Testing the water and grid sales in the future? Shenlong company integration is imminent

  At the end of March, PSA Philippe Varan quietly arrived in Beijing. The most important agenda of this trip was to participate in the board of directors of Shenlong Company and conduct final discussions on the integration of Dongfeng and Dongfeng.


  According to sources, the integration of the two brands that have been rumored in the industry recently has been officially finalized at the board of directors. The Ministry of Commerce of Shenlong’s Dongfeng Citroen and Dongfeng Peugeot brands will be integrated into a unified Dongfeng Peugeot Citroen sales company (hereinafter referred to as the "sales company"). The current general manager of Dongfeng Citroen, Wei Wenqing, will serve as the head of the sales company and oversee the operation of the two brands. The sales part that is not involved in this integration may be moved in the next step. The news is expected to be officially announced on the eve.


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  In fact, it was not the first time that the integration of Shenlong dual brands was proposed, but it was always difficult for Dongfeng and PSA to reach a consensus. With PSA’s global strategic adjustment, the "door" was opened for the substantive passage of the proposal…


  Two into one


  The current organizational structure of Shenlong Company is divided into Dongfeng Citroen Ministry of Commerce and Dongfeng Peugeot Ministry of Commerce under the top management of Shenlong Board of Directors. Under these two departments of Commerce, there are departments involved in procurement, research and development, sales, quality, planning, branding, production, and personnel.


  It is understood that the integration of the two major ministries of commerce will involve personnel, administration, finance, parts procurement, after-sales services and many other fields, but the sales and marketing departments will still maintain relatively opposing operations. In the words of the above-mentioned people familiar with the matter, except for sales and marketing, all places that consumers cannot see will be integrated.Despite this, the sales and marketing departments will still be managed by the newly established sales company. If successful, this integration plan will be fully completed by the end of April 2012.



"Current General Manager of Dongfeng Citroen Wei Wenqing"


  This will inevitably lead to a series of personnel changes. The most important of which is the adjustment of the two top executives of the current Ministry of Commerce.According to reports, Wei Wenqing, the current general manager of Dongfeng Citroen, will become the head of the sales company and oversee the operation of the two brands.Regarding the news that Lei Xin, general manager of Dongfeng Peugeot, will be transferred to the director of Shenlong Strategic Planning Department, the above-mentioned person denied that it is unlikely.Lei Xin is likely to be the Chinese executive for the planned Dongfeng joint venture.


  In addition, on the Dongfeng Peugeot Ministry of Commerce will also move from Beijing to Shanghai rumors, we learned that the Dongfeng Peugeot Ministry of Commerce will not be relocated to Shanghai as a whole, sales and marketing departments will remain in Beijing, personnel, administration, finance and other functional areas of business will be relocated to Shanghai, in the future, the sales company will implement multi-site management.


  After the completion of this integration, it means that the dual-brand independent operation model that has lasted for nearly a decade in Shenlong will become history.


  Shenlong insiders revealed that this is a major event for Shenlong Company, so a "reorganization committee" was established within Shenlong to promote the integration. Members include: Sun Xiaodong, director of product planning and market strategy for Asia, PSA, Liu Weidong, deputy general manager of Dongfeng Company, Wei Wenqing, general manager of the Ministry of Commerce of Dongfeng Citroen, and Lei Xin, general manager of the Ministry of Commerce of Dongfeng Peugeot.


  In fact, the integration of Dongfeng Citroen and Dongfeng Peugeot had already begun as early as 2009. When Tang Teng, the former deputy general manager of Dongfeng Peugeot, was transferred to the head of the strategic planning department of Shenlong Automobile, he also had a new identity, that is, the dual-brand marketing director. This is a new position that has never existed in Shenlong Automobile’s organizational structure.


  The establishment of the dual-brand marketing director position is a signal, the above person said. Subsequently, before the original PSA China headquarters was relocated to Shanghai, the two brands’ parts and after-sales services systems began to be initially integrated. At present, the integration of parts and after-sales services systems has basically met expectations. After this series of events paved the way, Dongfeng Peugeot Citroen Sales Company has really raised the agenda.


  "Left hand" hit "right hand"


  The person said that the formation of Shenlong’s "dual-brand independent operation" model has its own unique background. As early as 1992, when PSA entered the joint venture with Dongfeng Motor Company in China, only Citroen was introduced. In 2002, Dongfeng Motor Company signed an expansion cooperation contract with France’s PSA Group, and the Peugeot brand was included in Shenlong’s command. The dual-brand operation model was also formed.


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  At first, it was hoped that the two brands could have synergies and differentiated operations. PSA Global has always adhered to the structure of independent operation of Peugeot and Citroen for many years. Unfortunately, it backfired.


  When talking about the products of Dongfeng Peugeot and Dongfeng Citroen, a senior product editor said that He, Citroen, and Yu are like twin brothers, whether it is product positioning or price range, they are direct competitors of each other.


  Liu Weidong, deputy general manager of Dongfeng Motor Company, has also mentioned many times that Citroen and Peugeot share platforms and technologies, and there is not much difference in terms of accessories, after-sales maintenance, etc. Therefore, there is no need to set up two teams to operate.


  The implementation of the dual-brand strategy for so many years has obviously not brought Shenlong the rewards it deserves. It is understood that PSA is the earliest international brand to enter the Chinese auto market after that. However, according to relevant statistics, from the implementation of the Shenlong dual-brand strategy in 2003 to 2010, the total sales volume of Shenlong in 7 years was 1.56 million vehicles, while Volkswagen’s joint venture in China, Shanghai Volkswagen, achieved sales of more than 1 million vehicles in 2010 alone. On the contrary, "left hand" plays "right hand", and the establishment of two sets of teams and two sets of personnel has caused a significant increase in operating costs.


PSA’s global strategy realigns behind the scenes


  However, this situation is obviously not new today. According to people familiar with the matter, a global in-depth strategic adjustment of PSA has become the key to promoting the substantive integration of the two brands.


  It is understood that PSA Group Global is rearranging the two major brands of Peugeot and Citroen through a series of restructurings, not only establishing two new positions of commercial operation director and international operation director of Peugeot and Citroen in Europe, but also two former executives in China. Additionally, a general manager is assigned to each European country market to be responsible for the business of Peugeot and Citroen, and to develop and manage the sales network.


  In fact, PSA’s global integration is far from over, even beyond PSA itself. Recently, General Motors and PSA announced that they will form a long-term and large-scale global strategic alliance. The content of the alliance between the two parties is mainly focused on two aspects. First, the two sides share in the field of complete vehicle platforms, parts and modules. Second, the two sides will establish a joint venture global procurement enterprise to be responsible for the procurement of raw materials, parts and other products and services of the alliance. The joint venture global procurement enterprise will have an annual comprehensive procurement volume of 125 billion US dollars. In addition, the alliance will also lay the foundation for the two sides to explore cooperation in other fields.


   "Sharing resources and reducing costs are the keywords for PSA’s integration, whether it is restructuring the two brands or marrying GM," a PSA insider said. This idea also applies to the integration of the two brands under Shenlong.


  Coincidentally, in the eyes of veteran automotive expert Zhang Zhiyong, Shenlong’s integration plan is very similar to the existing model of Shanghai GM. He believes that this is closely related to Sun Xiaodong, one of the four core members of Shenlong’s "reorganization committee". After all, the reform of Shanghai GM’s brand business unit was carried out by Sun Xiaodong.


  Zhang Zhiyong said that Peugeot Citroen is more like two companies than two brands to the outside world. The disadvantage of this company brand system is that the overall operating cost of Shenlong is relatively high, and the cooperation between the two brands in business, procurement, communication, personnel and other aspects cannot form complementary advantages. Shanghai GM’s brand structure is obviously very different from Shenlong. Shanghai GM has three brands. Each brand was more in charge of marketing and marketing functions. However, the personnel, administration, and finance of the three brands were uniformly owned by Shanghai General. The characteristics of this system were to centralize power first, then decentralize power, first establish the leadership of Shanghai General, such as personnel, finance, etc., and then let each brand operate independently in terms of business policy, market positioning, and marketing communication. In comparison, the current Shenlong Company was more like a puppet head office.


  However, many people in the industry still have reservations about how much the integration of a company’s internal functional structure that does not involve sales and marketing can enhance the market competitiveness of the two brands. It is worth noting that the sales part that is not involved in the integration of the two brands may be moved in the next step. Shenlong Automobile will try to set up some 3S stores and 2S stores in the third- and fourth-tier markets to connect the two brands for sales.


  In fact, similar thinking has also appeared in the channel reform, which is called channel coordination internally. That is, for the third and fourth lines, the models of the three independent series of Dongfeng, Dongfeng Liuqi and Zhengzhou Dongfeng brands will be sold in the same exhibition hall. In April and May this year, collaborative investment promotion will be carried out. At present, the coordination store has launched three franchise stores in Hunan Xiangtan, Fujian Longyan and Jilin Xinhui, which are blank in the network. It is also reported that SAIC has also begun to try to sell online with MG in some areas where sales are not good.


  An industry insider believes that the number of 4S stores in China is unique in the world. At present, when the market has bid farewell to the previous rapid growth, some brand manufacturers and distributors are a little overwhelmed by the huge operating costs of 4S stores. When the operating conditions are not enough to support the basic survival of 4S stores, for brands belonging to the same company, online sales can be a response.


  However, the strategy is still in the exploration stage. Perhaps, the integration of Shenlong Company is not over. (Text/Li Lin)


  Read more:


  Rumor has it that Dongfeng Peugeot and Dongfeng Citroen will be integrated within the year
  //www.autohome.com.cn/news/201202/300453.html


  Shenlong Auto’s 5-year plan will launch a variety of new models
  //www.autohome.com.cn/news/201104/188638.html



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Liuzhou area blue electricity E5 price reduction information, the latest offer 99,800

Welcome to the Autohome Liuzhou discount promotion channel, we bring you the latest market trends. At present, the much-watched electric vehicle is holding a grand promotion in Liuzhou. According to the latest information, car buyers can enjoy a cash discount of up to 40,100 yuan, which further reduces the starting price of this model to 99,800 yuan. This is a great opportunity not to be missed. Consumers who want to seize this price reduction opportunity, please be sure to click "Check the car price" in the quotation form to get a more favorable car purchase price. Take action now and make the Blue Electric E5 your ideal car!

柳州地区蓝电E5降价信息,最新报价9.98万!现车充足

柳州地区蓝电E5降价信息,最新报价9.98万!现车充足

The Blue Electric E5 features an elegant and sporty profile with its smooth body lines. It has 4760mm*1865mm*1710mm body size, showing solid body proportions. With a long wheelbase of 2785mm, it provides ample support for the interior space. The front and rear wheelbases are 1585mm and 1580mm respectively, ensuring driving stability. The model adopts a consistent tire specification. The front and rear wheels are equipped with 225/55 R18 tires. With a delicate rim design, it not only provides good grip, but also adds to the visual appeal of the vehicle.

柳州地区蓝电E5降价信息,最新报价9.98万!现车充足

The interior design of the Blue Electric E5 is dominated by simplicity and technology. Its spacious cockpit uses a leather-wrapped steering wheel to provide a good grip and comfort. The steering wheel supports manual up and down adjustment, which is convenient for the driver to adjust the appropriate position according to personal needs. The 12.3-inch central control screen stands on the dashboard, clearly displaying multimedia, navigation, phone and air conditioning information, and has automatic speech recognition function for easy operation.

In terms of seats, the Blue Electric E5 is made of imitation leather to provide a comfortable ride experience. The main driver’s seat supports front and rear adjustment, backrest adjustment and high and low adjustment (2 directions) to meet the individual needs of different drivers. The passenger seat also has front and rear adjustment functions and backrest adjustment to ensure a comfortable ride for passengers. The second row of seats can be adjusted backrest, providing more space options for rear passengers. In addition, the seat layout is flexible, and the rear seats support proportional reclining, which increases the practicality of the space.

柳州地区蓝电E5降价信息,最新报价9.98万!现车充足

The Blue Electric E5 is equipped with a 1.5L displacement four-cylinder engine with a maximum power of 81 kilowatts and a torque output of 135 Nm. It is matched with a high-efficiency E-CVT continuously variable transmission, which ensures smooth power transmission and energy-saving and environmentally friendly performance.

Summarizing the sharing of the Autohome owner, he is full of praise for the body appearance of the Blue Electric E5, especially the elegance and atmosphere of black. As a good man who has a deep understanding of the art of life, he chose to satisfy his wife’s preferences, which undoubtedly added more warmth and harmony to their lives. It can be seen that the Blue Electric E5 not only wins people’s hearts in design, but also reflects the thoughtfulness and quality in the details, becoming a powerful partner in their lives.

The "groupies" in Sea Science City – "Yuanwang" measures the group portraits of scientific workers on board

  On the morning of January 20, Yuanwang 6, which successfully completed the 26th and 27th Beidou navigation satellite maritime monitoring and control missions, docked at the wharf of the China Satellite Maritime Monitoring and Control Department, which also means that the China Satellite Maritime Monitoring and Control Department has started a new year of work.

  The "Yuanwang" survey ship is known as the "Maritime Science City". In 2017, the "Yuanwang" fleet successfully completed 11 maritime measurement and control missions. Here, the Science and Technology Daily reporter saw that the "star chasers" in the Maritime Science City chased their dreams in the ocean and built their dreams in space, and used practical actions to write a chapter for the realization of the "space dream".

  Gold Operator Hu Jinhui: Ocean Holding Star "First Person"

  A basin of clear water, a ping-pong ball, a pair of chopsticks – a game was going on fiercely. The swell lashed violently against the side of the boat, the hull swayed, and the ping-pong balls in the water flipped non-stop. In the flash of lightning, a pair of chopsticks firmly clamped the ping-pong ball.

  "It’s Hu Jinhui again!" The onlookers cheered. Hu Jinhui – Yuanwang No. 6 ship measurement and control technician, the main operator of a certain type of measurement and control radar.

  To measure and control space targets at sea, the operator is first required to track the target quickly, accurately and stably. The task of the radar operator is to use the radar to track and capture the target at the first time, which is directly related to the success or failure of the maritime measurement and control mission. They were the first to see the satellites in the sky on the ocean, so they were called the "first people" in the ocean to lead the star.

  "Playing this small game is not only for entertainment, but also to exercise the radar operator’s eyesight, wrist strength and arm strength." Speaking of professionalism, Hu Jinhui gushed, "The electromagnetic wave interference on board, sea level refraction interference, etc. will all affect the capture target. How to eliminate interference and quickly capture the target requires the operator to have keen observation. The left hand controls the’orientation ‘and the right hand controls the’pitch’. The combination of the two is equivalent to drawing circles with one hand and drawing squares with the other. In order to accurately control the equipment, the operator’s hands need to be extremely skilled and closely coordinated…"

  During a mission, the target appeared more than ten seconds in advance, the sky was still raining, and the target kept flashing and jumping, making it difficult to capture. Hu Jinhui was stunned, his head was blank, his palms were sweaty, and his calves were trembling. After the initial tension passed, he forced himself to calm down, find the predetermined track, and quickly captured the target with the stunt he had practiced for many years.

  In 2011, Shenzhou VIII and Tiangong-1 were rendezvous and docking in space for the first time. Yuanwang VI needed to track the spacecraft 100 laps. 100 laps, laps are all tests. The sea conditions are poor and the tracking time is long, and both physical and psychological are subject to multiple tests. In this protracted battle, Hu Jinhui and his team successfully completed the mission. In 2013, when performing the mission, in the face of unprecedented severe sea conditions, he and his colleagues carefully tested and maintained the equipment, and finally achieved "zero failure" of the radar antenna. The tracking accuracy of the circle meets the requirements of the index…

  Since boarding Yuanwang, Hu Jinhui has successfully completed more than 50 missions. Hu Jinhui said: "My dream is to keep working in my post and do my best to contribute to the aerospace industry."

  The new crew of Dr. Tian UK: giving the professional group the wings of efficiency

  Rich theory and lack of practice, plump ideals and cruel reality, the two encounter, so that the new crew of the Yuanwang No. 6 ship, Tian Yingguo, was severely slapped in the face as soon as he got on the ship.

  The first time he went to sea, he went to the harsh Indian Ocean, and the seasickness that was already commonplace to others made him complain.

  The first time he was on duty, unfamiliar equipment, numerous circuit diagrams, and complex signal flow charts kept him in a hurry.

  The first time he was on a mission, sitting behind the monitoring desk, the tense atmosphere and rigorous process made him, who was responsible for a tiny part of the satellite launch mission, feel his own insignificance and the glory of his mission.

  Difficulties always have to be overcome. Learn from the basic principles, start from the basic operation, actively communicate with the post master if you don’t understand, and work overtime to make up lessons if you don’t understand. After the foundation was firmly established, Tian Yingying made rapid progress. In just two months, he had become proficient in a series of operations such as theodolite star measurement and deformation point detection, and understood the principles, becoming a qualified optical post technician.

  After successfully passing the apprenticeship period, he did not stop his research. Taking charge of equipment is a basic requirement for every position, and Tian Yingying set himself a higher goal – to find out the equipment is insufficient and correct it.

  When performing offline data comparison on two different types of inertial navigation equipment at one time, he found that this manual comparison mode was time-consuming and labor-intensive, and the operation steps were cumbersome. The accuracy and timeliness were also highly susceptible to human factors.

  Why not give full play to his strengths and use automated software instead of manual scientific comparison? For Tian Yingying, who has been working on software data processing in the laboratory for a long time, everything seems to be a natural fit. After consulting data, discussing and analyzing, optimizing algorithms, and integrating interfaces, in repeated attempts and explorations, he successfully developed the "offline comparison software for a certain type of inertial navigation data of the surveying ship". This software was successfully run for the first time, reducing the comparison time from more than 10 minutes to 4 minutes, and the comparison accuracy was greatly improved.

  In just 100 days after boarding the ship, the new crew member Tian UK developed nearly 10 small software, including theodolite star measurement optimization software and ship elevation calculation software, which gave the professional team the wings of efficiency and made maritime measurement and control more accurate.

  System Engineer Lei Guojian: The land-sea relay looks at the "China Star" from a distance

  Lei Guojian, who had been longing for the sea since he was a child, came to work on the "Yuanwang" after graduating from college in 2008. Unexpectedly, he was assigned to the Yuanwang No. 2 ship, which was about to retire from the maritime measurement and control line. "Although Yuanwang No. 2 ship has outstanding merits, the suspension of sailing means that it cannot go to sea!" Lei Guojian was a little depressed.

  It doesn’t matter if the ship doesn’t go to sea, people are the most terrifying if they don’t have the will to fight. Lei Guojian, who cheered up, took the satellite long tube task as a maritime measurement and control task and explored a new model of "manned, unattended". The staff was reduced from 6 to 2, and the long tube task of 16 satellites and more than 1,150 laps was successfully completed, which drew a successful conclusion to the measurement and control process of Yuanwang No. 2.

