In the first half of the year, China's trade surplus in goods hit the second highest in history; Zhongqingbao and the actual controller Zhang Yunxia were filed

【Evening Hot News】

State Administration of Foreign Exchange: The surplus in trade in goods in the first half of the year hit the second highest in history

Wang Chunying, deputy director and spokesperson of the State Administration of Foreign Exchange, said that in the first half of the year, the mainland's surplus in trade in goods in terms of balance of payments was 288.4 billion US dollars, the second highest value in the same period of the previous year, a year-on-year increase of 1%. Among them, the export of goods trade was 1,579.6 billion US dollars, a year-on-year increase of 3%; imports were 1,291.2 billion US dollars, a year-on-year increase of 4%.

Ministry of Commerce: In the first half of the year, the import and export of services in mainland China increased by 14% year-on-year

In the first half of 2024, the mainland's trade in services continued to grow rapidly, with a total import and export volume of 3,598.03 billion yuan (RMB, the same below), a year-on-year increase of 14%. Among them, exports were 1,467.58 billion yuan, an increase of 10.7%; imports were 2,130.45 billion yuan, an increase of 16.4 percent; The deficit in trade in services was 662.87 billion yuan.

Central Bank: Gradually increase the buying and selling of treasury bonds in open market operations

The "Report on the Implementation of China's Monetary Policy for the Second Quarter of 2024" released on the website of the central bank mentioned that the monetary policy toolbox will be enriched, the method of base currency delivery will be enriched and improved, and the purchase and sale of treasury bonds will be gradually increased in the open market operation of the central bank.

In the first half of the year, commercial banks achieved a net profit of 1.3 trillion yuan, an increase of 0.4% year-on-year

The website of the State Administration of Financial Supervision disclosed the data of the main regulatory indicators of the banking and insurance industry in the second quarter of 2024 on the 9th. According to the data, in the first half of 2024, commercial banks (legal person caliber) achieved a cumulative net profit of 1.3 trillion yuan, a year-on-year increase of 0.4%.

Official: Property and casualty insurance companies are strictly prohibited from expanding their offline business through the Internet

The State Administration of Financial Supervision and Administration issued a notice on matters related to strengthening and improving the supervision of Internet property insurance business (hereinafter referred to as the "Notice"). The notice makes it clear that property insurance companies are strictly prohibited from expanding their offline business through the Internet to avoid territorial supervision.

Local rainstorm! Beijing's entire road network is severely congested

According to the Beijing traffic APP, from 17:30 to 17:35 on August 9, the traffic index of Beijing's entire road network rose to 8.1, with an average speed of 19.6 km/h, which is a serious congestion level.

China Association of Automobile Manufacturers: Sales of new energy vehicles increased by 27% year-on-year in July

In July, the production and sales of new energy vehicles reached 984,000 units and 991,000 units, up 22.3% and 27% year-on-year, respectively, and the market share reached 43.8%. Domestic sales of new energy vehicles (NEVs) totaled 887,000 units, down 7.9% m/m and up 30.7% y/y, while NEV exports totaled 103,000 units, up 20.6% m/m and 2.2% y/y.

Zangge Mining's revenue in the first half of the year decreased by 37%, and the selling price of potassium chloride and other products fell

Zangge Mining disclosed the 2024 semi-annual report on the 9th, and the company achieved revenue of 1.761 billion yuan in the first half of the year, a year-on-year decrease of 37%; net profit attributable to shareholders of listed companies was 1.297 billion yuan, a year-on-year decrease of 35.99%.

Zhongqingbao and the actual controller Zhang Yunxia were filed

Zhongqingbao announced on the evening of the 9th that the company and the actual controller Zhang Yunxia recently received the "Notice of Case Filing" issued by the Securities Regulatory Commission, and the company and Zhang Yunxia were suspected of violating laws and regulations in information disclosure, and the Securities Regulatory Commission decided to file a case against the company and Zhang Yunxia.

Tongde Chemical was filed on suspicion of violating the letter disclosure rules

Tongde Chemical announced after the market on the 9th that the company recently received the "Notice of Case Filing" issued by the Securities Regulatory Commission, and the Securities Regulatory Commission decided to file a case against the company because the company was suspected of violating laws and regulations in information disclosure.

