A-share Announcement Highlights | Selected as the fifth winning candidate in China Mobile Limited's super-node centralized procurement, Digital China Group (000034.SZ) bids RMB11.666 billion

Today's Focus 1. Digital China Group: Pre-wins RMB11.666 billion China Mobile Limited super-node centralized procurement, winning share 2,048 cards Digital China Group (000034.SZ) announced that its controlled subsidiary Beijing Shenzhou Kuntai Information Technology Co., Ltd. is one of the winning candidates for China Mobile Limited's 2026-2027 new-generation AI super-node equipment centralized procurement project, ranking as the fifth winning candidate, with a bid price of RMB11,665,750,379.84 (excluding tax), a winning share of 2,048 cards, and the supplied product being Shenzhou Kuntai super-node servers; the public announcement deadline for the project is November 2, 2026, and the company has not yet received the notice of award, so whether it will win the bid and the final winning amount remain uncertain. 2. Piesat Information Technology: Applied for reorganization by creditor; net assets attributable to parent at end-June -RMB1.367 billion Piesat Information Technology (688066.SH) announced that the company received a notice from the Hebi Intermediate People's Court of Henan Province and a "Notification Letter" from creditor Guozhe Fund Management (Shandong) Co., Ltd.; the applicant has applied to the court for reorganization of the company on the grounds that the company is unable to pay due debts and its assets are insufficient to pay all debts, but it still has reorganization value, and whether the reorganization application will be accepted is subject to significant uncertainty; the company and actual controller Wang Yuxiang, suspected of information disclosure violations, were placed under investigation by the CSRC on August 7, 2026, which may cause the company to fail to meet the conditions for entering reorganization proceedings; because the audited net assets at the end of 2025 were negative and the financial statements were issued a disclaimer of opinion, the company's shares have been subject to delisting risk warning, and net assets attributable to the parent at end-June 2026 were -RMB1.367 billion. 3. Sunwoda Electronic: Terminates H-share listing; power battery subsidiary deconsolidated after introducing Xiaomi, expected to increase profit by RMB3.2 billion to RMB4.5 billion Sunwoda Electronic (300207.SZ) announced that the company's board of directors reviewed and approved on October 28, 2026 the proposal to terminate the issuance of H shares and listing on the Main Board of The Stock Exchange of Hong Kong Limited; the termination falls within the scope of full authority delegated to the board by the shareholders' meeting and does not need to be submitted to the shareholders' meeting for review; meanwhile, controlled subsidiary Sunwoda Electronic Power Technology Co., Ltd. introduced Hanxing Venture Capital Co., Ltd., a wholly-owned subsidiary of Xiaomi Technology Co., Ltd., as a shareholder and completed the re-election of its board of directors; the company's board seats in that company will not exceed half, and Sunwoda Electronic Power will no longer be included in the company's consolidated financial statements, changing from a controlled subsidiary to an associate company. Based on 2025 annual report data, the company's consolidated operating revenue will be reduced from RMB63.246 billion to RMB44.338 billion, and the asset-liability ratio will be adjusted from 71.25% to 60.87%; the matter is expected to increase the company's 2026 net profit by RMB3.2 billion to RMB4.5 billion. The deconsolidation matter still needs to be submitted to the company's shareholders' meeting for review. 4. Qinchuan Machine Tool & Tool Group Share: Acquires 42.06% equity of Zhongcheng Shares for RMB207 million in cash, total shareholding rises to 96.83% Qinchuan Machine Tool & Tool Group Share (000837.SZ) announced that the company plans to acquire 42.0635% of the total share capital of Baoji Zhongcheng Machine Tool Co., Ltd. held by Shaanxi Renren Investment Management Co., Ltd. for cash of RMB207.15 million; the company's controlled subsidiary Baoji Machine Tool Group Co., Ltd. already holds 54.7619% equity of Zhongcheng Shares. After completion of this transaction, the company and Baoji Machine Tool will together hold 96.8254%, which will not cause a change in control or the scope of the company's consolidated financial statements; this transaction does not constitute a related-party transaction, a major asset restructuring, or a restructuring listing. 5. Advanced Micro-Fabrication Equipment Inc. China: Chairman Yin Zhiyao proposes repurchase of RMB400 million to RMB500 million Advanced Micro-Fabrication Equipment Inc. China (688012.SH) announced that the company's board of directors received a "Letter Regarding the Proposal to Repurchase Company Shares" from Chairman Yin Zhiyao, proposing to use the excess proceeds from the initial public offering and the company's own funds to repurchase the company's A shares through centralized bidding, with a total repurchase amount of no less than RMB400 million and no more than RMB500 million, and a repurchase price no higher than 150% of the average stock trading price over the 30 trading days before the board resolution approving the repurchase plan, with a repurchase period within 12 months from the date of the board resolution approving the repurchase plan; the repurchased shares are intended for employee equity incentives or employee shareholding plans, or to reduce the company's registered capital. 