A-share Announcement Highlights | Wuliangye Yibin (000858.SZ): Net profit for the first quarter was 8.063 billion yuan, a year-on-year increase of 82.57%.

Focus Today 1. Wuliangye Yibin: Net profit for the first quarter was 8.063 billion yuan, a year-on-year increase of 82.57% Wuliangye Yibin announced that in the first quarter of 2026, the operating income was 22.838 billion yuan, a year-on-year increase of 33.67%; the net profit attributable to shareholders of the listed company was 8.063 billion yuan, a year-on-year increase of 82.57%. The performance change is mainly due to the low base number in the same period, resulting in a year-on-year increase. 2. Semiconductor Manufacturing International Corporation: The Shanghai Stock Exchange is scheduled to review the company's issuance of shares to purchase assets and related party transactions on May 11th Semiconductor Manufacturing International Corporation announced that the company plans to issue shares to purchase 49% of the shares of SMIC North Integrated Circuit Manufacturing (Beijing) Co. Ltd., held by National Integrated Circuit Industry Investment Fund, Beijing Integrated Circuit Manufacturing and Equipment Equity Investment Center (Limited Partnership), Beijing Yizhuang International Investment Development Co., Beijing Centergate Technologies Development Group Co., and Beijing Industrial Development Investment Management Co. The Shanghai Stock Exchange M&A Review Committee will hold its 5th meeting on May 11, 2026, to review the company's issuance of shares to purchase assets and related party transactions. 3. Giant Network Group: Received a warning letter for the chairman, Shi Yuzhu, from the Chongqing Securities Regulatory Bureau's administrative supervision decision Giant Network Group announced that on April 29th, the company received the Chongqing Regulatory Bureau of the China Securities Regulatory Commission's "Administrative Supervision Decision". After an investigation, the company was found to have engaged in illegal activities in September 2020, when its wholly-owned subsidiary transferred 100% equity of Hefei Lingxi Interactive Network Technology Co., Ltd. to Shanghai Zhuoxian Interactive Network Technology Co., Ltd. The funds for the equity transfer payment from Shanghai Zhuoxian were sourced through related parties of the company. The related party provided fund loans to facilitate the completion of this transaction and was a common participant in the transaction. The company did not follow the prescribed procedures for related party transactions and information disclosure for the above transaction. The Chongqing Regulatory Bureau of the China Securities Regulatory Commission has decided to issue a warning letter to the company, Shi Yuzhu, Liu Wei, and Meng Wei, and record the situation in the securities and futures market integrity file. 4. Anhui Jianghuai Automobile Group Corp., Ltd.: Plans to invest in Yinqing Intelligent Technology Co., Ltd., where Huawei holds 80% of the shares Anhui Jianghuai Automobile Group Corp., Ltd. announced that the company plans to invest in Yinqing Intelligent Technology Co., Ltd. The transaction party is Huawei Technologies Co., Ltd., and the target company Yinqing Intelligent Technology Co., Ltd. includes major shareholders such as Huawei Technologies Co., Ltd. holds 80% of the shares, Chongqing Sokon Industry Group Stock Automotive Co., Ltd. holds 10% of the shares, etc. At present, the two parties have not signed the relevant investment agreement, so there is uncertainty. The company has initiated negotiations with Yinqing and its shareholders to jointly support Yinqing in becoming a world-class leader in the automotive intelligent driving system and parts industry and to become an open platform for serving the automotive industry. The specific investment amount, transaction method, transaction price, and other terms are subject to the final transaction documents signed by both parties. If the transaction is completed, Yinqing will become a company's subsidiary, and there will be no change in the company's scope of consolidated financial statements. 5. TDG Holding: Controlling shareholders and concerted actors plan to reduce their holdings by up to 1.56% of the shares TDG Holding announced that due to its own capital needs, the actual controlling shareholder, Pan Jianzhong, Pan Juanmei, and Yu Zhihua plan to jointly reduce their holdings of the company's shares by no more than 19.2341 million shares, accounting for 1.56% of the total share capital. Among them, the reduction through centralized bidding does not exceed 12.2341 million shares, accounting for 0.99%; the reduction through block trading does not exceed 7 million shares, accounting for 0.57%. The reduction period is within 3 months after 15 trading days from the date of public disclosure. 