  In October 2014, Yuanwang No. 7 ship officially started construction, and Lei Guojian was selected as the first batch of key personnel to go to the equipment development plant to start equipment and production learning and quality supervision.

  He fought for more than 600 days and nights in a row and traveled to more than 10 cities. He participated in the review of more than 250 equipment design drawings, found more than 20 errors in the drawings, solved more than 50 equipment problems, and firmly held the key to equipment quality control. He made great contributions to the smooth completion of Yuanwang No. 7 ship’s measurement and control equipment and the rapid formation of measurement and control capabilities.

  In May 2016, there was a problem in the first comprehensive exercise of the whole system and full staff after the construction of Yuanwang No. 7 ship – the signal flashed out! However, from the transmitter to the receiver, from the cable to the plug, from the hardware to the software one by one, the crux was not found. Lei Guojian, who was familiar with the No. 7 ship, led the professional team to work overtime to investigate one by one. The problem was finally identified as an error in the transmission polarization method, which completely solved the major technical problems.

  In the Shenzhou 11 manned flight mission, Yuanwang No. 7 was the first stick in the measurement and control of the land-sea relay. In an emergency when the target was about to enter the station, an equipment fuse blew and an alarm was issued. Lei Guojian made an emergency investigation and successfully located the faulty part, so that the equipment resumed normal work. Under the leadership of Lei Guojian, the professional team worked continuously for 20 hours, providing strong measurement and control support for the accurate orbit operation of the Shenzhou spacecraft. The professional group he led was rated as a "high-quality team" due to its excellent business ability and successful completion of the task. (Reporter
Zhang Qiang, Wei Long, Gao Chao, Yang Linhai)

Announcement of Shenzhen Listed Companies (August 31)

  Gong Ruiliang, a major shareholder of Guorui Technology, has reduced his holdings by a total of 0.72% and plans to continue to reduce his holdings by no more than 4.89%.

  () announced that the company’s shareholding of more than 5% shareholders Gong Ruiliang reduction plan time has expired, the cumulative reduction of the company’s shares 2.1221 million shares, the reduction ratio of 0.72%; it intends to continue to implement the new phase of the share reduction plan, is expected from September 21, 2022 to March 20, 2023 to reduce the holdings of no more than 14.3943 million shares, that is, not more than 4.89% of the company’s total share capital.

  Jingxing Paper intends to acquire minority shareholders of Jingxing Board Company for 224 million yuan

  () announced that the sixteenth meeting of the seventh board of directors and the eleventh meeting of the seventh board of supervisors of the company considered and approved the "Proposal on the Acquisition of Minority Shareholders of the Holding Subsidiary Zhejiang Jingxing Board Paper Co., Ltd.", agreeing that the company and Seal Limited Liability Company (Marshall Islands) (referred to as "Seal Company") signed the "Equity Transfer Agreement" to acquire 25% of the holding subsidiary Zhejiang Jingxing Board Paper Co., Ltd. (referred to as "Jingxing Board Paper Company") held by Seal Company for RMB 224 million yuan. After the completion of this transaction, the company’s shareholding ratio in Jingxing Board Company will be increased from 75% to 100%.

  Guanghetong: Shenzhen Stock Exchange agrees to resume review of the company’s major asset restructuring

  () Announcement, regarding the company’s issuance of shares and payment of cash to purchase 51% equity of Shenzhen Ruiling Wireless Technology Co., Ltd. and the raising of supporting funds, on June 30, 2022, the company received the suspension of moderation approval status from the Shenzhen Stock Exchange: "The financial information recorded in the application documents for major asset restructuring of Shenzhen Guanghetong Wireless has passed the valid period and needs to be submitted. In accordance with the relevant provisions of the" Review Rules for Major Asset Restructuring of Listed Companies in the growth enterprises market ", the exchange has suspended the review of it. The company has now completed the update of the financial information recorded in the application documents for this major asset restructuring, and submitted an application for resumption of review to the Shenzhen Stock Exchange.

  On August 30, 2022, the company received a notice from the Shenzhen Stock Exchange agreeing to resume the review of this major asset restructuring.

  Guangji Pharmaceutical subsidiary production line stopped

  () announced that the company’s holding subsidiary Guangji Pharmaceutical (Mengzhou) Co., Ltd. (referred to as "Mengzhou Company") was affected by the following reasons, resulting in the maintenance work could not be completed according to the original time. According to the actual situation of the current maintenance work, the maintenance time needs to be postponed, and it is expected to be completed by September 30, 2022. The specific reasons are as follows: 1. Affected by the epidemic, some imported equipment and spare parts required for maintenance could not arrive on time, which had a great impact on the maintenance work; 2. During the maintenance period, due to the continuous high temperature and hot weather, the difficulty of maintenance operations was increased, resulting in a lag in maintenance progress.

  The company said that the current stock of finished products in Mengzhou is sufficient and will not affect sales.

  Chuanheng Co., Ltd. Subsidiary Chuanheng Ecological Restoration Production

  Recently, Chuanheng Ecological, a wholly-owned subsidiary of the company, has been notified by relevant departments and has resumed normal production. As the company’s technology incubation base, Chuanheng Ecological’s temporary suspension of production has little impact on the company and will not have a significant adverse impact on the company’s operating results.

  Chuanheng Co., Ltd.: Subsidiary Chuanheng Ecological Restoration Production

  Chuanheng Co., Ltd. announced on the evening of August 30 that recently, its wholly-owned subsidiary Chuanheng Ecology has been notified by relevant departments and has resumed normal production. As the company’s technology incubation base, Chuanheng Ecology’s temporary suspension of production has little impact on the company and will not have a significant adverse impact on the company’s operating results.

  Guangji Pharmaceutical: The maintenance time of the production line of the holding subsidiary needs to be postponed

  Guangji Pharmaceutical announced on the evening of August 30 that the maintenance work of Mengzhou Company, a subsidiary of the company, could not be completed according to the original time. According to the actual situation of the current maintenance work, the maintenance time needs to be postponed, and it is expected to be completed by September 30. At present, Mengzhou Company has sufficient inventory of finished products and will not affect sales.

  Chengzhi shares: 4.80 billion yuan to invest in POE projects and ultra-high molecular weight polyethylene projects

  () On the evening of August 30, the company announced that in order to further expand the development space in the field of new chemical materials, it plans to invest in the construction of POE (polyolefin elastomer) projects and ultra-high molecular weight polyethylene projects in Dongjiakou Economic Zone of Qingdao West Coast New Area through its wholly-owned subsidiary Qingdao Huaqing. The estimated investment amount is about 4 billion yuan and 800 million yuan respectively.

  Chengzhi subsidiary plans to invest 4.80 billion yuan in POE and ultra-high molecular weight polyethylene projects

  Chengzhi shares announced that in order to further expand the development space in the field of new chemical materials, the company plans to invest in the construction of POE (polyolefin elastomer) projects and ultra-high molecular weight polyethylene projects in Dongjiakou Economic Zone of Qingdao West Coast New Area through its wholly-owned subsidiary Qingdao Chengzhi Huaqing New Materials Co., Ltd. The estimated investment amount is about 4 billion yuan and 800 million yuan respectively.

  Chengzhi shares: plans to invest in POE projects and ultra-high molecular weight polyethylene projects

  On August 30th, Chengzhi shares announced that it plans to invest in the construction of POE (polyolefin elastomer) projects and ultra-high molecular weight polyethylene projects in Dongjiakou Economic Zone of Qingdao West Coast New District through its wholly-owned subsidiary Qingdao Chengzhi Huaqing New Materials Co., Ltd. The estimated investment amount is about 4 billion yuan and 800 million yuan respectively. The rapid development of the photovoltaic industry under the background of "carbon neutrality" will significantly drive the development of photovoltaic film, and the marginal demand for POE will increase significantly. Lithium battery separator, as one of the main application fields of ultra-high molecular weight polyethylene resin, is in a stage of rapid development in our country.

  Zhang Xiliang, a shareholder of Weitang Industrial, has reduced his holdings by more than half, with a reduction ratio of 0.99%.

  () announcement, the company shareholders Zhang Xiliang, Qian Guanghong, Wuxi Bo Ao investment center (limited partnership) to reduce the plan time has more than half. Only Zhang Xiliang implementation of the reduction, the total reduction of the company’s shares 1.556 million shares, accounting for 0.99% of the total share capital.

  Sanlian grants 6.805183 million restricted shares to 176 incentive recipients

  () issued an announcement that the restricted stock grant conditions stipulated in the company’s 2022 restricted stock incentive plan have been achieved, and determined that the grant date of restricted stock is August 29, 2022, and the grant price of RMB 6.98/share will be granted to 176 incentive objects 6.805183 million restricted stock.

  Tianhua Super Clean: The cumulative amount of the contract signed between the subsidiary and Chengdu Bamo is about 1.931 billion yuan

  () Announcement on the evening of August 30, from January 1st to August 30th, the company’s holding subsidiary Tianyi Lithium Industry and the same counterparty Chengdu Bamo have signed a daily operating contract with a certain contract amount of about 1.931 billion yuan (excluding tax), accounting for the company’s 2021 audited operating income. The proportion exceeded 50%.

  Zhongrui shares: the proposed non-public offering does not exceed 100 million yuan debt financing plan

  () On the evening of August 30, the company plans to apply for registration in Yunnan Guoyuan Stock Information Service Co., Ltd. and non-public debt financing plan, and the total scale of financing does not exceed 100 million yuan.

  Lei Yongqiang, the actual controller of Deen Seiko, plans to reduce his holdings by no more than 1.93%.

  Lei Yongqiang, the controlling shareholder and actual controller of the company, plans to reduce his holdings of the company’s shares by means of centralized bidding or block trading, and the number of reduced holdings shall not exceed 2.83 million shares, that is, not more than 1.93% of the company’s total share capital.

  Wanneng Electric Power plans to increase its capital to the participating company by 415.80 million yuan to build the second phase of China Coal Xinji Lixin Power Plant

  () announced that in order to meet the needs of the company’s power business development, the company plans to invest in the construction of the second phase of the Lixin Power Plant with the joint-stock company Lixin Power Generation as the main investor, namely, the construction of 2 × 660MW ultra-supercritical coal-fired generating units, and the simultaneous construction of coal transportation, flue gas desulfurization, denitrification, dust removal, wastewater treatment, booster stations, water diversion pipelines, ash and slag storage devices.

  The second phase of Lixin Power Plant project is expected to control the dynamic investment within 4.62 billion yuan, and the capital base ratio is 20%. The company plans to increase the registered capital of Lixin Power Generation by 415.80 million yuan according to the proportion of holding the equity of Lixin Power Generation.

  Tianhua Super Clean: Tianyi Lithium Industry and Chengdu Bamo signed a contract in 2022 with a cumulative amount of about 1.931 billion yuan

  Tianhua Super Net announced that from January 1, 2022 to August 30, 2022, Yibin Tianyi Lithium Industry Science and Technology Innovation Co., Ltd. (referred to as "Tianyi Lithium Industry"), a subsidiary of the company, and the same counterparty, Chengdu Bamo Technology Co., Ltd. (referred to as "Chengdu Bamo"), have signed a daily operating contract that can determine the contract amount. The cumulative amount is about 1.931 billion yuan (excluding tax).

  Dern Seiko: The controlling shareholder plans to reduce its stake by no more than 1.93%

  Dern Seiko announced on the evening of August 30 that the controlling shareholder and actual controller Lei Yongqiang plans to reduce the company’s shares by centralized bidding or block trade, and the centralized bidding transaction during the reduction period will be within six months after the 15 trading days from the date of the announcement. Within six months after the three trading days from the date of the announcement, the number of reduced holdings will not exceed 2.83 million shares, that is, not more than 1.93% of the company’s total share capital.

  WanNeng Electric Power: Increase capital 416 million yuan to the participating companies to build the second phase of China Coal Xinji Lixin Power Plant

  On August 30, Anhui Power announced that it would increase its capital by 415.80 million yuan to the participating companies to build the second phase of China Coal Xinji Lixin Power Plant, and the dynamic investment of the project was controlled within 4.62 billion yuan.

  Deen Seiko: The actual controller plans to reduce his holdings by no more than 1.93%.

  On August 30, Deen Seiko announced that Lei Yongqiang, the controlling shareholder and actual controller of the company, plans to reduce his holdings by no more than 1.93%.

  Bao New Energy: CITIC Securities, Gao Yi Fund and other 5 institutions investigated our company on August 29

  On August 30, 2022 (), an announcement was issued saying that CITIC Securities Li Xiang Cao Menghua, Qualcomm Fund Yu Weinian, Puyin AXA Roland, Blue Mo Investment Huanglongtang, and Anhe Investment Wang Yu Yuan Jiaying investigated our company on August 29, 2022.

  The details are as follows:

  Q: The company’s power and financial business development strategy and planning

  Answer: (1) The company’s development strategy is based on the main business of energy and power, expanding the field of financial investment, building a green rise pattern, and achieving scientific and sustainable development.

  (2) Business development plan

  ① Focusing on strengthening and expanding the core business of energy and power, we will focus on building a clean energy base in Lufengjiahu Bay.

  Strengthen the operation and management of the 1470MW circulating fluidized bed resource comprehensive utilization unit of Meishan Heshuyuan Power Plant and the new construction project of Guangdong Lufeng Jiahuwan Power Plant (2 × 1000MW), cooperate to strengthen the operation and management of Shanwei Houhu Offshore Wind Farm (500MW), focus on building a Lufeng Jiahuwan clean energy base, and accelerate the approval and application of the second phase expansion project of Guangdong Lufeng Jiahuwan Power Plant (2 × 1000MW).

  ② On the basis of expanding and strengthening the core business of energy and power, promote the stable compliance operation of Meizhou Commercial Bank, pay attention to and explore the development of new financial investment, smart energy, energy storage and energy saving, new energy service technology and other new strategic industries, and actively explore to find a healthy development path in line with its own characteristics.

  Q: How has the company operated since 2022?

  A: In the first half of 2022, the international environment became more complex and severe, the domestic epidemic was frequent, and the economic pressure increased significantly in the second quarter. Affected by factors such as weak power demand, a significant increase in incoming water compared with previous years, and continued high coal prices, the development of the thermal power industry is facing tremendous pressure.

  Facing the severe and complex domestic and international situation, the company actively responded to challenges, further built sustainable core competitiveness, and strived to achieve inward efficiency and outward stable development. During the reporting period, the company achieved operating income of 3.768 billion yuan, and net profit attributable to shareholders of listed companies 9.0718 million yuan.

  3. What is the specific situation of the second phase unit of the company’s Lufeng Jiahuwan Power Plant?

  The second phase expansion project of Lufeng Jiahuwan Power Plant of the company plans to build two 1 million-kilowatt domestic ultra-supercritical coal-fired generating units. The construction site is the Lufeng Jiahuwan Power Plant in Shanwei City, which is an existing site expansion project.

  In June 2022, the company received a notice from the Guangdong Provincial Development and Reform Commission that the expansion project of Units 3 and 4 of the second phase of Lufeng Jiahuwan Power Plant ranked first in the selection of coal power projects carried out by the Guangdong Provincial Development and Reform Commission. According to the selection results of coal power projects in the province, the Provincial Development and Reform Commission agreed to add 2 million kilowatts of coal power construction scale in Guangdong Province to the national "14th Five-Year" power construction plan for the expansion project of Units 3 and 4 of Lufeng Jiahuwan Power Plant (2 × 1 million kilowatts).

  The company is in accordance with the relevant requirements of the Guangdong Provincial Development and Reform Commission and Shanwei Development and Reform Bureau to carry out the preliminary work of the project, implement the supporting documents and construction conditions required for project approval, and strive to obtain approval and start construction as soon as possible to ensure that the "14th Five-Year Plan" is completed and put into operation.

  4. What measures does the company take to address the current situation of high coal prices?

  (1) At present, the company is actively coordinating and negotiating long-term cooperation with coal.

  (2) Since 2021, the price of thermal coal has continued to operate at a high level, and the development of the power industry has been under pressure, which has a significant impact on the operating profit of the company’s main power business.

  The company will actively respond to the operating situation of high coal prices and guaranteed power supply. On the one hand, it will pay attention to the optimization and pressure drop of internal costs, improve energy conservation and consumption, and improve operational efficiency. On the other hand, the company will flexibly formulate thermal coal procurement strategies according to production needs, market prices, and inventory conditions. It will actively explore the coal procurement market and reduce the comprehensive cost of coal procurement. It will pay close attention to national policies and actively implement the signing of a long-term coal agreement.

  Q: The development of the company’s financial investment business

  Answer: For the financial investment business, the company has always adhered to prudent management, taken multiple measures to revitalize existing assets, promoted the improvement of asset operation efficiency, and actively explored a healthy development path that meets its own characteristics, providing a guaranteed source of profit when the industry is facing difficulties.

  As of the end of the half year of 2022, the Meizhou Commercial Bank initiated by the company achieved a net profit of 80,184,500 yuan, an increase of 504.7% year-on-year; the Shanwei Houhu Offshore Wind Power Project, which participated in the investment, entered the first year of full production and power generation. Thanks to the good wind conditions, the project company implemented the sea breeze strategy, and implemented practical and excellent management measures. In the first half of 2022, the net profit was about 251 million yuan, and the unit utilization rate was 94%. Shenzhen Dongfang Fuhai Investment Management Co., Ltd., which participated in the investment by the company, achieved a net profit of about 120 million yuan in the first half of 2022, an increase of 30% year-on-year; the company’s main foreign investment projects have achieved good performance growth, which has made positive and effective contributions to the company’s consolidation of operation foundation,

  6. The company’s future development prospects

  The company’s core business is new energy power, and its industry is a new energy power sub-industry in the power industry. In the future, green, low-carbon and environmental protection will become the development trend of the industry. Driven by the national dual-carbon goal and the rapid development of new energy, the installed capacity of non-fossil energy power generation will continue to grow, and thermal power units will develop into large-capacity, high-parameter, and environmentally friendly units.

  The company will actively conform to the general trend of energy development, take advantage of the policy support advantages of its old revolutionary base area, combine the national policy advantages, industry first-mover advantages, market advantages, management rights value advantages, clean coal combustion technology advantages and management team advantages in the new energy power sub-industry, and focus on strengthening and expanding the core business of energy and power, focusing on building a Lufengjiahu Bay clean energy base. On this basis, pay attention to and explore the development of new financial investment, smart energy, energy storage and energy conservation, new energy service technology and other industries, and actively explore and find a healthy development path that suits its own characteristics to achieve sustainable development.

