Announcement Highlights: Huayuan Real Estate plans to set up real estate development business, and 9.48% shares of China Rare Earth are planned to be transferred to Rising Holding Group

【Hot Spots】

Huayuan Real Estate: It intends to transfer the real estate development business to the controlling shareholder

Huayuan Real Estate (600743) announced on the evening of April 26 that the company intends to transfer the assets and liabilities related to the real estate development business held by the company to the controlling shareholder Huayuan Group. The transaction is intended to be in cash and does not involve the issuance of shares. The transaction is expected to constitute a major asset restructuring. After the completion of the transaction, the company will focus on agency construction, hotel management, asset management and operation, property management, urban operation services and other businesses to achieve strategic transformation of the business.

China Rare Earth: The actual controller intends to transfer 9.48% of the company's shares to Rising Holding Group

China Rare Earth (000831) announced on the evening of April 26 that in order to further deepen the reform of state-owned enterprises, optimize resource allocation, practice important measures to ensure the safety of national strategic resources, and promote deeper cooperation between China Rare Earth Group and Rising Holding Group in the field of rare earths, the company's actual controller, China Rare Earth Group, intends to transfer 101 million shares of the company, accounting for about 9.48% of the company's total shares, to Guangdong Rising Holding Group free of charge. After the completion of this equity change, the controlling shareholder of the company is still China Rare Earth Group Industrial Development Co., Ltd., and the actual controller is still China Rare Earth Group.

Qujiang Cultural Tourism: Geng Lin, chairman of the company, was placed in detention

Qujiang Cultural Tourism (600706) announced on the evening of April 26 that the company received the "Notice of Case Filing" and "Notice of Retention in Custody" issued by the Supervision Committee of Shangzhou District, Shangluo City on April 26, and implemented retention in custody on Geng Lin, chairman of the company. Xie Xiaoning performed the duties of the chairman of the company.

Beijing Lier: The subsidiary plans to sell shares in Minsheng Securities and subscribe for shares of Guolian Securities

Beijing Lier (002392) announced on the evening of April 26 that on April 25, Luoyang Lier, a wholly-owned subsidiary, signed the "Cooperation Intent Agreement" with Guolian Securities, and Luoyang Lier intends to sell 147 million shares of Minsheng Securities held by it to Guolian Securities, accounting for 1.29% of its total share capital. and subscribed for A shares issued by Guolian Securities with such shares.

Sophia: The subsidiary plans to sell the shares of Minsheng Securities and subscribe for the shares of Guolian Securities

Sophia (002572) announced on the evening of April 26 that Sophia Investment, a wholly-owned subsidiary, intends to sell 294 million shares of Minsheng Securities held by it to Guolian Securities, accounting for 2.58% of its total share capital, and subscribe for the newly issued A shares of Guolian Securities with the underlying assets.

Zheng Coal Machinery: Terminated the spin-off of its subsidiary, Hengda Intelligent Control, to be listed on the Science and Technology Innovation Board

Zheng Coal Machinery (601717) announced on the evening of April 26 that based on the current market environment and other factors, in order to coordinate the business development and capital operation planning of its subsidiary Hengda Intelligent Control, after full communication and prudent argumentation with relevant parties, the company decided to terminate the spin-off of Hengda Intelligent Control to the Shanghai Stock Exchange Science and Technology Innovation Board and withdraw the relevant listing application documents.

Tibet tourism: the operation of hot air balloons in the scenic area is a tourism project that does not involve a low-altitude economy

Sanlian board Tibet Tourism (600749) on the evening of April 26 issued a stock trading change announcement, saying that recently, the "low-altitude economy" has attracted widespread attention, after self-inspection and verification, the company's hot air balloon operating in the scenic spot is a tourism project, not involving the low-altitude economy.

CNPC Engineering: Signed a project contract of approximately RMB 9.997 billion with Saudi Aramco

CNPC Engineering (600339) announced on the evening of April 26 that China Petroleum Engineering & Construction Co., Ltd., a wholly-owned subsidiary of the company, and Saudi Arabian National Oil Company (hereinafter referred to as "Saudi Aramco") officially signed a turnkey fixed-price contract for domestic procurement and construction on the upgrading and reconstruction project of the booster station for the expansion of the Saudi national natural gas pipeline network, with a contract amount of 5.171 billion Saudi riyals (about 9.997 billion yuan, excluding VAT), and the project will be mechanically completed on December 31, 2027. Due to the long performance period of the contract, the implementation of the contract will have a certain positive impact on the company's operating income and total profit in the next 4-5 years.

Qinghai Spring: The subsidiary was fined 1.8 million yuan for suspected false advertising

Qinghai Spring (600381) announced on the evening of April 26 that the company's subsidiary, Chengdu Tinghua Shengshi Trading Co., Ltd. (hereinafter referred to as "Tinghua Shengshi"), received the "Administrative Penalty Notice" from the Wuhou District Municipal Supervision Bureau of Chengdu on April 25. In the process of selling "Tinghua" liquor in its business premises, Tinghua Shengshi used scientifically inconclusive views and unverified user evaluations on the efficacy of "Tinghua" liquor for the promotion of "Tinghua" liquor, making misleading publicity, and the circumstances were serious. The Wuhou District Municipal Supervision Bureau ordered Tinghua Shengshi to immediately stop illegal propaganda and planned to impose a fine of 1.8 million yuan on Tinghua Shengshi. The company, its subsidiaries and distributors will earnestly learn lessons to prevent the recurrence of this kind of propaganda. The store opened by Tinghua Shengshi will resume business in the near future.

