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Education Examinations Institute of the Ministry of Education: Comments on the Chinese National Paper of the 2023 College Entrance Examination

Cctv newsAccording to WeChat WeChat official account of the Education Examinations Institute of the Ministry of Education, in 2023, the Education Examinations Institute of the Ministry of Education ordered four sets of Chinese examination papers for the national college entrance examination, namely, National Volume A, National Volume B, New Curriculum Standard I and New Curriculum Standard II. The examination questions fully implement the spirit of the 20th National Congress of the Communist Party of China, adhere to the guidance of Socialism with Chinese characteristics Thought of the Supreme Leader in the new era, implement the fundamental task of cultivating people by virtue, deepen the reform of examination content, promote the reform of basic education and teaching, and help cultivate top-notch innovative talents.

First, focus on the overall situation, based on the overall situation, Bacon casts a soul in the language situation.

  The examination questions are designed as a whole, the materials are carefully selected, the people are educated by literature, the things are moistened silently, and the spring breeze turns the rain into rain.

1 Hold high the banner of thought, Bacon casts the soul.

  The examination questions are organically integrated into Socialism with Chinese characteristics Thought of the Supreme Leader in the new era. The two materials in the writing test "One flower alone is not spring" in the National Volume B are respectively from the keynote speech "Walking hand in hand on the road to modernization" delivered by the Supreme Leader General Secretary at the high-level dialogue meeting with world political parties in the Communist Party of China (CPC) on March 15, 2023 and the speech "Civilizations are enriched by exchanges and civilizations are enriched by mutual learning" delivered at UNESCO headquarters in Paris, France on March 27, 2014.

The national B-volume writing test "One flower alone is not spring"

22. Read the following materials and write as required. (60 points)

  Blowing out other people’s lights will not make you brighter; Blocking others’ way will not make you go further.

  "A single flower is not spring, and a hundred flowers bloom in spring." If there is only one kind of flower in the world, even if it is beautiful, it is monotonous.

  The above two materials are from the speech of the Supreme Leader General Secretary, which tells the general truth in vivid language. Please write an article based on this to reflect your understanding and thinking.

  Requirements: select the right angle, determine the concept, clarify the style, and draw up the title; Do not copy or copy; Do not disclose personal information; Not less than 800 words.

  Although the two materials are aimed at international relations, mutual learning of civilizations and other issues, the truth revealed is universal. Material 1 can be used in the relationship between countries and also in getting along with people. Material 2 illustrates the dialectical relationship between part and whole by "one flower" and "hundred flowers". The two materials simultaneously constitute a dialogue relationship. The test questions guide young people to cherish the greatness of the country and establish a correct world outlook and values. Candidates have a large writing space and can cut into many angles.

  The first material in the new curriculum standard Volume II, Modern Chinese Reading I, is taken from the speech "Talk about Investigation and Research" delivered by the Supreme Leader General Secretary at the opening ceremony of the second batch of students in the autumn semester of the Central Party School on November 16, 2011. The article emphasizes that investigation and research should adhere to the mass line and the principle of seeking truth from facts, so as to inspire the majority of young people to learn their wisdom and gain insights from the people’s creative practice.

2 cultivate feelings of home and country, enhance self-confidence.

  The test questions guide candidates to establish a correct view of history, nationality and country, and enhance patriotic feelings and national self-confidence. For example, the reading materials of Volume A discuss many archaeological discoveries, analyze the significance of archaeology in writing ancient history, and guide candidates to better understand the long-standing, profound Chinese civilization. The materials of classical Chinese reading test questions in Volume A and Volume B are selected from Longping Collection • Confucianism is righteous "and" Han Feizi • "Ten Years" guides candidates to inherit Chinese cultural genes, keep upright and not conservative, respect the ancient and not retro.

  The writing test "The Power of Stories" in Volume I of the new curriculum standard guides candidates to think about the facts, images, emotions and truths contained in the story as a carrier, and the significance of telling stories well. What is a good story, what story to tell well and how to tell a good story are all good writing angles. Candidates can write stories to inspire themselves, and also discuss how to tell the story of China well to the world.

New Curriculum Standard Volume I Writing Test "The Power of Stories"

23. Read the following materials and write as required. (60 points)

  Good stories can help us express and communicate better, touch our hearts and enlighten our wisdom; A good story can change a person’s fate and show the image of a nation … … Stories are powerful.

  What kind of association and thinking did the above materials cause you? Please write an article.

  Requirements: select the right angle, determine the concept, clarify the style, and draw up the title; Do not copy or copy; Do not disclose personal information; Not less than 800 words.

3 carry forward the spirit of labor, educate people and cultivate their hearts

  The examination questions emphasize the integration of labor education with moral education, intellectual education, physical education and aesthetic education, and guide candidates to respect ordinary workers and firmly establish a correct concept of labor. For example, the reading material "Grow a Good Buckwheat in One Place", the second volume of literature in China, reflects the deep feelings of farmers in China for the land and embodies the indomitable spirit of the Chinese nation. It is written in the literature text reading material "To My Son" in the first volume of the new college entrance examination that young people who are baptized by labor can not only strengthen their physique, "the muscles on their shoulders will bulge under the pole", but also realize some fundamental and eternal truths.

Second, to cope with changes, improve the pattern, and enlighten wisdom and increase wisdom in the examination of thinking

  In 2023, Chinese test questions will strengthen the examination of thinking quality, and guide candidates to improve their logical thinking ability, image thinking ability and innovative thinking ability.

1 examine logical thinking, improve speculative ability

  The test questions examine the logical thinking ability from many aspects, such as whether to form an opinion, whether to reason reasonably, whether to demonstrate rigorously, and whether to express accurately. For example, the topic of "people, technology and time" is given in the writing test materials of National Grade A, but no clear point of view is given. Candidates need to mobilize their abilities of association, migration, demonstration and reasoning, find problems, identify problems, form opinions and expand arguments.

"People, Technology and Time", a writing test in National Grade A.

22. Read the following materials and write as required. (60 points)

  People can better control time because of the development of technology, but some people have become servants of time.

  What kind of association and thinking did this sentence cause you? Please write an article.

  Requirements: select the right angle, determine the concept, clarify the style, and draw up the title; Do not copy or copy; Do not disclose personal information; Not less than 800 words.

2 Examining thinking in images and improving aesthetic quality

  The examination questions select literary works, lead candidates to feel the beauty of the motherland’s language and characters, and mobilize association and imagination on the basis of reading experience to express their feelings and thoughts. For example, the pragmatic I corpus of Volume B is extracted from Two Old Men by Wang Zengqi, which examines the ability of candidates to comprehend the expression effect through language forms. Lin Bu’s "Late Return on the Lake" is selected as the reading test of ancient poetry in Volume II of the new curriculum standard, which shows the poet’s tranquil mood in the description of the scenery. Question 16 asks candidates to think about how Wang Guowei’s view of "seeing things from me, so everything is my color" is confirmed in his poems.

3 examine scientific thinking, stimulate the enthusiasm of inquiry

  习总书记在多次讲话中强调提高青少年科学素养的重要性。试题通过文质兼美的科普文章激发考生的好奇心、想象力和探究欲,倡导科学思维。如全国甲、乙卷的实用类文本阅读材料选自科普读物《树的秘密生命》和《深时之旅》,既注重营造热爱科学的氛围,又引导学生在理解材料信息的基础上,对相关问题作深入思考。

三 平稳布局、开拓新局,在考教衔接中以考促教

  试题积极体现《普通高中语文课程标准》(2017年版)的新理念,主动呼应国家统编高中语文教材中的新增内容,增强试题的创新性和开放性,引导一线教学扭转功利化倾向,将功夫下在提高课堂质量、夯实知识基础、培养能力素养上。

1 依据课程标准,强调语文实践

  语文核心素养是学生在积极的语言实践活动中积累与构建起来,并在真实的语言运用情境中表现出来的语言能力及其品质。试题从阅读与鉴赏、表达与交流、梳理与探究等方面,考查考生语言积累、梳理与迁移运用能力。全国甲卷语言文字运用试题材料摘自张志公的《说工具》,介绍了三位教师对成语“破釜沉舟”的不同的教学方法。第21题要求从“卧薪尝胆、庖丁解牛、一鼓作气”三个成语中任选一个,借鉴材料中第三位教师的讲解方法,拟出讲解要点。

2 Linking up and compiling textbooks to promote classroom reform

  The relationship between the enhancement of test questions in Volume I and Volume II of the new curriculum standard and the compilation of textbooks. The learning task in the textbook of the unified compilation, such as the test of writing short comments on works in the reading of literary texts in Volume I of the new curriculum standard, points to the learning task of "learning to write short comments on literature" in the Chinese textbook of the unified compilation; Associated with the new contents in the textbook, such as the information text reading I of the new curriculum standard II and the unit of "hometown cultural life" and "reading the whole book" in the textbook; The basic knowledge in the textbook, such as the meaning comprehension test of classical Chinese reading, is connected with the textbook content; The selected articles in the textbook are related, such as Lu Xun’s Social Drama and Shen Congwen’s Border Town, etc.

3. Innovating the form of proposition, reducing mechanical brush questions.

  A variety of new questions are used in the test questions, which effectively avoids rote memorization and "mechanical brushing". Each of the four writing questions has its own characteristics. Among them, the writing question "Teenagers’ own space" in Volume II of the new curriculum standard is a new type of reading and writing.

New Curriculum Standard Volume II Writing Test "Teenagers’ Own Space"

23. Read the following materials and write as required. (60 points)

  The idea of "be quiet and not be disturbed" mentioned in the language application II of this test paper is not uncommon among contemporary teenagers. Teenagers sometimes want to have their own space to relax, settle down and grow up in their study and life.

  Please write an article combining the above materials.

  Requirements: select the right angle, determine the concept, clarify the style, and draw up the title; Do not copy or copy; Do not disclose personal information; Not less than 800 words.

  Four sets of classical Chinese test materials have single text and compound text. The new sentence-breaking questions in classical Chinese can prevent candidates from using skills to answer. The forms and test sites of the four sets of pragmatic test questions are different. In addition to traditional ill sentences, idioms and supplementary writing, comments, sentence meanings and expression effects are also examined.

4 Respect the law of growth and encourage personality development.

  Test questions provide candidates with a space to show their personality and express their true feelings, and encourage candidates to explore, find problems and express themselves. For example, the writing test "Young People’s Own Space" in the second volume of the new curriculum standard is close to the examinee’s life and closely related to the growth of young people. Candidates can show their personality and reflect their thinking on growth through the introduction of their own space content, and can also have a dialogue with their parents and teachers.

  In 2023, the Chinese examination questions for the college entrance examination will educate the party and select talents for the country, guide the vast number of young people to establish firm ideals and beliefs, consolidate their knowledge base, improve their ability and accomplishment, and become the pillars of socialist modernization!

Blow up the screen "The Fall of Angels" The strongest bodyguard on the surface starts at the end of the year.

1905 movie network news Hollywood action blockbusters will be released nationwide on December 31. Recently, the film side recently exposed a special notice, the third part of "Falling into the Universe" returned strongly, and the tough guy Banning was on fire, which proved the super fighting power of the first bodyguard. After the domestic file was set, the upgraded action scenes and film patterns aroused wide expectations of the audience, and were praised as "must watch cool films at the end of the year". Many netizens said that they "booked the New Year’s movie tickets in advance".

As the third film of "Falling into the Universe", "Angel Falling" continues the cool film style of the "Falling" series, with car chase and hand-to-hand gunfight. The visual effect has also been upgraded in an all-round way. Hundreds of drones were carpet bombed in the forecast, which made people’s adrenaline soar. A large number of helicopter crashes, high-speed car chases and other scenes were all attended by gerard butler himself. The first bodyguard will return to the big screen, and the audience will experience a more real and exciting viewing experience.


This time, the original team returned again, gerard butler andMorgan FreemanThe combination of the classic partners and what new surprises the two will bring is also a major focus of the audience. Many netizens said that "the two of them are worth the fare."

 Behind the scenes, in addition to the original first screenwriter, The Fall of Angels added Robert Mark Kaman, the screenwriter of Immediate Rescue, which expanded the story richness. Mike Banning changed from the president’s "guardian angel" to "fallen angels", and the sudden change made him have to cry goodbye to his wife and daughter, looking for evidence while fleeing.

It is reported that gerard butler, besides the leading actor, is also the producer of the film. In order to tell the story more profoundly, he has repeatedly said: "Without a good script and a good director, the sequel will never be started".

After the release of "The Fall of Angels" in North America, the audience’s favorable rate of rotten tomatoes was as high as 93%, and it won the box office championship in North America for two weeks in a row. The upgraded action scenes and film pattern aroused widespread expectations of domestic audiences. After the official announcement was made on December 31st, there were countless expectations, such as "I can finally see it on the big screen after waiting for too long", "I expect Banning, the tough guy" and "The cool film is scheduled at the end of the year, and I must watch it in the New Year’s Eve".

The movie "The Fall of Angels" tells the story of Mike Banning, a hardcore bodyguard, who was framed as a wanted man, and how the former hero would get out of danger, protect the president and crack the conspiracy behind him.

The film will be released nationwide on December 31st, so stay tuned for the end of the year.


Baidu Post Bar section implies "pornography-related" advertisements. According to the reporter’s investigation, most of the illegal accounts are "small" or come from online shopping posting services.

New Yellow River reporter: Ding Guobin  

Browsing the contents of different sections of Baidu Post Bar, netizens often find illegal advertisements that imply "pornography" in posting information or post messages, most of which have QQ numbers and other contact channels. In addition, netizens also found that there are daily posts such as job hunting, and soon there will be illegal advertisements. Where are these implied "pornography-related" posts published? Are there any interest chains behind them? Why can they pass the platform review? Recently, a survey by a reporter from the New Yellow River found that a variety of posting services can be hired through the online shopping platform for only a few tens of yuan. People in the industry said that illegal content was sent by intelligent script programs, and homophones were often used to avoid auditing. For illegal posts appearing on the Internet, Baidu Post Bar hotline said that complaints can be reported.

The content of the post bar implies "pornography" information.

Most of them have contact information such as QQ number.

"Changzhi Bar, Wuhu Bar and other cities have some illegal posts." A netizen said that most of the illegal contents involve advertisements related to pornography. "These advertisements related to pornography are deeply hidden. They usually have words such as’ girl in the same city’,’ Baidu online disk’ and’ real delivery’, and there are a lot of emoticons between the lines. We tried to contact Baidu for this information but didn’t get a reply. "

Recently, the reporter of New Yellow River searched several cities in Baidu Post Bar. Among them, Changzhi Bar published a post with words such as "door-to-door service" named "3 consecutive _ tired articles" and left a contact QQ number. In addition, there are some theme posts, such as voting options, the end of the article, etc., with obvious pornographic information, full of sexual hints and other languages. The reporter noted that many such posts were posted on March 10th and still existed on the Internet on 14th.

According to the information provided by netizens, the reporter from the New Yellow River entered Wuhu Bar, a post titled "Looking for a job with five insurances and one gold", and there was no illegal information in its content, but in a post on February 15, there were multiple ID account messages with a combination of words and expressions, and the content had nothing to do with the theme post of finding a job. On the personal homepage of this account, there are three numbers in the signature column, which are combined into QQ number. After the reporter tried to add this number of friends successfully, he recommended adding personal WeChat. In the WeChat account, there is obvious pornographic information in the personalized signature, and QQ group is provided. "There are a lot of advertisements that imply’ pornography’ in the post bar now. In order to avoid the audit of relevant departments, they usually add friends several times to commit illegal acts." The netizen said.

Most of them are "three noes" accounts that send illegal information, and use homophones and other means to avoid intelligent audit.

The reporter of the New Yellow River investigated a number of accounts with "pornography-related" information, most of which are "three noes" accounts with lower levels, that is, extremely low-quality accounts without profiles, avatars and effective content. A person who has been engaged in post bar management said that most of these accounts are registered in batches, which can be easily obtained by people with certain Internet technology.

"The program of advertising AI (intelligent script) is very simple, and logically it can be done by one person alone. If you want to target a platform that is not strictly regulated, one person can be an information publishing robot in one day. But from another perspective, the real difficulty of such products lies in how to overcome the verification and security issues of the forum, which is technically difficult. " A person in the IT industry explained that to publish information with intelligent scripts, it is necessary to understand the man-machine verification and key shielding words of the corresponding platform, and then transplant the advertisements to be published in the page to ensure that the posts are not found and deleted by administrators and systems. At present, some platforms have introduced AI management technology a long time ago, and targeted inspection and deletion of key information.

Why are there some implied violation information? A person engaged in Internet programs said, "At present, smart scripts often bypass the system judgment by means of homophones and mixed expressions, and also grab various contents on the Internet and post them disguised as various interesting paragraphs, popular science articles and other contents. When the audience finished reading this post with great interest, they found that there was a violation message at the end. At present, there is no effective way to deal with it in terms of technical means. For manual management methods, it is difficult to pay labor costs for full-time post review. "

Online merchants sell posting services, ranging from tens of dollars to hundreds of dollars to post all kinds of posts.

On March 16th, an online shop owner who claimed to be the main "Post Bar business" said that the store had a variety of post bar accounts for sale, and paid top posts to keep a theme post on the home page of the post bar for a long time, controlled multiple accounts to "rob the building to reply" to the theme posts sent by others to spread information, bought "zombie fans" to create a false big V, and sent private messages to users one by one. Its sales accounts also include "ordinary number", "high quality clean number" and "high imitation number", which are used for posting in various forms such as "casting a net widely" and "making a big V".

The store’s price table shows that the above business ranges from tens of yuan to hundreds of yuan. "You can post all kinds of posts, as well as private messages and concerns." Shopkeepers said that they would adjust the price according to the risk level of the posted content. Some netizens told reporters that they had also received private messages from strange trumpets, many of which contained hidden information about pornography.

According to the above-mentioned people engaged in internet programs, the product programs behind the services sold by merchants can be operated only through simple learning, and users do not need professional computer programming knowledge. "This kind of program often needs iteration and maintenance, so the circulation mode of this kind of software is often to open the use right to the buyer instead of directly transferring the program to the buyer." This person believes that it is difficult for such programs to get rid of the developers and circulate in the market alone. The specific users will have a certain relationship with the developers to a certain extent. "Behind some’ three noes’ accounts in the post bar, there is an interest chain related to intelligent script development and professional posting."

It took a lot of trouble to report to Baidu officials, and Post Bar was once "interviewed" for being involved in pornography.

On the afternoon of March 23rd, a reporter from the New Yellow River reported that a job post in Wuhu Bar implied "involving pornography". The official hotline of Baidu Post Bar said that it was recommended to use the web page to report through voice. At present, this post has been deleted. However, other unreported implied "pornographic" posts still exist in various post bars.

According to previous media reports, Baidu Post Bar has pornographic information and was "interviewed" by the Internet Office. To this end, Baidu has also invested a lot of manpower and material resources to crack down on bad false information through technical means and manual inspections. In addition, Baidu Post Bar launched the "nationwide report" program, opened the complaint reporting channel, accepted the supervision of friends, bar owners and users of the whole network, and set up a special team to deal with netizens’ complaints and feedback in time.

According to Li Wenna of Shandong Chongyao Law Firm, according to relevant laws, individual users are using the Internet to make, copy, publish, sell and disseminate obscene articles, and serious cases may be suspected of criminal offences. "At present, the definition of publishing illegal information on behalf of the law is unclear, the boundary of responsibility is vague, and it is difficult to prove. When the illegal information is released, if there are illegal and criminal facts, the platform where the illegal information appears and the illegal molecular weight crime of hiring the’ water army’ to publish such information can be sentenced, but the personnel who publish it on their behalf lack corresponding punishment. " Li Wenna suggested that the network platform should improve the corresponding network technology, strengthen the screening of relevant information, and strengthen the supervision of the registered post account.

Editor: Weekend

Announcement of Listed Companies in Shenzhen (November 25th)

  Molding technology was investigated by the China Securities Regulatory Commission for allegedly violating the law, and its share price fell.

  On November 24th, () issued a notice about receiving the notice of filing a case from China Securities Regulatory Commission. According to the announcement, Jiangnan Molding Technology Co., Ltd. (hereinafter referred to as "the company") received the Notice of Filing a Case by China Securities Regulatory Commission (No.0102022017) on November 21, 2022. Because the company was suspected of violating the laws and regulations on information disclosure, according to the People’s Republic of China (PRC) Securities Law, the Administrative Punishment Law of the People’s Republic of China and other laws and regulations, the China Securities Regulatory Commission decided to file an investigation on the company. During the investigation, the company will actively cooperate with the investigation work of China Securities Regulatory Commission and fulfill its information disclosure obligations in strict accordance with regulatory requirements.

  On November 24, its share price fell. A few days ago, it also announced that from November 9, 2022 to November 22, 2022, the closing price of the company’s shares has been lower than 85% of the current conversion price of 7.24 yuan/share (that is, 6.15 yuan/share), which is expected to trigger the downward revision clause of the conversion price. Investors are advised to pay attention to investment risks.

  Holding more than 11.3 million shares, it has not lifted the restriction on the sale of 10 billion private placements to sue innovative medical care.

  On the evening of November 23rd, () (SZ002173, share price of 7.42 yuan, market value of 3.362 billion yuan) announced that the company received the Civil Complaint and the notice of proof issued by the People’s Court of Pudong New Area in Shanghai on the same day, and Shanghai Yicun Investment Management Co., Ltd. (hereinafter referred to as "Yicun Investment") failed to handle the cancellation due to its holding of about 11.3049 million restricted shares of innovative medical care.

  The cause of the incident dates back to June 21, 2016. At that time, Yicun Investment, as the manager of "One Village Jinniu No.6 Private Investment Fund", signed a Stock Pledge Contract with Qiqihar Jianheng Investment Management Partnership (Limited Partnership) (hereinafter referred to as "Jianheng Partnership"), stipulating that Jianheng Partnership would pledge about 11,304,900 innovative medical shares (shares involved) to Yicun Investment.

  Subsequently, due to the failure of Jianheng Partnership to pay off the principal debt in time, the Shanghai Financial Court ordered Jianheng Partnership to pay off the principal debt according to law on February 24, 2020, and ordered Yicun Investment to have the pledge right to the shares involved in the case and to be compensated in priority for the proceeds from its auction sale. On April 8, 2022, due to the unsuccessful judicial auction, the Shanghai Financial Court ruled in accordance with the law that the shares involved in the case held by Jianheng Partnership were valued at about RMB 63.692 million and delivered to Yicun Investment to pay off debts. On June 14, 2022, Yicun Investment completed the transfer registration procedures of the shares involved in the case and officially became a shareholder of innovative medical care.