  Bao New Energy’s main business: new energy power generation, financial investment

  Bao new energy 2022 interim report shows that the company’s main income 3.768 billion yuan, a year-on-year decrease of 15.75%; net profit attributed to the mother 9.0718 million yuan, a year-on-year decrease of 98.63%; non-net profit deducted 40.5535 million yuan, a year-on-year decrease of 94.6%; in the second quarter of 2022, the company’s single quarter main income 1.552 billion yuan, a year-on-year decrease of 37.08%; net profit attributable to the mother 5.3216 million yuan in a single quarter, a year-on-year decrease of 99.07%; non-net profit deducted 5.9106 million yuan in a single quarter, a year-on-year decrease of 98.98%; debt ratio 40.16%, ROI 88.5385 million yuan, financial expenses 78.8914 million yuan, gross profit

  The stock has been rated by one agency and overrated by one in the last 90 days.

  Here is the detailed earnings forecast information:

  The margin financing and securities lending data shows that the stock has a net outflow of financing 130 million in the past 3 months, and the balance of financing has decreased; the net inflow of margin lending 2414.46 million, and the balance of margin lending has increased. According to the financial report data in the past five years, the Securities Star valuation analysis tool shows that the competitive moat in the Baoxin energy industry is good, the profitability is average, and the revenue growth is average. There may be hidden financial concerns, and the financial indicators that need to be paid attention to include: interest-bearing asset-liability ratio, accounts receivable/profit margin. The stock has a good company indicator of 2.5 stars, a good price indicator of 3 stars, and a comprehensive indicator of 2.5 stars. (The indicator is for reference only, the indicator range: 0~ 5 stars, the highest 5 stars)

  Lu Tai A director Du Lixin and other plans to reduce their holdings of no more than 102,500 shares

  Lutai A announced that Mr. Li Wenji, a senior executive of the company, plans to reduce the company’s shares in a centralized bidding mode from September 22, 2022 to October 14, 2022, not more than 52,500 shares (accounting for 0.00591% of the company’s total share capital).

  Mr. Du Lixin, a director of the company, plans to reduce his holdings of the company’s shares by no more than 50,000 shares (accounting for 0.00563% of the company’s total share capital) in a centralized bidding mode from September 22, 2022 to October 14, 2022.

  Lexin Medical: Electronic sphygmomanometer has passed FDA review

  () On the evening of August 30, the company received a notice from the US FDA recently, learning that the company’s electronic sphygmomanometer has passed the FDA review and received the 510K number.

  () win the bidding 168 million the first year of 2000 tons of high-performance PAN-based carbon fiber No. 2 carbonization line construction project

  Jinggong Technology announced that on August 27, 2022, the company was identified as the candidate for win the bidding. After the evaluation of the invited tenders project evaluation committee, the company was determined to be Zhejiang Baojing Carbon Materials Co., Ltd. (referred to as Zhejiang Baojing) publicly invited tenders "Annual output of 2000 tons of high-performance PAN-based carbon fiber No. 2 carbonization line construction project" (bid section (package) number: 0721-2264A813-B19-607/01) win the bidding candidate.

  On August 29, 2022, the company received the "win the bidding notice" from Zhejiang Baojing, and the company won the bidding for the Zhejiang Baojing project. The estimated contract amount is 168 million yuan (tax included).

  Jinmu Technology: Shareholders plan to reduce their holdings by no more than 2%

  () August 30th evening announcement, holding 10.18% of the major shareholders of high-tech investment development limited company plans to 15 trading days after the announcement within six months to centralized bidding, block trading or a combination of the two and other means to reduce the company’s shares 6.0413 million shares (accounting for the company’s total share capital ratio of 2%).

  Shengde Xintai was selected as a national-level specialized special new small giant enterprise

  () Announcement, the company has been selected into the public list of the fourth batch of national-level specialized and special new "little giant" enterprises, and the public period of the selected list has ended.

  MEIKANG obtained a medical apparatus registration certificate

  () Announcement, the company recently obtained the third type of medical apparatus registration certificate issued by the State Drug Administration, the relevant product name is: binding prostate specific antigen (cPSA) detection kit (chemiluminescence immunoassay).

  Its intended use is as follows: for in vitro quantitative detection of conjugated prostate-specific antigen (cPSA) in human serum, mainly for dynamic monitoring of patients with diagnosed prostate cancer to assist in judging the disease process or treatment effect. It cannot be used as a basis for early diagnosis or confirmation of malignant tumors, and is not used for tumor screening in the general population.

  [News] (): Plans to build Tianrong Big Data (Xi’an) computing power center project to optimize the construction of 5G communication industrial park project

  On the evening of August 29, Tianhe Defense announced that in order to conform to the development trend of digital transformation and build corresponding digital economic capabilities, seize the opportunities given by industrial digitalization and digital industrialization, form a strong support for the company’s "Tianrong Engineering" business, give full play to the efficient coordination with the company’s existing business, and improve the company’s overall strategic planning, the company decided to start the Tianrong Big Data (Xi’an) computing power center project. It is planned to invest in the construction of the West High-tech Tianhe Defense Phase II – 5G Communication Industrial Park Tianrong Big Data (Xi’an) computing power center project. The first phase investment is about 2.155 billion yuan, and the second phase investment is expected to be 1.201 billion yuan. The second phase of the project construction will be based on the company’s operating conditions, industry development status and market changes at that time.

  Tianhe Defense has been committed to the integrated development of military and civilian products since its listing. Based on the company’s years of industry accumulation and technology accumulation, it has launched "Tianrong Engineering" in combination with the exploration and practice of national strategic needs. "Tianrong Engineering" is the key strategic business of the company’s layout. At present, the company’s "Tianrong Engineering" business has entered an accelerated growth period after several years of development. The business model is becoming more and more mature, breaking the "dual structure" of military and civilian division. It has the characteristics of reference, replication and promotion. It has promoted multi-point demonstrations across the country and has been widely recognized by both military and civilian sides.

  In 2019, according to the company’s Strategy and Development Plan, the company invested in the construction of the "West High-tech Tianhe Defense Phase II – 5G Communication Industrial Park Project" in Xi’an High-tech Zone. The business scope of the investment project is planned to include the production of 5G communication electronic products (isolators, circulators, 5G radio frequency microwave chips) and military-civilian integration related products. The project was auctioned for 85.04 million yuan on August 29, 2019 for 2 plots of land for construction projects (divided into "North plot" and "South plot"), with a total land area of 266.264 mu.

  As of now, the company’s 5G communication industrial park construction project is still advancing rapidly. The main construction companies in the North Lot have planned 5G business-related product lines, including the 5G ring device expansion project of the fundraising project, the rotary ferrite production and R & D center construction project, the company’s radio frequency materials business related product line, and the 30,000 square meters Tianrong big data research and production building. At present, the main project of the project has been capped; the South Lot has not yet started construction due to the late completion of archaeological excavation work.

  The plan is to build the "Tianrong Big Data (Xi’an) Computing Power Center Project", which is to upgrade the company’s "Tianrong Big Data" related business as part of the 5G Communication Industrial Park project.

  It is understood that the 5G Communication Industrial Park project originally planned to invest 1.69981 billion yuan as a whole. According to the current construction calculation of the North Block project and the company’s production and operation needs, it is expected that the investment amount after the completion of the project construction of the North Block will be 1.04 billion yuan. Compared with the aforementioned 1.69981 billion yuan overall investment plan amount, there is still a margin. This time, on the basis of the original planned investment amount of the 5G Communication Industrial Park project, an additional part of the investment will be made in the construction of the South Block of the 5G Communication Industrial Park project Tianrong Big Data (Xi’an) Computing Power Center Project.

  The announcement shows that the Tianrong Big Data (Xi’an) computing power center project will be built in two phases. The first phase investment is expected to be 2.155 billion yuan, and the second phase investment is expected to be 1.201 billion yuan. The first phase of the investment will include the original planned investment balance of the 5G Communication Industrial Park project. It is expected to be 660 million yuan (subject to the final actual project balance), that is, the additional 1.496 billion yuan (subject to the final actual calculation) will be put into the first phase of construction. The second phase of the project construction will be based on the company’s then operating conditions, industry development status and market changes and other factors. Whether to make construction investment will be separately reviewed and decided. Xi’an Tianhe Tengfei Information Technology Co., Ltd., a wholly-owned subsidiary of Xi’an Tianhe Tengfei Communication Industrial Park Co., Ltd., will be responsible for the specific construction, implementation and operation of the investment project.

  After the project is completed and reached, it can form an annual operating income of 3.166 billion yuan (tax included). Among them, after the first phase of the project is completed and reached, a super large data center with 17,600 cabinets will be formed, and the data center infrastructure leasing and operation and maintenance business will be carried out, which can form an annual operating income of 1.166 billion yuan (tax included). After the second phase of the project is completed and reached, it can accommodate 4,000 big data professional and technical personnel, carry out data processing services and digital intelligence application business, and can form an annual operating income of 2 billion yuan (tax included). (The estimated income is only the internal calculation made by the company according to the feasibility of the project, there is a large uncertainty, and it is not a performance commitment)

  Tianhe Defense said that the investment in the construction of Tianrong Big Data (Xi’an) computing power center is conducive to optimizing the construction of the 5G communication industrial park project, promoting the implementation of the project, and optimizing the production capacity allocation; it is conducive to leveraging the company’s industrial advantages in the dual-use field, giving full play to the unique strategic role of Tianrong Big Data (Xi’an) computing power center in national security, military-civilian integration and digital economy development. It is conducive to the implementation of the company’s strategic plan and the promotion of "global intelligent perception big data technology" in the digital field to help the national military-civilian integration system capacity building, which is conducive to the company’s overall business layout, better promotes the realization of the company’s development strategy, further enhances the company’s overall strength, expands the company’s business scale, and improves the company’s profitability.

  On the same day, Tianhe Defense disclosed the 2022 semi-annual report. During the reporting period, the company achieved operating income of 241 million yuan, a year-on-year decrease of 5.16%; realized net profit attributable to the parent – 17.194 million yuan, a year-on-year decrease of 124.58%. The company said that due to the slowdown in investment in 5G base station construction, the decline in the number of domestic major customers’ demand for the company’s products and the impact of the international economic situation, the company’s civilian business income declined; at the same time, in terms of military products, the company’s military orders are organizing product production according to the contract plan, and revenue has not been confirmed yet, which also has a certain impact on the company’s military performance during the reporting period.

  The company said that although the company’s performance in the reporting period was not as expected, driven by multiple factors such as policy planning, 5G new infrastructure and digital transformation, the industry where the company’s core business is located will develop well in the future, providing a good development space for the company.

  Anglikang announced the 2022 semi-annual equity distribution plan, proposing to transfer 10 to 4.5 shares

  () Financial News () announced on August 31 that the company’s 2022 semi-annual equity distribution plan is as follows: based on the total share capital 93.8868 million shares, the capital provident fund will increase by 4.50 shares for every 10 shares to all shareholders, no dividend, no bonus shares.

  According to Anglikang’s 2022 semi-annual performance report, the company’s operating income was 704 million yuan, an increase of 11.05% year-on-year; net profit attributable to shareholders of listed companies was 79.1045 million yuan, an increase of 20.62% year-on-year; basic earnings per share were 0.84 yuan, 0.68 yuan in the same period last year.

  Zhejiang Anglikang Pharmaceutical joint stock company is mainly engaged in the production and manufacturing of medicines, mainly including the research and development, production and sales of chemical APIs, chemical preparations and pharmaceutical excipients. The main products include oral cephalosporin antibiotic APIs (including cefalexin, cefradine and cefaclor) and alpha ketoacid APIs and other APIs, anti-infective preparations (including cefocxime capsules, cefoclor sustained-release tablets and cefoclor granules, etc.), cardiovascular preparations (including levamlodipine besylate tablets, nifedipine sustained-release tablets, etc.), gelatin hollow capsules. The company is one of the earliest oral cephalosporin API manufacturers in China to master enzymatic fermentation technology. The company is the largest alpha ketoacid API manufacturer in China and one of the core API suppliers of Fresenius Kabi. The company is one of the main manufacturers of calcium antagonist antihypertensive preparations in China. Levamlodipine besylate tablets have a high market share in the domestic hospital market.

  (Source: Flush iFinD)

  The director and deputy general manager of Jinyuan shares were criminally detained on suspicion of colluding in bidding

  On August 29, Jinyuan Environmental Protection joint stock company (hereinafter referred to as the company) issued an announcement on the compulsory measures taken by directors and senior managers. The announcement shows that the company’s board of directors received a notice from the family of the company’s director and deputy general manager Zhao Weidong on August 27 that Zhao Weidong was taken into criminal detention by Lanxi Public Security Bureau for suspected bid collusion. At present, the company cannot learn the specific case situation, and the case is under investigation.

  Company executives were detained criminally

  The announcement said that after preliminary understanding within the company, Zhao Weidong’s matter had nothing to do with the company and its affiliated enterprises, but was his personal case, and the relevant incident occurred before he served as a director and deputy general manager of the company.

  As of the date of disclosure, the company has suspended the business authority of Zhao Weidong’s position. The above matters do not affect the normal operation of the company’s board of directors, do not have a significant impact on the company’s daily production and operation, and do not have a significant impact on the company’s issuance of shares and cash payment to purchase equity. The board of directors of the company will continue to pay attention to the progress of the above events, and strictly comply with the provisions and requirements of relevant laws and regulations to fulfill the obligation of information disclosure in a timely manner.

  According to public information, Zhao Weidong has served as () director and deputy general manager since May 12, 2021, in charge of the company’s environmental protection business sector. Previously, he also served as general manager of Zhejiang Kangju Construction Supporting Technology Co., Ltd. and vice president of Jinyuan Holdings Group Co., Ltd.

  () Signed the first phase of the Private Equity Fund for the PPP Project of Jinxiang County Cultural and Art Center

  Feilu shares announced that the company plans to invest in the equity of the SPV company of this project by subscribing the fund share of the contractual fund established by China Energy Construction Fund Management Co., Ltd. (referred to as "China Energy Construction Fund") for the construction of the PPP project of Jinxiang County Cultural and Art Center, Jining City, Shandong Province, and deeply participate in the financing, management, operation and transfer of this project. It also plans to be responsible for the follow-up related business as a professional subcontractor of this project. At the same time, it relies on this project to further expand the related business of central enterprises such as China Energy Construction Group Co., Ltd. and local regional markets.

  Recently, the company (fund trustee) and China Energy Construction Fund (fund manager), CITIC Securities joint stock company (fund trustee) signed the "China Energy Construction Jinxiang County Cultural and Art Center PPP Project Private Equity Fund Phase I Fund Contract".

  The agreement signed by the parties concerned stipulates that the total amount of the fund is 48.25 million yuan, of which the company subscribes 18 million yuan for the fund, accounting for 37.31% of the total subscribed capital of the fund. The fund invests in China Energy Construction (Jinxiang) Construction Development Co., Ltd. (i.e. the SPV company of this project), and the funds are ultimately used for the construction of PPP project of Jinxiang County Cultural and Art Center, Jining City, Shandong Province.

  Eternal Yatong Shareholder Eternal Yatong Holdings reduced its holdings by 2116.69 million shares, reducing the number by more than half

  () Announcement, recently, the company received the "Notice Letter on the Reduction of Shares by More than Half" issued by shareholder Eternal Asia Holdings. Eternal Asia Holdings reduced its holdings of the company’s shares by means of centralized bidding transactions from August 18, 2022 to August 30, 2022 2116.69 million shares, accounting for 0.82% of the company’s total share capital. The number of shares reduced by this share reduction plan has exceeded half.

  Lexin Medical: The electronic sphygmomanometer has passed the US FDA review and received 510K number

  Lexin Medical Announcement, the company recently received a notice from the US FDA, learning that the company’s electronic sphygmomanometer has passed the FDA review and obtained 510K number. This product plays a positive role in the company’s accelerated establishment and improvement of health IoT and remote health management overall solutions in the field of chronic disease management.

  Jinmo Technology’s major shareholder, High-tech Investment Development, plans to reduce its holdings by no more than 2%.

  Jin Film Technology announced that the company’s shareholders holding more than 5% High-tech Investment Development Co., Ltd. plan to reduce their holdings by means of centralized bidding, block trading or a combination of the two. 6.0413 million shares (accounting for 2% of the company’s total share capital).

  Sichuan Industrial Promotion Fund, a major shareholder of Chuanwang Media, reduced its holdings by 1%.

  () announcement, the company’s shareholders holding more than 5% of the Sichuan Industrial Promotion Fund through the way of centralized bidding accumulated holdings of the company’s shares 1.73367 million shares, the proportion of holdings reached 1% of the company’s total share capital.

  Lexin Medical: Net profit in the first half of the year decreased by 66% year-on-year. Electronic sphygmomanometer has passed FDA review

  On August 30, the news of Lexin Medical Announcement, the company recently received a notice from the US FDA, and learned that the company’s electronic sphygmomanometer has passed the FDA review and obtained 510K number. On the same day, the semi-annual report was disclosed, and the net profit in the first half of the year was 6.8727 million yuan, a year-on-year decrease of 66.48%.

  Digital Source Technology’s controlling shareholder, Westlake Electronics Group, has reduced its stake by 1.71%

  () issued an announcement, the company received on August 29, 2022 the controlling shareholder West Lake Electronics Group Co., Ltd. (referred to as "West Lake Electronics Group") issued by the West Lake Electronics Group Co., Ltd. on the reduction of the number of source technology shares more than 1% of the notification letter, according to the June 14, 2022 disclosure of the "controlling shareholder reduction plan pre-disclosure announcement" (announcement number: 2022-034), from July 18, 2022 to August 29, 2022, West Lake Electronics Group through centralized bidding, block trading total reduction of the company’s shares 7.782 million shares, accounting for 1.71% of the company’s total share capital.

  Youxunda: Controlling shareholders plan to reduce their holdings by no more than 1.5%

  () August 30th evening announcement, holding 24.19% of the controlling shareholder, the actual controller Cui Tao plans to focus on bidding mode or block trade to reduce the company’s shares not more than 3 million shares (accounting for 1.5% of the company’s total share capital).

  Cui Tao, the actual controller of Youxunda, plans to reduce his holdings by no more than 1.5%.

  Youxunda announced that Cui Tao, the controlling shareholder and actual controller of the company, plans to reduce the company’s shares in a centralized bidding mode or block trade by no more than 3 million shares (accounting for 1.50% of the company’s total share capital).

  Expand the development space of new chemical materials, Chengzhi shares plan to invest 4.80 billion yuan in new projects

  In order to further expand the development space in the field of new chemical materials, it is planned to invest in the construction of POE (polyolefin elastomer) projects and ultra-high molecular weight polyethylene projects in Dongjiakou Economic Zone of Qingdao West Coast New District through Qingdao Chengzhi Huaqing New Materials Co., Ltd., a wholly-owned subsidiary. The estimated investment amount is about 4 billion yuan and 800 million yuan, respectively, to enter the upstream of emerging industries such as photovoltaic film and lithium battery separator.

