Selected Stock Announcements | China Shenhua Energy (601088.SH) coal sales in May increased by nearly 12% year-on-year, Chairman and CFO of Xinjiang Zhundong Petroleum Technology (002207.SZ) resign.

Today's Focus 1. China State Construction Engineering Corporation: Total value of new contracts signed from January to May 2026 was 1.8082 trillion yuan, a year-on-year decrease of 1.8%. China State Construction Engineering Corporation announced that the total value of new contracts signed from January to May 2026 was 1.8082 trillion yuan, a year-on-year decrease of 1.8%. Among them, the new contract value for the construction industry was 1.6767 trillion yuan, a year-on-year decrease of 2.0%. The contract value for residential construction was 1.1399 trillion yuan, a year-on-year increase of 2.5%, infrastructure 532.3 billion yuan, a year-on-year decrease of 10.4%, and survey and design 4.5 billion yuan, a year-on-year decrease of 8.7%; domestic contracts were 1.5695 trillion yuan, a year-on-year decrease of 3.9%, while overseas contracts were 107.2 billion yuan, a year-on-year increase of 36.8%. Real estate business contract sales were 131.5 billion yuan, a year-on-year increase of 0.8%; contract sales area was 36.8 million square meters, a year-on-year decrease of 19.0%; year-end land reserve was 67.66 million square meters, with new land reserve of 0.99 million square meters. 2. China Shenhua Energy: Coal sales volume in May was 50.5 million tons, a year-on-year increase of 11.7%. China Shenhua Energy announced that commodity coal production in May 2026 was 41.7 million tons, a year-on-year decrease of 4.1%, and coal sales volume was 50.5 million tons, a year-on-year increase of 11.7%; the total commodity coal production in the year was 2.07 billion tons, a year-on-year decrease of 4.0%, and the total coal sales volume was 2.5 billion tons, a year-on-year increase of 3.3%. In terms of transportation, the turnover volume of self-owned railway transportation was 27.8 billion ton-kilometers, a year-on-year increase of 4.9%; ship loading volume at Huanghua Port was 19.3 million tons, a year-on-year decrease of 1.0%. In terms of power generation, the total power generation was 20.86 billion kilowatt-hours, a year-on-year increase of 5.0%; total electricity sales was 19.48 billion kilowatt-hours, a year-on-year increase of 4.6%. In coal chemical industry, polyethylene sales volume was 75.3 thousand tons, a year-on-year decrease of 12.9%; polypropylene sales volume was 96.6 thousand tons, a year-on-year increase of 7.7%. 3. STO Express Co., Ltd.: Express business revenue in May was 5.744 billion yuan, a year-on-year increase of 30.23%. STO Express Co., Ltd. announced that the express service business revenue in May 2026 was 5.744 billion yuan, a year-on-year increase of 30.23%; the business volume was 2.689 billion tickets, a year-on-year increase of 18.78%; the single ticket income for express service was 2.14 yuan, a year-on-year increase of 9.74%. 4. WuXi AppTec: Completed the repurchase of H shares worth 2.5 billion Hong Kong dollars under the H share incentive trust plan WuXi AppTec announced that the company has completed the repurchase of 2.5 billion Hong Kong dollars worth of H shares under the "2026 H Share Incentive Trust Plan", purchasing a total of 20,148,900 shares, accounting for approximately 0.68% of the total share capital. These shares will be used as a source of shares for awarding to core employees after the achievement of certain conditions, with the basic award condition being a revenue of 51.3 billion yuan in 2026 and an additional condition of reaching 53.0 billion yuan in revenue. 5. Shandong Hi-Speed Road & Bridge Group: 500 million yuan corporate bonds will be listed on the Shenzhen Stock Exchange on June 18th Shandong Hi-Speed Road & Bridge Group announced that Shandong Hi-speed Road & Bridge Group Co., Ltd. will issue corporate bonds open to professional investors (first tranche) with conditions meeting the listing requirements of the Shenzhen Stock Exchange and will be listed on the Shenzhen Stock Exchange starting from June 18, 2026. The trading will be for professional investors, including matched transactions, negotiated transactions, inquiry transactions, competitive bid transactions, and negotiated transactions. The bond issue is designated as "26ShanLu01", with the code 524853, rated AAA, with a total amount of 500 million yuan, a term of 3 years, a coupon rate of 1.75% per annum, payable annually, with an interest start date of June 12, 2026, and a maturity date of June 12, 2029. 6. Cnlight Co., Ltd: Cancelling the risk warning of delisting and changing the stock abbreviation to "Xingguang Stock" starting from June 22nd Cnlight Co., Ltd announced that the application for revoking the delisting risk warning has been approved by the Shenzhen Stock Exchange. In accordance with the relevant regulations of the Shenzhen Stock Exchange Listing Rules, the company's stock will be suspended for 1 day starting from June 18, 2026, and will be officially delisted and resumed trading starting from June 22, 2026. The stock abbreviation will be changed from "Cnlight Co., Ltd" to "Xingguang Stock", while the stock code remains "002076", and the daily price limit will be changed from "5%" to "10%". 