  According to the data of private placement network, Shanghai Yicun Investment Management Co., Ltd. was established in 2010. The company’s main business directions include investment management outsourcing services and investment consultants, and its management scale is over 10 billion yuan.

  For 11.3049 million innovative medical stocks, Yicun Investment naturally wants to sell in the secondary market after the restricted shares are lifted. However, the problem is that although the commitment to restrict the sale of the shares involved in Yicun Investment expired on February 15, 2019, after repeated reminders from Yicun Investment, Innovative Medical still refuses to lift the restriction.

  In the Civil Complaint, Yicun Investment stated that according to the relevant rules for lifting the restrictions on sales, listed companies and their board of directors have the obligation to issue documents that meet the requirements of the rules to exchanges and securities registration and clearing companies and cooperate with them in lifting the restrictions on sales of shares. After Yicun Investment became a shareholder, it communicated with innovative medical care and related personnel for many times to handle the lifting of the restrictions on the sale of shares involved in the case. On June 21, 2022, Yicun Investment once again requested Innovative Medical to handle the lifting of the ban on the shares involved in the case in the form of a formal written letter, but Innovative Medical and its board of directors still refused to handle it.

  Therefore, Yicun Investment believes that Innovative Medical and its board of directors have the obligation to handle the procedures for lifting the restricted shares in time according to law. At present, Innovative Medical and its board of directors refused to go through the formalities of lifting the sales restriction, failed to fulfill their respective legal obligations, and jointly infringed upon the shareholders’ rights of Yicun Investment, including the disposal and income of the stocks involved, which caused great economic losses to Yicun Investment. According to the law, they should bear legal responsibilities such as stopping the infringement, correcting the illegal acts, compensating the losses and all the rights protection costs of Yicun Investment.

  The question is, for these 11.3049 million shares, why is innovative medical care delayed? The reason is that Innovative Medical also explained in a Prompt Announcement on the Shares Held by Shareholders of the Company to be Judicial Auction published on December 30, 2021. It turns out that there is still an arbitration case between Innovative Medical and Jianheng Partnership that has not yet been decided, and because of this unresolved arbitration case, the Shanghai Financial Court once said in the auction of the shares involved that the bidder must understand and inquire from the listed company on its own. When can I go through the procedures for lifting the ban on listing, the announcement of the listed company shall prevail. "

  According to this, Innovative Medical said that in order to safeguard the company’s rights and interests, the company would like to remind the potential bidders of this share auction that although this share has passed the three-year sales period, in view of the fact that the above-mentioned arbitration case is still in progress, this share has not been lifted. If the arbitration results rule that Jianheng Partnership needs to fulfill the relevant compensation obligations, but it fails to do so, the bidder may face the risk that the shares it holds cannot be listed and circulated after winning the bid. Bidders should pay full attention to investment risks.

  However, although Innovative Medical has indicated that the shares involved in the case may face the risk of not being listed and circulated before being transferred to a village for investment, whether this can become a defense for both parties in court in the future remains to be decided by the court.

  Search Yute: The court accepts the application for pre-reorganization of the company.

  () Announcement was issued. On November 23, 2022, the company received the Notice of Accepting the Application for Pre-reorganization from Dongguan Intermediate People’s Court [(2022) Guangdong 19 Po Shen No.137], agreed to accept the creditor’s application for pre-reorganization of the company, and appointed Beijing Zhonglun (Shenzhen) Law Firm and Guangdong Shangkuan Law Firm as the pre-reorganization administrators. The court’s acceptance of the creditor’s application for pre-reorganization of the company does not mean that the company has officially entered the reorganization procedure, and there is still great uncertainty about whether the subsequent company can enter the reorganization procedure. At present, the company has not received the relevant legal documents from the court about the company’s entry into the reorganization procedure.

  In the era of capital increase, Xingyun optimizes the shareholding structure of subsidiaries, and Xingyun shares focus on the development of its main business.

  On the evening of November 23rd, () announced that the company plans to jointly increase the capital of Times Nebula with Jizhi Energy Storage and () in the form of monetary contribution, totaling RMB 200 million.

  After the completion of this capital increase, the registered capital of Time Xingyun increased from 200 million yuan to 400 million yuan, of which Xingyun shares hold 10% of the shares of Time Xingyun; Jizhi Energy Storage holds a 35% stake in Time Nebula; Contemporary Amperex Technology Co., Limited holds a 20% stake in Time Nebula.

  Open information reality, Time Nebula’s main business includes battery manufacturing; Battery sales; Sales of new energy vehicle power exchange facilities; Centralized fast charging station, etc. As of the first three quarters of 2022, the company’s total assets were 810 million yuan, its operating income was 310 million yuan, and its net profit was-13,921,600 yuan. Its chairman was Huang Shilin.

  Xingyun Co., Ltd. said that this capital increase will help to enhance the operating ability and development potential of Times Xingyun, help to enhance its market competitiveness and anti-risk ability, and promote the sustained and steady development of its business, which is in line with the long-term interests of shareholders of Times Xingyun.

  The capital increase will not affect the company’s shareholding ratio in Times Nebula, and will not lead to changes in the scope of the company’s consolidated financial statements. The capital source of this capital increase is the company’s own funds. The amount of capital increase will not have a significant adverse impact on the company’s financial situation and operating results, and there is no harm to the interests of the company and shareholders.

  On the same day, another announcement of Xingyun Co., Ltd. revealed that it planned to transfer 61% of the subscribed capital contribution (not actually contributed) of its wholly-owned subsidiary Xingyun Wisdom to Huang Shilin, Liu Zuobin and Li Youcai respectively, of which Huang Shilin, Liu Zuobin and Li Youcai received 52%, 4.5% and 4.5% of the subscribed capital contribution respectively.

  After the transfer of the subscribed capital contribution and the completion of the capital increase, Xingyun shares hold 30% of the equity of Xingyun Wisdom; Huang Shilin holds a 40% stake in Xingyun Wisdom; Liu Zuobin holds an 18% stake in Xingyun Wisdom; Li Youcai holds a 12% stake in Xingyun Wisdom. After the completion of this transaction, Xingyun Wisdom and its subsidiaries will no longer be included in the scope of the company’s consolidated financial statements.

  Xingyun Co., Ltd. said that in view of the fact that the investment business of charging station planned by Xingyun Wisdom is still in the initial stage of layout, there is great uncertainty in the future business situation. It is expected that the future resource investment and cash demand will be large, which may affect the company’s cash flow and profitability, and the above business is not currently the company’s main business; After the completion of this transaction, it will optimize the shareholder structure of Xingyun Wisdom, introduce external investment, reduce the investment risk of the company, and help the company to concentrate resources on the main business of research and development, production and sales of lithium battery equipment and energy storage related products. This related party transaction is in line with the company’s business development needs and strategic planning.

  In the era of capital increase, Xingyun optimizes the shareholding structure of subsidiaries, and Xingyun shares focus on the development of its main business.

  On the evening of November 23rd, Xingyun announced that the company plans to jointly increase the capital of Times Xingyun with Jizhi Energy Storage and Contemporary Amperex Technology Co., Limited in cash, totaling RMB 200 million.

  After the completion of this capital increase, the registered capital of Time Xingyun increased from 200 million yuan to 400 million yuan, of which Xingyun shares hold 10% of the shares of Time Xingyun; Jizhi Energy Storage holds a 35% stake in Time Nebula; Contemporary Amperex Technology Co., Limited holds a 20% stake in Time Nebula.

  Open information reality, Time Nebula’s main business includes battery manufacturing; Battery sales; Sales of new energy vehicle power exchange facilities; Centralized fast charging station, etc. As of the first three quarters of 2022, the company’s total assets were 810 million yuan, its operating income was 310 million yuan, and its net profit was-13,921,600 yuan. Its chairman was Huang Shilin.

  Xingyun Co., Ltd. said that this capital increase will help to enhance the operating ability and development potential of Times Xingyun, help to enhance its market competitiveness and anti-risk ability, and promote the sustained and steady development of its business, which is in line with the long-term interests of shareholders of Times Xingyun.

  The capital increase will not affect the company’s shareholding ratio in Times Nebula, and will not lead to changes in the scope of the company’s consolidated financial statements. The capital source of this capital increase is the company’s own funds. The amount of capital increase will not have a significant adverse impact on the company’s financial situation and operating results, and there is no harm to the interests of the company and shareholders.

  On the same day, another announcement of Xingyun Co., Ltd. revealed that it planned to transfer 61% of the subscribed capital contribution (not actually contributed) of its wholly-owned subsidiary Xingyun Wisdom to Huang Shilin, Liu Zuobin and Li Youcai respectively, of which Huang Shilin, Liu Zuobin and Li Youcai received 52%, 4.5% and 4.5% of the subscribed capital contribution respectively.

  After the transfer of the subscribed capital contribution and the completion of the capital increase, Xingyun shares hold 30% of the equity of Xingyun Wisdom; Huang Shilin holds a 40% stake in Xingyun Wisdom; Liu Zuobin holds an 18% stake in Xingyun Wisdom; Li Youcai holds a 12% stake in Xingyun Wisdom. After the completion of this transaction, Xingyun Wisdom and its subsidiaries will no longer be included in the scope of the company’s consolidated financial statements.

  Xingyun Co., Ltd. said that in view of the fact that the investment business of charging station planned by Xingyun Wisdom is still in the initial stage of layout, there is great uncertainty in the future business situation. It is expected that the future resource investment and cash demand will be large, which may affect the company’s cash flow and profitability, and the above business is not currently the company’s main business; After the completion of this transaction, it will optimize the shareholder structure of Xingyun Wisdom, introduce external investment, reduce the investment risk of the company, and help the company to concentrate resources on the main business of research and development, production and sales of lithium battery equipment and energy storage related products. This related party transaction is in line with the company’s business development needs and strategic planning.

  Meiansen shareholder Great Wall Asset Management reduced its holdings to less than 5%.

  () Announcement was issued. On November 24th, the company received the Simplified Equity Change Report issued by the shareholder Great Wall Capital. Due to the operation arrangement of the asset management plan, Great Wall Asset Management managed by Great Wall Capital reduced its holdings of the company’s shares, and on November 23rd, it reduced its holdings of 361,500 shares of the company’s unrestricted shares through centralized bidding trading in Shenzhen Stock Exchange, accounting for 0.19% of the company’s total share capital. After this reduction, Great Wall Asset Management holds 9,408,500 shares of the company, accounting for 4.99% of the company’s total share capital, and will no longer be a shareholder holding more than 5% of the company’s shares.

  Yunhai Metal Co., Ltd. plans to invest over 3.2 billion yuan to build a high-performance magnesium-based light alloy and magnesium alloy deep processing project.

  () Announced that Wutai Yunhai Magnesium Industry Co., Ltd. ("Wutai Yunhai"), a subsidiary of the company, plans to invest in the construction of a project with an annual output of 100,000 tons of high-performance magnesium-based light alloy and 50,000 tons of magnesium-based deep processing in order to meet the development needs of lightweight and intelligent manufacturing in recent years, further promote the healthy development of magnesium industry, ensure the stable supply of raw materials in the industry, and expand the application of magnesium alloys in the deep processing field.

  The total investment of the project is 3.238 billion yuan. After the project is put into production, it is estimated that the annual net profit will be 837 million yuan, and the investment payback period will be 5.62 years (including the construction period).

  According to the announcement, the project is located in Wutai County, Shanxi Province, which is rich in mineral resources. From ore mining, raw magnesium and magnesium alloy production to deep processing products, the project has expanded the company’s production capacity of raw magnesium, magnesium alloy and deep processing products, which will further ensure the supply of magnesium products, promote the healthy and orderly development of the industry, improve the company’s market share in raw magnesium, magnesium alloy and deep processing fields, and continuously expand the application fields of magnesium alloys, enhance the company’s competitiveness and profitability, and consolidate the company’s position in the industry.

  9.63 million restricted shares of Sanyangma will be listed and circulated on November 30th.

  () Announced that the shares released by the company this time are part of the shares issued before the company’s initial public offering. The number of shares released is 9.63 million, accounting for 12.03% of the company’s total share capital, and the listing and circulation time is November 30.

  Lu Kang pharmaceutical raw material doxofylline was approved for listing.

  Beijing News (Reporter Zhang Zhaohui) On November 24th, () announced that doxofylline, the raw material drug, had received the Notice of Approval for the Listing Application of Chemical Raw Materials from National Medical Products Administration.

  Doxofylline is a derivative of methyl xanthine, which is mainly used to treat dyspnea caused by bronchial asthma, asthmatic bronchitis and other bronchospasms. Other domestic manufacturers of doxofylline raw materials mainly include Zhejiang Changming Pharmaceutical Co., Ltd., () Ningbo Tianheng Pharmaceutical Co., Ltd. and Zhejiang () Pharmaceutical Co., Ltd.. () According to the information of Pharmaceutical Industry Association, in 2021, the domestic output of doxofylline is about 61.29 tons.

  In April, 2021, Lu Kang Pharmaceuticals submitted an application for technical review of doxofylline to National Medical Products Administration, and the status of the drug was displayed as "A" on the registration information platform of raw and auxiliary packages in National Medical Products Administration. As of the announcement date, Lu Kang Pharmaceutical has invested about RMB 1,412,400 (unaudited) in the research and development of this drug.

  Lu Kang pharmaceutical raw material doxofylline was approved for listing.

  Beijing News (Reporter Zhang Zhaohui) On November 24th, Lu Kang Pharmaceutical announced that doxofylline, the raw material drug, had received the Notice of Approval for the Listing Application of Chemical Raw Materials from National Medical Products Administration.

  Doxofylline is a derivative of methyl xanthine, which is mainly used to treat dyspnea caused by bronchial asthma, asthmatic bronchitis and other bronchospasms. Other domestic manufacturers of doxofylline raw materials mainly include Zhejiang Changming Pharmaceutical Co., Ltd., Fuan Pharmaceutical Group Ningbo Tianheng Pharmaceutical Co., Ltd. and Zhejiang Anglikang Pharmaceutical Co., Ltd.. According to the information of China Chemical Pharmaceutical Industry Association, in 2021, the domestic output of doxofylline was about 61.29 tons.

  In April, 2021, Lu Kang Pharmaceuticals submitted an application for technical review of doxofylline to National Medical Products Administration, and the status of the drug was displayed as "A" on the registration information platform of raw and auxiliary packages in National Medical Products Administration. As of the announcement date, Lu Kang Pharmaceutical has invested about RMB 1,412,400 (unaudited) in the research and development of this drug.

  Huibo Yuntong plans to acquire the controlling right of Baishuo Tongxing to expand its business in the field of financial IT services.

  () Announcement, the company signed the Agreement on Equity Transfer and Capital Increase of Baishuo Tongxing Technology (Beijing) Co., Ltd. with Baishuo Tongxing and its shareholders, Handing Innovation and Baixing Tongxing, and used its own funds to acquire Baishuo Tongxing’s equity held by Handing Innovation and increase its capital. After the completion of this transaction, the registered capital of Baishuo Tongxing was changed to 20 million yuan, and the company held 65% equity of Baishuo Tongxing, and Baishuo Tongxing became a holding subsidiary of the company.

  Specifically, the company will receive a registered capital of 7,435,200 yuan at a consideration of 43,495,000 yuan. At the same time of equity transfer, it will increase its capital by 32,554,700 yuan to subscribe for a registered capital of 5,564,900 yuan of the target company.

  Baishuo Tongxing, established in 2003, is a professional company specializing in providing IT technical services, application solutions and related software products to domestic financial industry customers, mainly providing financial customers with technical services such as consulting, developing and maintaining IT infrastructure and business systems such as host platform, distributed platform, cloud platform and big data platform, as well as bank batch intelligent transportation control platform, BWS batch task scheduling system, intelligent transmission and file gateway solution, data compliance management platform and unified digital certificate.

  The announcement said that this acquisition is an important measure to adapt to the expansion and upgrading of the company’s business to the field of financial IT services.

  Yunhai Metal: Wutai Yunhai plans to build a deep processing project with an annual output of 100,000 tons of high-performance magnesium-based light alloy and 50,000 tons of magnesium alloy.

  Securities Times E Company News, Yunhai Metal announced on the evening of November 24 that Wutai Yunhai Magnesium Industry Co., Ltd., a subsidiary, plans to invest in a project with an annual output of 100,000 tons of high-performance magnesium-based light alloy and 50,000 tons of magnesium alloy deep processing, with a total investment of 3.238 billion yuan; Chongqing Boao, a subsidiary company, plans to invest in the construction of an innovative R&D center project for medium and large-sized magnesium alloy auto parts and magnesium-aluminum alloys with an annual output of 15 million pieces, with an investment of 646 million yuan in fixed assets; Nanjing Yunhai Precision, a subsidiary, plans to invest in the construction of a magnesium alloy die casting project with an annual output of 30,000 tons, with an investment of 750 million yuan in fixed assets; Tianjin Liuhe Magnesium plans to invest in the construction of a project with an annual output of 2.5 million magnesium alloy die castings, with an annual net profit of 18 million yuan in total investment of the project.

  Wen Zhenyu, shareholder of Shanghai Ailu, intends to reduce his shareholding by no more than 2.69%.

  () Announcement. Recently, the company received the Notice Letter on the Plan to Reduce the Shares of Shanghai Ailu issued by Dong Wenyu, a natural person who holds more than 5% of the shares. Wen Zhenyu, the natural person shareholder, intends to reduce the company’s shares by one or more ways, such as centralized bidding and block trading, to no more than 10.752 million shares, that is, no more than 2.69% of the company’s total share capital.

  Yunhai Metal Co., Ltd. plans to invest in the project of medium and large automobile parts and R&D center with an annual output of 15 million magnesium alloys.

  Yunhai Metal announced that Chongqing Boao, a subsidiary of the company, plans to invest in the construction of an innovative R&D center for medium and large-sized magnesium alloy auto parts and magnesium-aluminum alloy with an annual output of 15 million pieces according to the future development plan and with reference to future market demand and other related factors. The investment in fixed assets of the project is 646 million yuan, and the estimated annual net profit after the project is put into production is 144 million yuan, with a payback period of 5.8 years (excluding the construction period).

  According to the announcement, the company invested in the project of medium-sized and large-sized automobile parts with an annual output of 15 million magnesium alloys, increased the production capacity of medium-sized and large-sized automobile parts on the existing basis, and developed and produced large-scale integrated die-casting parts, optimized the product structure, enhanced the overall competitiveness of enterprises, and improved the efficiency of resource utilization, which was conducive to promoting the optimization of the overall industrial structure of the industry.

  Shanghai Ailu: Shareholders intend to reduce their shares by no more than 2.69%.

  Shanghai Ailu announced on the evening of November 24th that Wen Zhenyu, a shareholder holding 6.56% of the shares, intends to reduce his shareholding by no more than 2.69%.

  Yang Jie and Cai Xiaobao, senior executives of Gangyan Gaona, plan to reduce their holdings by no more than 50,000 shares.

  () Announcement. Recently, the company received the Letter of Notice on Share Reduction Plan issued by Mr. Yang Jie and Mr. Cai Xiaobao, senior managers of the company: Mr. Yang Jie intends to reduce his shares by centralized bidding within 6 months after 15 trading days from the date of announcement of this reduction plan, that is, not more than 30,000 shares, that is, not more than 0.0062% of the company’s total share capital. Mr. Cai Xiaobao intends to reduce the total number of shares by centralized bidding within 6 months after 15 trading days from the date of announcement of this reduction plan, that is, no more than 20,000 shares, that is, no more than 0.0041% of the company’s total share capital.

  Yunhai Metal Company plans to invest 750 million yuan to build a magnesium alloy die casting project with an annual output of 30,000 tons.

  Yunhai Metal announced that according to the relocation of Nanjing Yunhai Light Metal Precision Manufacturing Co., Ltd. (domicile is Honglan Town, Lishui District) and related agreements previously disclosed, this relocation is to build first and then dismantle. In order not to affect the continuity of the company’s production and ensure the interests of the company and shareholders, the company plans to build a magnesium alloy die casting project with an annual output of 30,000 tons in dongping town (new relocation site), Lishui District, according to the company’s future development plan and relevant factors such as future market demand. The investment in fixed assets of the project is 750 million yuan, and the estimated annual net profit after the project is put into production is 100 million yuan, and the payback period is 5.85 years (including the construction period).

  According to the announcement, the company took advantage of the relocation of the factory to transform and upgrade to "intelligent manufacturing", improve production efficiency, promote the realization of the company’s regional development strategy, and form a comprehensive competitive advantage and profitability.

  Yunhai Metal plans to build a project with an annual output of 2.5 million magnesium alloy die castings in Tianjin Liuhe Magnesium.

  Yunhai Metal announced that the company plans to build a magnesium alloy die casting project with an annual output of 2.5 million pieces in Tianjin Liuhe Magnesium according to the future development plan and with reference to future market demand and other related factors. Total investment of the project is 80 million yuan. After the project is put into production, it is estimated that the annual net profit will be 18 million yuan, and the investment payback period will be 4.85 years (excluding the construction period).

  According to the announcement, investing in this project will further expand the production capacity of magnesium alloy deep-processed products, increase the market share of the company’s magnesium alloy deep-processed products in the northern automobile market and electric bicycles, and continuously expand the application of magnesium alloys in the deep-processing field, thus enhancing the company’s competitiveness and profitability.

  Mona Lisa spent 110 million yuan to buy back 6.379 million shares, accounting for 1.54% of the total share capital.

  The highest transaction price is 23.5 yuan/share and the lowest transaction price is 11.87 yuan/share.

  Financial News On November 24th, () issued an announcement on the completion of the implementation of the share repurchase company and the change of shares.

  According to the announcement, as of November 23, 2022, the company’s share repurchase period has expired, and the share repurchase has been completed. The total number of shares repurchased by the company through the repurchase special securities account is 6.379 million, accounting for 1.54% of the company’s current total share capital, of which the highest transaction price is 23.5 yuan/share, the lowest transaction price is 11.87 yuan/share, and the total transaction amount is 110 million yuan (excluding transaction costs)

  All the repurchased shares are deposited in the company’s special repurchase securities account.

  Yunhai Metal: It is planned to invest more than 4.7 billion yuan in several projects.

  Beijing News Shell Financial News On November 24th, Yunhai Metal announced that Wutai Yunhai, a subsidiary, plans to invest 3.24 billion yuan to build a deep processing project with an annual output of 100,000 tons of magnesium-based light alloy and 50,000 tons of magnesium alloy, Chongqing Boao, a subsidiary, plans to invest 650 million yuan to build a project of medium-and large-scale auto parts and magnesium-aluminum alloy innovation R&D center with an annual output of 15 million pieces, Nanjing Yunhai Precision, a subsidiary, plans to invest 750 million yuan to build a project with an annual output of 30,000 tons of magnesium alloy die castings, and Tianjin Liuhe

  Boxiao Technology: Announcement of Continued Suspension of Shares

  Tongbi AI News, Boxiao Technology announced on November 24, 2022 that due to the fact that the company’s application for the termination of listing of shares is still in progress, in order to safeguard the interests of investors and protect the fairness of information disclosure, the company’s shares will continue to be suspended.