  Chengzhi shares said that the downstream consumption structure of POE includes TPO end point, polymer modification, wire and cable, etc. In the future, applications such as photovoltaics and automotive lightweight are also expected to drive the rapid growth of POE demand. At present, the consumption of POE in our country mainly comes from imports. Therefore, the market demand space of this project product is large, and the product market prospect is good.

  Ultra-high molecular weight polyethylene is a thermoplastic engineering plastic with excellent comprehensive properties with a linear structure. Since its inception, it has been widely used in various fields of the national economy, especially in wear-resistant transportation, equipment lining, and various mechanical parts, due to its wear resistance, impact resistance, chemical resistance, and self-lubrication properties unmatched by other engineering plastics, as well as its lower price. Ultra-high molecular weight polyethylene is mainly used in the production of pipes, profiles, fibers, hollow products, injection molded products, and diaphragm products. It has been widely used in textiles, papermaking, packaging, batteries, transportation, machinery, chemicals, mining, petroleum, and has begun to enter the fields of conventional weapons, ships, automobiles, and will expand to other new fields in the future. As one of the main application fields of ultra-high molecular weight polyethylene resin, lithium battery separator is in a stage of rapid development in our country.

  Chengzhi shares said that the company has two sets of olefin production plants in Nanjing production base, with a total production capacity of ethylene, propylene and butadiene approaching 1 million tons/year; currently 70% of olefin products are sold directly to the outside world, and it is urgent to extend the development of the downstream industry chain. The proposed POE project and ultra-high molecular weight polyethylene project are in line with the company’s development plan. (Huangpu River)

  New Norwich: Obtained a certificate of registration for formulated foods for special medical purposes

  () Announcement on the evening of August 30, Zhongnuo Taizhou, a wholly-owned subsidiary of the company, recently received the registration certificate of formula food for special medical purposes issued by the State Administration for Market Regulation. The approved Baochangjia is a non-nutritious formula food, which can meet the nutritional needs of people over 10 years old who need to replenish water and electrolytes due to mild to moderate dehydration due to diarrhea and other reasons.

  Ruizhe Hengyi, the main shareholder of Kute Intelligent, has reduced its holdings by 1.96%

  () Announcement that Ruizhe Hengyi, a shareholder holding more than 5% of the company’s shares, will reduce its holdings of 4.699501 million shares during the period from June 23, 2022 to August 29, 2022, and the reduction ratio will reach 1.96% of the company’s total shares.

  Origin and China Resources Capital have reached a strategic cooperation in the field of big consumption and big health

  Recently, the company signed a strategic cooperation agreement with China Resources Capital Management Co., Ltd. (referred to as "China Resources Capital") and Zhuhai China Resources Gold Investment Management Co., Ltd. (referred to as "Runge Fund") on cooperation in the field of big consumption and big health.

  All parties have the advantage of complementary cooperation in the coordinated development of large-scale consumption and large-scale health industries. After friendly consultation, based on the principle of equality, mutual benefit and complementary advantages, they have established a strategic cooperative relationship and formed a long-term common development alliance through resource integration to obtain a good return on investment.

  The company and China Resources Capital or Runge fund providers invite joint investment in large consumer industries, and plan to invite strategic investors in consumer industries to participate. Relying on the advantages of China Resources Group and Gree Group in industries, customers, brands, etc., give full play to the resource advantages of all parties, deeply explore high-quality equity investment opportunities in the large consumer field, and jointly build a large consumer industry equity investment + industrial empowerment platform.

  In addition, China Resources Capital and Runge Fund are requested to fully integrate China Resources Group’s rich industrial resources and China Resources Vanguard and other channel resources in the field of big consumption and big health, as well as excellent industrial management capabilities, make full use of Origin’s Product Research & Development and supply chain capabilities, connect and integrate strategic partners to jointly deepen the forward-looking layout in the field of big consumption and big health, accelerate the upgrading of traditional industries, empower national brands, and lay out the new marketing model of digital intelligence in the new era.

  Based on Origin’s leading position in the research and development, design, production and sales of large-scale consumer metal packaging products, we will deepen the cooperation between high-quality consumer and pharmaceutical brands in the metal packaging industry and jointly enhance the brand value.

  * ST Stars will resume trading on August 31

  () Announcement that the relevant work for the registration of shares has been completed in the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd., and the company’s shares will resume trading on August 31, 2022.

  Guizhou Bailing major shareholder An Investment Company plans to continue to passively reduce its 0.51% stake

  () announcement, recently, the company received the "letter of notification" issued by the investment company, as of August 29, 2022, the investment company was forced to reduce the holdings of shares 2.4921 million shares, the transaction amount of 18,245 million yuan, did not meet the requirements of the enforcement of the implementation of the amount of 6002,700 yuan.

  The follow-up will continue to be forced to implement passive reduction, and its plan is to passively reduce the company’s shares 7.1365 million shares by means of centralized bidding transactions within 3 months from the date of disclosure of this announcement, accounting for 0.51% of the company’s total share capital.

  Jincheng Pharmaceutical Subsidiary Received Approval to Add Specifications and Supplementary Approvals for Ceftriaxone Sodium for Injection

  () Announcement, the company received a notice from its holding subsidiary, Guangdong Jincheng Jinsu Pharmaceutical Co., Ltd. (referred to as "Jincheng Jinsu"), which recently received the "Notice of Drug Supplementary Application Approval" for ceftriaxone sodium for injection approved by the State Drug Administration, agreed to the supplementary application for adding 2.0g of ceftriaxone sodium for injection, issued the drug approval number, and deemed to have passed the evaluation of the consistency of generic drug quality and efficacy.

  The announcement shows that ceftriaxone sodium is a long-acting, broad-spectrum third-generation cephalosporin antibiotic, which is more stable than the first and second-generation cephalosporins for gram-negative bacteria and β-lactamase; compared with other third-generation cephalosporins, it has the advantages of long half-life, strong tissue penetration, and small toxic and side effects. It is generally used in clinical treatment of meningitis caused by sensitive bacteria, abdominal infections, bone and joint infections, skin and soft tissue infections, including gonorrhea, reproductive infections, kidney and urinary tract infections, and preoperative infections.

  Origin: Signed a strategic cooperation agreement with China Resources Capital

  O.R.G. announced on the evening of August 30 that recently, the company signed a strategic cooperation agreement with China Resources Capital and Runge Fund on cooperation in the field of big consumption and big health. O.R.G. and China Resources Capital or Runge Fund are invited to jointly invest in the big consumption industry, and plan to invite consumer strategic investors to participate. Accelerate the upgrading of traditional industries, empower national brands, and lay out a new marketing model of digital intelligence in the new era.

  Cheng Long, a senior executive at Kaiying Network, trades shares of the company in a short-term manner

  () Announcement, the company received the "Information and Apology Statement on the Trading of the Company’s Shares by My Relatives" issued by Mr. Cheng Long, a senior manager of the company, and learned that the recent trading of the company’s shares by Mr. Cheng Long’s spouse, Ms. Wang Jinfeng, constitutes a short-term transaction.

  After verification, it was found that this transaction was an independent investment decision made by Ms. Wang Jinfeng without a full understanding of relevant laws and regulations. Mr. Cheng Long was unaware of the transaction, and there was no use of short-term trading or insider trading for profit. There was no subjective violation.

  Haowu shares applied for the establishment of "Avita Center" and was authorized by Avita Technology

  () Announcement, the company recently received the intention authorization of Avita Technology (Chongqing) Co., Ltd. (referred to as "Avita Technology") to establish the "Avita Center". The Avita Center (located at No. 24, Automobile Park Middle Road, Airport Economic Zone, Tianjin) applied by the company has been authorized by Avita Technology. Avita Technology requires the company to arrange the opening of Avita Center after acceptance within the specified time limit.

  Kanghong Pharmaceutical Subsidiary KH631 Eye Injection Clinical Trial Application Accepted

  () Announcement: On August 30, 2022, the Drug Evaluation Center of the State Drug Administration agreed to accept the application for clinical trial of KH631 ophthalmic injection submitted by Chengdu Hongji Biotechnology Co., Ltd. (referred to as "Hongji Bio"), a subsidiary of the company.

  It is reported that KH631 ophthalmic injection is a class 1 biological new drug with independent intellectual property rights for the treatment of neovascular (wet) age-related macular degeneration (nAMD) by delivering the target gene through adeno-associated virus (AAV).

  37 Interactive Entertainment announced the 2022 semi-annual rights distribution plan, planning to pay 3.5 yuan for 10 grants

  Flush Financial News () announced on August 31 that the company’s 2022 semi-annual equity distribution plan is as follows: Based on the total share capital 2.2178643 billion shares, cash dividends of 3.50 yuan will be distributed to all shareholders for every 10 shares, and a total of 776 million yuan will be distributed as cash dividends, accounting for 45.79% of the net profit attributable to the parent during the same period.

  According to 37 Interactive Entertainment’s 2022 semi-annual performance report, the company’s operating income was 8.092 billion yuan, an increase of 7.34% year-on-year; net profit attributable to shareholders of listed companies was 1.695 billion yuan, an increase of 98.56% year-on-year; basic earnings per share were 0.77 yuan, 0.39 yuan in the same period last year.

  37 Interactive Entertainment network technology group joint stock company’s main business includes the research and development, distribution and operation of mobile games and web games. The company’s main products are web games and mobile games. The company’s mobile games and web games operation model mainly includes two kinds of independent operation and third-party joint operation. The company’s independent research and development products have the characteristics of high output, high success rate and long cycle, and its R & D strength is at the leading level in the industry. In the 2019 list of China’s top 100 Internet companies, the company ranked 23rd, and it is the first game company in class A share. In the "Top 52 Global Publishers in 2020" list released by mobile market data provider AppAnnie, the company ranked 30th.

  (Source: Flush iFinD)

  Beiqing Huanneng changed the stock abbreviation to "Sangao Huanneng" from August 31.

  () To issue an announcement, upon application by the company and approval by the Shenzhen Stock Exchange, the company’s securities abbreviation will be changed from "Beiqing Huanneng" to "Sangao Huanneng" as of August 31, 2022, and the company’s securities code "000803" will remain unchanged.

  A wholly-owned subsidiary of Dawei has obtained a design patent

  () On August 30, the announcement said that recently, Shenzhen Terjia Automotive Technology Co., Ltd. (hereinafter referred to as "Automotive Technology Company"), a wholly-owned subsidiary of the company, received a "Design Patent Certificate" issued by the State Intellectual Property Office, with the design name "Eddy Current Controller (EC13A) ". The above design patent was independently developed by Automotive Technology Company, and the technology and application fields involved are related to the company’s automobile manufacturing business.

  Dawei said that the acquisition of the above-mentioned patents is conducive to giving full play to the company’s independent intellectual property rights advantages and enhancing competitiveness. According to Smart Shoot data, Dawei has recently mainly focused on hydraulic retarders, eddy current retarders, drive controllers, control systems, retarders and other technical fields. Patents with high market value include "wiring harness test control board and wiring harness test control method".

  Sunnong Development shareholder Fu Lufang increased her holdings of 3.3873 million shares, and the increase plan was completed

  () announced that during the period from August 24, 2022 to August 30, 2022, Ms. Fu Lufang, the shareholder of the company, accumulated 3.3873 million shares of the company through the secondary market centralized bidding transaction, accounting for 0.27% of the company’s total share capital, and the transaction amount of the increased shares was 75.0058 million yuan (excluding transaction costs).

  Supor plans to launch a 2022 restricted stock incentive plan with a grant price of 1 yuan per share

  () Announcement that the company plans to launch the 2022 restricted stock incentive plan, the total number of incentive objects granted by this incentive plan shall not exceed 290, and the grant price shall be 1 yuan/share.

  The number of restricted shares to be granted under the Incentive Plan is 1.3325 million shares, representing approximately 0.165% of the Company’s total share capital at the time of announcement of the Draft Incentive Plan.

  Wanhe Electric: There are major uncertainties in the growth of the air energy heat pump business

  On August 30, the news () released a change announcement. In the first half of 2022, the sales revenue of the company’s air energy products was 86.499 million yuan, of which the export sales revenue of air energy products was 7.841 million yuan. The air energy heat pump business has little impact on the company’s semi-annual performance in 2022. Affected by the repeated epidemics at home and abroad and the increasingly prominent pressure of trade friction in the international market, there is a great uncertainty in the growth of the air energy heat pump business.

  Wanhe Electric: Air energy heat pump business has little impact on half-year performance

  Wanhe Electric announced that the company’s stock closing price rose by 21.46% in two consecutive trading days (August 29, 2022 and August 30, 2022). According to the relevant provisions of the "Shenzhen Stock Exchange Trading Rules", the company’s stock trading is abnormal volatility.

  Recently, the company has paid attention to the relevant discussions in the media about the company’s air energy heat pump business. Based on the principle of prudence, the company’s air energy heat pump business situation is particularly explained as follows: The company has been committed to the efficient use of traditional clean energy (gas) and solar energy, air energy and other new energy sources, providing consumers with energy-saving, environmentally friendly and comfortable overall hot water solutions. The Wanhe "Multi-energy Complementary Solar Heat Pump Key Technology Research and Industrialization" project has won the third prize of the China Light Industry Federation Science and Technology Progress Award.

  In the first half of 2022, the sales revenue of the company’s air energy products was RMB 86.4990 million, of which the export sales revenue of air energy products was RMB 7.841 million. The air energy heat pump business has little impact on the company’s semi-annual performance in 2022. In addition, due to the repeated epidemics at home and abroad and the increasingly prominent pressure of trade frictions in the international market, there is great uncertainty in the growth of the air energy heat pump business.

  Xianhui Technology: The accumulated amount of contracts and fixed-point notices received by () and its holding subsidiaries is about 807 million yuan

  From April 7, 2022 to the date of announcement disclosure, the company and Fujian Dongheng have received a total of about 807 million yuan (excluding tax) from various contracts and fixed-point notices of Ningde Times and its holding subsidiaries.

  Since the new energy vehicle market is in a stage of rapid development, it provides a good market opportunity for the implementation of this order, and the company has certain advantages in the flexibility, intelligence, assembly accuracy, operation stability and other technical quality indicators and follow-up maintenance service capabilities of the equipment itself. Therefore, the two sides have strengthened the cooperation on the basis of the original good cooperation. This sales contract belongs to the company’s daily business activities. If the sales contract is successfully fulfilled, it is expected to have a positive impact on the company’s 2022-2023 annual performance, which is conducive to enhancing the company’s sustainable profitability and core competitiveness.

  Pangang Vanadium and Titanium: Holding subsidiary resumes production

  () Announcement on the evening of August 30, according to the current arrangement of relevant departments of the Chongqing Municipal Government, Chongqing Titanium Industry, a subsidiary of the company, is gradually resuming production. The company will make every effort to organize production and operation, reduce the impact of temporary shutdown, and ensure the achievement of annual business goals.

  Chongqing Titanium Industry, a subsidiary of Pangang Vanadium and Titanium Holdings, is gradually resuming production

  Pangang Vanadium and Titanium announced that Chongqing Titanium Industry, a subsidiary of the company, is gradually resuming production. The company will make every effort to organize production and operation to reduce the impact of temporary shutdowns.

  3D Communications plans to transfer 100% stake in Bravo Tech to reduce overseas business risks

  () Issued an announcement. In order to explore overseas markets, the company acquired Bravo Tech in 2017 and is responsible for the company’s R & D and sales in Europe and the United States. Since 2020, the COVID-19 epidemic crisis has spread around the world, hitting the global economy hard, macroeconomic slowdown, and overseas economic recovery is not expected yet. Affected by the epidemic, the personal flow at home and abroad is limited, which increases the company’s production costs and operation difficulties, and increases the risk of overseas management. At the same time, the global trade environment has undergone major changes in recent years. Sino-US trade frictions have intensified, the international political environment has become increasingly complex, and European and American countries have greatly improved the entry threshold and verification procedures for Chinese communication products. Bravo Tech has been in a state of loss in the past three years due to its small business scale, long investment period, and high overseas labor costs. Due to the impact of the above

  In view of the above reasons, the difficulty, length of time and future investment of Bravo Tech’s turnaround work have far exceeded the company’s expectations. In order to improve the company’s operating quality, reduce overseas business risks, and avoid possible political, economic, and tax risks by disposing of some assets, the company has decided to transfer 100% of Bravo Tech’s equity.

  The company recently signed an Equity Transfer Agreement with Star Solutions International Inc, Jack Mar and Yichuang Jin, intending to transfer the entire equity interest in Bravo Tech held by BTI Wireless Limited ("BTI Wireless"), a wholly-owned subsidiary of the company, to the transferee, and to transfer 90%, 5% and 5% of the equity interests to the three parties respectively. After the completion of this transaction, the company will no longer hold equity interests in Bravo Tech.

  Yangnong Group, a subsidiary of Sinochem International, plans to increase its capital by 1.90 billion yuan to its subsidiary Ruitai Technology

  () Announcement, the company’s holding subsidiary Jiangsu () Group Co., Ltd. ("Yangnong Group") plans to increase its holding subsidiary Ningxia () joint stock company ("Ruitai Company") in cash, the amount of capital increase is 1.90 billion yuan. After the completion of this capital increase, Ruitai Company’s registered capital will be changed from 75 million yuan to 566 million yuan, Yangnong Group’s shareholding ratio is 99.96%, Ruitai Company remains a holding subsidiary of Yangnong Group.

  Wanhe Electric: Air energy heat pump business has little impact on the company’s performance

  Wanhe Electric announced on the evening of August 30, explaining the company’s air energy heat pump business: in the first half of 2022, the company’s air energy product sales revenue was 86.499 million yuan, of which the export sales revenue of air energy products was 7.841 million yuan. The air energy heat pump business has little impact on the company’s semi-annual performance in 2022. In addition, due to the repeated epidemics at home and abroad and the increasingly prominent pressure of trade friction in the international market, there is a greater uncertainty in the growth of the air energy heat pump business.

  Xugong Machinery announced the 2022 semi-annual rights and interests distribution plan, and plans to send 10 yuan to 2.30 yuan

  Flush Financial News () announced on August 31 that the company’s 2022 semi-annual equity distribution plan is as follows: Based on the total share capital 11.8161661 billion shares, cash dividends of 2.30 yuan will be distributed to all shareholders for every 10 shares, and a total of 2.718 billion yuan will be distributed. The proportion of net profit attributable to the parent during the same period is 117.12%.

  According to Xugong Machinery’s 2022 semi-annual performance report, the company’s operating income was 38.204 billion yuan, down 28.23% year-on-year; net profit attributable to shareholders of listed companies was 2.321 billion yuan, down 38.98% year-on-year; basic earnings per share were 0.30 yuan, 0.48 yuan in the same period last year.

