Today's Highlights
Biwin Storage Technology Co.,Ltd. (SH: 688525) Secures $1.86 Billion Enterprise Flash Memory Procurement Contract
Biwin Storage Technology Co.,Ltd. has announced the signing of a routine operational procurement contract with a primary storage manufacturer. The company has agreed to purchase enterprise-grade flash memory particles from this supplier based on predetermined quantities, prices, and delivery schedules. The total committed purchase value of the contract is $1.861 billion, with both volume and price locked in for a total commitment period of 24 months, effective from the contract start date until June 30, 2028. The purchase volume for 2026 accounts for 4.45% of the company's total NAND flash procurement in 2025, increasing to 14.88% in 2027. This contract is designed to secure medium to long-term supply capacity and delivery timelines for memory particles, mitigating the risk of supply disruption.
BOE Technology Group Co., Ltd. (SZ: 000725) Achieves Full Integration of Perovskite Pilot Line, Plans Extreme Condition Tests
BOE Technology Group Co., Ltd. reported that its perovskite pilot line achieved full integration just 38 days from equipment move-in to the first sample, setting a new industry record. The company is pursuing parallel development using rigid, flexible, and tandem component technology routes, achieving glovebox efficiency of 27.61%, experimental line efficiency of 21.39%, pilot line efficiency of 20.11%, and flexible component efficiency of 16.6%, creating four world records certified by third parties. The company plans to conduct extreme condition validation tests in Mohe, Heilongjiang; Turpan, Xinjiang; and Yinchuan, Ningxia in the second half of this year. Regarding application scenarios, the company has established the world's first perovskite BIPV (Building-Integrated Photovoltaics) zero-carbon cabin and is collaborating with leading consumer electronics companies to advance innovative product development such as perovskite price tags and unmanned vehicles. The company is focused on improving perovskite efficiency and lifespan, accelerating research to output lifespan solutions meeting ISOS and IEC standards, and advancing the transition from pilot line technology to mass production.
Goertek Inc. (SZ: 002241) Plans to Invest 500 Million Yuan in Goertek Optics
Goertek Inc. announced that the company and Ningbo Sunny Optical Technology Co., Ltd. intend to invest 500 million yuan each in cash to increase the capital of Goertek Optics Technology Co., Ltd., subscribing to its newly added registered capital. Upon completion of the capital increase, the company's stake in Goertek Optics will rise to 39.6676%, maintaining its position as the largest shareholder. This transaction constitutes a connected transaction and requires approval at a shareholders' meeting.
Honghe Technology Co., Ltd. (SH: 603256) Shareholders Plan to Reduce Holdings by Up to 3%
Honghe Technology Co., Ltd. announced that shareholder SHARPTONE intends to reduce its holdings by no more than 9.0459 million shares (1% of total share capital) via centralized bidding due to funding needs. Shareholder UNICORNACE intends to reduce its holdings by no more than 18.0917 million shares (2% of total share capital) via block trading, also for funding requirements. The reduction period is within three months starting 15 trading days after the announcement disclosure date.
CBC (China) Telecom Co., Ltd. (SH: 603220) Wins 740 Million Yuan Smart Computing Hub Center Project
CBC (China) Telecom Co., Ltd. announced it has received the winning bid notice for the "Hubei Yichang Dianjun Huayun Smart Computing Hub Center Project" from Hubei Huayun SuanNeng Investment Construction Co., Ltd., with a total contract value of 740 million yuan. The main project scope involves the procurement, installation, and commissioning of computing cluster equipment, as well as data center electromechanical works.
Naura Technology Group Co., Ltd. (SH: 688012) Determines H-Share Global Offering and Listing Matters
Naura Technology Group Co., Ltd. announced that its third board of directors' sixth meeting reviewed and passed the "Proposal on Determining Matters Related to the H-Share Global Offering and Listing on The Stock Exchange of Hong Kong Limited," approving the H-Share global offering arrangements, the publication of the prospectus and related documents, and authorizing the handling of specific issuance and listing matters.