7. YTO Express Group: Express business revenue in May was 6.24 billion yuan, a year-on-year increase of 6.68%. YTO Express Group announced that the revenue from the express products in May 2026 was 6.24 billion yuan, a year-on-year increase of 6.68%; the business volume was 3.057 billion tickets, a year-on-year increase of 10.61%; the revenue per express product was 2.04 yuan, a year-on-year decrease of 3.55%. 8. Jinzi Ham Co., Ltd.: Investing in a 9.09% equity stake in Zhongsheng Micro and stating that it does not have a significant impact on the company's operating performance Jinzi Ham Co., Ltd. released an announcement stating that the company's wholly-owned subsidiary, Fujian Jinzi Semiconductor Co., Ltd., invested in Zhongsheng Microelectronics (Hangzhou) Co., Ltd. in October 2025. The holding in Zhongsheng Micro is 9.0909%. The investment in Zhongsheng Micro does not give the company control and is accounted for as a long-term equity investment using the equity method. In 2025 and the first quarter of 2026, the company recognized investment income from Zhongsheng Micro of -662,900 yuan and -671,400 yuan respectively, which does not have a significant impact on the company's operating performance. Investors are advised to make investment decisions cautiously and pay attention to investment risks. 9. Hangzhou Cable: Shareholder Fuchunjiang Communication Group reduced its holdings by 2.3422 million shares of the company's stock from June 3 to June 17 Hangzhou Cable announced that the company received a notice on June 17 from its shareholder Zhejiang Fuchunjiang Communication Group Co. Ltd., stating that as of the date of the announcement, the shareholder reduced its holdings of the company's shares by 22.22 million shares through concentrated bidding from June 16 to June 17, accounting for 0.03% of the total share capital; from June 3 to June 16, the shareholder reduced its holdings of the company's shares by 2.12 million shares through block trades, accounting for 0.31% of the total share capital. As a result, the shareholding of Fuchunjiang Communication Group and its concerted action person decreased from 50.34% to 50.00% of the company's total share capital, triggering a change of ownership exceeding 5% increments. 10. Jiangsu Shuangxing Color Plastic New Materials: The MLCC film de-molding project is still in the cultivation and construction phase, and the revenue from this project in 2025 accounted for approximately 0.3% of the company's total revenue Jiangsu Shuangxing Color Plastic New Materials announced that the company's MLCC de-molding film project is still in the cultivation and construction phase. Due to various factors, the product currently has a negative gross profit. The revenue from this project accounted for approximately 0.3% of the company's total revenue in 2025, and its impact on the company's performance is minimal. The future construction of this project may be affected by market fluctuations, product price fluctuations, and other factors. The MLCC de-molding film produced by the company is a consumable material in the MLCC laminating coating process, accounting for approximately 10%-20% of the total cost of MLCC products. 11. Zhejiang Taitan: The company has not produced low DK or Q fabric weaving machine products for sale Zhejiang Taitan announced that the company has noticed discussions on various platforms regarding the company's electronic weaving machines. The company states that as of the announcement date, the company has only sold conventional electronic weaving machine products, with order amounts accounting for 2% of the previous year's revenue. The products have not been delivered, and the revenue has not been recognized. The company has not produced low DK or Q fabric weaving machine products for sale. The company's related business is subject to multiple factors, including market supply and demand, competition, technological advancements, and product prices, resulting in significant uncertainty. Investors are advised to pay attention to investment risks and make rational judgments. 