Important Announcement:

Dongxing Securities: Net profit in 2024 will increase by 88.39% year-on-year

Sunner Development: It plans to acquire 54% of the shares of Sun Valley for 1.126 billion yuan

Times New Materials: Signed a contract of about 1.98 billion yuan for wind turbine blades in the first quarter

Changan Automobile: Sales in March were 268,100 units, a year-on-year increase of 3.48

Lingnan shares: 447 million yuan of new debts are overdue

Important announcements of the Shanghai Stock Exchange:

Times New Materials: Signed a contract of about 1.98 billion yuan for wind turbine blades in the first quarter

Times New Materials (600458) announced on the evening of April 3 that the company signed the "Blade Sales Contract" with major wind power OEMs (hereinafter referred to as "buyers") from January 1 to March 31, 2025. The company sells blades and related services to buyers, with a total contract value of about 1.98 billion yuan (tax included).

Dongan Power: Won 51 new market designation agreements in the first quarter

Dongan Power (600178) announced on the evening of April 3 that in the first quarter of 2025, the company's new market development has obtained a total of 51 new market "fixed-point agreements" from 26 companies, including 9 new development customers. The above-mentioned projects are expected to have a life cycle of 5-10 years, with a total sales volume of 1.5 million units, of which 12 projects involving new energy and new markets are expected to sell 1 million units. The company will complete the work of product loading and product supply in strict accordance with the agreement between the two parties and the progress of the new market project.

Reader Media: Liang Chaoyang is no longer the chairman of the company

Reader Media (603999) announced on the evening of April 3 that recently, the controlling shareholder Reader Publishing Group Co., Ltd. (hereinafter referred to as "Reader Group") received a notice of appointment and dismissal from the Gansu Provincial People's Government, and the Gansu Provincial People's Government decided to remove Liang Chaoyang from the position of chairman of the Reader Publishing Group Co., Ltd. According to the relevant regulations on the management of cadres of state-owned enterprises, the Party Committee of the Reader Group decided to remove Liang Chaoyang from his position as director and chairman of the company. Due to work changes, Liang Chaoyang has submitted to the board of directors of the company to resign from all positions of the company, such as director, chairman, chairman of the strategy committee of the board of directors, etc.

China's nuclear power: The cumulative power generation in the first quarter was 59.742 billion kWh, a year-on-year increase of 16.93%.

China Nuclear Power (601985) announced on the evening of April 3 that the company's cumulative power generation in the first quarter of 2025 will be 59.742 billion kWh, a year-on-year increase of 16.93%; The cumulative on-grid electricity was 56.449 billion kWh, a year-on-year increase of 17.17%. Both the power generation and the amount of on-grid electricity are in line with the annual plan. Among them, the company's nuclear power units generated 49.482 billion kWh, a year-on-year increase of 13.30%; The cumulative amount of on-grid electricity was 46.370 billion kWh, a year-on-year increase of 13.41%.

Dongxing Securities: Net profit in 2024 will increase by 88.39% year-on-year

Dongxing Securities (601198) released its 2024 annual report on the evening of April 3, and during the reporting period, the operating income was 9.37 billion yuan, an increase of 97.89% year-on-year; net profit attributable to shareholders of the parent company was 1.544 billion yuan, an increase of 88.39% year-on-year. The company intends to distribute a cash dividend of 0.09 yuan (tax included) per share to all shareholders.

GAC Group: Vehicle sales in March decreased by 3.01% y/y

Guangzhou Automobile Group (601238) released a March production and sales report on the evening of April 3, showing that the automobile production in March 2025 will be 188,900 units, a year-on-year increase of 17.65%, and the cumulative output this year will be 411,200 units, a year-on-year increase of 2.09%; The sales volume of automobiles in March was 173,900 units, a year-on-year decrease of 3.01%, and the cumulative sales volume this year was 371,100 units, a year-on-year decrease of 9.42%. Among them, the sales of new energy vehicles in March were 33,400, a year-on-year decrease of 0.72%.

Power Xinke: SAIC Hongyan's 281 million yuan of raised funds was forcibly deducted

Power Xinke (600841) announced on the evening of April 3 that the 281 million yuan of funds deposited by its wholly-owned subsidiary, SAIC Hongyan, in the special account for raising funds of Everbright Bank Shanghai Branch (all of which have been frozen by the court) were forcibly deducted by the relevant courts. The deduction of the raised funds will have an adverse impact on the investment and construction of the "new generation of smart heavy truck" project and the payment of the balance of the "smart factory" project of SAIC Hongyan's fund-raising project, and may have an adverse impact on the daily operation of SAIC Hongyan.

Yutong Bus: 4,890 vehicles were sold in March, a year-on-year increase of 37.79%.

Yutong Bus (600066) released a flash report on production and sales data in March on the evening of April 3, with sales of 4,890 vehicles in March, a year-on-year increase of 37.79%; The cumulative sales volume this year was 9,011 units, a year-on-year increase of 16.56%. The company received various government subsidies of 164 million yuan from January 1 to March 31, 2025.

Cialis: The sales volume of new energy vehicles in March was 18,805, a year-on-year decrease of 32.19

Cialis (601127) released its March production and sales report on the evening of April 3, with a total sales volume of 24,609 vehicles in March, a year-on-year decrease of 34.43%; The cumulative sales volume of this year was 68,368 units, a year-on-year decrease of 40.10%. Among them, the sales of new energy vehicles in March were 18,805, a year-on-year decrease of 32.19%; The cumulative sales volume this year was 54,552 units, a year-on-year decrease of 42.47%.