Geling Deepin Technology Co., Ltd. (SH: 688207) Clarifies It Does Not Directly Engage in Physical AI Products or Business
Geling Deepin Technology Co., Ltd. issued an unusual trading activity announcement stating that its core business relies on visual algorithms and multimodal large model technology. For the 2025 fiscal year, consolidated revenue primarily came from AI products, intelligent terminal computing devices, and solutions in government and special sectors, urban management, and smart finance. The company does not directly engage in physical AI products or business. Its existing robot perception and control technology is currently mainly applied in the rail transit operation and maintenance field, with a relatively singular application scenario. Furthermore, the revenue from this segment in 2025 constituted a minimal proportion of the company's consolidated revenue and does not have a significant impact on overall operational performance. Physical AI technology requires substantial R&D investment and experiences rapid iteration. Downstream application industry/scenario expansion and commercialization are still in early stages. If market demand, industry policies, or the competitive technological landscape change unfavorably, there is uncertainty regarding revenue and profit contribution from related scenarios.
Hubei Feilihua Quartz Glass Co., Ltd. (SZ: 300395) Plans to Establish Joint Venture for High-Purity Precision Quartz Material Project
Hubei Feilihua Quartz Glass Co., Ltd. announced that the company plans to jointly establish Hubei Jutong New Quartz Materials Co., Ltd. with Wuhan Changyingtong Photoelectric Technology Co., Ltd. and Hubei Changyi Gongying Venture Capital Fund Partnership Enterprise to co-invest in the "High-Purity Precision Quartz Material Project for Optical Fiber Supporting Applications." The project will primarily produce products like liner tubes and sleeves for optical fiber supporting applications, with an estimated annual capacity of 70 tons. The project company's registered capital is 100 million yuan, of which the company will contribute 51 million yuan, representing a 51% stake.
*ST Jintai (SZ: 300225) to Have Delisting and Other Risk Warnings Removed on June 11, Ticker Changes to "Jinlitai"
*ST Jintai announced that trading of the company's shares will have the "delisting risk warning" and "other risk warning" removed starting from the market open on June 11, 2026. The stock abbreviation will change from "*ST Jintai" to "Jinlitai," while the stock code remains 300225, and the daily price fluctuation limit remains 20%. The company's shares will be suspended for one day on June 10 and resume trading on June 11.
JiaYi Co., Ltd. (SZ: 301004) Chairman Proposes Share Buyback of 40-80 Million Yuan
JiaYi Co., Ltd. announced that the company's Chairman, Qi Xinghua, has proposed that the company repurchase a portion of its shares via centralized bidding for future implementation of equity incentive plans or employee stock ownership plans. The total repurchase amount will be no less than 40 million yuan and no more than 80 million yuan, funded by the company's own funds and raised funds. The maximum repurchase price will not exceed 150% of the average trading price of the stock in the 30 trading days prior to the board's review and approval of the repurchase plan.
Jiangsu Hengrui Pharmaceuticals Co., Ltd. (SH: 600276) Receives Clinical Trial Approvals for Three Innovative Drugs Including HRS-6209
Jiangsu Hengrui Pharmaceuticals Co., Ltd. announced that the company and its subsidiaries Shandong Shengdi Pharmaceutical Co., Ltd. and Guangdong Hengrui Pharmaceutical Co., Ltd. recently received the "Drug Clinical Trial Approval Notices" for HRS-6209 capsules, HRS-8080 tablets, and HRS-9813 capsules issued by the National Medical Products Administration, and will conduct clinical trials in the near future. Among them, HRS-6209 is a novel selective CDK4 inhibitor intended for the treatment of advanced malignant solid tumors and has entered Phase II clinical stage, with cumulative R&D investment for the related project of approximately 158 million yuan; HRS-8080 is an oral selective estrogen receptor degrader (SERD) that has entered Phase II/III clinical stage, with cumulative R&D investment of approximately 313 million yuan; HRS-9813 is a self-developed Class 1 innovative drug with cumulative R&D investment of approximately 177 million yuan.
