Focus today
【Ping An of China: Participating in the Restructuring of Founder Group】Ping An of China announced that on January 29, 2021, the Company received a notice from the administrator to identify a consortium composed of Zhuhai Huafa Group Co., Ltd. (on behalf of Zhuhai State-owned Assets), the Company and Shenzhen Tefa Group Co., Ltd. as the reorganization investors of Founder Group. The manager will follow up with the signing of the investment agreement and the formulation of the draft reorganization plan in accordance with the law. The draft reorganization plan can only take effect after legal procedures such as voting by the creditors' meeting of Founder Group and the ruling and approval of the people's court, and there is still some uncertainty. The Company will fulfill its information disclosure obligations in a timely manner according to the progress of the restructuring of the participating Founder Group.
【Meinian Health: Significantly revised performance expectations Expected to make a profit of 550 million yuan -650 million yuan in 2020】 Meinian Health announced, a sharply revised performance forecast, is expected to make a profit of 550 million yuan to 650 million yuan in 2020, after a pre-profit of 10 million yuan - 30 million yuan, a net loss of 866 million yuan last year. The Company expects to increase its net profit by approximately RMB1.04 billion after the disposal of part of its equity interest in its subsidiary, Main Health Technology (Beijing) Co., Ltd., in the fourth quarter of 2020, which is a non-recurring profit or loss.
[Ganfeng Lithium Significantly Revised Performance Forecast: Net Profit of 910 Million Yuan - 1.07 Billion Yuan in 2020 Increased by 154% – 199% year-on-year] Ganfeng Lithium announced that the company expects to achieve a net profit attributable to shareholders of listed companies of 910 million yuan to 1.07 billion yuan in 2020, an increase of 154.14% – 198.82% compared with the same period of the previous year (statutory disclosure data). Previously, it was expected to make a profit of 400 million to 500 million yuan, an increase of 11.71% to 39.64% year-on-year. During the reporting period, the company's lithium salt product production and sales increased year-on-year, but the average annual sales price of lithium salt products decreased year-on-year, resulting in a year-on-year decline in the company's operating net profit; the company's financial assets such as Pilbara, the fair value change income generated in this report increased significantly, resulting in a year-on-year increase in the company's net profit.
[Wangfujing: Proposed increase of not more than 4 billion yuan to absorb the shares of the first merchant stock resumption] Wangfujing announced that the company absorbed the merged shares by issuing A shares, Wangfujing was the absorbing merging party, and the first commercial shares were the absorbed merging parties. Raise supporting funds of not more than RMB4 billion from the non-public issuance of A-share shares to no more than 35 specific investors, including BTG Group. The ratio of the first commercial shares to Wangfujing is 1:0.3044, that is, for every 1 share of the first commercial shares, 0.3044 shares of Wangfujing shares can be exchanged. Wangfujing dissenting shareholders' right to takeover the right to claim the right at 33.54 yuan per share. The cash option price of the dissenting shareholders of the first commercial shares is 8.51 yuan per share. Upon application to the Shanghai Stock Exchange, trading in the company's A-shares will resume trading from the opening of the market on February 1, 2021.
【Tonghuashun performance forecast: net profit of 1.616 billion yuan - 1.795 billion yuan in 2020 increased by 80% - 100% year-on-year】 Flush announced that it is expected to achieve a net profit attributable to shareholders of listed companies in 2020 of 1.616 billion yuan - 1.795 billion yuan, an increase of 80% - 100% year-on-year; the net profit in the fourth quarter is expected to be 844 million yuan - 1.023 billion yuan, an increase of 153.45% - 207.21% month-on-month. In 2020, the domestic securities market was actively traded, and investors' demand for financial information services and fund investment increased. At the same time, according to the market situation, the company further improves the quality of related products and services by increasing the research and development of AI technology applications and product innovation, so that the company's various businesses have achieved substantial growth.
