1. Kweichow Moutai: Executive Vice President Jiang Yan Under Investigation Kweichow Moutai announced that on March 13, 2026, the company received a notice from the Zunyi Supervisory Commission regarding the investigation of its Executive Vice President, Jiang Yan. The company stated that its production and operations remain normal and orderly, and the matter is not expected to significantly impact business management. Currently, Chairman Chen Hua is acting as the Board Secretary.
2. Sunway Communication Plans Private Placement to Raise Up to 6 Billion Yuan Sunway Communication announced a plan to issue shares to specific investors, aiming to raise no more than 6 billion yuan (RMB). The net proceeds, after deducting issuance costs, will be allocated to projects including commercial satellite communication devices and components, RF devices and components, and chip thermal management components.
3. PowerChina Subsidiary Signs 5.456 Billion Yuan Contract for Indonesian Nickel Mine Project A subsidiary of PowerChina, PowerChina Indonesia Co., Ltd., has signed an engineering procurement construction contract with an Indonesian company for the TMS nickel mining project. The contract is valued at approximately 5.456 billion yuan. Located in North Konawe Regency, Southeast Sulawesi, Indonesia, the project involves nickel ore stripping, mining, blending, transportation, storage, and loading, along with supporting temporary facilities and mine road maintenance. The project duration is 60 months.
4. Tianfeng Securities Fined 15 Million Yuan for Regulatory Violations Tianfeng Securities received an "Administrative Penalty Decision" from the China Securities Regulatory Commission's Hubei Bureau for suspected violations including non-compliant information disclosure and illegal financing. The company was issued a warning and fined 15 million yuan. Several senior executives, including former Chairman Yu Lei and Vice President & CFO Xu Xin, were also warned and fined. Yu Lei and Xu Xin were banned from the securities market for life.
5. Jingweihuikai Plans to Divest Electronics Information Business Segment Jingweihuikai announced its intention to transfer assets related to its electronics information business segment, primarily including several subsidiaries, to Shenzhen Fujie Technology Co., Ltd. The transaction, to be conducted in cash, is expected to constitute a major asset reorganization. The transaction price has not yet been determined. Prior to the transaction, the company's main businesses were R&D, production, and sales of LCD modules, touch display modules, electromagnetic wires, and IT solutions. This move will allow the company to focus on its power sector and IT solutions business.
6. Shuangliang Energy-Saving's Controlling Shareholder Under CSRC Investigation Shuangliang Energy-Saving announced that its controlling shareholder, Shuangliang Group Co., Ltd., recently received a formal investigation notice from the CSRC due to suspected information disclosure violations. This investigation relates to a previous case involving misleading statements dated February 27, 2026, but is not expected to affect the company's or its subsidiaries' production and operations, which remain normal.
**Financial Performance** 1. Xinqi Microdisplay: 2025 net profit was 290 million yuan, a year-on-year increase of 80.42%; proposed dividend of 7 yuan per 10 shares. 2. Pudong Construction: 2025 net profit was 353 million yuan, a year-on-year decrease of 40.48%.
**Share Repurchases & Changes in Holdings** 1. Impact Health: Plans to repurchase shares worth 56 million to 112 million yuan. 2. Teway Food Group: Plans to repurchase shares worth 16 million to 32 million yuan. 3. Shentong Technology: Shareholder Biheng Investment plans to reduce its stake by no more than 3%. 4. Tengyuan Cobalt: Shareholder Changjiang Chendao plans to reduce its stake by no more than 2%. 5. Shanxi Gas: Shareholder Hongzhan Property plans to reduce its stake by no more than 2.07%.
**Major Contracts** 1. Narui Radar: Signed a 231 million yuan contract for a weather radar equipment procurement project. 2. China Nuclear Engineering: Signed new contracts worth 9.109 billion yuan in the first two months of the year.
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