  Financial Tips: According to public data, the operating income of Boxiao Technology in 2021 was 17,725,317 yuan, the net profit attributable to the parent company was 731,492 yuan, the return on net assets was 17.83%, and the growth rate of operating income was -56.64%. At present, the sponsoring brokerage firm is changjiang securities, and the trading method is call auction trading, which belongs to the basic level.

  Yu Ke, the supervisor of Titan, and Liang Hang, the shareholder, failed to reduce their holdings at the expiration of the planned reduction period.

  () Announcement was issued. As of November 24, 2022, the time for the reduction plan of Mr. Yu Ke, the supervisor, and Mr. Liang Xingxian, the shareholder, has expired. Recently, the company received the Notice Letter on the Implementation Progress of the Share Reduction Plan issued by Mr. Yu Ke and Mr. Liang Hangxian respectively. From May 25, 2022 to November 24, 2022, Mr. Yu Ke and Mr. Liang Hangxian did not reduce their shares in the company.

  Hongcan Shares: Announcement of Continued Suspension of Shares

  Tongbi AI News, Hongcan shares announced on November 24, 2022 that due to the lack of two market makers, the company’s shares will continue to be suspended.

  Financial Tips of Tongbi: According to public data, the operating income of Hongcan in 2021 was 117,781,450 yuan, the net profit attributable to the parent company was 6,986,467 yuan, the return on equity was 15.9%, and the growth rate of operating income was 43.99%. At present, the sponsoring brokerage firm is changjiang securities, and the trading method is market-making trading, which belongs to the innovation layer.

  * Chai Guosheng, the controlling shareholder of ST Shelley, was liquidated to dispose of 1.06% of the company’s shares.

  () Announcement was issued. On November 24, 2022, the company manager received a letter of notification from Chai Guosheng, the controlling shareholder of the company, and learned that during the period from July 22, 2022 to November 23, 2022, the shares held by Chai Guosheng in the company were closed by the pledgee, accounting for 8,120,200 shares, accounting for 1.06% of the company’s current total share capital.

  Pan Lingshong, secretary of the board of directors of the Soviet Union Communications Department, has completed the implementation of the plan to reduce the cumulative holdings of 3 million shares.

  () Announcement. Today, the company received a Letter of Notice from Mr. Pan Lingshong, Secretary of the Board of Directors, that Mr. Pan Lingshong reduced his holdings of 3 million shares in the company through block trading from November 22, 2022 to November 24, 2022, accounting for 0.24% of the company’s total share capital. This reduction plan has been implemented.

  Focus on the upgrading and expansion of the project to a total of electroacoustic. It is planned to raise funds from the controlling shareholder to no more than 500 million yuan.

  () It was announced that the company intends to issue no more than 51,387,500 shares to Wuxi Weigan, the controlling shareholder, at a price of 9.73 yuan/share, and raise no more than 500 million yuan, which will be used for upgrading and expanding smart car modules, upgrading and expanding MEMS sensors and modules, upgrading high-end speakers and modules, supplementing liquidity and repaying bank loans.

  It is reported that the company has been deeply involved in the field of acoustics for more than 20 years, focusing on the design, packaging and testing of advanced acoustic sensors and other chips, and the manufacturing business of micro electro-acoustic components and electro-acoustic components. In recent years, thanks to the rapid development of many downstream application fields and the strong support of national industrial policies, the company’s industry is welcoming good development opportunities.

  With this increase, the company will mainly focus on the investment and construction of smart car module upgrading and expansion projects, MEMS sensor and module upgrading and expansion projects, high-end speaker and module upgrading projects, etc. It is expected that after all the projects are put into production, the production capacity of the company’s in-vehicle acoustic products, MEMS sensors and high-end micro-speakers will be effectively increased, and the product layout will be optimized and the category of in-vehicle business will be expanded, which will help to achieve scale effect, rapidly increase market share and help the company become a world-class overall solution for electro-acoustic technology.

  In addition, after the fixed increase is completed, the company’s net assets will also increase substantially, the company’s capital strength will be effectively improved, its financial situation will be improved, and its financial structure will be more stable. This issuance will help the company reduce the asset-liability ratio, optimize the financial structure, reduce financial expenses, improve its solvency, and further improve its ability to resist risks. This non-public offering of fundraising projects has good economic benefits. With the implementation of fundraising projects, it is expected that the company’s income scale and profitability will be improved, which can effectively improve the level of return to investors.

  At the same time, Gongda Diansheng said that the company’s controlling shareholder will fully subscribe for the company’s non-public offering of shares, which fully demonstrates the company’s controlling shareholder’s determination to support the company and firm confidence in the company’s future development, and is conducive to ensuring the company’s sustained, stable and healthy development. Part of the funds raised in this non-public offering will be used to supplement the working capital and repay the bank loans, which will enhance the company’s financial strength, optimize the asset-liability structure and reduce financial risks, which will help create good conditions for the company to achieve leap-forward development and meet the vital interests of all shareholders.

  Wanshun New Materials: Sun Company signed a supply agreement with Contemporary Amperex Technology Co., Limited with a minimum supply of 320,000 tons of lithium battery aluminum foil.

  China Securities Network News (Reporter Wu Weihong) () announced on the evening of November 23rd that Anhui Zhongji Battery Foil Technology Co., Ltd., a wholly-owned Sun company, recently signed the Cooperation Framework Agreement with Contemporary Amperex Technology Co., Limited. According to the agreement, from 2023 to 2026, Anhui Zhongji promised to supply lithium aluminum foil to Contemporary Amperex Technology Co., Limited, with a total minimum supply of 320,000 tons.

  The agreement also stated that the supply quantity in the cooperation agreement is only the expected supply quantity, and the specific order quantity and amount depend on many factors such as the demand situation in Contemporary Amperex Technology Co., Limited, the production situation in Anhui Zhongji, the supply of raw materials, the change of production cost and the future cooperation between the two parties, and finally the official order of daily business between the two parties shall prevail. If the market demand increases, Anhui Zhongji promises to give priority to supplying Contemporary Amperex Technology Co., Limited under the same conditions.

  Wanshun New Materials said that the signing of this cooperation agreement marks Contemporary Amperex Technology Co., Limited’s recognition of the quality and production capacity of the company’s lithium battery aluminum foil, and further verifies the company’s competitiveness in the field of aluminum foil for power batteries of new energy vehicles. The establishment of long-term and stable cooperative relations between the two parties is conducive to the formation of supply-demand linkage between the upstream and downstream of the industry, long-term mutual benefit and win-win, sustainable and healthy development of the company and the interests of the company and shareholders.

  According to the data, Anhui Zhongji’s main products include high-end double zero foil, automobile power battery aluminum foil, energy storage battery aluminum foil and 3C aluminum foil. Wanshun New Materials previously disclosed that the current aluminum foil production capacity of Anhui Zhongji battery is about 40,000 tons/year, and the second phase of the 32,000-ton project is planned to be put into production next year. In addition, the company is also preparing to build a power and energy storage battery foil project with an annual output of 100,000 tons.

  Feilong shares: the controlling shareholder and actual controller issue a commitment not to reduce the company’s shares during a specific period.

  (): Feilong Auto Parts Co., Ltd. is applying for the non-public offering of A shares in 2022. According to the requirements of the Notice of Feedback on the Review of Administrative Licensing Projects of China Securities Regulatory Commission issued by China Securities Regulatory Commission, Sun Yaozhong, the controlling shareholder and actual controller of the company, has issued the Commitment on Not Reducing Shares.

  Wanshun New Materials: Sun Company signed a supply agreement with Contemporary Amperex Technology Co., Limited with a minimum supply of 320,000 tons of lithium battery aluminum foil.

  China Securities Network News (Reporter Wu Weihong) Wanshun New Materials announced on the evening of November 23rd that Anhui Zhongji Battery Foil Technology Co., Ltd., a wholly-owned Sun company, recently signed the Cooperation Framework Agreement with Contemporary Amperex Technology Co., Limited. According to the agreement, from 2023 to 2026, Anhui Zhongji promised to supply lithium aluminum foil to Contemporary Amperex Technology Co., Limited, with a total minimum supply of 320,000 tons.

  The agreement also stated that the supply quantity in the cooperation agreement is only the expected supply quantity, and the specific order quantity and amount depend on many factors such as the demand situation in Contemporary Amperex Technology Co., Limited, the production situation in Anhui Zhongji, the supply of raw materials, the change of production cost and the future cooperation between the two parties, and finally the official order of daily business between the two parties shall prevail. If the market demand increases, Anhui Zhongji promises to give priority to supplying Contemporary Amperex Technology Co., Limited under the same conditions.

  Wanshun New Materials said that the signing of this cooperation agreement marks Contemporary Amperex Technology Co., Limited’s recognition of the quality and production capacity of the company’s lithium battery aluminum foil, and further verifies the company’s competitiveness in the field of aluminum foil for power batteries of new energy vehicles. The establishment of long-term and stable cooperative relations between the two parties is conducive to the formation of supply-demand linkage between the upstream and downstream of the industry, long-term mutual benefit and win-win, sustainable and healthy development of the company and the interests of the company and shareholders.

  According to the data, Anhui Zhongji’s main products include high-end double zero foil, automobile power battery aluminum foil, energy storage battery aluminum foil and 3C aluminum foil. Wanshun New Materials previously disclosed that the current aluminum foil production capacity of Anhui Zhongji battery is about 40,000 tons/year, and the second phase of the 32,000-ton project is planned to be put into production next year. In addition, the company is also preparing to build a power and energy storage battery foil project with an annual output of 100,000 tons.

  Jicheng Electronics: Winning the Bid in Business Contract

  () The winning project is: "The 61st batch of procurement bidding and purchasing of State Grid Corporation in 2022".

  Jidong Equipment: Resignation and Election of Employee Representative Supervisors

  Name of Jidong Equipment Executive: Zhang Zhidong

  Changes: appointment

  Change of position: employee representative supervisor

  Reason for change:

  Name of senior manager: Li Yusen

  Changes: Resignation

  Changed position: employee representative supervisor of the seventh board of supervisors

  Reason for change: Retirement at age.

  Nanjing Julong: Progress in the Implementation of the Share Reduction Plan of Some Shareholders

  The announcement on November 23, 2022 shows that:

  (): On August 18, 2022, Nanjing Julong Technology Co., Ltd. disclosed the Pre-disclosure Announcement on the Reduction of Shares by Some Shareholders on Juchao Information Network, an information disclosure media meeting the requirements stipulated by China Securities Regulatory Commission. From August 23, 2022 to February 22, 2023, the company’s shareholder Zhou Yong reduced his holdings by no more than 60,400 shares, Gu Jiafeng reduced his holdings by no more than 59,100 shares, and Liang Xu reduced his holdings by no more than 14,500 shares.

  Jiangfeng Electronics: Non-independent director of the third board of directors of the by-election company.

  The announcement on November 24, 2022 shows that:

  Name of Jiangfeng Electronic Executive: Wu Zuliang

  Changes: appointment

  Change of position: non-independent director of the third board of directors

  Reason for change:

  Name of senior manager: Zhang Huiyang

  Changes: Resignation

  Change of position: director

  Reason for change: personal reasons.

  Tiandi Online: For three consecutive trading days, the deviation value of closing price decline has exceeded 20%.

  The announcement on November 24, 2022 shows that:

  () The stock trading price of Beijing Quantian Tiandi Online Network Information Co., Ltd. has fallen by more than 20% for three consecutive trading days on November 21, 2022, November 22, and November 23, 2022, which is an abnormal fluctuation of stock trading according to the relevant provisions of the Trading Rules of Shenzhen Stock Exchange.

  Tongguang Cable completed the industrial and commercial registration of the equity transfer of the optical fiber company.

  C114 News November 24 th (Nanshan) Jiangsu Tongguang Electronic Cable Co., Ltd. (hereinafter referred to as "the company") announced last night that the company held the 20th meeting of the fifth board of directors on June 28, 2022, and deliberated and passed the Proposal on Selling the Equity of the Company in which it is a wholly-owned subsidiary. In order to optimize the industrial investment structure and resource allocation and fully protect the interests of minority shareholders, The company and its wholly-owned subsidiary, Jiangsu Tongguang Information Co., Ltd. (hereinafter referred to as "Tongguang Information"), have reached an agreement with our Derette (Shanghai) Trading Co., Ltd. (hereinafter referred to as "Derette Shanghai"), and Tongguang Information intends to transfer 25.00083% equity of Jiangsu Sderet Tongguang Optical Fiber Co., Ltd. (hereinafter referred to as "Sderet Tongguang") to our Derette Shanghai.

  At present, Tongguang Information has received the first installment payment of 13.5 million yuan from Derette and Shanghai, the dividend payment of 11.83 million yuan from Sderet Tongguang, and the performance guarantee of 42.17 million yuan issued by Shanghai Pudong Development Zone Sub-branch of Industrial and Commercial Bank of China at the request of Derette and Shanghai. As of the disclosure date of this announcement, Sderot Tongguang has completed the registration of industrial and commercial changes related to equity transfer.

  CITIC Publishing: Change of Directors, Supervisors, Secretary of the Board of Directors and Appointment of Securities Affairs Representatives

  The announcement on November 24, 2022 shows that:

  Name of CITIC Publishing Executive: Zhang Wei

  Changes: appointment

  Change of position: non-independent director of the fifth board of directors

  Reason for change:

  Name of senior manager: Zhu Wenhui

  Changes: Resignation

  Changing positions: director, member of the audit committee of the board of directors.

  Reason for change: job adjustment.

  BBK: Directors Resign

  The announcement on November 24, 2022 shows that:

  Name of Bubugao Senior Executive: Liu Lizhen

  Changes: Resignation

  Change of position: director of the sixth board of directors

  Reason for change: personal reasons.

  (): Received the notice of filing a case from China Securities Regulatory Commission. The object of filing a case is the company, Mr. Jiang Tianwu, Mr. Jing Li, Mr. Li Jianwei and Mr. Li Jun. The reason for filing a case is that information disclosure is illegal.

  The announcement on November 24, 2022 shows that:

  Meng Jie’s share disclosure received the notice of filing by China Securities Regulatory Commission:

  Subject of filing a case: China Securities Regulatory Commission.

  Object of filing: the company and Mr. Jiang Tianwu, Mr. Jing Li, Mr. Li Jianwei and Mr. Li Jun.

  Reason for filing the case: Suspected of illegal information disclosure.

  Investigation progress: during the investigation.

  Aerospace Investment Holdings, the concerted action of the shareholders of Aerospace Rainbow Holdings, has reduced its holdings by 4.985 million shares.

  () It is announced that the concerted action of the company’s controlling shareholder, Aerospace Investment Holdings Co., Ltd., has reduced its holdings by more than half, with a cumulative reduction of 4.985 million shares.

  Zhongrong Electric: A Supplement to the Half-time Progress of Shareholder’s Reduction Plan

  The announcement on November 23, 2022 shows that:

  (): On November 23, 2022, Xi ‘an Zhongrong Electric Co., Ltd. disclosed the "Progress Announcement on the Half Time of Shareholder Reduction Plan" on Juchao Information Network.

  Jida Zhengyuan: Pre-disclosure of Shareholder’s Reduction of Shares

  The announcement on November 24, 2022 shows that:

  (): SDIC Hi-Tech Investment Co., Ltd. will no longer be a shareholder holding more than 5% of the shares of the company from September 19, 2022. The planned first reduction time of this centralized bidding transaction is no more than 90 natural days from the aforementioned time node. SDIC Hi-Tech still needs to follow the reduction disclosure requirements for shareholders holding more than 5% of the shares, and pre-disclose the reduction plan.

  Zhongcheng Co., Ltd.: The daily closing price increase for two consecutive trading days has deviated by 22.66%.

  The announcement on November 24, 2022 shows that:

  () Zhongcheng Import & Export Co., Ltd. accumulated a deviation of 22.66% from the daily closing price increase for two consecutive trading days on November 22 and November 23, 2022. According to the relevant provisions of the Stock Trading Rules of Shenzhen Stock Exchange, it is an abnormal fluctuation of stock trading.

  Jiaheng Jahwa’s shareholder Fujian Huixin and others failed to reduce their holdings at the expiration of the reduction plan period.

  () Announcement. Recently, the company received the Letter of Notice on the Expiration of the Share Reduction Plan from the shareholders of Fujian Huixin Zhicheng Equity Investment Partnership (Limited Partnership) ("Fujian Huixin"), Fujian Huishui Zhicheng Equity Investment Partnership (Limited Partnership ") and Fujian Huihuo Zhicheng Equity Investment Partnership (Limited Partnership"). As of November 23, 2022, the reduction plans of Fujian Huixin, Fujian Huishui and Fujian Huihuo have expired and have not been reduced.

  Infineon: Deputy General Manager and Chief Financial Officer resigned and appointed Deputy General Manager and Chief Financial Officer.

  The announcement on November 24, 2022 shows that:

  Name of Infineon Executive: Letaief

  Changes: Resignation

  Changing positions: Deputy General Manager, Chief Financial Officer

  Shenhuafa A elected Li Zhongqiu as the chairman.

  Shenhuafa A issued an announcement, and the board of directors of the company deliberated and passed the Proposal on Electing the Chairman of the Company, and elected Mr. Li Zhongqiu as the chairman of the 11th board of directors of the company for the same term as the 11th board of directors.

  Song Cheng Performing Arts signed a cooperation agreement on the Song Cheng Three Gorges Project.

  () Announcement was issued. On November 24th, 2022, the company and its wholly-owned grandson Sanya Song Cheng Infinite Technology Development Co., Ltd. ("Song Cheng Infinite Technology", together with Song Cheng Performing Arts "Party C"), Hubei Jiaotou Yichang Investment Development Co., Ltd. ("Hubei Jiaotou Yichang Company" or "Party A") and Yidu Municipal People’s Government ("Party B") signed "Song Cheng Three Gorges".

  According to the announcement, the Song Cheng Three Gorges Project covers an area of about 136 mu, and the project company entrusts Party C to provide a package of services for the project, including brand authorization, program creation, planning conceptual design, interactive experience project design and opening preparation. On the premise that Party A and Party B complete the construction of parks and theaters on schedule, pass the acceptance procedures such as planning and fire fighting, and complete the relevant warrants for opening to the outside world, the opening time of scenic spots and performances is May 1, 2024 (tentative). The total cost of the above package of services is 260 million yuan, which will be paid by the project company to the designated entity of Party C..

  The listed company said that this cooperation will enrich and improve the tourism product system of Yichang and Yidu, improve the tourism function, quality and specifications of the area as a whole, and form a strong market attraction. This cooperation will bring sustainable profit growth space for the company, further consolidate and enhance the company’s industry position and brand awareness, which is in line with the company’s long-term development plan and the interests of all shareholders.

  Asia Pacific Group, the controlling shareholder of Asia Pacific, reduced its shareholding by 1.76% in a block transaction.

  () Announcement: Asia Pacific Electromechanical Group Co., Ltd. (hereinafter referred to as "Asia Pacific Group"), the controlling shareholder of the company, recently reduced its holding of 13,007,390 shares of the company through block transactions, accounting for 1.76% of the company’s total share capital.

  Goethe Yingxiang plans to invest in Kairuide.

  Beijing business today News (Reporter Zhao Wei Wang Ao) On November 24th, the reporter from beijing business today learned that () Holding Co., Ltd. (hereinafter referred to as "Kairuide") issued a suggestive announcement on the judicial transfer and equity change of the retained shares in the reorganization plan. According to the announcement, Kairuide intends to transfer 51.5 million shares retained in the reorganization plan to Ningbo Goethe Yingxiang Trading Co., Ltd. at a price of 298 million yuan. After this transfer, Goethe Yingxiang intends to become the second largest shareholder.

  Baolingbao’s application for non-public offering of shares was approved by China Securities Regulatory Commission.

  () Announcement. On November 24th, 2022, the company received the Reply on Approving the Non-public Offering of Shares of Baolingbao () Co., Ltd. issued by China Securities Regulatory Commission, and approved that the company would issue no more than 75 million new shares in a non-public offering. If the total share capital changes due to capitalization, the number of this issue can be adjusted accordingly. The reply is valid for 12 months from the date of approval of issuance.

  Huibo Yuntong: The proposed transfer and capital increase to acquire 65% equity of Baishuo Tongxing will help the company to further explore the financial industry market.

  China Fortune Connect November 24th-Huibo Yuntong announced that the company has signed an investment intention agreement with Baishuo Tongxing Technology (Beijing) Co., Ltd. and its shareholders Beijing Handing Innovation Asset Management Co., Ltd. and Beijing Baixing Tongchuang Technology Center (limited partnership), and the company intends to acquire Baishuo Tongxing’s equity held by Handing Innovation and increase its capital with its own funds of not less than 71.5 million yuan and not more than 78 million yuan. After the completion of this transaction, the registered capital of Baishuo Tongxing was changed to 20 million yuan, and the company held 65% equity of Baishuo Tongxing, which was included in the consolidated statements of the company and became a holding subsidiary of the company.

  Baolingbao: The application for non-public offering of shares was approved by CSRC.

  On the evening of November 24th, Baolingbao announced that the company had received the approval from the China Securities Regulatory Commission, approving the company to issue no more than 75 million new shares in a non-public manner.

  Wu Liping, the supervisor of Deyi Wenchuang, reduced the holding of 987,000 shares by more than half.

  () Announcement. On November 23, 2022, the company received the Notice Letter on the Implementation Progress of the Share Reduction Plan issued by Ms. Wu Liping, the supervisor of the company. By November 23, 2022, Ms. Wu Liping’s share reduction plan had been implemented more than half. From November 16 to November 23, 2022, Ms. Wu Liping reduced her holdings of 987,000 shares of the company’s unrestricted shares by centralized bidding, accounting for 0.3159% of the company’s total share capital and 0.3174% of the company’s total share capital excluding the shares in the company’s repurchase special securities account.

  Xing Hanxue, the shareholder of Kaier New Materials, and his concerted action, Liu Yongzhen, did not reduce the company’s shares, and the reduction period expired.