6. Anhui Guangxin Agrochemical: The controlling shareholder has been investigated by the CSRC due to suspected violations of disclosure of shareholding changes Anhui Guangxin Agrochemical announced that the company's controlling shareholder, Anhui Guangxin Group Co., Ltd., received the "Notice of Filing" from the China Securities Regulatory Commission on April 30, 2026, for suspected violations of the information disclosure regulations related to Anhui Guangxin Agrochemical's shareholding changes. The CSRC decided to file a case against Guangxin Group. This case is only against the controlling shareholder and will not affect the company's normal operations. 7. Jiangxi Copper: Plans to spin off its subsidiary, Jiangtong Copper Foil, for listing on the Hong Kong Stock Exchange Jiangxi Copper announced that the company plans to spin off its subsidiary Jiangxi Jiangtong Copper Foil Technology Co., Ltd. for listing on the Hong Kong Stock Exchange. The spin-off will not result in the company losing control of Jiangtong Copper Foil, nor will it harm the company's independent listing status and sustainable profitability. The spin-off listing is still in the preliminary planning stage, and the specific plan is subject to further verification, so there is uncertainty. Jiangtong Copper Foil is a leading domestic enterprise in the research, production, and sales of high-performance electrolytic copper foil and provides key material solutions for core areas such as new energy and electronic information. Its main products are categorized by application area, including electronic circuit copper foil and lithium battery copper foil. 8. Zhejiang Yuejian Intelligent Equipment: The intelligent fabric inspection machine product is still in the early stage of market promotion Zhejiang Yuejian Intelligent Equipment issued a stock trading abnormality and risk warning announcement, stating that the intelligent fabric inspection machine product has attracted high market attention recently. As of now, the intelligent fabric inspection machine product is still in the early stage of market promotion. In 2025, the sales revenue of intelligent fabric inspection machines for the company was less than one million yuan, accounting for less than 1% of the main operating income, with an extremely low impact on the company's net profit. There is significant uncertainty regarding whether the intelligent fabric inspection machine product can generate stable sales revenue and profit contributions in the future. 9. Xinko Mobile: Plans to raise up to 7 billion yuan in a private placement, used for 6G research projects, etc. Xinko Mobile announced that the board of directors has approved a scheme to issue A shares to specific targets in 2026, aiming to raise a total amount not exceeding 7 billion yuan. The funds will be used for projects related to integrated mobile communication industrialization, mobile communication research and development projects, 6G research projects, and supplementary working capital. 10. Giti Tire Corporation: The company has been filed due to suspected violations of information disclosure regulations Giti Tire Corporation announced that the company received a "Notice of Filing" from the China Securities Regulatory Commission on April 30, 2026, for suspected violations of information disclosure regulations. Currently, the company's operations are normal, and it will actively cooperate with the investigation and fulfill the obligations of information disclosure. 11. Sai MicroElectronics Inc.: Plans to acquire 10% stake in CompoundTek to consolidate and enhance its competitiveness and market position in the silicon photonics foundry field Sai MicroElectronics Inc. announced that based on the prospects of the silicon photonics market, the company has signed an agreement with IGSS Ventures and CompoundTek through its wholly-owned Hong Kong subsidiary to acquire part of CompoundTek's equity and transfer silicon photonics technology. Sai Electronics will acquire 10% of CompoundTek's shares held by GSS Ventures at a valuation of 40 million US dollars. CompoundTek will transfer silicon photonics technology to Sai's designated party in Hong Kong, with the transaction funded by the company's own funds, at a price of 4 million US dollars. 