【Mergers & Acquisitions】

Xingfa Group: The subsidiary plans to acquire 100% of the shares of Gucheng Xingfa for 329 million yuan

Xingfa Group (600141) announced on the evening of April 26 that Hubei Xingrui, a wholly-owned subsidiary of the company, intends to acquire 100% of the shares of Gucheng Xingfa New Materials Co., Ltd. (hereinafter referred to as "Gucheng Xingfa") held by Guzhen Company and Xinghe Company, wholly-owned subsidiaries of Yichang Xingfa Group, the controlling shareholder of the company, in cash, with a transaction consideration of 329 million yuan. Upon completion of the transaction, Gucheng Xingfa will become a wholly-owned grandson of the Company. The acquisition of Gucheng Xingfa will effectively fill the company's silica resource gap.

Jidong Cement: A net loss of 1.099 billion yuan in the first quarter plans to acquire China-Africa Building Materials

Jidong Cement (000401) disclosed its quarterly report on the evening of April 26, the company's operating income in the first quarter of 2024 was 3.341 billion yuan, a year-on-year decrease of 35.56%, and the net profit loss was 1.099 billion yuan, compared with a loss of 792 million yuan in the same period last year. At the same time, Jidong Cement announced that in order to realize the overseas layout of cement production capacity, the company intends to acquire 60% of the equity of China-Africa Jidong Building Materials Investment Co., Ltd. (hereinafter referred to as China-Africa Building Materials) held by Jidong Development in cash, and at the same time accept the right of sale of China-Africa Development Fund Co., Ltd., a shareholder of China-Africa Building Materials, to acquire 40% of the shares of China-Africa Building Materials held by it under the same conditions. After the completion of the transaction, the company holds 100% equity interest in China Africa Building Materials. As of September 30, 2023, the appraised value of all the equity of the shareholders of China-Africa Building Materials is about 500 million yuan, and the company intends to purchase 60% of the equity of China-Africa Building Materials from Jidong Development for a price of about 300 million yuan.

Tongfu Microelectronics: It is planned to acquire 26% of the shares of Jinglong Technology for 1.378 billion yuan

Tongfu Microelectronics (002156) announced on the evening of April 26 that the company intends to acquire 26% of the equity of Jinglong Technology (Suzhou) Co., Ltd. (hereinafter referred to as "Jinglong Technology") held by Jingyuan Electronics through KYEC Microelectronics Co., Ltd. for 1.378 billion yuan in cash (tax included). After the completion of the transaction, the company holds a 26% stake in Jinglong Technology. Jinglong Technology has differentiated competitive advantages in the field of high-end integrated circuit professional testing, and the acquisition of part of the equity of Jinglong Technology can improve the company's investment income.

【Refinancing】

ST Jinggu: It is planned to raise no more than 300 million yuan from the controlling shareholder

ST Jinggu (600265) announced on the evening of April 26 that the company intends to issue no more than 22,556,400 shares (including the number) to the controlling shareholder Chow Tai Fook Investment, at an issue price of 13.3 yuan per share, and the total amount of funds raised will not exceed 300 million yuan (including the number), which will be used to supplement liquidity and repay interest-bearing liabilities after deducting relevant issuance costs.

Corun : Terminate the issuance of shares to specific targets in 2023

Corun (600478) announced on the evening of April 26 that based on changes in the internal and external environment, the company comprehensively considered the actual situation, development planning and many other factors, and fully communicated with relevant parties and prudently demonstrated, and decided to terminate the issuance of A shares to specific targets in 2023 after prudent decision-making.

Geer Software: Terminate the issuance of shares to specific targets in 2023

Geer Software (603232) announced on the evening of April 26 that recently, due to changes in the market environment, after full communication and prudent analysis with relevant parties, and comprehensive consideration of various factors such as the capital market and the company's actual situation, fundraising and investment project planning, the company decided to terminate the issuance of A shares to specific targets in 2023.

Wondershare Technology: Terminate the issuance of shares to specific targets in 2023

Wondershare Technology (300624) announced on the evening of April 26 that it would terminate the issuance of A shares to specific targets in 2023.

【Business Performance】

Datang Power Generation: net profit in the first quarter was 1.331 billion yuan, a year-on-year increase of 872.26%

Datang Power (601991) disclosed its quarterly report on the evening of April 26, achieving operating income of 30.737 billion yuan in the first quarter of 2024, a year-on-year increase of 9.58%, and a net profit of 1.331 billion yuan, a year-on-year increase of 872.26%.

Baiyun Airport: net profit in the first quarter was 188 million yuan, a year-on-year increase of 319.44%

Baiyun Airport (600004) disclosed its quarterly report on the evening of April 26, achieving operating income of 1.663 billion yuan in the first quarter of 2024, a year-on-year increase of 22.36%, and a net profit of 188 million yuan, a year-on-year increase of 319.44%.

Sailun Tire: net profit in the first quarter was 1.034 billion yuan, a year-on-year increase of 191.19%

Sailun Tire (601058) disclosed its quarterly report on the evening of April 26, achieving operating income of 7.296 billion yuan in the first quarter of 2024, a year-on-year increase of 35.84%, and net profit of 1.034 billion yuan, a year-on-year increase of 191.19%, mainly due to the increase in sales volume and gross profit margin.

Weir shares: net profit of 558 million yuan in the first quarter, a year-on-year increase of 180.5%

Weir shares (603501) disclosed a quarterly report on the evening of April 26, with operating income of 5.644 billion yuan in the first quarter of 2024, a year-on-year increase of 30.18%, and a net profit of 558 million yuan, a year-on-year increase of 180.5%, mainly due to the increase in sales scale and gross profit margin during the reporting period.

New natural gas: net profit in the first quarter was 332 million yuan, a year-on-year increase of 126.85%

New Natural Gas (603393) disclosed its quarterly report on the evening of April 26, achieving operating income of 1.131 billion yuan in the first quarter of 2024, a year-on-year increase of 11.11%, and a net profit of 332 million yuan, a year-on-year increase of 126.85%, mainly due to the purchase of a minority shareholder stake in AAG Energy in the previous year and the increase in the share of net profit attributable to shareholders of listed companies.

