Key Announcements from Chinese Listed Companies

Stock News06-01

Today's market focus includes several significant corporate announcements.

Wuliangye Yibin Co.,Ltd. (SHE: 000858)

Wuliangye has announced its first share repurchase of 1,191,013 shares, representing 0.03% of its total shares, at a total cost of approximately 1 billion yuan. The transaction was executed on May 29, 2026.

Haisco Pharmaceutical Group Co., Ltd. (not listed in provided symbols)

Haisco's wholly-owned subsidiary has entered into a research and development collaboration agreement with Eli Lilly and Company. The partnership could yield up to $87 million in upfront and near-term payments for Haisco, along with potential milestone payments and sales royalties.

Seres Group Co., Ltd. (not listed in provided symbols)

Seres reported that its new energy vehicle sales from January to May increased by 15.14% year-over-year. The newly launched AITO M9 model received over 20,000 firm orders within 24 hours of its release.

Shenxun Co., Ltd. (not listed in provided symbols)

Shenxun disclosed plans to acquire a 51% stake in Wuhan Zhongke Ruizhe Photoelectric Technology Co., Ltd. for 250.92 million yuan in cash. The target company specializes in specialized optical devices and modules.

Muyuan Foods Co., Ltd. (not listed in provided symbols)

Qin Yinglin has resigned as Chairman and President of Muyuan Foods upon reaching retirement age. Cao Zhinian has been elected as the new Chairman, while Qin Yinglin will assume the role of Lifetime Honorary Chairman and head of the company's pig farming research institute.

Anhui Meidik Technology Co., Ltd. (not listed in provided symbols)

Meidik announced it has commenced batch shipments of 12-inch glass wafers and has successfully entered Samsung's supply chain system through recent acquisitions.

Hunan Development Group Co., Ltd. (not listed in provided symbols)

The company is issuing 107 million shares and paying 681 million yuan in cash to acquire majority stakes in several hydropower companies. The new shares are scheduled to be listed on June 3, 2026.

Sheng Bang Co., Ltd. (not listed in provided symbols)

Sheng Bang has terminated its plan to acquire a 60% stake in Wuxi Woke Engine Noise Reduction Parts Co., Ltd. due to failure to reach agreement on core terms.

Dawn Polymer Co., Ltd. (not listed in provided symbols)

Dawn Polymer has called off its acquisition of 100% equity in Shandong Dawn Titanium Industry Co., Ltd. The Shenzhen Stock Exchange has terminated its review of the transaction.

Jiangsu Guoxin Co., Ltd. (not listed in provided symbols)

The company clarified that it is not currently engaged in computing-power-electricity synergy business and is not involved in the Inner Mongolia power transmission to Jiangsu project.

Shenzhen Zowee Technology Co., Ltd. (not listed in provided symbols)

Zowee Technology plans a private placement to raise up to 2.87 billion yuan, primarily for the construction and operation of an intelligent computing center.

Hefei Metalforming Intelligent Manufacturing Co., Ltd. (not listed in provided symbols)

Hefei Metalforming stated its core business involves hydraulic and mechanical presses, not AI computing power. It has not generated revenue related to nuclear fusion or PCB concepts and has reported consecutive quarterly losses.

Guangzhou Tinci Materials Technology Co., Ltd. (not listed in provided symbols)

Tinci Materials' subsidiary has signed a supplementary agreement with Chuno New Energy, increasing the total estimated supply of electrolyte products from 550,000 tons to no less than 1.01 million tons.

Suzhou Chunqiu Electronic Technology Co., Ltd. (not listed in provided symbols)

Chunqiu Electronic clarified that its current cooperation with Dell does not involve AI PC products and that the company has no large-scale robotics business or mass-produced products.

Jinkong Power Co., Ltd. (not listed in provided symbols)

Jinkong Power confirmed it is not engaged in computing-related businesses and has no specific layout in the computing-power-electricity synergy field, remaining focused on its core thermal power generation operations.

Shennan Circuits Co., Ltd. (not listed in provided symbols)

Shennan Circuits is planning a private placement to raise funds for project construction and daily operations. The proposal is currently in the planning stage.

Zhongdi Co., Ltd. (not listed in provided symbols)

The company's stock will have its delisting risk warning removed on June 3, 2026, and its daily price fluctuation limit will be adjusted from 5% to 10%.

Heren Health Technology Co., Ltd. (not listed in provided symbols)

Heren Health has terminated its plan for a change in control and its stock will resume trading on June 2, 2026.

Yawei Machine Tool Co., Ltd. (not listed in provided symbols)

Yawei has signed a letter of intent to invest in Haco Europe and Haco USA, aiming to acquire 80% and 49% stakes, respectively, alongside a technology transfer agreement.

Hongrun Construction Group Co., Ltd. (not listed in provided symbols)

Hongrun Construction has won a bid to construct a liquid rocket test base for Deep Blue Aerospace, with a provisional contract value of 500 million yuan.

Other market-moving announcements include share issuance terminations, tax payments, executive changes, and litigation developments.

Key company performance figures for May were also released.

Notable share repurchase and stake change activities were reported by several firms.

Multiple companies announced significant new contract awards and project wins.

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