<h2>Top events</h2>
[LeTV Network: If the stock price falls sharply, Jia Yueting cannot add a guarantee or change the actual controller in time] LeTV issued a stock price change announcement saying that there are no major matters that should be disclosed but have not been disclosed. In addition, the company also warned the risk that at present, Jia Yueting holds 1.024 billion shares of the company, accounting for 25.67% of the total share capital, of which 1.0195 million shares have been pledged to financial institutions. If the company's stock price falls sharply, and Jia Yueting is unable to add additional guarantees in time, the financial institution will have the right to dispose of the pledged equity, which may lead to a change in the actual controller of the company. Note: In the secondary market, LeTV has fallen for two consecutive trading days since the resumption of trading.
[Shunwei shares: the largest shareholder is suspected of manipulating securities, Huaan Securities will force the liquidation of 1% of its shares] Shunwei shares announced on the evening of January 25, the largest shareholder Jiang Jiuming was suspected of manipulating the securities and futures markets was submitted to judicial proceedings, Huaan Securities forced the liquidation of its 1% shares; as of the announcement disclosure date, Jiang Jiuming held 28% of the shares, and the cumulative pledge of 27.5% of the shares, accounting for 98.21% of the shares held by it. Earlier, Huaan Securities announced that it sued Jiang Jiuming, a shareholder of Shunwei Shares, demanding that Jiang Jiuming repay the principal of the financing and pay interest and other payments, totaling 925 million yuan. Shunwei shares, which have been stopped for 7 consecutive trading days, staged a "ground and sky board" trend today, and the end of the market was sealed at 8.42 yuan / share.
<h2>Focus Company</h2>
【Thousand Yam Machine: Some Shareholders Pledge Shares Fell Below the Closing Line】 Qian Yam Machine announced on the evening of January 25 that the shares pledged by Zhong Bo, Wang Guohua and Peng Xunde, one of the actual controllers of the company, fell below the closing line on January 24, and the pledged shares fell below the closing line without causing a change in the actual control of the company. The shares of the company held by shareholder Wang Guohua were judicially frozen, and the shares of the company held by Liu Xianghua and Deng Tieshan were frozen by the judiciary; the company failed to pay off some of its due debts due to difficulties in capital turnover.
【Hongqi Chain: Controlling Shareholder Completes Transfer of Shares Yonghui Supermarket Becomes second Largest Shareholder】Hongqi Chain announced that Cao Shiru, the company's controlling shareholder and actual controller, and his co-actors will transfer a total of 122 million shares of the company and their corresponding shareholder rights and interests to Yonghui Supermarket, accounting for 9% of the company's total share capital. The transaction party has completed the transfer registration procedures on the 24th. After the completion of the transfer, Yonghui Supermarket holds 286 million shares of the company, accounting for 21% of the total share capital, and is the second largest shareholder of the company.
【Lizhu Group: The company has abundant funds and has the conditions for the distribution of this profit】 Lizhu Group replied to the inquiry letter of the Shenzhen Stock Exchange on January 25, 2017, with a cumulative undistributed profit of 4.164 billion yuan and a cash of 6.494 billion yuan on the books of the parent company, the company has abundant funds, good cash flow, and has the basis for implementing distribution according to the profit distribution plan proposed by the controlling shareholder. (Lizhu Group previously announced that it intends to pay 20 yuan for every 10 shares to 3 shares, which was inquired by the Shenzhen Stock Exchange)
【Zhangjiagang Bank: Shareholders with abnormal stock price decline of more than 5% do not have trading situations】 Zhangjiagang Bank announced on the evening of January 25 that the deviation of the closing price decline of the company's stock for two consecutive trading days has reached 20.10%, which is an abnormal fluctuation of the stock. Shareholders who hold more than 5% of the company's shares do not have material matters that should be disclosed but have not been disclosed, nor are there any cases of buying or selling the company's shares during periods of abnormal stock trading fluctuations.
Image source: Visual China
<h2>Material Disclosures</h2>
[Huaan Securities: Suing Jiang Jiuming, a shareholder of Shunwei Shares, for violating the stock pledge agreement] Huaan Securities announced that the company, as the manager, on behalf of "Anxing No. 23", sued Jiang Jiuming, a shareholder of Shunwei Shares (002676), for violating the stock pledge business agreement. Huaan Securities said that Jiang Jiuming raised 835 million yuan in August 2016 with a pledge of 153 million shares of Shunwei shares, and as of June 2017, Jiang Jiuming paid a total of 43.43 million yuan in interest, and then did not pay interest, and did not perform the repurchase obligation as agreed after maturity, constituting a serious breach of contract. Huaan Securities required Jiang Jiuming to repay the principal of the financing and pay interest and other payments, totaling 925 million yuan.