12. Union Semiconductor: Plans to establish a joint venture company and acquire 100% equity of Zhenglong Xinchuang, which will serve as the company's advanced packaging technology R&D and production platform Union Semiconductor announced that the Board of Directors has approved the company's capital injection of 400 million yuan to establish the joint venture company Heifei Jingruiwang Technology Co., Ltd. with Bairei Holdings Co., Ltd., and Hong Kong Huiwei Integrated Holdings Co., Ltd. The joint venture company will acquire 100% equity of Shanghai Zhenglong Xinchuang Microelectronics Co., Ltd. held by Hong Kong Huiwei Integrated Holdings Co., Ltd. at zero cost. The registered capital of Heifei Jingruiwang Technology Co., Ltd. is 700 million yuan, and it will serve as the company's advanced packaging technology R&D and production platform; Shanghai Zhenglong Xinchuang Microelectronics Co., Ltd. will serve as a wholly-owned subsidiary and the R&D headquarters of the joint venture company, playing a key role in technology development and business implementation. 13. China Jushi Co., Ltd: The company's electronic fabric products mainly include regular fabrics and thin fabric series, and low dielectric special electronic fabric products have not generated orders and revenue China Jushi Co., Ltd released an announcement stating that the company's recent focus on electronic fabric products has been high, with the company being classified as a "PCB concept". The company clarifies that its electronic fabric products mainly consist of regular fabrics and thin fabric series. In 2025, the company achieved electronic fabric sales of 1.062 billion meters, accounting for 17.77% of its total revenue. Special electronic fabric products such as low dielectric fabrics have not generated orders or revenue. The company warns investors to be cautious of speculative concepts and make rational decisions. 14. Shandong Sinocera Functional Material: Multi-layer ceramic substrate products are still under joint development with customers and have not generated batch orders Shandong Sinocera Functional Material announced that the company's stock has experienced abnormal fluctuations over three consecutive trading days with a cumulative deviation of 31.31%. The company acknowledges the growing interest in the multi-layer ceramic substrate sector, primarily used in AI data centers. The company's multi-layer ceramic substrate products are still in a joint development process with customers and have not generated batch orders. The implementation of the project and the possibility of achieving batch production remain uncertain, with risks of market volatility and product price fluctuations affecting the project construction. The stock price has surged alongside market sentiment and industry trends, reaching historical highs in key valuation indicators. The current price reflects optimistic expectations for the company but might not align with short-term growth performance. Investors are advised to consider valuation retracement and market volatility risks and make informed judgments based on the company's long-term intrinsic value. 15. Shandong Fiberglass Group Corp.: The company currently does not have electronic fabric products. Shandong Fiberglass Group Corp. issued a statement addressing the abnormal fluctuations in its stock trading. The company confirms that its core business focuses on the research, development, production, and sales of industrial valves. The company does not have operations involving the research, production, purification, or processing of silicon-28. The company has not withheld any significant information that should be disclosed to shareholders. It advises investors to be cautious regarding investment risks. 16. Haohua Chemical Science & Technology Corp.: Majority shareholder China Haohua intends to acquire 1.56% of the company's stock from Foreign Trade Trust and China Chemical Venture Capital Haohua Chemical Science & Technology Corp. announced that the company's controlling shareholder, China Haohua, plans to acquire a total of 20,116,130 shares, representing 1.56% of the company's total share capital, from Foreign Trade Trust and China Chemical Venture Capital at a price of 32.06 yuan per share, totaling 646 million yuan. This transaction constitutes an internal transfer between entities controlled by the same actual controller, and post-transaction, China Haohua's shareholding will increase to 47.31%. The company's controlling shareholder and actual controller remain unchanged. 17. Zhejiang Wazam New Materials: Chairman Liu Tao and controlling shareholder Huali Group reduced their holdings by 20,000 and 260,000 shares on June 15 and June 16 respectively Zhejiang Wazam New Materials released a statement regarding the abnormal fluctuations in its stock trading. The company's product portfolio includes copper-clad laminates, composite materials, and film materials. The company clarifies that high-end copper-clad boards for AI data centers represent a relatively minor proportion of its overall revenue. The production and commercialization of the high-end copper-clad boards are subject to high technical barriers and extended timelines, presenting significant uncertainties. The recent stock price surge has been influenced by market sentiment and industry trends. The current share price reflects market optimism but may not be fully aligned with short-term fundamentals. Investors are urged to consider a value return and market volatility risks while maintaining a rational assessment of short-term stock performance based on the long-term intrinsic value of the company. 