A-share Announcement Highlights | BeOne Medicines Ltd. (688235.SH) Raises 2026 Revenue Forecast to RMB46.3 billion-RMB47 billion

Today's Focus 1. Shenzhen Senior Technology Material: Secures separator supply designation from Volkswagen Group's power battery subsidiary Shenzhen Senior Technology Material (300568.SZ) announced that its wholly-owned subsidiary, Senior Technology Europe, has signed a "Designation Agreement" with Volkswagen Group's power battery subsidiary, agreeing to supply approximately 1.558 billion square meters of wet-process coated lithium-ion battery separator material during the period from 2027 to 2034; combined with the agreement previously signed in November 2024, the company expects to supply a cumulative total of approximately 3.6 billion square meters to this customer. The agreement is a framework arrangement and does not constitute a performance commitment; actual procurement quantities shall be subject to orders. 2. Guangzhou Tinci Materials Technology: Signs long-term supply agreement with Eve Energy Co., Ltd., expected to supply 450,000 tons of electrolyte from 2027 to 2029 Guangzhou Tinci Materials Technology (002709.SZ) announced that its wholly-owned subsidiary, Jiujiang Tinci, has signed a "Long-Term Supply Agreement" with Eve Energy Co., Ltd., under which it is expected to supply 450,000 tons of electrolyte products from 2027 to 2029, with order volumes subject to a fluctuation of plus or minus 20% based on demand forecasts; the agreement is valid until December 31, 2029. If the agreement is fully performed, it is expected to have a positive impact on the company's operating results for 2027 to 2029. 3. Inner Mongolia Xingye Silver&Tin Mining: Acquires control of Willing New Energy Inner Mongolia Xingye Silver&Tin Mining (000426.SZ) announced that through its wholly-owned subsidiary, Shannan Antimony & Gold, by means of a partial tender offer, concentrated bidding increases, and winning judicial auction shares, it holds a total of 13.33% of ST Weiling's shares, becoming its largest shareholder and controlling more than half of the board seats. ST Weiling's controlling shareholder has changed to Shannan Antimony & Gold, and the actual controller has changed to Ji Xingye. 4. BeOne Medicines Ltd.: Raises 2026 revenue forecast to RMB46.3 billion to RMB47 billion BeOne Medicines Ltd. (688235.SH) announced that it expects full-year 2026 operating revenue to be between RMB46.3 billion and RMB47 billion, an upward revision from the previous forecast of RMB44.9 billion to RMB46.2 billion; the balance of operating revenue after deducting operating costs, R&D expenses, selling and administrative expenses, and taxes and surcharges is expected to be between RMB8.4 billion and RMB9 billion. In the first three quarters, the company's total operating revenue was RMB34.993 billion, up 26.8% year on year. 5. Advanced Micro-Fabrication Equipment Inc. China: Plans to repurchase shares for RMB400 million to RMB500 million Advanced Micro-Fabrication Equipment Inc. China (688012.SH) announced that it plans to repurchase shares through centralized bidding using proceeds from the over-allotment of its IPO and its own funds, with a repurchase amount of no less than RMB400 million and no more than RMB500 million, at a repurchase price of no more than RMB433.04 per share; the repurchased shares are intended for use in employee stock ownership plans or equity incentives. 6. Shandong Gold Mining: Plans to repurchase RMB300 million to RMB400 million of shares and cancel all of them Shandong Gold Mining (600547.SH) announced that it plans to repurchase A-shares through centralized bidding, with a repurchase amount of RMB300 million to RMB400 million, at a repurchase price of no more than RMB48.57 per share, all to be used for cancellation and reduction of registered capital; the company has obtained a commitment from the Jinan branch of Industrial and Commercial Bank of China for a dedicated repurchase loan of no more than RMB360 million. Operating Results 1. Hua Hong Grace Semiconductor: Third-quarter sales revenue hits record high, profit attributable of US$123.4 million Hua Hong Grace Semiconductor (688347.SH) announced that third-quarter sales revenue was US$987.1 million, up 19.9% year on year on a comparable basis, setting a new historical high. 2. Muyuan Foods Group: October sales of commercial pigs 5.913 million head, revenue RMB7.253 billion Muyuan Foods Group (002714.SZ) announced that the average selling price of commercial pigs in October was RMB9.64/kg, down 16.54% year on year. 3. Shanghai International Port: October home-port container throughput estimated at 4.981 million TEU, up 9.8% year on year Shanghai International Port (600018.SH) announced that October home-port cargo throughput is estimated at 52.009 million tons, up 5.6% year on year. Repurchases & Shareholding Changes 1. Lingyi Itech: Actual controller Zeng Fangqin completes RMB163 million H-share increase Lingyi Itech (002600.SZ) announced that Zeng Fangqin increased holdings of 36,000,360 H-shares, accounting for 0.44% of total share capital; the increase plan has been completed. 2. China Tianying Inc.: Controlling shareholder completes RMB99.9704 million increase plan China Tianying Inc. (000035.SZ) announced that controlling shareholder Nantong Qianchuang cumulatively increased holdings by 21,383,800 shares, accounting for 0.90% of total share capital. 3. Caissa Tourism Group: Controlling shareholder plans to increase holdings by RMB50 million to RMB60 million Caissa Tourism Group (000796.SZ) announced that Huanhaiwan Cultural Tourism has obtained a commitment letter from Shanghai Pudong Development Bank for a dedicated RMB50 million increase loan, with a term of 2 months. Major Contracts 1. Gansu Golden Solar: Controlling subsidiary signs computing power cloud service contract, estimated total price no more than RMB1.536 billion Gansu Golden Solar (300093.SZ) announced that the contract amount accounts for more than 100% of the company's audited main business revenue for the most recent fiscal year. 2. Dayu Irrigation Group: Consortium wins Xiahushan Reservoir irrigation district project, totaling approximately RMB2.144 billion Dayu Irrigation Group (300021.SZ) announced that the company and its subsidiaries will respectively undertake 9.77% of the construction and operation and maintenance tasks for the project, with a cooperation term of 40 years. Other 1. Shanghai Pudong Development Bank: Plans to redeem two tranches of RMB15 billion each of preferred shares Shanghai Pudong Development Bank (600000.SH) announced that it plans to redeem SPDB Preference 1 and SPDB Preference 2 on December 3, 2026 and March 11, 2027, respectively. 2. Fuchun Technology: Actual controller Miao Pinzhang prosecuted on suspicion of insider trading Fuchun Technology (300299.SZ) announced that Miao Pinzhang is currently on bail pending trial, awaiting the first-instance judgment of the Fuzhou Intermediate People's Court.