The Ministry of Finance plans to issue 40 billion 30-year treasury bonds on Friday
On Friday (17th), there will be a tender for the first issuance of 40 billion yuan of 30-year special treasury bonds, which will be the first issue this year. Interest on the current treasury bonds will be calculated from May 20, 2024, and interest will be paid semi-annually, and the interest payment date will be May 20 and November 20 of each year, and the principal will be repaid and the last interest will be paid on May 20, 2054. The tender for the current treasury bonds will be distributed until May 20, 2024, and will be listed for trading on May 22.
China and the United States will hold the first meeting of the Intergovernmental Dialogue on Artificial Intelligence
In order to implement the consensus reached at the San Francisco summit between the heads of state of China and the United States, the two sides agreed that China and the United States will hold the first meeting of the China-US Intergovernmental Dialogue on Artificial Intelligence in Geneva, Switzerland, on May 14 local time, to exchange views on AI technology risks, global governance and other issues of concern to each other.
PBOC: Optimize the arrangements for the Swap Connect mechanism and promote high-level financial opening-up
The People's Bank of China, the Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority support further enhancement of the Swap Connect arrangement. The first is to enrich product types and launch interest rate swap contracts with the settlement date of the international money market as the payment cycle; The second is to improve the supporting functions, launch contract compression services and supporting historical value contracts; In addition, the National Interbank Funding Center, the National Interbank Market Clearing House Co., Ltd., and the OTC Clearing Company Limited will simultaneously introduce other system optimizations and preferential measures to reduce the cost of business participation for domestic and foreign investors.
Energy: Container Shipping Index (European Line) futures prices fluctuate greatly, and market risk control is done
Shanghai International Energy Exchange: Recently, the price of container transportation index (European line) futures has fluctuated greatly, and all relevant units are requested to do a good job in risk prevention, rational investment, and jointly maintain the smooth operation of the market.
Rumors of electricity price hikes on June 1 caused a multi-share price limit? State Grid responds!
Recently, a news about the increase in residential electricity bills spread on social platforms, in response, the customer service staff of the State Grid service hotline 95598 responded that they have not received the relevant policy documents issued by the price department for the time being, nor have they received the relevant electricity price adjustment notices from the power supply company. Before the adjustment of electricity prices, the power supply company will generally announce to the public in advance on the official channels of the State Grid, which shall prevail.
Will Douyin's new rules restrict the creation of current political and financial content? Douyin responded
A few days ago, some Douyin creators received a notice from the creator center of the platform stating that Douyin no longer supports accounts that mainly publish social current affairs, finance, law or medical content, or accounts with a high number of fans and greater influence and commercial promotion accounts to establish an authorization relationship that includes content publishing capabilities. Some content creators on Douyin have expressed concern about the change, fearing that it will affect the content distribution of their respective accounts. People close to Douyin said that this is a small functional adjustment in terms of commercialization, and the impact is not large.
The 3-ton "Big Mac" eVTOL "Skyrim Wings" will take off from Shanghai
The first tiltrotor manned autonomous drone (payload of 1.2 tons and take-off weight of 3 tons) will be born in Qingpu, Shanghai, and the first prototype will be completed and tested in August this year.
The new version of the US bill introduces an 8-year exemption period, and the CRO sector is restless! The listed company said it was "closely watching" the progress
The legislative process of the new version of the "Biosecurity Act" initiated by the U.S. House of Representatives will be discussed and voted on at a hearing on the 15th. In this regard, a number of listed companies told the Financial Associated Press reporter today that they will pay close attention to the progress of the situation. Compared to the previous version, the new version of the Biosafety Act adjusts the duration of the waiver for existing contracts/products of U.S. pharmaceutical companies, or provides about 8 years for U.S. pharmaceutical companies to change partners. Many industry insiders believe that the bill is more practical, and the industry is not optimistic about the outcome of the hearing on the 15th.
Samsung and SK hynix will stop supplying DDR3, pushing up the price by two percent
It is reported in the industry that Samsung and SK hynix, the world's leading DRAM suppliers, will stop supplying DDR3 niche DRAM from the second half of the year in their all-out efforts to sprint for high-bandwidth memory (HBM) and mainstream DDR5 memory. This has caused a rush in the market, resulting in a recent surge in DDR3 prices, with a maximum increase of 20%, and the quotation in the second half of the year is bullish quarter by quarter, and the increase is expected to expand.
Tesla's Shanghai Energy Storage Gigafactory received construction permits
Tesla's Shanghai energy storage gigafactory construction project has completed the issuance of construction permits. In April last year, Tesla signed a contract with the Lingang New Area for the project, and in the following December, the project was officially signed in the Lingang New Area.
The incident was fraudulent for 6 consecutive years, and Dahua was suspended from business for 6 months, and there were also brokerages who were "tied up".
Dahua Law Firm, one of the eight largest accounting firms, was suspended from securities service business by the Jiangsu Securities Regulatory Bureau for six months (May 10 to November 9) due to financial fraud involving the listed company Jin Tongling. At the same time, Huaxi Securities was also suspended from investment banking business because of Jin Tongling.
The three-year target is 200 billion yuan! JD.com and Xiaomi have reached a new strategic cooperation
According to Jingdong news on the 13th, recently, Jingdong and Xiaomi reached a new strategic cooperation. The two sides have clarified Xiaomi's omni-channel sales target of 200 billion yuan in Jingdong in the next three years, and will jointly promote the sales growth of multi-category Xiaomi smart hardware products, so that more users can enjoy Xiaomi's full-scene intelligent experience, and help accelerate the implementation of Xiaomi's "people, vehicles, and home ecology" strategy.