6. Jiangxi Zhengbang Technology: Cumulative new litigation and arbitration RMB897 million, of which RMB669 million as defendant Jiangxi Zhengbang Technology (002157.SZ) announced that as of October 29, 2026, in addition to previously disclosed litigation, the company and its controlled subsidiaries had cumulative new litigation and arbitration matters involving a total amount of RMB897.4466 million, of which litigation involving the company and its controlled subsidiaries as plaintiffs amounted to RMB228.8881 million, and litigation and arbitration involving them as defendants or co-defendants amounted to RMB668.5585 million; the impact of the above litigation and arbitration matters on the company's current-period profit or post-period profit is uncertain. 7. Suzhou Kelida Building & Decoration: Internal control over financial reporting issued adverse opinions for two consecutive years, warns shares may be delisted Suzhou Kelida Building & Decoration (603828.SH) announced that the company's internal control over financial reporting for 2024 was issued an adverse opinion by Zhongxingcai Guanghua Certified Public Accountants, and for 2025 was issued an adverse opinion by Zhengdan Zhiyuan (Shenzhen) Certified Public Accountants, triggering the circumstances stipulated in Article 9.4.1, Paragraph 1, Item 6 of the Shanghai Stock Exchange Stock Listing Rules; the company's shares have been subject to delisting risk warning since April 29, 2026; under Article 9.4.8 of the rules, the company must disclose a risk warning announcement at least once a month that its shares may be delisted. 8. Xiamen Zhongchuang Environmental Technology: 30 cumulative litigation and arbitration cases over 12 consecutive months, involving RMB18.3734 million, 21.03% of net assets Xiamen Zhongchuang Environmental Technology (300056.SZ) announced that since the previous litigation announcement, the company and its controlled subsidiaries have had a total of 30 cumulative litigation and arbitration matters over 12 consecutive months, involving an aggregate amount of approximately RMB18.3734 million, accounting for 21.03% of the company's latest audited net assets; among them, 10 cases were as plaintiff or applicant, involving RMB9.8228 million; 13 cases were as defendant or respondent, involving RMB7.4440 million; and 7 cases involved labor disputes, involving RMB1.1066 million. Operating Performance 1. Eastroc Beverage: First three quarters main revenue RMB18.574 billion, up 10.33% year on year Eastroc Beverage (605499.SH) announced that energy drink revenue was RMB12.780 billion, accounting for 68.80%, and tea beverage revenue was RMB1.638 billion. 2. QINGDAO PORT: First three quarters cargo throughput 563 million tonnes, up 3.2% year on year QINGDAO PORT (601298.SH) announced that container throughput was 27.54 million TEUs, up 6.6% year on year. Repurchases & Increases/Decreases in Holdings 1. Montage Technology: Plans to repurchase RMB300 million to RMB500 million, price cap RMB280/share Montage Technology (688008.SH) announced that the source of funds is own funds, the term is 2 months, and the shares are for employee shareholding or equity incentives. 2. Aluminum Corporation Of China: Controlling shareholder cumulatively increased holdings by RMB1.255 billion, shareholding ratio rises to 34.46% Aluminum Corporation Of China (601600.SH) announced that Chinalco Group and concert parties increased holdings by 66.4506 million A shares and 88.418 million H shares. 3. Shandong Hi-Speed Road & Bridge Group: Controlling shareholder's increase touches 1% integer multiple, total shareholding rises to 58.11% Shandong Hi-Speed Road & Bridge Group (000498.SZ) announced that Hi-Speed Group and concert parties increased holdings by 1.9758 million shares on October 28, 2026, accounting for 0.13%. 4. CASIN Real Estate Development Group: Controlling shareholder's 399 million shares all pledged and frozen, 31.01 million shares to be judicially auctioned for the third time CASIN Real Estate Development Group (000838.SZ) announced that Caixin Real Estate holds 36.25%, and the shares in this auction account for 2.82% of total share capital. Major Contracts 1. Zhejiang Reclaim Construction Group: Consortium wins RMB415 million EPC project, construction period 1,080 calendar days Zhejiang Reclaim Construction Group (002586.SZ) announced that the project is the EPC general contracting for the extension section of the Qingxi Reservoir water diversion project in Ninghai County. 2. Qingdao Greensum Ecology: Wins RMB104 million sewage treatment EPC project Qingdao Greensum Ecology (300948.SZ) announced that the construction period is 270 calendar days, and it has not yet signed a formal project contract with the tenderee.