Beijing-Shanghai High Speed Railway Co., Ltd. (SH: 601816) Elects Li Jingwei as Chairman and Adjusts Senior Management
Beijing-Shanghai High Speed Railway Co., Ltd. announced that the company held a board meeting on June 9, 2026, electing Li Jingwei as Chairman and as a member and chairperson of the Strategic Development Committee. Concurrently, Li Jingwei resigned from the position of General Manager due to work adjustments, and Zheng Yong resigned from the position of Chief Legal Counsel due to work adjustments. Zheng Yong will continue to serve as Deputy General Manager. The aforementioned changes will not affect the company's normal operations.
Hunan Nanxun Pharmaceutical Co., Ltd. (SH: 688189) Shares to Be Subject to Other Risk Warning on June 11
Hunan Nanxun Pharmaceutical Co., Ltd. announced that the company received the "Administrative Penalty Prior Notice" issued by the Hunan Regulatory Bureau of the China Securities Regulatory Commission (CSRC). The notice states that the company's 2023 annual report inflated operating revenue by 64.6828 million yuan, accounting for 8.69% of the period's operating revenue; and inflated total profit by 11.9522 million yuan, accounting for 157.11% of the period's total profit. The CSRC proposes to warn the company and impose a fine of 5 million yuan, and impose fines of 2.5 million yuan, 2 million yuan, and 2 million yuan respectively on responsible individuals including then-General Manager Zhang Shixi, then-Financial Director Li Liang, and Chairman Hu Xinbao. The company's shares may be subject to an other risk warning, but this does not trigger a major illegal forced delisting scenario. The company's shares will be suspended for one day on June 10 and resume trading on June 11, with the stock abbreviation changing to "ST Nanxin" while the stock code remains unchanged. During the implementation of the risk warning, the cumulative number of shares investors can purchase on a single day must not exceed 500,000 shares.
Yongtai Energy Co., Ltd. (SH: 600157) Actual Controller Wang Guangxi Fined 6.8 Million Yuan for Information Disclosure Violations
Yongtai Energy Co., Ltd. announced that the company's actual controller, Wang Guangxi, has been fined 6.8 million yuan by the Hainan Regulatory Bureau for information disclosure violations. As the then-Chairman of Haide Co., Ltd., Wang Guangxi was aware of the related-party capital occupation situation at Haide Co., Ltd., and signed to guarantee the truthfulness, accuracy, and completeness of Haide Co., Ltd.'s 2021, 2022, 2023 annual reports, and 2024 semi-annual report. He failed to diligently perform his duties, violating Article 82, Paragraph 3 of the Securities Law, and is a directly responsible supervisor for Haide Co., Ltd.'s information disclosure violations.
Novogene Co., Ltd. (SH: 688315) Erroneously Included in 1260H List, Engages in Communication with U.S. Authorities
Novogene Co., Ltd. announced that the company has noted that the U.S. Department of Defense, in accordance with Section 1260H of the "National Defense Authorization Act for Fiscal Year 2021," updated a related list on June 8, 2026, including "Novogene Company Limited" and over seventy other Chinese companies. Novogene is an independently operated private enterprise with no ownership, control, beneficial ownership, or affiliation relationship with the departments specified in Section 1260H of the "National Defense Authorization Act for Fiscal Year 2021." The basis for designating the company's inclusion in the 1260H list is completely inconsistent with the facts. Novogene has initiated communication with relevant U.S. parties to clarify the facts and will take necessary measures to safeguard the legitimate rights and interests of the company and its global stakeholders. Novogene's erroneous inclusion in the 1260H list does not mean it has been placed on any sanctions or export control list. As of now, the company's business operations are proceeding normally without any abnormalities observed.