12. Wuxi Delinhai Environmental Technology: Controlling shareholders and others plan to transfer 14.97% of the company's shares by agreement, and the transferee promises not to engage in AI glasses business with the listed company Wuxi Delinhai Environmental Technology announced that the controlling shareholder, actual controller, and chairman Hu Mingming, shareholders Gu Wei and Chen Hong (referred to as the transferor) intend to transfer a total of 16.92 million shares of the company's unlimited tradable shares to investor Zhu Mingming (the transferee) through an agreement transfer method, accounting for 14.97% of the total shares. The transfer price is 25 yuan per share, with a total transfer price of 423 million yuan. This agreement transfer will not lead to any changes in the company's controlling shareholder or actual controller. The transferee Zhu Mingming has committed that he has no plans or arrangements to inject assets into the listed company, and the capital operation path of himself and the controlled enterprise is unrelated to the listed company. From the effective date of this agreement, he will not engage in any form of AI glasses business related to the listed company and its subsidiaries. 13. Shaanxi Baoguang Vacuum Electric Device: The main business is vacuum interrupter chambers, which has not changed Shaanxi Baoguang Vacuum Electric Device issued a stock trading risk warning announcement, stating that investors have recently shown concern about the helium business operated by the company's controlling subsidiary, Shaanxi Baoguang Lianyue Hydrogen Energy Development Co., Ltd. After self-inspection, the core main business of Baoguang Lianyue is hydrogen, focusing on hydrogen production, storage, transportation, and sales, as well as sales of high-purity nitrogen, sulfur hexafluoride, C4 gas, oxygen, helium, and other electronic special gas businesses. In 2025, the company's audited consolidated operating income was 1.261 billion yuan, Baoguang Lianyue's operating income was 44.045 million yuan, accounting for 3.49% of the company's audited consolidated operating income; Baoguang Lianyue's net profit in 2025 was 3.0877 million yuan, representing 6.23% of the company's audited consolidated net profit; and Baoguang Lianyue's helium business operating income in 2025 was 918,000 yuan, accounting for 0.07% of the company's audited consolidated operating income in 2025, with helium as a small proportion of the supporting gas business. As of now, the company's main business remains vacuum interrupter chambers and has not changed. Stock Abnormalities and Risk Warnings: 1. *ST Yashi: The stock has been delisted risk warning, will resume trading on May 6th 2. Lanzhou LS Heavy Equipment co.: Fined 3 million yuan for illegal information disclosure 3. Markor International Home Furnishings: The controlling shareholder, Meike Group, has received acceptance for restructuring from the Urumqi Intermediate People's Court 4. Eastern Pioneer Driving School: Fined 1.8 million yuan for illegal information disclosure 5. *ST Yijing: Involved in a major litigation case with a total amount of 17.2629 million yuan 6. Shanghai Supezet Engineering Technology Corp., Ltd.: Stock has been suspended from trading starting May 6, 2026 7. Shanghai Haohai Biological Technology: One of the controlling shareholders and actual controllers, Jiang Wei, received a "Detention Decision" for non-company matters 8. Hangzhou Coco Healthcare Products: Vice General Manager and Secretary of the Board of Directors, Wang Xiangting, resigned 9. Hengxin Shambala Culture: Received an "Administrative Penalty Decision" from the Beijing Regulatory Bureau for suspected violations of information disclosure regulations 10. Anhui Guangxin Agrochemical: The controlling shareholder, Guangxin Group, was filed for suspected violations of disclosure of shareholding changes 11. Fujian Haiqin Energy Group: Received an "Administrative Penalty Decision" from the Fujian Regulatory Bureau 12. Guangdong Huicheng Vacuum Technology: The actual controller, Luo Zhiming, received a warning letter from the Guangdong Regulatory Bureau. 13. Huarui Electrical Appliance: Shareholder Sun Ruiliang and related personnel received an "Administrative Measures Decision" from the Ningbo Regulatory Bureau 14. Giant Network Group: Received an "Administrative Supervision Decision" from the Chongqing Regulatory Bureau 15. Giti Tire Corporation: The company has been filed for suspected violations of information disclosure regulations 16. Hainan Yedao: Received an "Administrative Supervision Decision" from the Hainan Regulatory Bureau 17. Sailong Pharmaceutical Group: Stock has been suspended, possibly facing delisting 18. Baiyin Nonferrous Group: Chairman Wang Bin fined 1.4 million yuan for non-company matters with the Gansu Regulatory Bureau 19. Winner Medical: Plans to repurchase shares worth 200 