China Heavy Industry: net profit of 135 million yuan in the first quarter, a year-on-year increase of 103.63%

China Heavy Industry (601989) disclosed its first quarterly report on the evening of April 26, achieving operating income of 10.167 billion yuan in the first quarter of 2024, a year-on-year increase of 49%, and a net profit of 135 million yuan, a year-on-year increase of 103.63%. During the reporting period, the company's completed and delivered ship products increased significantly, operating income increased year-on-year, and operating performance improved steadily.

Jinjing Technology: net profit of 170 million yuan in the first quarter, a year-on-year increase of 94.02%

Jinjing Technology (600586) disclosed a quarterly report on the evening of April 26, achieving operating income of 1.775 billion yuan in the first quarter of 2024, a year-on-year decrease of 6.79%, and a net profit of 170 million yuan, a year-on-year increase of 94.02%, mainly due to the year-on-year decline in the manufacturing cost of float glass and photovoltaic glass products and the increase in gross profit margin, which was affected by the year-on-year decline in the purchase price of main raw materials and fuels.

Shanghai Electric Power: net profit of 634 million yuan in the first quarter, a year-on-year increase of 89.2%

Shanghai Electric Power (600021) disclosed its quarterly report on the evening of April 26, achieving operating income of 10.608 billion yuan in the first quarter of 2024, a year-on-year increase of 2.57%, and a net profit of 634 million yuan, a year-on-year increase of 89.2%, mainly due to the increase in power generation and the decline in coal power costs, which led to a sharp increase in the profit of the power generation sector compared with the same period last year.

Zhongyuan Securities: net profit of 131 million yuan in the first quarter, a year-on-year increase of 85.53%

Zhongyuan Securities (601375) disclosed its quarterly report on the evening of April 26, achieving operating income of 644 million yuan in the first quarter of 2024, a year-on-year increase of 38.93%, and a net profit of 131 million yuan, a year-on-year increase of 85.53%, mainly due to the increase in investment business income.

Jiejia Weichuang: net profit in the first quarter was 578 million yuan, a year-on-year increase of 71.93%

Jiejia Weichuang (300724) disclosed the first quarter report on the evening of April 26, the company achieved operating income of 2.579 billion yuan in the first quarter of 2024, a year-on-year increase of 33.53%, and a net profit of 578 million yuan, a year-on-year increase of 71.93%. The increase in revenue was mainly due to the expansion of sales scale.

Huadian International: net profit in the first quarter was 1.862 billion yuan, a year-on-year increase of 64.21%

Huadian International (600027) disclosed its quarterly report on the evening of April 26, with operating income of 30.952 billion yuan in the first quarter of 2024, a year-on-year decrease of 3.21%, and a net profit of 1.862 billion yuan, a year-on-year increase of 64.21%, mainly due to the impact of lower coal prices.

Shandong Gold: net profit of 700 million yuan in the first quarter, a year-on-year increase of 59.48%

Shandong Gold (600547) disclosed its quarterly report on the evening of April 26, achieving operating income of 18.957 billion yuan in the first quarter of 2024, a year-on-year increase of 44.73%, and a net profit of 700 million yuan, a year-on-year increase of 59.48%.

Hunan Gold: net profit of 162 million yuan in the first quarter, a year-on-year increase of 52.58%

Hunan Gold (002155) released its first-quarter report on the evening of April 26, achieving operating income of 7.818 billion yuan in the first quarter of 2024, a year-on-year increase of 37.85%, and a net profit of 162 million yuan, a year-on-year increase of 52.58%.

CICC Gold: net profit in the first quarter was 783 million yuan, a year-on-year increase of 43.73%

CICC Gold (600489) disclosed its quarterly report on the evening of April 26, achieving operating income of 13.164 billion yuan in the first quarter of 2024, a year-on-year decrease of 1.37%, and a net profit of 783 million yuan, a year-on-year increase of 43.73%.

Shengyi Technology: net profit in the first quarter was 392 million yuan, a year-on-year increase of 58.25%

Shengyi Technology (600183) disclosed its quarterly report on the evening of April 26, achieving operating income of 4.423 billion yuan in the first quarter of 2024, a year-on-year increase of 17.77%, and a net profit of 392 million yuan, a year-on-year increase of 58.25%. The company's production and sales of copper clad laminate products increased, product structure optimization, and operating income increased, which correspondingly increased the company's net profit; its subsidiary, Shengyi Electronics Co., Ltd., continued to optimize the product structure of circuit boards, and with the increase in demand for high-multilayer printed circuit boards in the server market, production, sales and operating income increased, and the company's net profit increased accordingly.

Anhui Heli: net profit of 390 million yuan in the first quarter, a year-on-year increase of 48.27%

Anhui Heli (600761) disclosed a quarterly report on the evening of April 26, with operating income of 4.305 billion yuan in the first quarter of 2024, a year-on-year increase of 2.5%, and a net profit of 390 million yuan, a year-on-year increase of 48.27%, mainly due to the continuous optimization of the company's product structure, the continuous growth of overseas business, and the year-on-year increase in comprehensive gross profit margin.

Tuopu Group: net profit in the first quarter was 645 million yuan, a year-on-year increase of 43.36%

Tuopu Group (601689) disclosed its quarterly report on the evening of April 26, achieving operating income of 5.688 billion yuan in the first quarter of 2024, a year-on-year increase of 27.29%, and a net profit of 645 million yuan, a year-on-year increase of 43.36%. The increase in operating income in the reporting period led to an increase in net profit.

Marubeni shares: net profit of 111 million yuan in the first quarter, a year-on-year increase of 40.62%

Marubeni Co., Ltd. (603983) disclosed its first quarterly report on the evening of April 26, achieving operating income of 661 million yuan in the first quarter of 2024, a year-on-year increase of 38.73%, and a net profit of 111 million yuan, a year-on-year increase of 40.62%.