Hubei Feilihua Quartz Glass Co., Ltd. (SZ: 300395) to Establish 100 Million Yuan Joint Venture with Changyingtong and Others
Hubei Feilihua Quartz Glass Co., Ltd. announced that the company plans to jointly establish Hubei Jutong New Quartz Materials Co., Ltd. with Wuhan Changyingtong Photoelectric Technology Co., Ltd. and Hubei Changyi Gongying Venture Capital Fund Partnership Enterprise. The registered capital is 100 million yuan, of which the company will contribute 51 million yuan, representing a 51% stake; Changyingtong will contribute 20 million yuan, representing a 20% stake; and Changyi Gongying will contribute 29 million yuan, representing a 29% stake. The joint venture will construct the "High-Purity Precision Quartz Material Project for Optical Fiber Supporting Applications," with an estimated annual capacity of 70 tons.
Shanghai Kaibao Pharmaceutical Co., Ltd. (SZ: 300039) Receives Administrative Supervision Measures Decision from Shanghai CSRC Bureau
Shanghai Kaibao Pharmaceutical Co., Ltd. announced that the company received an Administrative Supervision Measures Decision from the Shanghai CSRC Bureau, which pointed out issues including the use of employees' personal bank cards for secondary distribution of wages, the use of employees' personal bank cards to collect employee social insurance payments, non-standardized payment of service fees, and discrepancies between sales expense accounting and actual expense occurrences. In response, the Shanghai CSRC Bureau decided to take corrective administrative supervision measures against the company, and issue warning letters as administrative supervision measures against Chairman Mu Jingwei, Director and General Manager Zhou Yingbin, Director and former Financial Director Ren Liwang, and Director and current Financial Director Chen Youlong.
Sinochem International Corporation (SH: 600500) Achieves Stable Supply to Global Top 5 Clients in Fiber Optic Cable Sector with High-Modulus Para-Aramid Products
Sinochem International Corporation announced that the company's current total para-aramid capacity is 8,000 tons per year, with the facility operating at high utilization rates, leading domestic market share in areas such as safety protection and cable reinforcement. The technology has reached international advanced levels. Leveraging the performance advantages of high modulus and high dimensional stability, the high-modulus products have achieved stable supply to the global top five clients in the fiber optic cable sector.
Notable Stock Risk Warnings
1. ST Huayi Brothers Media Co., Ltd. (SZ: 300027): Judicial auction of controlling shareholder's 28 million shares completed.
2. Sanan Optoelectronics Co., Ltd. (SH: 600703): 9.34% of shares held by controlling shareholder Sanan Electronics Co., Ltd. subject to successive freezing.
3. Xianhe Co., Ltd. (SH: 603733): One of the actual controllers, Wang Minglong, fined 600,000 yuan for short-swing trading.
4. Jiangsu Maysta Chemical Co., Ltd. (SH: 603041): Fire incident at subsidiary; production halted in the affected area.
5. *ST Wingtech Technology Co., Ltd. (SH: 600745): Dispute exists regarding major asset sale of India business package; legal response procedures initiated.
6. Zongshen Power Machinery Co., Ltd. (SZ: 001696): Not involved in undisclosed major matters; asset swap still holds uncertainty.
7. Yongtai Energy Co., Ltd. (SH: 600157): Company's actual controller fined 6.8 million yuan by CSRC for matters unrelated to the company.
8. Yingli Co., Ltd. (SZ: 300956): Terminates investment by wholly-owned subsidiary to establish a Dutch subsidiary.
9. Lotus Holdings Co., Ltd. (SZ: 000720): Not involved in undisclosed major matters; investment target is in a state of significant losses.
10. Lanshi Heavy Equipment Co., Ltd. (SH: 603169): Dismisses Deputy General Manager Wang Bingzheng.
11. Shanghai Xuerong Bio-Technology Co., Ltd. (SZ: 300511): 14.79% of shares held by shareholder Yang Yongping subject to judicial freezing.
12. Helon Intelligent Control Technology Co., Ltd. (SZ: 300201): The controlling shareholder of the company's largest shareholder and its actual controller received the "Administrative Penalty Decision" for matters unrelated to the company.
