Today's Focus WuXi AppTec released its 2025 performance forecast, expecting net profit attributable to shareholders of RMB 19.151 billion, representing a year-on-year increase of approximately 103%. This figure includes investment income from the partial sale of an equity stake in an associate company and the divestiture of certain business segments. Basic earnings per share for the period are expected to be approximately RMB 6.70 per share, an increase of about 104.27% year-on-year. The company continues to focus on its unique "integrated, end-to-end" CRDMO business model, seizing the certainty of client demand for enablement, continuously expanding new capabilities, building new capacity, optimizing production processes, and improving operational efficiency to drive sustained and steady business growth.
East Money announced that its subsidiary, East Money Securities, has received approval from the China Securities Regulatory Commission to publicly issue subordinated corporate bonds with a total face value not exceeding RMB 20 billion to professional investors. This approval is valid for 24 months from the date of consent to registration, and East Money Securities may issue the bonds in tranches within this valid registration period.
Junda Shares announced that its controlling shareholder, Jindi Technology, plans to reduce its shareholding by no more than 3% of the company's total shares (excluding shares in the repurchase专用 account) within three months starting 15 trading days after the announcement date, through centralized bidding or block trades, totaling no more than 8.7254 million shares.
Wus Printed Circuit announced that, following a proposal from its 8th Board of Directors' Strategy and ESG Committee, the company held its 12th meeting of the 8th Board of Directors on January 12, 2026, and reviewed and approved the "Proposal on Agreeing to Sign the Investment Cooperation Agreement and Making an External Investment to Establish a Wholly-Owned Subsidiary," agreeing to proceed with the "High-Density Optoelectronic Integrated Circuit Board Project." The project plans to establish a wholly-owned subsidiary in the Jintan District of Changzhou to build an incubation platform for cutting-edge technologies like CoWoP and advanced processes such as mSAP, creating a closed-loop system of "R&D - pilot testing - verification - application," and laying out next-generation technology directions like optical-copper integration. It aims to systematically enhance product capabilities in signal transmission, power distribution, and functional integration. After the relevant technology processes are validated and meet industrialization conditions, large-scale production lines for high-density optoelectronic integrated circuit boards will be constructed. The planned wholly-owned subsidiary will have a registered capital of USD 100 million, and the total planned investment for the project is USD 300 million, to be implemented in two phases: Phase I involves an investment of USD 100 million; Phase II, contingent on the孵化 results of Phase I and market development needs, involves an investment of USD 200 million. Upon full production, the project is expected to add an annual production capacity of 1.3 million high-density optoelectronic integrated circuit boards and generate approximately RMB 2 billion in additional annual revenue.
Nanxing Shares announced that its stock price had deviated by more than 20% over three consecutive trading days, constituting an abnormal trading fluctuation. The company had previously disclosed a "Pre-disclosure Announcement on the Share Reduction Plan of the Controlling Shareholder and Senior Management" on September 24, 2025. It was confirmed that as of January 12, 2026, the company's controlling shareholder, Dongguan Nanxing Industrial Investment Co., Ltd., had reduced its holdings by a total of 3.669 million shares. During the abnormal fluctuation period (January 8, January 9, and January 12, 2026), Nanxing Investment reduced its holdings by 715,000 shares via block trades. Apart from this reduction, the company's actual controllers, Lin Wangnan and Zhan Jianxing, did not reduce their holdings during the abnormal fluctuation period. As of now, the share reduction plan of Nanxing Investment has not been fully implemented.
Shimao Energy announced that its controlling shareholder, Shimao Investment, and the actual controller are planning a share transfer matter that may lead to a change in the company's control. To ensure fair information disclosure and protect investor interests, trading in the company's shares was suspended at the market open on January 12, 2026, and will continue to be suspended on January 13, 2026. The cumulative suspension period is expected not to exceed two trading days. During the suspension, the company will fulfill its information disclosure obligations based on the progress of the matter.
Huashi Technology announced that its controlling shareholder, actual controllers Yu Yongfang and Ye Jianbiao, and a shareholder holding more than 5%, Zhang Zhongcan, are planning a major matter that may lead to a change in the company's control. To ensure fair information disclosure, protect investor interests, and avoid abnormal stock price fluctuations, trading in the company's shares will be suspended starting at the market open on January 13, 2026, for an expected period not exceeding two trading days. During the suspension, the company will strictly fulfill its information disclosure obligations in accordance with laws and regulations. Once the matter is finalized, the company will promptly disclose relevant announcements and apply for the resumption of trading.