Ministry of Ecology and Environment: reviewed and approved in principle the "Pollution Control Standards for Domestic Waste Landfills", etc
On May 13, Huang Runqiu, Minister of Ecology and Environment, presided over an executive meeting of the Ministry to review and approve in principle the "Pollution Control Standards for Domestic Waste Landfills", the "2023 Communiqué on the State of China's Ecological Environment", and the addition of 41 chemical substances to the "List of Existing Chemical Substances in China". Sun Jinlong, Secretary of the Party Leadership Group of the Ministry of Ecology and Environment, attended the meeting.
The mainland has invested nearly 900 billion yuan to promote the construction of national key ecological function zones
According to CCTV News and the Ministry of Ecology and Environment, up to now, the mainland has invested nearly 900 billion yuan in transfer payment funds to strengthen the protection of soil and water conservation, water conservation, windbreak and sand fixation and biodiversity maintenance in key ecological function areas of the country, involving about 4.84 million square kilometers in 810 counties, accounting for 50.4% of the land area.
Coking coal demand increases, price increases, coking coal prices rise by more than 34%
Since the beginning of this year, coking coal prices have shown a "V" shaped trend. At the beginning of the year, the futures price remained at about 1,700 yuan per ton, and after bottoming out in early April, it rebounded, from the lowest price of 1,400 yuan per ton on April 1 to the highest price of 1,889 yuan per ton on May 7, with a maximum increase of more than 34%. Industry insiders said that coking coal is mainly used for blast furnace ironmaking, and the price depends on the prosperity of downstream iron and steel enterprises. The reporter learned that the growth rate of industrial steel is obvious, and the profit of steel mills per ton of steel has increased.
The price war has triggered a wait-and-see sentiment in the market, and the sales volume of the auto market in April fell year-on-year
After a good start in the first quarter, China's auto market saw a year-on-year decline in sales in the first month of the second quarter. According to the data of the Passenger Car Association, the retail sales of the national passenger car market in April were 1.532 million units, down 5.7% year-on-year and 9.4% month-on-month. Since the beginning of this year, the cumulative retail sales of the auto market have reached 6.364 million units, a year-on-year increase of 8.0%. Cui Dongshu, secretary general of the passenger association, said that although there were 22 working days in April, two days more than in March, factors such as price wars led to a strong wait-and-see atmosphere among consumers, and the retail sales of passenger cars in April showed a cyclical month-on-month downward trend.
The overseas leader announced the permanent closure of one of its production lines, and the agency said that the price of this variety continued to rise more than expected
Recently, Canfor Pulp Products announced that it will indefinitely cut a production line at its Northwood plant in Prince George, British Columbia, due to the decline in the supply of economic fiber in northern British Columbia. The cut will result in a reduction of about 300,000 tonnes of commercial kraft pulp per year. The company also announced that it will permanently close its Polar sawmill in Bear Lake, British Columbia, and suspend its "planned reinvestment" in Houston, British Columbia.
Orient Securities Research Report pointed out that in the Chinese market, the price of hardwood pulp from January to February 2024 will be flat at the historical median level, and the price of softwood pulp will fall slightly; After the Spring Festival, overseas pulp mills increased their quotations in the Chinese market month by month, and the quotations of hardwood pulp in March and April increased, exceeding market expectations. In terms of the European and American markets, Suzano, the leader of South American hardwood pulp, has increased its quotations in the European and American markets for eight consecutive months since September 2023, and the current net prices of hardwood pulp and softwood pulp in the European market are higher than those in the Chinese market. Jiang Hao of Everbright Securities pointed out that the recent rise in pulp prices is probably the beginning of a new round of upward cycle; Specifically, Europe's demand for wood pulp has shifted from marginal decline to marginal increase, superimposed in the next two years, there is no large-scale commercial pulp project in the world, and the price trend of global commodity pulp has opened a new round of upward cycle after bottoming out in May 2023.
Among the listed companies, Sun Paper (002078) has become the world's most advanced multinational group integrating forestry, pulp and paper, and its products have gradually formed a series of product structures dominated by high-grade cultural paper, high-grade packaging paper, high-grade household paper, high-grade special paper and special fiber dissolving pulp.
Chenming Paper (000488) is the first modern large-scale papermaking enterprise in China to basically achieve self-sufficiency in wood pulp. The company firmly implements the strategy of pulp and paper integration, and is currently equipped with chemical pulp production lines in major production bases such as Shouguang, Zhanjiang and Huanggang. At present, the company has production bases in Shandong, Guangdong, Hubei, Jiangxi, Jilin and other places, with an annual pulp and paper production capacity of 11 million tons, of which the wood pulp production capacity is 4.3 million tons.
iPhone or the introduction of ChatGPT! Mobile phones may become a subversive entry point for the application layer under the AI industrial revolution
Apple is reportedly close to struck a deal with OpenAI to apply ChatGPT to the iPhone. The two sides have been hammering out the terms of an agreement to use ChatGPT features in iOS 18, the next iPhone operating system, according to people familiar with the matter. Apple has also negotiated with Google to license the use of the company's Gemini chatbot. These discussions have not yet reached an agreement, but they are still ongoing.
Huajin Securities believes that as a representative of high-end brand mobile phones, the release of each generation of iPhones with major changes and innovations can always set off a wave of hardware and bring about a wave of replacement in the industrial chain. Canalys expects the new generation of generative AI phones to account for 12% of shipments in the Chinese market in 2024, leading the global average of 9%. The new generation of AI mobile phones is expected to truly become a personalized assistant with free interaction, intelligent and freewheeling, exclusive companionship, and security and trustworthiness.
In terms of the company, Changying Precision (300115) is a supplier of metal appearance parts for Samsung S24 mobile phones, and the company's products can be applied to AI mobile phones, AIPC, XR and other intelligent terminal products.