Ren Zixing was filed by the Securities Regulatory Commission

Ren Zixing said that after the company's self-examination, the main reason for the filing of the case is that the company's self-examination found that the wholly-owned subsidiary Beijing Yahong Century Technology Development Co., Ltd. had overstated assets, overstated revenues and overcounted profits in the relevant years, and the company had actively rectified, corrected accounting errors and retrospectively adjusted the relevant annual financial statements, and hired an accounting firm to issue relevant audit reports.

Jin Xinhai, deputy general manager of Xinshida, was detained on suspicion of criminal offenses

According to the announcement of Xinshida, in order to further improve corporate governance, the company has increased internal and external control. In the process, it is found or there are situations where the departing employees harm the interests of the listed company. In order to ensure the interests of the company, the company collected and mastered relevant evidence materials and reported the case. With the investigation by the public security organs, the case involved Jin Xinhai, the company's director and deputy general manager. On August 7, 2024, Xinshida received a notice from the public security organ that Jin Xinhai was detained by the public security organ on suspicion of a criminal offense.

Zhao Xuejun, the former chairman of Harvest Fund, cooperated with the investigation due to personal problems

Harvest Fund Management Co., Ltd. (hereinafter referred to as "Harvest Fund") announced on the 9th that the company learned from relevant parties on the same day that Zhao Xuejun was cooperating with the investigation of relevant departments due to personal problems, and the matters related to the investigation had nothing to do with the company's fund business. Harvest Fund said that at present, Zhao Xuejun has resigned as the company's chairman. The board of directors of the company has made proper arrangements, and co-chairman An Guoyong will act as the chairman of the company, and the company's senior management and investment research team are stable, and the operation is normal.

49 people, including Gao Moumou, the former chairman of the board of directors of Zhongzhi Enterprise Group, were prosecuted

According to the "Beijing Inspection Online" WeChat account on the 9th, recently, the Chaoyang Branch of the Beijing Municipal Public Security Bureau transferred 49 criminal suspects including Gao Moumou, the former chairman of the board of directors of Zhongzhi Enterprise Group Co., Ltd., to the procuratorate for review and prosecution on suspicion of illegally absorbing public deposits. After the Beijing Municipal People's Procuratorate designated jurisdiction, the First Branch of the Beijing Municipal People's Procuratorate reviewed and prosecuted Gao XX and 49 others in accordance with the law on suspicion of illegally absorbing public deposits.

Attendance at the board of directors subsidy of 15,000? Guangdong Huaxing Bank Emergency Statement

On the 9th, Guangdong Huaxing Bank issued a statement on its official website, saying that recently, some media on the Internet have taken out of context, secretly changed concepts, distorted interpretations, published false reports, and maliciously misled the public, which had a serious impact on the bank's reputation. In this regard, the bank has complained to the relevant platform, and the malicious rumor-mongers will be investigated for their legal responsibility in accordance with the law.

【Evening Stock Announcement Selection】

SAIC: Vehicle sales in July fell 37.16% year-on-year

SAIC Motor released its July 2024 production and sales report on the 9th, showing that the total production and sales of SAIC Motor's vehicles in July were 237,500 and 251,500 units, respectively, down 42.57% and 37.16% year-on-year.

GAC Group: Automobile sales in July fell 25.37% year-on-year

GAC Group released its July 2024 production and sales report on the 9th, showing that the automobile production in July 2024 was 156,800 units, a year-on-year decrease of 9.14%, and the cumulative output this year was 1,016,300 units, a year-on-year decrease of 25.79%; In July, the sales volume of automobiles was 141,200 units, a year-on-year decrease of 25.37%, and the cumulative sales volume of this year was 1,004,200 units, a year-on-year decrease of 25.83%.

Chinese Life: Premium income increased by 4.4% year-on-year in the first seven months

Chinese Life announced on the 9th that from January 1, 2024 to July 31, 2024, the company's cumulative original insurance premium income was about 523.5 billion yuan, a year-on-year increase of 4.4%. The above data on the premium income of the original insurance is unaudited.