Mindray Medical: Net profit in the first quarter was 3.16 billion yuan, a year-on-year increase of 22.9%

Mindray Medical (300760) released its first quarterly report on the evening of April 26, achieving operating income of 9.373 billion yuan in the first quarter of 2024, a year-on-year increase of 12.06%, and net profit of 3.16 billion yuan, a year-on-year increase of 22.9%. According to the annual report disclosed by Mindray Medical at the same time, the net profit in 2023 will be 11.582 billion yuan, a year-on-year increase of 20.56%, and the company plans to distribute 10 distributions of 15 yuan (tax included).

Seven wolves: net profit of 106 million yuan in the first quarter, a year-on-year increase of 19.48%

Seven Wolves (002029) disclosed a quarterly report on the evening of April 26, the company achieved operating income of 893 million yuan in the first quarter of 2024, a year-on-year decrease of 1.8%, and a net profit of 106 million yuan, a year-on-year increase of 19.48%.

Shuijingfang: net profit in the first quarter was 186 million yuan, a year-on-year increase of 16.82%

Shuijingfang (600779) disclosed its annual report on the evening of April 26, achieving operating income of 4.953 billion yuan in 2023, a year-on-year increase of 6%, a net profit of 1.269 billion yuan, a year-on-year increase of 4.36%, and basic earnings per share of 2.61 yuan. The company intends to distribute a dividend of 9.15 yuan (tax included) for every 10 shares. Shuijingfang also disclosed a quarterly report, with operating income of 933 million yuan in the first quarter of 2024, a year-on-year increase of 9.38%, and a net profit of 186 million yuan, a year-on-year increase of 16.82%.

Huijishan: net profit in the first quarter was 92.1794 million yuan, a year-on-year increase of 16.11%

Huijishan (601579) disclosed its quarterly report on the evening of April 26, achieving operating income of 437 million yuan in the first quarter of 2024, a year-on-year increase of 18.19%, and a net profit of 92.1794 million yuan, a year-on-year increase of 16.11%.

Kweichow Moutai: net profit in the first quarter was 24.065 billion yuan, a year-on-year increase of 15.73%

Kweichow Moutai (600519) disclosed its first quarterly report on the evening of April 26, achieving operating income of 45.776 billion yuan in the first quarter of 2024, a year-on-year increase of 18.11%, a net profit of 24.065 billion yuan, a year-on-year increase of 15.73%, and basic earnings per share of 19.16 yuan.

Jiangyin Bank: net profit of 350 million yuan in the first quarter, a year-on-year increase of 12.72%

Jiangyin Bank (002807) disclosed its quarterly report on the evening of April 26, the company achieved operating income of 1.063 billion yuan in the first quarter of 2024, a year-on-year increase of 2.56%, and a net profit of 350 million yuan, a year-on-year increase of 12.72%.

Digital China: net profit in the first quarter was 235 million yuan, a year-on-year increase of 12.35%

Digital China (000034) disclosed its first-quarter report on the evening of April 26, showing that the company achieved operating income of 29.272 billion yuan in the first quarter of 2024, a year-on-year increase of 7.95%, and a net profit of 235 million yuan, a year-on-year increase of 12.35%.

COSCO SHIPPING Energy: net profit of 1.236 billion yuan in the first quarter, a year-on-year increase of 12.76%

COSCO SHIPPING Energy (600026) disclosed its quarterly report on the evening of April 26, achieving operating income of 5.838 billion yuan in the first quarter of 2024, a year-on-year increase of 3.68%, and net profit of 1.236 billion yuan, a year-on-year increase of 12.76%.

Yunnan Baiyao: net profit in the first quarter was 1.702 billion yuan, a year-on-year increase of 12.12%

Yunnan Baiyao (000538) disclosed its first-quarter report on the evening of April 26, showing that the company achieved operating income of 10.774 billion yuan in the first quarter of 2024, a year-on-year increase of 2.49%, and a net profit of 1.702 billion yuan, a year-on-year increase of 12.12%.

Haitian Flavor: net profit in the first quarter was 1.919 billion yuan, a year-on-year increase of 11.85%

Haitian Flavor (603288) disclosed its annual report on the evening of April 26, achieving operating income of 24.559 billion yuan in 2023, a year-on-year decrease of 4.1%, a net profit of 5.627 billion yuan, a year-on-year decrease of 9.21%, and basic earnings per share of 1.01 yuan. The company intends to distribute a dividend of 6.6 yuan (tax included) for every 10 shares. Haitian Flavor also disclosed a quarterly report, with operating income of 7.694 billion yuan in the first quarter of 2024, a year-on-year increase of 10.21%, and a net profit of 1.919 billion yuan, a year-on-year increase of 11.85%.

OPCOM: net profit in the first quarter was 193 million yuan, a year-on-year increase of 11.39%

OPCOM (300595) disclosed its quarterly report on the evening of April 26, the company achieved operating income of 465 million yuan in the first quarter of 2024, a year-on-year increase of 15.71%, and a net profit of 193 million yuan, a year-on-year increase of 11.39%. During the reporting period, the revenue growth of "general frame mirror and others" and "medical services" was higher than that of rigid mirror products, accounting for an increase in the proportion of total revenue, and the gross profit margin of such products was lower than that of rigid mirrors, resulting in higher revenue growth than profit growth.

Fuling mustard: net profit of 272 million yuan in the first quarter, a year-on-year increase of 3.93%

Fuling mustard (002507) disclosed the first quarter report on the evening of April 26, the company achieved operating income of 749 million yuan in the first quarter of 2024, a year-on-year decrease of 1.53%, and a net profit of 272 million yuan, a year-on-year increase of 3.93%.