【China Railway Construction: 1.51 trillion new contracts signed in 2017, an increase of 24% year-on-year】 China Railway Construction announced that the company's new contracts signed in 2017 were 1.51 trillion yuan, an increase of 23.72% year-on-year; of which the new contracts signed in the fourth quarter were 661.789 billion yuan. The company's real estate sector signed sales amount of 68.413 billion yuan in 2017, an increase of 38.26% year-on-year.
[Chengdu Road and Bridge: Ordered to make corrections due to untruthful letters] Chengdu Road and Bridge announced that because the information disclosure was inconsistent with the actual situation, the Sichuan Securities Regulatory Bureau took corrective measures against the company. Zheng Yuli, a shareholder of the Company, has maintained a consistent action relationship with Zhou Weigang, Qiu Xiaoling and others since its listing, and the Company's disclosure is inconsistent with the actual situation; the Company's shareholder Zheng Yuli has no actual control of Daochengli Company since June 2016, and the Company's disclosure is inconsistent with the actual situation.
[Shenke Shares: The Actual Controller Conceals the Change of Equity and Is Punished by the Securities Regulatory Bureau] Shenke Shares announced that the Company and related parties received the "Administrative Penalty Decision Letter" issued by the Zhejiang Securities Regulatory Bureau, and He Quanbo and He Jiandong, as the controlling shareholders and actual controllers of the Company, concealed the situation that there were major changes in the shares held by the Company. The CSRC decided to order Shenke shares to make corrections, give a warning, and impose a fine of 500,000 yuan. He Quanbo and He Jiandong were given warnings and fined 900,000 yuan respectively. Chen Lanyan, the secretary of the board of directors, was given a warning and fined 100,000 yuan.
【CSSC Defense: Two subsidiaries intend to implement debt-to-equity swap will be increased by 4.8 billion yuan】 CSSC Defense announced on the evening of January 25 that in order to implement a market-oriented debt-to-equity swap, the company intends to introduce 9 investors, including Huarong Ruitong, Zhongyuan Assets and Xinhua Insurance, to increase the capital of the company's wholly-owned subsidiaries, Guangzhou Shipbuilding International and Huangpu Wenchong, in cash or debt, with a total capital increase of 4.8 billion yuan. After the capital increase, CSSC Defense is still the actual controller of the two enterprises, and the company's asset-liability ratio will be reduced from 72.65% to 62%.
【Xining Special Steel: Controlling Shareholder Plans Equity Structure Adjustment or Change of Actual Controller of the Company】 Xining Special Steel announced on the evening of January 25 that the company's controlling shareholder, Xigang Group, is planning major matters involving the adjustment of the equity structure of Xigang Group, which may lead to a change in the actual controller of the company. The company's shares have been suspended since January 26.
According to Chengfei Integration's reply to the Shanghai Stock Exchange's inquiry letter, the subsidiary AVIC lithium battery lithium battery products have been affected by the decline of national new energy subsidies, and the price has fallen sharply, and the net realizable value is expected to be lower than the cost. According to the company's market research information and the order intention to contact with large customers, well-known domestic car companies have put forward further price reduction requirements for battery companies, and the reduction will reach 20% and above.
[Steyr: Controlling shareholder still has 482 million performance compensation to be paid] Steyr announced on the evening of January 25 that the company received 5 million yuan of performance compensation from the controlling shareholder Yingda Steel Structure. Yingda Steel Structure still has 482 million yuan of performance compensation and corresponding liquidated damages to be paid. Previously, Yingda Steel Promised Steyr Power's net profit after deducting non-deductions in 2016 was not less than 610 million, but the net profit after deducting non-deductions was only 123 million, with a difference of 487 million, triggering the performance compensation commitment. The company has retained a lawyer to file a lawsuit with the Shandong Provincial High Court in this regard.
<h2>Mergers and acquisitions</h2>
[Colin Environmental Protection: Proposed acquisition of environmental governance assets Suspended from tomorrow] Colin Environmental Protection announced that the company is planning major matters related to asset purchases, the target company belongs to the environmental governance category, and the transaction amount is expected to reach the standard that needs to be submitted to the shareholders' general meeting for consideration. The company's shares were suspended from trading on the 26th.
