[Focus on hot topics]

Huafeng Technology (688629.SH) announced an announcement of abnormal fluctuations in stock trading. Recently, the company paid attention to discussions on the company's related business on some media, stock bars and other platforms, involving hot concepts. The market environment and industry policy of the connector industry where the company is located have not undergone major adjustments. The daily business situation and internal business order are normal. The company specifically reminds investors to make rational decisions and invest prudently.

Oriental Fashion (603377.SH): Not involved in the “flying car” business

Oriental Fashion (603377.SH) announced an indicative stock trading risk announcement. The company recently noticed rumors about the company involving “flying cars” in the market. Currently, the company is not engaged in related business. Investors are kindly requested to invest rationally and pay attention to investment risks.

AI Precision (603580.SH): Does not involve hot market concepts such as robots

AI Precision (603580.SH) announced a stock trading risk warning notice. On March 20, 2024, the company's stock closed at a rising and stopping price. From March 5 to 20, the company's stock price rose 213.86%. The increase deviated greatly from the Shanghai Composite Index and plastics industry during the same period. The company's latest rolling price-earnings ratio was -1899.41 (mainly due to losses in the fourth quarter of 2022), and the latest net market ratio was 8.79 (the index was significantly higher than 1.95 in the same industry), with a cumulative turnover rate of 135%, with overheated market sentiment There may be irrational hype. Currently, the company's main business has not changed. The main business is R&D, production and sales of lightweight conveyor belts, and does not involve hot market concepts such as robots. Film companies for solar cell packaging are still in the early R&D stage, and there is great uncertainty about whether they can successfully develop and start production in the future, and there is no impact on the company's performance in the short term.

[Investment projects]

Jingke Technology (601778.SH): Plans to use savings of 397.343 million yuan to build a new “industrial and commercial distributed 46.06 MW photovoltaic power generation project”

Jingke Technology (601778.SH) announced that the company plans to close the 52.43 MW industrial and commercial project and use the savings of the project up to February 29, 2024 (including interest, the actual amount is based on the balance of the special account on the day the funds are transferred out) to build a new “industrial and commercial distributed 46.06 MW photovoltaic power generation project”.

Binhai Energy (000695.SZ): Plans to invest a total of about 3,983 billion yuan to build the Rajinghe Photovoltaic Solar Cell Project

Binhai Energy (000695.SZ) announced that its subsidiary Baotou Xuyang New Energy Technology Co., Ltd. (“Baotou Xuyang New Energy”) plans to invest in the construction of a 5GW solar photovoltaic cell project, and Sun Company Baotou Xuyang Silicon Technology Co., Ltd. (“Baotou Xuyang Silicon”) plans to invest in the construction of a 10GW crystal project (the two projects are collectively known as “projects”). The project construction sites are located in Baotou Rare Earth High-tech Industrial Development Zone and Tumot Teyouqi New Industrial Park, Inner Mongolia Autonomous Region. The formalities will be completed one after another Land use preparation. The total investment of the project is estimated at about 3,983 billion yuan.

Dorui Pharmaceutical (301075.SZ): Proposed construction of pharmaceutical raw materials and intermediates projects

Dorui Pharmaceutical (301075.SZ) announced that in order to enrich the production platform for pharmaceutical intermediates and APIs and further improve the company's industrial chain layout, Tibet Dorui Pharmaceutical Co., Ltd. plans to sign a “Contract for Investment in the Construction of Pharmaceutical Ingredients and Intermediates Projects” with the Yicheng Municipal People's Government. The project is located in the Xiangyang (Yicheng) Fine Chemical Industrial Park and covers an area of 128 acres. The details are as specified in the state-owned land use rights concession contract. The project aims to make full use of the location advantages of Yicheng Fine Chemical Park, rely on the existing foundation of the subsidiary Hubei Xinchengda Chemical Co., Ltd., enrich the production platform for pharmaceutical intermediates and APIs, and further improve the company's industrial chain layout.

