A-Share Announcement Highlights | New China Life Insurance (601336.SH) plans to invest no more than 10 billion yuan to subscribe for shares of a private equity fund.

47This quarter's net loss is 7.47 billion yuan.47 billion yuan, compared to a profit of 7.56 billion yuan in the same period last year. The net cash flow generated by operating activities was 44.32 billion yuan, a decrease of 54.67% year-on-year.11. Shanghai Prosolar Resources Development: Risk warning delisting will be implemented from May 6, with the securities abbreviation changed to *ST Chuangxing. Shanghai Prosolar Resources Development announced that the audited net profit before and after deducting non-recurring gains and losses for the 2024 fiscal year is negative, and the operating income after deducting business revenue unrelated to the main business and revenue without commercial substance is less than 300 million yuan. The company's stock will be subject to risk warning delisting. The company's stock will be suspended for 1 day on April 30, 2025, and will resume trading and implement a risk warning delisting from May 6, 2025. After the implementation, the A-share abbreviation will be *ST Chuangxing, and the securities code will remain 600193. After the implementation of the risk warning delisting, the company's stock will be traded on the risk warning board, with a daily limit of 5% on the stock price. 12. Jiayu Holding: The company's stock will be delisted on April 30. Jiayu Holding announced that the company's stock has been decided to be delisted by the Shenzhen Stock Exchange and will be delisted on April 30, 2025. The company's stock has traded below 1 yuan for twenty consecutive trading days from March 4 to March 31, 2025, triggering the conditions for delisting specified in the Growth Enterprise Stocks Listing Rules. The company has appointed Shanxi Co., Ltd. as the lead underwriter and signed a "Stock Transfer Agreement" with them to provide stock transfer services for the company. Information disclosure after the delisting of the company's stock will be undertaken by the lead underwriter until it is listed on the delisting board. Operating Performance 1. Zhongjin Gold Corp., Ltd: Net profit in the first quarter increased by 33% year-on-year. Zhongjin Gold Corp., Ltd announced that the 2025 first-quarter report shows that the company achieved operating income of 14.859 billion yuan, a year-on-year increase of 12.88%; net profit attributable to shareholders of the listed company was 1.038 billion yuan, a year-on-year increase of 32.65%. The company seized the favorable opportunity of rising product prices, scientifically organized operations, further reduced costs and increased efficiency, leading to a significant increase in performance. 2. CITIC SEC: Net profit in the first quarter was 6.545 billion yuan, an increase of 32.00% year-on-year. CITIC SEC announced that the first-quarter operating income was 17.761 billion yuan, a year-on-year increase of 29.13%; net profit was 6.545 billion yuan, an increase of 32.00% year-on-year. 3. Grinm Advanced Materials: Net profit in the first quarter was 67.3847 million yuan, an increase of 14698.12% year-on-year. Grinm Advanced Materials released its first-quarter report, with first-quarter revenue of 1.84 billion yuan, a decrease of 18.67% year-on-year; net profit was 67.3847 million yuan, an increase of 14698.12% year-on-year. The increase in net profit was mainly due to the substantial increase in net profit of the subsidiary Yanyijin and the holding subsidiary Yanyi Rare Earth, with Yanyijin's net profit attributable to shareholders of the listed company increasing by 67% year-on-year, and Yanyi Rare Earth's net profit attributable to shareholders of the listed company decreasing by 64% year-on-year. 4. Sichuan Biokin Pharmaceutical: Net loss of 531 million yuan in the first quarter, turning from profit to loss year-on-year. Sichuan Biokin Pharmaceutical announced that first-quarter revenue in 2025 was 67.44 million yuan, a decrease of 98.77% year-on-year; net loss attributable to shareholders of the listed company was 531 million yuan, compared to a net profit of 5.005 billion yuan in the same period last year, turning from profit to loss year-on-year. 5. Guangdong Guangzhou Daily Media: Net profit of 36.5667 million yuan in the first quarter, an increase of 373.24% year-on-year. Guangdong Guangzhou Daily Media announced that the first-quarter revenue in 2025 was 1.3 billion yuan, an increase of 17.11% year-on-year; net profit attributable to shareholders of the listed company was 36.5667 million yuan, an increase of 373.24% year-on-year. 6. Zhejiang Jianfeng Group: Net profit in the first quarter increased by 23878.70% year-on-year. Zhejiang Jianfeng Group announced that the company's first-quarter operating income in 2025 was 584 million yuan, a decrease of 2.91% year-on-year; net profit attributable to shareholders of the listed company was 582 million yuan, an increase of 23878.70% year-on-year. The main reason is that during the reporting period, the profit of the equity method accounted for the affiliated enterprise Tasly Pharmaceutical Group increased significantly. 7. Beijing-Shanghai High Speed Railway: Net profit of 2.964 billion yuan in the first quarter, an increase of 0.03% year-on-year. Beijing-Shanghai High Speed Railway announced that the first-quarter operating income in 2025 was 10.223 billion yuan, a year-on-year increase of 1.16%; net profit attributable to shareholders of the listed company was 2.964 billion yuan, an increase of 0.03% year-on-year. 8. CRRC Corporation: Net profit of 3.053 billion yuan in the first quarter, an increase of 202.79% year-on-year. CRRC Corporation announced that the first-quarter operating income in 2025 was 48.671 billion yuan, a year-on-year increase of 51.23%; net profit attributable to shareholders of the listed company was 3.053 billion yuan, an increase of 202.79% year-on-year. 9. China Securities Co., Ltd.: Net profit of 1.843 billion yuan in the first quarter, an increase of 50.07% year-on-year. China Securities Co., Ltd. announced that the operating income in the first quarter of 2025 was 18.43 billion yuan, an increase of 50.07% year-on-year.In the first