Furi Electronics (600203) "CNCE mobile phone AI large model application system software" is an APP client pre-developed by Xi'an Zhongnuo Communication Co., Ltd., a subsidiary of the company, that calls the large model interface. In addition, Huawei is an important customer of Sino Communication, a wholly-owned subsidiary of the company, which provides ODM/JDM services for smart terminal products such as smartphones.
Anjie Technology (002635) mainly provides related precision functional devices, precision structural parts and modules for domestic and foreign consumer electronics intelligent terminal brand customers, and the supporting terminal products include smart phones, tablets and laptops.
Guangzhou held a hearing on the reform of tap water prices in the central urban area, and two sets of plans for hearing
A hearing on the reform plan for tap water prices in the central urban area of Guangzhou was held in Guangzhou on the afternoon of May 9. Two sets of water price adjustment plans were proposed for hearing, and the average water supply price of both plans was 3.4 yuan per cubic meter (including tax), mainly because residents and non-residents had different degrees of contribution to the increase in water supply prices. A total of 17 participants participated in the hearing, of which 9 supported option 1, 7 supported option 2, and 1 was in favor of water tariff reform, but believed that option 1 and option 2 were both large and needed to be further revised.
In 2022, there will be 3,556 enterprises in the water production and supply industry, of which 2,215 are controlled by Chinese enterprises, accounting for 62.3%. Lu Rixin of Orient Securities believes that the current industry is not timely because the terminal water price adjustment is not in place, resulting in franchise projects such as increasing government burdens, enterprise investment losses, and poor cooperation between the government and social capital. Under the new mechanism, solving the problem of water prices is still an important part of the above-mentioned policies that can be implemented and implemented. In addition, the intensity of capital expenditure has decreased, and the water supply company has a strong dividend potential.
Among the listed companies, the ultimate controller of Shunkong Development (003039) is the State-owned Assets Supervision and Administration Bureau of Shunde District, Foshan City, whose main business is the production and sale of tap water, and at the same time provides supporting water supply and drainage network engineering services, and the main products are tap water production and sales, water supply and drainage pipe network engineering.
In 2023, Zhongshan Public Utilities (000685) will focus on building a new pattern of "one game of chess" for water supply, successfully integrating 10 water supply enterprises in Zhongshan City, and basically realizing the unification of the city's water supply operation entities, with a daily water supply capacity of 2.68 million tons.
Samsung and SK hynix will stop supplying, and the price of this storage product has soared by 20%.
According to media reports, it is reported in the industry that Samsung, the world's top two DRAM suppliers, and SK hynix, are making every effort to sprint high-bandwidth memory (HBM) and mainstream DDR5 specification memory, and will stop supplying DDR3 niche DRAM from the second half of the year, causing a rush in the market, resulting in a recent surge in DDR3 prices, with a maximum increase of 20%, and the quotation will rise again in the second half of the year.
DDR3 has now become a niche product, and it is still used in set-top boxes, Wi-Fi routers, switches, displays, and other fields. On the supply side, according to Sund Information, Samsung, SK hynix, and Micron are making every effort to seize emerging markets such as HBM and DDR5, and new production capacity has been invested in related new products, gradually withdrawing from the DDR3 market, and the supply of niche DRAM capacity has decreased. On the demand side, with the recent increase in demand for AI and Netcom, there is a demand for DDR3 capacity upgrades in terminal products after the introduction of AI technology. In terms of price, the three major OEMs have successively raised DDR3 prices in 2023Q4, and as the market exceeds supply, Winbond also plans to follow up the price increase in 2024Q2 and increase the DDR3 price by 20%, which is considerable. With the improvement of the supply and demand structure of the niche market, niche storage products such as DDR3 are expected to rise in relay to achieve the recovery of all categories of memory chips, and the prosperity of the sector will continue to improve.
Among the listed companies, GigaDevice (603986) already has two product lines, DDR4 and DDR3, which can better meet the needs of customers in niche markets such as consumer and industrial, and DDR3 and DDR4 products currently account for about half of the total revenue of DRAM products.
Beijing Junzheng (300223) said on the interactive platform on April 17 that since the second quarter, DDR3 has more orders than DD4.
Due to the tight supply side, the price of this small metal hit a new high in the past decade
According to media reports, in recent years, the price of tungsten, which has the title of "industrial teeth", has shown a rapid rise. Especially since the beginning of this year, the price of tungsten concentrate has been rising and has attracted much attention from the market. According to WIND statistics, in just one month, from April 1 to May 11, the price of tungsten concentrate in Jiangxi jumped from 127,000 yuan/ton to 152,000 yuan/ton, an increase of 19.69%, which has hit a new high in the past ten years! Industry insiders said that the rapid rise in tungsten prices was caused by the tight supply side. Looking ahead, some analysts are optimistic about the long-term trend of tungsten prices.
Huaan Securities released a research report saying that in the context of total control, the mainland tungsten ore is facing problems such as declining grade and rising costs, and there is great uncertainty in the production time of potential projects at home and abroad. At the same time, the demand for downstream photovoltaic tungsten wire and cemented carbide has grown steadily, and the contradiction between supply and demand of tungsten resources has become increasingly prominent. Focus on recommending high-quality companies with perfect industrial chain layout and technical and cost advantages.
In terms of the company, Chinatungsten High-tech (000657) is a platform enterprise specializing in the development of tungsten industry under Minmetals Group, which manages and operates a complete tungsten industry chain integrating mining, smelting, processing and trade, and has large reserves of tungsten ore resources under the company's custody, with an annual output of about 25,000 tons.
As an integrated enterprise of the domestic tungsten industry chain, Zhangyuan Tungsten Industry (002378) has 94,600 tons of tungsten resource reserves as of 2023, ranking first in tungsten powder production and second in tungsten carbide powder output in China.
