Market Navigation for June 29, 2026: Key Announcements and Trading Alerts for Shanghai and Shenzhen Stocks

Deep News06-29

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Halt in Trading

Piotech Inc. (688072)

Winall Hi-Tech Seed Co.,Ltd. (300087)

Wuxi Acryl Technology Co.,Ltd. (603722)

Xi’An Shaangu Power Co.,Ltd. (601369)

Bringspring Science&Technology Co.,Ltd. (300290)

Hollyland(China)Electronics Technology Corp.,Ltd. (002729)

Resumption of Trading

Senton Energy Co.,Ltd. (001331)

Changzhou Galaxy Century Microelectronics Co.,Ltd. (688689)

Chalkis Health Industry Co.,Ltd. (000972)

Major Corporate Announcements

Sinoma Science&Technology Co.,Ltd. (002080), which saw significant price movements over three days, issued an abnormal trading volatility announcement. The company noted high market attention on the specialty fiber cloth products produced by its wholly-owned subsidiary, Taishan Fiberglass Co., Ltd. In 2025, sales revenue from the subsidiary's electronic cloth and specialty fiber cloth products amounted to 360 million yuan and 628 million yuan, respectively, accounting for only 1.19% and 2.08% of the company's total annual revenue, representing a small overall proportion.

Lucky Harvest Co.,Ltd. (002965), which recorded two consecutive limit-up sessions, announced that its liquid cooling products accounted for a mere 0.002% and 0.027% of its operating revenue in 2025 and Q1 2026, respectively. The revenue of Suzhou Coolcore Technology Co., Ltd., which it plans to acquire, represented only 1.306% of its 2025 revenue (unaudited) and is expected to remain a small proportion in the next 2-3 years. Therefore, liquid cooling products are not a primary product line and are not expected to significantly impact operational performance. The company's core business remains automotive precision stamping dies and automotive seat frames.

Hollyland(China)Electronics Technology Corp.,Ltd. (002729) announced that its controlling shareholder and actual controller are planning matters related to a change in corporate control, which may lead to a change in the controlling shareholder and actual controller. Trading in the company's shares will be halted starting June 29, 2026, for an expected period not exceeding two trading days.

Changzhou Galaxy Century Microelectronics Co.,Ltd. (688689) announced plans to acquire 100% equity in Hengtaike Semiconductor (Shanghai) Co., Ltd. by issuing shares. Hengtaike is a national-level "little giant" enterprise specializing in R&D, sales, and technical services for power semiconductor products, widely used in power supplies, lithium battery protection, brushless motors, new energy, and electric vehicles. This transaction is expected to help the company quickly address technical gaps in mid-to-high voltage power semiconductor devices. Trading in the company's shares and convertible bonds will resume on June 29.

Suzhou Hycan Holdings Co., Ltd. (002787) issued an abnormal trading volatility announcement, noting its stock price had risen significantly over two consecutive days. The company's main business remains the production and sales of metal and plastic packaging products. Its semiconductor business, consolidated from recent acquisitions, generated approximately 10 million yuan in revenue in Q1 2026, representing a low proportion of total revenue and contributing limitedly to overall performance. The company also holds an indirect investment of about 0.003% in Unitree Robotics, which is immaterial and does not significantly impact its financial results.

Huizhou Cee Technology Inc. (002579) issued a risk warning announcement, noting its stock price had risen significantly over two days. The company stated that as the PCB industry attracts more strategic focus and resources from competitors, market competition is expected to intensify. It advised investors to maintain rational investment decisions and be aware of risks.

Jiangsu Yoke Technology Co.,Ltd. (002409) issued an abnormal trading volatility announcement. The company clarified that while its electronic materials business includes fluorinated specialty gases like carbon tetrafluoride and sulfur hexafluoride, it currently has no business related to tungsten hexafluoride. Revenue from fluorinated specialty gases accounted for 5.79% of total revenue in 2025.

Qingdao Tgood Electric Co.,Ltd. (300001) announced it has been included in the qualified manufacturer list of Saudi Energy Company (SE) for its XBG series high-voltage prefabricated substations up to 380kV, becoming the first supplier of such products in SE's approved materials list.

Huaiji Dengyun Auto-Parts(Holding) Co.,Ltd. (002715) announced that a 25% indirectly held associate company's mining license has expired and a 30 million yuan bank loan is overdue.

Jiangsu Aidea Pharmaceutical Group Co., Ltd. (688488) announced it has received government subsidies totaling 9.1 million yuan, classified as income-related subsidies, accounting for 46.59% of the absolute value of its net profit attributable to shareholders in the last audited fiscal year.

Henan Huanghe Whirlwind Co.,Ltd. (600172) announced that 127 million shares held by its shareholder Huanghe Group, representing 8.82% of total shares, have been subject to轮候冻结 (sequential freezing). Huanghe Group is not the controlling shareholder, and this incident does not affect daily operations or control.

Shareholding Changes

Chongqing Iron&Steel Company Limited (601005) announced that several directors and senior executives plan to increase their holdings of the company's A-shares with a total value between 1.5 million yuan and 2.4 million yuan over the next six months, starting June 30, using their own or self-raised funds.

Shenzhen Minkave Technology Co., Ltd. (300506) announced that certain directors, senior executives, and major shareholders have voluntarily committed not to reduce their holdings for six months after the lock-up period for pre-IPO shares expires on July 1, 2026.

Pylon Technologies Co.,Ltd. (688063) announced that shareholder Rongchuang Investment plans to reduce its holding by no more than 3% of the company's total shares over three months starting 15 trading days from the announcement.

Universal Scientific Industrial(Shanghai)Co.,Ltd. (601231) announced that its indirect controlling shareholder, ASE Investment Holding, plans to reduce its holding by no more than 2% of the company's total shares via block trades over three months starting 15 trading days from the announcement.

Feilong Auto Components Co.,Ltd. (002536) announced that its controlling shareholder and persons acting in concert plan to reduce their holdings by no more than 1.8078% of the company's total shares via集中竞价 (centralized bidding) and大宗交易 (block trades) over three months starting 15 trading days from the announcement.

Mingwei Electronics (Stock code implied, not in symbols list) announced that certain shareholder funds plan to reduce their holdings by no more than 1% of the company's total shares via centralized bidding over three months starting 15 trading days from the announcement.

Shenzhen Minkave Technology Co., Ltd. (300506) announced that shareholder China Xinxing Group plans to reduce its holding by no more than 0.235% of the company's total shares via centralized bidding over three months starting 15 trading days from the announcement.

Share Buybacks

Beijing Kingsoft Office Software,Inc. (688111) announced a plan to repurchase shares worth between 250 million yuan and 500 million yuan for employee持股计划 (stock ownership plans) or股权激励 (equity incentive plans), at a price not exceeding 352.11 yuan per share.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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