Selected A-share announcements | Zhongji Xuchuang (300308.SZ) repurchases of nearly 5 billion yuan of shares will be cancelled and net profit for the first three quarters increased by 211.81%
Today's focus
1. Zhongji Xuchuang: The nearly 5 billion yuan share buyback will be cancelled, with a net profit of 22.238 billion yuan in the first three quarters
Zhongji Xuchuang (300308.SZ) announced that from September 1 to September 23, 2026, the company repurchased a total of 5.6531 million shares through centralized bidding, accounting for 0.48% of the total share capital, with a total payment amount of 4.997 billion yuan. The use of repurchased shares was changed from employee stock ownership plans or share incentives to complete cancellation and reduction of registered capital. The bill still needs to be reviewed by the shareholders' meeting. The company's revenue for the first three quarters was 69.547 billion yuan, up 178.13% year on year; net profit attributable to shareholders of listed companies was 22.238 billion yuan, up 211.81% year on year. The company said that orders for products such as 800G and 1.6T in the third quarter all achieved month-on-month growth compared to the second quarter. At the same time, the company mentioned that three departments, including the People's Bank of China, have clearly changed the stock repurchase and reloan policy from a phased arrangement to a long-term institutional arrangement, and that the reloan interest rate will be reduced from 1.25% to 1% starting November 4, 2026.
2. Wuliangye: The controlling shareholder's plan to increase holdings of 3,014 billion yuan was implemented, and the shareholding increased to 21.70%
Wuliangye (000858.SZ) announced that from May 7 to November 6, 2026, Wuliangye Group increased its holdings by a total of 409.677 million shares through centralized bidding, accounting for 1.06% of the company's total share capital and an increase of 3,014 billion yuan. The plan to increase its holdings has been completed. After the increase in holdings, Wuliangye Group's shareholding ratio increased from 20.65% to 21.70%, and its co-actor, Yibin Development Holdings, held a total of 56.14% of the shares.
3. Luoyang Molybdenum Industry: Plans to repurchase shares for 1 billion yuan to 2 billion yuan, with a maximum price of 2,208 yuan/share
Luoyang Molybdenum Industry (603993.SH) announced that the company plans to use its own funds or self-raised funds to repurchase A-shares through centralized bidding, with a repurchase amount of 1 billion yuan to 2 billion yuan, with a repurchase price of no more than 22.78 yuan/share. The implementation period is 3 months. According to the upper limit, it is estimated that 87.7963 million shares will be repurchased, accounting for 0.41% of the total share capital. The repurchase was used to protect the company's value and shareholders' rights. The closing price of the company's stock was less than 50% of the highest closing price in the last year.
4. Fuao shares and Fuwei shares: China FAW transferred to the owner free of charge, and the actual controller was changed to the State Council's State-owned Assets Administration Commission
Fuao Co., Ltd. (000030.SZ) announced that the controlling shareholder, the Jilin Provincial State-owned Capital Operation Group and Tianyi Company controlled by it, plan to transfer 29.84% of its shares to China FAW free of charge. After the transfer, China FAW will directly and indirectly control 55.54% of the shares. The controlling shareholder will be changed to China FAW, and the actual controller will be changed from the Jilin Provincial State-owned Assets Administration Commission to the State Council's State-owned Assets Administration Commission. Fuwei Co., Ltd. (600742.SH) announced on the same day that the controlling shareholder Yadong Investment plans to transfer 15.45% of its shares to FAW free of charge. After the transfer, China FAW will hold a total of 38.39% of the shares. The controlling shareholder and actual controller will change at the same time.
5. ST Longda: Case filed against actual controller Dai Xuebin on suspicion of manipulating the securities market
ST Longda (002726.SZ) announced that Dai Xuebin, the actual controller of the company, received a “Notice of Case Filing” from the China Securities Regulatory Commission and decided to file a case against it on suspicion of manipulating the securities market. Dai Xuebin did not hold a position in the company, did not participate in the company's daily business decisions, and the company's board of directors operated normally, and production and operation were normal.
6. China Rare Earths: Proposed issuance of shares to acquire shares in Zhongxiliangshan; stock trading continues to be suspended
China Rare Earth (000831.SZ) announced that the company is planning to purchase shares of Zhongxi (Liangshan) Rare Earths Co., Ltd. by issuing shares and raise supporting capital. Stock trading will be suspended from the opening of the market on November 2, 2026, and is expected to be suspended for no more than 10 trading days. Currently, the trading plan is still being negotiated, the trading plan is still being prepared, and trading of the company's shares will continue to be suspended.
Operating performance
1. Shaanxi coal industry: Electricity generation increased 29.94% year-on-year in October, coal production was 15.35 million tons
Shaanxi Coal Industry (601225.SH) announced that in October, self-produced coal sales volume was 14.1 million tons, up 1.36% year on year.
2. Ningbo Port: Container throughput in October was 4.82 million TEUs, up 5.6% year on year
Ningbo Port (601018.SH) announced that cargo throughput in October was 99.56 million tons, a year-on-year decrease of 2.3%.
Buyback & increase or decrease holdings
1. Shanghai Electric Power Co., Ltd.: Chairman proposes to repurchase 500 million yuan to 1 billion yuan
Shanghai Electric Power Co., Ltd. (002463.SZ) announced that Chairman Chen Meifang proposed to repurchase shares for equity incentives or reduction of registered capital.
2. Ganfeng Lithium: The actual controller and chairman proposed a repurchase of 200 million yuan to 400 million yuan
Ganfeng Lithium (002460.SZ) announced that the repurchase of shares will be used to protect the company's value and shareholders' rights for a period of 12 months.
3. Tianyin Holdings: Judicial auction of 503 million yuan of shares held by controlling shareholders acting in unison
Tianyin Holdings (000829.SZ) announced that an additional 30.36 million shares were sold due to no bids, accounting for 9.63% of the total share capital.
Sign a big order
1. Guangzhi Technology: The subsidiary received the Coherent Indium Phosphide Long Order, which is expected to be no less than US$601 million
Guangzhi Technology (300489.SZ) announced that the supply of 6-inch indium phosphide substrates from 2027 to 2029 is an intention agreement.
2. Jiechuang Intelligence: signed a 4.915 billion yuan computing power technology service contract for a period of 60 months
Jiechuang Intelligence (301248.SZ) announced that the contract amount is the provisional total price, and each batch is subject to the actual signed order.
others
1. Gbit: Disbursed 6 yuan per share in the third quarter, for a total of 431 million yuan
Gbit (603444.SH) announced that the share registration date is November 12, and the repurchase of special account shares will not participate in the distribution.
2. Phoenix Shipping: Suspected information disclosure violation was filed by the Securities Regulatory Commission
Phoenix Shipping (000520.SZ) announced that the company's various business activities are being carried out normally and will actively cooperate with the investigation.