[PetroChina performance forecast: net profit in 2020 fell by 55%-63% year-on-year】 PetroChina announced that it expects net profit in 2020 to decrease by 25 billion yuan to 29 billion yuan compared with the same period last year, down 55% -63% year-on-year. The main reason for the company's performance pre-reduction is that due to the impact of the new crown pneumonia epidemic, oil prices have dropped sharply and refined oil sales have decreased significantly.
Invest & Sign
【DeepLy believed service: signed a strategic cooperation agreement with Tencent Cloud Computing Company】Deep belief service announcement, the company and Tencent cloud computing company recently signed the "Strategic Cooperation Agreement", the two sides will complement each other and deeply integrate the advantages of cloud network resources, product technology, service system, etc., work together to promote the development of cloud-network integration construction in the country, comprehensively enhance user network experience and ensure efficient and safe business migration to the cloud, and promote the digitalization and intelligent upgrading of enterprises.
【You'a Shares: Signed a Business Cooperation Strategic Agreement with Hunan Telecom】You'a Shares announced that it signed a "Business Cooperation Strategic Agreement" with Hunan Telecom, and the two sides intend to establish a strategic partnership in Hunan, combined with their respective advantages in retail commerce and communication networks, to cooperate in 5G+MEC smart business complex, channel (store) collaboration, IPTV online operation and other business areas to jointly build 5G smart business.
[Youngor: plans to set up a Shanghai subsidiary for 2.8 billion yuan] Youngor announced that the company intends to invest 2.8 billion yuan, subscribe 100% of the registered capital, and set up Youngor Fashion (Shanghai) Technology Co., Ltd. to further strengthen the operation of the fashion and apparel industry.
Changes in equity
【Hongcheng Water Industry: Proposed to purchase a number of assets from the controlling shareholder】Hongcheng Water Industry announced that the company intends to purchase 100% of the equity of Dingyuan Ecology, 100% of the equity of Blue Sky and Clear Water Environmental Protection and 100% of the equity of Anyi Water From the Water Industry Group by issuing shares. The issue price of the purchased asset shares is 6.14 yuan per share. The counterparty to the transaction is the controlling shareholder, Water Industry Group. The company has gradually extended from traditional water treatment to urban comprehensive environmental governance services with ecological environment as the core.
【Lingnan Holdings: 10% of the controlling shareholder's equity is transferred gratuitously to enrich the social security fund】 Lingnan Holdings announced that the Guangzhou Municipal State-owned Assets Supervision and Administration Commission transferred 10% of the equity held by the company's controlling shareholder, Guangzhou Lingnan International Enterprise Group Co., Ltd., to the Guangdong Provincial Department of Finance to enrich the social security fund.
【Danbang Technology: Controlling shareholder intends to transfer 2% of the company's shares】Danbang Technology announced that in order to repay the stock pledge financing loan, in order to reduce debt and resolve the risk of stock pledge, the controlling shareholder Danbang Investment Group intends to transfer its 2% shares in the company to China Merchants Securities through the transfer of the agreement.
Increase or decrease & repurchase
[Yangpu Medical: Shareholders intend to reduce their holdings of not more than 2.76% of the shares] Yangpu Medical Announced that Zhao Jiqing, a shareholder holding 23.83 million shares of Guangzhou Yangpu Medical Technology Co., Ltd. (accounting for 7.72% of the company's total share capital), plans to reduce his holding of no more than 8.53 million shares of the company (accounting for no more than 2.76% of the company's total share capital) within six months after 15 trading days from the date of the announcement.
【Hongxin Electronics: Qiu Kui intends to reduce its shareholding by no more than 2%】 Hongxin Electronic Announcement, Qiu Kui, a shareholder who holds 9,155,917 shares of the company 's shares (accounting for 2.6792% of the company's total share capital), plans to reduce his holdings in the company's shares through centralized bidding or block trading, and the reduction period is within 6 months after 3 trading days from the date of the company's announcement of the reduction plan. It is expected that the total number of shares to be reduced will not exceed 6,834,743 shares (if there are any changes in the company's shares during this period, such as the transfer of shares, the conversion of capital reserve funds into share capital, etc., the number shall be adjusted accordingly), that is, not more than 2% of the total share capital of the company.