  The main business of XCMG Construction Machinery joint stock company is mainly engaged in the research and development, manufacturing and sales of engineering lifting machinery, scraping machinery, compacting machinery, concrete machinery, road machinery, fire fighting machinery, other construction machinery and construction machinery spare parts. The company’s main products are lifting machinery, scraping machinery, compacting machinery, road machinery, pile machinery, fire fighting machinery, sanitation machinery. The company independently developed the world’s first crawler crane with a maximum lifting capacity of 88,000 tons and was honorably selected for the national "863" project. It has filled more than 100 gaps in China with a series of iconic products such as the world’s first dual-purpose concept crane, 5-ton liquefied natural gas loader, the world’s largest tonnage XR800E super-large rotary drilling rig, the world’s largest tonnage XZ13600 horizontal directional drilling rig, the world’s first height JP80 lifting jet fire truck, the first height DG100 climbing platform fire truck in Asia, and the ET series walking excavator known as "Steel Mantis", the first 9-bridge full-ground chassis 2000-ton lifting capacity all-ground crane in China, and the first domestic foam asphalt warm mixing recycling equipment. Leading China’s high-end manufacturing.

  (Source: Flush iFinD)

  Zeng Xianqi, a major shareholder of Kexin Technology, has reduced his holdings by more than half, and has reduced his holdings by a total of 1%

  () announcement, the company’s shareholders holding more than 5% of the time has been reduced by more than half, the cumulative reduction of 2.08 million shares, the reduction ratio of 1.00%.

  Chuangyuan Technology: A performance briefing will be held on August 30

  On August 30, 2022 (), the company announced that it would hold a performance briefing on August 30, 2022, and investors who participated in the company’s Chuangyuan Technology’s 2022 semi-annual online performance briefing would participate online.

  The details are as follows:

  Q: What is the progress of the acquisition of Zhongyi Company by Jiangsu Sujing, a subsidiary of the company?

  Answer: Dear investor, hello! Thank you for your concern for the company. Jiangsu Sujing and Ditian Environmental Technology Nanjing joint stock company, a wholly-owned subsidiary of the company, signed the "Equity Transfer Agreement" and other relevant documents on July 29, 2022. Jiangsu Sujing was transferred to Jiangsu Zhongyijin Environmental Protection Industry Technology Research Institute Co., Ltd. held by Ditian Company for 10 million yuan, accounting for 50% of the equity. The transaction price is RMB 115.6 million. After the transfer is completed, Jiangsu Sujing will become the largest shareholder of Zhongyi Company. Thanks!

  Q: The company’s stock price has fluctuated significantly recently, and there were multiple block trades last month. Has the company’s shareholder structure changed?

  Answer: Dear investor, hello! Thank you for your concern for the company. The company’s share price is affected by many factors. The company will strive to do a good job in its own development and operation, enhance its core competitiveness, and create more value to report to shareholders. Thanks!

  Q: The company’s performance in the first half of 2022 was satisfactory. What are the main reasons for the contrarian growth in performance?

  A: Dear investor, hello! Thank you for your concern for the company. In the first half of 2022, it was mainly due to the company’s reasonable production organization, which minimized the impact of the epidemic, strictly controlled costs, and completed the production of orders as scheduled. At the same time, various channels were taken to communicate with customers, complete the acceptance and signing of products, and realized the recognition of revenue. Thanks!

  Q: The company’s equity incentive has been implemented, and the company is fully motivated to increase its market value. What kind of business plan does it have in the future?

  Answer: Dear investor, hello! Thank you for your concern for the company. The company will focus on the medium- and long-term goals of the "14th Five-Year" development plan, improve the overall development level of Chuangyuan Technology through project landing and production, business transformation and upgrading, and capital operation. Strengthen market confidence in the company’s development, and implement active strategies to continuously improve the company’s valuation level. Thanks!

  Q: Can you explain the reason for the significant increase in net cash flow from operating activities?

  A: Dear investor, hello! Thank you for your interest in the company. The significant increase in net cash flow generated by operating activities was mainly due to the year-on-year increase in cash received by the company for selling goods and providing labor services during the reporting period. Thanks!

  Q: What is the company’s outlook for the second half of the year? Can it maintain its growth trend?

  A: Dear investors, hello! Thank you for your concern for the company. In the second half of the year, the company will continue to conduct in-depth research, actively analyze problems, strengthen annual goals, boost confidence, ensure stable operation of the company, and try its best to catch up with the production and operation progress affected by the epidemic within the company’s controllable range. Thanks!

  Q: Under the leadership of the new management, the company’s performance has grown well in recent years, but its market value has been around 4 billion yuan. And there is no institution to conduct research, and institutional investors rarely invest in the company. Please ask the company to conduct self-review. What is the situation?

  A: Dear investors, hello! Thank you for your concern for the company. The company strives to strengthen communication with the capital markets, actively treats the consultation and research of institutional and individual investors, and seriously considers the reasonable opinions and suggestions made by small and medium investors. Thanks!

  Q: The company’s main profits mainly come from Sujing Group, Suzhou Shares, and Suzhou Electric Porcelain. The latter two have been listed on the New Third Board, while Sujing Group has the conditions but has not been listed. What are the company’s plans for the future development of Sujing?

  A: Dear investors, hello! Thank you for your concern for the company. The company will adhere to strategic guidance, constantly explore paths and countermeasures that are in line with the company’s industrial ecology, and deeply empower high-quality development. Thanks!

  Q: This year is the last year of SOE reform. How has the company made progress in this regard?

  Answer: Dear investor, hello! Thank you for your concern for the company. The company actively promotes the three-year action of state-owned enterprise reform, and promotes the annual task of state-owned enterprise reform according to the progress. Adhering to the market orientation and encouraging innovation and development, the company has completed the grant of restricted shares of equity incentives, revised the "Articles of Association", "Rules of Procedure of the Board of Directors", "Rules of Procedure of the Board of Supervisors", "Rules of Procedure of the General Manager’s General Working Rules" and other important internal control systems. Suzhou Bearing was awarded the first-class benchmarking enterprise in the country. The next step will be to focus on promoting the transformation and application of enterprises’ intelligent reform and production reform pilot results. At the same time, we will actively carry out leak detection and fill in gaps, redeploy, re-examine, and re-implement the reform work, and tighten the responsibility to ensure the smooth conclusion of the three-year action of state-owned enterprise reform. Thanks!

  Q: The company is actually an investment company under the group company. The source of performance is the summary of various subsidiaries. A name like Chuangyuan Technology is easy to mislead investors. Please consider changing the company’s name to "Chuangyuan Investment".

  Answer: Dear investor, hello! Thank you for your concern for the company. The company’s core business is still mainly manufacturing, mainly engaged in clean and environmental protection engineering and equipment, high-voltage porcelain insulators for power transmission and transformation, needle bearings, all kinds of optical and mechatronic integrated surveying and mapping instruments, all kinds of abrasives and abrasives, etc. The production and operation of products has formed a pattern in which "clean and environmental protection" and "porcelain insulators" are the dual main businesses, and various business industries such as precision bearings, abrasives, and precision instruments coexist. There is currently no plan to change the name. Thanks!

  Q: Please, can the company’s bearing products be applied to new energy fields such as photovoltaics and wind power?

  Answer: Dear investor, hello! Thank you for your concern for the company. Suzhou bearing products are widely used in important assemblies such as engines, gearboxes, torque management systems, steering systems, braking systems and air conditioning compressors of automobiles, as well as industrial automation, high-end equipment, robots, construction machinery, gear reducers, hydraulic transmission systems, household appliances, power tools, textile machinery, agricultural and forestry machinery, aerospace, national defense industry and other fields. Thank you!

  Q: The company has a large amount of asset impairment provisions, whether it meets the requirements of relevant regulations, and whether it hides profit adjustment statements?

  Answer: Dear investor, hello! Thank you for your concern for the company. Due to the increase in operating performance in the first half of the year, the increase in accounts receivable and contract assets, etc., the company has made impairment provisions in accordance with enterprise accounting standards and related policies, and there is no harm to the interests of the company and shareholders. Its decision-making procedures are also in line with relevant laws and regulations and the provisions of the Articles of Association. Thanks!

  Q: What is the progress of the listing of Chuangyuan Futures, in which the company has a stake, and when is it expected to be listed?

  A: Dear investors, hello! Thank you for your concern for the company. Chuangyuan Futures submitted the filing materials for the counseling of the initial public offering of stocks to the Jiangsu Securities Regulatory Bureau on May 16, 2022, and was accepted by the Jiangsu Securities Regulatory Bureau on May 23, 2022. The counseling agency is CITIC Securities joint stock company. Thanks!

  Q: What is the motivation for Far East Grinding Wheel to acquire New Materials Company of the Group, and what are the benefits for the company’s future development?

  A: Dear investor, hello! Thank you for your interest in the company. Far East Grinding Wheel, a wholly-owned subsidiary of the company, is a high-tech enterprise specializing in the research and development, production and sales of abrasive products. It is a high-end abrasive manufacturing enterprise at the forefront of the industry and belongs to the abrasive abrasive industry. The acquisition of Chuangyuan New Materials by Far East Grinding Wheel is in line with complementary advantages, further reflects the synergy effect, expands the operating scale of Far East Grinding Wheel, and improves asset quality and profitability. It will help to improve the future operating performance of Far East Grinding Wheel and is conducive to the long-term development of Far East Grinding Wheel, thus bringing more lucrative results to the company. Thanks!

  Q: What are the competitive advantages of the company’s porcelain insulator products compared with friends?

  Answer: Dear investors, hello! Thank you for your interest in the company. Suzhou Electric Porcelain, a holding subsidiary of the company, is a backbone enterprise in the electric porcelain industry in our country. It has accumulated rich technical experience in long-term operation. High-grade insulators, especially UHV porcelain insulators, have high technical barriers. Suzhou Electric Porcelain, as a participant in formulating national and industry standards for insulators, has strong R & D capabilities and R & D means. It has provincial R & D centers, pilot bases, and large laboratories. The software and hardware configuration is complete. It has independently developed AC and DC disc suspension porcelain insulators for ultra-UHV use. It has participated in the large-scale supply of porcelain insulators in the construction of domestic UHV construction and "Belt and Initiative Road" transmission lines. Its share and status in the invited tenders of the State Grid continue to maintain the forefront. Thanks!

  Main business of Chuangyuan Technology: Mainly engaged in the production and operation of clean and environmental protection engineering and equipment, high-voltage porcelain insulators for power transmission and transformation, needle bearings, various optical and mechatronic integrated surveying and mapping instruments, and various abrasives and abrasives

  Chuangyuan Technology 2022 interim report shows that the company’s main income 1.969 billion yuan, up 6.92% year-on-year; net profit returned to the mother 86.9726 million yuan, up 18.82% year-on-year; non-net profit deducted 82.3169 million yuan, up 30.08% year-on-year; in the second quarter of 2022, the company’s single quarter main income 969 million yuan, up 5.3% year-on-year; single quarter net profit attributable to the mother 49.2268 million yuan, up 24.47% year-on-year; single quarter non-net profit 46.1347 million yuan, up 36.84% year-on-year; debt ratio 49.11%, ROI 2413.93 million yuan, financial expenses – 1.406 million yuan, gross profit margin 21.72%.

  The stock has no agency rating in the last 90 days. The margin financing and securities lending data show that the stock has a net outflow of 2386.58 million in the past 3 months, and the financing balance has decreased; the net inflow of margin lending has 21,100, and the margin lending balance has increased. According to the financial report data of the past five years, the valuation analysis tool of Securities Star shows that the competitive moat in the Chuangyuan technology industry is poor, the profitability is average, and the revenue growth is good. The financial indicators that are relatively healthy and should be paid attention to include: accounts receivable/profit margin. The stock has 2.5 stars for good company indicators, 2 stars for good price indicators, and 2 stars for comprehensive indicators. (Indicators are for reference only, the indicator range: 0~ 5 stars, the highest 5 stars)

  Su Da Weige actual controller, some Dong Gao increased their holdings by more than half, and has indirectly increased their holdings of 1.2665 million shares

  () Announcement, the company’s actual controllers and directors and senior managers who participated in the increase have indirectly increased their holdings by 2177.88 million yuan (a total of 1.2665 million shares, accounting for 0.49% of the company’s total share capital) through the Hechuangxin private equity investment fund.

  A number of actual controllers have acted in concert to increase their holdings of 472,000 shares

  () announcement, the company’s actual controller of the concerted action of Lin Guoqiang, Feng Xuewei, Zhang Tingbing, Xiang Hongwei, Li Shouqiang plan time has been more than half, a total of 472,000 shares have been increased, the proportion of about 0.33%. Li Shouqiang has not yet implemented the increase.

  Prebiotic shares: accepted institutional research on August 29, and 22 institutions including Huaan Securities and Prudential Asset Management participated

  On August 30, 2022, the company announced that it would accept institutional research on August 29, 2022. () Wang Ying Wan Dingyu, Prudential Asset Management Wanli, DAIWA SB Investment Hu Wenzen, Value Partners LimitedLiao Xinyu, Mars AssetYueZAN, () Chen Yudong, Wanjia Fund Qiu Gengtao, China Post Entrepreneurship Qi Zheng, Huashang Fund Chen Kai, CITIC Asset Management Liu Qi, Taikang Asset Management Ma Dunchao, Oriental Fund Xue Zixuan, Zige Investment Chen Yan, Jinxin Fund Xu Ben, Chengsheng Investment Hu Rong, Panhou Fund Li Minghua, Everyone Asset Zhang Xiang, Yinhua Fund Tang Neng, Shangcheng Asset Management Du Xinzheng, Yufeng Asset Management Yu Zhou, Fosun Group Wang Shuting and Huaqi Asset Management Li Yunzhang participated.

  The details are as follows:

  Q: Please introduce the ancestral white feather breeders in our country this year?

  A: From May to July this year, due to the suspension of flights, our country did not import ancestral white-feather broiler chickens from the United States, and the import volume in August was not large. In late August, because China took a series of circuit breakers against US airlines, the United States suspended the flights of Chinese airlines to the United States. The impact will last until the end of September, which will affect the import volume of ancestral chickens in our country in September. Judging from the current introduction situation, it is expected that the renewal volume of ancestral breeders in our country this year will decrease by about 30% year-on-year.

  Q: If the introduction of ancestral chickens is blocked, can domestic breeders be allowed to increase their production?

  Answer: Whether the performance of the breeding chicken is excellent depends not only on the performance of the parents’ breeding chickens, but also on the performance of the commercial replacement chickens. For example, the survival rate of the commercial replacement broilers, the feed-to-meat ratio and other production indicators need time and the market to test. In addition, the establishment of sales channels is also a long and difficult process.

  Q: What is the trend in the cost of chicken seedlings?

  Answer: A large part of the cost of chicken seedlings comes from the cost of feed. After the price of feed rose to a high point in the first quarter, it showed a downward trend. In the future, the cost of chicken seedlings will decrease as the cost of feed decreases.

  Q: What is the proportion of feed costs to the total cost?

  Answer: In the commercial chicken farming process, feed costs account for about 70% of the total cost, and in the breeding chicken farming process, feed costs account for about 40%.

  Q: Please introduce the situation of Prebiotic 909 Small White Feather Broiler.

  Answer: The prebiotic 909 is made up of three lines. Through breeding and breeding, the performance can be continuously optimized, and the excellent performance can be stably passed on to the offspring. The prebiotic 909 has been recognized as a new national livestock and poultry breed, becoming the first small white feather broiler breed in Shandong Province to pass the national certification. The prebiotic 909 overcomes many shortcomings of the traditional 817 small broiler, and the key performance indicators such as survival rate, feed efficiency, and meat production rate have been comprehensively improved. It is suitable for a variety of feeding methods such as flat raising and caging. It can not only kill white striped chickens with live chickens, but also be suitable for slaughter and division. It is especially suitable for replacing three yellow chickens for slaughter and processing after closing the live poultry market. Compared with 817 mixed broiler chickens, reaching the same weight can be slaughtered three to five days in advance, and the economic benefits are significant.

  Q: What is the reference standard for the pricing of the prebiotic 909 small white feather broiler? Will the volume be increased later?

  Answer: Prebiotic 909 refers to 817 chicken seedlings for pricing. When 817 chicken seedlings are lower than 1 yuan/feather, 909 is priced at 1.4 yuan/feather. When 817 is higher than 1 yuan/feather, 909 adjusts the pricing appropriately according to market demand. Because of the obvious performance advantages of prebiotic 909, it is in short supply in the market. At present, the price of prebiotic 909 is about 0.7 yuan/feather higher than that of 817. The monthly output of prebiotic 909 is about 5 million feather. This year’s total output is about 70 million feather. The hatchery of prebiotic 909 supporting 150 million feather has been completed, and the supporting breeding farm will be built in the future. Later, the company will increase the production capacity of prebiotic 909 through leasing or acquisition. It is expected that by the end of the 14th Five-Year Plan, the company’s prebiotic 909 production will increase to more than 300 million feather.

  Q: Are you anticipating the future?

  Answer: (1) From the perspective of supply, the supply volume has dropped significantly year-on-year. According to the statistics of the China Animal Husbandry Association, from January to July 2022, the renewal volume of ancestral white-feather broiler breeders in our country decreased by 23.5% year-on-year, the supply of parent broiler chickens decreased by 7.5% year-on-year, and the supply of commodity broiler chickens decreased by 12% year-on-year. The supply of chicken seedlings will decrease in the second half of this year. In late August, because China took a series of circuit breakers against US airlines, the United States suspended the flights of Chinese airlines to the United States. The impact will last until the end of September. It is expected that the renewal volume of ancestral breeders in our country will decrease even more year-

  (2) From the perspective of demand, consumption is on the rise.

  (1) epidemic impact

  The epidemic in our country in the first half of the year has a great impact on consumer demand. With the improvement of the epidemic, the recovery of airlines, airports, tourist hotels and catering industries, and the increase in demand consumption will drive up the price of chicken and chicken seedlings.

  (2) The impact of pork prices

  At present, pork prices are on the rise, and chicken and pork are related. With the adjustment of pig production capacity, pork prices have risen, and the price of chicken has also risen, which is good for the price of chicken seedlings.

  (3) Changes in consumer attitudes

  The post-90s and post-00s and other younger generations now pay more attention to healthy diet, prefer to eat chicken, and are not particularly dependent on pork. The elderly are now also beginning to pay attention to health care, which has promoted the growth of chicken consumption. From the perspective of developed countries in Europe, America, the general trend of meat consumption is also a decline in pork consumption and an increase in poultry consumption.

  (4) Changes in lifestyle

  The accelerated pace of life has promoted the development of the takeaway industry and the rise and popularity of prefabricated dishes, which will further drive the growth of chicken consumption, which will further drive the increase in demand for commercial chicken seedlings.