Shanghai Energy (600508.SH): Plans to invest 626 million yuan to build a 132MW photovoltaic power plant project in the Longdong coal mining subsidence area

Shanghai Energy (600508.SH) announced that in order to promote the development of new energy bases in the Jiangsu region and make every effort to build the company's “integrated source network load and storage” demonstration base and the construction of a clean energy base for ecological management in the one million kilowatt coal mining subsidence area, the 19th meeting of the company's 8th board of directors held on March 19, 2024 reviewed and passed the “Proposal on Investing in the Construction of a 132MW Photovoltaic Power Plant Project in the Longdong Coal Mining Subsidence Area”, and agreed to invest in the construction and installation of China Coal Mining Subsidence Area. A photovoltaic power plant project in the Longdong coal mining subsidence area with a capacity of 132 MW (installed capacity of 165.88 MWp on the DC side). The estimated total investment capital is 626.31 million yuan, of which the capital accounts for 20% of the total investment, and the remaining 80% is invested in bank loans.

[Contract won the bid]

Jinpan Technology (688676.SH): Wholly-owned subsidiary signs contracts for intelligent manufacturing projects and digital factory projects

Jinpan Technology (688676.SH) announced that Guangzhou Tongxiang Digital Technology Co., Ltd. (known as “Guangzhou Sharing”), a wholly-owned subsidiary of the company, recently signed separate contracts for intelligent manufacturing projects and digital factory projects with customer C's subsidiary, with a total contract amount of 229.4311 million yuan (tax included).

Tianyi Shangjia (688033.SH): Won the bid for the 171 million yuan railway operating materials joint procurement project (EMU brake pads)

Tianyi Shangjia (688033.SH) announced that the company recently received the “Notice of Winning Bid” issued by China Railway Materials Co., Ltd., announcing that the company won the bid for the “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” for the railway operation materials joint procurement project (EMU brake pads), and the winning bid amount was 171 million yuan (tax included).

[[Share acquisition]

Sun Moon Co., Ltd. (603218.SH) announced that its wholly-owned subsidiary Sun Moon Heavy Industries (Gansu) Co., Ltd. plans to sign an “Share Acquisition Agreement” with Zhejiang New Energy Investment Group Co., Ltd. (“Zhejiang Xinneng”) to transfer 80% of its shares in Jiuquan Zhejiang Xinneng Wind Power Co., Ltd. (“Jiuquan Zhejiang Xinneng”), at a transfer price of RMB 381,810,526.32. After this equity transfer, Gansu Riyue's shareholding ratio in Jiuquan Zhejiang Xinneng was reduced from 95% to 15%, and Jiuquan Zhejiang Xinneng was no longer included in the scope of the company's consolidated statements.

[Performance data]

Jinshan Office (688111.SH): Net profit in 2023 increased 17.92% year-on-year to 1,318 billion yuan, and plans to distribute 10 to 8.8 yuan

Jinshan Office (688111.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 4.556 billion yuan, an increase of 17.27%; net profit attributable to shareholders of listed companies of 1,318 billion yuan, an increase of 17.92% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 1,232 billion yuan, an increase of 34.45% year on year; and basic earnings per share was 2.86 yuan/share. It is proposed to distribute a cash dividend of 8.8 yuan (tax included) for every 10 shares.

In the reporting period, in the main business, domestic personal office service subscription business revenue was 2,653 billion yuan, up 29.42% year on year; domestic institutional subscription and service business revenue was 957 million yuan, up 38.36% year on year. As of December 31, 2023, the number of monthly active devices for the company's main products was 598 million, an increase of 4.36% over the previous year. Among them, the number of monthly active devices in the PC version of WPS Office was 265 million, up 9.50% year on year; the number of monthly active devices in the WPS Office mobile version was 330 million, up 0.61% year on year. The company's cumulative annual paid individual users reached 35.49 million, an increase of 18.43% over the previous year.

Dongfang Cable (603606.SH): Net profit increased 18.78% year-on-year in 2023, and plans to pay 10 4.50 yuan

Oriental Cable (603606.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 7.31 billion yuan, an increase of 4.30%; net profit attributable to shareholders of listed companies of 1 billion yuan, an increase of 18.78% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 968 million yuan, an increase of 15.50% year on year; and basic earnings per share of 1.45 yuan. It is proposed to distribute a cash dividend of 4.50 yuan (tax included) for every 10 shares to all shareholders.