  () Announcement: On April 27th, 2022, the company disclosed the Announcement on Pre-disclosure of Shareholder Reduction Plan (AnnouncementNo.: 2022-012). As of the disclosure date of this announcement, Mr. Xing Hanxue, his concerted actions and Ms. Liu Yongzhen, the shareholder, did not actually reduce the shares of the company during this reduction plan. As of the disclosure date of this announcement, the implementation period of this reduction plan of shareholders Mr. Xing Hanxue, Ms. Wu Jianming, Mr. Xing Hanke and Ms. Liu Yongzhen has expired.

  Huicheng Environmental Protection’s application for issuing shares to specific targets was approved by the China Securities Regulatory Commission for registration.

  () Announcement: Recently, the company received the "Reply on Agreeing to the Registration of Qingdao Huicheng Environmental Protection Technology Group Co., Ltd. to Issue Shares to Specific Objects" issued by China Securities Regulatory Commission ("China Securities Regulatory Commission"): agreeing to your company’s application for registration of issuing shares to specific objects.

  CITIC Haizhi cancels the lease of its subsidiary Haizhi.

  () Announce that in order to fulfill the company’s commitment to the future business arrangement of CITIC Haizhi Financial Leasing Co., Ltd. (hereinafter referred to as "Haizhi Leasing"), a subsidiary of the company that operates financial leasing business, the company agrees to dissolve, liquidate and cancel Haizhi Leasing in combination with the actual operation of the company.

  Huali technology stocks Dongyang You Technology and Zhiyuan Investment did not reduce their holdings for more than half of the reduction period.

  () Announcement, the shareholders of the company, Yangyou Technology and Zhiyuan Investment, have been planning to reduce their holdings for more than half of the time, and Yangyou Technology and Zhiyuan Investment have not reduced their holdings in any way.

  (): On November 23rd, it was investigated by institutions, including well-known institutions Jinglin Assets, Panjing Investment and Magic Square Quantification.

  November 24, 2022, Liantong Technology announced that the company accepted institutional research on November 23, 2022. China Merchants Securities, Yuxiu Assets, Ningquan Assets, Taiyun Private Equity Fund, Qinmu Capital, Puyin AXA Fund, Penghua Fund, Panjing Investment, Nuoan Fund, Magic Quadrant Quantization, Liyong Fund, Zhuhai Mingyue, Jingtai Capital, Jinglin Assets, Bauer Company of Canada, Huaan Financial Insurance, Red Soil Innovation Fund and Rongguang Private Equity Fund. Yuanfeng Private Equity Fund, TRowe price, Marco Polo Pure Asset Management Ltd, Yuanlesheng, Yongying Fund, Industrial Fund, Taixin Fund, Pengwan Investment and Shangtou Morgan participated.

  The details are as follows:

  Q: What are the technical differences between the company’s automobile connectors and overseas connector manufacturers?

  A: From the perspective of product standards, ordinary Fakra products are dominated by overseas connector manufacturers due to their long development time and high product maturity. Mini-Fakra group has high design difficulty and technological requirements, and there are few mass-produced manufacturers in the market. The standard of Mini-Fakra group is also dominated by overseas connector manufacturers. At present, the design standards of Ethernet connectors are not unified. Overseas connector manufacturers tend to set standards overseas for Ethernet connectors, and China is also independently promoting the formation of national standards for Ethernet connectors, and the corresponding standards will gradually mature in the future. OEMs try more choices in DS, lidar and third-party solutions. As the main participant of domestic Ethernet connector standards, the establishment of such standards will become the mainstream of the domestic market in the next 2-3 years, and the company’s position in the Ethernet connector market will be gradually stabilized.

  Q: What is the expansion of the company’s automobile connectors to overseas automobile enterprises?

  A: Overseas car companies have higher requirements on production line design and automation scale, and will continue to expand overseas car companies with higher requirements and larger scale after the company’s scale advantages and maturity in automobile products are highlighted. At present, automobile connector products are mainly domestic big customers. After the production capacity and technology become mature, it will be more beneficial to introduce more complicated and demanding customers.

  Q: Will the company reduce the cost of automobile connectors by acquiring automotive wiring harness Bid?

  A: At present, the company’s automobile high-frequency and high-speed wiring harness connector products account for a relatively large part of the cost. Due to the high barriers in automotive wiring harness, overseas wiring harness manufacturers dominate the high-end automotive wiring harness market share, and the company’s automobile connector products are mainly imported. In addition, customers from different car manufacturers have different requirements for wire harness products, so the company has no plans to acquire the automotive wiring harness bid at present.

  Q: What is the expected gross profit margin and subsequent gross profit margin of the company’s automobile connectors at present?

  A: The gross profit level mainly depends on the market competition pattern. At present, the company’s high-frequency and high-speed automobile connectors have a wide range of customers in independent brand OEMs, and have become a first-class supplier of some core OEMs, with a stable market position. With the increasing penetration rate of electric vehicles, the domestic head engine factory vigorously promotes the upgrade of intelligent cockpit and intelligent driving, and DS is also developing from L2 to L3 or even higher, and the evolution process continues, which drives the acceleration of automobile intelligence. Intelligent acceleration makes the demand for products with complex design and processing technology increase greatly, which is a good development opportunity for high-frequency and high-speed connector manufacturers and will bring about an increase in the value and quantity of connectors in the car. In addition, with the full market demand, the current supply pattern of high-frequency and high-speed automobile connectors market is still tight. On the whole, the market share of the automobile market tends to concentrate on the head car factory, and the competition of electric vehicles tends to be fierce, so the customer structure in the future is particularly important, especially for the core OEM and OEM customers.

  Q: What is the revenue prospect of lidar products in the future?

  A: Previously, only high-end electric vehicles in China adopted the lidar scheme. With the intelligent trend of the automobile industry increasing, the installation of lidar may spread to middle and low-priced models. The probability of standardization of lidar is high, and the value of lidar connectors is high, which will drive the company to increase the bicycle value of such products on electric vehicles, and there is the possibility of more revenue increment.

  The company’s contacts and cooperation with mainstream lidar manufacturers and third-party solution providers are gradually deepening, with a view to more collaboration in the formulation of standards and ensuring the company’s market position as a core supplier in the lidar connection scheme with Ethernet as the core.

  Q: What is the layout of the company’s high-voltage connectors?

  A: The high-voltage connector market is developing rapidly. Overseas connector manufacturers dominate the market share of products with high gross profit level, and domestic manufacturers tend to have more intense competition in the low-end products market with gross profit. The company will make an overall plan for high-voltage connectors, mainly in the hope that they will be a supplement to high-frequency and high-speed connectors and increase the categories supplied to the main engine factory, thus enhancing the supply position among customers. Doing a good job of high-voltage connectors requires a lot of experience in mass production. The company will choose market products with good high-voltage segmentation and accumulate previous experience in design and technology. The company’s future investment and capacity planning will still focus on high-frequency and high-speed connectors.

  Q: The overseas acquisitions of other listed companies are affected. Will the FTDI to be acquired by the company also face this kind and the progress of this project?

  A: The acquisition of FTDI requires the consent, approval, authorization, registration or filing of a third party or government agencies at home and abroad in China, and it is uncertain whether the above authorization, approval or filing can be obtained. The audit, evaluation and due diligence of the target company of this transaction are still in the process of promotion. The company will perform relevant approval procedures and disclose information in a timely manner according to the progress of restructuring and in accordance with relevant laws and regulations.

  Main business of electrical connection technology: specializing in technical research, design, manufacturing and sales services of micro electrical connectors and interconnection system related products and PCB soft board products.

  The third quarterly report of 2022 shows that the company’s main income is 2.214 billion yuan, down 8.94% year-on-year; The net profit of returning to the mother was 413 million yuan, up 45.74% year-on-year; Deducting non-net profit was 265 million yuan, up 0.85% year-on-year; In the third quarter of 2022, the company’s main revenue in a single quarter was 710 million yuan, down 16.46% year-on-year; The net profit returned to the mother in a single quarter was 218 million yuan, up 128.41% year-on-year; The non-net profit deducted in a single quarter was 85.9333 million yuan, down 5.8% year-on-year; The debt ratio is 26.47%, the investment income is 57.4543 million yuan, the financial expenses are-18.6593 million yuan, and the gross profit margin is 32.79%.

  In the last 90 days, the stock has been rated by 7 institutions and 7 buy ratings; The average institutional target price in the past 90 days was 47.5.

  The following is the detailed profit forecast information:

  The data of margin financing and securities lending show that the stock has a net financing outflow of 146 million in the past three months, and the financing balance has decreased; The net outflow of securities lending was 12.4723 million, and the balance of securities lending decreased. According to the financial report data in the past five years, the Securities Star valuation analysis tool shows that the moat of competitiveness in the power connection technology industry is good, the profitability is good, and the revenue growth is poor. There may be hidden troubles in finance, and the financial indicators that should be focused on include: accounts receivable/profit rate and the increase of accounts receivable/profit rate in the past three years. The stock has a good company index of 3 stars, a good price index of 2.5 stars and a comprehensive index of 2.5 stars. (The index is for reference only, and the index range is 0~5 stars, with a maximum of 5 stars)

  The above contents are compiled by Securities Star according to public information, and have nothing to do with the position of this website. Securities Star strives for but does not guarantee the accuracy, completeness, effectiveness and timeliness of all or part of this information (including but not limited to text, video, audio, data and charts). Please contact us if you have any questions. This article is for data collation, and does not constitute any investment advice for you. Investment is risky, so please make a careful decision.

  Shengxunda: It is planned to acquire 80% equity of Yurui Technology and enter the lithium mine industry in the upstream of new energy.

  Securities Times E Company News, () On the evening of November 24th, it was announced that the company planned to acquire 80% equity of Yurui Technology in cash at a transaction price of 8 million yuan, and increased its capital by 147 million yuan. Yurui Technology holds 60% equity of Guangyu Mining, and Guangyu Mining holds 100% equity of Caijia Lithium Mine and Nanyangshan Lithium Mine in Guanpo Town, Lushi County, Henan Province. At present, the Mining License held by Caijia Lithium Mine and Nanyangshan Lithium Mine has expired, and the mining right renewal registration procedures are being processed. After the completion of this transaction, Yurui Technology becomes a holding subsidiary of the company, which indirectly holds 48% interests in Caijia Lithium Mine and Nanyangshan Lithium Mine, and the company will enter the lithium mine industry in the upstream of new energy.

  Shengxunda: The proposed acquisition of 80% equity of Yurui Technology will indirectly hold 48% equity of Caijia Lithium Mine and Nanyangshan Lithium Mine.

  On November 24th, the financial sector announced that it planned to acquire 80% equity of Yurui Technology in cash at a transaction price of 8 million yuan, and increased its capital to Lushi Yurui Technology Co., Ltd. by 147.2 million yuan. Lushi Yurui Technology Co., Ltd. holds 60% equity of Guangyu Mining, and Guangyu Mining holds 100% equity of Caijia Lithium Mine and Nanyangshan Lithium Mine in Guanpo Town, Lushi County, Henan Province. At present, the Mining License held by Caijia Lithium Mine and Nanyangshan Lithium Mine has expired, and the mining right renewal registration procedures are being processed. After the completion of this transaction, Lushi Yurui Technology Co., Ltd. became a holding subsidiary of the company, and the company indirectly held 48% interests in Caijia Lithium Mine and Nanyangshan Lithium Mine. Caijia lithium mine holds 2,740,900 tons of ore reserves and 19,766.9 tons of lithium oxide resources; Nanyang Mountain lithium mine holds 291,200 tons of ore reserves and 32,800.26 tons of lithium oxide resources.

  Gan Consulting appointed Zhang Peifeng as general manager.

  () Announced that Mr. Zhang Peifeng was appointed as the general manager of the company by the board of directors upon the nomination of Mr. Ma Ming, the chairman of the company, and with the approval of the nomination committee of the board of directors, and the term of office was the same as that of the seventh board of directors.

  Konka Group, the major shareholder of Chutianlong, has reduced its shareholding by 3.76% at the expiration of the reduction period.

  () Announcement: Konka Group Co., Ltd., a shareholder holding more than 5% of the company’s shares, reduced its shareholding by 17,332,720 shares through centralized bidding and block trading from June 15, 2022 to November 22, 2022, accounting for 3.76% of the company’s total share capital.

  Konka Group, the major shareholder of Chutianlong, has reduced its shareholding by 3.76% at the expiration of the reduction period.

  Chu Tianlong announced that Konka Group Co., Ltd., a shareholder holding more than 5% of the company’s shares, reduced its shareholding by 17,332,720 shares through centralized bidding and block trading from June 15, 2022 to November 22, 2022, accounting for 3.76% of the company’s total share capital.

  * Shi Zhuangping, vice president of ST Hejia, intends to reduce his holdings by no more than 767,400 shares.

  () Announced, the notice of Mr. Shi Zhuangping, the vice president of the company, plans to reduce the company’s shares by centralized bidding within 6 months after 15 trading days from the date of announcement (not exceeding 0.0972% of the company’s total share capital).

  Gan Consulting was reduced by the major shareholder Juli Fund by 1%.

  Gan Consulting announced that on November 24, 2022, the company received the Notice Letter on the Progress of Shareholding Reduction from Jiaxing Juli No.2 Equity Investment Partnership (Limited Partnership) ("Juli Fund"), a shareholder holding more than 5% of the company’s shares. On November 18, 2022 and November 22, 2022, Juli Fund reduced its shareholding by 3,801,900 shares, accounting for the total of the company.

  Baolingbao’s application for non-public offering of shares was approved by CSRC.

  Baolingbao announced that the company received a reply from China Securities Regulatory Commission on November 24th, 2022, approving the company to issue no more than 75 million new shares in a non-public manner. If the total share capital is changed due to capitalization, the number of this issue can be adjusted accordingly.

  Shengxunda plans to acquire 80% equity of Yurui Technology to lay out the lithium mine industry in the upstream of new energy.

  Shengxunda announced that the company intends to acquire 80% equity of Lushi Yurui Technology Co., Ltd. (hereinafter referred to as "Yurui Technology") in cash at a transaction price of 8 million yuan, and increase capital by 147 million yuan to Lushi Yurui Technology Co., Ltd. Lushi Yurui Technology Co., Ltd. holds 60% equity of Henan Guangyu Mining Co., Ltd. (hereinafter referred to as "Guangyu Mining"), and Guangyu Mining holds 100% equity of Caijia Lithium Mine and Nanyangshan Lithium Mine in Guanpo Town, Lushi County, Henan Province. At present, the Mining License held by Caijia Lithium Mine and Nanyangshan Lithium Mine has expired, and the mining right renewal registration procedures are being processed. After the completion of the transaction, Lushi Yurui Technology Co., Ltd. became a holding subsidiary of the company, and the company indirectly held 48% interests in Caijia Lithium Mine and Nanyangshan Lithium Mine.

  According to the announcement, Caijia lithium mine holds 2,740,900 tons of ore reserves and 19,766.9 tons of lithium oxide resources; Nanyang Mountain lithium mine holds 291,200 tons of ore reserves and 32,800.26 tons of lithium oxide resources. After the transaction is completed, the company will enter the lithium mine industry in the upstream of new energy.

  Wansheng Intelligent won the bid for 278 million yuan State Grid procurement project.

  () Announcement. Recently, the company received the Notice of Winning Bid from State Grid Corporation and State Grid Materials Co., Ltd., and determined that the company was the winner of the sixty-first batch of procurement (the second electric energy meter (including electricity consumption information collection) for marketing projects) of State Grid Corporation in 2022, with a total winning bid of 278 million yuan, accounting for 50.80% of the company’s audited operating income in 2021. After the formal contract is signed and successfully implemented, the winning project is expected to have a positive impact on the company’s future operating performance, and will not affect the company’s operating independence.

  Central Sea Land: Guofa Zhifu and its related party Guofa Rongfu have reduced their holdings by 2%.

  () Announcement was issued. As of November 24, 2022, Guofa Zhifu and its related party Guofa Rongfu have reduced their holdings by more than half in this reduction plan. The above shareholders have reduced their holdings by 1,999,700 shares in total, with a reduction ratio of 1.9997%.

  Zhongdaan won the bid for the centralized procurement project of supervision service of China Mobile Communication Engineering with 370 million yuan.

  () Announcement, () Communication Group Co., Ltd. (hereinafter referred to as "China Mobile") procurement and bidding network and communication engineering construction project bidding management information platform released "China Mobile’s centralized procurement project of communication engineering professional supervision service from 2022 to 2024-publicity of successful candidates", in which 11 tenders identified the company as one of the successful candidates.

  It is reported that in this public announcement of the winning bidders for centralized procurement of supervision services for communication engineering from 2022 to 2024 issued by China Mobile, the company has become the winning bidders in 11 sections, with a total winning bid amount of 370 million yuan.

  Shengxunda plans to acquire 80% equity of Yurui Technology and increase capital to lay out lithium mine resources.

  Shengxunda announced that the company intends to acquire 80% equity of Lushi Yurui Technology Co., Ltd. (hereinafter referred to as "Yurui Technology") in cash at a transaction price of 8 million yuan, and increase its capital by 147.2 million yuan. Yurui Technology holds 60% equity of Guangyu Mining, and Guangyu Mining holds 100% equity of Caijia Lithium Mine and Nanyangshan Lithium Mine in Guanpo Town, Lushi County, Henan Province. At present, the Mining License held by Caijia Lithium Mine and Nanyangshan Lithium Mine has expired, and the mining right renewal registration procedures are being processed. After the completion of this transaction, Yurui Technology became a holding subsidiary of the company, and the company indirectly held 48% interests in Caijia Lithium Mine and Nanyangshan Lithium Mine. The company said that after the completion of this transaction, the company will indirectly hold 60% equity of Guangyu Mining and enjoy the rights and interests of Caijia Lithium Mine and Nanyangshan Lithium Mine, thus cutting into the upstream core areas of the new energy industry through the layout of lithium mine resources. Caijia lithium mine and Nanyangshan lithium mine not only have proven reserves, but also have certain reserve exploration potential, which has good development value and prospects in the future.

  Long Yuan Technology: Many institutions such as Rongtong Fund and Dacheng Fund investigated our company on November 23rd.

  On November 24th, 2022 (), it was announced that Rongtong Fund, Dacheng Fund and soochow securities investigated our company on November 23rd, 2022.

  The details are as follows:

  Q: After the Thirteenth Five-Year Plan, the company’s business declined. What changes have taken place in the company’s technology and business in recent years?

  A: After the Thirteenth Five-Year Plan, the development of thermal power declined, the dividends of relevant energy-saving and environmental protection policies subsided, and the company’s business entered a stable period. In recent years, the company seeks diversified development while consolidating its business in the combustion field. At the level of technology research and development, a low-carbon laboratory for boiler heat transfer and simulation of National Energy Group was built, which collected and analyzed the data of thousands of renovation projects in the early stage, and continuously improved the simulation ability, design ability and market demand response ability, becoming the only boiler heat transfer data center in the energy group. In 2022, the laboratory won the second prize and the excellent organization award of the team in the sixth national finals of the "Innovative Design Competition for Engineering Simulation of Belt and Road and BRICS Competition". The company invested in the construction of a brand-new 40MW test bench, which is currently the largest experimental platform for clean combustion of pulverized coal in China, and has served a series of cutting-edge technical research on the national key research and development plan project "Ultra-low NOx pulverized coal combustion technology", plasma hazardous waste treatment technology, clean combustion of industrial pulverized coal boilers and ammonia mixing technology of coal-fired boilers. The company actively expanded its international business, built the first oil-free power station in Turkey, and exported its plasma business to Zimbabwe. In terms of helping the double-carbon target, the company actively participates in the utilization of clean energy, increases the comprehensive utilization and development of geothermal energy, and explores the whole industrial chain of biomass energy. In the future, it will gradually transition from an energy-saving and environmental protection supplier in the combustion field to a one-stop service provider in the comprehensive energy field. The company will reform the system and mechanism, stimulate vitality, and unswervingly move toward the goal.

  Q: What is the development trend of the company’s plasma ignition business?

  A: At present, the plasma ignition business mainly focuses on the technical transformation of existing units and the sales of spare parts. In recent years, it has been in a stable trend, with a revenue of about 200 million yuan.

  Q: Does the company feel the enthusiasm for flexible transformation of thermal power plants?

  A: Judging from the company’s tracking of customers, there is a growing trend. It will still take some time from the upgrading plan of national ministries and commissions to the landing of market projects, and the customer transformation plan is still uncertain. The company will strengthen communication with customers.

  Q: If the power plant carries out a plasma ignition project, what is the scope of the contract amount?

  A: According to the customer’s demand, the scope of project transformation and supply, the contract amount of a single unit ranges from one million to ten million.

  Q: How long is the replacement cycle of spare parts for plasma system?

  A: Without considering the technical upgrade, the service life of the equipment is about 5 years.

  Q: What is the technical threshold of plasma ignition?

  A: The company owns the core patent of this technology and has engineering experience of thousands of units. After years of painstaking research, the scope of application and intelligence have been continuously improved, and it has been upgraded to the fourth generation ignition technology.

  Q: What is the gross profit margin of plasma ignition business?

  A: In recent years, it has been around 20%.

  Q: What is the gross profit margin of comprehensive energy-saving business?

  A: About 15-20%.

  Q: Will the gross profit margin of the company’s fuel-saving business increase?

  A: The cost of this business involves steel, copper, nickel, etc. In the early stage, the rising price of upstream raw materials put pressure on the company’s cost, and the price of raw materials is still high at present. This business is in a fully competitive market environment, such as the increase of new units and business in the future, which may attract new competitors to enter. Therefore, the gross profit margin of this business may remain at the current level.

  Q: Is there any limit to the expansion of the company’s plasma ignition business?

  A: The core of the company’s business is design, research and development, and engineering contracting. Except the key components are processed and produced by themselves, the production capacity of other components can be increased by outsourcing. The company has built a low-carbon laboratory for boiler heat transfer and simulation of National Energy Group, which can greatly shorten the design cycle to meet the market demand.

  Q: What sub-products does the company’s comprehensive energy-saving transformation business include?

  Answer: It includes economizer, waste heat utilization, coal adaptability transformation, bypass flue, boiler comprehensive transformation and other businesses.

  Q: How does the company view the flexible transformation market of thermal power?

  A: At present, according to the "National Implementation Plan for the Transformation and Upgrading of Coal-fired Power Units", 200 million kilowatts of flexible transformation of existing coal-fired power units was completed during the "14th Five-Year Plan" period, and the system adjustment capacity was increased by 30 to 40 million kilowatts. The scope of flexibility transformation of coal-fired units is very wide, involving boiler side, turbine side, power generation side and auxiliary machine side. The boiler side company has relevant technical reserves, and the company has implemented projects such as low-load stable combustion, coal type transformation, wide-load denitrification, and intelligent auxiliary transformation.

  Q: What is the reason for the great fluctuation of the company’s economizer business in recent years?