China Nuclear Engineering Corporation, which saw its stock hit the daily limit up three times in four days, announced that its second-largest shareholder, China Cinda Asset Management, reduced its holdings by 7.8666 million shares from January 7 to January 9, 2026, accounting for approximately 0.26% of the company's total shares. After this reduction, China Cinda holds 301 million shares, representing about 10.00% of the company's total shares.
Sichuan Create Electronic Technology announced that the Military Procurement Network issued an announcement on January 11, 2026. According to relevant regulations on military supplier management, the Supply Bureau of the Central Military Commission's Office Administration Bureau has suspended the company's qualification to participate in procurement activities for materials, engineering, and services for the entire military, effective January 11, 2026. Impact and Risk Warnings: First, upon learning of the suspension, the company attached great importance internally and is conducting an internal investigation into the reasons for the违规 handling decision and actively preparing an appeal. This matter is expected to have a certain impact on the company's materials, engineering, and services business in the logistics support field in the short term. Second, this matter does not constitute an administrative penalty. The company's overall operations are currently normal, and relevant contracts signed before the suspension date are unaffected.
Jiangsu Jianghua Microelectronics Materials announced that its controlling shareholder, Zibo Xingheng Tusong Holding Co., Ltd., is planning a major matter that may lead to a change in the company's control. To ensure fair information disclosure, protect investor interests, and avoid abnormal stock price fluctuations, trading in the company's shares will be suspended starting at the market open on January 13, 2026, for an expected period not exceeding two trading days. During the suspension, the company will fulfill its information disclosure obligations based on the progress of the matter.
Zhejiang Hisun Pharmaceutical announced that it has signed an "Innovative Drug Cooperation Agreement" with Wanbangde Pharmaceutical. The two parties will collaborate on the amyotrophic lateral sclerosis (ALS) indication, including the research, development, and commercialization of the WP205 product. Hisun Pharmaceutical will provide RMB 150 million in funding and will be entitled to 15% of the profit rights after the product's commercialization. The agreement is subject to approval by the shareholders' meeting of Wanbangde Pharmaceutical Holding Group Co., Ltd. Risks exist related to regulations, policies, market environment, and the high-risk nature of drug development.
Wittel announced that it signed a strategic cooperation agreement with Qiteng Robot on January 9, 2026. The two parties will integrate advantages in new material technologies with robot products and industry customer resources to jointly provide global clients in high-risk industries—such as chemicals, petroleum, power, baijiu (liquor), and emergency rescue—with full lifecycle integrated safety protection and intelligent operation solutions. Cooperation methods include product and technology integration, deep resource empowerment, and the establishment of a joint venture, aiming to promote the application of new materials in the robotics field and enhance the technical level of industry safety protection. The establishment of a joint venture will serve as the core vehicle for the strategic cooperation, focusing on the sales of integrated "new materials + robotics" products and the output of industry solutions. It will engage in the R&D and sales of special robots integrated with new materials, customized supply of new materials专用 for robots, implementation of integrated safety protection solutions, and promotion of industry standards.
Jinlongyu announced that its controlling subsidiary, Jinlongyu New Energy (Shenzhen) Co., Ltd., plans to invest in the construction of a 2GWh solid-state battery mass production line project in the Dapeng New District of Shenzhen, with a total investment of approximately RMB 1.2 billion. The funding will come from the company's own and self-raised funds. The company's board of directors reviewed and passed this investment proposal on January 12, but it still needs to be submitted to the shareholders' meeting for approval. The project's construction period is expected to be 24 months.
Biwin Storage announced that its shareholder holding more than 5%, the National Integrated Circuit Industry Investment Fund Phase II, plans to reduce its holdings by no more than 9.3426 million shares, not exceeding 2.00% of the company's total share capital. The reduction will be implemented through centralized bidding and block trades, with no more than 4.6713 million shares via centralized bidding and no more than 4.6713 million shares via block trades. The reduction period is from February 4, 2026, to May 3, 2026, due to the fund's own operational management needs.