Artificial intelligence empowers the high-quality development of education Beijing Chaoyang took the lead in releasing a three-year action plan
On May 13, the press conference of the three-year action plan for the high-quality development of artificial intelligence empowerment education in Chaoyang District, Beijing was held. The three-year action plan points out that in terms of artificial intelligence technology to empower teachers, explore the application of large models and multiple scenarios, and provide support and assistance for professional teaching and research work. In terms of empowering classrooms, we will explore the integration of intelligent technology tools and classroom teaching, and present all-round and multi-dimensional classroom teaching evaluation results. At the same time, schools are encouraged to take schools as the main body, open education and teaching scenarios, and promote the practical exploration and application research of artificial intelligence-enabled education.
The analysis points out that the text-generated video AI model represented by Sora has a wide range of application scenarios, and education is one of the first directions to be implemented, mainly due to the relatively standard data, short video length, fast feedback process, and relatively rigid demand. The AI video model represented by Sora may profoundly change the traditional education model and promote the comprehensive transformation of teaching materials, teachers, and teaching. The agency believes that the education industry is expected to benefit from the dual benefits of AI technology progress and non-subject training policies, ushering in development opportunities.
As a teacher-end teaching assistant product developed by the company based on large language models, Century Tianhong (300654) "Xiaohong Teaching Assistant" embeds the company's high-quality content resources through leading structured long text vector processing technology, and helps teachers improve work efficiency in various application scenarios including lesson plan generation and composition correction.
Jiafa Education (300559) Co., Ltd.'s Lingfu education model can help the proposition, invigilation, marking and other links to achieve a significant improvement in efficiency.
OpenAI will hold a spring update conference The two companies have a partnership with OpenAI
According to media reports, OpenAI announced on social platforms that it will announce the latest content of ChatGPT and GPT-4 on Monday, May 13 at 10 a.m. Pacific Time (1 a.m. Beijing time on Tuesday), online live. OpenAI CEO Sam Altman said that the product will not be a search engine, GPT5, but it is expected that people will love it very much.
The media quoted two people familiar with the matter as saying that the new product is an AI model with visual and auditory functions, and has better logical reasoning capabilities than current chatbots. According to relevant sources, OpenAI is developing an AI voice assistant with audio and visual understanding capabilities, which may be previewed at next Monday's event at the earliest. OpenAI believes that such an assistant could lead to a technological revolution like a smartphone, capable of doing many tasks that existing AI assistants can't, such as serving as a tutor for student essays or math problems, translating road signs, and helping to fix car breakdowns.
Dingxin Computer, a subsidiary of Dingjie Software (300378), has strategically cooperated with Microsoft Azure OpenAI to empower the Paas platform MERITS with the GPT large model, and launched three major functions based on this platform: personal intelligent assistant, enterprise knowledge brain, and AI-assisted development.
The only network of a subsidiary of Nanxing Co., Ltd. (002757) cooperates with Microsoft and OpenAl on a new product - Xiaolu AIGC intelligent assistant.
Technology giants have increased their deployment of AI to greatly improve the efficiency and quality of new drug research and development
According to reports, the latest research from BCG (Boston Consulting Group) found that AI-generated drug molecules have a success rate of 80%-90% in phase I clinical trials, compared with the historical average of about 50%. In less than a year, AI has predicted the structure of 200 million proteins in the universe. The results show that AI has a strong ability to design or identify molecules with drug properties. Recently, many technology giants such as Microsoft, Nvidia and Google have increased the layout of "AI + healthcare".
The traditional drug discovery process is a marathon, taking 12-18 years from concept to clinic. With the help of AI technology, it only takes 5 years or less to achieve. Based on pharmaceutical big data, AI pharma applies artificial intelligence technology to all aspects of pharmaceutical, improves the efficiency and quality of new drug research and development, and reduces research and development costs. The McKinsey Global Institute (MGI) estimates that generative AI could bring between $60 billion and $110 billion in economic value to the pharmaceutical and healthcare industries annually. According to the Global Market Insights report, the "AI + healthcare" market is expected to grow at a compound annual growth rate of more than 29%, and the market size will reach $70 billion by 2032. Drug discovery and medical imaging have become the two most important areas for AI applications, accounting for more than 50% of the combined market share. In the future, perhaps artificial intelligence can help humans take off the holy grail of drug discovery.
A-share related concept stocks mainly include Chengdu Pilot (688222), Lepu Medical (300003), etc.
The new product of the domestic humanoid robot is expected to be widely used
Recently, Unitree Technology released a new humanoid robot called Unitree G1, priced from 99,000 yuan. The robot not only has a large joint movement angle and up to 34 joints, but also incorporates force and position hybrid control technology to simulate the precise operation of the human hand. In addition, Unitree G1 is driven by UnifoLM (Unitree Robot Unified Large Model), which has strong capabilities for self-learning and iterative upgrading.
The humanoid robot is an embodied intelligent robot, which can interact with the environment and perceive, can independently plan, make decisions, and act, and has the ability to execute, which is composed of three parts: control, perception and execution. Among them, perception is the premise of control and execution, and humanoid robots need to realize the perception of external light, force, sound, electricity and other information through sensors, and provide real-time feedback for control and execution. Northeast Securities pointed out that in the field of humanoid robots, inertial sensors are very critical to attitude balance control. The inertial sensors manufactured by MEMS process are expected to be widely used in humanoid robots due to their small size, light weight, strong environmental adaptability, low price, and easy mass production.
Sinopec Power (603121) uses the existing automotive-grade Mems pressure chip and silicon strain gauge independent design and packaging and testing capabilities to seek a breakthrough from glass micro-melting MSG high-pressure pressure sensor to six-dimensional torque sensor;
Amperon (301413) has mastered the core technologies and independent research and development capabilities of MEMS multi-chip packaging, high and low temperature calibration.