  A: This business contains smoke plume control projects. After local transformation in Beijing-Tianjin-Hebei region, there is no market order, so it drops rapidly.

  Q: Will the coal adaptive transformation project be implemented in batches?

  A: This kind of project is not implemented in batches. This kind of transformation is influenced by many factors, such as the profitability of the power plant, the overall arrangement of the power group, the stable supply of coal after replacement and the economy of transformation. The company will make use of technological advantages to promote this kind of business, but this kind of business fluctuates greatly and is not predictable.

  Q: What are the main environmental effects of the company’s low-nitrogen business?

  A: The company’s low-nitrogen combustion business is to control the combustion conditions through relevant technologies and equipment, and reduce the amount of nitrogen oxides generated in the combustion products (flue gas) without affecting the combustion efficiency of the unit. At present, the income of this business is about one billion yuan.

  Q: When did the company implement the transformation?

  A: During the power plant shutdown.

  Q: Does the company confirm that the income fluctuates seasonally?

  A: According to the revenue recognition in recent years, it is more in the second half of the year, especially in the fourth quarter.

  Q: How is the company’s clean heating business going?

  Answer: The clean heating business is to provide heating services for local residential buildings in areas rich in geothermal resources by using the technology of medium-deep geothermal energy and cascade utilization. At present, a joint venture company has been established, and geothermal projects such as Dongming County of Heze City, Boxing County of Binzhou City and Hekou District of Dongying City have been implemented, and rich engineering experience has been accumulated.

  Q: What are the benefits of the company’s involvement in the clean heating business?

  A: The heating fee can be charged annually for this project, which can bring the company a relatively stable cash flow.

  Q: What is the development of the company’s industrial tail gas treatment business?

  A: In recent years, with the help of policies, the non-electric flue gas treatment market has developed rapidly, and the market space for air treatment in major non-electric industries including steel, cement and non-ferrous metals has gradually opened up. Based on the existing mature and complete mechanisms of desulfurization and dust removal, SNCRSCR denitrification and flue gas waste heat utilization, and combined with the characteristics of flue gas generated in non-electric fields, the company has developed an energy-saving and environmentally-friendly comprehensive flue gas treatment technology suitable for non-electric industries such as steel, building materials, non-ferrous metals and gas boilers, which can realize the integrated flue gas collaborative treatment of flue gas desulfurization, denitrification and dust removal. In the past two years, this business has grown rapidly. At present, the company has obtained the qualification of chemical engineering specialty (Grade B) in engineering design, chemical industry, petrochemical industry and pharmaceutical industry, laying the foundation for undertaking projects. Interests.

  Long Yuan Technology’s main business: fuel-saving business and comprehensive energy-saving transformation business, low-nitrogen combustion and industrial tail gas treatment, software and information technology business, clean heating, mixed ammonia combustion and other new energy fields business.

  The third quarterly report of Long Yuan Technology 2022 shows that the company’s main income is 338 million yuan, up 59.41% year-on-year; The net profit of returning to the mother was 71.4335 million yuan, up 402.26% year-on-year; Deducting non-net profit-757,900 yuan, up 97.23% year-on-year; In the third quarter of 2022, the company’s main revenue in a single quarter was 110 million yuan, up 54.95% year-on-year; The net profit returned to the mother in a single quarter was 550,600 yuan, up 105.73% year-on-year; Non-net profit deducted in a single quarter was-1.416 million yuan, up 86.36% year-on-year; The debt ratio is 21.58%, the investment income is 233,300 yuan, the financial expenses are-23.195 million yuan, and the gross profit margin is 20.78%.

  In the last 90 days, a total of one institution gave a rating and one bought rating; The average institutional target price in the past 90 days is 12.0. According to the financial report data in recent five years, the Securities Star valuation analysis tool shows that the moat of competitiveness in Long Yuan’s technology industry is general, with poor profitability and good revenue growth. There may be hidden troubles in finance, and the financial indicators that should be focused on include: accounts receivable/profit rate, operating cash flow/profit rate. The stock has a good company index of 2 stars, a good price index of 1.5 stars and a comprehensive index of 1.5 stars. (The index is for reference only, and the index range is 0~5 stars, with a maximum of 5 stars)

  The above contents are compiled by Securities Star according to public information, and have nothing to do with the position of this website. Securities Star strives for but does not guarantee the accuracy, completeness, effectiveness and timeliness of all or part of this information (including but not limited to text, video, audio, data and charts). Please contact us if you have any questions. This article is for data collation, and does not constitute any investment advice for you. Investment is risky, so please make a careful decision.

  Kanghong Pharmaceutical’s self-developed new drug for gene therapy of macular degeneration was approved for clinical trials in the United States.

  On the evening of November 23rd, () announced that Chengdu Hongji Biotechnology Co., Ltd., a subsidiary company, received the permission of the US Food and Drug Administration (FDA) to conduct phase I clinical trials in the United States on November 22nd, 2022.

  Previously, on November 15th, 2022, the above-mentioned new drugs were approved by China Drug Administration (NMPA) for clinical trials, and they agreed to carry out clinical trials.

  It is reported that KH631 eye injection developed by Kanghong Pharmaceutical Co., Ltd. is a new class of therapeutic biological products with independent intellectual property rights, which delivers the target gene to treat neovascular (wet) age-related macular degeneration (nAMD) through adeno-associated virus (AAV).

  In particular, KH631 ophthalmic injection is based on AAV delivery system with independent intellectual property rights, which has characteristics in tissue specificity, immunogenicity, expression controllability and infection efficiency, and has shown sustained curative effect in preclinical disease models.

  Kanghong Pharmaceutical said that with the successful commercialization of global gene therapy, the company has entered the gene therapy track by giving full play to its professional advantages in the field of ophthalmology, which has great prospects in the future.

  Dahongli invested 80 million yuan and invested in business investment.

  Investment circle-decoding LP news, on November 24th, () it was announced that Chengdu Dahong Lixin Material Co., Ltd., a wholly-owned subsidiary of the company, planned to jointly invest with Sichuan Shangtou Dahongli Equity Investment Fund Management Co., Ltd. (hereinafter referred to as "Shangtouben") to establish Sichuan Shangtou Dahongli Equity Investment Fund Partnership (tentative name, subject to the industrial and commercial registration approval information). Among them, the subsidiary, as a limited partner, plans to subscribe for 80 million yuan.

  The scale of the fund is 200 million yuan, and Shang Investment is the general partner. The fund mainly invests in equity investment projects that are in line with the company’s development strategy and industrial planning, including emerging industries such as military industry, intelligent manufacturing, new energy application and industries related to the company’s main business.

  Official website shows that Dahongli is a sand and gravel equipment manufacturing and manufacturing service company, providing customers with sand and gravel equipment manufacturing, environmental protection intelligent crushing plant construction and green material science park investment and construction business. The company’s product sales service network covers all provinces and cities in China and many countries and regions along the "Belt and Road".

  Shang Investment is a member of Sichuan Commercial Investment Group, which is the first newly established state-owned capital investment company in Sichuan and the only investment platform of modern commercial circulation service industry in the province. The main business focuses on people’s livelihood services, covering six business segments, such as assured food, medical health, modern logistics, modern industry and trade, urban and rural supporting construction, and industrial services, focusing on new economy, new services, new business models, and Sichuan characteristic resources.

  British Tang Zhi controlled LP and invested in Kunzhong Capital.

  Investment community-decoding LP news, on November 17th, () announced that the company intends to jointly establish Shenzhen Kunzhong Kunsheng Angel Investment Partnership (tentative name, final name subject to the name approved by the Administration for Industry and Commerce) with Shenzhen Kunzhong Yuanzhong Investment Consulting Co., Ltd., Shenzhen Angel Investment Guidance Fund Co., Ltd. and Tibet Century Tengyun Business Management Co., Ltd.. Among them, the company, as a limited partner, contributed 30 million yuan with its own funds.

  The overall scale of the fund exceeds 100 million yuan, and Kun Zhongyuan is the general partner and executive partner.

  The fund mainly invests in strategic emerging industries, future industries supported and encouraged by Shenzhen and other key industries developed by the municipal government, especially cutting-edge technology research and technology application, key core technologies, cutting-edge leading technologies and disruptive technology enterprises; Focus on investing in a new generation of electronic information, high-end manufacturing equipment, and green and low-carbon fields.

  According to official website, Anglo-Tang Zhi Holdings was established in 2001, and it is a supplier of integrated solutions for semiconductor components, mainly engaged in electronic component distribution, chip research and development, design and manufacturing, and has set up 22 branches or subsidiaries in four countries or regions around the world.

  Kunzhong Capital focuses on investing in early and growing enterprises with technological innovation, focusing on new energy vehicles and travel industry chain; Intelligent equipment and systems, semiconductors, sensors and other new generation of intelligent technologies and medical technology. Kunzhong Capital currently manages two RMB funds, two US dollar funds and several special funds. Accumulated investment in nearly 100 enterprises, well-known cases include Xpeng Motors, Wen Yuan Zhixing, Sagitar Juchuang, etc.

  Xinyu Quanshengtong, a shareholder holding 1.79% of Jinyun Laser, intends to clear its position and reduce its holdings.

  () It is announced that Xinyu Quanshengtong Investment Management Co., Ltd., a shareholder holding 1.79% of the shares, plans to reduce the company’s shares by no more than 2,699,800 shares (accounting for 1.79% of the company’s total share capital) by centralized bidding and block trading in the next six months, of which no more than 2,699,800 shares are reduced by centralized bidding (accounting for 1.79% of the company’s total share capital).

  Zhongfutong won the bid of 439 million yuan for comprehensive business support service procurement project.

  () Announcement, the company is the third successful candidate for the bid package 1 (Shandong) of China Mobile Tietong Co., Ltd.’ s centralized procurement project for comprehensive business support services in 2023 (Area 2), with an estimated winning amount of 439 million yuan.

  Yahua Group: It plans to acquire 70% equity of a wholly-owned subsidiary of China Africa Industry, which indirectly owns the control right of lithium mine.

  () On the evening of November 24th, it was announced that Yahua International, a wholly-owned subsidiary of the company, planned to acquire 70% of the shares of two wholly-owned subsidiaries of China Africa Industry, and indirectly owned 70% of the control rights of four lithium mines in Namibian da Malalan mining area; The total consideration for the acquisition of equity in this project does not exceed $145 million.

  Pan Pudun, the real controller of Tiandi Digital, did not reduce his holdings after the expiration of the reduction plan.

  () Announcement was issued. As of November 23, 2022, the actual controller, Mr. Pan Pudun, has expired this reduction plan and has not reduced his shareholding in the disclosed reduction time.

  Ningbo Waige, a shareholder of Kefu Medical, has reduced its holdings by 110,400 shares and no longer holds more than 5% of the shares.

  () Announcement, the company received the Simplified Statement of Equity Change issued by the shareholder Ningbo Waige Gongxin Venture Capital Partnership (Limited Partnership) (hereinafter referred to as "Ningbo Waige"). From November 16, 2022, when the company disclosed the Pre-disclosure Announcement on Shareholding Reduction by Shareholders Holding More than 5% to the date of disclosure of this Statement of Equity Change, Ningbo Waige reduced its holding of Kefu Medical by a total of 110,400 shares through block transactions.

  After this change, Ningbo Waige holds 10,424,300 shares of the company, with a shareholding ratio of 4.99995%, and is no longer a shareholder holding more than 5% of the company’s shares.

  Ningbo Goethe, a liquor circulation enterprise, may become the second largest shareholder of Kairuide.

  On November 24th, Kairuide announced that an extraordinary general meeting of shareholders will be held on December 8th to review the Proposal on Judicial Transfer and Transfer of Retained Stocks in Reorganization Plan. This also means that Ningbo Goethe Yingxiang Trading Co., Ltd. (hereinafter referred to as "Ningbo Goethe"), a liquor circulation enterprise, will become the second largest shareholder of Kairuide.

  In the announcement issued on November 18th, Kairuide mentioned that it intends to transfer the retained shares of the reorganization plan to Ningbo Goethe at a price of 298 million yuan. Before the judicial transfer of shares, Ningbo Goethe did not hold the shares of the company. After the judicial transfer of shares, Ningbo Goethe will hold 51.5 million shares of the company, accounting for 14.01% of the company’s total share capital, and it is the second largest shareholder of the company. This judicial transfer of shares will not lead to changes in the controlling shareholder and actual controller of the company.

  According to the enterprise investigation information, Ningbo Goethe is indirectly wholly-owned by Goethe Yingxiang Co., Ltd., a liquor circulation enterprise. In June this year, Ningbo Goethe became the second largest shareholder of Quanxing Liquor with 33% of the shares; Kairuide is mainly engaged in ore sales and cotton spinning raw materials sales, and was listed on the Shenzhen Stock Exchange in September 2006.

  It is precisely because of the above-mentioned restructuring plan that the speculation of "liquor companies borrowing from the back door" has been triggered in the market. In this regard, on the evening of November 21, Kairuide announced that the company’s main business is coal trading business, and the company does not involve the negotiation or negotiation of "backdoor" and "restructuring" with liquor enterprises; Not engaged in liquor production and sales business, not planning to engage in or expand liquor production and sales business.

  Xinyu Quanshengtong, the shareholder of Jinyun Laser, reduced its shareholding by 1%.

  Jinyun Laser announced that Xinyu Quanshengtong Investment Management Co., Ltd., a shareholder, reduced its holdings of 1,512,200 shares through centralized trading on November 23rd, with a reduction ratio of 1%.

  Yinglian shares: the company’s operating fundamentals have not changed.

  () On the evening of November 24th, the announcement of abnormal fluctuation of stock trading was released, and foreign investment in the business related to composite copper foil made of PET, PP, PI and other materials was an attempt made by the company outside its main business, and the company’s operating fundamentals remained unchanged. The aforementioned business is currently in the equipment delivery stage, and the company has no previous experience in R&D and production of related products. The progress and results of product R&D are uncertain, and there is a risk that the R&D results may not meet expectations or fail. If the product research and development is successful, the subsequent customer product testing and market sales are still needed, and whether it is approved by customers and the market sales are uncertain.

  Langjin Technology was selected as the seventh batch of single champion demonstration enterprises in manufacturing industry.

  () Announcement. According to the Notice of the Ministry of Industry and Information Technology and China Federation of Industrial Economics on Printing and Distributing the List of the Seventh Batch of Manufacturing Individual Champion and the First and Fourth Batch of Manufacturing Individual Champion Enterprises (Products) that passed the review, Shandong Langjin Technology Co., Ltd. (hereinafter referred to as "the Company") was selected as the individual champion demonstration enterprise (the seventh batch).

  Kelu Electronics won the bid for 114 million yuan State Grid procurement project.

  () Announcement, the company is the candidate winning the bid for the 61st batch of procurement (the second electric energy meter (including electricity consumption information collection) for marketing projects) of State Grid Corporation of China in 2022, and the estimated total bid amount is about RMB 114 million. Recently, the company received the Notice of Winning Bid from State Grid Corporation and State Grid Materials Co., Ltd..

  In the third quarter, Jianke shares sent 3.5 yuan date of record for every 10 shares on November 30th.

  () It is announced that the company will distribute the rights and interests in the third quarter of 2022, and distribute 3.5 yuan and date of record for every 10 shares to all shareholders on November 30th.

  Jinyun Laser: Xinyu Quanshengtong Investment Management Co., Ltd. intends to reduce its shareholding by no more than 1.79%.

  Jinyun Laser announced on the evening of November 24 that Xinyu Quanshengtong Investment Management Co., Ltd., a shareholder holding 1.79%, intends to reduce its shareholding by no more than 1.79%.

  Zhongfutong: Won the bid for 439 million yuan of China Mobile Railcom procurement project.

  On the evening of November 24th, Zhongfutong announced that China Mobile Purchasing and Bidding Network recently publicized the successful candidate of "China Mobile Tietong Co., Ltd. Integrated Business Support Service Centralized Procurement Project (Area II) in 2023", and the company was the third successful candidate of this target package I (Shandong), with a share of 134,146% and an estimated successful amount of 439 million yuan.

  Zhao Zhiya, General Manager of Guangqi Technology, resigned

  () Announcement, the board of directors of the company recently received the resignation report submitted by Dr. Zhao Zhiya, director and general manager of the company. Considering the needs of the company’s business development and work adjustment, Dr. Zhao Zhiya applied to resign as a director of the company, a member of the special committee under the board of directors and the general manager of the company. After his resignation, he will not hold other positions in the company and its subsidiaries, and intends to take charge of basic and cutting-edge pioneering research at the level of the company’s controlling shareholder group.

  Sanfu Outdoor plans to acquire Shanghai Flying Frog to obtain the exclusive agency of CRISPI shoes and boots brand in China.

  () Announced that the company plans to pay 24.9 million yuan in cash to acquire 100% equity of Shanghai Flying Frog jointly held by Liu Fang, Jia Xiaodan and Su Jie. Shanghai Flying Frog is a company specializing in the distribution and agency of high-end hiking shoes. At present, the company has the exclusive agency right of CRISPI, an Italian high-end leisure hiking shoe brand, in China.

  According to the announcement, after the acquisition, the company will have the exclusive agency right of CRISPI shoes and boots brand in China, further expanding the development strategy of the company’s layout of high-end brands. CRISPI has a good reputation at home and abroad for its functionality, comfort and Italian handcraft tradition, and is deeply loved by domestic outdoor sports people. This acquisition will help the company to form a more competitive product structure and sales channel expansion ability, and help to improve the company’s sales revenue and profitability.

  Dashi Intelligent Subsidiary Consortium signed a 237 million yuan smart hospital project contract.

  () Announcement. Recently, Dashijiuxin, a wholly-owned subsidiary of the company, and Guangdong Jieqi Construction Engineering Co., Ltd., a co-contractor, reached an agreement with the Building Works Department of Baoan District of Shenzhen on matters related to the overall renovation project (Phase II) of Baoan District People’s Hospital, and formally signed a project contract in Shenzhen, with a contract amount of 237 million yuan, accounting for 7.49% of the company’s audited operating income in 2021. After the implementation of the contract, it is expected that the company’s future will be affected.

  Su Jiaoke: Pan Lingshong, the director of the Board of Directors, reduced his holdings by 3 million shares after the implementation of the reduction plan.

  China Fortune Link, November 24-Su Jiaoke announced that Pan Lingshong, secretary of the board of directors, had completed the implementation of the reduction plan, and during the period from November 22 to November 24, he reduced the company’s shares by 3 million shares in a block trade, accounting for 0.24% of the company’s total share capital.

  Desheng Technology has obtained the certificate of information system construction and service ability.

  () Announced, the company recently obtained the Certificate of Information System Construction and Service Capability issued by China Electronic Information Industry Association, and the evaluation grade is good (CS3).

  As a leading integrated service provider for people’s livelihood in the field of digital economy in China, the company has profound technical and business accumulation in software and information technology services. The above certificate indicates that the company’s comprehensive ability in strategy, management, talents, technology, management and innovation has been recognized by the national authority, which fully reflects the company’s comprehensive strength and industry position in the field of information system construction and service, which will help the company further enhance its digital product research and development and comprehensive service capabilities, enhance its core competitiveness, and provide users with higher quality products and services.

  Chen Xing, supervisor of Zhongzhou Holdings, completed the plan to reduce the holding of 26,100 shares.

  () Announcement was issued. On November 24, 2022, the company received a notice from Ms. Chen Xing, the supervisor. By November 24, 2022, Ms. Chen Xing had reduced her holdings of 26,100 shares of the company, accounting for 0.004% of the company’s total share capital. Its shareholding reduction plan has been implemented.

  4 Lianban Yinglian shares: the company’s operating fundamentals have not changed.

  On November 24 th, Yinglian Co., Ltd. announced the abnormal fluctuation of stock trading, and invested in the business related to composite copper foil made of PET, PP, PI and other materials, which was a business attempt of the company outside its main business, and the company’s operating fundamentals have not changed. The aforementioned business is currently in the equipment delivery stage, and the company has no previous experience in R&D and production of related products. The progress and results of product R&D are uncertain, and there is a risk that the R&D results may not meet expectations or fail. If the product research and development is successful, the subsequent customer product testing and market sales are still needed, and whether it is approved by customers and the market sales are uncertain.

  Aofei Data’s application for issuing shares to specific targets was approved by Shenzhen Stock Exchange.

  () Announcement: On November 24, 2022, the company received the Letter of Opinions of the Audit Center on Guangdong Aofei Data Technology Co., Ltd. applying to issue shares to a specific object issued by the Listing Audit Center of Shenzhen Stock Exchange. The IPO audit institution of Shenzhen Stock Exchange reviewed the application documents of the company to issue shares to a specific object, and found that the company met the issuance conditions, listing conditions and information disclosure requirements. Subsequently, the Shenzhen Stock Exchange will report to the China Securities Regulatory Commission to perform relevant registration procedures as required.

  () It is planned to acquire 85% equity of Dongguan Tengwei for 383 million yuan to realize the layout of relevant lithium battery material industry chain.

  Tianci Materials announced that the company intends to acquire 85% equity of Dongguan Tengwei Electronic Materials Technology Co., Ltd. ("Dongguan Tengwei" and "Target Company") held by four natural persons, including Mr. Jinfu Xu and Shanghai Heyin Investment Management Co., Ltd., and the transaction consideration is RMB 383 million. Before this transaction, the company did not hold the equity of Dongguan Tengwei. After this transaction, the company held 85% of the equity of Dongguan Tengwei.

  It is reported that Dongguan Tengwei’s main business is adhesive products, which are mainly used for power batteries. The adhesive market for power batteries belongs to the market segment of the adhesive market in the field of power batteries for new energy vehicles. At present, the market is in the stage of incremental development and has good market prospects. The company’s acquisition of Dongguan Tengwei can further realize the layout and integration of related lithium battery materials industry chains.

  In addition, Dongguan Tengwei’s main product adhesive belongs to reactive adhesive type, which has synergistic effect with the company’s silicone products. Through the acquisition of Dongguan Tengwei, it can supplement and enrich the company’s product line and give play to the industry synergy effect.

  Huilong shares plan to spend 80 million yuan to 150 million yuan to buy back shares.

  () Announce that the company intends to use its own funds to buy back some public shares of the company. The total amount of repurchase by centralized competitive bidding is not less than 80 million yuan (inclusive) and not more than 150 million yuan (inclusive), and the repurchase price is not more than 14 yuan/share (inclusive). The repurchase period is within 6 months from the date when the board of directors deliberates and approves the share repurchase plan. The shares repurchased this time will be used for equity incentive plan, employee stock ownership plan or convertible corporate bonds conversion.

  Hegang: Tangshan Branch has received a total of 17.681 billion yuan in relocation compensation.