【Dehao Runda: Start the merger and acquisition of LED lighting manufacturing assets】Dehao Runda disclosed the progress of the suspension, the company's suspension originally intended to acquire LED lighting product distribution industry assets, and has reached an acquisition intention with ten related enterprises. At present, the company has decided to initiate the merger and acquisition of a LED lighting manufacturing asset and terminate the original planned acquisition. The acquisition of LED lighting manufacturing assets planned by Dehao Runda will constitute a major asset restructuring.
【Pengqi Technology: Proposed sale of 51% equity of Fengyue Environmental Protection for 1.25 billion yuan】 Pengqi Technology disclosed the progress of major asset restructuring, and the company signed a restructuring framework agreement to sell the 51% equity of Fengyue Environmental Protection to shareholder Cao Liangfa and/or its designated related parties, with a tentative transaction consideration of 1.25 billion yuan. According to the 2016 annual report, Pengqi Technology's net profit in 2016 was 91.69 million yuan, and its business included military, environmental protection and real estate sectors; and Fengyue Environmental Protection's net profit in 2016 was 218 million yuan.
【Maoye Commercial: Proposed acquisition of Chongqing Maoye for 400 million yuan】Maoye Commercial announced that the company intends to acquire 100% of the equity of Chongqing Maoye Department Store Co., Ltd. for 403 million yuan in cash from the controlling shareholder and other related parties. Chongqing Maoye owns a department store (Maoye Jiangbei Store) in The Guanyinqiao Business Circle of Chongqing, with revenue of 367 million yuan and net profit of 22.7779 million yuan in the first 10 months of 2017, and the net profit after deducting non-deductions from 2018 to 2020 is not less than 27.8619 million yuan, 30.2612 million yuan and 32.5098 million yuan, respectively.
<h2>Results Preview</h2>
【Huayi Brothers: Expected profit of 808 million yuan -970 million yuan in 2017】 Huayi Brothers disclosed its 2017 annual performance forecast on the evening of January 25, which is expected to make a profit of 808 million yuan to 970 million yuan, an increase of 0% -20% year-on-year; the cumulative domestic box office is about 5.1 billion yuan, of which "Fanghua" has a box office of about 1.2 billion yuan during the reporting period, and the box office of "Predecessor 3" is about 300 million yuan. "Daddy", which ended in July 2017 with a domestic consolidated box office of $1.295 billion, is a non-Hollywood imported film that has achieved high box office in the mainland market as of the end of the reporting period.
[Shenzhen Konka A: 2017 net profit pre-increase 51 times - 52 times] Shenzhen Konka A disclosed the performance forecast, the company expects net profit in 2017 to be 4.98 billion yuan - 5.08 billion yuan, an increase of 51 times - 52 times year-on-year; earnings per share of 2.07 yuan - 2.11 yuan. In 2017, the company's non-recurring profit and loss is expected to be about 5 billion yuan, mainly for the income generated by the company's transfer of 70% of the equity of Kangqiao Jiacheng Real Estate.
【Zhenghong Technology: 2017 net profit pre-increase 592%-789%】 Zhenghong Technology announced that the company expects to make a profit of 14 million yuan to 18 million yuan in 2017, an increase of 591.53% -789.11% year-on-year. In the same period last year, the company made a profit of 2.02 million yuan. During the reporting period, the gross profit of the company's product sales increased; the land of the company's Jian Milk Bao Branch was collected and stored by the government, and the income was about 7 million yuan.
【LiuGong: 2017 net profit pre-increase 519%-569%】LiuGong announced that the company expects net profit in 2017 to be 305 million yuan - 330 million yuan, an increase of 519% - 569% year-on-year. During the reporting period, the demand for the construction machinery industry has increased greatly, the sales volume of the company's main product lines is higher than the industry growth rate, the operating income has increased significantly, and the cost and expense have been effectively controlled.
【Guangyunda: 2017 net profit pre-increase 270%-300%】Guangyunda disclosed the performance forecast, the company expects net profit in 2017 to be 60 million yuan - 64.85 million yuan, an increase of 270% -300% year-on-year. The company's PCB business maintained a relatively large growth, the SMT business grew steadily, and the sales revenue of the 3DP business increased year-on-year. In addition, Shanghai Jindongtang Technology has been incorporated into the company's consolidated statements since April 2017.
