A-share Announcement Highlights | Murray Shares (688802.SH): Intends to issue H shares and list on the Main Board of the Hong Kong Stock Exchange

Focus today 1. Muxi Share: Plans to issue H shares and list on the main board of the Hong Kong Stock Exchange, multiple proposals await shareholder approval Muxi Share announced that the company's first board of directors' twenty-fifth meeting approved multiple proposals, including issuing overseas listed foreign capital shares (H shares) and applying for listing on the main board of the Hong Kong Stock Exchange. The initial issuance size will not exceed 5% of the total post-issuance share capital, and an excess subscription right of up to 15% of the initial issuance size will be granted. The board also approved the conversion of overseas raised shares and the validity period of the issuance resolution. In addition, changes to independent directors, adjustments to the board's special committee members, and proposed changes to the securities affairs representative were discussed. All the aforementioned proposals will be submitted to the company's first extraordinary general meeting to be held on June 29, 2026. 2. Vanke A: Shenzhen Iron Group to provide loans of no more than 1.14 billion yuan to the company Vanke A announced that the board of directors approved the proposal for Shenzhen Iron Group, the company's largest shareholder, to provide loans of up to 1.14 billion yuan to the company. 3. Sanan Optoelectronics: Indirect controlling shareholder Sanan Group applies for bankruptcy reorganization, Chairman Lin Zhiqiang increases holdings of 1 million shares of the company today Sanan Optoelectronics announced that the company received a notice from its indirect controlling shareholder, Sanan Group, that creditor Lin Suzhen has applied to the Xiamen Intermediate People's Court for bankruptcy reorganization of Sanan Group. As of the date of this announcement, the company has not received the formal document from the Xiamen Intermediate People's Court accepting the applicant's application for the bankruptcy reorganization of Sanan Group. The uncertainty remains about whether the applicant's application will be formally accepted by the Xiamen Intermediate People's Court and whether Sanan Group will subsequently enter bankruptcy reorganization procedures. The company also announced on the same day that on June 12, 2026, Chairman Lin Zhiqiang increased his holdings of the company's shares by 1 million shares through centralized bidding, accounting for approximately 0.02% of the total share capital, with an increase amount of 14.9826 million yuan. Lin Zhiqiang originally planned to increase the amount to no less than 20 million yuan and not exceeding 40 million yuan, and the current increase plan has not been fully implemented. 4. Zhongji Innolight: Elects Liu Sheng as Chairman of the Board Zhongji Innolight announced that the sixth board of directors' first meeting elected Liu Sheng as chairman of the board and appointed Liu Sheng as president, Wang Xiaodong as Executive Vice President, Wang Xaoli and Wang Jun as Vice Presidents, Wang Xaoli as Chief Financial Officer, Wang Jun as Secretary of the Board, and Wang Shaohua as Securities Affairs Representative, all with a term of three years. 5. BOE A: The panel-level glass-based packaging carrier line has achieved full automation equipment in the first half of 2026, with a design capacity of 1000 pieces per month BOE A announced that in 2020, the company started researching glass-based carrier technology and invested 3.9 billion yuan in 2022 to build an innovative wafer-level platform compatible with glass-based/silicon-based wafers. In 2024, the company invested 9.93 billion yuan in building the panel-level glass-based packaging carrier line, and by 2025, the main equipment had been installed and debugged. In the first half of 2026, full automation equipment had been achieved on the line, with a design capacity of 1000 pieces per month. Currently, the company has successfully implemented the full process technology of glass-based packaging carrier boards, such as TGV opening, deep hole filling, layer stacking, and wiring, and in 2025, completed the development and delivery of samples of large-size, high-layer (9-2-9, 20 layers) glass-based carrier boards. 