quarter of the year, the operating income was 49.19 billion yuan, an increase of 14.54% year-on-year; the net profit attributable to the shareholders of the parent company was 18.43 billion yuan, an increase of 50.07% year-on-year.1. Beijing Dabeinong Technology Group: Net profit for the first quarter was 134 million yuan, an increase of 164.13% year-on-year. Beijing Dabeinong Technology Group announced that in the first quarter of 2025, the company achieved operating income of 6.865 billion yuan, an increase of 2.36% year-on-year. Net profit attributable to shareholders of the listed company was 134 million yuan, an increase of 164.13% year-on-year. 2. Jiangsu Baichuan High-Tech New Materials: Net profit for the first quarter was 42.216 million yuan, an increase of 17.88% year-on-year. Jiangsu Baichuan High-Tech New Materials announced its first quarter report for 2025, with the company achieving operating income of 1.45 billion yuan, an increase of 23.07% year-on-year; net profit was 42.216 million yuan, an increase of 17.88% year-on-year. The net cash flow generated from the company's operating activities was 198 million yuan, an increase of 108.28% year-on-year. 3. Shanghai New Huang Pu Industrial Group: Net profit for the first quarter was 77.5857 million yuan, an increase of 2123.13% year-on-year. Shanghai New Huang Pu Industrial Group announced that in the first quarter of 2025, the company achieved operating income of 0.232 billion yuan, an increase of 47.75% year-on-year. Net profit attributable to shareholders of the listed company was 77.5857 million yuan, an increase of 2123.13% year-on-year. 4. Henan Yuneng Holdings: Net profit for the first quarter was 44.2891 million yuan, an increase of 622.62% year-on-year. Henan Yuneng Holdings announced that in the first quarter of 2025, the operating income was 3.034 billion yuan, a decrease of 11.64% year-on-year. Net profit attributable to shareholders of the listed company was 44.2891 million yuan, an increase of 622.62% year-on-year. 5. Anhui Conch Cement: Net profit for the first quarter was 1.81 billion yuan, an increase of 20.51% year-on-year. Anhui Conch Cement announced that in the first quarter of 2025, the company achieved operating income of 19.051 billion yuan, a decrease of 10.67% year-on-year; net profit attributable to shareholders of the listed company was 1.81 billion yuan, an increase of 20.51% year-on-year. 6. Huatai: Net profit for the first quarter was 3.642 billion yuan, an increase of 58.97% year-on-year. Huatai announced that in the first quarter of 2025, the operating income was 8.232 billion yuan, an increase of 34.83% year-on-year. Net profit attributable to shareholders of the listed company was 3.642 billion yuan, an increase of 58.97% year-on-year. 7. Chongqing Sokon Industry Group Stock: Net profit for the first quarter was 748 million yuan, an increase of 240.60% year-on-year. Chongqing Sokon Industry Group Stock announced that in the first quarter of 2025, the operating income was 19.147 billion yuan, a decrease of 27.91% year-on-year; net profit attributable to shareholders of the listed company was 748 million yuan, an increase of 240.60% year-on-year. 8. Will Semiconductor: Net profit for the first quarter was 866 million yuan, an increase of 55.25% year-on-year. Will Semiconductor announced that in the first quarter of 2025, the revenue was 6.472 billion yuan, an increase of 14.68% year-on-year; net profit attributable to shareholders of the listed company was 866 million yuan, an increase of 55.25% year-on-year. Increase in holdings & buybacks 1. Anhui Construction Engineering Group Corporation: Controlling shareholder, Jiangong Holdings, plans to increase holdings of company shares by 1%-2%. Anhui Construction Engineering Group Corporation announced that its controlling shareholder, Anhui Construction Engineering Group Corporation Group Holdings Co., Ltd., plans to increase its holdings of company shares through centralized bidding on the Shanghai Stock Exchange within 6 months from the date of this announcement. The cumulative increase in holdings shall not be less than 1% of the total share capital of the company, and shall not exceed 2% of the total share capital, with the total amount not exceeding 200 million yuan. 2. Hainan Expressway: Controlling shareholder, Hainan Provincial Transportation Investment Holdings Co., Ltd., plans to increase holdings of company shares by 40-45 million yuan. Hainan Expressway announced that its controlling shareholder, Hainan Provincial Transportation Investment Holdings Co., Ltd., plans to use bank credit funds and its own funds to increase holdings of company shares by 40-45 million yuan through centralized bidding. The implementation period of the increase plan is from April 30, 2025 to October 30, 2025. There is a risk that the implementation of the increase plan may be delayed or unable to be completed due to changes in the capital market and other factors. 3. Sinostone(Guangdong): Plans to repurchase company shares worth 100-150 million yuan. Sinostone(Guangdong) announced that the company plans to use its own funds and special stock repurchase loans to repurchase company shares through centralized bidding, with the repurchased shares to be used for employee stock ownership plans or equity incentives. The repurchase amount is not less than 100 million yuan and not more than 150 million yuan, with a repurchase price not exceeding 71.805 yuan per share. 4. Sichuan Road & Bridge Group: Plans to repurchase company shares worth 100-200 million yuan.Purchase company shares.Sichuan Road & Bridge Group announcement, intending to use its own funds or self-raised funds to repurchase some of the company's issued Renminbi ordinary shares (A shares) through centralized bidding trading, for equity incentives or conversion of convertible bonds issued by the company. The amount of this repurchase is not less than RMB 100 million and not more than RMB 200 million, with a maximum repurchase price of RMB 12.54 per share. The repurchase period is within 12 months from the date when the company's board of directors approves the share repurchase scheme. This article is from "Tencent Stock Selection", edited by GMTEight: Xu Wenqiang.