Ningbo Tuopu Group Co.,Ltd. (601689.SH) announced its intention to issue H shares and list on the Hong Kong Stock Exchange. This move aims to accelerate the company's international strategy, optimize overseas production capacity layout, and enhance global customer service capabilities. The company plans to leverage the resources and mechanisms of international capital markets to diversify its financing channels.
Hengyi Petrochemical Co.,Ltd. (000703.SZ) disclosed that as of March 6, 2026, it had repurchased a total of 47.1305 million shares (Phase Six) through centralized bidding, amounting to 1.26% of its total share capital. The total expenditure for this buyback reached 600 million yuan, with prices ranging from 11.61 yuan to 13.10 yuan per share.
Zhaowei Electromechanical (003021.SZ) set the final price for its H share offering at 71.28 Hong Kong dollars per share. The shares are expected to commence trading on the main board of the Hong Kong Stock Exchange on March 9, 2026.
Fengshang Culture (300860.SZ) held its 15th meeting of the fourth board of directors on March 7, 2026, approving the dismissal of Li Yan from the position of vice president. This decision was based on operational management needs, and Li Yan will no longer hold any position at the company. The proposal was reviewed by the board's nomination committee.
Sunshine Lighting (600261.SH) plans to invest 324 million yuan (or equivalent in US dollars) from its own funds to increase capital in its wholly-owned subsidiary, Sunshine Lighting (Thailand) Co., Ltd., for the construction of a production base in Thailand. Located near key markets such as Malaysia, Singapore, and Vietnam, the base will benefit from incentives provided by the Thailand Board of Investment, including corporate income tax reductions and exemptions on import duties for equipment.
Sanwei World (301159.SZ) intends to use 17.6827 million yuan from its parent company's surplus reserve and 39.4144 million yuan from its capital reserve, totaling 57.0971 million yuan, to cover accumulated losses of the parent company. The proposal has been approved by the board of directors and requires shareholder approval. Upon completion, the parent company's surplus reserve will be reduced to zero, the capital reserve will decrease to 592.5045 million yuan, and retained earnings will be adjusted to zero to cover the losses.
Zhongnan Culture (002445.SZ) plans to acquire a 57.30% stake in Jiangyin Sulong Thermal Power Co., Ltd. held by Jiangyin Electric Power Investment Co., Ltd. through a combination of share issuance and cash payment. The company also intends to raise supporting funds from no more than 35 specific investors.
Shandong Molong Petroleum Machinery Co., Ltd. (002490.SZ) issued a trading volatility announcement, noting that its stock price had accumulated a deviation of over 20% in three consecutive trading days, constituting an abnormal fluctuation. From March 2 to March 6, 2026, the stock price increased by 52.37%, indicating potential market overheating and irrational speculation risks. The company stated that its production and operations are normal, but fluctuations in international crude oil prices currently provide no substantial short-term benefit to its performance.
Huasu Holdings Co., Ltd. (000509.SZ) also reported an abnormal trading fluctuation, with its stock price accumulating a deviation of over 20% in three consecutive trading days. After verification, the company confirmed that there are no corrections or supplements needed for previously disclosed information, and no significant changes have occurred in its recent operations or internal/external business environment. The company's main business is the R&D, design, production, and sales services of electronic information display terminals. Its carbon emission management business and precision machine tool manufacturing and sales operations are still in the cultivation stage and account for a low proportion.
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