Baiyunshan: net profit in the first quarter was 1.958 billion yuan, a year-on-year increase of 2.59%

Baiyunshan (600332) disclosed its quarterly report on the evening of April 26, achieving operating income of 22.946 billion yuan in the first quarter of 2024, a year-on-year increase of 6.09%, and a net profit of 1.958 billion yuan, a year-on-year increase of 2.59%.

Yixintang: net profit in the first quarter was 242 million yuan, a year-on-year increase of 1.03%

Yixintang (002727) disclosed a quarterly report on the evening of April 26, the company achieved operating income of 5.1 billion yuan in the first quarter of 2024, a year-on-year increase of 14.96%, and a net profit of 242 million yuan, a year-on-year increase of 1.03%. According to the annual report disclosed by Yixintang at the same time, the net profit in 2023 will be 549 million yuan, a year-on-year decrease of 45.6%, and the company intends to distribute a dividend of 4 yuan (tax included) for every 10 shares.

Oriental Tower: net profit of 168 million yuan in the first quarter, down 0.96% year-on-year

Oriental Tower (002545) disclosed a quarterly report on the evening of April 26, the company achieved operating income of 896 million yuan in the first quarter of 2024, a year-on-year increase of 13.85%, and a net profit of 168 million yuan, a year-on-year decrease of 0.96%.

Yunnan Copper: net profit of 451 million yuan in the first quarter, down 5.64% year-on-year

Yunnan Copper (000878) disclosed a quarterly report on the evening of April 26, the company's operating income in the first quarter of 2024 was 31.539 billion yuan, a year-on-year increase of 4.91%, and its net profit was 451 million yuan, a year-on-year decrease of 5.64%.

CITIC Securities: net profit in the first quarter was 4.959 billion yuan, down 8.47% year-on-year

CITIC Securities (600030) disclosed its quarterly report on the evening of April 26, achieving operating income of 13.755 billion yuan in the first quarter of 2024, down 10.38% year-on-year, and net profit of 4.959 billion yuan, down 8.47% year-on-year.

Xiaoxiong Electric: net profit in the first quarter was 151 million yuan, down 8.53% year-on-year

Xiaoxiong Electric (002959) disclosed its quarterly report on the evening of April 26, the company's operating income in the first quarter of 2024 was 1.194 billion yuan, a year-on-year decrease of 4.58%, and its net profit was 151 million yuan, a year-on-year decrease of 8.53%.

Chinese Life: net profit of 20.644 billion yuan in the first quarter, down 9.3% year-on-year

Chinese Life (601628) disclosed its quarterly report on the evening of April 26, achieving operating income of 120.97 billion yuan in the first quarter of 2024, a year-on-year increase of 14.4%, and a net profit of 20.644 billion yuan, a year-on-year decrease of 9.3%.

Weixing New Materials: net profit in the first quarter was 154 million yuan, down 11.56% year-on-year

Weixing New Materials (002372) disclosed the first quarter report on the evening of April 26, the company's operating income in the first quarter of 2024 was 997 million yuan, a year-on-year increase of 11.19%, and the net profit was 154 million yuan, a year-on-year decrease of 11.56%.

China Shenhua: net profit in the first quarter was 15.884 billion yuan, down 14.7% year-on-year

China Shenhua (601088) disclosed its first quarterly report on the evening of April 26, achieving operating income of 87.647 billion yuan in the first quarter of 2024, a year-on-year increase of 0.7%, and a net profit of 15.884 billion yuan, a year-on-year decrease of 14.7%.

GAC Group: net profit in the first quarter was 1.22 billion yuan, down 20.65% year-on-year

Guangzhou Automobile Group (601238) disclosed its quarterly report on the evening of April 26, achieving operating income of 21.346 billion yuan in the first quarter of 2024, a year-on-year decrease of 19.12%, and a net profit of 1.22 billion yuan, a year-on-year decrease of 20.65%.

Jinjia shares: net profit of 121 million yuan in the first quarter, down 24.53% year-on-year

Jinjia Co., Ltd. (002191) disclosed a quarterly report on the evening of April 26, the company's operating income in the first quarter of 2024 was 794 million yuan, a year-on-year decrease of 23.66%, and the net profit was 121 million yuan, a year-on-year decrease of 24.53%. During the reporting period, the company no longer included the financial data of Anhui Antai New Packaging Materials Co., Ltd. and Guizhou Jinjia New Packaging Materials Co., Ltd. into the scope of consolidated statements, resulting in a decrease in some financial data compared with the same period last year.

Lutai A: net profit in the first quarter was 68.2417 million yuan, down 28.74% year-on-year

Lutai A (000726) disclosed its quarterly report on the evening of April 26, achieving operating income of 1.383 billion yuan in the first quarter of 2024, a year-on-year increase of 0.32%, a net profit of 68.2417 million yuan, a year-on-year decrease of 28.74%, and a non-net profit of 123 million yuan, a year-on-year increase of 138.65%, mainly due to the decrease in sales costs and financial expenses.

Daodaoquan: net profit in the first quarter was 74.12 million yuan, down 31.51% year-on-year

Daodaoquan (002852) disclosed the first quarter report on the evening of April 26, the company's operating income in the first quarter of 2024 was 1.518 billion yuan, a year-on-year decrease of 13.14%, and the net profit was 74.12 million yuan, a year-on-year decrease of 31.51%.

Hubei Yihua: net profit in the first quarter was 137 million yuan, down 37.84% year-on-year

Hubei Yihua (000422) disclosed its quarterly report on the evening of April 26, the company's operating income in the first quarter of 2024 was 4.198 billion yuan, a year-on-year decrease of 11.03%, and its net profit was 137 million yuan, a year-on-year decrease of 37.84%. During the reporting period, product prices decreased and profits decreased.

