A-share Announcement Highlights | CITIC FAMC disclosures show holding stake in Daqin Railway (601006.SH) has reached 5%

1. Today's Focus 1. Daqin Railway: CITIC FAMC acquires a 5% stake Daqin Railway announced that on April 10, the company received a "Simplified Equity Change Report" from China CITIC FAMC Management Co., Ltd. ("CITIC FAMC"), informing them that through a trust established by CITIC FAMC, they acquired 2.0125 million shares of the company in the secondary market. Following this acquisition, CITIC FAMC's total stake in Daqin Railway's A shares reached 1.007 billion shares, accounting for 5% of the total issued shares of Daqin Railway. 2. 5 consecutive boards Jiangsu Lianyungang Port: The company's main business has not changed, and current production and operational activities are normal Jiangsu Lianyungang Port announced that the company's stock price has deviated by 20% over three consecutive trading days, leading to abnormal stock trading fluctuations. The company's main business is port cargo handling, warehousing, and other port management services, which have not changed. As of the date of this announcement, the company's current production and operational activities are normal, and there have been no significant adjustments to industry policies or undisclosed material information. The company's stock price has fluctuated significantly in the short term, and investors are advised to be cautious about trading risks and make rational decisions. 3. Zhejiang Dafeng Industry: Signs equity cooperation agreement with Siasun Robot&Automation to develop humanoid Siasun Robot&Automation project Zhejiang Dafeng Industry announced that the company has signed an "Equity Cooperation Agreement" with Shanghai Zhiyuan Siasun Robot & Automation Co., Ltd., to cooperate on the development of a humanoid Siasun Robot & Automation project that matches the needs of the entertainment, travel, and shopping scenes. This agreement deepens the implementation of the "Strategic Cooperation Framework Agreement" signed by the company in March 2025, with the aim of further promoting the integration of resources and technological collaboration between both parties in the entertainment, travel, and shopping scenes and the humanoid intelligent Siasun Robot & Automation field through the establishment of a joint venture company. 4. Thinkon Semiconductor Jinzhou Corp.: Tariffs have not substantially affected the company's operations Thinkon Semiconductor Jinzhou Corp. announced that the current tariff increase has not substantially affected the company's operations. The company has not directly purchased US goods in recent years, only making indirect purchases of a small amount of components and raw materials. Therefore, the impact of the tariff increase on the company's existing purchases is limited and within a controllable range. In 2024, the company and its subsidiaries' overseas sales only accounted for 30% of the total revenue, with no sales to the US. 5. China Zheshang Bank: Appoints Chen Haiqiang as President China Zheshang Bank announced that the company held a board meeting and approved the resolution to appoint Chen Haiqiang as the President of China Zheshang Bank. Chen Haiqiang's qualification as President is subject to approval by the China Banking Regulatory Commission. Until his appointment is approved, Chen Haiqiang will act as the President, and the Chairman, Lu Jianqiang, will no longer act as the President. Business Performance 1. Jl Mag Rare-Earth: Net profit in the first quarter expected to increase by 50%-60% year-on-year Jl Mag Rare-Earth released its performance forecast, expecting to achieve a net profit of 153 million to 163 million RMB in the first quarter of 2025, an increase of 50%-60% year-on-year. In the first quarter, the company's management actively expanded the market and simultaneously increased production capacity, maintaining steady operations. The company continues to focus on the new energy and energy conservation and environmental protection fields, concentrating on core application areas such as new energy vehicles and automotive parts, energy-saving variable frequency air conditioners, wind power generation, Siasun Robot & Automation and industrial servo motors, 3C, low-altitude flying vehicles, and actively cooperating with internationally renowned technology companies in the development of humanoid Siasun Robot & Automation magnetic components. During the reporting period, the company's operating income is expected to reach 1.7 billion RMB, an increase of over 10% year-on-year. 2. Beijing Yanjing Brewery: Net profit in the first quarter expected to increase by 55.96%-67.66% year-on-year Beijing Yanjing Brewery released its performance forecast, expecting to achieve a net profit of 160 million to 172 million RMB in the first quarter of 2025, an increase of 55.96%-67.66% year-on-year. In the first quarter, Beijing Yanjing Brewery continued its high-quality development trend, systematically advancing the continued implementation of the "Nine Major Reforms," with the flagship product Yanjing U8 maintaining a high growth rate of over 30%. Buybacks & Investments 1. Xinfengming Group: Controlling shareholder intends to increase the company's shares by 200 million to 300 million RMB 2. Baoji Titanium Industry: Controlling shareholder intends to increase the company's shares by 150 million to 300 million RMB 3. Anhui Xinke New Materials: Controlling shareholder intends to increase the company's shares by 50 million to 100 million RMB 4. Nanjin Baose: Controlling shareholder intends to increase the company's shares by 50 million to 100 million RMB 5. Ningbo Joyson ElecTronic Corp.: The controlling shareholder plans to increase its shareholding in the company by 50 to 100 million yuan.6. YOUNGY Co., Ltd.: The actual controller Zhang Changhong plans to increase the company's shares by no less than 10 million yuan. 7. Maider Medical Industry Equipment Co. Ltd.: The spouse of the actual controller plans to increase the company's shares by 5 million to 10 million yuan. 8. Jiangsu Guotai International Group: Shengtai Investment plans to increase the company's shares by 50 million to 100 million yuan. 9. Beijing Kingsoft Office Software, Inc.: The company's controlling shareholder has pledged not to reduce the company's shares. 10. China Railway: The chairman proposes to repurchase 800 million to 1.6 billion yuan of the company's A shares. 11. Goertek Inc.: Plans to repurchase 500 million to 1 billion yuan of the company's shares. 12. Infore Environment Technology Group: Plans to repurchase 200 million to 300 million yuan of the company's shares. 13. Shanghai Electric Group: Plans to repurchase 150 million to 300 million yuan of A-share shares to reduce registered capital. 14. CECEP Guozhen Environmental Protection Technology: The chairman proposes to repurchase 50 million to 100 million yuan of shares for cancellation. 15. Yunnan Tin Co., Ltd.: Shareholders propose to repurchase 100 million to 200 million yuan of shares to reduce registered capital.