The supply side is limited and the downstream demand is picking up, and the price of tungsten products continues to rebound
Baichuan Yingfu data shows that on May 13, the price of domestic tungsten metal rose in many varieties. Among them, ammonium paratungstate, tungsten powder and scheelite concentrate increased by 1.79%, 1.53% and 1.33% respectively compared with the 10th, and the quotations were 227,000, 3.32 million and 152,500 yuan/ton respectively. Since the beginning of this year, the price of tungsten products has continued to rebound, and ammonium paratungstate has risen by more than 25% since the low point of the year.
CITIC Securities Research Institute believes that the mainland, as the world's largest tungsten resource reserves and producers, has a leading position in the supply side of tungsten ore. In recent years, the output of tungsten concentrate in mainland China has declined from 145,000 tons in 2019 to 123,000 tons in 2023 due to factors such as the constraints of total mining control indicators, the decline in mine grades, and the improvement of environmental protection supervision requirements. Due to the small number of new projects at home and abroad, the short-term increase is very limited, and the supply of tungsten resources may continue to be tight. Coupled with the recovery of demand brought about by the recovery of downstream manufacturing, it will form a strong support for tungsten prices.
In terms of companies, Zhangyuan Tungsten Industry (002378) and Chinatungsten High-tech (000657) are mainly engaged in tungsten product business.
Resources are extremely scarce, demand is growing, and indium prices have soared to multi-year highs
Indium prices have reportedly risen rapidly since mid-to-late April. According to the latest quotation of Yangtze River Nonferrous Metals, the price of refined indium is approaching 3,000 yuan/kg, an increase of nearly 50% compared with the beginning of the year, and the price has hit a new high in more than 8 years since 2016. The latest indium ingot price in the European market is at $345/kg, up nearly 60% from last year's low and the price is also the highest since 2016. Indium is extremely scarce and is one of the seven scarce metals, equivalent to only 1/6 of gold reserves. The application of indium in photovoltaic heterojunction cells, thin-film cells and optical chips has also shown a rapid growth trend. Due to the breakthrough in photovoltaic heterojunction cell technology, the demand for indium metal as a target has increased.
A-share related concept stocks mainly include Zhuye Group (600961), Zinc Industry (000751), etc.
Significant investment
Fu'an shares: plans to invest 250 million yuan in AI computing power leasing service business
Fu'an Co., Ltd. (603315) announced that the company plans to establish a joint venture company with Shanghai Jitie Network Technology Co., Ltd. in the form of cash contribution to jointly develop AI computing power leasing service business. The company intends to hold 71% of the equity of the joint venture company, Jitie Network intends to hold 29% of the equity of the joint venture company, and the joint venture company intends to invest about 350 million yuan in the AI computing power leasing service business, and the company intends to invest about 248.5 million yuan according to the proportion of capital contribution.
Lopal Technology: Changzhou Lithium Source, a holding subsidiary, plans to increase its capital and shares and introduce investors
Lopal Technology (603906) announced that the company's holding subsidiary, Changzhou Lithium Source New Energy Technology Co., Ltd. (hereinafter referred to as "Changzhou Lithium Source"), plans to increase capital and expand shares and introduce investors. Kunlun Industry and Finance Green (Beijing) Emerging Industry Investment Fund Partnership (Limited Partnership) intends to increase its capital to Changzhou Lithium Source with 285 million yuan in cash, and the existing shareholders of Changzhou Lithium Source will waive their preemptive subscription rights for this capital increase. At the same time, combined with the objective actual situation, the parties intend to adjust the previous capital increase subscription plan and shareholder rights of Changzhou Lithium Source by CCB Financial Assets Investment Co., Ltd. After the completion of the transaction, the registered capital of Changzhou Lithium Source will increase to 779 million yuan. After this transaction, the company will continue to be the controlling shareholder of Changzhou Lithium Source and still have actual control over Changzhou Lithium Source.
Funeng shares: plans to increase the capital of 323 million yuan in the strait power generation for offshore wind power projects
Funeng Co., Ltd. (600483) announced that in order to meet the needs of business development, the company and the other shareholder of Strait Power Generation Co., Ltd. (hereinafter referred to as Strait Power Generation) Yangtze River Three Gorges Group Fujian Energy Investment Co., Ltd. plan to increase the capital of 922 million yuan to Strait Power Generation in cash according to the proportion of shares, mainly used for the construction of offshore wind power projects such as Zhangpu Liuao Phase II. The company will increase its capital by 323 million yuan to Strait Power Generation. After the capital increase, the shareholding ratio of each investor of Strait Power Generation will remain unchanged.
China Southern Power Grid Technology: It is planned to acquire Guangzhou Huineng to expand the company's test and testing market
China Southern Power Grid Technology (688248) announced on the evening of May 13 that in order to further expand the scale of the company's test and testing market, the company intends to acquire 100% of the equity of Guangzhou Huineng Industrial Investment Co., Ltd. (hereinafter referred to as "Guangzhou Huineng") from the controlling shareholder Guangdong Power Grid Co., Ltd. in cash, and the specific transaction plan is still being demonstrated. Guangzhou Yueneng Electric Power Technology Development Co., Ltd., a subsidiary of Guangzhou Huineng, is a leading enterprise in the field of electric power technology services in Guangdong, and has a synergistic effect with the company in the test and testing business.
Gansu Nenghua: It is planned to establish a new coal washing subsidiary to accelerate the integration of internal business resources
Gansu Nenghua (000552) announced on the evening of May 13 that in order to speed up the integration of internal business resources and improve the professional management level of coal washing in production mines, the company plans to invest in the new establishment of Yaojie Coal and Power Group Coal Development Co., Ltd. (hereinafter referred to as "Yaojie Coal Development Company"), and increase its capital with its subordinate Jinhe Coal Mine Coal Washing Plant, which is mainly responsible for coal washing, processing and operation in the kiln coal mining area. The investment was made by a wholly-owned subsidiary, Kiln Coal Company, which contributed 50 million yuan and increased its capital by 151 million yuan with the net book value of Jinhe Coal Mine Coal Washing Plant. After the capital contribution, Yaojie Coal Company holds 100% equity interest in Yaojie Coal Development Company, which is a wholly-owned subsidiary of Yaojie Coal Company.