【Juchen Shares: Juchen Hong Kong intends to reduce its shareholding in the company by not more than 2%】 Juchen Hong Kong, a shareholder holding 9.33% of the shares, plans to reduce its shareholding in the company by no more than about 2.42 million shares from March 1, 2021 to August 31, 2021, and the proportion of the planned reduction will not exceed 2%.
【SUNSEA Intelligence: Shareholders holding more than 5% of the shares, Rundatai, intend to increase their holdings by 1.5%-3%】 SUNSEA Intelligent announced that the shareholder Zhuhai Rundatai Investment Partnership plans to increase its shareholding in the company through the centralized bidding transaction of the Shenzhen Stock Exchange trading system in the next 6 months from the date of disclosure of this announcement. The proportion of shares to be increased will not be less than 1.5% of the total share capital and not more than 3%.
【Oceanwide Holdings: Intends to repurchase shares for 300 million yuan to 500 million yuan】 Oceanwide Holdings announced that it intends to repurchase shares for 300 million yuan to 500 million yuan, and the repurchase price will not exceed 4.75 yuan per share. The above-mentioned proposed repurchase of shares will be used for the company's employee stock ownership plan or equity incentives.
【Tonghua Dongbao: Proposed to repurchase 8 million shares -10 million shares】Tonghua Dongbao announced that it intends to repurchase 8 million shares to 10 million shares, the repurchase price does not exceed 16 yuan / share, and the total amount of funds to be repurchased is capped at 160 million yuan.
【Ruimaotong: Proposed to repurchase shares for 60 million to 120 million yuan】 Ruimaotong announced that it intends to repurchase shares for 60 million to 120 million yuan, and the repurchase price will not exceed 7.60 yuan / share. The shares repurchased by the Company are intended to be used to implement an employee stock ownership plan or equity incentive.
【Dongzhu Ecology: Proposed to repurchase 25 million yuan - 50 million yuan of shares】 Dongzhu Ecology announced that the company intends to repurchase the company's shares in a centralized bidding transaction, with the total amount of repurchased shares not less than 25 million yuan and not more than 50 million yuan; the repurchase price does not exceed 23.93 yuan / share; the repurchase period is 12 months from the date when the company's shareholders' meeting deliberates and approves the share repurchase plan. The repurchased shares will be used for the ESOP.
Business & Performance
【Guotai Junan Performance Express: Net profit of 11.1 billion yuan in 2020 increased by 28.54%】Guotai Junan announced that the company achieved a total revenue of 35.195 billion yuan in 2020, an increase of 17.51% year-on-year, and a net profit of 11.1 billion yuan, an increase of 28.54% year-on-year. The steady development of various businesses has achieved good operating performance. In 2020, the total impairment provision for various assets was RMB1.312 billion.
[Xinlong Holdings Performance Forecast: 2020 annual net profit increased by 3526% – 4459%] Xinlong Holdings announced that it expects the net profit for the whole year of 2020 to be 175 million yuan - 220 million yuan, an increase of 3526.19% – 4458.64% year-on-year. The company's operating performance in 2020 increased significantly compared with the same period last year, mainly due to: the increase in demand for medical and health protection products and personal and household cleaning and sanitation, stimulating the rapid growth of upstream non-woven demand, and the company's non-woven product sales and gross profit have risen sharply under the market demand. The company has improved the company's efficiency by reducing costs and increasing efficiency, adjusting the business structure, optimizing the financing structure, slimming down and reducing the burden.