  () It was announced that the production capacity of Tangshan Branch of the company in Tangshan City was completely shut down in September 2020. On August 19th, 2020, the Company and Tangshan Municipal Government signed the Agreement on the Relocation of Tangshan Branch for the closure and compensation. Recently, Tangshan Branch received 2.012 billion yuan of relocation compensation from Tangshan Municipal Government. The total amount of relocation compensation for the relocation of Tangshan Branch is 33.4 billion yuan. By the disclosure date of the announcement, Tangshan Branch has received a total of 17.681 billion yuan of relocation compensation, accounting for 52.94% of the total compensation receivable.

  110 million restricted shares of Jiuliang will be listed and circulated on November 29th.

  () Promising announcement on the listing and circulation of some shares issued before the initial public offering. The restricted shares listed and circulated this time are some shares issued before the initial public offering of the company, and the number of shares released from the restricted shares is 110 million shares, accounting for 69% of the company’s total share capital. The date of listing and circulation of the shares released from restricted sale is November 29, 2022 (Tuesday).

  Tellus A intends to sign a property management service contract with Tellus Services, with a total price of 31,764,900 yuan.

  Tellus A issued an announcement. Recently, the company invited bids for the property management service project of Tellus Gold Diamond Trading Building through public bidding. Shenzhen () Co., Ltd. (hereinafter referred to as "Tefa Service") became the bid winner of the company’s property management service bidding project, and the company plans to sign the Property Management Service Contract with Tefa Service, with a total contract price of 31.7649 million yuan.

  It is reported that Tefa Service is a holding subsidiary of Shenzhen Tefa Group Co., Ltd., the controlling shareholder of the company, and has formed a related legal person relationship with the company in accordance with the relevant provisions of the Listing Rules of Shenzhen Stock Exchange. This transaction constitutes a related party transaction.

  According to the announcement, this related party transaction is based on the actual demand of the company’s property management services. The company accepts the one-stop, complete and high-quality property management services provided by the special services of professional property management companies, which is conducive to maintaining the service life of the properties held by the company and giving full play to the positive role of property management in maintaining and increasing the value of housing construction.

  Tellus A intends to sign a property management service contract with Tellus Services, with a total price of 31,764,900 yuan.

  Tellus A issued an announcement. Recently, the company invited bids for the property management service project of Tellus Gold Diamond Trading Building through public bidding. Shenzhen Tefa Service Co., Ltd. (hereinafter referred to as "Tefa Service") became the bid winner of the company’s property management service bidding project, and the company plans to sign a Property Management Service Contract with Tefa Service, with a total contract price of 31,764,900 yuan.

  It is reported that Tefa Service is a holding subsidiary of Shenzhen Tefa Group Co., Ltd., the controlling shareholder of the company, and has formed a related legal person relationship with the company in accordance with the relevant provisions of the Listing Rules of Shenzhen Stock Exchange. This transaction constitutes a related party transaction.

  According to the announcement, this related party transaction is based on the actual demand of the company’s property management services. The company accepts the one-stop, complete and high-quality property management services provided by the special services of professional property management companies, which is conducive to maintaining the service life of the properties held by the company and giving full play to the positive role of property management in maintaining and increasing the value of housing construction.

  Chen Gang, deputy general manager of Compass, plans to reduce his holdings by no more than 304,900 shares.

  () Announcement, Chen Gang, the deputy general manager of the company, plans to reduce the company’s shares by no more than 304,900 shares by centralized bidding (accounting for 0.07% of the company’s total share capital).

  Yahua Group plans to acquire control rights of four lithium mines in the Namibian da Malalan area for no more than US$ 145 million.

  Yahua Group announced that Yahua International Investment and Development Co., Ltd., a wholly-owned subsidiary of the company, intends to acquire 70% of the shares of SSC AFRIQUE HOLDINGS LIMITED and Indus Min Africa Limited. The target company holds 100% shares of JTD Mining Group (Proprietary) Limited and Bib Mineral Resources (Proprietary) Limited, respectively, and the project company owns 100% of four lithium mines in Malalan, Namibia, with a mining area of 720 square kilometers. The total consideration for the acquisition of equity in this project does not exceed $145 million.

  After the transaction is completed, it will further expand the supply channels of raw materials needed by the company for lithium salt in the future, and enhance the competitiveness and profitability of product costs.

  Tianwo Technology: The normal construction of several new energy projects of the company was affected by the epidemic situation.

  () On the evening of November 24th, the announcement of abnormal fluctuation of stock trading was released. Recently, the epidemic situation in COVID-19 in China is complicated and changeable, which has affected the normal construction of many new energy projects of the company and may adversely affect the company’s performance.

  Linghui Investment, a specific shareholder of Xiangyuan New Materials, and its concerted action plan to continue to reduce its shareholding by no more than 3.26%.

  () Announced that the specific shareholder Linghui Investment Partnership (Limited Partnership) in Ningbo Meishan Bonded Port Area ("Linghui Investment") and its concerted action partner Shenghui (Guangdong) Equity Investment Partnership (Limited Partnership) ("Shenghui Investment") plan to reduce their holdings of the Company’s shares by centralized bidding or block trading, with a total of no more than 3,529,900 shares (accounting for no more than 3.26% of the company’s total share capital), as disclosed in this announcement.

  First Flight Hi-Tech plans to launch the employee stock ownership plan in 2022.

  () Announce that the company plans to launch the employee stock ownership plan in 2022, with the total number of participants not exceeding 180, and the price of the shares repurchased by the transferee company is 0 yuan/share. The employee stock ownership plan will not exceed 64,349,700 shares, accounting for 2.53% of the company’s current total share capital.

  Taihe New Materials granted 18.89 million restricted shares to 348 incentive targets.

  () Announced, the company held the 23rd meeting of the 10th Board of Directors on November 24th, 2022, reviewed and approved the Proposal on Granting Restricted Stock to the Incentive Objects of the Restricted Stock Incentive Plan in 2022, and agreed to grant 18.89 million restricted shares to 348 incentive objects on November 24th, 2022 as the first grant date of the incentive plan, with the grant price of 9.25 yuan per share.

  Maipu medical research and development project "Absorbable multi-layer fibrillar regenerated oxidized cellulose" entered clinical trials.

  () It was announced that the company’s R&D project "Absorbable multi-layer fibrillar regenerated oxidized cellulose" recently completed the first random grouping of subjects and officially entered the clinical trial.

  According to the announcement, the company’s listed "absorbable regenerated oxidized cellulose" hemostatic product is a high-performance hemostatic product specially developed for the hemostasis needs of neurosurgery. In August 2021, the company obtained the domestic medical device registration certificate for the first time. After the product was certified, the company actively promoted the network hanging in various provinces and cities in China, and has achieved simultaneous sales at home and abroad.

  Jiushengtang: Announcement on Resignation of Secretary of the Board of Directors and Chief Financial Officer

  Jiushengtang announced on November 24, 2022 that the board of directors of the Company received the resignation report submitted by Mr. Ni Zhengyong, secretary of the board of directors and chief financial officer, on November 24, 2022, and his resignation took effect on November 24, 2022. The above-mentioned resignees hold 0 shares of the company, accounting for 0% of the company’s share capital. He is not the object of joint punishment for dishonesty, and will no longer hold other positions in the company after resigning.

  Financial Tips of Tongbi: According to public data, the operating income of Jiushengtang in 2021 was 36,256,055 yuan, the net profit attributable to the parent company was 15,941,225 yuan, the return on net assets was 10.82%, and the growth rate of operating income was 0.79%. At present, the sponsoring brokerage firm is changjiang securities, and the trading method is market-making trading, which belongs to the innovation layer.

  Yunhai Metal: It is planned to build a project with an annual output of 2.5 million magnesium alloy die castings.

  Yunhai Metal announced on the evening of November 24th that the company plans to build a magnesium alloy die casting project with an annual output of 2,500,000 pieces in Tianjin Liuhe Magnesium Company according to the future development plan and comprehensive consideration of relevant factors such as future market demand. Total investment of the project is 80,000,000 yuan. It is estimated that the annual net profit will be 18,000,000 yuan after the production, and the investment payback period will be 4.85 years (excluding the construction period).

  Empt: Announcement of Directors’ Resignation

  Empt announced on November 24, 2022 that the board of directors of the Company received the resignation report submitted by Mr. Li Junwei, the director and deputy general manager, on November 24, 2022, and his resignation took effect on November 24, 2022. The above-mentioned resignees hold 364,000 shares of the company, accounting for 1.82% of the company’s share capital. He is not the object of joint punishment for dishonesty, and will no longer hold other positions in the company after resigning.

  Financial Tips: According to public data, the operating income of empt in 2021 was 34,087,693 yuan, the net profit attributable to the parent company was 632,041 yuan, the return on net assets was 2.05%, and the growth rate of operating income was 120.84%. At present, the sponsoring brokerage firm is Guoxin Securities, and the trading method is call auction Trading, which belongs to the basic level.

  Chang Qin No.1, the shareholder of Kemeite Gas, and its concerted parties terminated their reduction in advance and intend to continue to reduce their holdings by no more than 6%.

  () Announcement was issued. On November 24th, the company received the Notice Letter on Early Termination of the Original Share Reduction Plan and Future Share Reduction Plan jointly issued by the shareholder Chang Qin No.1 and the concerted parties Caixin Assets and Caixin Jingxin. By the announcement date, Chang Qin No.1 had reduced its shareholding by 3%, and decided to terminate the original share reduction plan early based on its own capital needs. At the same time, it is planned to continue to reduce its holdings. Caixin Assets, Changqin No.1 and Caixin Jingxin are expected to reduce their holdings of unrestricted shares by no more than 38.325 million shares, which does not exceed 6% of the company’s current total share capital.

  ST Caesar: 12.96% of the company’s shares held by the controlling shareholder were frozen by the judiciary.

  () On the evening of November 24th, it was announced that 104 million shares of the company (accounting for 12.96% of the company’s total share capital) held by Caesar Sega, the controlling shareholder of the company, were frozen by the judiciary.

  Maipu Medicine: Absorbable multi-layer fibrillar regenerated oxidized cellulose enters clinical trials.

  Maipu Medical announced on the evening of November 24 that the company’s research and development project "Absorbable multi-layer fibrillar regenerated oxidized cellulose" recently completed the first random enrollment of subjects and officially entered the clinical trial.

  Yahua Group plans to purchase 70% equity of two wholly-owned subsidiaries of China Africa Industry.

  On the evening of November 24th, Yahua Group disclosed that Yahua International, a wholly-owned subsidiary of the company, intends to acquire 70% equity of two wholly-owned subsidiaries of China-Africa Industry (Hong Kong) Co., Ltd. (hereinafter referred to as "China-Africa Industry"), and indirectly owns 70% control rights of four lithium mines in Namibian da Malalan mining area. The total consideration for the acquisition of equity in this project does not exceed US$ 145.329 million.

  According to the announcement, Yahua International intends to purchase 70% shares of SSCAFRIQUE HOLDINGS LIMITED and Indus Min Africa Limited, wholly-owned subsidiaries of China Africa Industry. For the above investment, Yahua Group said that it is to improve the re-layout of the company’s independent controllable resources, which matches the company’s future lithium salt capacity expansion and conforms to the company’s lithium industry strategic development plan.

  Keywords: Yahua Group intends to purchase 70% equity of a wholly-owned subsidiary of China Africa Industry.

  Shengxunda plans to purchase 80% equity of Yurui Technology.

  On the evening of November 24th, Shengxunda disclosed that the company planned to acquire 80% equity of Lushi Yurui Technology Co., Ltd. (hereinafter referred to as "Yurui Technology") in cash at a transaction price of 8 million yuan, and increased its capital to Yurui Technology by 147.2 million yuan.

  Shengxunda said that Yurui Technology holds 60% equity of Guangyu Mining, and Guangyu Mining holds 100% equity of Caijia Lithium Mine (hereinafter referred to as "Caijia Lithium Mine") and Nanyangshan Lithium Mine in Guanpo Town, Lushi County, Henan Province. At present, the Mining License held by Caijia Lithium Mine and Nanyangshan Lithium Mine has expired, and the registration procedures for the renewal of mining rights are being processed. After the completion of this transaction, Yurui Technology will become a holding subsidiary of the company, which indirectly holds 48% interests in Caijia Lithium Mine and Nanyangshan Lithium Mine.

  (): It is planned to invest in the nickel resource HPAL joint venture company in Indonesia with South Korea’s ECOPRO company and SK ON company.

  Gemmy announced on the evening of November 24th that the company signed a Memorandum of Understanding with South Korea’s ECOPRO and SK On, and will set up and invest in an HPAL joint venture company in Indonesia. The joint venture company will build an HPAL factory in Morowali, Sulawesi, Indonesia to produce MHP with an annual output of 30,000 gold tons of nickel.

  Seeking a high degree of self-sufficiency in nickel resources, GEM plans to join hands with ECOPRO and SK ON to invest in a nickel resource HPAL joint venture company in Indonesia.

  Gemmy announced that the company has signed a Memorandum of Understanding with South Korea’s ECOPRO Co.,Ltd (hereinafter referred to as "ECOPRO") and SKOn Co., Ltd. (hereinafter referred to as "SKOn"), which is the initial intention of the company, ECOPRO, SKON or their related parties to establish a joint venture company of HPAL in Indonesia.

  As for the partners, ECOPRO’s main products are NCA, NCM and other positive materials for power batteries. At present, it is the world’s core manufacturer of high nickel ternary cathode materials for new energy power batteries. SK On is a subsidiary of SK innovation, a subsidiary of sk group in Korea. In Europe, the United States, China and other places, we have set up factories to produce high energy density batteries for electric vehicles, and established cooperative relations with major automobile companies around the world.

  The memorandum stipulates that according to the establishment of the HPAL joint venture company, the three parties should negotiate on the establishment of the precursor joint venture company. The purpose of the establishment of the joint venture company is to build an HPAL factory in Morowali, Sulawesi, Indonesia to produce MHP with an annual output of 30,000 tons of gold and nickel, and to ensure the supply of the precursor joint venture company at a transparent and competitive price.

  According to the announcement, the signing of the memorandum will effectively ensure the continuous expansion of the company’s battery material business’s strategic demand for nickel resources in the future, promote the company’s self-sufficiency rate of nickel resources to reach over 70% in 2025, and achieve 100% complete self-sufficiency after 2027, and ensure the realization of the company’s long-term goal of precursor sales of 500,000 tons in 2026, which is an effective strategic measure to stabilize the Korean core market and enter the US market.

  () It is planned to sell 100% equity of overseas subsidiary Lorex and related assets for US$ 72.192 million.

  Dahua Co., Ltd. announced that in order to actively respond to the changes in the current international market environment and in combination with the company’s strategy and actual business development, the board of directors of the company agreed that its wholly-owned subsidiary Dahua Europe B.V ("Dahua Europe") and Skywatch, Inc. ("Skywatch") signed the SHARE PURCHASE AGREEMENT ("Share Purchase Agreement"). 100% equity of three companies (hereinafter collectively referred to as "Target Company" or "Lorex") held by Dahua Europe ("Lorex Canada"), Lorex Corporation ("Lorex USA") and Lorex Technology UK Limited (hereinafter referred to as "Target Company"), and assets (hereinafter referred to as "Target Assets") held by the company are sold to. The transaction price is $72.192 million.

  The underlying assets transferred this time are 32 Lorex trademarks held by the company and 61 network domain names under the trademarks, which are mainly used for the daily business of the target company, and the book value of the underlying assets in the company is 0.

  According to the announcement, after the completion of this transaction, the company expects to realize the equity transfer income of about RMB 540 million (regardless of income tax, the final audit result shall prevail). Lorex business and related assets account for a small proportion of the company’s overall operating scale, and the impact on the company’s operation and future financial situation is limited after the sale.

  Dahua shares: It is planned to sell the equity and related assets of overseas subsidiaries for US$ 72.192 million.

  Dahua Co., Ltd. announced on the evening of November 24th that the board of directors of the company agreed that Dahua Europe, a wholly-owned subsidiary, would sell 100% equity of Lorex Canada, Lorex USA and Lorex UK, and the Lorex trademark held by the company to Skywatch, and the transaction price was determined to be 72.192 million US dollars.

  Zhang Chengkang, one of the actual controllers of Saiyi Information, intends to reduce his shareholding by no more than 1.01%.

  () Announcement was issued. As of the disclosure date of the announcement, Zhang Chengkang, one of the controlling shareholders and actual controllers of the company, holds 57,140,700 shares of the company, accounting for 14.40% of the company’s total share capital minus the number of repurchased shares. Zhang Chengkang plans to reduce the company’s shares by no more than 4 million shares during the period from November 30, 2022 to May 29, 2023, accounting for 1.01% of the company’s total share capital minus the number of repurchased shares.

  Yahua Group intends to acquire 70% equity of a wholly-owned subsidiary of China-Africa Industry, and indirectly owns lithium mine rights.

  Yahua Group announced that Yahua International Investment Development Co., Ltd., a wholly-owned subsidiary of the company, intends to acquire 70% of the shares of two wholly-owned subsidiaries of China Africa Industrial (Hong Kong) Co., Ltd., and indirectly owns 70% of the rights of four lithium mines in Namibian da Malalan mining area; The total consideration for the acquisition of equity in this project does not exceed USD 145,329,000.

  Saiyi Information: Zhang Chengkang, one of the actual controllers, intends to reduce his shareholding by no more than 1.01%.

  Saiyi Information announced on the evening of November 24 that Zhang Chengkang, one of the controlling shareholders and actual controllers of the company, plans to reduce the company’s shares by no more than 4 million shares in the form of block transactions from November 30, 2022 to May 29, 2023, accounting for 1.01% of the company’s total share capital MINUS the number of repurchased shares.

  Gemei signed a memorandum of understanding with South Korea’s ECOPRO Company and SK ON Company to invest in Indonesia’s nickel resource HPAL joint venture company.

  Gemme announced that on November 24, 2022, the company signed a Memorandum of Understanding with South Korea’s ECOPRO Co.,Ltd and SK On Co., Ltd., which is the preliminary intention of the company, ECOPRO, Skon or their related parties to establish a joint venture company of HPAL in Indonesia. The company said that the signing of the memorandum will effectively guarantee the strategic demand for nickel resources for the continuous expansion of the company’s battery materials business in the future.

  Magic Pharmaceutical: The controlling shareholder magic invested and pledged 25 million shares of the company.

  () Announced on the evening of November 24th. Recently, the company received a notice from the controlling shareholder Magic Investment on the pledge of shares. On November 24, 2022, Magic Investment handled the stock pledged repurchase business with GF Securities, and pledged 25 million shares of the company’s unrestricted shares, accounting for 4.68% of the company’s total shares and 20.72% of its shares.

  Tianyi Lithium Industry, a subsidiary of Tianhua Super Clean, established a long-term strategic cooperation relationship with Chengdu Ba Maw.

  () It was announced that Yibin Tianyi Lithium Industry Science and Technology Co., Ltd. ("Tianyi Lithium Industry"), a subsidiary of the company, and Chengdu Ba Maw Science and Technology Co., Ltd. ("Chengdu Ba Maw") signed the Strategic Cooperation Agreement for 2023-2025. The two parties to the agreement, based on the goal of equality, mutual benefit and win-win cooperation, established a long-term strategic cooperation relationship for the supply of battery-grade lithium hydroxide products through friendly negotiation.

  This agreement stipulates that the total quantity of lithium hydroxide sold by the seller from 2023 to 2025 is 36,000 10% metric tons, and the specific supply quantity shall be subject to the purchase order signed by both parties separately.

  Aner’s technology for making antiviral fabrics has not yet been patented.

  On the evening of November 23rd, children’s wear enterprise () (SZ002875, share price of 10.78 yuan, market value of 2.286 billion yuan) announced that the company and many parties signed the Strategic Cooperation Agreement with Shenzhen School Uniforms Industry Association, aiming to jointly promote the application of electron beam grafting modified fabrics with antiviral effect in the field of school uniforms. At the opening on the 24th, Anna Nair had a daily limit.

  National business daily reporter found that the owner of this fabric technology is not Anna Nair, but a third-party company, and Anna Nair’s joint venture company is only authorized by this technology. This anti-virus "black technology" passed the identification and testing only three months ago, but it has not yet obtained an invention patent. The patent application is currently in the stage of "waiting for the actual trial proposal".

  Shenghong Technology: It is planned to acquire 5.49% shares of Founder Technology after reorganization.

  () On the evening of November 24th, it was announced that the company and Huafa Technology Industry jointly participated in the implementation of Founder Technology Reorganization Plan, and the company planned to acquire 5.49% of the shares of Founder Technology after reorganization, and the corresponding transaction price was 366 million yuan; Huafa Science and Technology Industry appointed Zhuhai Huashi Huanxin Fangke Investment Enterprise (limited partner) as the shareholder to obtain 23.50% of the shares of Founder Technology after reorganization. Huafa Science and Technology Industry and Huanxin Fangke signed a Concerted Action Agreement with the company, stipulating that the shareholders of Founder Technology after reorganization, Huanxin Fangke and Shenghong Technology, will exercise their shareholder rights as concerted actions.

  Yuandao Communication won the bid of 1.197 billion yuan for China Mobile Centralized Purchasing Project.

  () Announcement. Recently, China Mobile Purchasing and Bidding Network released the Announcement of Candidates Selected for the Centralized Procurement Project of Integrated Business Support Services of China Mobile Tietong Co., Ltd. in 2023. The company is the successful candidate for the above-mentioned projects, and the total winning amount in the whole service cycle is 1.197 billion yuan (including tax).

  As the escort of China communication network, the company is a national and comprehensive communication technology service enterprise. The winning bid reflects the customer’s recognition of the company’s brand and market influence. If the company can sign a formal project contract and implement it smoothly, it will have a positive impact on the company’s operation in 2023, and will not affect the independence of the company’s operation.

  Shareholders of Shanghai Ailu intend to reduce their holdings by no more than 2.69%.

  Shanghai Ailu announced that Wen Zhenyu, a natural person shareholder who holds 26,255,736 shares of the company (accounting for 6.56% of the company’s total share capital), intends to reduce the company’s shares by one or more means, such as centralized bidding and block trading, to no more than 10,752,000 shares, that is, no more than 2.69% of the company’s total share capital.

  Yitong Technology granted 150,000 restricted shares at a grant price of 7 yuan.

  () Announcement: The conditions for granting restricted shares stipulated in the company’s 2022 restricted stock incentive plan have been achieved. The company agrees that the reserved granting date of restricted shares is November 24, 2022, and 150,000 restricted shares will be granted to three incentive targets who meet the granting conditions at a price of 7 yuan per share.

  * The actual controller of ST Fangke will be changed to Zhuhai SASAC.

