Major Announcements: GigaGen Biologics (02367)'s wholly-owned subsidiary received a "Medical Device Registration Certificate" from the National Medical Products Administration for its recombinant type I alpha 1 collagen and sodium hyaluronate compound solution product. J&T Global Express-W (01519) plans to subscribe for 226 million H-shares of SF Holding and issue 822 million Class B shares to SF Holding. Zijin Mining Group (02899) signed a cooperation and equity transfer agreement for the Shapinggou Molybdenum Mine project. Jiangxi Copper Company (00358): A subsidiary signed an "Investment Option Contract" with First Quantum Kazakhstan to jointly explore mining projects in Kazakhstan. Delyn Holdings (01709): Delyn Securities received conditional approval from the SFC to provide virtual asset advisory services. GAC Group (02238)'s wholly-owned subsidiary, GAC Trumpchi, received RMB 100 million in industrial transformation and upgrading development funds. Jurong International (03336) is suspected of suffering a cyber attack and has initiated a comprehensive investigation.
Operating Performance: China Southern Airlines (01055)'s passenger capacity input in December increased by 11.89% year-on-year. Air China (00753)'s passenger traffic in December rose by 10% year-on-year. China Eastern Airlines (00670)'s passenger traffic in December increased by 7.61% year-on-year. Metallurgical Corporation of China (01618) reported new contract signings of RMB 1,113.60 billion for 2025, a decrease of 10.8% year-on-year. ZhongAn Online (06060)'s total original insurance premium income for 2025 was approximately RMB 35.643 billion, an increase of 6.66% year-on-year. CGN Mining (01164) produced a total of 702.5 tU of natural uranium in the fourth quarter. Stella International (01836)'s consolidated revenue for the fourth quarter increased by 0.8% year-on-year to USD 388.6 million.
CMOC (03993) issued a profit alert, expecting annual net profit attributable to shareholders to be between RMB 20 billion and RMB 20.8 billion, representing a year-on-year increase of 47.80% to 53.71%. Chongqing Iron & Steel (01053) issued a profit warning, anticipating a net loss of RMB 2.5 billion to RMB 2.8 billion for the 2025 fiscal year. Convergence Technology (01729) issued a profit alert, expecting annual net profit to increase by approximately 60% to 70% year-on-year.
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