24 minutes. In response to this phenomenon, 12306 customer service responded that this move is a dynamic price adjustment strategy implemented by the railway department based on the fluctuation of the Spring Festival passenger flow. Due to the imbalance of "one-way passenger flow" on some return routes, the price lever can guide passengers to travel off-peak and improve the capacity utilization rate of passenger trains.

[Chengdu has added another big theater! The total progress of Dong'an Lake Grand Theater has been completed by about 60%.

On the shore of Dong'an Lake in Chengdu, a theater with complete functions and complete facilities is about to meet Chengdu people. With a total construction area of 43,000 square meters, the Dong'an Lake Grand Theater project has designed and planned a 2,045-seat grand theater and a 448-seat multi-functional theater, and is equipped with corresponding cultural service rooms, management guarantee rooms, cultural businesses, underground auxiliary spaces, underground parking spaces, etc.

[Many new properties have accelerated their entry into the market, with a maximum discount of 28%!] Chengdu's property market continues to be hot

According to the monitoring data from the China Index Research Institute, the supply of commercial housing in Chengdu was 1.43 million square meters in January, and the transaction was 1.76 million square meters; The supply of commercial housing was 840,000 square meters, and the transaction area of commercial housing was 1.02 million square meters, and the transaction area of commercial housing and commercial housing increased slightly year-on-year. During the Spring Festival holiday just past, the Chengdu property market also remained hot: a number of real estate companies launched Spring Festival discounts and multiple favorable policies, and some sales departments did not close during the Spring Festival, and the transaction volume of new houses in Chengdu increased significantly compared with the same period last year.

[Chengdu Shuangliu International Airport Terminal 1 will resume operation from February 24].

On February 10, Chengdu Shuangliu International Airport issued an announcement: from February 24, 2025, Terminal 1 of Chengdu Shuangliu International Airport will resume operation. The domestic inbound and outbound passenger flights of Sichuan Airlines and China Southern Airlines that take off and land after 4 a.m. on the same day will be transferred from Terminal 2 to Terminal 1. At present, Sichuan Airlines operates a total of 43 domestic routes operating at Shuangliu Airport, and all of them will be transferred to Terminal 1 from the 24th.

Publicly traded companies

[Huiyu Pharmaceutical: The company's products have obtained overseas marketing authorization].

On February 10, Huiyu Pharmaceutical (688553. SH) announced that the company's subsidiaries Seacross Pharma (Europe) Ltd. and Seacross Pharmaceuticals Ltd. have recently received marketing authorizations for cyclophosphamide for injection, irinotecan hydrochloride injection, plerixafor injection and fulvestrant injection approved by the Netherlands, Costa Rica, Peru, Pakistan and other countries. These licenses will help the company enrich its product pipeline in the international market, enhance its brand image, continue to expand the breadth and depth of its international business, and lay the foundation for the sustainable development of the international market.

[Bank of Chengdu released a performance report: net profit of 12.863 billion yuan in 2024, a year-on-year increase of 10.21%].

On February 10, Bank of Chengdu (601838. As of the end of 2024, the total assets of Bank of Chengdu were 1,250.081 billion yuan, an increase of 14.56% from the beginning of the year; The net assets attributable to ordinary shareholders of the parent company were 79.851 billion yuan, an increase of 22.40% from the beginning of the year. Ping An Securities released a research report on February 11, saying that it gave Bank of Chengdu (601838. SH) highly recommended rating.

[Changhong Meiling and Sichuan Changhong join hands to create a new chapter of smart home and jointly invest in the establishment of a new company].

Recently, the smart home industry has set off a huge wave, the domestic home appliance giant Changhong Meiling (000521) and Sichuan Changhong (600839) have joined forces to jointly invest in the establishment of a new smart home company - Shanghai Changhong Zhichuang Smart Home Co., Ltd. According to the Qichacha APP, the legal representative of Shanghai Changhong Zhichuang Smart Home Co., Ltd. is Wang Tao, with a registered capital of 1 million yuan. The Company's business scope covers the sales of household products, the manufacture and sales of smart home consumer equipment, the production of furniture parts and accessories, and other fields.

[Sichuan Chengyu terminated the acquisition].

On February 13, Chengdu-Chongqing, Sichuan (601107. SH) announced that the company originally planned to purchase 85% of the equity of Jingyi Company held by Shudao Venture Capital by issuing shares and paying cash for purchase. Due to the unresolved legal disputes over the minority stake of the target company, the due diligence and audit of the transaction were affected, resulting in the inability to complete the audit requirements in a short period of time. The company believes that there is great uncertainty in continuing to advance this matter, and decides to terminate the transaction in order to protect the interests of the company and all shareholders

[Zhenxin Technology provides guarantee for wholly-owned subsidiaries to apply for bank loans].