6. Fujian Forecam Optics: Sales revenue from products used in the aerospace field accounts for approximately 3.48% of total operating revenue, with a limited impact on company performance Fujian Forecam Optics announced that the company's stock trading price has shown a cumulative deviation of 30% in the closing price over three consecutive trading days (June 10, June 11, and June 12, 2026), indicating abnormal stock trading volatility. Following a self-inspection by the company, as of the disclosure date of this announcement, no major media reports or market rumors that could significantly affect the company's stock trading price have been found. Additionally, no other significant events that could have a major impact on the company's stock price have been identified. The company noted that the sales revenue from products used in the aerospace field accounts for approximately 3.48% of total operating revenue, with a limited impact on the company's performance. Investors are advised to pay attention to investment risks. 7. Avic Xi'An Aircraft Industry Group: No equity or business cooperation relationship with Northern Special Gas, no plans to add new tungsten hexafluoride production lines Avic Xi'An Aircraft Industry Group announced that the company has noted rumors on the internet regarding "Northern Special Gas (Zigong) Material Technology Company under Avic XiAn Aircraft Industry Group announcing the construction plan for a high-end electronic special gas industrial base, with a total investment of 3 billion, specifically planning to add new tungsten hexafluoride production lines." After verification, it was confirmed that the company and its subsidiaries have no direct or indirect equity relationship with Northern Special Gas (Zigong) Material Technology Company, nor do they have any business cooperation. Northern Special Gas (Zigong) Material Technology Company has an equity relationship with Xifei Decoration, a wholly-owned subsidiary of the company. Xifei Decoration was once the controlling shareholder of Xifei Air, but Xifei Decoration's current controlling shareholder is Xi'an Aero Engine Group Tiandong Co., Ltd., which has no equity relationship with the company. 8. *ST Lihang: Revokes the delisting risk warning, stock symbol changed to Lihang Technology from June 16 *ST Lihang announced that the company's stock will be suspended for one day on June 15, 2026, and will resume trading from June 16, 2026, alongside the revocation of the delisting risk warning. Following the revocation, the company's A-share symbol will be changed to Lihang Technology, and the daily price limit will increase from 5% to 10%. 9. Zhejiang Jiemei Electronic And Technology: Wholly owned subsidiary plans to invest 700 million yuan to build high-end electronic component packaging new materials project Zhejiang Jiemei Electronic And Technology announced that its wholly-owned subsidiary, Zhejiang Jiemei Electronic Information Materials Co., Ltd., signed an investment contract with the People's Government of Meixi Town, Anji County, planning to invest 700 million yuan to build the "High-end Electronic Component Packaging New Materials Project," with an annual production of 50,000 tons, in the Anji County Meixi Town Lin Harbor Industrial Park in Zhejiang Province. The project is expected to commence partial production by December 2028, with funding coming from self-raising and bank financing. The investment aims to expand the production capacity of high-end packaging materials, enhance technological levels, and improve economies of scale, without constituting a related transaction or major asset restructuring. 10. Hebei Sinopack Electronic Technology: Quanshengying and partners plan to reduce holdings of no more than 2.095% shares Hebei Sinopack Electronic Technology announced that shareholders Quanshengying and Quanshengying Enterprise Management Partnership (Limited Partnership) hold 15.9681 million shares of the company's outstanding shares, accounting for 3.54% of the total share capital, and plan to reduce holdings by no more than 9.45 million shares, or no more than 2.095% of the total share capital, within three months after the publication date, through centralized bidding and/or block trading. The reduction is due to the funding and asset planning needs of some partners, with partners who hold positions as directors or senior executives in the company not participating in this reduction. 