【Aonong Bio Performance Forecast: Net profit in 2020 increased by 2027% to 2370% year-on-year] Aonong Bio announced that it is expected to achieve a net profit attributable to shareholders of listed companies in 2020 of 620 million yuan to 720 million yuan, an increase of 590 million yuan to 690 million yuan compared with the same period last year, an increase of 2026.51% to 2369.50% year-on-year. The main reason for the substantial increase in the performance of this period is that the company's breeding scale continues to expand, the pig output in 2020 increased significantly year-on-year, the sales price of pigs in 2020 remained high due to the impact of supply and demand, and the profit of the company's pig breeding business increased significantly.
【Leo shares performance forecast: 2020 annual net profit increased by 1438% -1470%】 Leo shares issued a performance forecast, is expected to be 4.730 billion yuan - 4.830 billion yuan in 2020, an increase of 1437.66% - 1470.17% over the same period last year. The Company invested in Ideal Auto through its wholly-owned subsidiary, Leo Hong Kong, with a total investment of RMB 450 million. In 2020, the company's fair value change income recognized by investing in Ideal Automobile was RMB6.005 billion, and the impact on net profit attributable to shareholders of the listed company was RMB4.504 billion, which was included in the non-recurring profit or loss.
【Shuoshi Biologics Performance Forecast: Net profit in 2020 increased by 818.05%-914.68%】 Shuoshi Bio announced that it expects to achieve a net profit attributable to the owners of the parent company in 2020 of 769 million yuan to 849 million yuan, an increase of 818.05% to 914.68% year-on-year compared with the same period of the previous year (statutory disclosure data). At the beginning of the reporting period, the outbreak of the new crown epidemic, the company quickly responded to the needs of epidemic detection, the first time to develop the new coronavirus 2019-nCOV nucleic acid detection reagents, rapidly increase production capacity, fully support the prevention and control of the epidemic, during the reporting period, the company's new crown nucleic acid detection reagent sales increased significantly, at the same time, also led to a significant increase in the sales of testing instruments, nucleic acid extraction reagents and other related products, prompting the company's overall operating performance in 2020 to show a larger scale of growth.
【Blue Sail Medical Performance Forecast: 2020 annual net profit increased by 512%-593%】 Blue Sail Medical announced that the company expects to achieve a net profit attributable to shareholders of listed companies in 2020 of 3 billion yuan to 3.4 billion yuan, an increase of 511.88% -593.46% year-on-year. The company's medical and protective products, including medical and protective gloves, various types of masks and other demand orders have increased significantly, and the sales price has risen significantly, thus having a positive impact on the company's performance.
【Jinyu Medical Performance Forecast: Net profit of 1.4 billion yuan - 1.56 billion yuan in 2020 increased by 248% - 288% year-on-year】 Jinyu Medical announced that the company expects to achieve a net profit attributable to shareholders of listed companies in 2020 of 1.4 billion yuan to 1.56 billion yuan, an increase of 247.97% to 287.74% year-on-year compared with the same period last year. The company expects its operating performance in 2020 to achieve substantial growth compared with 2019, mainly due to the impact of the new crown epidemic, the demand for epidemic-related testing has increased significantly, but with the progress of epidemic prevention and control, there is uncertainty about whether the new crown-related testing business will continue to grow in the future.
【Zhengbang Technology Performance Forecast: Net profit in 2020 increased by 240%-270%】 Zhengbang Technology announced that it expects the annual net profit in 2020 to be 5.6 billion yuan - 6.1 billion yuan, an increase of 240% - 270.36% year-on-year. During the reporting period, the national pig supply maintained a continuous tense situation, pig prices continued to run at a high level, pig breeding business has strong profitability, superimposed company production capacity continued to release, in 2020 the company's pig cumulative output increased significantly, sales revenue increased greater than the same period last year, the overall profitability level increased significantly compared with last year, therefore, the company's performance during the reporting period was greatly improved compared with the same period last year.
【Rongsheng Petrochemical Performance Forecast: Net profit in 2020 increased by 222%-244%】 Rongsheng Petrochemical announced that it expects the net profit for the whole year of 2020 to be 7.1 billion yuan to 7.6 billion yuan, an increase of 221.72% to 244.38% year-on-year. During the reporting period, the company's year-on-year performance increased significantly, mainly after the first phase of the "40 million tons of refining and chemical integration project" of Zhejiang Petrochemical Co., Ltd., a holding subsidiary, was put into operation, the production of various devices progressed smoothly, the operating load was steadily increased, and the benefits were released significantly.