18. Zhuzhou Kibing Group: The company has not invested in production lines for chip encapsulation glass, with no mass orders in place Zhuzhou Kibing Group issued a notice regarding the abnormal fluctuations in its stock trading. The company's subsidiary, Guangzhou Xingsen, is primarily engaged in investments and construction related to FCBGA packaging boards projects. In 2025, the revenue from this sector was 26.899 million yuan, accounting for 0.37% of the company's consolidated revenue, with an operating profit of -6.438 million yuan and a net profit of -5.33 million yuan. The FCBGA packaging board project is currently in the market expansion and small-scale production phase, not yet reaching large-scale production levels. The company's revenue generated from PCB applications in the optical field did not exceed 150 million yuan in 2025, accounting for less than 2.08% of its revenue. The company's glass substrate R&D project focuses on technological capability research and equipment assessment, currently in the technical reserve phase, having successfully developed samples with no mass orders in place, making significant revenue contribution in the short term unlikely. 19. Sufa Technology Industry: The company's business does not involve the R&D, purification, production, or processing of silicon-28 Sufa Technology Industry released a notice regarding the abnormal fluctuations in its stock trading. The company's primary operations focus on the research, development, production, and sales of industrial valves. The company confirms it has not been involved in the R&D, purification, production, or processing of silicon-28 or related business activities. There are no undisclosed significant matters that should be disclosed to shareholders. Investors are advised to approach information with caution and be aware of investment risks. 20. Hangzhou MDK Opto Electronics Co., Ltd: The company's semiconductor glass substrate supplied to customers is non-punched substrate Hangzhou MDK Opto Electronics Co., Ltd announced that its stock experienced abnormal fluctuations over three consecutive trading days, with a cumulative deviation exceeding 30%. The company notes the market's increased attention to glass substrates used in the semiconductor sector. The company emphasizes that the semiconductor glass substrate supplied to customers is non-punched substrate. Despite this, the product sales revenue in 2025 accounted for about 2.00% of the company's total revenue, with minimal impact. The company has developed glass through-silicon-vias, in-via metallization, chemical mechanical polishing, and RDL wiring, with these related processes not contributing to revenue from mass production. Through the acquisition of Haisailight Optoelectronics Technology (Suzhou) Co., Ltd. and INNOWAVE VIETNAMCO., LTD, the company entered the supply chain system of Samsung. In 2025, this business segment accounted for less than 2.50% of the company's overall revenue, producing camera module light filtering films for smartphones with a low impact on performance. Furthermore, the power chip wafer-level testing business has not generated mass revenue. 21. Tongding Interconnection Information: The business does not involve optical modules or optical chip products Tongding Interconnection Information announced that its stock experienced abnormal fluctuations over three consecutive trading days, with a cumulative deviation exceeding 20%. The company addresses the market's heightened interest in fiber optic cable industries, noting potential short-term pricing fluctuations' uncertain sustainability. The impact on future performance requires a comprehensive analysis of the market environment and business progress. Fiber optic revitalization and expansion involve considerations of fiber optic market prices, supply and demand, and the supply capabilities of optical rods. The recovery and expansion of this sector will rely on various factors, including activities related to market environment changes, risks of fiber price drops, and changes in supply and demand ratios that amplify potential risks. The company's current business does not include optical module or optical chip products, focusing primarily on fiber optic cables, communication cables, power cables, and storage end security. 22. WG Tech(JiangXi)Group: The company's business in the broad semiconductor field is still at an early stage WG Tech(JiangXi)Group issued an abnormal trading notice explaining the market's interest in glass-based applications in the semiconductor sector. The company states its activities in the broad semiconductor industry are currently in the embryonic stage, with products at the joint development and sampling phase