  () Announcement, the company received the Notice Letter from Huafa Science and Technology Industry and Huanxin Fangke. According to the Letter of Notification, on November 24th, 2022, Huafa Technology Industry and Shenghong Technology signed a Cooperation Agreement and a Supplementary Agreement, and Huafa Technology Industry and its designated investor Huanxin Fangke signed a Concerted Action Agreement with Shenghong Technology, stipulating that they should act in concert to exercise the rights of shareholders of the reorganized company. The agreement is valid for 36 months after all parties have obtained the shares of the company according to the company reorganization plan. Huafa Science and Technology Industry designated Huanxin Fangke to accept shares accounting for 23.50% of the total share capital of the restructured company; Designate Shenghong Technology to accept shares accounting for 5.49% of the total share capital of the restructured company. The remaining shares shall be assigned to other entities by Huafa Technology Industry before the completion of the reorganization plan, and the designated entities shall be the concerted actions of Huafa Technology Industry, and jointly promise to lock in for 36 months; If other entities are not designated or failed to be designated, Huafa Science and Technology Industry will designate Huanxin Fangke to accept the shares from the manager.

  According to the Reorganization Investment Agreement, Reorganization Plan, Investor’s Rights and Interests Adjustment Plan and Letter of Notification, based on the company’s existing total share capital of about 2.195 billion yuan, the capital reserve will be converted into share certificates at the ratio of 9 shares for every 10 shares, resulting in a total of about 1.975 billion shares, and the company’s total share capital will increase to about 4.170 billion shares.

  After the completion of the equity change, Huanxin Fangke will hold 23.50% of the company’s total share capital, acting in concert with Shenghong Technology and other transferees, holding 29.99% of the company’s total share capital. The actual voting rights of the company’s shares are enough to have a significant impact on the resolutions of the company’s shareholders’ meeting, so Huanxin Fangke will become the controlling shareholder of the company. The actual controller of the company will be changed to the State-owned Assets Supervision and Administration Commission of Zhuhai Municipal People’s Government.

  Tianhua Chaojing Subsidiary intends to participate in the equity auction of Si Nuo Wei Company.

  Tianhua Chaojing announced that the board meeting of the company deliberated and passed the proposal, and agreed that its subsidiary Tianyi Lithium Industry would participate in the equity auction of Yajiang Si Nuo Wei Mining Development Co., Ltd. According to the company, if Tianyi Lithium Industry can successfully bid this time and obtain the controlling right of Si Nuo Wei Company, it will help the company to increase the reserve of lithium resources and effectively guarantee the supply of lithium resources.

  At the same time, the company announced that Tianyi Lithium Industry and Chengdu Ba Maw Technology Co., Ltd. signed the Strategic Cooperation Agreement for 2023-2025, and the two parties jointly established a long-term strategic cooperation relationship for the supply of battery-grade lithium hydroxide products.

  Aohai Technology plans to spend 50 million yuan to 100 million yuan to implement repurchase, and the repurchase price does not exceed 55 yuan/share.

  () Announcement: At the 18th meeting of the second board of directors held on November 24th, 2022, the company deliberated and passed the Proposal on Repurchase of Company Shares by Centralized Bidding, and the amount of this repurchase is not less than RMB 50 million (inclusive) and not more than RMB 100 million (inclusive); The repurchase price does not exceed 55 yuan/share; The repurchase period is within 12 months from the date when the shareholders’ meeting deliberates and approves the share repurchase plan.

  Summary of important announcements of the New Third Board

  On the evening of November 24th, a number of listed companies in the New Third Board issued announcements. The following are the important announcements of financial consolidation in the same wall:

  Wilson Tsui Airlines: Reply to the first feedback.

  Guangzhou Wilson Tsui Aviation Technology Co., Ltd. replied to the first feedback on November 24th, and the main questions answered were about the historical evolution, the company’s business and the review of military matters.

  Kyushu Fengshen: Received the first feedback.

  Beijing Kyushu Fengshen Technology Co., Ltd. received the first feedback on November 24, and the main questions received were about special investment terms, outsourcing processing and product quality.

  Lvheng Technology: Proposed public offering of shares

  The board of directors of Lvheng Technology Group Co., Ltd. issued an announcement on November 24, saying that the company intends to issue shares through the trading system of the North Exchange. This issuance is carried out by combining the targeted placement of strategic investors (hereinafter referred to as "strategic placement") and the online pricing issuance to qualified investors who have opened the trading authority of the North Exchange (hereinafter referred to as "online issuance"). The issuer and the sponsor (lead underwriter) negotiate to determine the issue price of 8.00 yuan/share.

  Zhongshen shares: planned foreign investment

  The board of directors of Shanghai Zhongshen () Co., Ltd. issued an announcement on November 24, stating that the company intends to set up Tianjin Zhongshen Technology Co., Ltd., a holding subsidiary, with a registered capital of RMB 3 million. Zhongshen shares contributed RMB 1,530,000 and held 51% of the shares. Beijing Junshen Enterprise Management Development Center (Limited Partnership) invested RMB 1,470,000, holding 49% of the shares.

  Foreign exchange control shares: it is planned to issue shares to.

  On November 24th, the board of directors of Shenzhen Stock Exchange Control Intelligent Co., Ltd. announced that the company plans to issue 3,183,276 shares at a proposed issue price of 4.84 yuan, and the amount to be raised is 15,407,055.84 yuan to supplement the working capital. The board of directors confirmed one target of this directional issuance, and the subscription information was Huizhou Li Yuan Heng Investment Co., Ltd., which was subscribed in cash.

  Wanqi shares: planned to purchase fixed assets.

  The board of directors of Jiangsu Wanqi Biotechnology Co., Ltd. issued an announcement on November 24th, stating that, based on the needs of strategic development, in order to enhance the company’s production capacity, increase the market share of the company’s products and promote the company’s long-term and steady development, the company purchased equipment from Nantong Sanrui Chemical Equipment Co., Ltd. and other suppliers for installation with its own funds, with a total transaction amount of about 20,000,000 yuan.

  In the first three quarters of 2022, Jianke Co., Ltd. sent 3.5 yuan date of record for every 10 shares on November 30.

  (Financial News Jianke Co., Ltd. announced that the company’s equity distribution implementation plan for the first three quarters of 2022 is as follows: based on the total share capital of 180 million shares, a cash dividend of RMB 3.50 will be distributed to all shareholders for every 10 shares, and a total cash dividend of RMB 63 million will be distributed, accounting for 48.13% of the net profit attributable to the mother in the same period. No bonus shares will be distributed, and no capital reserve will be converted into share capital.

  The distribution of rights and interests in date of record is November 30th, and the ex-dividend date is December 1st.

  According to the performance report released by Jianke Co., Ltd. in the first three quarters of 2022, the company’s operating income was 889 million yuan, a year-on-year increase of 12.25%; The net profit attributable to shareholders of listed companies was 131 million yuan, a year-on-year increase of 22.72%; The basic earnings per share was 0.94 yuan, compared with 0.79 yuan in the same period last year.

  The main business of Changzhou Building Research Institute Group Co., Ltd. is inspection and testing as the core business, and special engineering professional services and new engineering materials help the development. Company products and main services inspection and testing business, special engineering professional services, new engineering materials. In the past ten years, the company has edited and participated in 25 standards, nearly 40 standards are being compiled, and undertaken more than 70 national, provincial and municipal scientific research projects. As of the signing date of the prospectus, the company has 64 valid invention patents, 174 utility model patents, 1 design patent and 19 software copyright registration certificates.

  (Source: Straight Flush iFinD)

  Tianwo Technology: The construction of several new energy projects was affected by the epidemic situation.

  Tianwo Technology announced that the closing price of the company’s stock trading price has deviated by more than 20% for two consecutive trading days (November 23 and November 24, 2022), which is an abnormal fluctuation of stock trading.

  According to the announcement, the epidemic situation of COVID-19 in China is complicated and changeable recently, which has affected the normal construction of many new energy projects of the company, which may adversely affect the company’s performance. In addition, () intends to transfer the company shares directly held by Shanghai Electric to the electric holding agreement. As of the announcement date, related matters are still in progress.

  Zhongke Yunwang and Tongling New Energy intend to cooperate in the research and development and manufacturing of ultra-efficient N-type crystalline silicon batteries.

  () Announced that the company ("Party A") signed the Cooperation Agreement with Tongling New Energy (Yangzhou) Co., Ltd. ("Tongling New Energy" and "Party B") on November 24th, 2022 to promote the business transformation of the company, and the two parties intend to cooperate in the research and development and manufacturing of ultra-efficient N-type crystalline silicon batteries.

  It is reported that Tongying New Energy (Gaoyou) Co., Ltd. (the "target company") currently has the industry-leading manufacturing technology and production capacity of large-size single crystal N-type TOPCon high-efficiency batteries, as well as a professional team in the field of TOPCon battery manufacturing. The company is building a TOPCon battery production base with an annual output of 6GW in Gaoyou City, Jiangsu Province, with a total area of 344 mu. All products are 182*182mm single crystal N-type TOPCon high-efficiency batteries. The project has obtained preliminary procedures such as land certificate, construction permit, and approval of capacity environmental assessment, and the main workshop and auxiliary room have been capped.

  According to the announcement, the registered capital of the target company is 320 million yuan, and Party B contributes 230 million yuan, accounting for 71.82% of the target company. It is proposed to reduce the registered capital of the target company to 120 million yuan, and transfer the unpaid part of the equity, so that Party A will become the controlling shareholder of the target company. Party A plans to contribute 42 million yuan, and after the equity transfer, it plans to occupy 35% of the equity of the target company.

  The signing of this cooperation agreement is conducive to boosting the company’s expansion and layout to the new energy business chain, which is in line with the company’s current business transformation reality. If the formal Equity Transfer Agreement is subsequently signed and the actual operation of the target company meets expectations, it will be conducive to enhancing the company’s future development capability and profitability.

  Aohai Technology plans to spend 50 million yuan to 100 million yuan to buy back shares.

  Aohai Technology announced that the company intends to buy back the company’s shares through the trading system of Shenzhen Stock Exchange in a centralized bidding transaction, which is intended to be used for the company’s employee stock ownership plan or equity incentive. The repurchase amount is not less than 50 million yuan and not more than 100 million yuan, and the repurchase price is not more than 55 yuan per share.

  About 104 million shares held by the controlling shareholder were frozen by the judiciary. ST Caesar: It is not clear why.

  On the evening of November 24th, ST Caesar (SZ000796, share price of 4.71 yuan, market value of 3.782 billion yuan), a leading tourism enterprise, announced that it had received the details of share freezing issued by China Securities Depository and Clearing Co., Ltd. Shenzhen Branch on November 22nd, and learned that about 104 million shares of the company held by the controlling shareholder Caesar Sega Tourism Management Consulting Co., Ltd. (hereinafter referred to as "Caesar Sega") were frozen by the judiciary.

  Specifically, the frozen shares accounted for 12.96% of the total share capital of ST Caesar. According to ST Caesar’s statement in the announcement, Caesar Sega has no other judicial freezing except this freezing matter.

  However, ST Caesar also said that at present, he has not received the relevant explanations of Caesar Sega on the above-mentioned share freezing matters, nor has he received any legal documents sent by the court. The reason for the freezing is still unclear, and he will further verify the reasons for the freezing, continue to pay attention to the follow-up progress, and urge Caesar Sega to inform listed companies in time in accordance with laws and regulations in order to fulfill his information disclosure obligations.

  Since the outbound travel business pressed the pause button due to the epidemic, ST Caesar and other outbound travel head enterprises have begun to look for new performance growth points. Judging from the semi-annual report previously published by ST Caesar, in the first half of this year, the company’s business mainly involved four aspects: tourism business; Air catering and railway catering business; New retail business and destination business.

  In the first half of the year, the catering business accounted for 65.64% of the total revenue; Tourism service income accounted for 20.45%, and food and beverage business income accounted for 13.91%. The third quarterly report in 2022 shows that in the first three quarters of this year, ST Caesar achieved operating income of 285 million yuan, down 63.41% year-on-year; The loss was 260 million yuan, and the basic earnings per share was 0.32 yuan.

  Yahua Group plans to acquire the controlling stake of China-Africa Industrial Subsidiary for US$ 145 million, which indirectly owns overseas lithium mine rights.

  Yahua Group announced that Yahua International Investment Development Co., Ltd., a wholly-owned subsidiary of the company, intends to acquire 70% of the shares of two wholly-owned subsidiaries of China Africa Industrial (Hong Kong) Co., Ltd., and indirectly owns 70% of the rights of four lithium mines in Namibian da Malalan mining area; The total consideration for the acquisition of equity in this project does not exceed USD 145,329,000.

  Yahua Group: It plans to purchase spodumene mineral products from DMCC Company.

  Yahua Group announced that Yahua International, a wholly-owned subsidiary of Yahua Group, signed an Offtake Agreement with Electramin DMCC. Yahua International purchased spodumene mineral products from DMCC Company according to the terms of the agreement, and DMCC Company sold spodumene mineral products to Yahua International according to the terms of this agreement. The delivery quantity of each batch of spodumene mineral products bought and sold under this agreement is 30,000-60,000 tons, which will be delivered in the first quarter of 2023, and at least 500,000 tons of spodumene mineral products will be provided in batches every year.

  Tianyi Lithium Industry, a subsidiary of Tianhua Chaojing, intends to participate in the equity auction of Si Nuo Wei Company.

  Tianhua Chaojing announced that Chengdu Xingneng holds 54.2857% of the shares of Si Nuo Wei Company, and Si Nuo Wei Company owns the exploration right for detailed investigation of lithium mine and quartzite mine in Yajiang County, Sichuan Province. Chengdu Xingneng is currently in bankruptcy liquidation, and its 54.2857% equity of Si Nuo Wei Company will be publicly auctioned on Taobao Ali Assets Bankruptcy Auction Platform from November 25, 2022 to November 26, 2022. Tianyi Lithium intends to participate in the auction of the equity of Si Nuo Wei Company.

  Aipeng Medical has obtained the medical device registration certificate of "Fixed Snoring Stopper" and actively deployed the field of healthy sleep.

  () Announcement: Aipeng Medical Technology (Hunan) Co., Ltd., a wholly-owned subsidiary of the company, has recently obtained the People’s Republic of China (PRC) Medical Device Registration Certificate issued by Hunan Provincial Drug Administration. The product name is Fixed Keeping Snoring Device, which can make the patient’s jaw extend forward and be used for the auxiliary treatment of sleep snoring or obstructive apnea.

  It is reported that the "fixed snorer" is the result of the company’s research and development project "snoring oral appliance". The company actively lays out the market segment of airway health management-the field of healthy sleep. At present, it has products such as sleep AI snoring monitoring software, Ambulang portable multi-channel sleep recording system, and oxygen saturation sensor. With the approval of the registration certificate of fixed snorer, the company has products that can directly relieve or treat mild and moderate OSA and snoring in addition to sleep monitoring and recording, which enriches the types of products used in the company’s sleep field and can better open up the market.

After 33 years, I finally saw the masterpiece horse thief in Cannes!

Special feature of 1905 film network After the film directed by Tian Zhuangzhuang, the fifth generation director of China, was released in 1986, the audience couldn’t understand it because it was too small and had a poor reputation. At that time, he left a "cruel remark": "My film was made for people in the next century".

 

Although Tian Zhuangzhuang clarified that this was a joke, more than 30 years later, horse thief really crossed the century and came to Cannes Film Festival for its premiere with a totally new look of 4K48 Tibetan dubbing.

On May 17th, Tian Zhuangzhuang came to the premiere under the guidance of Fu Mao, the artistic director of Cannes. He recalled that he was invited to Cannes during the filming of horse thief in 1985, and 34 years later, he revisited his hometown with horse thief, which was very predestined.

 

Cannes Classic Unit was founded in 2004. In the past 15 years, Chinese films selected for this unit have been selected. This time, the restored version of "horse thief" is the first time that an independent restored film from the mainland of China has been selected for this unit, and another domestic restored film has also been selected.



After the release of horse thief, we talked with director Tian Zhuangzhuang, photographer Hou Yong and relevant persons responsible for restoration and overseas distribution about this restored version of past lives. This film goes to the world in the form of restoration, which also opens a new way for other China classic films to open up international visibility and audience.

 

Horse thief has been restored three times.


Horse thief was once listed by martin scorsese as one of the top ten personal films in 1990s, and also highly praised by movie master Bertolucci and Evans.


The film tells the story of a poor Tibetan herder, Rolb, who steals horses for a living and struggles with his family between making a living and faith. It is a film that dilutes the story, breaks through the narrative tradition, and has both practical significance and religious color.

 

However, the film’s dirty spots, scratches, particle jitter and fading over time have greatly affected the viewing effect of the film. In 2017, the restoration team of China Film Archive began to repair the film.


After three times, for the first time, it was repaired with 2K technology. After reading it, Tian Zhuangzhuang found that there was a big problem, so he asked the photographer Hou Yong to supervise it. For the second time, it further adopted 4K and 48-frame restoration projection technology to improve the restoration effect.

 

Hou Yong introduced us that he first adjusted the frame, "If you don’t adjust it, it will really be finished. The frame is wrong, not 1: 2.35, but it seems to be cut into a feeling of 1: 1.6 or 1: 1.85." Secondly, he gave advice on color matching. He and Tian Zhuangzhuang insisted that the color of the picture should not be too bright. "Now the digital color is fake and calculated, because there is no film now, everyone has long since.

 


At the same time, there are some detailed adjustments. For example, a picture of a night play taken on a daily basis, the first repair version is still adjusted to the brightness of the day, and the second repair is close to the feeling of a night play. Hou Yong said frankly that his participation was to restore and get closer to the color sense of the film and the desired picture effect when shooting at that time.

 

Tian Zhuangzhuang didn’t personally participate in the restoration process. He said that his only advice was to find Tibetan audio tracks, because Tibetan is more authentic and natural than Chinese dubbing. Three months after the idea was put forward, China Film Archive found the Tibetan sound file from France and re-made it into 5.1 channels, which also contributed to the completion of the latest Tibetan restored version.


Judging from the screening effect in Cannes, the quality of the film is very clear, and there are also very pleasing colors. Tian Zhuangzhuang also praised us: "This is the best of all the restored versions of the fifth-generation film I have ever seen."



Zuo Heng, the representative of China Film Archive, also came with Tian Zhuangzhuang and his party this time. He deeply regrets the restoration process of horse thief:


"Restoration is a very delicate state. For example, we think that the film is a little dim and needs to be brightened, but this may not be what the director and photographer wanted at that time." It is precisely because of the guidance of the creative team such as Hou Yong that the restoration effect is closer to the original appearance.

 

As for the early domestic films, Zuo Heng revealed that he could only get information from the director’s notes, review articles, photos and other documents at that time to repair them. "Just like repairing the old mural, it may have been painted by Leonardo da Vinci, but later generations should repair it, whether it is right or wrong, even if there is a mistake, there should be an aesthetic embodiment."


How to restore the film to the world


Digital restoration technology has brought a new round of criticism of classic films, and re-examined the artistic value and historical value of films, and the international market of restored films has also become active in recent years.

 

Zuo Heng told us that the current overseas distributors are very interested in classic old films. Compared with the new films, it takes a lot of energy to make publicity. Most of the old films have passed the time certification, and they can log in to cinemas, online platforms or make DVDs in various countries through multi-channel and sub-regional distribution.

 


Xie Meng, head of Chek Lap Kok Culture, led the overseas distribution of the restored version of horse thief. He introduced the film to Cannes as their first stop. "Through the platform of Cannes Film Festival, it can be introduced to more filmmakers, curators of other national film archives or overseas distributors, and then they will take the film to their respective markets or film festivals."

 

Next, they will take the restored version of horse thief to the second stop of overseas promotion: Lyon Film Festival, because there is a distribution market dedicated to the restoration of classic films.

 


Xie Meng believes that there is a certain profit margin in overseas distribution of domestic classic restoration films, which can be released as a new film model with relatively simple operation.


He also said that whether it is cultural activities organized by the government, exchanges in film festivals, or promotion through international sales channels, the most important thing for China to restore classic films to the world is the film content itself. "What kind of content is released in what channel will determine the width and breadth of the final spread."

 


In addition to the restored version of horse thief and the restored version of Diary of a Nurse, which will premiere in Cannes, there will be many domestic classic restored films, such as (1965) and (1956) and 2-3 4K restored films planned by China Film Archive every year, and this international trip of horse thief will also enable them to go global in the future and gain more effective promotion experience.


Tank 300 diesel spy photos exposure! The tough guy’s shape is still the same, with a length of 4760mm and a length of 2.4T+135kW

Recently, spy photos of diesel camouflage cars have been exposed on the Internet, which has caused a lot of concern and heated discussion in the car circle, especially in our off-road vehicle circle, and the topic is quite hot.

As we all know, Tank 300, as a star model under the tank brand, is full of powder with its tough appearance and strong off-road capability.

So, what surprises will this upcoming diesel version bring us? Today, I will take you riders to find out!

Let’s talk about the appearance first. From the spy photos, the design of the tank 300 diesel version is basically the same as that of the current gasoline version, and it is still the square and tough guy shape.

The iconic round headlights, three horizontal chrome-plated grilles, black wheel eyebrows, and external spare tires, none of these classic elements have fallen.

In terms of size, it is expected to be the same as the gasoline version, with a length, width and height of 4760/1930/1903 mm and a wheelbase of 2750 mm respectively. In a word, in appearance, the diesel version has not brought us much freshness, so the Yan controllers may be disappointed.

But don’t worry The real drama is inside. The biggest change of the tank 300 diesel version this time is that it is equipped with a diesel "heart".

Although the official has not announced the specific parameters, according to the analysis of speculation, there is a high probability that it will be equipped with the existing 2.4T diesel engine of Great Wall. This engine has a maximum power of 135 kW and a peak torque of 480 Nm, matching the 9-speed automatic gearbox.

You know, one of the great advantages of diesel engine is its low torque and strong strength, which is too important for off-road driving.

You riders may wish to imagine that when facing steep slopes and muddy sections, the powerful torque output of the diesel version of tank 300 can make you get out of trouble more easily, and it is exciting to think about it!

Anyone who knows the market should know that the diesel SUV market has been vacant, so can the tank 300 "ride the dust"? Speaking of it, there are not many SUV models equipped with diesel engines in the domestic market, and there are even fewer at the same level.

At present, the most representative version is Blade Hero Edition, which is equipped with a 2.0T diesel engine, and the price is between 155,800 and 189,800 yuan. In contrast, the tank 300 is better in both brand power and overall configuration.

Of course, diesel engines also have some inevitable disadvantages, such as noise and vibration are more likely than gasoline, and emissions are easy to become a problem.

