[Hot Spots].

Kweichow Moutai's 2024 medium-term profit distribution plan: 10 distributions of 238.82 yuan are proposed

Kweichow Moutai (600519) disclosed the 2024 interim profit distribution plan on the evening of November 8, and the company intends to distribute a cash dividend of 23.882 yuan (tax included) per share to all shareholders, with a total cash dividend of 30.001 billion yuan (tax included).

Chong Hing Resources: The actual controller, Yu Zengyun, was investigated on suspicion of fundraising fraud

Chuangxing Resources (600193) announced on the evening of November 8 that the company learned from the controlling shareholder Zhejiang Huaqiao Industrial Co., Ltd. and verified with the public security organs that Yu Zengyun, the actual controller of the company, was considered by the Shangcheng District Branch of the Hangzhou Municipal Public Security Bureau to meet the criminal filing standards for suspected fund-raising fraud and has been placed on file for investigation. Yu Zengyun does not hold a director, supervisor or senior executive position in the company, and the matters under investigation have nothing to do with the company. The company's operation and management are normal.

Jiangsu Guoxin: OCT Capital intends to transfer 7.36% of the company's shares by agreement

Jiangsu Guoxin (002608) announced on the evening of November 8 that Shenzhen OCT Capital Investment Management Co., Ltd. (hereinafter referred to as "OCT Capital"), a shareholder of 10.36% of the company, intends to transfer 278 million shares of the company by agreement through public solicitation and transfer, accounting for about 7.36% of the company's total share capital.

Wanfeng Aowei: The cooperation model with Volkswagen has changed

Wanfeng Aowei (002085) disclosed on the evening of November 8 that the subsidiary Wanfeng Aircraft and Volkswagen (China) signed the "Memorandum of Understanding on the Establishment of a Joint Venture Company" progress, after consideration, the two sides agreed to cancel the establishment of a joint venture cooperation model, the other provisions of the memorandum of understanding continue to be fulfilled, the two sides are still continuing to cooperate in the field of automotive lightweight. In addition, Wanfeng Aircraft and Volkswagen (Germany) signed a Memorandum of Understanding on Technical Cooperation in the Field of Electric Vertical Take-off and Landing (eVTOL), and the two sides agreed to carry out relevant cooperation in the field of eVTOL. With the support of Volkswagen (Germany), Wanfeng Aircraft plans to independently realize the development and future commercialization of large-scale industrial vertical mobility solutions using aircraft as carriers.

ST Bailing: Filed a case by the Securities Regulatory Commission on suspicion of disclosure violations

ST Bailing (002424) announced on the evening of November 8 that the company received the "Notice of Case Filing" issued by the China Securities Regulatory Commission on November 8. Due to the company's suspected illegal information disclosure, the CSRC decided to file a case against the company.

Yuanxing Energy: Received the "Notice of Case Filing" from the China Securities Regulatory Commission

Yuanxing Energy (000683) announced on the evening of November 8 that the company received the "Notice of Case Filing" issued by the China Securities Regulatory Commission.

Gauss Bell: Pre-won the bid for about 426 million yuan of computing power service projects

Gauss Bell (002848) announced on the evening of November 8 that recently, China Procurement and Bidding Network released the "Announcement of the Selection Results of the Recruitment Project of a Computing Service Project Partner", the company is the winning candidate for the project, with a project amount of about 426 million yuan, and the tendering unit is Qingdao Branch of China Mobile Communications Group Shandong Co., Ltd. If the bid is successfully won, it will be able to accelerate the company's strategic deployment in the computing network construction and computing power leasing market, which is conducive to the extension of the company's industrial chain and cutting into the computing power service track.

Highly shares: Gree Electric's shareholding in the company fell to 4.4%.

Highly Co., Ltd. (600619) announced on the evening of November 8 that from November 7 to November 8, Gree Electric Appliances reduced its holdings of 6.7637 million shares of the company by centralized bidding, with a reduction ratio of 0.63%. After this change in equity, the proportion of shares held by Gree Electric Appliances in the company has changed from 5.03% to 4.4%, and the total shareholding ratio of Gree Electric Appliances and its concerted actor Hong Kong Gree Electric Appliances Sales Co., Ltd. has changed from 5.63% to 4.999993%, and will no longer be shareholders holding more than 5% of the company's shares.