Significant winning bids
Dashi Intelligence: Signed the project contract of Weigao (Shanghai) International Research Institute
Dashi Intelligent (002421) announced on the evening of May 13 that recently, the company and Shanghai Liangshou Building Materials Decoration Materials Co., Ltd. reached a consensus on matters related to the project of Weigao (Shanghai) International Research Institute, and formally signed a project contract with a contract amount of 20.128 million yuan. The company will provide an overall solution for the smart space of the enterprise headquarters for the project. In addition, recently, the company's wholly-owned subsidiary, Dashi Jiuxin, and Shanghai Construction Engineering Second Construction Group Co., Ltd. reached a consensus on matters related to the second phase of the purification project of the Lingang Branch of Shanghai Sixth People's Hospital, and formally signed a contract with a contract amount of 98.0528 million yuan.
ST Intercontinental: Won the bid for the development right of oil and gas blocks in Iraq
ST Intercontinental (600759) announced on the evening of May 13 that recently, the company won the bid to obtain the exploration rights of the Zurbatiya block and the Jabel Sanam block in Iraq. The Zurbatiya block is located in the provinces of Baghdad and Wasit in central Iraq, with an area of 519.06 square kilometres, which is close to the Company's existing Naft Khana block. The Jabel Sanam block is located in Muthanna Province in southern Iraq and covers an area of 235 square kilometres. The company has not yet signed a formal contract with the Iraqi Ministry of Oil, and the oilfield development plan of the winning block needs to be clarified after consultation with the Iraqi Ministry of Oil, and the specific investment amount of the block cannot be determined.
Jiacheng International: Won the bid for the quality inspection outsourcing project of Shein Company
Jiacheng International (603535) announced on the evening of May 13 that the company recently received the "Notice of Winning the Bid" sent by Guangzhou Shein Supply Chain Management Co., Ltd. (collectively referred to as "Party A"), a wholly-owned subsidiary of Shein, and the company will provide Party A with quality inspection outsourcing business services of the quality inspection department of the commodity center. The term of the contract is 1 year, and the annual operating income generated by the contract is expected to exceed more than 10% of the company's operating income in 2023 based on the calculation of the full fiscal year. This is the fourth time this year that the company has won the contract for Shein.
Jinzhi Technology: The subsidiary won the bid of 51.6852 million yuan for the smart city business project
Jinzhi Technology (002090) announced on the evening of May 13 that its subsidiary Jiang Jinzhi Information won the bid for the second bid section of the intelligent project of Nanjing Sino-Finnish Cooperation and Exchange Center and the second public bidding and procurement project of engineering services of State Grid Jiangsu Electric Power Co., Ltd. in 2024, with a total bid amount of 51.6852 million yuan, accounting for 3.2% of the company's total operating income in 2023.
Zhezhong Co., Ltd.: pre-won the bid for the 102 million yuan rail transit equipment procurement project
Zhezhong Co., Ltd. (002346) announced on the evening of May 13 that its wholly-owned subsidiary, Zhezhong Electric, pre-won the bid for the "400V low-voltage switchgear equipment procurement project of the first phase of Shanghai Rail Transit Line 23", "Chongming Line Project of Shanghai Rail Transit Municipal Line, 400V low-voltage switchgear equipment procurement project of Shanghai Rail Transit Line 12 West Extension Project, and South Extension Project of Line 15", with a total bid amount of about 102 million yuan.
Shareholders increase or decrease their holdings
Yuanda Intelligence: The controlling shareholder plans to increase its shareholding by 10 million yuan to 20 million yuan
Yuanda Intelligent (002689) announced that the controlling shareholder Yuanda Aluminum Group plans to increase its holdings of the company's shares in a centralized bidding transaction, and the total amount of shares to be increased is not less than 10 million yuan and not more than 20 million yuan. There is no price range for the increase plan.
Xinyada: The controlling shareholder and the actual controller will reduce their holdings by no more than 1% in total
Xinyada (600571) announced that due to the need for funds, the company's controlling shareholder Hangzhou Xinyada Electronics Co., Ltd. and the actual controller Guo Huaqiang plan to reduce their holdings of the company's shares through centralized bidding transactions within 3 months after 15 trading days. Among them, Guo Huaqiang plans to reduce his holdings by no more than 3.47 million shares, accounting for 0.74% of the company's current total share capital, and Hangzhou Xinyada Electronics Co., Ltd. intends to reduce his holdings by no more than 1.13 million shares, accounting for 0.24% of the company's current total share capital. The total reduction of the company's shares by the above-mentioned entities shall not exceed 1% of the company's total share capital.
China Haiphong: The National Venture Capital Fund and its concerted actors intend to reduce their holdings of no more than 2% of their shares
China Haiphong (600764) announced that the company's shareholder Guo Venture Capital Fund and its concerted action Guoxin Investment Plan held a total of 5.37% of the company's shares by centralized bidding and block trading, with a total reduction ratio of no more than 14,212,600 shares, and the reduction ratio did not exceed 2% of the company's total share capital, and the reduction period was within 3 months after 15 trading days from the date of disclosure of the shareholding reduction plan.
*ST Baan: The chairman plans to increase his shareholding in the company by 5 million yuan to 10 million yuan
*ST SafBon (300262) announced on the evening of May 13 that Zhang Huagen, chairman of the company, plans to increase his holdings of the company's shares through centralized bidding within 6 months, with an increase of not less than 5 million yuan and no more than 10 million yuan. The company's stock has closed below $1 for two consecutive trading days.