13. Hunan Nanxun Pharmaceutical Co., Ltd. (SH: 688189): Company shares to be subject to other risk warning on June 11.
Key Company Performance Overview
1. Xiaoming Poultry Industry Co., Ltd. (SZ: 300967): May chicken product sales revenue 87.8462 million yuan, down 16.76% month-on-month.
2. Shandong Yisheng Livestock & Poultry Farming Co., Ltd. (SZ: 002458): May white-feathered broiler chick sales revenue 248 million yuan, up 13.00% month-on-month.
3. Luoniushan Co., Ltd. (SZ: 000735): May hog sales revenue 102 million yuan, up 1.06% year-on-year.
4. Tiankang Animal Husbandry Technology Co., Ltd. (SZ: 002100): May hog sales revenue 293 million yuan, down 2.66% month-on-month, down 15.07% year-on-year.
5. Xintian Green Energy Co., Ltd. (SH: 600956): May power generation volume up 9.97%, gas transmission volume down 28.36%.
6. Tangrenshen Group Co., Ltd. (SZ: 002567): May total hog sales revenue 339 million yuan, down 59.68% year-on-year.
Share Buybacks & Holdings Changes
1. XinKe Materials Co., Ltd. (SH: 600255): Share reduction plans by Chairman Song Zhigang and two other senior executives completed; Song Zhigang reduced 0.0498%.
2. Jiangsu Huasheng Lithium New Energy Technology Co., Ltd. (SH: 688353): Shareholder Jinnonglian Industrial plans to reduce holdings by up to 1%.
3. Koto Bio-Tech Co., Ltd. (SZ: 300858): First share buyback of 0.2467% of company shares completed, total transaction value 9.894 million yuan.
4. Longking Environmental Protection Co., Ltd. (SH: 600388): First share buyback of 1.8417 million shares completed, amount 30.5941 million yuan.
5. Shanghai Conpound Pharmaceutical Co., Ltd. (SH: 688078): Share reduction plan by shareholders including Wuxi Yunhui expired without implementation.
6. Lushan New Materials Co., Ltd. (SH: 603051): Share reduction by controlling shareholder's concert parties Lushan Information and Wang Jiasheng totaling 2.99% completed.
7. Junchuang Technology Group Co., Ltd. (BJ: 833533): Plans to invest $3 million to establish an overseas subsidiary.
8. Baiyin Nonferrous Group Co., Ltd. (SH: 601212): CITIC Group has reduced holdings by 0.047%.
9. Honghai Technology Co., Ltd. (SZ: 301311): Shareholder Yuan Xingli plans to reduce holdings by 1%.
10. Zhejiang Bio-Tech Bio-Pharmaceutical Co., Ltd. (SH: 688767): Cumulative repurchased shares account for 1.0626% of total share capital.
11. Jiangsu Expressway Co., Ltd. (SH: 600377): Invests 500 million yuan to subscribe to Zijing Trust's capital increase.
12. Zhejiang Xinfengming Group Co., Ltd. (SH: 603225): Actual controller and several shareholders plan to reduce holdings.
13. Bettercare Medical Equipment Co., Ltd. (SH: 603059): Shareholder Xiaobei No. 1 has reduced holdings by 0.1388%.
14. OFILM Group Co., Ltd. (SZ: 002456): Receives approval to issue 138 million shares for asset acquisition.
15. China Shipbuilding Technology Co., Ltd. (SH: 600072): Subsidiary plans to invest approximately 4.149 billion yuan to construct three wind power projects.
16. Zhongtian Rocket Technology Co., Ltd. (SZ: 003009): Shareholders plan to collectively reduce holdings by up to 3%.
17. Yunnan Energy New Material Co., Ltd. (SZ: 002812): Lithium battery separator project receives filing, total investment 4 billion yuan.
18. MINISO Group Holding Ltd. (HK: 9896): Repurchased 1.9166 million shares for nearly 50 million Hong Kong dollars.
19. Shanying International Co., Ltd. (SH: 600567): Chairman proposes share buyback of 300-600 million yuan.
20. Silicon Microelectronics Co., Ltd. (SH: 688325): During the period of unusual trading activity, actual controllers Zhao Jianhua and Ge Weiguo reduced holdings of company shares.
