Key A-Share Announcements: CICC Plans Merger with Dongxing Securities and Cinda Securities; Trading Resumes Tomorrow

Stock News12-17 20:23

1. **Xiechuang Data to Invest in Optical Module R&D and Production** Xiechuang Data (300857) announced on December 17 that it signed an agreement with the Guangzhou Development Zone Administrative Committee to invest in an optical chip and module R&D and production project. The project focuses on developing ultra-low-power optical modules for high-end applications such as AI computing centers and supercomputing centers.

2. **CICC to Merge with Dongxing Securities and Cinda Securities via Share Swap** China International Capital Corporation Limited (CICC, 601995.SH) disclosed plans to absorb Dongxing Securities and Cinda Securities through a share swap. Trading of CICC’s A-shares, suspended since November 20, 2025, will resume on December 18. The deal requires further board and shareholder approval, as well as regulatory clearance.

3. **Bona Film Group Confirms Normal Operations with Multiple Holiday Releases** Bona Film Group (001330) stated in a stock volatility announcement that its operations remain stable, with no significant changes in its business environment. The company has a diversified content pipeline, including major films like *Four Crossings* and *Kashmir Princess*, and is investing in several Lunar New Year releases.

4. **Tongrentang Clarifies No Stake in Antarctic Krill Oil Product** Tongrentang (600085) denied holding equity or investment interests in Sichuan Health Pharmaceutical, a distributor of Antarctic krill oil products. The company emphasized that Sichuan Health is a subsidiary of its parent group, Tongrentang Group, which is addressing the matter.

5. **Markor Home Furnishings Plans Acquisition of Wandetai, Trading Halted** Markor Home Furnishings (600337) is negotiating to acquire control of Shenzhen Wandetai Optoelectronics via a stock-and-cash deal, with fundraising plans. Trading will be suspended from December 18 for up to 10 days.

6. **Lanhua Sci-Tech Secures Coal Exploration License** Lanhua Sci-Tech (600123) obtained a coal exploration license for the Yangcheng Sitou block, covering 15.49 sq km. The license, valid until 2030, paves the way for mining rights.

7. **China Tourism Group Duty Free Wins Airport Shop Contracts** China Tourism Group Duty Free (601888) secured contracts to operate duty-free shops at Shanghai Pudong and Hongqiao airports, following a tender win.

8. **Baida Group Warns of Overheated Stock Rally** Baida Group (600865), after five consecutive limit-up sessions, cautioned investors about a potential sharp correction, with its stock surging 61.1% in a week.

9. **Changyuan Power’s Hanchuan Unit 7 Begins Commercial Operation** Changyuan Power (000966) announced the commercial launch of its 1,000 MW Unit 7 at the Hanchuan Phase IV expansion project after successful trial operations.

10. **Guangdong Construction Expands Clean Energy Portfolio** Guangdong Construction (002060) reported full-capacity grid connections for its 200MW/800MWh energy storage project in Burqin and a hydrogen production facility in Bachu. Total clean energy capacity now exceeds 5,084 MW.

11. **Shanghai Airport Signs Duty-Free Shop Agreements** Shanghai Airport (600009) inked contracts with Dufry and CICC for duty-free operations at Pudong and Hongqiao airports, with revenue impacts expected from 2026.

12. **Aikeqi’s High-Heat Resin Project Enters Trial Production** Aikeqi (603722) advanced its aerospace strategy as its subsidiary’s 29t/a high-heat resin project began trial production after regulatory approval.

**Other Highlights**: - **China Nuclear Engineering** (601611) reported YTD revenue of RMB 92.03 billion. - **Zhaobiao Group** (301136) and **Shengtai Group** (605138) face major shareholder减持 (减持: reduction) plans. - **China Metallurgical Group** (601618) announced a RMB 1–2 billion buyback. - **China Railway Rolling Stock** (601766) secured contracts worth RMB 53.31 billion.

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