Zangge Mining (000408.SZ): Net profit in 2023 fell 39.52% to 3.42 billion yuan, and plans to pay 10 to 8 yuan

Zangge Mining (000408.SZ) announced its 2023 annual report. In 2023, the company achieved operating income of 5.226 billion yuan, a year-on-year decrease of 36.22%; net profit attributable to shareholders of listed companies was 3.42 billion yuan, a year-on-year decrease of 39.52%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 3,575 billion yuan, a year-on-year decrease of 37.25%; basic income per share was 2.18 yuan; it plans to distribute a cash dividend of 8.00 yuan (tax included) for every 10 shares to all shareholders.

[Repurchase]

Shentong Express (002468.SZ): Plans to spend 30 million yuan to 50 million yuan to buy back the company's shares

Shentong Express (002468.SZ) announced that the company plans to use its own funds to repurchase the company's shares through centralized bidding, which is intended to be used for equity incentives or employee stock ownership plans. The total amount of repurchase capital shall not be less than RMB 30 million and not more than RMB 50 million (all capital included). The repurchase price does not exceed RMB 11/share (including the number of shares). The repurchase period shall not exceed 6 months from the date the board of directors of the company reviews and approves the share repurchase plan.

GM Shares (601500.SH): Plans to repurchase 25 million yuan to 50 million yuan of company shares

GM Shares (601500.SH) announced that it intends to repurchase the company's shares with a total capital of not less than RMB 25 million and no more than RMB 50 million, and the repurchase price will not exceed RMB 7.00 per share.

Lin Yang Energy (601222.SH) announced that Qidong Huahong Electronics Co., Ltd. (hereinafter referred to as “Huahong Electronics”), the controlling shareholder of the company, increased its holdings of the company's shares (hereinafter referred to as “initial increase”) by 4,480,300 shares through the Shanghai Stock Exchange system on March 20, 2024, accounting for 0.22% of the company's total share capital, with an increase of 29.1593 million yuan. Based on firm confidence in the company's future stable development and recognition of the company's long-term investment value, Huahong Electronics plans to use its own capital to take the opportunity to increase its holdings through centralized bidding or bulk transactions within 6 months from the date of the initial increase in holdings. The proposed increase amount is not less than RMB 50 million and no more than RMB 10 million (including the initial increase amount).

Hangzhou Thermal Power (605011.SH): Hangshi Group plans to reduce its holdings by no more than 1%

Hangzhou Thermal Power (605011.SH) announced that Hangshi Group plans to reduce the company's shares by no more than 4,001,000 shares through centralized bidding transactions, that is, no more than 1% of the company's total share capital.

Baodi Mining (601121.SH): Haiyi Investment plans to reduce its holdings by no more than 3%

Baodi Mining (601121.SH) announced that due to its own business development needs, Haiyi Investment plans to reduce its holdings of the company's shares through centralized bidding and bulk transactions by no more than 24,000,000 shares, that is, no more than 3.00% of the company's total share capital.

[Other]

*ST Changfang (300301.SZ): Signed a cooperation framework agreement with SDIC (Guangxi)

*ST Changfang (300301.SZ) announced that the company (“Party B”) recently signed a “Cooperation Framework Agreement” with China Power Investment (Guangxi) New Energy Co., Ltd. (“Party A”). In order to respond positively to the country's “carbon peak and carbon neutrality” goals and effectively fulfill the energy saving and emission reduction responsibilities of central enterprises, both parties A and B plan to use the “Rural Revitalization Plan” as a starting point to establish a long-term partnership to accelerate cooperation in investment and construction of new energy projects.

One Stone (688733.SH): Signed a strategic cooperation framework agreement with Huamin Co., Ltd.

One Stone (688733.SH) announced that under the global trend of commitment to green sustainable development and the country's promotion of a “carbon peak and carbon neutrality” strategy, the new high-efficiency photovoltaic industry has ushered in a period of good development opportunities. In order to meet the higher performance requirements of the new and efficient photovoltaic industry for high-purity quartz sand materials and products, after friendly negotiations, the company and Huamin Co., Ltd. decided to jointly carry out strategic cooperation and sign a framework agreement. The aim is to gather the innovative resources and technical advantages of both parties, jointly explore the optimization of downstream application scenarios of artificially synthesized quartz sand, enhance the competitiveness of the products of both parties, and open up a wider market.