  From the two aspects of supply and demand, it is generally anticipated that the market situation of white feather broiler seedlings in the second half of this year will be significantly better than that in the first half of the year.

  Main business of Yisheng: introduction and breeding of ancestral broilers, production and sales of parent broilers and commercial broilers, breeding and sales of pigs and commercial pigs, production and sales of agricultural and animal husbandry equipment, dairy cattle breeding and milk sales, production and sales of organic fertilizers

  Prebiotics 2022 interim report shows that the company’s main income 855 million yuan, down 28.71% year-on-year; net profit attributable to the mother – 370.2834 million yuan, down 234.25% year-on-year; non-net profit deducted – 371.548 million yuan, down 237.89% year-on-year; in the second quarter of 2022, the company’s single-quarter main income 535 million yuan, down 13.47% year-on-year; single-quarter net profit attributable to the mother – 82.2732 million yuan, down 150.22% year-on-year; single-quarter non-net profit deducted – 83.2367 million yuan, down 150.65% year-on-year; debt ratio 48.7%, ROI – 16.0837 million yuan, financial expenses 38.6696 million yuan, gross profit margin -24.61%.

  The stock has received two ratings from agencies and two buy ratings in the last 90 days.

  Here is the detailed earnings forecast information:

  The margin financing and securities lending data shows that the stock has a net inflow of financing 90,100 in the past 3 months, and the balance of financing has increased; the net outflow of margin lending 5.3785 million, and the balance of margin lending has decreased. According to the financial report data in the past five years, the valuation analysis tool of Securities Star shows that the competitive moat in the prebiotic stock industry is good, the profitability is poor, and the revenue growth is poor. There may be hidden financial concerns, and the financial indicators that need to be paid attention to include: monetary funds/total asset ratio, interest-bearing asset-liability ratio, accounts receivable/profit margin, and accounts receivable/profit margin growth in the past 3 years. The stock has 1.5 stars for good company indicators, 2.5 stars for good price indicators, and 2 stars for comprehensive indicators. (Indicators are for reference only, indicator range: 0~ 5 stars, up to 5 stars)

  Bettany: A performance briefing was held on August 29, with 12 institutions including CICC and CITIC Securities participating

  On August 30, 2022 (), the company announced that it would hold a performance briefing on August 29, 2022. CICC, CITIC Securities, other 769 institutions, individuals, Pacific Securities, Huaan Securities, Guotai Junan Securities, Changjiang Securities, (), Harvest Fund, GF Securities, and Guosen Securities participated.

  The details are as follows:

  Q: What is the company’s long-term strategic plan for the future?

  Answer: As a big health enterprise rooted in Yunnan and focusing on skin health ecology, Bettany shoulders the mission of "bringing health and beauty to people". Bettany has always adhered to independent research and development to create high-strength competition barriers; through diversified layout, channels up the ante, comprehensive marketing matrix, etc., it has deepened the influence of state-owned brands with hard core strength. Bettany is promoting sustainable development strategy while practicing the dual-carbon goal, bravely assuming social responsibility, and giving back to society with its original intention. In the future, Bettany will further run high-quality development through all aspects of enterprise operation, break through the growth cycle with all-round innovation, actively promote the development of the big health industry, and practice corporate social responsibility for a long time.

  Q: Has Winona Baby’s product line upgrade been completed? What are the ways to play Double Eleven?

  Answer: The original motivation of this product is for infant eczema, and it is also the first product in China to do clinical treatment for newborns. This year, the whole product line has been opened and upgraded. The product lines for 0-3 years old and 3-12 years old will be launched this year.

  Q: What is the logic and iterative thinking of creating a star’s big single product?

  Answer: When the Winona brand was first launched, there were multiple series, but the results were not good. After observation, the company found that due to pollution, overtime, makeup and other reasons, the demand for sensitive skin was great and there were no strong competitors in the market at that time, so it decided to focus on sensitive skin. ① The target agglomeration company has adopted an effective focus strategy, focusing on giving consumers a product experience that exceeds expectations; ② Internet thinking constantly collects consumer feedback to maintain sensitivity to the market, and continuously carries out product iterations through close coordination of the supply chain to shorten the distance with consumers. ③ Seize the market gap. Winona launched the sunscreen category ten years ago, and it was already the first in various indicators of the market segment in the authoritative evaluation results at that time. However, considering the intense competition in the market segment at that time, there was a gap in the functional skin care market, so the company chose to enter the sensitive skin care first and now re-create the sunscreen category, which has now become the company’s second largest category.

  Q: When building a multi-brand matrix, how to balance internal incubation and foreign investment, M & A and equity participation?

  Answer: The company mainly focuses on internal incubation, supplemented by mergers and acquisitions. ① The company’s branding capabilities, multi-channel operation capabilities, and consumer market-oriented innovative product development capabilities are already available, including the company’s central product platform, design center, and an international supply chain system. ② In terms of artificial intelligence and new brands, the company hopes to fill the industrial landscape through mergers and acquisitions. In the past year, it has contacted 3-4 foreign brands, but due to the uncertainty of the economic situation, the company has not yet made a move. ③ Do your own CVC through funds, such as the company as Sequoia LP, and your own industrial fund to invest in incubation. It is not so much an investment in brands as an investment in teams. The exit path is not only listed mergers and acquisitions sold to others, but also acquisitions by listed companies.

  Q: What is the competitive trend of OTC channels in the past two years?

  Answer: It is actually not easy to do an OTC retail chain in China, because with the advancement of medical insurance, the retail price of medicines is cheaper in hospitals than in pharmacies, resulting in some passenger flows from retail chains to hospitals, and the entire channel is considering how to transform.

  There are two aspects to the transformation. ① Specialization, that is, undertaking the outflow of prescriptions from hospitals, combined with some medical services (such as the recent nucleic acid test). ② Diversified health, that is, "traditional medicine + health + beauty". In foreign countries, about 50% -70% of cosmetic consumers go from pharmacies.

  Q: How can high R & D investment drive enterprises to create a second growth curve and play a role in the construction of the skin ecosystem?

  Answer: The company has three important factors: the first is to focus on product capabilities; the second is long-term thinking; and the third is Internet thinking.

  Q: The product boundaries of Sensitive Skin PLUS? How to avoid the opposition to "Soothing, Gentle and No Additives" in R & D and operation?

  Answer: Winona’s products for sensitive skin, although emphasizing efficacy, should still be mild and free of additives. This concept is reflected in the amount of active ingredients added in the formula and the raw materials taken from natural plants. Anti-aging requires strong efficacy, but this will deviate from the brand concept of mild sensitive skin. Therefore, Winona brand emphasizes "anti-aging" rather than "anti-aging"; it proposes "four-in-one" light spot technology for freckle removal.

  Q: What is the key layout of Yunke Lab? Collaboration with existing R & D links?

  Answer: Yunke Laboratory is a new type of R & D institution 100% controlled by Bettany, which is juxtaposed with Bettany’s existing R & D system to integrate all R & D. The company focuses on the screening of Yunnan characteristic plants and conducts research on the medicinal properties of Yunnan’s 6,700 + medicinal plants. However, the research will not start from scratch, but will cooperate with local universities, Kunming Institute of Botany of the Chinese Academy of Sciences and other scientific research strengths.

  Bettany’s main business: The company is a professional cosmetics manufacturer with the "Winona" brand as the core, focusing on the application of pure natural plant active ingredients to provide gentle and professional skin care products, focusing on sensitive skin, and deeply integrating with the Internet in product sales channels.

  Bettany 2022 interim report shows that the company’s main income 2.05 billion yuan, up 45.19% year-on-year; net profit attributable to the mother 395 million yuan, up 49.06% year-on-year; non-net profit deducted 355 million yuan, up 40.5% year-on-year; in the second quarter of 2022, the company’s single quarter main income 1.241 billion yuan, up 37.26% year-on-year; net profit attributable to the mother 249 million yuan in a single quarter, up 33.6% year-on-year; non-net profit deducted 231 million yuan in a single quarter, up 31.19% year-on-year; debt ratio 16.64%, ROI 44.3313 million yuan, financial expenses – 7.4469 million yuan, gross profit margin 76.9%.

  The stock has been rated by 33 agencies in the last 90 days, with 28 buy ratings and 5 overweight ratings; the average institutional target price in the past 90 days is 232.19.

  Here is the detailed earnings forecast information:

  The margin financing data shows that the stock has a net outflow of financing 36.4537 million in the past 3 months, and the balance of financing has decreased; the net inflow of margin lending 18.0332 million, and the balance of margin lending has increased. According to the financial report data in the past five years, the Securities Star valuation analysis tool shows that Bettany’s industry competitiveness is excellent, profitability is excellent, and revenue growth is good. Financial health. The stock has 5 stars for good company indicators, 2 stars for good price indicators, and 3.5 stars for comprehensive indicators. (Indicators are for reference only, indicator range: 0~ 5 stars, up to 5 stars)

  Doushen Education: Received Enforcement Notice and Report Property Order

  On August 30, the news () announcement, received the "Notice of Execution" and "Report Property Order", Shanghai Pudong Development Bank applied to the court for enforcement of the dispute over the notarized creditor’s rights documents with the company, the company’s subsidiary Chinese Future, and the company’s subsidiary Li Sichen New Technology. The total amount of execution of the company, Chinese Future and Li Sichen New Technology by Shanghai Pudong Development Bank is 134 million yuan.

  Guotong shares: win the bidding 103 million yuan pipe procurement project

  () On the evening of August 30, the company won the bidding for the fourth section of the pipe procurement project of Zhengkai East Water Supply Project (Phase I), and the amount to be won is 103 million yuan, accounting for 8.91% of the company’s audited operating income in 2021.

  Sun Lu, a major shareholder of Keda Guochuang, terminated the reduction of holdings, and accumulated the reduction of 2.4067 million shares

  () Announcement that the company’s shareholding of more than 5% of the shareholder Sun Lu’s reduction plan was terminated in advance, and the cumulative reduction of the company’s shares 2.4067 million shares.

  Kanghong Pharmaceutical: Subsidiary drug clinical trial application accepted

  Kanghong Pharmaceutical announced on the evening of August 30 that the Drug Evaluation Center of the State Drug Administration agreed to accept the KH631 clinical trial application submitted by Hongji Bio, a subsidiary of the company. KH631 ophthalmic injection is a class 1 biological new drug with independent intellectual property rights that delivers the target gene through adeno-associated virus (AAV) for the treatment of neovascular (wet) age-related macular degeneration (nAMD).

  The main shareholder of the Academy of Construction Sciences, Jianke Investment, plans to reduce its holdings by no more than 2%.

  () announcement, the company’s shareholders holding more than 5% of the investment plan to focus on bidding mode, from September 21, 2022 to March 20, 2023 to reduce the company’s shares not more than 2.9333 million shares (accounting for 2.00% of the company’s total share capital).

  Bohai Leasing plans to reduce all 17.1661 million shares that have been repurchased

  () Announcement, in order to maintain the value of the company and shareholders’ equity, the board of directors and shareholders’ meeting of the company deliberated and approved, Bohai Leasing joint stock company (hereinafter referred to as "the company" or "Bohai Leasing") during the period from June 4, 2019 to August 15, 2019, through the centralized bidding mode to buy back a total of 17.1661 million shares, accounting for 0.2776% of the company’s total share capital, the total amount of repurchase is 59.9074 million yuan, all the shares repurchased will be used for external transfer or sale.

  In order to complete the follow-up disposal of the repurchased shares, the company held the fourth meeting of the tenth board of directors on August 29, 2022 to consider and pass the "Proposal on the Reduction of the Company’s Repurchased Shares", the board of directors agreed to the company to reduce the repurchased shares by centralized bidding transactions, the number of proposed reductions and the proportion of the total share capital: all the 17.1661 million shares that have been repurchased, accounting for 0.2776% of the company’s total share capital.

  Water shares: the proposed increase in fundraising does not exceed 1.196 billion yuan

  () On the evening of August 30, the company announced that the total amount of proceeds raised from the non-public offering of class A shares shall not exceed 1.196 billion yuan, which will be used for the construction project of special polymer materials with an annual output of 45,000 tons, the construction project of the headquarters base and the synthetic biological materials innovation center and the supplementary working capital after deducting the issuance fee.

  Academy of Construction Sciences: Jianke Investment plans to reduce its holdings by no more than 2%

  On August 30, the Academy of Construction Sciences announced that Jianke Investment, a shareholder holding 7.18%, plans to reduce its holdings by no more than 2%.

  Hyde shares: plans to jointly invest with Yongtai Energy to establish Beijing Detai Energy Storage Technology Co., Ltd

  On August 30, the news () announced that it intends to jointly invest with () in Beijing to establish Beijing Detai Energy Storage Technology Co., Ltd., with a registered capital of 1 billion yuan. Among them, Yongtai Energy contributed 510 million yuan, 51% of the shares, and the company contributed 490 million yuan, 49% of the shares. Detai Energy Storage is consolidated by Yongtai Energy.

  Hyde shares: plans to establish a subsidiary in Shanxi Province to accelerate business expansion

  Hyde shares announced on August 30 that the company held a board meeting on August 29 to consider and pass the "Proposal on Establishing a Subsidiary in Shanxi", agreeing to the company and its wholly-owned subsidiary Hyde Asset Management Co., Ltd. to jointly invest in the equity fund to establish "Shanxi Hyde Investment Co., Ltd." Shanxi Hyde registered capital of 700 million yuan, of which the company contributed 357 million yuan, holding 51%, and Hyde Asset Management contributed 343 million yuan, holding 49%.

  The company said that Shanxi Province is our country’s largest energy province, is the main area to ensure national energy security, but also one of the main areas of the group’s industrial layout. The establishment of a subsidiary in Shanxi this time is conducive to giving full play to the group’s industrial and regional advantages, attracting the company’s urgently needed and excellent local talents to join, speeding up Shanxi’s business expansion, promoting local projects, especially the company’s advantageous energy and non-performing loans and other projects, and improving the company’s business market coverage.

  In addition, the board of directors meeting on the same day also agreed that the registered capital of Beijing Rainbow Orange Asset Management Co., Ltd., a subsidiary of the company, would be increased from 10 million yuan to 600 million yuan, and the original shareholders would increase their investment in the equity fund according to the original investment ratio. After the capital increase is completed, the company’s investment in Rainbow Orange will still be 51%, and the investment ratio of Hyde Asset Management will still be 49%.

  The announcement states that the increase in capital to Rainbow Orange will help to enhance the capital strength of the company in the Beijing region, and rely on the advantages of the Beijing region to help the company expand its business nationwide, attract local outstanding talents to join, accelerate the implementation of local projects, improve the market coverage of the company’s business, and promote the company’s sustainable and healthy development.

  Baoxin Technology: Signed a project cooperation framework agreement to cooperate in the development of perovskite solar cells

  () On the evening of August 30, the company announced that it plans to sign a "Project Cooperation Framework Agreement" with Peng Jun and Yang Xinbo, distinguished professors and doctoral supervisors of Soochow University, to cooperate in the development of perovskite solar cells, perovskite-silicon laminated solar cells, and production equipment, so as to promote the industrialization of perovskite photovoltaic technology and achieve mutual benefit and win-win results for both parties.

  Origin joins hands with China Resources Capital to create an empowering platform for equity investment

  On the evening of August 30, O.R.G, a leading metal packaging enterprise, announced that it signed a strategic cooperation agreement with China Resources Capital and Runge Fund on cooperation in the field of big consumption and big health. In the future, all parties will carry out strategic cooperation around the coordinated development of big consumption and big health industry through complementary advantages and resource integration, and build a platform of equity investment + industrial empowerment in big consumption industry.

  China Resources Capital is the only comprehensive fund management platform under China Resources Group, and Runge Fund is the management platform jointly initiated by Zhuhai Gree Financial Investment Management Co., Ltd. and China Resources Capital to establish fund operation. As a leader in metal canning, Origin has developed into a comprehensive packaging overall solution provider integrating packaging design, manufacturing and filling services, brand planning, intelligent marketing, recycling business and other industry chain service capabilities.

  This time, all parties have jointly reached a strategic cooperation to jointly invest in the big health consumer industry, and rely on Origin’s technical advantages in metal packaging and long-term experience in serving consumer brands, as well as the advantages of China Resources Group and Gree Group in industries, customers, brands, etc., to deeply explore high-quality equity investment opportunities in the field of large consumption, and jointly build a large consumer industry equity investment + industry empowering platform.

  At that time, relying on the large consumer industry equity investment + industry empower platform, integrate the rich industrial resources of China Resources Group in the field of large consumption and big health and the channel resources of China Resources Vanguard, further enlarge the Product Research & Development and supply chain capabilities of Origin, accelerate the upgrading of traditional industries, empower national brands, lay out the new marketing model of digital intelligence in the new era, and deepen the cooperation of high-quality consumer and pharmaceutical brands in the metal packaging industry to jointly enhance the brand value.

  The high-quality development of the big consumption and big health industries is forming the basic plate for the stable and sustainable growth of the market. Therefore, for this strategic cooperation, Origin believes that the company has launched its own brand products one after another by relying on the concepts of big consumption, big health, and Guochao, leveraging its traditional main business advantages in the packaging field, and using innovative packaging new technologies and new materials. Through this cooperation, the company can make full use of existing industrial resources to strengthen and expand its main business on the one hand, and promote the development of its own brand business on the other hand.

  Recently, a number of brokerage institutions believe that Origin has built its own fast-selling brand through its own technological accumulation in the metal packaging industry and its advantages in the supply chain, thus enriching the company’s revenue sources and further driving up the profit margin of revenue.

  Chengzhi’s subsidiary plans to invest in POE projects and ultra-high molecular weight polyethylene projects

  In order to further expand the development space in the field of new chemical materials, the company plans to invest in the construction of POE (polyolefin elastomer) projects and ultra-high molecular weight polyethylene projects in Dongjiakou Economic Zone of Qingdao West Coast New District through its wholly-owned subsidiary Qingdao Chengzhi Huaqing New Materials Co., Ltd. The estimated investment amount is about 4 billion yuan and 800 million yuan respectively.

  Yongtai Energy plans to establish a joint venture with Hyde to acquire a 65% stake in Huihong Mining, a vanadium resources company

  Yongtai Energy announced that the company and Hainan Hyde Capital Management joint stock company ("Hyde shares", 000567.SZ) jointly signed the "Equity Acquisition Agreement" with Xinjiang Huiyou Holding Group joint stock company ("Xinjiang Huiyou Group") and Dunhuang Huihong Mining Development Co., Ltd. ("Huihong Mining"). Beijing Detai Energy Storage Technology Co., Ltd. (tentative name, "Detai Energy Storage"), which the company and Hyde shares plan to jointly invest 1 billion yuan to establish, will acquire the 65% equity of Huihong Mining, a vanadium mineral resources company held by Xinjiang Huiyou Group. After negotiation, the purchase price of Huihong Mining’s 65% equity is 192 million yuan.