[M&A and reorganization].

Longquan shares: plans to acquire 80% of the shares of Nantong Power Station to cut into the field of high-end metal valve manufacturing

Longquan Co., Ltd. (002671) announced on the evening of November 8 that the company signed an equity transfer framework agreement with Zhejiang Diai Intelligent Control Technology Co., Ltd. (hereinafter referred to as "Diai Intelligent Control"), Li Hailin, Li Bin and Gu Lina, intending to acquire 80% of the equity of Nantong Power Station Valve Co., Ltd. (hereinafter referred to as "Nantong Power Station") in cash. The estimated valuation of the equity of the transaction of the controlling shareholder of Nantong Power Station, Diai Intelligent Control, is 356 million yuan, and the estimated valuation of the equity of the minority shareholders Li Hailin, Li Bin and Gu Lina is 290 million yuan. The implementation of this transaction will help optimize the company's business structure, enable the company to quickly enter the field of high-end metal valve manufacturing, and improve and strengthen the company's high-end metal products manufacturing business layout.

International Industry: Plans to acquire 80% of the equity of Xinjiang Cestbon Mining Company

International Industry (000159) announced on the evening of November 8 that the company signed a letter of intent with Shanghai Hengshi Mining Investment Co., Ltd. to acquire 80% of the shares of Xinjiang Cestbon Mineral Resources Exploration and Development Co., Ltd. (hereinafter referred to as "Xinjiang C'estbon Minerals"). Xinjiang Cestbon Mining Co., Ltd. operates copper mines, gold and copper prospecting, copper mining and dressing, mineral resources exploration projects, etc. It has 1 prospecting right with an area of 2.68 square kilometers and 2 mining rights with an area of 1.988 square kilometers.

China Dynamics: Plans to purchase a minority stake in CSSC Diesel Engine Company

China Dynamics (600482) disclosed the restructuring plan on the evening of November 8, the company intends to purchase 16.5136% of the shares of CSSC Diesel Engine Co., Ltd. from China Shipbuilding Industry Corporation by issuing convertible bonds and paying cash, and issue convertible bonds to no more than 35 specific investors to raise matching funds. The exact price of the deal has not yet been determined. The transaction is part of the Company's acquisition of a minority stake in a subsidiary within the scope of the merger. After the completion of the transaction, the company's shareholding ratio in CSSC Diesel Engine Co., Ltd. will be increased, and the competitiveness of the diesel engine power business will be enhanced. The company's shares resumed trading on November 11.

[Business data].

USI: Consolidated operating income in October decreased by 2.07% year-on-year

USI (601231) announced on the evening of November 8 that the company's consolidated operating income in October 2024 was 6.138 billion yuan, a year-on-year decrease of 2.07% and a month-on-month increase of 3.1%. The company's consolidated operating income from January to October 2024 was 50.144 billion yuan, a year-on-year increase of 1.66%.

SAIC: Vehicle sales in October decreased by 18.22% year-on-year

SAIC Motor (600104) disclosed its production and sales report for October 2024 on the evening of November 8, with a total of 401,900 vehicles sold in October, a year-on-year decrease of 18.22%; The cumulative sales from January to October were 3.0512 million units, a year-on-year decrease of 21.13%.

JAC: Sales in October fell 20.15% year-on-year

JAC Automobile (600418) released a production and sales express report for October on November 8, and the company's total vehicle sales in October 2024 were 29,900 units, a year-on-year decrease of 20.15%; The cumulative sales in the first 10 months were 345,200 units, a year-on-year decrease of 6.28%.

Daqin Railway: In October, the cargo volume of the Daqin Line decreased by 2.1% year-on-year

Daqin Railway (601006) announced on the evening of November 8 that in October 2024, the cargo transportation volume of the Daqin Line, the company's core operating asset, will be 34.11 million tons, a year-on-year decrease of 2.1%. From January to October, the Daqin line completed a total of 320.55 million tons of cargo transportation, a year-on-year decrease of 8.43%.