【Fengzhu Textile: 2017 net profit pre-reduction of 44%-53%】Fengzhu Textile announced that the company expects to achieve net profit in 2017 compared with the same period last year, which will be reduced by 25 million yuan to 30 million yuan, a year-on-year decrease of 44% to 53%. During the reporting period, the main business had no significant impact on the company's performance pre-reduction, and the performance pre-reduction was mainly due to the decrease in cash dividends received from Xingye Venture Capital in the current period.
【Huiguan shares: 2017 net profit pre-drop 70%-90%】 Huiguan shares disclosed performance forecasts, the company expects net profit in 2017 to be 12.57 million yuan - 37.71 million yuan, down 70% - 90% year-on-year. During the reporting period, the company sold 92% of the equity of Wangxin Precision, and the investment loss is expected to be about 71 million yuan.
<h2>Major contracts</h2>
【Weihai Shares: Won the bid for 1.27 billion yuan PPP project】Weihai Shares announced that the company recently won the bid for the "PPP Project for the Cultivation and Construction of Small Cities in Meixi Town, Anji County", with a total investment of 1.27 billion yuan, accounting for 57.93% of the company's total operating income in 2016.
【Shenwu Energy Saving: Signed 845 million yuan contract】 Shenwu Energy Saving announced on the evening of January 25 that the company's wholly-owned subsidiary Jiangsu Institute signed a contract with Yingkou Ning, and Yingkou Ning would hand over the engineering design, equipment procurement and engineering construction of the 400,000 tons per year high-carbon ferrochrome project, that is, EPC general contracting work to the Jiangsu Institute for implementation, with a total contract amount of 845 million yuan, which is expected to have a positive impact on the company's operating performance in 2018.
<h2>Increase or decrease holdings</h2>
【OPCOM VISION: Shareholder Suzhou Jiayue intends to liquidate and reduce its shareholding by 5.27%】 OPCOM announced that Suzhou Jiayue Jiuding Investment Center (Limited Partnership), a shareholder holding 6,553,690 shares of the company (accounting for 5.27% of the total share capital of the company), intends to reduce its holding of no more than 6,553,690 shares of the company within 3 months through centralized bidding transactions, block transactions, agreement transfers, etc., that is, not more than 5.27% of the total share capital of the company.
【HailianXun: Zhongke Huitong plans to transfer the shares held by Zhongke Huitong or change to the largest shareholder】Hailianxun announced that the company's largest shareholder, Zhongke Huitong, is negotiating with potential transferees to transfer all the shares of the company held by it (99.9863 million shares, accounting for 29.85% of the company's total share capital), which may lead to a change in the company's largest shareholder and the suspension of trading of the company's shares from January 26.
【Xingqi Eye Medicine: Tongshi Investment intends to reduce its shareholding by no more than 6%】Xingqi Eye Medicine announced on the evening of January 25 that shareholder Tongshi Investment intends to reduce its holdings in a total of no more than 4.8 million shares in a block transaction, centralized bidding or agreement transfer within 6 months, and the shares to be reduced account for 6.00% of the company's total share capital. At present, Tongshi Investment holds 15.075 million shares of the company, accounting for 18.84% of the company's total share capital.
Huakai Creative announced that the company's shareholder Shenzhen Venture Capital intends to reduce its holdings by no more than 7.34 million shares in the next 6 months, that is, not more than 6% of the company's total share capital; the shareholder Cultural Tourism Fund intends to reduce its holdings by no more than 7.34 million shares, that is, not more than 6% of the company's total share capital. At present, Shenzhen Venture Capital holds 15.34 million shares, accounting for 12.53% of the company's total share capital; cultural tourism fund holds a total of 11.11 million shares, accounting for 9.08% of the company's total share capital.
【Jia Kai Cheng: GUODA Group intends to reduce its holdings by no more than 14 million shares】 Jia Kai Cheng announced that Guoda Group, a shareholder holding 8.8% of the company's shares, plans to reduce its holdings by no more than 14 million shares in a centralized bidding manner within 3 months, that is, not more than the total share capital of the company
<h2>Block trades</h2>
On January 25, 2018, a total of 48 large transactions occurred in Shanghai and Shenzhen, with a total transaction of 2.157 billion yuan, involving 37 listed companies. The top five listed companies with cumulative transaction amount are Baosteel shares of 905 million yuan, Hongdou shares of 211 million yuan, Jiashitang 109 million yuan, Modern Avenue 0.97 billion yuan, and Qianhe Flavor Industry 0.96 billion yuan.
(The content of this article is excerpted and adapted from the public disclosure information of listed companies and does not constitute investment advice to anyone.) The content of information disclosure shall be subject to the original text of the listed company's announcement. ）