Fuhuang Steel Structure has triggered the "major bank accounts frozen" other risk warning scenario. Due to contract disputes and overdue borrowings, as of September 3, 2026, the company and its subsidiaries held 411 bank accounts with a total balance of 163 million yuan, of which 280 accounts were frozen, involving a frozen balance of 104 million yuan. After careful assessment, the company determined that the above situation has triggered the other risk warning scenario of "major bank accounts frozen." The company's shares will be suspended for one day on September 7, 2026, and will resume trading on September 8 with the implementation of other risk warnings. The stock abbreviation will be changed to "ST Fuhuang," with the daily price fluctuation limit remaining at 10%.
Wantai Biological Pharmacy announced that its actual controller, Zhong Shanshan, has completed the transfer of donated shares. His direct shareholding ratio will drop from 17.71% to 15.10% after donating 33 million unrestricted tradable shares, representing 2.61% of the company's total share capital, to the Fujian Xiang'an Innovation Laboratory Technology Development Foundation. The combined shareholding of Zhong and his concert party, Yangshengtang Co., Ltd., will decrease from 73.53% to 70.92%. This change does not trigger a tender offer and will not result in any change to the company's controlling shareholder or actual controller.
Kangxin New Materials announced that it received a "Case Filing Notice" from the China Securities Regulatory Commission (CSRC) on September 4, 2026, due to suspected violations of information disclosure regulations in its periodic reports. The CSRC has decided to open an investigation into the company. At present, the company's various business operations are proceeding normally, and it will actively cooperate with the investigation and fulfill its information disclosure obligations.
Zhongji Innolight announced that its actual controller, Wang Weixiu, has completed the release of a pledge on 1.35 million shares held with GF Securities, accounting for 1.94% of his shareholding and 0.11% of the total share capital. As of the announcement date, Wang Weixiu and his concert parties have an accumulated pledge of 5.328 million shares, representing 2.76% of their combined shareholding.
Megasino plans to jointly establish Meige Optical Core (Shanghai) Technology Co., Ltd. with Zhaoge Venture Capital and Xingyuan Optoelectronics, with a registered capital of 100 million yuan. Megasino will contribute 70 million yuan for a 70% stake, Zhaoge Venture Capital will contribute 20 million yuan for a 20% stake, and Xingyuan Optoelectronics will contribute 10 million yuan for a 10% stake. The joint venture will leverage Xingyuan's high-end indium phosphide laser chips and other optical chips to conduct R&D, design, and packaging manufacturing of optical devices, optical engines, and related modules and subsystems. It will also integrate core resources such as electrical chips in the supply chain to carry out R&D, design, and packaging manufacturing of data center optical communication modules.
H&R Century Union Corporation, which has surged with four limit-ups in five trading days, issued a risk warning noting that its AI short-drama business has not yet achieved scale effects in terms of the number of titles launched, revenue scale, or cost-benefit conversion. Meanwhile, New Journey Network, which has hit two consecutive limit-ups, clarified that it does not hold or operate data centers, nor does it engage in their commercial operation.
In share buybacks and stake changes, Qingyuan Co., Ltd. plans to repurchase company shares for 32.5 million to 65 million yuan. Inventronics saw its controlling shareholder and actual controller plan to reduce holdings by up to 2.98%. Honglin Power shareholders plan to reduce holdings by a combined total of no more than 1%. Jianghang Equipment shareholders plan to reduce holdings by no more than 1% of the company's shares.
In contract wins, State Grid Information & Telecommunication has pre-won bids for State Grid Corporation projects totaling 2.905 billion yuan. Inner Mongolia First Machinery's wholly-owned subsidiary has signed a railway freight car procurement contract worth 207 million yuan. Tongguang Cable has pre-won a 129.5 million yuan procurement project from State Grid Corporation.
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