Conch cement: net profit in the first quarter was 1.502 billion yuan, down 41.14% year-on-year

Conch Cement (600585) disclosed its quarterly report on the evening of April 26, achieving operating income of 21.328 billion yuan in the first quarter of 2024, a year-on-year decrease of 32.08%, and a net profit of 1.502 billion yuan, a year-on-year decrease of 41.14%. During the reporting period, the sales volume and selling price of cement products decreased year-on-year, resulting in a year-on-year decrease in operating income and profit.

Yankuang Energy: net profit in the first quarter was 3.757 billion yuan, down 41.85% year-on-year

Yankuang Energy (600188) disclosed its quarterly report on the evening of April 26, achieving operating income of 39.633 billion yuan in the first quarter of 2024, down 20.76% year-on-year, and net profit of 3.757 billion yuan, down 41.85% year-on-year, mainly due to the year-on-year decline in the price of major products such as coal.

Jinli Permanent Magnet: net profit in the first quarter was 102 million yuan, down 42.93% year-on-year

Jinli Permanent Magnet (300748) disclosed a quarterly report on the evening of April 26, the company's operating income in the first quarter of 2024 was 1.536 billion yuan, a year-on-year decrease of 6.93%, and its net profit was 102 million yuan, a year-on-year decrease of 42.93%.

CIMC Vehicles: net profit in the first quarter was 265 million yuan, down 44.76% year-on-year

CIMC Vehicles (301039) disclosed its quarterly report on the evening of April 26, the company's operating income in the first quarter of 2024 was 5.153 billion yuan, a year-on-year decrease of 21.73%, and its net profit was 265 million yuan, a year-on-year decrease of 44.76%. During the reporting period, as the supply and demand of the North American semi-trailer market returned to normal, the sales volume of North American semi-trailers fell year-on-year, and the gross profit and net profit recorded in the North American market declined, resulting in a year-on-year decline in the company's net profit.

Haitong Securities: net profit in the first quarter was 911 million yuan, down 62.56% year-on-year

Haitong Securities (600837) disclosed its quarterly report on the evening of April 26, achieving operating income of 4.762 billion yuan in the first quarter of 2024, a year-on-year decrease of 44.11%, and a net profit of 911 million yuan, a year-on-year decrease of 62.56%.

BGI: net profit in the first quarter was 12.4025 million yuan, down 69.91% year-on-year

BGI (300676) disclosed its first-quarter report on the evening of April 26, showing that the company achieved operating income of 821 million yuan in the first quarter of 2024, a year-on-year decrease of 14% (adjusted), and a net profit of 12.4025 million yuan, a year-on-year decrease of 69.91% (adjusted).

Compass: net profit in the first quarter was 16.7889 million yuan, down 70.74% year-on-year

Compass (300803) released a quarterly report on the evening of April 25, the company's operating income in the first quarter of 2024 was 294 million yuan, a year-on-year decrease of 13.17%, and the net profit was 16.7889 million yuan, a year-on-year decrease of 70.74%, mainly due to the decrease in financial information service business income.

Jizhong Energy: net profit in the first quarter was 708 million yuan, down 73.83% year-on-year

Jizhong Energy (000937) disclosed a quarterly report on the evening of April 26, the company's operating income in the first quarter of 2024 was 5.333 billion yuan, a year-on-year decrease of 32.71%, mainly due to the decline in coal prices, and a net profit of 708 million yuan, a year-on-year decrease of 73.83%.

Yiling Pharmaceutical: net profit in the first quarter was 304 million yuan, down 74.73% year-on-year

Yiling Pharmaceutical (002603) disclosed the first quarter report on the evening of April 26, the company's operating income in the first quarter of 2024 was 2.523 billion yuan, a year-on-year decrease of 35.89%, and the net profit was 304 million yuan, a year-on-year decrease of 74.73%. The decline in revenue was mainly due to the impact of the company's respiratory products due to the high base in the same period last year and the decline in market demand caused by high social inventory.

Tianci Materials: net profit in the first quarter was 114 million yuan, down 83.54% year-on-year

Tianci Materials (002709) disclosed the first quarter report on the evening of April 26, the company's operating income in the first quarter of 2024 was 2.463 billion yuan, a year-on-year decrease of 42.91%, and the net profit was 114 million yuan, a year-on-year decrease of 83.54%. The decline in revenue was mainly due to the sharp decline in the price of lithium-ion batteries.

Xiangjia shares: net loss of 19.4125 million yuan in the first quarter, a year-on-year loss

Xiangjia Co., Ltd. (002982) disclosed a quarterly report on the evening of April 26, the company achieved operating income of 905 million yuan in the first quarter of 2024, a year-on-year decrease of 0.44%, and a net profit loss of 19.4125 million yuan, a year-on-year loss.

Dongpeng Holdings: The net loss in the first quarter was 11.5156 million yuan, a year-on-year loss

Dongpeng Holdings (003012) disclosed the first quarter report on the evening of April 26, the company's operating income in the first quarter of 2024 was 1.012 billion yuan, a year-on-year decrease of 11.58%, and the net profit was a loss of 11.5156 million yuan, a year-on-year loss.

Air China: Significant year-on-year loss reduction in the first quarter Purchased 100 C919 aircraft from COMAC

Air China (601111) disclosed its quarterly report on the evening of April 26, achieving operating income of 40.066 billion yuan in the first quarter of 2024, a year-on-year increase of 59.83%, and a net profit loss of 1.674 billion yuan, a significant year-on-year decrease and a loss of 2.926 billion yuan in the same period last year. Air China also announced that it signed an agreement with COMAC on April 26 to purchase 100 C919 aircraft from COMAC. The 100 aircraft are scheduled to be delivered to the Company in batches between 2024 and 2031. According to the latest list price provided by COMAC, the base price of the aforementioned 100 C919 aircraft is about $10.8 billion. The transaction will increase the Group's capacity by approximately 7.5%.