On the evening of February 12, Zhenxin Technology (300101. SZ) announced that the seventh interim meeting of the sixth board of directors held by the company on February 12, 2025 deliberated and passed the "Proposal on Providing Guarantee for Wholly-owned Subsidiaries to Apply for Bank Loans", and Chengdu Guoyi Electronic Technology Co., Ltd., a wholly-owned subsidiary of the company, intends to apply for a one-year working capital loan of no more than 30 million yuan from the high-tech branch of Bank of Chengdu Co., Ltd. due to production and operation needs, and the company will provide joint and several liability guarantee guarantee for it.

[Vanadium and titanium shares and Dalian Rongke signed a cooperation agreement on vanadium energy storage raw materials in 2025].

Vanadium and titanium shares (000629.SZ) announced on the evening of February 11 that recently, Chengdu Vanadium and Titanium Trading, a wholly-owned subsidiary of the company, signed the "2025 Annual Framework Agreement on Vanadium Energy Storage Raw Material Cooperation" with Dalian Rongke. It is agreed that the two parties will adopt a cooperation model for the purchase and sale of ammonium polyvanadate raw materials, with an estimated total volume of 20,000 tons (equivalent to vanadium pentoxide) in 2025, which does not include the raw materials required for the vanadium energy storage joint venture established by Vanadium and Titanium Co., Ltd. and Dalian Rongke and other special major energy storage projects.

Investment and financing dynamics

[Raised 2.853 billion! ] Hongda shares to Shudao Group private placement was accepted, intended to be used for debt repayment and replenishment].

On February 11, Hongda Co., Ltd. (600331.SH) announced that the company's application for issuing shares to specific targets was accepted by the Shanghai Stock Exchange. The company plans to issue 609.6 million shares to the controlling shareholder Shudao Group at an issue price of 4.68 yuan per share, raising a total of nearly 2.853 billion yuan to repay debts and replenish liquidity.

[Dahongli's wholly-owned subsidiary obtained a 51% controlling stake in Thunderbird Technology].

On February 10, Chengdu Zhending Machinery Manufacturing Co., Ltd., a wholly-owned subsidiary of Chengdu Dahongli Machinery Co., Ltd. (300865.SZ), will invest 1.02 million yuan to participate in the capital increase of Chengdu Thunderbird Technology Co., Ltd. After the completion of the capital increase, the registered capital of Thunderbird is 2 million yuan, and the shareholding ratio of Zhending Machinery is 51%.

[Sichuan Manwei Dragon Kitchen completed equity financing, and Wu Yiqi's Sichuan Xinjin Fund increased its capital].

Sichuan Manwei Longchu Biotechnology Co., Ltd., a compound condiment company, completed equity financing, and Sichuan Chengdu Xinjin Yiwu Equity Investment Fund Partnership (Limited Partnership) Fund, a subsidiary of Changsha Wuyiqi Private Equity Fund Management Co., Ltd., participated in the capital increase.

[PUSH Group, a subsidiary of Wuliangye, increased its capital to 320 million, an increase of about 115%].

Tianyancha App shows that recently, Sichuan Yibin Push Group Co., Ltd. has undergone industrial and commercial changes, and the registered capital has increased from 150 million yuan to about 320 million yuan, an increase of about 115%. The company was established in August 1998, the legal representative is Jiang Wenchun, the business scope includes enterprise management services, commodity wholesale and retail, import and export business, etc., and is wholly owned by Sichuan Yibin Wuliangye Group Co., Ltd.

[Keli Shen Sensing completed tens of millions of pre-A round of equity financing, Chengdu Sibaiyi and Zhengxi Capital jointly invested].

Recently, the domestic Coriolis mass flow meter R & D manufacturer: Chengdu Corun Deep Sensing Technology Co., Ltd. completed tens of millions of yuan in Pre-A round of financing. The investors in this round are Chengdu Sibaiyi Investment and Zhengxi Capital, and Qiqi Capital serves as its financial advisor.

[Haitian shares acquired 70% of the equity of Sichuan SIIC Ecology, and the transfer price has not been paid].

On February 12, Haitian shares (603759. SH) announced that the company purchased the remaining 70% equity of Sichuan SIIC Ecological Environment Co., Ltd. held by Sichuan Zhenxing Industrial Park Industrial Co., Ltd. and SIIC Environment Holdings (Wuhan) Co., Ltd. In this transaction, the property rights transaction contract signed by the company with Sichuan Zhenxing involves a 40% equity interest with a transaction price of RMB 160 million, and the contract signed with SIIC Environment involves a 30% equity interest with a transaction price of RMB 120 million. As of the announcement date, the above-mentioned equity transfer price has not been paid.

[Sichuan Shuangma: shareholders are expected to reduce their holdings of no more than 2.98% of the company's shares in total].