Tang Renshen: In October, the sales revenue of live pigs increased by 58.46% year-on-year

Tang Renshen (002567) announced on the evening of November 8 that the sales volume of live pigs in October was 497,400, an increase of 29.5% year-on-year and 55.34% month-on-month; The total sales revenue was 1.009 billion yuan, an increase of 58.46% year-on-year and 51.16% month-on-month. The year-on-year and month-on-month growth of the company's pig sales in October was mainly due to the increase in the number of pigs slaughtered under the "company + farmer" breeding model. From January to October 2024, the cumulative sales of live pigs were 3.2888 million heads, an increase of 9.08% year-on-year; The sales revenue was 5.922 billion yuan, an increase of 23.27% year-on-year.

Luo Niushan: In October, the sales revenue of live pigs fell by 14.58% year-on-year

Luo Niushan (000735) announced on the evening of November 8 that the company sold 45,300 live pigs in October 2024, with a sales revenue of 92.9563 million yuan, with month-on-month changes of -8.29% and -8.43%, and year-on-year changes of -30.82% and -14.58% respectively. The year-on-year decline in pig sales in October was mainly due to the closure of some inefficient pig farms at the beginning of the year. From January to October 2024, the company sold a total of 577,400 live pigs, a year-on-year decrease of 8.05%; The cumulative sales revenue was 1.074 billion yuan, a year-on-year decrease of 1.05%.

[Increase, decrease or decrease & repurchase].

Huatai shares: the controlling shareholder plans to increase the company's shares by no more than 2%.

Huatai shares (600308) announced on the evening of November 8 that the controlling shareholder Huatai Group increased its holdings of 1.48 million shares of the company for the first time through centralized bidding transactions on November 8, accounting for 0.1% of the company's total share capital, and increased its turnover by 5.5851 million yuan. Huatai Group plans to continue to increase its holdings of the company's shares in the next 12 months, with an increase of no more than 2% of the company's total share capital, and an increase of not less than 75 million yuan and no more than 150 million yuan.

Lihua shares: one of the actual controllers intends to reduce its holdings of no more than 3% of the shares

Lihua Co., Ltd. (300761) announced on the evening of November 8 that the concerted action of the company's actual controller Cheng Lili Changzhou Tianming Agricultural Technology Service Center (Limited Partnership) and Shenzhen Cangshi Investment Partnership (Limited Partnership) plan to reduce the company's shares by centralized bidding or block trading by a total of no more than 24.829 million shares (accounting for 3% of the company's total share capital).

Unisplendour shares: Unisplendour's special account intends to reduce its holdings of no more than 1% of the company's shares

Tsinghua Unigroup (000938) announced on the evening of November 8 that the company's 13.45% shareholder, Tsinghua Unigroup Co., Ltd., plans to reduce its holdings of no more than 28.5 million shares (about 0.9965% of the company's total share capital) through centralized bidding. According to the reorganization plan of the substantive merger and reorganization case of seven enterprises including Tsinghua Unigroup Co., Ltd., which was approved by the Beijing No. 1 Intermediate People's Court, the shares deposited in the special account of Tsinghua Unigroup are the debt repayment resources stipulated in the reorganization plan, and the shareholding reduction is a shareholding reduction arrangement made by the administrator in accordance with the instructions of Tsinghua Tsinghua Unigroup Co., Ltd. in accordance with the provisions of the reorganization plan.

Huate Gas: Shareholders are expected to reduce their holdings of the company by no more than 2% in total

Huate Gas (688268) announced on the evening of November 8 that Xiamen Huahong Duofu Investment Partnership (Limited Partnership), Xiamen Huahe Duofu Investment Partnership (Limited Partnership), and Xiamen Huajin Duofu Investment Partnership (Limited Partnership), which hold a total of 18.95% of the shares, intend to reduce their holdings of the company's shares through block trading, with a total reduction of no more than 2.4 million shares, accounting for no more than 2% of the company's total share capital.