Muyuan shares: net profit loss in the first quarter was 2.379 billion yuan

Muyuan Co., Ltd. (002714) released a quarterly report on the evening of April 26, achieving operating income of 26.272 billion yuan in the first quarter of 2024, a year-on-year increase of 8.57%, and a net profit loss of 2.379 billion yuan, an increase in year-on-year losses. According to the annual report disclosed by Muyuan shares at the same time, the net profit loss in 2023 will be 4.263 billion yuan, a year-on-year loss, and the net profit in the previous period will be 13.266 billion yuan.

Anjing Food: Net profit in 2023 will increase by 34.24% year-on-year, and 10 distributions of 17.75 yuan are planned

Anjing Foods (603345) disclosed its annual report on the evening of April 26, achieving operating income of 14.045 billion yuan in 2023, a year-on-year increase of 15.29%, a net profit of 1.478 billion yuan, a year-on-year increase of 34.24%, and basic earnings per share of 5.04 yuan. The company intends to distribute a dividend of 17.75 yuan (tax included) for every 10 shares. At the same time, Anjing Food disclosed a quarterly report, with operating income of 3.755 billion yuan in the first quarter of 2024, a year-on-year increase of 17.67%, and a net profit of 438 million yuan, a year-on-year increase of 21.24%.

【Increase/Decrease & Repurchase】

Desay SV: Wilvantech plans to reduce its holdings of no more than 1% of the company's shares

Desay SV (002920) announced on the evening of April 26 that Huizhou Innovation Investment Co., Ltd. (hereinafter referred to as "Huichuang Capital"), a 27.46% shareholder, plans to reduce its holdings of the company's shares by no more than 5.5 million shares, not exceeding 1% of the company's current total share capital.

Vast depth: Lianchuang Yongqin plans to reduce its holdings of no more than 1% of the company's shares

Haohan Depth (688292) announced on the evening of April 26 that Shanghai Lianchuang Yongqin Venture Capital Enterprise (Limited Partnership) (hereinafter referred to as "Lianchuang Yongqin"), a shareholder of 8.23% of the company, plans to reduce the company's shares by a total of no more than 1.5715 million shares, that is, no more than 1% of the company's total share capital.

Kemei Diagnostics: Hengqin Junlian Zhikang and others will reduce their holdings by no more than 1.8% in total

Kemei Diagnostics (688468) announced on the evening of April 26 that the company's shareholder Hengqin Junlian Zhikang Investment Enterprise (Limited Partnership) (hereinafter referred to as "Hengqin Junlian Zhikang"), a shareholder with a total of 7.37% of the company's shares, and its concerted action person LOYAL CLASS LIMITED will reduce their holdings of the company's shares by no more than 7.2199 million shares, that is, no more than 1.8% of the company's total shares.

Guangbo shares: The general manager proposed to repurchase shares for 15 million yuan to 30 million yuan

Guangbo shares (002103) announced on the evening of April 26 that it received the "Proposal Letter on Repurchasing the Company's Shares by Centralized Bidding" issued by General Manager Wang Junping, Wang Junping proposed 15 million yuan - 30 million yuan to repurchase the company's shares, and the repurchased shares are intended to be used to implement employee stock ownership plans or equity incentives.

Molai Optics: It is planned to repurchase the company's shares for 25 million yuan to 50 million yuan

MLO (688502) announced on the evening of April 26 that the company intends to use part of the over-raised funds to repurchase shares with 25 million yuan to 50 million yuan for employee stock ownership plans or equity incentives, and the repurchase price does not exceed 162 yuan per share (inclusive).

[Others]

Huajin Co., Ltd.: The subsidiary Xinjiang fertilizer production unit was overhauled and put into operation

Huajin Co., Ltd. (000059) announced on the evening of April 26 that Xinjiang Fertilizer, a wholly-owned subsidiary of the company, will stop and overhaul the production equipment from March 2, 2024. Up to now, the overhaul has been completed and successfully put into operation.

Emma Technology: It is planned to invest 3 billion yuan in the construction of Fengxian Industrial Park of Emma Technology Group

Emma Technology (603529) announced on the evening of April 26 that the company intends to sign the "Investment Agreement" with the Feng County Government of Xuzhou City, Jiangsu Province, and intends to invest in the construction of the Feng County Industrial Park Project of Emma Technology Group through the establishment of a project company in Feng County. The total investment of the project is about 3 billion yuan, which will be used to further expand the company's electric tricycle product production capacity.

Huaibei Mining: It is planned to invest in the construction of a 2×660MW ultra-supercritical coal-fired power generation unit project

Huaibei Mining (600985) announced on the evening of April 26 that in order to expand the scale of coal-power integration, the company plans to invest in the construction of a 2×660MW ultra-supercritical coal-fired power generation unit project in Lieshan District, Huaibei City, Anhui Province, which will build two 660MW ultra-supercritical coal-fired power generation units, and simultaneously build desulfurization, denitrification, dust removal and other facilities. The total investment of the project is expected to be 5.261 billion yuan, and the construction period is expected to be 30 months. Huaibei Juneng Power Generation Co., Ltd., a holding subsidiary of Huaibei Mining Co., Ltd., a wholly-owned subsidiary of the Company, is responsible for the specific implementation of the project.

China Electric Research Institute: It is planned to invest 1.35 billion yuan in Suzhou High-tech Zone to build the Yangtze River Delta headquarters project

China Electric Research Institute (688128) announced on the evening of April 26 that the company signed an investment agreement with the Suzhou National High-tech Industrial Development Zone Management Committee, and the company plans to invest 1.35 billion yuan in the construction of the Yangtze River Delta headquarters project in Suzhou High-tech Zone, with a planned construction period of 8 years and two phases of construction.