Important Announcements
Nandu Property: The company's stock price has fluctuated greatly recently, and there may be irrational speculation
5 days and 4 board Nandu Property (603506) disclosed the stock trading risk warning announcement, saying that in view of the recent fluctuations in the company's stock price, there may be irrational speculation, please pay attention to the secondary market transaction risk, rational decision-making, prudent investment. At present, the company's main business is still property basic services, property value-added services and asset management services, and the company's production and operation are normal and have not undergone major changes. Up to now, the company has not received the principal and investment income of the wealth management product Zhongrong-Huijin No. 1 Money Market Fund Collective Fund Trust Plan, and there is a risk that the principal and interest cannot be fully paid.
Huaqiang Technology: Banned from participating in the procurement of materials and engineering services for the whole army for 3 years
Huaqiang Technology (688151) announced that the military procurement network issued an announcement on May 10 that the Procurement Planning Department of the Combat Logistics Department of the Joint Logistics Support Force decided to prohibit the company from participating in the procurement of materials and engineering services for three years from April 17, 2024 from April 17, 2024. During the prohibition period, other enterprises controlled or managed by the legal representative Wang Dongmin are prohibited from participating in the military procurement activities within the above-mentioned scope, and Tan Qiang, the bidding representative, is prohibited from participating in the military procurement activities within the above-mentioned scope on behalf of other suppliers. After investigation, the company participated in the procurement activities of a co-extrusion infusion membrane procurement project in Luoyang, and there were violations such as "Miss Zhang" as the author of the electronic bidding documents of two suppliers, Hubei Huaqiang and Hebei Taihua. In the past three years, the company's sales of military materials and engineering services have mainly been medical protective masks and other epidemic prevention materials, of which the proportion of sales revenue of military materials and engineering services in 2023 will not exceed 0.25% of the main business income, so it is currently expected that the violation decision will have little impact on the company's production and operation. The company's products can still be supplied to the military, military industrial groups, channels and industry customers.
Taiyong Long March: There have been no major changes in the company's related businesses and customers
Taiyong Long March (002927) issued an announcement on stock trading changes, saying that the company has not found that the recent public media reported undisclosed material information that may or has had a greater impact on the company's stock trading price; There have been no major changes in the company's related businesses and customers, and there have been no major changes in the company's disclosed business conditions and internal and external business environment; The company, the controlling shareholder and the actual controller do not have any material matters that should be disclosed but have not been disclosed, or major matters that are in the planning stage.
Entrepreneurial dark horse: the controlling shareholder and its persons acting in concert intend to transfer 5.045% of the shares
Entrepreneurial Dark Horse (300688) announced that Niu Wenwen, the actual controller and controlling shareholder of the company, intends to transfer 8.4448 million shares of the company directly held by him to Wang Qifei, a strategic investor, by way of agreement transfer, accounting for 5.045% of the company's total share capital. The transfer price is 18.12 yuan per share, and the total transfer price is 153 million yuan. If the transaction is finally completed, the transferee Wang Qifei will become more than 5% of the company's shareholders.
Boen Group: There are no significant changes in the business environment that have occurred or are expected to occur
Boen Group (001366) issued an announcement on stock trading changes, stating that the company has not found that recent public media reports have reported undisclosed material information that may or has had a greater impact on the company's stock trading price; At present, the company's operating conditions are normal, and there are no major changes in the internal and external business environment or expected to occur; The company, the controlling shareholder and the actual controller do not have any material matters that should be disclosed but have not been disclosed about the company, nor do they have any major matters in the planning stage.
Xingye shares: At present, production and operation are normal, and the market environment has not fluctuated significantly
Industrial Co., Ltd. (603928) disclosed the announcement of stock trading changes, and the company's shares fell by 20% from the closing price for three consecutive trading days on May 9, 10 and 13. After self-inspection, the company's current production and operation are normal, the company's market environment or industry policies have not undergone major adjustments, production costs and sales have not fluctuated significantly, and the internal production and operation order is normal. The company plans to invest in the construction of special phenolic resin projects with an annual output of 200,000 tons in Taixing Economic Development Zone, Jiangsu Province, with a large investment amount and many pre-approval procedures, and a long construction period from construction to final production. Currently, the project is progressing.
Chongqing Three Gorges A: The proposed change of the controlling shareholder of the company is terminated
Chongqing Three Gorges A (000565) announced that the company's controlling shareholder, Shengcai Group, and Yuhua New Materials reached a consensus through consultation, and the two parties signed the "Termination Agreement of Equity Transfer Intent Agreement", deciding to terminate the equity transfer and terminate the "Equity Transfer Intent Agreement". The proposed change of the controlling shareholder of the company will be terminated, the controlling shareholder of the company is still Shengcai Group, and the actual controller is still Chongqing State-owned Assets Supervision and Administration Commission.
Connie Electromechanical: Received part of the judicial execution stock
Kangni Electromechanical (603111) announced that the company received 486,100 shares and 622,300 shares of Kangni Electromechanical held by Cai Shirou and Su Liping respectively held by Qixia Court, which have been transferred to the company's special securities account for repurchase, and the company will complete the cancellation of these shares as soon as possible, and continue to recover Su Liping's remaining compensation obligations. After the cancellation of the above-mentioned judicially executed shares, the total share capital and capital reserve of the company will be directly reduced by 16.4711 million yuan, and the undistributed profit will be increased by 16.4711 million yuan.