【BOE A performance forecast: net profit of 4.8 billion yuan to 5.1 billion yuan in 2020 increased by 150%-166%] BOE A announced that it is expected to achieve a net profit attributable to shareholders of listed companies in 2020 of 4.8 billion yuan to 5.1 billion yuan, an increase of 150% -166% year-on-year. For the same period last year, it was a profit of 1.919 billion yuan. Sales of some products increased significantly, and the annual revenue increased steadily compared with the previous year. The prosperity of the semiconductor display industry is relatively high compared with the same period last year, especially the demand for IT and TV products has rebounded sharply, and the price of products has continued to rise since the middle of 2020, and the company's operating performance has improved significantly compared with the same period last year. The company's flexible AMOLED product shipments increased significantly compared with 2019, but because the production line is still in the climbing period, the new depreciation is under short-term pressure. With the continuous increase in shipments, it is expected to further enhance the overall competitiveness of the company in the future.
Industrial Securities Performance Forecast: Net profit of 3.7 billion yuan to 4.1 billion yuan in 2020 increased by 110% to 130% year-on-year] Industrial Securities announced that the company expects to achieve a net profit attributable to shareholders of listed companies of 3.7 billion yuan to 4.1 billion yuan in 2020, an increase of 110% to 130% compared with the same period last year (statutory disclosure data). During the reporting period, the asset management business (including fund management), investment banking business, brokerage business and proprietary investment business all achieved rapid growth, driving the company's performance to increase significantly year-on-year. The Company's consolidated statements for the period made a total of RMB355 million for credit impairment provisions. In terms of the reasons for the growth of performance, Industrial Securities said that under the impact of the new crown pneumonia epidemic, China has shown strong resilience, economic development has gradually recovered, capital market reform has been deepened, and policy dividends have been continuously released. The overall recovery of the securities market. In this context, the company actively grasps market opportunities, takes customer needs as the center, gives full play to the synergistic advantages of the group, comprehensively builds two major business ecosystems of wealth management and institutional customer comprehensive services, accelerates the high-quality development of the group with two-wheel drive, and shows a stable and good development trend in various businesses.
[Shenzhen Konka A performance forecast: 2020 annual net profit increased by 98%-155%] Shenzhen Konka A announced that it is expected that the net profit for the whole year of 2020 will be 420 million to 540 million yuan, an increase of 98.08% -154.68% year-on-year. During the reporting period, the Company continued to practice the development model of "technology + industry + park", focusing on the industrial main line of "semiconductor + new consumer electronics + science and technology park", forming a development strategy of enhancing industry with scientific and technological innovation, driving industrial clusters with core industries, driving regional development with industrial clusters, and feeding back science and technology and industry with regional development resources, and promoting the company to become an innovative technology industry group.
【Wingtech Technology Performance Forecast: 2020 annual net profit increased by 91%-123%】 Wingtech Technology announced that it expects the net profit for the whole year of 2020 to be 2.4 billion to 2.8 billion yuan, an increase of 91.45% -123.36% year-on-year. The main reason for the pre-increase in the company's performance in the current period is the rapid development of the company's performance.
[Youngor performance forecast: net profit in 2020 is about 7.15 billion yuan, an increase of about 80% year-on-year] Youngor announced that the company expects to achieve a net profit attributable to shareholders of listed companies in 2020 of about 7.15 billion yuan, an increase of about 80% year-on-year. The company's pre-increase in performance was mainly due to the non-recurring profit and loss arising from the sale of the equity of Bank of Ningbo, with an impact amount of about 2.646 billion yuan.