Kuncai Technology: It is planned to set up a joint venture company to improve the clean energy supporting facilities in the industrial park

Kuncai Technology (603826) announced on the evening of April 26 that the company plans to jointly invest in the establishment of a joint venture company, Fujian Ronghe New Energy Development Co., Ltd., with Fuqing Transportation Construction Investment Group Co., Ltd. and Fujian Fuqing Nuclear Power Co., Ltd. The registered capital of the joint venture is 250 million yuan, and the company's subscribed capital contribution is 70 million yuan, accounting for 28%. The joint venture company is mainly responsible for the investment, financing, construction and operation of the off-site heat network project of the nuclear energy steam supply project, and plans to lay heating pipelines from Fuqing Nuclear Power Plant to Fuzhou Jiangyin Port City Economic Zone and Fujian-Taiwan (Fuzhou) Blue Economy Industrial Park to supply zero-carbon and clean industrial steam. The total investment of the joint venture is expected to be 1.17 billion yuan, and the rest of the investment is expected to be injected through external financing, in addition to the registered capital. The implementation of the nuclear power waste heat project will further improve the clean energy supporting facilities of the company's industrial park, effectively save steam costs by 40%, and break through the bottleneck of large-scale production and steam supply demand.

Jiangsu Xinneng: The holding subsidiary plans to invest in the Lianyungang Ninghai Agricultural-PV Complementary Power Generation Project

Jiangsu Xinneng (603693) announced on the evening of April 26 that the company's holding subsidiary, Xincheng New Energy, plans to invest in the construction of Lianyungang Ninghai Agricultural-Photovoltaic Complementary Power Generation Project, with a total dynamic investment of about 144 million yuan, and the estimated construction period of the project is 6 months, with an average annual on-grid electricity of about 45.67 million kWh after it is put into operation.

Ruifeng High Materials: The subsidiary plans to invest in a project with an annual output of 40,000 tons of MC impact modifier

Ruifeng High Materials (300243) announced on the evening of April 26 that Linyi Ruifeng, a wholly-owned subsidiary, plans to invest in the construction of a project with an annual output of 40,000 tons of MC impact modifier, with an investment amount of no more than 100 million yuan. After the project is put into operation, the production capacity of the company's MC impact modifier products will be increased from 40,000 tons/year to 80,000 tons/year.

Aimer shares: It is planned to invest 550 million yuan in the construction of Aimer Central Intelligent Logistics Park (Suzhou) project

Aimer Co., Ltd. (603511) announced on the evening of April 26 that in order to meet the storage and logistics needs of the company's business development in the next 8-10 years, the company plans to invest in the construction of Aimer Central Intelligent Logistics Park (Suzhou) project to create an efficient warehousing and logistics supply chain system. The project is planned to complete the investment and construction within 3 years, with a total investment of 550 million yuan, the source of funds is self-raised, and the warehouse storage capacity is expected to reach 30 million pieces after the completion of the project.

Delong Huineng: Hydrogen Energy Technology, a subsidiary, signed an investment cooperation agreement

Delong Huineng (000593) announced on the evening of April 26 that its wholly-owned subsidiary, Hydrogen Energy Technology, intends to sign an investment cooperation agreement with the Management Office of Yangzhou Chemical Industry Park, Jiangsu Province, to plan a modern hydrogen energy park in Yangzhou Chemical Industry Park and invest in the construction of a hydrogen energy center, with a total planned investment of 300 million yuan. In order to implement the first phase of the hydrogen energy center construction project, Hydrogen Energy Technology plans to sign a project cooperation agreement with Sinopec Jiangsu Petroleum Branch to jointly implement the investment, construction, production and operation and product sales of natural gas hydrogen production mother station in Yangzhou Chemical Industry Park. The total investment of the project is expected to be 38.9979 million yuan, of which 19.6979 million yuan will be invested in hydrogen energy technology.

Zhongyeda: It plans to increase capital in its subsidiaries to expand its electrical automation distribution business in overseas markets

Zhongyeda (002441) announced on the evening of April 26 that the company plans to pass a wholly-owned subsidiary in Singapore, Elvo PTE. LTD) (hereinafter referred to as "Yebo"), expanded the company's electrical automation distribution business in Southeast Asia and other overseas markets. The company plans to increase its capital by S$42 million (approximately RMB225 million after exchange rate conversion). Zhongyeda also disclosed a quarterly report, achieving a net profit of 136 million yuan in the first quarter of 2024, a year-on-year decrease of 19.21%.

Tianchen shares: plans to transfer 100% equity of Shanghai Tianchen Passenger Transport

Tianchen Co., Ltd. (600620) announced on the evening of April 26 that the company intends to transfer 100% of the equity of its wholly-owned subsidiary, Shanghai Tianchen Passenger Transport Co., Ltd. (hereinafter referred to as "Tianchen Passenger Transport"), to Shanghai Wenji Car Rental Co., Ltd. at a transfer price of 48.289 million yuan. After the completion of the transaction, the company is expected to generate a profit of about 13.65 million yuan.

Hanshang Group: The court ruled that the reorganization plan of Dongfang Pharmaceutical was terminated

Hanshang Group (600774) announced on the evening of April 26 that the company recently received the "Civil Ruling" of the Wanzhou District Court of Chongqing Municipality forwarded by the manager of Dongfang Pharmaceutical, and the Wanzhou District Court ruled to declare Dongfang Pharmaceutical bankrupt and end the bankruptcy procedure of Dongfang Pharmaceutical. In the early stage, Dikang Traditional Chinese Medicine, an entity company established by the company as an investor in the reorganization of Dongfang Pharmaceutical, has completed the transfer of assets such as houses and buildings, vehicles, office equipment, facilities and equipment and drug approvals of the original Dongfang Pharmaceutical in accordance with the reorganization plan. Dikang TCM has recently obtained a drug production license, and will fully start the work plan for resumption of work and production in accordance with the drug approval documents and production arrangements.