1. BOE Technology Group announced a share repurchase plan valued between 3.6 billion and 6.3 billion yuan, with bank financing not exceeding 5 billion yuan. The company received a loan commitment letter from ICBC Beijing Branch, which pledged support for up to 5 billion yuan, covering no more than 90% of the repurchase transaction value, with a term not exceeding three years. The repurchase, funded by the company's own capital, will involve between 600 million and 1.05 billion shares at a maximum price of 6.00 yuan per share, to be completed within 12 months of board approval.
2. Weichai Power Co.,Ltd. reported comprehensive coverage of power market demands, offering diversified power energy solutions. In 2025, the company sold 104,000 power generation engines, a 15% year-over-year increase. Large-bore engine sales exceeded 10,000 units for the first time, rising 32% annually, generating revenue of 5.81 billion yuan, up 65%. Sales of data center engines reached approximately 1,400 units, surging 259% compared to the previous year.
3. Twin Tower Food disclosed that the European Commission issued a preliminary disclosure in its anti-dumping investigation into pea protein products originating from China. The company's involved products face an applicable dumping duty rate of 112.7%, while other enterprises are subject to rates of 40.5% or 112.7%. This preliminary result is not the final ruling. The company has engaged legal counsel to review the disclosure data and basis, submitting defenses and comments seeking a fair outcome.
4. Xianhe Co.,Ltd. announced that one of its actual controllers, Wang Minglong, received a case filing notice from the China Securities Regulatory Commission (CSRC) on April 3, 2026, regarding suspected short-swing trading. The investigation targets Wang personally and is unrelated to the company's daily operations and business activities, with no impact on production and operations. The company will monitor developments and fulfill information disclosure obligations as required.
5. *ST Jinglun received a prior notice of intended stock delisting from the Shanghai Stock Exchange on April 3, 2026. The company's stock closing total market capitalization had fallen below 500 million yuan for 20 consecutive trading days, triggering delisting conditions under the listing rules. The exchange plans to terminate the stock's listing. If the company requests a hearing, it must submit a written application within five trading days of receiving the notice.
6. Focuslight Technologies announced the cancellation of all previously disclosed lidar-related designated projects. The company was notified by a prominent European automotive Tier 1 supplier, AG Company, that the terminal automaker client canceled the planned vehicle model launch, leading to project termination. The cancellation, attributed to the client's strategic adjustments, affects a project originally slated for mass production in 2026 with an estimated lifecycle demand of 500,000 units; approximately 2,700 units had been delivered. The company is negotiating with AG Company regarding contract obligations and unresolved amounts. Lidar business revenue accounted for about 0.81% of total revenue as of Q3 2025.
7. China Sinovation Co.,Ltd. received a case filing notice from the CSRC due to suspected information disclosure violations. The company's operations remain normal. Separately, it received a warning letter from the Shanghai Securities Regulatory Bureau concerning inaccurate and incomplete disclosures about subsidiary Baifei Electronics' products and solutions in the satellite internet sector during investor relations activities in December 2025, constituting misleading statements and omission of risk warnings. The bureau issued administrative supervision measures against the company and then-Board Secretary and Deputy General Manager Hou Zhiping.
8. DKL Co.,Ltd. stated that its stock experienced abnormal fluctuations with cumulative price deviations exceeding 30% over three trading days. During a 2025 annual report briefing on March 31, 2026, the company clarified that its OCS product remains in the sample stage, involves significant investment, and is in early development. OCS products are not included in the financial budget or performance plans for the next two to three years.
9. Star River Material issued a volatility announcement, noting that its polystyrene products primarily use styrene, a bulk petrochemical derivative. Significant fluctuations in oil prices or styrene supply-demand dynamics could lead to sharp raw material price swings, potentially hindering effective cost pass-through and reducing gross margins. Such volatility may also complicate inventory management, production cost control, and pricing mechanisms, increasing operational instability.
10. Dongyue Silicone projected a net profit of 183 million to 203 million yuan for Q1 2026, representing a year-over-year increase of 397.02% to 451.34%. Since December 2025, improved market conditions and industry supply-demand dynamics have driven price increases for major organic silicon products to reasonable levels, significantly boosting product margins. Enhanced fine management and internal efficiency improvements, alongside stable production and cost control, further strengthened profitability.
11. *ST Guandian received a case filing notice from the CSRC on April 3, 2026, over suspected information disclosure violations, based on relevant securities and administrative penalty laws.