On February 11, Sichuan Shuangma (000935.SZ) announced that CITIC Financial Assets, a shareholder of 7.9317%, and Tianjin Saikehuan, a shareholder of 10.2698%, respectively plan to reduce their holdings of the company's shares by centralized bidding and block trading in a total of 11,358,300 shares within 90 consecutive natural days after 15 trading days, accounting for 1.4878% of the company's total share capital and 1.5000% of the total share capital after excluding the number of shares in the company's repurchase special securities account.

[Sichuan Energy Power: The controlling shareholder has increased its holdings by 27,779,800 shares, and the implementation of the shareholding increase plan has been completed].

On February 13, Sichuan Energy Power (000155.SZ) announced on the evening that the company received the letter from the controlling shareholder Sichuan Energy Investment Group Co., Ltd. on February 12, 2025 on the completion of the implementation of the shareholding increase plan of Sichuan Energy Investment Group Co., Ltd., and from August 28, 2024 to February 12, 2025, Sichuan Energy Investment increased its holdings of 27,779,800 shares of the company through centralized bidding through the Shenzhen Stock Exchange trading system, accounting for 1.50% of the company's total share capital. The cumulative increase in holdings was 299.6718 million yuan. As of the disclosure date of this announcement, the implementation of the shareholding increase plan has been completed.

[The controlling shareholder of Huasen Pharmaceutical completed the reduction of 12.53 million shares, accounting for 3% of the company's total share capital].

On February 10, Huasen Pharmaceutical (002907. SZ) announced that its controlling shareholder, Chengdu Local Construction Mechanization Engineering Co., Ltd., has completed the reduction of 12.53 million shares, accounting for 3% of the company's total share capital. In the first three quarters of 2024, Huasen Pharmaceutical achieved revenue of 614 million yuan and net profit attributable to the parent company of 74.58 million yuan.

A new company is formed

[State Grid established Southwest Electric Power Research Institute in Chengdu, with a registered capital of 900 million yuan].

Tianyancha App shows that recently, State Grid Southwest Electric Power Research Institute Co., Ltd. was established, the legal representative is Li Benliang, with a registered capital of 900 million yuan, and its business scope includes basic geological exploration, geological exploration technical services, engineering management services, power generation technical services, energy storage technical services, water conservancy-related consulting services, meteorological information services, meteorological observation services, hydrological services, etc. Shareholder information shows that the company is wholly owned by the State Grid Corporation of China.

[Sichuan Energy Investment Co., Ltd. was established in Liangshan, with a registered capital of 100 million].

Tianyancha App shows that recently, Liangshan Chuanneng Materials Co., Ltd. was established, the legal representative is Ning Jianmin, with a registered capital of 100 million yuan, and its business scope includes supply chain management services, property management, machinery and equipment leasing, general cargo warehousing services, lubricant sales, petroleum products manufacturing, etc. According to shareholder information, the company is jointly held by Sichuan Energy Investment Materials Industry Group Co., Ltd. and Sichuan Energy Investment Liangshan Ecological Industry Investment Co., Ltd., which are subsidiaries of Sichuan Energy Investment.

[Soling Co., Ltd. set up a wholly-owned grandson company with a registered capital of 20 million yuan].

Soling Co., Ltd. (002766. SZ) announced that Wuxi Soling Technology Co., Ltd., a wholly-owned subsidiary of the company, set up a wholly-owned subsidiary, Chengdu Soling Car Link Technology Co., Ltd., in Chengdu, with a registered capital of 20 million yuan, and 100% of the equity is held by Wuxi Soling. The investment is designed to meet the needs of the company's business development and strategic development, and is not a related party transaction, nor does it constitute a major asset restructuring, and the approval authority is within the chairman's authority.

Industrial and commercial changes

[Buchang Pharmaceutical: Holding subsidiary completed industrial and commercial change registration].

On the evening of February 13, Buchang Pharmaceutical (603858.SH) announced that its holding subsidiary, Changrui Biotechnology (Chengdu) Co., Ltd., completed the industrial and commercial change registration. After the change, the legal representative is Tong Yaqing, with a registered capital of 100 million yuan, an establishment date of September 30, 2021, and a residence located in Chengdu Tianfu International Biological City (No. 18, Section 2, Middle Road, Bio-City, Shuangliu District). The business scope mainly includes technical services, technology development, technical consultation, technology exchange, technology transfer, technology promotion, etc.

[Tangyuan Electric: Complete the industrial and commercial change registration].

On the evening of February 12, Tangyuan Electric (300789. SZ) announced that the company has completed the industrial and commercial change registration procedures and the "Articles of Association" for the record, and obtained the "Business License" issued by the Chengdu Municipal Market Supervision and Administration Bureau. The changes include the change of the legal representative from the original legal representative to Chen Tanglong, the increase of the registered capital to 100 million, and the new business scope of automobile and parts sales.