  It is reported that this acquisition is to further implement the company’s transformation and development plan to the energy storage industry, acquire high-quality vanadium ore resources and upgrade high-purity vanadium smelting technology, and accelerate the company’s energy storage material resource integration, purification and smelting, new energy storage materials, electrolyte processing, electric piles, equipment R & D and manufacturing, and project integration. The company’s entire industrial chain development in the field of all-vanadium flow battery energy storage provides a complete set of energy storage solutions for new energy and traditional power systems.

  The announcement shows that Hyde is a listed company controlled by the company’s controlling shareholder, Yongtai Group Co., Ltd. ("Yongtai Group"), and Yongtai Group holds 75.28% of its shares.

  Wufang Optoelectronics shareholder Luo Hong sells 1.01% of the company’s shares

  () Announcement that since the disclosure of the previous announcement of a 1% change in equity, from August 3, 2022 to August 29, 2022, Mr. Luo Hong has reduced his holdings of 2.9736 million shares of the company, accounting for 1.01% of the company’s total share capital.

  After Shengtong Energy called back, the winning rate of online issuance was 0.0243%.

  () released an announcement that due to the initial effective subscription multiple of 9,244.88696 times online, which is higher than 150 times, the issuer and the sponsor (lead underwriter) decided to start the callback mechanism and call back the 15 million shares issued this time from offline to online. After the callback, the final number of shares issued offline was 3 million shares, accounting for 10% of the total amount issued this time; the final number of shares issued online was 27 million shares, accounting for 90% of the total amount issued this time. After the callback, the winning rate of this online issuance was 0.0243377773%, and the effective subscription multiple was 4,108.83865 times.

  Guotong shares won the bidding 103 million yuan Zhengkai East Water Supply Project (Phase I) Pipe Procurement Project Fourth Bidding Section

  Guotong shares announced that on August 30, 2022, Kaifeng Zhongzhou Water Supply Co., Ltd. issued the "Zhengkai East Water Supply Project (Phase I) Pipe Procurement Project Win the Bidding Result Announcement" on the Kaifeng Public Resources Trading Platform to determine the company’s fourth bid for the project. Win the bidding amount is RMB 103 million yuan.

  Yongtai Energy plans to establish a joint venture energy storage company with Hyde to carry out an energy storage auxiliary frequency modulation project

  Yongtai Energy announced that the company and Hainan Hyde Capital Management joint stock company ("Hyde shares", 000567.SZ) plan to jointly establish Beijing Detai Energy Storage Technology Co., Ltd. (tentative name, "Detai Energy Storage") through the company’s holding enterprise Zhangjiagang Shazhou Electric Power Co., Ltd. ("Shazhou Electric Power") to carry out 2 × 1000MW unit ("Shazhou Phase II Energy Storage Project") energy storage auxiliary frequency modulation project construction, the project investment amount 150 million yuan. The Shazhou Phase II energy storage project under construction will use an all-vanadium liquid flow battery energy storage system, which belongs to the first thermal power side energy storage auxiliary frequency modulation project in China.

  It is reported that the cooperation between Detai Energy Storage and Shazhou Electric Power is the company’s new exploration of adopting the "thermal power + energy storage" frequency modulation model and developing into the field of new energy storage. It will form an energy storage technology development route with the company’s own advantages and characteristics, further accelerate the company’s expansion in the application field of all-vanadium flow battery energy storage, and form the company’s energy storage material resource integration, purification and smelting, new energy storage materials, electrolyte processing, electric pile, equipment R & D and manufacturing, and project integration. The whole industry chain development of all-vanadium flow battery energy storage will produce good economic benefits and demonstration effects after the project is run.

  Yongtai Energy plans to bring Hyde shares to spend 1 billion yuan to establish an energy storage technology company to achieve transformation and development

  Yongtai Energy announced that the company intends to jointly invest with Hainan Hyde Capital Management Joint Stock Company ("Hyde Shares", 000567.SZ) to establish Beijing Detai Energy Storage Technology Co., Ltd. (tentative name, "Detai Energy Storage"), with a proposed registered capital of 1 billion yuan, of which: the company contributes 510 million yuan in monetary terms, holds 51%, Hyde shares contribute 490 million yuan in monetary terms, holds 49%, and Detai Energy Storage is consolidated by the company.

  It is reported that Detai Energy Storage will focus on investing in electrochemical energy storage projects, and promote the development of the entire industrial chain in the field of all-vanadium flow battery energy storage such as energy storage material resource integration, purification and smelting, new energy storage materials, electrolyte processing, electric stacks, equipment R & D and manufacturing, and project integration. Provide a complete set of energy storage solutions for new energy and traditional power systems. Detai Energy Storage strives to achieve a substantive breakthrough in its energy storage business within 1 year, form a scale within 3 years, and enter the first phalanx of the energy storage industry in 5 to 8 years.

  The purpose of this joint investment in the establishment of an energy storage technology company is to further implement the company’s transformation and development plan to the energy storage industry, give full play to the respective advantages of the company and Hyde, and accelerate the company’s energy storage resources integration, purification and smelting, new energy storage materials, electrolyte processing, electric piles, equipment R & D and manufacturing, and project integration.

  Hyde shares: jointly invested with Yongtai Energy to establish an energy storage technology company

  Hyde shares announced on the evening of August 30 that the company and Yongtai Energy recently signed the "Agreement on Cooperation in the Establishment of Energy Storage Technology Company", intending to jointly invest in the establishment of Beijing Detai Energy Storage Technology Co., Ltd. in Beijing, with a proposed registered capital of 1 billion yuan. Detai Energy Storage will focus on investing in electrochemical energy storage projects, and promote the development of the entire industry chain in the field of energy storage materials resource integration, purification and smelting, new energy storage materials, electrolyte processing, power stack, equipment R & D and manufacturing, and project integration, and provide a complete set of energy storage solutions for new energy and traditional power systems.

  Suning.com Releases 2022 Semi-Annual Report: Revenue 37.209 billion EBITDA Continue to Turn Positive

  Announcement on the evening of August 30, Suning.com released the 2022 semi-annual report. The announcement shows that Suning.com’s revenue in the first half of the year was 37.209 billion yuan, EBITDA increased to 859 million yuan, and offline home appliance 3C home life professional stores achieved operating profit and profitability. The comparable store revenue in a single month in June increased by 4.4% year-on-year. The sinking area continued to penetrate, and Suning.com retail cloud opened 1111 new stores in the first half of the year. The effect of improving quality and efficiency was obvious. In the first half of the year, Suning.com’s comprehensive gross profit margin increased by 9.00% year-on-year, and the company’s total expenses decreased by 40.10% year-on-year during the period. Focusing on core business and seeking quality growth, Suning.com’s operating

  During the reporting period, the net cash flow generated by Suning.com’s operating activities was positive. In terms of profit performance, without considering factors related to non-operating cash flow, Suning.com’s EBITDA in the first half of the year (EBITDA refers to the exclusion of non-operating cash flow factors on the basis of earnings before interest, tax, depreciation and amortization) was 859 million yuan, which was fundamentally improved compared with the second half of last year. EBITDA in the first quarter was 260 million yuan, and EBITDA in the second quarter was 599 million yuan, achieving quarterly EBITDA growth. Excluding changes in the fair value of financial assets and the impact of foreign exchange gains and losses, the company’s net profit attributable to the parent company’s shareholders in the second quarter decreased by 13.71% quarter-on-quarter and 73.04% year-on-year.

  In April and May, some areas were affected by the epidemic, and the company actively adjusted and responded. With the continuous promotion of consumer incentive policies in various places in June, the company seized market opportunities and promoted energy-saving subsidies, 618 promotion, air-conditioning peak season promotion and other activities. In June, the company achieved a 49.07% increase in commodity sales compared with May.

  During the reporting period, Suning.com owned 1,589 home appliance 3C home life professional stores, covering various user consumption scenarios such as core business districts, community business districts, supermarkets and some shopping centers. In the first half of the year, Suning.com accelerated the adjustment of loss-making and inefficient self-operated stores, vigorously promoted the decline in store rents, and further enhanced offline profitability. Offline home appliance 3C home life professional stores achieved operating profits. In June, comparable stores increased by 4.4% year-on-year.

  During the same period, Suning.com further strengthened the optimization of store structure, further enhanced the user experience in stores in first- and second-tier cities, increased the promotion of mid-to-high-end products, and effectively improved the sales capacity of the overall solution. Focusing on the needs of users for new home appliances and the purchase trend of complete sets of home appliances, Suning.com completed the upgrade and transformation of the new store model, launched its innovative format focusing on home scene solutions, Suning.com, and upgraded the brand, category, and scene halls around the consumption scenarios and experiences of mid-to-high-end brand products, optimizing service links.

  Suning.com’s retail cloud business has developed rapidly, consolidating the penetration of the lower-tier market. Suning.com Retail Cloud opened 1,111 new stores in the first half of the year, bringing the total to 9,749, maintaining and consolidating its leading edge in terms of network quantity, sales scale and operation quality. Retail cloud sales in the first half of the year increased by 5% year-on-year, of which retail cloud sales in June increased by 53% year-on-year.

  It is worth noting that during the reporting period, Suning.com increased the proportion of offline sales by adjusting the commodity structure, improved the sales promotion of mid-to-high-end products, and restored the gross profit level. The gross profit margin of the company’s main business increased by 4.82% year-on-year, and the gross profit margin of other businesses increased by 4.18% year-on-year. The company’s comprehensive gross profit margin increased by 9.00% year-on-year, reaching a comprehensive gross profit margin of 20.31%. During the same period, Suning.com made great efforts to promote expense control to further optimize the organization, improve staff efficiency, and strengthen incentives. During the reporting period, the company’s operating expenses decreased by 47.82% year

  According to the data of the semi-annual report, with the strong support of the provincial and municipal governments of Jiangsu and Nanjing, and the full support of suppliers and partners, Suning.com continued to promote various measures to reduce costs, improve efficiency and increase revenue in the first half of the year. The business situation further stabilized and improved, and the quality of operation entered a continuous improvement cycle. Aiming at the rigid demand market of home consumption, Suning.com continued to deepen its strategic positioning as a "retail service provider that provides users with home scene solutions", give full play to the advantages of offline physical and regional layout, and strengthen and upgrade the one-stop shopping experience of home appliances and home improvement, which will help open up new growth space.

  Baoxin Technology signed the "Project Cooperation Framework Agreement" with Peng Jun and Yang Xinbo

  Baoxin Technology announced that according to the company’s Strategy and Development and Business Planning, in order to further improve the efficiency of heterojunction cell products, reduce the cost of battery power, and enhance the comprehensive competitiveness of products, in line with the principle of mutual benefit and common development, and in accordance with the company’s Strategy and Development and Business Planning, the company intends to sign a "Project Cooperation Framework Agreement" with Mr. Peng Jun and Mr. Yang Xinbo, Distinguished Professor and Doctoral Supervisor of Suzhou University, to cooperate in the development of perovskite solar cells, perovskite-silicon laminated solar cells and production equipment, to promote the industrialization of perovskite photovoltaic technology, and to achieve mutual benefit and win-win situation for both parties.

  The signing of the "Project Cooperation Framework Agreement" will help to strengthen the depth of the company’s strategic layout, enhance its advanced technology development capabilities, deepen the depth of cooperation between the two sides, and achieve complementary advantages and win-win cooperation.

  It is reported that the partners of this time are Mr. Peng Jun and Mr. Yang Xinbo. Mr. Peng Jun and Mr. Yang Xinbo are distinguished professors and doctoral supervisors of Soochow University. They have long been engaged in solar photovoltaic technology, materials and device physics research, including perovskite solar cells, perovskite-silicon laminated solar cells, and silicon solar cells. His team focuses on the development of high-efficiency, stable, and large-area perovskite solar cells and perovskite-silicon laminated solar cells to promote the industrialization of perovskite photovoltaic technology.

  The performance of Zhonggong Education in the first half of the year was released, and the year-on-year improvement was significant under pressure

  () The 2022 semi-annual results announcement was released today. During the reporting period, the operating income was 2.227 billion yuan and the net operating cash flow was 1.033 billion yuan, an increase of 210% year-on-year and a continuous positive quarter-on-quarter.

  Searching the semi-annual report of public education found that the main reason for the change in performance during the reporting period was that the delay in exams and epidemic prevention and control had a greater adverse impact on the company’s main business. Hundreds of branches in various places have successively suspended classes, and at the same time faced multiple provincial exams. Delayed to the second half of the year, enrollment and teaching have been greatly impacted, and the main business is under pressure.

  Under the many adverse effects of epidemic prevention and control on the education and training industry in the first half of the year, Zhonggong Education said that the company actively overcame difficulties to maintain normal business operations, the performance under pressure recovered quarter by quarter, the contract liabilities increased month-on-month, the total operating cost decreased by 36% year-on-year, and the four fees decreased year-on-year.

  At the same time, the company actively carried out product structure adjustment, and achieved positive results in the reform of amoeba operation, the accelerated integration of online and offline, the continuous optimization of vertical integration fast response, and the rapid layout of new vocational education businesses, ensuring that the operating cash flow situation continued to improve. And by focusing on the main channel of vocational education, taking into account the steady development of traditional businesses such as talent recruitment and training, and academic improvement, the company will continue to promote the effective boost of the annual business plan.

  Under the opportunity of continuous repair of the talent recruitment market in the second half of the year, Zhonggong Education is expected to give full play to the comprehensive advantages of leading enterprises through structural product adjustment, internal optimization, cost reduction and efficiency increase, and take root in the employment service market. Further strengthen existing advantages and achieve steady improvement in operating performance in the second half of the year. (CIS)

  Baoxin Technology plans to cooperate with industry experts to develop perovskite solar cells

  On the evening of August 30, Baoxin Technology announced that the company plans to sign a "Project Cooperation Framework Agreement" with Peng Jun and Yang Xinbo, distinguished professors and doctoral supervisors of Soochow University, to cooperate in the development of perovskite solar cells, perovskite-silicon laminated solar cells, and production equipment to promote the industrialization of perovskite photovoltaic technology.

  According to public information, Peng Jun and Yang Xinbo are distinguished professors and doctoral supervisors at Soochow University. They have been engaged in solar photovoltaic technology and materials and device physics research for a long time, including perovskite solar cells, perovskite-silicon laminated solar cells, and silicon solar cells. His team focuses on developing high-efficiency, stable, and large-area perovskite solar cells, as well as perovskite-silicon laminated solar cells, to promote the industrialization of perovskite photovoltaic technology.

  Baoxin Technology said that the signing of the "Project Cooperation Framework Agreement" aims to leverage the company’s production base, industry experience and financing capabilities in the field of high-efficiency heterojunction photovoltaic cells, as well as Peng Jun and Yang Xinbo’s technology and research and development capabilities in the field of perovskite technology and perovskite stack technology. The advantages of both parties are complementary, and the company’s strategic layout is gradually realized, product energy conversion efficiency and market competitiveness are improved, and overall strength is enhanced.

  Hongdu Airlines plans to jointly establish AVIC Plaza Optoelectronic Interconnect Technology (Nanchang) to undertake the company’s EWIS cable assembly business

  () Announcement, the company intends to invest 52.50 million yuan in the equity fund and () Technology joint stock company to jointly invest in the establishment of AVIC Plaza Optoelectronic Interconnect Technology (Nanchang) Co., Ltd.

  The announcement shows that AVIC Plaza Optoelectronics’ EWIS (Electrical Circuit Interconnection System) cable assembly business is relatively mature and has rich project experience. Its products are widely used in various types of aircraft, defense products and communications, and have the foundation to integrate with the company’s EWIS cable assembly business. Through cooperation with AVIC Plaza Optoelectronics, a joint venture company will be established, and the joint venture company will undertake the company’s EWIS cable assembly business. Relying on AVIC Plaza Optoelectronics’ specialized capabilities and advantages in EWIS cable assemblies, it can not only help the company quickly fill the shortcomings and meet the company’s capacity demand for EWIS cable assemblies, but also enable the company to focus on its main business and further enhance its aviation product delivery capabilities.

  Aohai Technology Director Kuang Cuisi plans to reduce his stake by no more than 0.4358%

  () announcement, the company received on August 30, 2022 the company’s director, deputy general manager Mr. Kuang Cui Si issued the "share reduction plan notice letter", Mr. Kuang Cui Si plan from the date of disclosure of this announcement within 15 trading days after the 6 months, the company’s shares in the centralized bidding mode to reduce the company’s shares accumulated not more than 1.0243 million shares, accounting for the company’s total share capital ratio of not more than 0.4358%.

  Multi-dimensional promotion to improve quality and efficiency Song.com’s comprehensive gross profit margin increased by 9% year-on-year

  Announcement on the evening of August 30, Suning.com released the 2022 semi-annual report. The announcement shows that Suning.com’s revenue in the first half of the year was 37.209 billion yuan, EBITDA increased to 859 million yuan, and offline home appliance 3C home life professional stores achieved operating profit and profitability. The comparable store revenue in a single month in June increased by 4.4% year-on-year. The sinking area continued to penetrate, and Suning.com retail cloud opened 1111 new stores in the first half of the year. The effect of improving quality and efficiency was obvious. In the first half of the year, Suning.com’s comprehensive gross profit margin increased by 9.00% year-on-year, and the company’s total expenses decreased by 40.10% year-on-year during the period. Focusing on core business and seeking quality growth, Suning.com’s operating

  During the reporting period, the net cash flow generated by Suning.com’s operating activities was positive. In terms of profit performance, without considering factors related to non-operating cash flow, Suning.com’s EBITDA in the first half of the year (EBITDA refers to the exclusion of non-operating cash flow factors on the basis of earnings before interest, tax, depreciation and amortization) was 859 million yuan, which was fundamentally improved compared with the second half of last year. EBITDA in the first quarter was 260 million yuan, and EBITDA in the second quarter was 599 million yuan, achieving quarterly EBITDA growth. Excluding changes in the fair value of financial assets and the impact of foreign exchange gains and losses, the company’s net profit attributable to the parent company’s shareholders in the second quarter decreased by 13.71% quarter-on-quarter and 73.04% year-on-year.

  In April and May, some areas were affected by the epidemic, and the company actively adjusted and responded. With the continuous promotion of consumer incentive policies in various places in June, the company seized market opportunities and promoted energy-saving subsidies, 618 promotion, air-conditioning peak season promotion and other activities. In June, the company achieved a 49.07% increase in commodity sales compared with May.

  During the reporting period, Suning.com owned 1,589 home appliance 3C home life professional stores, covering various user consumption scenarios such as core business districts, community business districts, supermarkets and some shopping centers. In the first half of the year, Suning.com accelerated the adjustment of loss-making and inefficient self-operated stores, vigorously promoted the decline in store rents, and further enhanced offline profitability. Offline home appliance 3C home life professional stores achieved operating profits. In June, comparable stores increased by 4.4% year-on-year.