12. Yunnan Germanium plans to invest 189 million yuan in a high-quality indium phosphide single-chip project through subsidiary Yunnan Xinyao. The project aims to expand existing capacity to an annual output of 450,000 high-quality indium phosphide single-chips (equivalent to 4-inch wafers) to meet growing demand from the optical communication market, where high-speed optical modules are scaling up, requiring larger sizes and higher quality.
13. Xingfa Group announced that its wholly-owned subsidiary, Inner Mongolia Xingfa Technology, will invest 1.381 billion yuan to build a new 100,000-ton/year battery-grade lithium iron phosphate project in Wuhai Economic Development Zone. The six-month project will be funded by自有资金 and bank loans, with preliminary approvals including land use planning and environmental assessments completed.
14. Zhuhai Zhongfu disclosed a plan to issue A-shares to specific investors, with Hengqin Xingying subscribing fully in cash for up to 283 million shares. Upon completion, Hengqin Xingying will hold 18.03%, becoming the controlling shareholder, and Huang Zhihao will become the actual controller. Trading will resume on April 7.
Volatility Risk Alerts: 1. China Merchants Energy Shipping expects continued sharp fluctuations in shipping freight rates. 2. Tianjin Pharmaceutical Group issued risk warnings following consecutive stock price limit-ups. 3. *ST Jinglun received a regulatory letter on stock delisting. 4. Tiantong Advanced Materials and relevant personnel received a warning letter from the Zhejiang Securities Regulatory Bureau. 5. Shaanxi Broadcast & TV Network was ordered to rectify for delayed litigation disclosures by the Shaanxi Bureau. 6. Hualu Biological experienced abnormal stock trading fluctuations and plans to invest in a boletus mushroom factory project. 7. Xinri Holdings' lawsuit with Narada Power Supply was remanded for retrial, involving 565 million yuan. 8. Hangzhou Century Co.,Ltd. received a warning letter from the Zhejiang Bureau. 9. Feiling received an administrative supervision decision. 10. General Science received a warning letter for a shareholder holding over 5%. 11. *ST Jinbi's performance commitment party, Hanfei Investment, received administrative measures from the Guangdong Bureau. 12. ST Juewei paid 342 million yuan in back taxes and late fees.
Key Company Performance Highlights: 1. Shanghai International Port Group handled 4.692 million TEUs in March, up 8.8% year-over-year. 2. Jinxi Axle reported a 2025 net profit of 29 million yuan, increasing 24.59%. 3. Feilong Auto Parts forecasted a Q1 net profit decline of 42.92% to 59.23%. 4. *ST Tianshan's live animal sales revenue surged 8,386.98% in March. 5. JAC Motors reported a 2025 net loss of 1.703 billion yuan. 6. K&J Engineering posted a 2025 net loss of 386 million yuan. 7. Shandong High-speed achieved a 2025 net profit of 3.206 billion yuan, up 0.30%. 8. Shaanxi Jinye incurred a 2025 net loss of 224 million yuan. 9. Hunan Development recorded a 2025 net profit of 72.1378 million yuan, rising 6.39%. 10. Xingfa Group's 2025 net profit fell 6.83% to 1.492 billion yuan.
Share Repurchases & Holdings Changes: 1. Wuchan Zhongda Group plans to repurchase shares worth 200 million to 400 million yuan. 2. Kolin Electrical Equipment shareholders and directors intend to reduce holdings by up to 3%. 3. Jushen Logistics plans to invest up to 100 million yuan in a comprehensive logistics warehouse project. 4. NovaStar Cloud plans a 50 million to 100 million yuan share repurchase. 5. Archonbot Chemical intends a private placement raising up to 1.005 billion yuan. 6. Enpack Packaging's CFO Huang Yongsong plans to reduce holdings by 0.01%. 7. Beiyuan Group's shareholder Shaanxi Hengyuan Investment reduced holdings by 1% and plans a further 2% reduction. 8. Unistrong plans to transfer 100% of Jiangsu Jinwei equity for 45.903 million yuan.
Major Contract Awards: 1. Sichuan Road & Bridge's subsidiary won a 6.069 billion yuan project for the Nanchong-Guang'an railway. 2. Xizi Clean Energy secured a 63.45 million yuan gas turbine supporting project. 3.文科股份 signed a 50.8162 million yuan landscape engineering construction contract. 4. Zhongyi Technology has signed contracts with some clients for cybersecurity services. 5. Qinglong Pipeworks entered into a 101 million yuan sales contract.
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