Hongsheng shares: Changzhou Zhongke plans to reduce the company's holdings of no more than 3% of the shares

Hongsheng shares (603090) announced on the evening of November 8 that Changzhou Zhongke Jiangnan Equity Investment Center (Limited Partnership) (hereinafter referred to as "Changzhou Zhongke") plans to reduce its holdings of the company's shares by no more than 3 million shares, that is, no more than 3% of the company's total share capital.

[Other].

Xu Ji Electric: Xu Ji Smart Energy, a subsidiary, plans to pre-list and introduce war investment

Xu Ji Electric (000400) announced on the evening of November 8 that Xu Ji Smart Energy (Henan) Co., Ltd. (hereinafter referred to as "Xu Ji Smart Energy"), a wholly-owned subsidiary of the company, intends to pre-list on the property rights exchange and introduce strategic investors through capital increase and share expansion. After the completion of this transaction, the company will remain the controlling shareholder of Xu Ji Smart Energy.

Panjiang Co., Ltd.: It is planned to invest 1.115 billion yuan in the construction of a total of 200MW wind farm projects

Panjiang Co., Ltd. (600395) announced on the evening of November 8 that the company plans to invest in the construction of Shilaohu Wind Farm Project in Shaying Town, Guanling County, with an installation capacity of 100MW and a total investment of 559 million yuan through Panjiang New Energy Power Generation (Guanling) Co., Ltd., a holding subsidiary of the company, and through Panjiang New Energy (Puding) Co., Ltd., a wholly-owned subsidiary, to invest in the construction of Yujiajianshan Xinmin Wind Farm Project in Maodong Township, Puding County, with a construction and installation capacity of 100MW and a total investment of 556 million yuan. The total construction and installation capacity of the above-mentioned projects is 200MW, with a total investment of 1.115 billion yuan.

YOFC: The subsidiary plans to participate in the establishment of an angel venture fund

Changfei Optical Fiber (601869) announced on the evening of November 8 that the company's subsidiaries Changfei Capital and Borche Technology plan to sign the "Hubei Changfei Angel Venture Capital Fund Partnership Agreement" with Wuhan Changfei Industrial Fund Management Co., Ltd. and Hubei Chutian Fengming Science and Technology Innovation Angel Investment Fund Partnership (Limited Partnership). The total subscribed capital contribution of the angel venture fund is 500 million yuan, of which Changfei Capital, as a limited partner, intends to subscribe and contribute 166 million yuan, accounting for 33.2% of the total capital contribution; Borche Technology, as a limited partner, plans to subscribe and contribute 20 million yuan, accounting for 4% of the total capital contribution of the angel venture fund.

Jointown: It plans to participate in the establishment of investment funds related to new product strategies

Jointown (600998) announced on the evening of November 8 that the company intends to act as a limited partner and jointly invest in the establishment of Wuhan Jiuying Venture Capital Fund Partnership (Limited Partnership) (hereinafter referred to as "Jiuying Venture Capital Fund") with Chuchang Private Equity Fund, which is a subsidiary holding enterprise of the company's controlling shareholder. The total fundraising scale of Jiuying Venture Capital Fund is 500 million yuan, of which Jointown plans to subscribe for 245 million yuan, accounting for no more than 49%. Jiuying Venture Capital Fund mainly invests in innovative drugs, high-end generic drugs and other fields, which is in line with the development direction of the company's "new product strategy".

Bakken Energy: Plans to transfer 100% of the shares of Bakken Energy Ukraine

Bakken Energy (002828) announced on the evening of November 8 that in order to further optimize the asset structure and promote the implementation of the company's strategy, the company's wholly-owned grandson company Bakken Energy (Hong Kong) Co., Ltd. intends to transfer 100% of the equity of BEIKEN ENERGY UKRAINE LLC to potential counterparties. The company intends to simultaneously transfer part of its claims to Bakken Energy Ukraine LLC. The specific transaction plan is still being demonstrated.

ST Yuancheng: About 112 million yuan of idle raised funds have not been returned when they expire

ST Yuancheng (603388) announced on the evening of November 8 that as of now, the company has used idle raised funds to temporarily replenish the liquidity that has not been returned to the raised funds account for the time being, and the remaining 60 million yuan will expire on December 26, 2024.