However, with the progress of technology, these problems are gradually improving. Then with the technical strength of the Great Wall, we should be able to balance the relationship between performance and environmental protection.

In Nianhan’s view, the main purpose of launching the diesel version of Tank 300 is to further enrich the product line and meet the needs of more users. After all, there are not a few riders who like the unique driving experience of diesel vehicles.

Moreover, in some specific use scenarios, such as long-distance crossing and high-load transportation, the advantages of diesel vehicles are indeed more obvious.

Of course, the final market performance depends on the price and configuration. If the diesel version of Tank 300 is reasonably priced and rich in configuration, coupled with its own hard-core cross-country genes, it should be able to attract a large number of loyal fans.

Dear riders, what do you think of the prospect of the tank 300 diesel version? Is the diesel engine a plus item or a minus item for you?

Still worried about OBD? The article takes you to understand OBD.

[Original of Truck House] In the second half of 2020, the elimination of diesel vehicles entered a sprint stage, and many card friends had no time to respond. Recently, they were informed that Jiangsu, Hebei, Zhejiang, Shandong and other places required diesel trucks to be equipped with OBD online monitoring platforms, and some cities even made it clear that the national five diesel vehicles with a capacity of more than 3.5 tons should also be equipped, otherwise they would not be able to be examined annually.

Still worried about OBD? The article takes you to understand OBD.

Although I have introduced a lot about OBD to you before, there are still many card friends who don’t know what OBD is. Today we will give you a detailed introduction.

OBD is the abbreviation of English On-Board Diagnostics, and Chinese translation is "on-board automatic diagnosis system". Its installation is to install a small black box on the car, which is commonly known as the "T-BOX" in the industry.

Still worried about OBD? The article takes you to understand OBD.

It can read the vehicle data parameters and information, monitor the running status and the working status of the exhaust aftertreatment device in real time, and more importantly, upload the read vehicle emission data to the government online monitoring platform.

Still worried about OBD? The article takes you to understand OBD.

When the fault related to emission engine is detected, OB can alert the driver with MIL lamp, which can prompt the driver in time and reduce vehicle emission. In addition, OBD system also helps technicians to diagnose quickly, repair symptomatically and reduce maintenance costs.

Still worried about OBD? The article takes you to understand OBD.

When licensing, some areas will strictly require car owners to install OBD, and will verify whether the emission monitoring function is available online. It is understood that the installation cost of general OBD remote terminals is around 1000-2000, and later data uploading will also generate certain traffic costs. At present, some vehicles on the market can be equipped with the original T-BOX, and some are installed at the vehicle management office.

Zhengzhou:In September, 2019, Zhengzhou Bureau of Ecology and Environment issued a document requesting that heavy-duty diesel vehicles (with a maximum total mass of 3.5 tons or more, excluding police and fire-fighting license plates) with emission standards above and above be equipped with remote online monitoring OBD system.

Vehicles registered in Zhengzhou before September 5, 2019, and the registered owners of vehicles are individuals, individual industrial and commercial households, enterprises and other non-financial social organizations, the government will provide financial subsidies, and vehicles can be equipped with OBD system for free.According to requirements,The deadline for financial subsidies is December 31, 2019.

Still worried about OBD? The article takes you to understand OBD.

Puyang:Provide the owner with OBD equipment free of charge in the early stage, and install it compulsorily in the later stage, and the expenses shall be borne by the individual. From July 2020, vehicles without OBD will be listed as key supervision targets. The vehicle mainly maintains the normal use of OBD, and it will not be able to be examined annually for vehicles that are dismantled or modified without permission and that are not required to install and use OBD.

Still worried about OBD? The article takes you to understand OBD.

Luoyang:Diesel vehicles registered in Luoyang with a maximum gross mass of 3500kg and above and emission standards of National IV and above need to be installed.

Still worried about OBD? The article takes you to understand OBD.

During the period from May 2020 to the end of July 2020, individuals, individual industrial and commercial households, enterprises and other non-financial social organizations registered in Luoyang can apply for installing vehicles with 0BD remote online monitoring system, and they can enjoy financial subsidies if they operate normally on the Internet after installation.

The subsidy standard is 50% of the total installation cost (including vehicle terminal fee and three-year traffic fee, etc.). Vehicles applying for installing OBD remote online monitoring system after August 2020 will not be subsidized.

Vehicles installed with OBD remote on-line monitoring system and networked with the eco-environmental department can be exempted from on-line inspection during regular emission inspection.

From May 1, 2019, Zhejiang will officially implement the Emission Limits and Measurement Methods of Diesel Vehicle Pollutants (Free Acceleration Method and Loading Deceleration Method) (GB3847-2018).

It means that in the future annual inspection, the integrity inspection of pollution control devices, OBD inspection of some vehicles and NOx emission inspection of diesel vehicles will be added in the vehicle appearance inspection.

Still worried about OBD? The article takes you to understand OBD.

Hangzhou:In October 2018, Hangzhou Environmental Protection Bureau issued the Notice of Hangzhou Environmental Protection Bureau on Implementing Online Access of OBD for Newly Registered Heavy Diesel Vehicles.

Still worried about OBD? The article takes you to understand OBD.

Heavy-duty diesel vehicles (the maximum gross mass of vehicles is greater than 3.5 tons) are required to install the emission T-BOX system to realize the function of OBD online access. Hangzhou is the first region to introduce the vehicle emission online monitoring policy.

Ningbo:It is required that all heavy-duty diesel vehicles of National Five and above implement OBD online access. Related equipment, installation and network costs are guaranteed by special financial funds, but the total number is controlled within 10,000 vehicles, and the owners will install them at their own expense later.

On January 11th, 2020, the Third Session of the 13th People’s Congress of Hebei Province passed the Regulations on the Prevention and Control of Pollution from Motor Vehicles and Non-road Mobile Machinery in Hebei Province.

Article 14 requires that heavy-duty diesel vehicles and heavy-duty gas vehicles produced and sold in Hebei Province be equipped with remote emission management vehicle terminals, and be networked with the competent department of ecological environment, which will be implemented from May 1.

Still worried about OBD? The article takes you to understand OBD.

TangshanOn February 20th, 2020, Tangshan City Bureau of Ecology and Environment issued the Notice on Developing Remote Online Monitoring and Networking of Heavy-duty Diesel Vehicles, requiring that heavy-duty diesel vehicles have the function of remote online monitoring and networking with the ecological and environmental departments, which will be put into trial operation on March 1st and formally implemented on April 1st.

Still worried about OBD? The article takes you to understand OBD.

Renqiu City:All heavy-duty diesel vehicles (with a maximum gross mass of more than 3.5 tons) that are being put into use and have emission standards above the national standard 4 need to be equipped with on-line OBD monitoring devices. All key vehicle units in the city need to report vehicle information to the Motor Vehicle Management Section of Renqiu Branch and declare the installation of OBD.

Still worried about OBD? The article takes you to understand OBD.

The public security traffic police brigade will restrict the vehicles that fail to report the information within the time limit and are not equipped with online OBD to pass within the built-up area of the city; Punish vehicles with excessive exhaust emissions.

In addition, it is pointed out that all heavy-duty diesel vehicles operating under Grade III will be eliminated by the end of October 2020.

Xingtai

A few days ago, Xingtai City Transportation Bureau issued a notice saying that in order to strengthen the control of motor vehicle exhaust, it is necessary not only to implement the I/M system for motor vehicle inspection and maintenance, but also to install OBD for national four and Israeli oil vehicles.

On January 18th, 2020, the Third Session of the 17th People’s Congress of Tianjin adopted the Regulations of Tianjin Municipality on the Prevention and Control of Pollution from Motor Vehicles and Non-road Mobile Machinery.

Article 18 requires that heavy-duty diesel vehicles and heavy-duty gas vehicles should be equipped with remote emission management vehicle terminals in accordance with the relevant provisions of the state and this Municipality and networked with the competent department of ecological environment, which will be implemented from May 1.

Still worried about OBD? The article takes you to understand OBD.

Taizhou:In order to further strengthen the comprehensive supervision of diesel trucks, Taizhou City acted quickly and took the lead in opening the OBD remote online monitoring platform for heavy diesel trucks in the province.

Still worried about OBD? The article takes you to understand OBD.

Weifang: Diesel motor vehicles registered in Weicheng District, with the approved load of 3.5 tons or above owned by enterprises or individuals and the emission standard of National Five include trucks, muck trucks, municipal vehicles (such as sanitation vehicles) and logistics vehicles.

Organize qualified car owners to install OBD equipment free of charge before October 31, 2020.

Liaocheng:Before the end of 2020, the owners of heavy-duty diesel trucks in Liaocheng, Shandong Province, all, muck trucks and sanitation vehicles must be equipped with OBD remote online monitoring system. September 15th-30th is the first installment time, and the second installment time is to be announced. Currently, the installation is free.

Jinan:From September 1st, 2020, all diesel trucks registered in the administrative area of Jinan City (including the transfer from other cities) with the maximum gross mass or traction gross mass greater than 3500Kg, the emission stage of which is the fifth national motor vehicle pollutant emission standard, and equipped with on-board diagnostic system (OBD) and selective catalytic reduction technology (SCR) devices must be equipped with on-board terminals and networked with the municipal ecological and environmental departments.

Still worried about OBD? The article takes you to understand OBD.

Before December 31st, 2020, if the installation and networking of on-board terminals are completed according to the Technical Requirements for Remote Monitoring of On-board Emission Diagnosis System of Heavy Diesel Vehicles in Shandong Province, the terminal hardware, terminal installation, daily operation and maintenance and other expenses will be paid by the government in the form of purchasing services.

From January 1, 2021, all the expenses will be borne by the vehicle owner.

Yantai:OBD remote monitoring system will be installed on 8,000 heavy-duty diesel vehicles in Yantai to monitor the exhaust emission of freight vehicles in real time.

Still worried about OBD? The article takes you to understand OBD.

Qingdao:Heavy-duty diesel vehicles in the city are required to install OBD, and the vehicles that are not installed will be monitored and supervised.

Linyi:In Pingyi County, 1,000 muck trucks, concrete mixers, sanitation trucks, postal trucks, diesel buses, highway passenger vehicles and diesel trucks with a total mass of more than 3.5 tons are installed free of charge by OBD.

The third-party service provider selects Pingyi Chensheng Repair Shop and Pingyi Transportation Repair Shop as the installation cooperation unit to provide fixed-point installation services.

●  Editor’s note:

Finally, I need to remind you that vehicles that have been dismantled, modified or not installed and used with OBD may not be able to be examined annually in the later stage. Therefore, after the OBD is installed, it is necessary to maintain the normal use of OBD.The control of truck exhaust emissions is of great significance for winning the blue sky defense war. I believe that all provinces and cities will accelerate the installation of OBD remote emission management vehicle terminals.


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Star Era ET orders exceeded 13,000+units, and Guangzhou was listed in shock on May 9.

Star Era ET orders exceeded 13,000+units.

On May 4th, Huang Zhaogen, general manager of Star Way Marketing Center, announced through social media that the order volume of Star Era ET has exceeded 13,000 units, and predicted that the new car will be officially released in Guangzhou on May 9th. This model has been booked since April 15, and the pre-sale price has jumped from 199,000 yuan.

The appearance of Xingjiyuan ET follows the brand’s family design style. The front end adopts a closed middle net with penetrating LED daytime running lights, and the front bumper is skillfully integrated with far and near lights, which is both beautiful and practical, and also has the characteristics of lighting interaction. The side lines of the car body rise slightly, showing the dynamic feeling of sprinting forward. The size is 4955mm x 1975mm x 1698mm, and the wheelbase reaches 3000mm, which is positioned at the level of medium and large SUV. The rear part of the car has smooth lines, equipped with through-flow taillights echoing the front face, and built-in 262 LED beads, which significantly improves the recognition.

The interior design takes the concept of "Welcome Home" as the core, aiming at creating an extremely comfortable driving environment. The car is equipped with a full LCD instrument, a dual-spoke multi-function steering wheel and a 15.6-inch 2.5K resolution central control screen. The integrated Lion AI intelligent system supports a variety of home scene applications, such as car home interconnection, baby mode, pet mode and karaoke mode, etc., totaling 20 kinds of intelligent scenes.

In terms of power, Star Age ET provides two versions: pure electric and extended range. Pure electric vehicles are divided into single-motor and dual-motor versions: the single-motor version has an output power of 230kW and a peak torque of 425Nm;; The dual-motor version is divided into PRO and Ultra. The PRO version has a comprehensive power of 353kW and an acceleration of 4.7 seconds at 0-100km/h; The comprehensive power of the Ultra version is as high as 413kW, and the acceleration of 0-100km/h can be completed in only 3.8 seconds. The battery capacity is available in 77kWh and 100kWh. The extended-range version is equipped with a 1.5T range extender, with a motor power of 195kW, an acceleration of 7.8 seconds at 0-100km/h, a pure electric driving range of 200km and a total endurance of over 1,500km.

Xingjiyuan ET is extremely rare in the market because of its positioning of medium and large SUVs with a price of less than 200,000 yuan. In addition, its excellent design, performance, endurance and rich configuration attracted more than 13,000 orders in the pre-sale stage within half a month, which shows its market appeal.

Star Era ET orders exceeded 13,000+units.

Snack parity era: Yanjin shop earned, good shop panicked? | Commercial War 2024④

The leisure snack industry, which has been hit by discount, is shuffling.

Recently, the 2023 annual report and the first quarter report of 2024 of leisure and snack listed companies were fully disclosed, and their performance can be described as "two days of ice and fire":

Although last year, the good shop still sat firmly on the throne of "king of revenue", its net profit was overtaken by Yanjin shop, whose revenue was only half of it.

In the first quarter of this year, good shops returned to the right track in revenue, but their net profit continued to decline. On the other hand, the competitor Yanjinpu, the net profit of revenue has increased significantly.

Many voices attribute the joys and sorrows of performance to the gains and losses of channel war. In the past few years, the snack sales model has quietly changed. The rise of discount snacks is eroding the space of traditional snack sales channels.

The two "shops" in the snack industry, one sued Zhao Yiming, while the other threw 350 million yuan on it.Snacks henmang groupThe "big ship".

Standing at the outlet of discount snacks, it is a different choice for "shops". Yanjin shop really made a profit, and the good shop really lost?

Net profit overtaking

In terms of revenue scale, good shops are still the well-deserved kings of leisure snacks.

In 2023, Liangpin Store achieved a revenue of 8.046 billion yuan, ranking first among 19 A-share snack food listed companies.

Although firmly sitting on the "one brother in revenue", the good shop has ushered in a double decline in net profit for the first time since landing in A shares:Revenue decreased by 14.76% compared with the same period of last year.,Net profit is almost halvedTo 180 million, a year-on-year decrease of 46.26%; Deducted non-net profit was only RMB 65 million, a year-on-year decrease of 68.82%, leaving only RMB 65 million.

From the data point of view, this is the lowest revenue of good shops in the past three years, while net profit and non-net profit have hit a new low in the past six years.

In the first quarter of this year, although the revenue of good shops recovered to 2.451 billion yuan,However, the net profit attributable to the mother and the non-net profit deducted were 62 million yuan and 55 million yuan respectively, down by 57.98% and 48.69% year-on-year, continuing the trend of sharp decline.

The decline in performance and the slowdown in growth have also accelerated the departure of capital. On May 18th, Liangpin Store issued two announcements in succession, saying that due to their own capital needs, Ningbo Hanyi and Dayong Co., Ltd. each planned to reduce their holdings by no more than 12.03 million shares, accounting for about 6% of the company’s total share capital.

Among them, Dayong Co., Ltd. is the second shareholder of Liangpin Store, and today’s capital is behind the famous venture capital institution. Since 2010, capital has become a "friend" of good shops, and now the major shareholders have lost patience.

On the other hand, Yanjin Shop is a "dark horse" in the industry.Submitted a goodReport card

According to the data of the annual report, Yanjinpuzi achieved a revenue of 4.115 billion yuan in 2023, a year-on-year increase of 42.22%; The net profit of returning to the mother was 506 million yuan, up 67.76% year-on-year, and both revenue and net profit reached record highs.

In fact, the revenue of Yanjin Shop in 2021 was less than a quarter of that of good shops, but in the past two years alone, this figure reached half. What is more exaggerated is that less than half of the revenue in 2023, the net profit is 2.81 times that of a good shop.

In the first quarter of this year, Yanjin Shop continued to maintain its growth momentum, with revenue reaching 1.223 billion, up 37% year-on-year. The net profit attributable to shareholders of listed companies was 160 million yuan, up 43.10% year-on-year, which also far exceeded that of good shops.

In the secondary market, good shops and competitors are also in sharp contrast.

As of the close of May 28, the total market value of good shops was about 5.53 billion yuan. However, its market value peaked in July 2020, once exceeding 34 billion yuan. In other words, the market value of good shops has shrunk by more than 80% from its peak.

In particular, the market value of good shops at the peak period is higher than that of Yanjin shops in the same period.More than 10 billion.now,The wind and water turn, and the total market value of good shops is onlyremainYanjin Puzi’sfourOk.

At the same time, "shop", why is the fate very different?

Channel dispute

In recent years, the snack industry has ushered in major changes, and discount snacks have become "new favorites", and consumer preferences have gradually changed to "cost performance".

The impact of the ultra-low price of discount snacks,Give way to positionhigh-end"Our good shop is very hurt.Falling revenues are telling good shops that they are getting farther and farther away from consumer demand.

In fact, good shops have also gone off to test the water discount snack track.

On the one hand, in 2022, Liangpin Store launched the snack collection store brand "Snacks Hard Home", but the effect was not ideal. At present, this brand has not yet left Hubei, and it is difficult to form a confrontation with the head.

On the other hand, in February 2023, Liangpin Shop and Black Ant Capital jointly invested in Zhao Yiming Snacks, and this round of financing was 150 million yuan. Only after half a year, the good shops were emptied.Zhao Yiming snacks equity, get about 60 million yuan investment income.

It was not until the snacks were busy and Zhao Yiming snacks announced the merger, and they sat firmly at the top of the discount snacks, and the good shops realized themselves.byKick out”,failAt the discount snack trackminuteLast drinkthick soup.

In either case, in the new round of opportunities, good shops are left behind.

Just as Liangpin Shop sued Zhao Yiming for "deliberately concealing the company’s major events and damaging the minority shareholders’ right to know", Yanjin Shop boarded the "big ship" of the Snacks Busy Group.

Last December,,Yanjin Puzi Holdings announced that it had invested 350 million yuan in Snacks Busy Group and acquired a 3.3175% stake in the latter. Talking about this investment, Zhang Xuewu, the chairman of Yanjin Puzi Holdings, believes that this cooperation marks that manufacturers join hands with distributors to create efficient channels.

But is such an investment worthwhile? To a large extent, running all the way, who has made great achievements in Yanjin Shop, has made great efforts in selling snacks.

As early as 2021, Yanjin Shop chose to lay out the volume distribution, trying to change the sales channels, from relying on offline stores to new channels such as e-commerce and snack shops, supplemented by large supermarkets.

The effect of the reform is also remarkable..

Yanjin Puzi’s 2022 annual report shows that,Snacks are very busy, contributing 210 million yuan in sales to become the largest customer of Yanjin Puzi.,This sales accounted for 7.31% of the total revenue.,Almost the sum of the last four customers. In 2023, snacks were very busy, and the group’s sales reached 509 million, accounting for 509 million.It jumped to 12.38%At the same timeNew retail and other channels have become the main revenue sources of Yanjin Shop, accounting for more than 70% of the revenue.

Whether it is a good shop or a Yanjin shop,BothbeLooking for the increment in the channel, but Yanjin Shop took the lead in seizing the dividend.,Become the most eye-catching one in the snack enterprise in one fell swoop.

Profit puzzle

althoughBoth are "shops" with different licensing strategies, but under the impact of discount, both sides are facing similar problems: it is increasingly difficult to make money.

Discount formatIn vogue, inForcedsnackPlayers cut prices.,Providing cost-effective snacks is also eroding.wearTheir gross profit performance.

Let’s look at the good shop first.WatchHigh end snacks"After the road gradually narrows,At the end of last year, Liangpin Store implemented the strategy of "the largest price reduction in 17 years" and announced a large-scale price reduction for its 300 products, with an average price reduction of 22% and the highest drop of 45%.

But price reduction is a "double-edged sword". Through price reduction, the good shop earned revenue in the first quarter of this year.Year-on-year growth of 2.79%The price is that the net profit has fallen by nearly 60%.Increasing income does not increase profit,letBestoreCamp recovery and warmthThe "surprise" brought is greatly reduced.

Besides,In 2023, the gross profit margin of the main business of Liangpin Shop can still be maintained at about 28%. After the price reduction, the gross profit margin in the first quarter of this year has dropped to about 26%., in the same industry at a low level.

On the other sideYanjin puzi, also facing the pressure brought by the price.

Looking at it for a long time, the Yanjin shopGross profit margin is also falling.The data shows that from 2020 to 2023, the gross profit margin of Yanjin Shop was 44%, 36%, 35% and 34% respectively. In the first quarter of 2024, the company’s gross sales margin dropped to 32.1%.

Yanjinpuzi explained that the year-on-year decline in gross profit margin in the first quarter of 2024 was mainly due to changes in channel structure, and the decline in the proportion of direct KA revenue led to a decline in the overall gross profit margin of the company.

In other words, the new retail channels that Yanjin Store relies on at present have lowered the gross profit margin.

One income increase does not increase profits, and the other gross profit margin is under pressure. Jiang Han, a senior researcher at Pangu think tank, told xiaoxiang morning herald Pepper Finance reporter that the discount price war has greatly reduced the profit margin of enterprises. In the long run, the profitability of enterprises will be seriously affected, and even losses may occur.

At the same time, he also believes that the price war weakens the innovation power of enterprises. Under the pressure of price war, enterprises often put more resources and energy into reducing costs and expanding production scale, while ignoring product innovation and quality improvement.

At present,The price reduction strategy of good shops and the deep cultivation of Yanjin shops are allMining "cost performance".

"Leisure snacks have entered a cycle of’ parity’." existChina food industry analyst Zhu DanpengIt seems that,Leisure and snack enterprises should not only consider "cost performance", but also "quality-price ratio". "In the next three years, enterprises with both cost performance and quality price ratio will develop better, and enterprises with better online and offline integrated operations will be evergreen."

Although the current two "shops" are changing in the marketShowed different living conditions.However, the competition of snacks is still going on. How can it be reversed after three years?

At least, in the future with both cost performance and quality price ratio,The new contest will also start again.

Xiaoxiang morning herald Chili Finance Reporter Luo Yaqi Chen Shizhen

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