11. Guangdong Fuxin Technology: The utilization rate of MicroTEC products is over 95%, good cooperation relationships established with clients such as Coherent, Hgtech, and Zuls, limited impact on performance Guangdong Fuxin Technology announced that the company's main business revenue comes primarily from the consumer electronics sector, with a low proportion of business revenue from the communication sector and no significant new large orders obtained recently. In 2025, the revenue share from the communication sector was 9.36%, with the revenue share from MicroTEC products used in 400G and 800G high-speed optical modules at 2.44%; in the first quarter of 2026, the revenue share from the communication sector was 21.36%, with the revenue share from MicroTEC products used in 400G and 800G high-speed optical modules at 14.29%. Currently, the utilization rate of MicroTEC products is above 95%, with good cooperation relationships established with clients such as Coherent, Hgtech, and Zuls. There have been no significant new major clients in the communication sector for the time being. The company has not seen any significant changes in the market environment or industry policies, and the market share of MicroTEC products is relatively low. There are uncertainties regarding the progress of MicroTEC-related business expansion, subsequent order sizes, and profit contributions. 12. *ST Yuanshang: Revokes the delisting risk warning, stock symbol changed to Yuanshang Securities from June 16 *ST Yuanshang announced that the company's stock will be suspended for one day on June 15, 2026, and will resume trading from June 16, 2026, alongside the revocation of the delisting risk warning. The stock symbol will be changed from "*ST Yuanshang" to "Yuanshang Securities," with the stock code remaining the same, and the daily price limit increasing from 5% to 10%. 13. ST Liangchuang: Revokes other risk warnings, stock symbol changed to Liangchuang Securities from June 16 ST Liangchuang announced that the company's application to revoke other risk warnings has been approved by the Shenzhen Stock Exchange. The company's stock will be suspended for one day on June 15, 2026, and will resume trading from June 16, 2026, alongside the revocation of other risk warnings. The stock symbol will be changed from "ST Liangchuang" to "Liangchuang Securities," with the stock code remaining the same, and the daily price limit remaining at 20%. 14. Ganzhou Yihao New Materials: HVLP copper foil is currently in the sample testing, analysis, and certification stage Ganzhou Yihao New Materials released a stock trading abnormal volatility announcement, stating that the HVLP copper foil, which is mainly used for high-frequency high-speed circuit laminates and corresponding multilayer boards, is currently in the sample testing, analysis, and certification stage, with significant uncertainty as to whether it will pass customer certification and enter mass production. 15. Jiangsu Zhenjiang New Energy Equipment: Main customer for gas turbine business is Siemens Energy, currently scheduled for delivery until next year Jiangsu Zhenjiang New Energy Equipment announced that the company's main customer for the gas turbine business is Siemens Energy, with current orders scheduled for delivery until next year, including some forward orders slated for delivery in 2028. 16. *ST Hengjiu: Receives decision to delist stock, stock enters delisting consolidation period from June 23 *ST Hengjiu announced that the company received a decision from the Shenzhen Stock Exchange to delist the stock, thus terminating the listing trading of the company's stock. The stock will resume trading on June 23, 2026, entering a delisting consolidation period of fifteen trading days, with the expected final trading date being July 13, 2026. 17. China National Software & Service: Found guilty of malicious collusion in government procurement activities, prohibited from participating in government procurement for one year China National Software & Service announced that the company received an administrative penalty decision from the Ministry of Finance for engaging in malicious collusion with other suppliers in government procurement activities. The company was fined 40,500 yuan, listed in the record of bad behavior, and prohibited from participating in government procurement activities for one year. The projects involved have already been completed and accepted, with no impact on previous revenue recognition. The company's overall production and business activities are currently normal. Signed contracts are expected to remain unaffected and can be executed as usual. During the prohibition period, the parent company is unable to participate in government procurement activities, but can continue to cooperate normally with channels and industry customers, while subsidiaries can participate in government procurement activities as usual. According to preliminary statistics, the company's direct revenue from government procurement activities accounted for approximately 11% of the company's total operating income in 2025, and it is not expected to have a significant adverse impact on the company's production and operation. 