Sichuan Enterprise News

[Guoxing Aerospace has hired CCB International as the overall coordinator of the Hong Kong listing].

On February 10, Hong Kong Stock Exchange documents showed that Chengdu Guoxing Aerospace Technology Co., Ltd. further appointed CCB International Capital Co., Ltd. as the overall coordinator. Accordingly, as of the date of the announcement, Guoxing Aerospace has appointed Guotai Junan Securities (Hong Kong) Limited and CCB International Capital Limited as its overall coordinators.

[Mingtu Technology: Strong alliance with Deepseek domestic text model].

Recently, Chengdu Mingtu Technology Co., Ltd. officially announced its access to DeepSeek, marking that Mingtu Technology has entered a new field in intelligent twins technology, which will bring customers a safer, more agile and more personalized intelligent service experience.

[Huakun Zhenyu released a full-stack localized AI digital human joint solution].

On February 10, Sichuan Huakun Zhenyu Intelligent Technology Co., Ltd. and Silicon-based Intelligence jointly released a full-stack localized AI digital human joint solution, realizing the full-link privatization deployment of "AIGC digital human - large model decision-making - localized computing power" for the first time, providing safe, credible, fully autonomous and controllable intelligent services for key fields.

[Chengdu-made flying cars will start manned flight tests within the year, and citizens are expected to experience "flying" in 2026].

In 2025, the global headquarters base of Wofei Changkong in the Future Science and Technology City of Chengdu High-tech Zone will complete the infrastructure and capping work. In 2026, the equipment will be completed and the production will begin. With the orderly progress of the manned aircraft AE200 flight test work, "the AE200 developed by the company will enter the test stage of manned flight within this year." It is expected that in the second half of 2026, Chengdu citizens are expected to take a test ride to experience the "flying trip".

[Chengdu may build a Nezha theme park].

Some netizens left a message on the "Ask Politics Sichuan" platform, suggesting that Chengdu seize the popularity of "Nezha" animation and provide public green spaces such as Jincheng Lake Park and Guixi Ecological Park to animation companies to create a concentration area for animation derivative industries. In this regard, Chengdu Xingcheng Investment Group Co., Ltd. recently replied that the proposal is innovative and inspiring, and original IP such as "Nezha" is one of the advantages of Chengdu's animation industry, and has the potential to be combined with the park industry. The company attaches great importance to it and is currently actively exploring ways to optimize the operation mode of the park and improve the comprehensive benefits of the park. In the next step, the company will continue to further study the feasibility of the relevant plan in combination with the actual situation, and consider it in the future investment plan.

[Sichuan built the second private commercial launch vehicle, which is expected to be launched at the end of this month and early next month].

On February 9, the departure ceremony of Ceres-1 (Yao-10) commercial launch vehicle was held at the aircraft assembly manufacturing base (phase I) of Sichuan Galaxy Power Space Technology Co., Ltd. This is the second private commercial carrier rocket "made in Sichuan", which is expected to be launched at the end of February or early March, and will carry out the launch mission of "one stone and eight satellites", when the carrier rocket will carry eight satellites into a sun-synchronous orbit at an altitude of 500 kilometers.

[Ginkgo biloba pills, a subsidiary of Yifan Pharmaceutical, were selected for the national collection of Chinese patent medicines].

On February 12, Yifan Pharmaceutical (002019.SZ) announced that its wholly-owned subsidiary, Sichuan Defeng Pharmaceutical Co., Ltd., participated in the centralized procurement of the National Proprietary Chinese Medicine Procurement Alliance.

[Zhengheng Power terminates IPO].

On February 12, the Shenzhen Stock Exchange disclosed that the Shenzhen Stock Exchange decided to terminate the review of its initial public offering of shares and listing on the GEM due to the withdrawal of the application for issuance and listing by Chengdu Zhengheng Power Co., Ltd. and the sponsor. Zhengheng Power is mainly engaged in the research and development, production and sales of engine blocks and related auto parts products, including engine blocks, cylinder heads, bearing covers, shells and other cast iron and cast aluminum precision parts products.

["1 km in 1 second"! The first supercharging station in Chengdu Eastern New Area was officially put into use

Recently, the first high-standard liquid-cooled supercharging station in Chengdu Eastern New Area was officially put into use in Tianfu International Smart Chain Industrial Community. This charging station, which integrates efficient energy replenishment, intelligent management and comprehensive services, brings a new experience to new energy vehicle owners with the ultimate charging speed of "1 second and 1 kilometer". The supercharging station is located in the Tianfu International Intelligent Chain Industrial Community, close to Tianfu International Hotel, and 5 kilometers away from Tianfu International Airport, which can provide fast charging services for 24 new energy vehicles at the same time.