Today's key announcements include:
1. The National Integrated Circuit Industry Investment Fund has reduced its long position in SMIC to 7.99%. According to a Hong Kong Stock Exchange filing, the fund's stake in SMIC decreased from 8.08% to 7.99% on May 26, 2026.
2. National Silicon Industry Group Co.,Ltd. announced that the National Integrated Circuit Industry Investment Fund has cumulatively reduced its holdings by 33.05 million shares, lowering its stake to 12.89%. The fund sold these shares through block trades between May 20 and May 28, 2026, reducing its shareholding from 13.89%. This change represents a reduction of over 1 percentage point.
3. Debon Technology Co.,Ltd. disclosed that the National Integrated Circuit Fund has cut its stake to 11.90%. The fund sold a total of 1.4224 million shares through centralized bidding and block trades from May 19 to May 28, 2026, reducing its holding from 12.90%. This move is part of a previously disclosed reduction plan and does not trigger a mandatory takeover offer. It will not change the company's controlling shareholder or actual controller, nor will it significantly impact corporate governance or ongoing operations.
4. China Southern Airlines Company Limited announced that its Chief Engineer, Li Zhigang, is under investigation for suspected serious violations of discipline and law. The company stated that its directors and other senior executives are performing their duties normally, and production and operations remain unaffected.
5. Chase Science Co.,Ltd. announced that its controlling shareholder and actual controller has been released from residential surveillance and the measure has been changed to an order to await investigation. The company recently received a "Notice of Change in Residential Surveillance" from the relevant supervisory authority regarding Zhang Gengsheng. Previously, on December 22, 2025, the company disclosed that Zhang Gengsheng was placed under investigation and residential surveillance.
6. Chongqing Genrix Biopharmaceutical Co.,Ltd. has signed a licensing agreement for the GR1803 project with Youcare Pharmaceutical Group Co.,Ltd., a controlled subsidiary of Fosun Pharma. Youcare obtains the rights to develop, produce, and commercialize the GR1803 injection in mainland China, Hong Kong, Macao, and Taiwan. The total transaction value could reach up to 1.82 billion yuan, including a 300 million yuan upfront payment, a 250 million yuan milestone payment upon marketing approval, cumulative milestone payments of up to 50 million yuan for technology transfer, and cumulative milestone payments of up to 1.22 billion yuan based on net sales. The company will also receive sales royalties based on net sales. The GR1803 injection is a bispecific antibody currently under review for a New Drug Application.
7. Montage Technology Co.,Ltd. announced that its shareholder, Shanghai Rongying Enterprise Management Partnership, and its concert parties have transferred 12.228 million A-shares via an inquiry transfer at a price of 250.08 yuan per share, for a total transaction value of approximately 3.058 billion yuan. Following this change, the combined shareholding of Shanghai Rongying and its concert party, WLT Partners, L.P., decreased from 6.84% to 5.78%, representing a reduction of over 1 percentage point. The transferees include 20 institutional investors such as UBS AG and Morgan Stanley International. The transferred shares cannot be sold within six months. This transfer will not change the company's status of having no controlling shareholder or actual controller.
8. Gansu Yatai Industrial Development Co.,Ltd. announced that its shares will resume trading on June 1, 2026, with the delisting risk warning removed. The stock will be suspended for one day on May 29, 2026. Upon resumption, the stock abbreviation will change from "*ST Yatai" to "Yatai Industrial," and the daily price fluctuation limit will be adjusted to 10%.
Risk warnings for volatile stocks:
1. Hefei Metalforming Intelligent Manufacturing Co.,Ltd., which saw two consecutive limit-up sessions, clarified it is not involved in AI computing power business and has not generated revenue related to nuclear fusion.
2. Jinduicheng Molybdenum Co.,Ltd., which saw two limit-up sessions in three days, clarified that information claiming it is a core material supplier for a major domestic chipmaker and that it has signed large related orders is untrue.
3. Tdg Holding Co.,Ltd. disclosed that concerted parties of its actual controller recently reduced their holdings by 0.31%.
Share Repurchase & Holdings Changes:
1. Newtouch Software Co.,Ltd.: Shareholders plan to collectively reduce their holdings by no more than 3% of the company's shares.
2. China Information and Communication Technologies Group Corporation: Shareholder CDB Manufacturing Upgrade Fund and its concert parties plan to collectively reduce their holdings by no more than 1% of the shares.
Major Contract Awards:
1. GRG Banking Equipment Co.,Ltd.: A controlled subsidiary won a 309 million yuan government cloud project.
2. Grandblue Environment Co.,Ltd.: Signed an EPC+O contract for industrial wastewater resource utilization worth approximately 302 million yuan.
3. Qiaoyin City Management Co.,Ltd.: Received two winning bid notices for sanitation projects with a total value of approximately 264 million yuan.
4. Jianglong Shipbuilding Co.,Ltd.: A subsidiary signed a contract for two anchor handling tug supply vessels worth approximately 185 million yuan.
5. Huakang Clean Energy Co.,Ltd.: Won a 94 million yuan electronic cleanroom project from Advanced Micro-Fabrication Equipment Inc. China.
Comments