[Shandong Gold: Net profit is expected to increase by 55% to 105% year-on-year in 2020] Shandong Gold announced that it is expected to achieve net profit attributable to shareholders of listed companies in 2020 is expected to be 2 billion yuan to 2.65 billion yuan, an increase of 55% to 105% year-on-year. Affected by the economic downturn of the world's major economies, global monetary easing and other factors, under the demand for safe-haven, the international gold price has risen sharply since 2020. The company pays close attention to the opportunity of rising gold prices, organizes gold sales in a timely manner, and the gross profit of self-produced gold sales in 2020 increases greatly, and the profit achieves better growth year-on-year.
Zijin Mining announced that it expects its annual net profit to be 6.45 billion yuan to 6.65 billion yuan in 2020, an increase of 50.56% to 55.23% year-on-year.
[Transsion Holdings Performance Forecast: 2020 annual net profit increased by 47% year-on-year] Transsion Holdings announced that it expects the annual net profit of 2020 to be 2.64 billion yuan, an increase of 47.13% year-on-year. The company continued to increase the development of markets outside Africa and brand promotion efforts, on the basis of the continued steady growth of the African market, sales revenue in markets outside Africa rose higher year-on-year.
【China Exemption Performance Express: Net Profit in 2020 Increased by 32% Year-on-Year】China China ExemptEd Issued Performance Express, operating income in 2020 was 52.618 billion yuan, an increase of 8.24% year-on-year; net profit attributable to the mother was 6.117 billion yuan, an increase of 32.07% year-on-year; basic earnings per share was 3.13 yuan. Affected by the implementation of the new tax exemption policy for Hainan outlying islands on July 1, 2020, the company's tax-free business on outlying islands achieved substantial year-on-year growth, especially the sales of luxury bags, watches and precious jewelry with higher gross profit margins increased significantly year-on-year.
[*ST Salt Lake: Expected net profit in 2020 is 2.05 billion yuan - 2.25 billion yuan to turn loss into profit] * ST Salt Lake announced that it is expected to have a net profit of 2.05 billion yuan to 2.25 billion yuan in 2020, a year-on-year turnaround, with a net loss of more than 45.8 billion yuan last year.
【Wangfujing Performance Forecast: Net Profit in 2020 Fell by 54%-62%year-on-year】Wangfujing announced that it expects to reduce its performance by 520 million yuan to 600 million yuan in 2020, a decrease of about 54%-62% year-on-year; affected by the decline in the stock price of trading financial assets held by the company, the fair value change profit and loss decreased by 197 million yuan year-on-year.
【Beijing-Shanghai high-speed rail performance forecast: 2020 annual net profit of 3.071 billion yuan - 3.394 billion yuan, a year-on-year decrease of 69.27% - 76.56%】 The Beijing-Shanghai high-speed railway announced that it is expected to achieve a net profit attributable to the shareholders of listed companies in 2020 of 3.071 billion yuan - 3.394 billion yuan, a year-on-year decrease of 69.27% to 76.56%. Affected by the new crown epidemic, the demand and willingness of passengers to travel have decreased significantly, resulting in a year-on-year decline in the company's operating income and net profit.
[Changan Automobile: Expected net profit for the whole year of 2020 is 2.8 billion yuan - 4 billion yuan to turn losses into profits] Changan Automobile announced that it expects the annual net profit of 2.8 billion yuan to 4 billion yuan in 2020, compared with a loss of 2.65 billion yuan in the same period last year. Mainly due to the company's sales growth, product structure optimization, continuous improvement in the profitability of its own business, and a steady increase in the profitability of the joint venture business. The company's asset impairment provision in 2020 is about 1.71 billion yuan, which is expected to reduce the company's net profit attributable to shareholders of listed companies in 2020 by about 1.39 billion yuan.
[No. 9 Company: Expected net profit for the whole year of 2020 is 55.91 million yuan - 83.86 million yuan to turn losses into profits] No. 9 Company announced that it is expected to have a net profit of 55.91 million yuan to 83.86 million yuan in 2020, achieving a turnaround. The company's main business has developed steadily, the market scale has continued to expand, and major products such as electric scooters have achieved year-on-year growth, while electric bicycles and electric motorcycles have been officially put into the market, the company's sales capacity has been continuously improved, and sales channels have been continuously expanded.