21. Union Optech Co., Ltd. (SZ: 300691): Plans to repurchase shares worth 25-50 million yuan.
22. Shandong Dawn Polymer Co., Ltd. (SZ: 002838): Controlling subsidiary plans to invest 500 million yuan to construct a 25,000-ton-per-year EPDM rubber project.
23. Solartech Energy Corporation (SH: 603612): Adjusts external investment plan, plans to increase investment by 305 million yuan to construct carbon material project.
24. JiaYi Co., Ltd. (SZ: 301004): Controlling shareholder plans to increase holdings by 40-80 million yuan.
25. Longhua Technology Group Co., Ltd. (SZ: 300263): Certain directors and senior executives plan to collectively reduce holdings by up to 1% of company shares.
26. Air China Limited (SH: 601111): Shareholding ratio of Air China Group and its concert parties increased to 60.58%.
27. Zhongfu Shenying Carbon Fiber Co., Ltd. (SH: 688295): Shareholder Zhonglian Investment has reduced holdings by 1.5524%.
28. Youngor Group Co., Ltd. (SH: 600177): Shareholding ratio of controlling shareholder and its concert parties increased to 43.03%.
29. Yuanli Chemical Group Co., Ltd. (SZ: 300174): Five shareholders plan to reduce holdings.
30. Tus-Design Group Co., Ltd. (SZ: 300500): Plans to transfer 100% equity of Jialida for 1 yuan.
31. Tikaiying Technology Co., Ltd. (SZ: 301192): Plans to repurchase company shares worth 30-50 million yuan.
32. Dalian Baiao Chemical Co., Ltd. (SH: 603360): Waives preemptive right to subscribe to capital increase of Xinhulianxin; shareholding ratio drops to 8.4851%.
33. WuXi AppTec Co., Ltd. (SH: 603259): Plans to repurchase 1 billion yuan worth of shares for employee stock ownership plan.
34. SG-DAWN Technology Co., Ltd. (SZ: 300331): Controlling shareholder and shareholders holding over 5% plan to transfer 5% of shares via agreement.
35. Yusys Technologies Co., Ltd. (SZ: 300674): Shareholder Mingfeng Development terminates plan to reduce holdings by 3%.
36. Anhui Jianghuai Automobile Group Corp., Ltd. (SH: 600418): Plans to repurchase shares worth 50-100 million yuan.
Major Contract Awards
1. Chuangyuan Technology Co., Ltd. (SZ: 000551): Controlling subsidiary pre-qualified for State Grid project worth 174 million yuan.
2. Hunan Huana Cable Co., Ltd. (SZ: 001208): Recently awarded contracts totaling approximately 531 million yuan.
3. CBC (China) Telecom Co., Ltd. (SH: 603220): Wins 740 million yuan smart computing hub center project.
4. Yunnan Energy Investment Co., Ltd. (SZ: 002053): Company obtains development rights for three projects including the Jiudongfeng Wind Farm in Gucheng District, Lijiang City.
5. Tong Oil Services Co., Ltd. (SZ: 300164): Wins oil and gas service project from Algeria's national oil company worth approximately 1.021 billion yuan.
6. Shanghai Geoharbor Construction Group Co., Ltd. (SH: 605598): Singapore branch signs supplementary contract with client, total value 298 million yuan (including tax).
7. Hunan Development Group Co., Ltd. (SZ: 000722): Signs 600 million yuan investment and development agreement for centralized photovoltaic project.
8. TGOOD Electric Co., Ltd. (SZ: 300001): Pre-qualified for State Grid projects with estimated total winning bid amount of approximately 278 million yuan.
9. *ST Yabo (SZ: 002323): Subsidiary pre-qualified for 194 million yuan EPC general contracting project, amount accounting for 66.19% of company's 2025 revenue.
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