million to 400 million yuan for cancellation 20. Wuliangye Yibin: Plans to repurchase company shares worth 8 billion to 10 billion yuan 21. Shenzhen Neptunus Bioengineering: Stock has been risk warned for other reasons and will be abbreviated as ST Haiwang starting May 6 22. Willing New Energy: Stock has been risk warned for delisting and other reasons, abbreviated as "*ST Weiling" starting May 6 23. Mubang High-Tech: Applying to cancel the delisting risk warning 24. Shanghai Taihe Water Technology Development: Received an advance notice of termination of the company's stock listing 25. *ST Zhongshe: Stock has been risk warned for delisting 26. Beijing VRV Software Corporation: Stock has been risk warned for other reasons and will be suspended for one day Important Company Performance Summary: 1. Bbmg Jidong Cement Group Co., Ltd: Net loss for the first quarter was 994 million yuan 2. Guangzhou Port: Estimated to complete cargo throughput of 510.84 million tons in April, a year-on-year increase of 1.2% 3. Sunflower Pharmaceutical Group: Non-GAAP net profit increased by 166.22% in the first quarter, showing initial effects of proactive transformation under the guidance of a new five-year strategic plan Stock Repurchase & Holding Changes: 1. Shanghai Geoharbour Construction Group Co., Ltd.: Controlling shareholder Hai Nan Longwan plans to reduce holdings by not more than 3% 2. Zhejiang Xinao Textiles Inc.: Plans to raise up to 10.19 billion yuan through a private placement 3. Hunan Airbluer Environmental Protection Technology: Plans to sell 70% equity of Han Yu New Energy for 7.682 million yuan 4. TDG Holding: Multiple shareholders plan to reduce their holdings 5. TFL: Multiple shareholders plan to reduce their holdings 6. Western Region Gold: Gold source mining reduces 0.98% of shares as part of the plan 7. Road Environment Technology Co., Ltd: Detian Zhongxiang plans to reduce holdings by 1.4894%, Vice General Manager Wu Jun and Liu Jing plan to reduce holdings by 0.0473% and 0.0099% respectively 8. Bluesword Intelligent Technology: Shareholder Jinan Science and Technology Venture Capital plans to reduce holdings by not more than 1% 9. Fujian Longking: Repurchased 0.1695% of company shares 10. SICC Co., Ltd.: Multiple shareholders plan to reduce their holdings by 2.20% of shares 11. CHICHENG ELECTRIC: Li Xiangqian, Zhai Shuo, Zhao Jing, and Shi Xuerui have completed reductions of shares 12. Henan Taloph Pharmaceutical Stock: Plans to cancel 14.5231 million shares 13. Zhejiang HeChuan Technology: Completed first-time repurchase of 0.0770% of company shares, total amount paid was 3.9165 million yuan 14. Boai NKY Medical: Completed first-time repurchase of 0.12% of company shares, total transaction amount was 11.3493 million yuan 15. Shenzhen Inovance Technology: Completed first-time repurchase of 0.013% of company shares, total transaction amount was 22.2821 million yuan 16. Wuxi Xuelang Environmental Technology: The first phase of the employee stock ownership plan has been fully sold 17. Wuxi Zhenhua Auto Parts: Controlling shareholder, Wuxi Junrun, has reduced holdings by 2% 18. Changzhou Zhongying Science & Technology: Zhongying Huicai plans to reduce holdings by not more than 0.29% of company shares 19. Wuxi Delinhai Environmental Technology: Controlling shareholder, actual controller, and shareholder agree to transfer part of the shares by agreement 20. Xiamen Leading Optics: Directors and senior executives plan to reduce holdings by not more than 0.006% of shares 21. Raisecom Technology: Shareholder Feng Xuesong plans to reduce holdings by 1.95% 22. Hangzhou Honghua Digital Technology Stock: Completed the first-time repurchase of 0.46% of company shares, with a total repurchase amount of 49.7407 million yuan 23. Zhangzhou Pientzehuang Pharmaceutical: The controlling shareholder's increase-holding plan has been completed, with a cumulative increase of about 500 million yuan 24. Pharmaron Beijing: Shareholders plan to reduce holdings by not more than 1.5% of shares Large Order Signings: 1. Shenzhen Friendcom Technology Development: Won a project worth approximately 169 million yuan 2. Samsung Electric: The company is expected to win a national power grid project with a total amount of about 349 million yuan 3. Zhejiang Yonggui Electric Equipment: Fully-owned subsidiary Changchun Yonggui has won a project worth 15.0695 million yuan 4. Zhejiang Wellsun Intelligent Technology: Expected to win a national power grid project worth about 220 million yuan 5. FULONGMA GROUP: Won 3 environmental service projects in April This article is reprinted from "Tencent Stock Selection", GMTEight editor: Xu Wenqiang.