【Juneyao Airlines: Expected loss of 420 million yuan - 490 million yuan in 2020 from profit to loss】 Juneyao Airlines announced that it expects a loss of 420 million yuan to 490 million yuan in 2020, compared with a net profit of 990 million yuan in the same period last year.
Spring Airlines: Expected loss of 538 million yuan - 629 million yuan in 2020] Spring Airlines announced that it expects a loss of 538 million yuan to 629 million yuan in 2020; the company recognizes investment losses and charges impairment for the long-term equity investment of Spring Airlines Japan, which is expected to affect the net profit amount of 700 million yuan to 730 million yuan, and if the impact of this matter is deducted, the net profit in 2020 is expected to be 102 million yuan - 162 million yuan.
【Shanghai Airport Performance Forecast: Net Profit Loss of 1.29 Billion Yuan -1.21 Billion Yuan in 2020 Net Profit of 5.03 Billion Yuan in the Same Period last Year】 Shanghai Airport announced that it is expected to achieve a net profit attributable to shareholders of listed companies in 2020 of 1.29 billion yuan - 1.21 billion yuan. Since July 2020, with the gradual control of the domestic epidemic situation, the business volume of domestic routes has gradually improved, but due to the global epidemic situation, the business volume of international routes has still been greatly affected, and the company's operating pressure has continued to increase. Net profit for the same period last year was 5.03 billion yuan.
【Junshi Bio Performance Forecast: Net profit loss of 1.644 billion yuan in 2020 R&D expenses of about 1.82 billion yuan】 Junshi Bio announced that the company expects to achieve a net profit attributable to the owners of the parent company in 2020 of about 1.644 billion yuan, an increase of about 897 million yuan compared with the same period last year, an increase of about 119.96% year-on-year. It is expected to achieve an operating income of about 1.59 billion yuan in 2020, an increase of about 105.14% year-on-year. The company expects the annual R&D expenditure in 2020 to be about 1.82 billion yuan, an increase of about 92.79% compared with the same period last year. During the reporting period, the company's operating income increased significantly, which can basically cover the company's product promotion and daily operation expenses in addition to R&D investment. The company's annual net profit attributable to the owners of the parent company in 2020 is still a loss, mainly due to the company's increased investment in research projects and reserve research and development projects, and the operating income cannot fully cover the investment in research and development.
【Xiaokang shares performance forecast: 2020 annual net profit loss of 1.78 billion yuan - 1.38 billion yuan】 Xiaokang shares announced that the company expects to lose money in 2020, and the net profit attributable to shareholders of listed companies will be a loss of 1.78 billion yuan to 1.38 billion yuan, compared with a profit of 66.72 million yuan in the same period last year. The overall impact of the smart electric vehicle business segment attributable to shareholders of listed companies was about -1.30 billion yuan. The fuel vehicle business segment affected the net profit attributable to shareholders of listed companies by about -460 million yuan.
[Tianqi Lithium: Expected loss of 1.36 billion yuan - 2.27 billion yuan in 2020 The loss narrowed] Tianqi Lithium announced that it expects a loss of 1.36 billion yuan to 2.27 billion yuan in 2020, compared with a loss of 5.983 billion yuan in the same period last year.
[*ST Kangde: expected net loss of 2.5 billion yuan - 4.5 billion yuan in 2020] * ST Kangde announced that it expects a net loss of 2.5 billion yuan - 4.5 billion yuan in 2020, a year-on-year loss reduction.