Electronic City: Zhiyu Zhilian, a subsidiary, terminated the listing counseling and filing of the Beijing Stock Exchange
Electronic City (600658) announced that the company's subsidiary, Zhiyu Zhilian Technology Co., Ltd. (hereinafter referred to as "Zhiyu Zhilian"), is a listed enterprise on the national small and medium-sized enterprise share transfer system, with a stock code of 873751. The company recently received a notice from Zhiyu Zhilian, and the Fujian Securities Regulatory Bureau confirmed the termination of counseling by Zhiyu Zhilian on May 10. On December 28, 2023, Zhiyu Zhilian submitted to the Fujian Securities Regulatory Bureau the counseling and filing materials for Zhiyu Zhilian's public offering of shares to unspecified qualified investors and listing on the Beijing Stock Exchange, and the counseling institution is Capital Securities.
Chongqing Water: It is planned to publicly issue corporate bonds of no more than 3 billion yuan
Chongqing Water (601158) announced on the evening of May 13 that the company intends to publicly issue no more than 3 billion yuan of corporate bonds, which are intended to be used to repay the company's debts, replenish liquidity, project investment, equity investment, acquisition of assets and other purposes to support the development of the company's main business.
Jiangte Motor: The acquisition of a mining license for Qiankeng Lithium Mine is of great significance to the company's lithium industry
Jiangte Motor (002176) announced on the evening of May 13 that the company recently received the "Mining License" issued by the Ministry of Natural Resources of the Ministry of Natural Resources for the Qiankeng Lithium Mine (hereinafter referred to as the "Qiankeng Lithium Mine") in Yifeng County, Jiangxi Province. The average grade of Li2O in the Qiankeng lithium mine is calculated at 0.44%, and the ore resource reserves are 72.93 million tons. The average grade of Li2O in some areas is above 0.55%. If the average grade of Li2O is calculated at 0.39%, the ore resource reserves reach 126.67 million tons, which is a large-scale lithium mine. The Qiankeng lithium mine is an open-pit mine, and the mining conditions are relatively superior. Qiankeng Lithium Mine is the first lepidolite-type lithium mine mining license handled by the Ministry of Natural Resources of the People's Republic of China in mainland China, with a mining life of 30 years. The approval of the mining license of Qiankeng lithium mine is of milestone significance for the development of the company's lithium industry, and after the mining of Qiankeng lithium mine, it will greatly improve the self-sufficiency rate of the company's lithium mine, reduce production costs and improve product profit margins.
CETC Network Security: Continue to carry out the research and development of quantum secure communication technology
On May 13, CETC Network Security said on the interactive platform that the company continues to carry out the research and development of quantum secure communication technology, which has been applied to the field of quantum cryptography business, and at the same time continues to promote the research of cutting-edge technologies of post-quantum cryptography, the formulation of standards and the implementation of products.
Sunfly Technology: Hydrogen production, a subsidiary, signed a hydrogen energy cooperation agreement with Honeywell
According to Sunfly Technology, on May 13, Guangdong Shenghydrogen Production Equipment Co., Ltd. (hereinafter referred to as "Shenghydrogen Production"), a subsidiary of Sunfly Technology, signed a strategic cooperation framework agreement with Honeywell (NASDAQ: HON) to formally establish a strategic partnership in the green hydrogen industry chain. Through this cooperation, Sheng Hydrogen will cooperate with Honeywell's advanced control technology and global best practices to promote the high-quality development of the company's entire hydrogen energy industry chain, including green hydrogen production, transportation, use and sales.
Yatong Seiko: It plans to acquire 55% of the shares of Xingye Auto Parts to enrich the product types of commercial vehicle parts
Yatong Seiko (603190) disclosed a major asset purchase plan on the evening of May 13, and the company intends to acquire 55% of the shares of Rizhao Xingye Auto Parts Co., Ltd. (hereinafter referred to as "Xingye Auto Parts") in cash. Up to now, the audit and evaluation of Xingye Auto Parts have not been completed, and the transaction price has not yet been determined. The company's auto parts business mainly provides automotive stamping and welding parts for commercial vehicle and passenger car OEMs, and the company's commercial vehicle parts products are mainly used in the body, and its customers mainly include China National Heavy Duty Truck, Beiqi Foton and other OEMs. Xingye Auto Parts is mainly engaged in commercial vehicle frame and body parts business, and has established long-term and stable cooperative relations with six major domestic commercial vehicle OEMs. The company is expected to work closely with Xingye Auto Parts through this transaction to further enhance its core competitiveness.
: 国PREDAPTIVE OD LIMITED
Roman shares (605289) announced on the evening of May 13 that the company intends to acquire a total of no less than 85% of the shares of PREDAPTIVE OD LIMITED (hereinafter referred to as the "target company") in the United Kingdom. The transaction intends to take Roman Hong Kong, a wholly-owned subsidiary of Roman Shares, as the main acquisition body, and the total transaction amount will not exceed 22.825 million pounds. The target company holds 100% equity interest in Holovis International Ltd ("Holovis") in the United Kingdom. Holovis' business scope and main services include the design and implementation of immersive experience systems, the technical development of virtual reality and augmented reality systems, etc. In addition, Holovis specializes in the design and installation of world-class experiential solutions for theme parks, visitor attractions, and corporate clients worldwide.
Lushan New Materials: It is planned to terminate the implementation of the TOCF optical film expansion project
Lushan New Materials (603051) announced on the evening of May 13 that the company intends to terminate the implementation of the "TOCF Optical Film Expansion Project", and permanently replenish the working capital with the remaining raised funds, and at the same time postpone the completion time of the "Functional Polyolefin Hot Melt Adhesive Expansion Project" from May 2024 to December 2025. The company's TOCF optical film products are mainly used in the lamination and packaging of various large-size touch panels and display modules. During the implementation of the "TOCF Optical Film Expansion Project", the economic environment and market demand have changed, the demand for large-size screens such as educational touch screens has decreased, while the demand for small-size display terminals such as folding and flexible screen mobile phones and new energy vehicles has increased significantly, and the company's existing TOCF optical film production line can basically meet the existing business needs.