Sany Renewable Energy: It plans to invest in the construction of two wind farm projects in the Republic of Uzbekistan

Sany Renewable Energy (688349) announced on the evening of April 3 that the company intends to sign the "500MW Kungrad Wind Farm 1 Investment Agreement in Kungrad District, Karakalpakstan, Republic of Uzbekistan" and the "500MW Kungrad Wind Farm 2 Investment Agreement in Kungrad District, Karakalpakstan, Republic of Uzbekistan" with the government of the Republic of Uzbekistan, and the company intends to set up two wholly-owned subsidiaries (hereinafter referred to as "project companies") in the Republic of Uzbekistan. Invested in the construction of Kungrad Wind Farm Project 1 and Kungrad Wind Farm Project 2 respectively. The investment amount of the two projects shall not exceed US$500 million respectively (including the company's equity investment in the project company and the overseas loan financing of the project company). The source of funds for this project investment is the company's own funds and self-raised funds.

Fulai New Materials: Some directors and senior managers will reduce their holdings of no more than 1.114 million shares of the company in total

Fulai New Materials (605488) announced on the evening of April 3 that director Tu Daji, director and senior management Li Yaobang, director and senior management Nie Sheng and senior management Bi Lilin plan to reduce their holdings of the company's unrestricted tradable shares within 3 months after 15 trading days from the date of disclosure of the announcement by centralized bidding transactions within 3 months from the date of disclosure of the announcement No more than 800,000 shares, 135,000 shares, 104,900 shares and 74,100 shares, all of which do not exceed 25% of their total shares. The price of the reduction shall be subject to the market price at the time of the implementation of the reduction.

Tong Ren Tang: Net profit in 2024 will decrease by 8.54% year-on-year, and it is planned to distribute 5 yuan for 10 distributions

Tongrentang (600085) released its 2024 annual report on the evening of April 3, and the company achieved operating income of 18.597 billion yuan in 2024, a year-on-year increase of 4.12%; net profit attributable to shareholders of the parent company was 1.526 billion yuan, a year-on-year decrease of 8.54%; Basic earnings per share was 1.113 yuan. It is proposed to distribute a cash dividend of 5 yuan to all shareholders for every 10 shares.

Important announcements of the Shenzhen Stock Exchange:

Lier Chemical: The sales volume and price increase of some products in the first quarter are expected to increase by more than 2 times year-on-year

Lier Chemical (002258) released its performance forecast for the first quarter of 2025 on the evening of April 3, and the net profit attributable to shareholders of listed companies in the first quarter is expected to be 145 million yuan - 155 million yuan, a year-on-year increase of 203.08% - 223.98%. During the reporting period, the sales volume and price of some of the company's products increased, resulting in a year-on-year increase in operating performance in the first quarter.

Changan Automobile: Sales in March were 268,100 units, a year-on-year increase of 3.48

Changan Automobile (000625) released its March production and sales report on the evening of April 3, with sales of 268,100 units in March 2025, a year-on-year increase of 3.48%. From January to March, Changan Automobile sold 705,200 vehicles, including 611,000 self-owned brand sales, 452,700 independent passenger car sales, 159,600 overseas sales, and 194,200 new energy sales.

Lingnan shares: 447 million yuan of new debts are overdue

Lingnan Co., Ltd. (002717) announced on the evening of April 3 that after statistical verification by the company, from February 22, 2025 to March 31, 2025, the company's new overdue debts in banks, financial leasing and other financial institutions totaled 447 million yuan, accounting for 21.25% of the company's audited net assets in 2023. The company has taken measures to alleviate short-term liquidity pressure by strengthening cost control and accounts receivable recovery. The company is actively communicating with banks, financial institutions and other relevant parties to reach an agreement on debt solutions (loan extension, repayment of old loans, adjustment of repayment plans, etc.) as soon as possible.

Sunner Development: It plans to acquire 54% of the shares of Sun Valley for 1.126 billion yuan

Sunner Development (002299) announced on the evening of April 3 that the company intends to acquire a total of 54% of the shares of Anhui Sun Valley Food Technology (Group) Co., Ltd. (hereinafter referred to as "Sun Valley") held by Dehong Yuxi (Tianjin) Equity Investment Partnership (Limited Partnership) and others through cash payment with its own funds or legal self-raised funds, with a total transfer price of 1.126 billion yuan. After the completion of the acquisition, the company will hold 100% of the equity of Sun Valley.

Huisheng Biotech: The stock price has risen significantly in the short term, and there may be a risk of falling back after a sharp rise

Huisheng Biotech (300871) issued an announcement on the abnormal fluctuation of stock trading on the evening of April 3, and the company paid attention to the recent market rumors about the price fluctuations of tylosin and tyvanectin. However, the sustainability of product price fluctuations is uncertain, if the market supply increases or demand decreases in the future, there may be a risk that the price of the product will fall, which will adversely affect the company's performance. The company's stock price has risen significantly in the short term, and the stock turnover rate and trading volume have been significantly enlarged, and there may be a risk that the stock price will fall after rising sharply.