NOVOSENSE: Terminated the intention to acquire 67.60% of the shares of Quantum Micro

NOVOSENSE announced on the 9th that since the signing of the "Agreement of Intent", the company has hired intermediaries to conduct due diligence, audit, evaluation and other related work on the target company, and at the same time, the relevant parties have conducted in-depth exchanges and negotiations on the share acquisition, but in view of the changes in the external market environment during the negotiation process, as of the announcement disclosure date, the parties to the transaction have still not reached a final consensus on the acquisition and cannot sign a formal acquisition agreement. Decided to terminate the acquisition. Previously, NOVOSENSE signed an "Agreement of Intent" with 30 shareholders of Quantum Micro to acquire 67.60% of the shares of Quantum Micro held by 30 shareholders of Quantum Micro in cash.

Gemdale Group: US$492 million has been deposited into the designated account to fully repay the principal and interest of the maturing notes

Gemdale Group announced on the 9th that Gemdale Wing Lung Investment Co., Ltd., a wholly-owned overseas subsidiary of the company, issued a medium-term note with a coupon of US$480 million and 4.95% on August 12, 2021, which will mature on August 12, 2024, and the company should repay the principal of the note of US$480 million and related interest of US$11.88 million. On August 9, 2024, the Company has deposited US$492 million into the bank account designated by the payment agent to fully repay the principal and interest of the notes due. After the redemption of the current notes, the company has no outstanding US dollar medium-term notes.

Huayi Brothers: It is planned to raise no more than 1.029 billion yuan

Huayi Brothers announced on the 9th that the company intends to issue shares to specific objects to raise no more than 1.029 billion yuan for film and television drama projects and replenishment of liquidity. The plan to issue shares to specific objects has been reviewed and approved by the 16th meeting of the sixth board of directors and the 6th meeting of the sixth board of supervisors of the company, and needs to be reviewed and approved by the company's general meeting of shareholders, and approved by the Shenzhen Stock Exchange and approved by the China Securities Regulatory Commission before it can be implemented.

Midea Real Estate: Net profit in the first half of the year is expected to be 565 million yuan to 665 million yuan

Midea Real Estate announced on the 9th that according to the preliminary assessment, the company will record a net profit of about 565 million yuan to 665 million yuan in the first half of 2024, and the core net profit attributable to the company's owners will be between 355 million yuan and 455 million yuan. In the first half of 2023, the above two indicators will be about 1.666 billion yuan and 856 million yuan respectively. Midea Real Estate said that the decline in profit was mainly due to the decline in the delivery area, the carry-over of some low-gross profit projects, and the increase in impairment provisions for property projects.

Oriental Wealth: Revenue in the first half of the year fell 14% year-on-year

Oriental Fortune released its 2024 semi-annual report on the 9th, and the company's total operating income in the first half of the year was 4.945 billion yuan, a year-on-year decrease of 14.00%; net profit attributable to shareholders of listed companies was 4.056 billion yuan, down 4.00% year-on-year.

Sino Biological: Net profit in the first half of the year fell 47.71% year-on-year

Sino Biological disclosed its 2024 semi-annual report on the 9th, with operating income of 306 million yuan in the first half of the year, a year-on-year increase of 4.54%; The net profit attributable to shareholders of listed companies was 70.9406 million yuan, a year-on-year decrease of 47.71%.

Keyuan Wisdom: Net profit in the first half of the year increased by 153.55% year-on-year

Keyuan Wisdom released the 2024 semi-annual report on the 9th, and the company achieved operating income of 805 million yuan in the first half of the year, a year-on-year increase of 16.24%; net profit attributable to shareholders of listed companies was 110 million yuan, a year-on-year increase of 153.55%.

Tianyi Shangjia: The first half of the year is expected to lose 493 million yuan

Tianyi Shangjia issued the "Voluntary Disclosure Announcement of the 2024 Semi-annual Results Forecast" on the 9th, saying that it is expected that the net profit attributable to shareholders of listed companies in the first half of 2024 will be -493 million yuan, which is expected to decrease by 625 million yuan compared with the same period last year (statutory disclosure data), a year-on-year decrease of 474.07%.

ST Selen: Received the decision to terminate the listing of the shares

ST Selen announced on the 9th that Selen New Materials Co., Ltd. received the "Decision on the Termination of the Listing of Selen New Materials Co., Ltd." issued by the Shenzhen Stock Exchange on August 9, 2024 (Shenzhen Stock Exchange [2024] No. 652), and the Shenzhen Stock Exchange decided to terminate the listing of the company's shares.