18. Shandong Fengyuan Chemical: Plans to issue A shares to specific entities to raise up to 1.428 billion yuan Shandong Fengyuan Chemical announced that the company plans to issue A shares to no more than 35 specific entities, raising a total amount of up to 1.428 billion yuan. After deducting issuance expenses, the funds will be used for the construction and expansion projects of the annual production of 100,000 tons of high-performance lithium iron phosphate cathode materials for lithium batteries, the production line project of 50,000 tons of high-performance lithium iron phosphate cathode materials, and for supplementary working capital. 19. Shennan Circuits: Plans for private placement to raise up to 4.882 billion yuan, to be used for AI computing electronic circuit product projects, etc. Shennan Circuits announced that the company plans to issue shares to specific entities to raise a total amount of up to 4.882 billion yuan. After deducting issuance expenses, the funds will be used for the Shennan Circuits AI computing electronics circuit product project in Wuxi (36 billion yuan) and for supplementary working capital (12.82 billion yuan). The project mainly produces high-speed, high-density, high-layer PCB products for use in AI servers, switches, and other fields, with a construction period of 1 year. Stock risk warning 1. Shenzhen Das Intellitech: Stock price has fallen by over 20% for three consecutive days, indicating abnormal trading volatility 2. Shanghai Suochen Information Technology: Risks of lower-than-expected revenue and profit contributions from the physical AI business 3. Shenzhen Breo Technology: Receives administrative penalty notice, fined 2.5 million yuan 4. BGT Group Co., Ltd.: To pay a total of 9.8097 million yuan in overdue taxes and fines 5. Hubei Sinophorus Electronic Materials: Stock price has risen by 30% for three consecutive days, indicating abnormal trading volatility 6. China National Software & Service: Engaged in malicious collusion in government procurement, fined 40,500 yuan by the Ministry of Finance Buyback & Insider trading 1. BOE A: Receives 9 billion yuan special loan from Agricultural Bank of China for stock repurchase 2. Beijing Jingxi Culture & Tourism: Shareholder Qingdao Haifa plans to reduce holdings by no more than 3% 3. Nanya New Material Technology: Plans to reduce holdings by no more than 2.3518 million shares of repurchased shares 4. Brightgene Bio-Medical Technology Co., Ltd.: Advanced Manufacturing Fund plans to reduce holdings by no more than 3% 5. Jiangsu Feymer Technology: Plans to cash purchase 51% equity of Wetai Technology 6. Shanghai Medicilon Inc.: Shareholder Lin Changqing plans to reduce holdings by no more than 1.12% 7. Shanghai Kaibao Pharmaceutical: Controlling shareholders and some directors and senior executives plan for a total increase of not less than 1.5 million yuan in holdings 8. Zhejiang Weiming Environment Protection: Plans to repurchase shares worth 150-300 million yuan for convertible bond conversion 9. ENN Natural Gas: Plans to increase holdings in subsidiary ENN ENERGY shares 10. Hwaway Technology Corporation: Plans to repurchase shares worth 10-20 million yuan 11. Shanghai Fengyuzhu Culture Technology: Plans to invest up to 20 million yuan in Songying Technology 12. Zhejiang Goldensea Hi-Tech: Transfers 29.6% shareholding, changes in control 13. Hengli Petrochemical: Plans to purchase real estate from related party for 415 million yuan 14. Shanghai Kai Kai Industrial: Completes capital increase of 40 million yuan for subsidiary Leixi Company 15. Angel Yeast Co.,Ltd.: Plans to invest 422 million yuan in the construction of a health food industry park for Phase Three of the food raw materials project Large orders signed 1. Shandong Hi-Speed Road & Bridge Group: Subsidiary jointly pre-awarded 4.206 billion yuan construction project for Weifang to Yiyuan High-Speed Project 2. Henan Pinggao Electric: Awarded national grid UHV projects totaling about 20.92 billion yuan 3. Chengdu Xingrong Environment: Subsidiary wins garbage incineration deep treatment and resource utilization project 4. China XD Electric: Wins national grid UHV projects worth 18.99 billion yuan This article is reproduced from "Tencent self-selected stocks", GMTEight editor: Xu Wenqiang.