  During the same period, Suning.com further strengthened the optimization of store structure, further enhanced the user experience in stores in first- and second-tier cities, increased the promotion of mid-to-high-end products, and effectively improved the sales capacity of the overall solution. Focusing on the needs of users for new home appliances and the purchase trend of complete sets of home appliances, Suning.com completed the upgrade and transformation of the new store model, launched its innovative format focusing on home scene solutions, Suning.com, and upgraded the brand, category, and scene halls around the consumption scenarios and experiences of mid-to-high-end brand products, optimizing service links.

  Suning.com’s retail cloud business has developed rapidly, consolidating the penetration of the lower-tier market. Suning.com Retail Cloud opened 1,111 new stores in the first half of the year, bringing the total to 9,749, maintaining and consolidating its leading edge in terms of network quantity, sales scale and operation quality. Retail cloud sales in the first half of the year increased by 5% year-on-year, of which retail cloud sales in June increased by 53% year-on-year.

  It is worth noting that during the reporting period, Suning.com increased the proportion of offline sales by adjusting the commodity structure, improved the sales promotion of mid-to-high-end products, and restored the gross profit level. The gross profit margin of the company’s main business increased by 4.82% year-on-year, and the gross profit margin of other businesses increased by 4.18% year-on-year. The company’s comprehensive gross profit margin increased by 9.00% year-on-year, reaching a comprehensive gross profit margin of 20.31%. During the same period, Suning.com made great efforts to promote expense control to further optimize the organization, improve staff efficiency, and strengthen incentives. During the reporting period, the company’s operating expenses decreased by 47.82% year

  According to the data of the semi-annual report, with the strong support of the provincial and municipal governments of Jiangsu and Nanjing, and the full support of suppliers and partners, Suning.com continued to promote various measures to reduce costs, improve efficiency and increase revenue in the first half of the year. The business situation further stabilized and improved, and the quality of operation entered a continuous improvement cycle. Aiming at the rigid demand market of home consumption, Suning.com continued to deepen its strategic positioning as a "retail service provider that provides users with home scene solutions", give full play to the advantages of offline physical and regional layout, and strengthen and upgrade the one-stop shopping experience of home appliances and home improvement, which will help open up new growth space.

  Xinhua intends to change the company name to Xinhua technology joint stock company

  () Announcement that the company has completed the sale of 100% equity of 11 wholly-owned subsidiaries in the retail business sector to the controlling shareholder Xinhua Duo Group through cash sale. According to the company’s Strategy and Development Plan, in order to more accurately reflect the company’s main business and meet the needs of the company’s operation and future development, the company intends to change the full name and business scope of the company. The changed company name is: Xinhua Duo Technology joint stock company.

  After divesting the retail business, the company’s main business will be changed from Internet marketing business and retail business to Internet marketing business. The company’s industry will be changed from "retail industry" to "Internet and related services" (ultimately subject to the industry classification results issued by the Securities Supervision Commission).

  Kelu Electronics: Holding Sun Company won the bidding of about 120 million yuan Southern Power Grid invited tenders project

  () Announcement on the evening of August 30, recently, the company’s holding Sun company Suzhou Kelu received the "win the bidding notice" sent by the invite tenders agent Southern Power Grid Materials Co., Ltd., Suzhou Kelu won the bidding for about 120 million yuan in the first batch of invited tenders in the distribution network equipment of Southern Power Grid Company in 2022, accounting for about 3.75% of the company’s audited operating income in 2021.

  Kelu Electronics Sun Company won the bidding 120 million yuan Southern Power Grid distribution network equipment related projects

  Kelu Electronics announced that recently, the company’s holding Sun company Suzhou Kelu Dongzi Electric Co., Ltd. (referred to as "Suzhou Kelu") received the "win the bidding notice" sent by the invited tenders agent Southern Power Grid Materials Co., Ltd., Suzhou Kelu won the bidding in the first batch of invited tenders in the distribution network equipment of Southern Power Grid Company in 2022.

  Yichang Technology: plans to transfer 49% of the equity of Shenyang Yichang Development, a shareholding company

  On the evening of August 30, the company announced that it plans to publicly list and transfer its 49% stake in Shenyang Yichang Development in the property rights trading center. The final transaction price and the counterparty will be determined according to the bidding results.

  Yichang Technology plans to transfer its 49% stake in Shenyang Yichang Development

  Yichang Technology announced that in order to further integrate the company’s resources and improve quality and efficiency, the company plans to publicly transfer its 49% stake in Shenyang Yichang Development in the property rights trading center. The final transaction price and the counterparty to the transaction will be determined according to the bidding results. This transaction is carried out by way of public listing and transfer, and the counterparty to the transaction has not yet been determined, so it is currently impossible to determine whether it constitutes a related party transaction.

  The sale of Shenyang Yichang Development’s shareholding will help the company optimize its strategic regional layout, integrate advantageous resources to develop its main business, promote enterprise transformation and upgrading, and enhance the company’s sustainable profitability.

  Zhenhua Heavy Industry: The board of directors agreed to appoint Ou Huisheng as the general manager of the company

  BEIJING Tonight, August 30th, () issued an announcement on the change of the general manager (president) of the company. Today, the 13th meeting of the 8th Board of Directors of Zhenhua Heavy Industry deliberated and approved the "Proposal on Consideration", agreeing to appoint Ou Huisheng as the general manager (president) of the company. The term of office starts from the date of the board’s deliberation and approval until the expiration of the term of the 8th board of directors. The independent directors have issued an agreed independent opinion on this matter.

  Zhenhua Heavy Industry said that in order to devote more energy to the construction of the board of directors, Liu Chengyun will no longer serve as the company’s general manager (president), and Liu Chengyun will continue to serve as the company’s chairperson, director, chairperson of the strategy committee and chairperson of the nomination committee.

  Ou Huisheng, resume:

  Ou Huisheng, born in 1970, started working in 1992, Ph.D., Senior Economist, Accountant, Certified Public Accountant, currently Deputy Secretary of the Party Committee of Zhenhua Heavy Industry. Main work experience: from January 2007 to January 2012, he served as the president of Zhuhai Special Economic Zone Fuhua Group joint stock company (renamed as () joint stock company in September 2010); from February 2007 to August 2022, he served as the director of Zhuhai Special Economic Zone Fuhua Group joint stock company (Zhuhai Port joint stock company); from July 2011 to June 2013, he served as a director and deputy secretary of the party committee of Zhuhai Port Holding Group Co., Ltd.; from July 2011 to February 2015, he served as the general manager of Zhuhai Port Holding Group Co., Ltd.; from June 2013 to August 2022, he served as the chairperson, party secretary and legal representative of Zhuhai Port Holding Group Co., Ltd.; 2013 From June to August 2020, he served as the legal representative of Zhuhai Port joint stock company; from June 2013 to August 2022, he served as the chairperson of the board of directors of Zhuhai Port joint stock company; from September 2020 to August 2022, he served as the chairperson of the joint stock company; from January 2021 to August 2022, he served as the chairperson of Qingdao () joint stock company.

  Zhenhua Heavy Industry: The board of directors agreed to appoint Ou Huisheng as the general manager of the company

  Beijing, August 30th, tonight, Zhenhua Heavy Industry released an announcement on the change of the general manager (president) of the company. Today, the 13th meeting of the 8th Board of Directors of Zhenhua Heavy Industry deliberated and approved the "Proposal on Consideration", agreeing to appoint Ou Huisheng as the general manager (president) of the company. The term of office starts from the date of the board’s deliberation and approval until the expiration of the term of the 8th board of directors. The independent directors expressed their agreed independent opinions on this matter.

  Zhenhua Heavy Industry said that in order to devote more energy to the construction of the board of directors, Liu Chengyun will no longer serve as the company’s general manager (president), and Liu Chengyun will continue to serve as the company’s chairperson, director, chairperson of the strategy committee and chairperson of the nomination committee.

  Ou Huisheng, resume:

  Ou Huisheng, born in 1970, started working in 1992, Ph.D., Senior Economist, Accountant, Certified Public Accountant, currently Deputy Secretary of the Party Committee of Zhenhua Heavy Industry. Main work experience: from January 2007 to January 2012, he served as the president of Zhuhai Special Economic Zone Fuhua Group joint stock company (renamed Zhuhai Port joint stock company in September 2010); from February 2007 to August 2022, he served as the director of Zhuhai Special Economic Zone Fuhua Group joint stock company (Zhuhai Port joint stock company); from July 2011 to June 2013, he served as a director and deputy secretary of the party committee of Zhuhai Port Holding Group Co., Ltd.; from July 2011 to February 2015, he served as the general manager of Zhuhai Port Holding Group Co., Ltd.; from June 2013 to August 2022, he served as the chairperson, party secretary and legal representative of Zhuhai Port Holding Group Co., Ltd.; 2013 From June to August 2020, he served as the legal representative of Zhuhai Port joint stock company; from June 2013 to August 2022, he served as the chairperson of the board of directors of Zhuhai Port joint stock company; from September 2020 to August 2022, he served as the chairperson of Tongyu Heavy Industry joint stock company; from January 2021 to August 2022, he served as the chairperson of Qingdao Tianneng Heavy Industry joint stock company.

  Baoxin Technology plans to sign a project cooperation framework agreement to cooperate in the development of perovskite solar cells

  Baoxin Technology announced that the company plans to sign a "Project Cooperation Framework Agreement" with Peng Jun and Yang Xinbo, distinguished professors and doctoral supervisors of Soochow University, to cooperate in the development of perovskite solar cells, perovskite-silicon laminated solar cells, and production equipment to promote the industrialization of perovskite photovoltaic technology and achieve mutual benefit and win-win results for both parties.

  Weichai Power announced the 2022 semi-annual rights and interests distribution plan, proposing to send 0.96 yuan for 10 years

  Flush Financial News () announced on August 31 that the company’s 2022 semi-annual equity distribution plan is as follows: based on the total share capital 6.7835168 billion shares, cash dividends of 0.96 yuan will be distributed to all shareholders for every 10 shares, and a total of 651 million yuan will be distributed as cash dividends, accounting for 27.29% of the net profit attributable to the parent in the same period.

  According to Weichai Power’s 2022 semi-annual performance report, the company’s operating income was 86.74 billion yuan, down 35.9% year-on-year; net profit attributable to shareholders of listed companies was 2.387 billion yuan, down 63.34% year-on-year; basic earnings per share were 0.27 yuan, down from 0.81 yuan in the same period last year.

  Weichai Power joint stock company is a key backbone enterprise of national internal combustion engine research and development, manufacturing and sales. It is also the first company in China’s diesel engine industry to be listed in Hong Kong. The company’s internal combustion engine products are widely used in heavy-duty vehicles, buses, construction machinery, marine, power generation and other high-power power supporting markets. The WD615 and WD618 diesel engines produced by the company have an average share of more than 75% in the heavy-duty vehicle and construction machinery market. In recent years, 10L/12L high-power diesel engines have maintained a market leadership position. The company took the lead in passing ISO9000 quality system certification ISO/TS16949 certification in the same industry in China. In 2019, Weichai Power was selected as the "Top Ten Annual Model Brands" in the China Brand Power Ceremony.

  (Source: Flush iFinD)

  Lanfan Medical: Subsidiary terminates cooperation with Qingdao Medical Lushu

  () Announcement on the evening of August 30, the company previously announced that its wholly-owned subsidiary Shanghai Blue Sail Assets signed the "Investment Cooperation Framework Agreement" with Qingdao Yi Lu Shu and Li Ping on December 18, 2014. Due to the dishonest behavior of Qingdao Yi Lu Shu and Li Ping concealing major matters and making false statements from Shanghai Blue Sail Assets, the cooperation foundation no longer exists, the preconditions for this investment cannot be met, and the termination of the agreement stipulated in the "Framework Agreement" is triggered.

  Sunshine City has matured unpaid debt principal total 35.766 billion yuan

  Sunshine City announced that due to the impact of the macroeconomic environment, industry environment and financing environment superimposed by multiple rounds of epidemic, the company’s liquidity has been tense in stages. As of the disclosure date of this announcement, the company’s matured and unpaid debts (including Financial Institution Group loans, partner funds, open market related products, etc.) The total principal amount is 35.766 billion yuan, of which: in the open market, the overseas open market bonds did not pay the principal on time for a total of 68 million US dollars, and the domestic open market bonds did not pay the principal on time for a total of 14.903 billion yuan.

  Sunshine City made a half-year provision for asset impairment, reducing the company’s current profit by 1.93 billion yuan

  Sunshine City announced that the balance of asset impairment reserve withdrawn by the company at the end of the 2022 half year is RMB 9.833 billion yuan, of which the balance of bad debt reserve is RMB 1.098 billion yuan, the balance of contract asset impairment reserve is 15.3853 million yuan, the balance of inventory decline reserve is 8.719 billion yuan, and the balance of goodwill impairment reserve is 59,600 yuan.

  The asset impairment provision for inventory and receivables in the current period makes the balance of various assets in the company’s balance sheet better reflect its fair condition. The provision for asset impairment provision is directly included in the current profit and loss, increasing the current asset impairment loss by 1.993 billion yuan and reducing the company’s current profit by 1.93 billion yuan.

  Sunshine City plans to conduct asset management with accounts payable not exceeding 323 million yuan

  Sunshine City announced that the company intends to cooperate with China Huarong Asset Management joint stock company Gansu Province Branch (referred to as "Huarong Gansu") to take the payables formed by the company and its subsidiaries in the course of operation as the basic assets, and to conduct asset management on the above basic assets. The total scale does not exceed RMB 323 million yuan, and the company bears the corresponding debts as a joint debtor.

  Haowu shares: Obtained authorization from Avita Technology

  Haowu shares announced on the evening of August 30 that the Avita Center (located at No. 24, Automobile Park Middle Road, Airport Economic Zone, Tianjin) applied for by the company has been authorized by Avita Technology. Avita Technology requires the company to arrange the opening of Avita Center after passing the acceptance within the specified time limit.

  Tianyuan shares: plans to increase Yibin lithium treasure with no more than 520 million yuan

  () Announcement on the evening of August 30, Yibin Lithium Treasure plans to introduce strategic investors through capital increase to accelerate capacity expansion and integrated development of the industrial chain. Yibin Lithium Treasure’s current round of capital increase is mainly to accelerate the construction of the "annual output of 40,000 tons of lithium battery ternary cathode materials, annual output of 30,000 tons of lithium battery ternary front body" project, and strengthen the company’s strategic layout in the field of new energy lithium battery materials. The total strategic capital increase of Yibin Lithium Treasure this time is planned to not exceed 2.70 billion yuan, and the company plans to increase Yibin Lithium Treasure in cash to not exceed 520 million yuan.

  Jincheng Medicine: Ceftriaxone Sodium for Injection Approved to Add Specifications and Supplementary Approvals

  Jincheng Pharmaceutical announced on the evening of August 30 that Jincheng Jinsu, a holding subsidiary, recently received the "Notice of Drug Supplementary Application Approval" for ceftriaxone sodium for injection approved by the State Food and Drug Administration, agreed to the supplementary application for ceftriaxone sodium for injection to increase the specification by 2.0g, issued the drug approval number, and deemed to have passed the evaluation of generic drug quality and efficacy consistency.

  Aohai Technology: Deputy General Manager Kuang Cuisi plans to reduce his holdings of no more than 1.02 million shares

  Beijing August 31st last night, Aohai Technology issued a pre-disclosure announcement on the reduction of shares held by the company’s directors. Aohai Technology received the "Notice of the Share Reduction Plan" issued by Kuang Cuisi, the director and deputy general manager of the company, yesterday. Kuang Cuisi plans to reduce the company’s shares in a centralized bidding mode within 6 months after 15 trading days from the date of disclosure of this announcement (except for the window period when relevant laws and regulations prohibit the reduction of shares). A total of no more than 1,024,250 shares, accounting for no more than 0.4358% of the company’s total share capital.

  Aohai Technology pointed out that Kuangcuisi is not a controlling shareholder or actual controller of the company, and the implementation of this reduction plan will not result in a change in the control of the listed company, nor will it affect the company’s governance structure, shareholding structure, and continuing operations. There are no commitments that should be fulfilled but not fulfilled. Investors are invited to invest rationally.

  Jinyuan shares: Jin Hengwang and the Catamarca provincial government of Argentina signed a cooperation agreement on accelerating the strategic development and investment of the lithium battery industry

  Jinyuan Co., Ltd. announced that its subsidiary Zhejiang Jinhengwang Lithium Industry Co., Ltd. (hereinafter referred to as "Jinhengwang") and the Catamarca Provincial Government of Argentina signed the "Cooperation Agreement on Accelerating the Strategic Development and Investment of the Lithium Battery Industry".

  It is reported that Catamarca Province is a province rich in lithium ore resources in the Argentine Republic, the two sides on the Argentine Catamarca Province around the lithium battery industry investment, development, technical services, battery recycling and other aspects to carry out a full range of strategic cooperation reached the following consensus, and set up a special project docking group, regular exchange of information and discussion and research, is now in good faith cooperation, joint development, win-win development of the original intention to sign the "on accelerating the lithium battery industry strategic development and investment cooperation agreement".

  The announcement said that the signing of this agreement is conducive to promoting the company’s overseas exploration of lithium resources, accelerating the reserve of foreign lithium resources, and is conducive to the company’s future overseas lithium resources layout and project construction. The agreement signed this time follows the requirements of the company’s Transformation Lithium Industry’s Second Takeoff Strategy and Development Plan, focusing on the development of new energy materials for the lithium battery industry.

  Jinyuan Co., Ltd.: The subsidiary signed a cooperation agreement with the Catamarca Provincial Government of Argentina to accelerate the strategic development and investment construction of the lithium battery industry

  Jinyuan Co., Ltd. announced on the morning of August 31 that its subsidiary Jin Hengwang and the government of Catamarca Province in Argentina signed the "Cooperation Agreement on Accelerating the Strategic Development and Investment Construction of the Lithium Battery Industry". Catamarca Province is a province with rich lithium ore resources in the Argentine Republic. The two sides reached a consensus on carrying out all-round strategic cooperation in Catamarca Province in Argentina around the investment, development, technical services, battery recycling and other aspects of the lithium battery industry. The signing of this agreement is conducive to promoting the company’s overseas exploration of lithium resources, accelerating the reserve of foreign lithium resources, and is conducive to the company’s future overseas lithium resource layout and project construction.

  Hanyi shares are listed today, with an issue price of 25.68 yuan/share

  According to the announcement of the exchange, () was listed on the growth enterprises market of the Shenzhen Stock Exchange today. The company’s stock code is 301270, the issue price is 25.68 yuan/share, and the issue price-to-earnings ratio is 44.32 times.