Volatile Stock Risk Warnings Bore Media: The company's related GEO business revenue is zero.
Worth Buying: The company and the large model company MiniMax announced an official partnership.
Starring Technology (20CM limit up): The company does not actually engage in commercial aerospace business and is unrelated to Shanghai Starring Polyenergy Technology Co., Ltd.
Haoneng Parts: Some products are applied in the commercial aerospace field, but the revenue scale of this business segment is extremely small.
Embedway Technologies (2 consecutive limit-ups): The company is not involved in AI application-related businesses.
Zhimingda: As of the end of 2025, the value of hand-held orders (including verbal) for commercial aerospace embedded computers was approximately RMB 20 million, accounting for 4.8%.
CICT Mobile Communication Technology Co.,Ltd. (20CM limit up, 2 consecutive limit-ups): Revenue from the satellite internet field accounts for about 2% to 3% of total operating revenue and has no significant impact on performance.
Aerospace Hongyu: If the stock price experiences further abnormal increases in the future, the company may apply for a trading suspension for verification.
Hand Information Technology (20CM limit up): The company's AI revenue is expected to continue growing, but the AI product and service business is still in its initial stages and does not constitute the main part of overall revenue.
Guangyun Technology (20CM limit up): AI-related products are connected to and adapted for external third-party large models; the company itself is not involved in the development of artificial intelligence large models.
Zhuoyi Information: AI programming products are still in the market introduction phase; technological iteration and commercialization progress may fall short of expectations.
Tianyin Electromechanical (20CM limit up): The largest shareholder, Lanhai Ruixing, reduced its holdings by a total of 1.2453 million shares on January 12.
Huagin Technology: The company is primarily engaged in the research, production, and sales of special functional materials and is expanding into businesses or products such as aerospace component processing.
Aerospace Changfeng: The company does not actually engage in brain-computer interface-related businesses and is not involved in commercial aerospace-related businesses.
Shangwei New Materials: If the stock price increases further in the future, the company will apply for a trading suspension for verification.
Zhongheng Design (3 consecutive limit-ups): The company has won bids for design projects related to high-end commercial aerospace manufacturing bases, but the contract value for individual design projects is relatively small.
Zhongke Sigure (20CM limit up): The current increase in the company's stock price does not match the actual performance support from its commercial aerospace business, posing a significant risk of deviation from fundamentals.
Gravity Media (5 limit-ups in 6 days): The GEO business has not yet formed a mature business model.
ZhiTe New Materials (20CM limit up, 6 consecutive limit-ups): The cumulative increase from January 5 to January 12 was 199%; due to significant price volatility, trading will be suspended for verification starting tomorrow.
BlueFocus: AI-driven related revenue accounts for a small proportion of total operating revenue.
Qingmu Technology: The controlling shareholder, actual controller Lü Bin, and acting-in-concert party Yunyi Partnership sold company shares during the abnormal stock fluctuation period.
Performance Forecasts Ronbay Technology: Expects a net loss of RMB 150 million to RMB 190 million for 2025, but achieved a profit in the fourth quarter alone.
Zhanpeng Technology (3 limit-ups in 4 days): Expects the full-year 2025 performance to show a loss.
Yonghui Superstores: Expects the 2025 annual performance to show a loss.
Zangge Mining: Expects 2025 net profit of RMB 3.7 billion to RMB 3.95 billion, a year-on-year increase of 43.41% to 53.10%.
Share Repurchases & Changes in Holdings Hash Technology: Controlling shareholder Xinji Group plans to increase its shareholding by 1.5% to 3% of the company's shares.
Qushui Technology: Shareholders plan to collectively reduce their holdings by no more than 2.6% of the company's shares.
Major Contract Awards Dalong Real Estate: A subsidiary has pre-won a bid for a building construction project worth RMB 763 million.
Tieke Rail: Won a bid for a high-speed railway fastener project worth RMB 511 million.
Huadian Engineering: Received a winning bid notice for a bucket wheel stacker-reclaimer project in Tangshan Port worth RMB 372 million.
Tengda Construction: Won a bid for a municipal road engineering project worth RMB 56.1645 million.
Hangxiao Steel Structure: A consortium led by the company won a bid for a related engineering project of Hangzhou Jianyuan Aerospace Technology Co., Ltd.
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