【Tahoe Group Performance Forecast: 2020 Net Profit Pre-Loss of 4.174 Billion Yuan – 5.52 Billion Yuan From Profit to Loss】 Taihe Group announced that it expects a net profit loss attributable to shareholders of listed companies of 4.174 billion yuan – 5.52 billion yuan in 2020, compared with a net profit of 466 million yuan in the same period last year. Affected by the new crown pneumonia epidemic and the settlement schedule of the company's real estate development projects, there are no centralized delivery of real estate projects, only sporadic projects delivery carry-forward income, and the income is significantly lower than that of the same period of the previous year; the investment income in 2020 is significantly reduced compared with the same period of 2019, with a cumulative reduction of 21 consolidated projects, thereby recognizing the related investment income of 1.277 billion yuan; and the liquidated damages of about 800 million yuan are accrued for the loan liquidated damages that have been due and not repaid.
【China Eastern Airlines Performance Forecast: Net Profit Loss in 2020 9.8 Billion Yuan - 12.5 Billion Yuan】 China Eastern Airlines announced that the company's net profit attributable to shareholders of listed companies in 2020 is about -9.8 billion yuan to -12.5 billion yuan. In the same period last year, the profit was 3.195 billion yuan.
Air China announced that it expects a loss of 13.5 billion yuan to 15.5 billion yuan for the whole year of 2020. In 2020, the new crown pneumonia epidemic has caused a huge impact on the global civil aviation industry, the demand for China's civil aviation passenger transport market has shrunk, production and investment have been inverted, the investment in international routes has dropped to a very low level, the company's operation has faced unprecedented difficulties and challenges, and the overall revenue scale has dropped sharply.
【Exploration and Establishment Shares Performance Express: Net Profit in 2020 Increased by 19.15% year-on-year】 Exploration and Establishment Shares released the 2020 annual performance express report, achieving a total operating income of 2.792 billion yuan, an increase of 8.92% year-on-year; net profit attributable to shareholders of listed companies of 513 million yuan, an increase of 19.15% year-on-year; basic earnings per share of 2.16 yuan.
【Nanjing Securities Performance Express: 2020 annual net profit increased by 14.14% year-on-year】Nanjing Securities disclosed that in 2020, the company's operating income was 2.367 billion yuan, an increase of 7.49% over the same period of the previous year, and the net profit attributable to the shareholders of the listed company was 810 million yuan, an increase of 14.14% over the same period of the previous year; the basic earnings per share were 0.24 yuan. At the end of 2020, the company's total assets were 44.589 billion yuan, an increase of 23.66% over the end of the previous year, mainly due to the increase in customer funds for the company's brokerage business, while the company seized the opportunity to expand the scale of business, and completed the non-public issuance of shares during the reporting period, raising a net amount of 4.274 billion yuan.
【Zijin Bank Performance Express: Net profit in 2020 increased by 1.76% year-on-year】Zijin Bank released a performance express report, operating income in 2020 was 4.477 billion yuan, down 4.24% year-on-year; net profit attributable to the mother was 1.442 billion yuan, an increase of 1.76% year-on-year; basic earnings per share were 0.39 yuan.
【Longzhou shares performance express: 2020 annual loss of 880 million yuan】 Longzhou shares released a performance express report, 2020 annual loss of 880 million yuan, a year-on-year loss. It is expected that the net profit in the first quarter of this year will be 8 million to 12 million yuan, compared with a loss of 15.2 million yuan in the same period last year.
【Good thoughts of your performance forecast: 2020 net profit pre-increase of 985%-1032%】 Good thoughts of you announced that the net profit for the whole year of 2020 is expected to be 2.09 billion -2.18 billion yuan, an increase of 985.02% -1031.75% year-on-year. The main reason was that the company completed the sale of 100% of the equity of Hangzhou Holmes Food Co., Ltd., and increased the net profit attributable to the shareholders of the listed company by about 2.228 billion yuan, which was a non-recurring profit and loss event.
Yulong shares announced that it is expected to achieve a net profit attributable to shareholders of listed companies in 2020 of 117 million yuan to 143 million yuan, an increase of 96.5846 million yuan to 123 million yuan compared with the same period last year, an increase of 473.1% to 600.45% year-on-year. It is expected to achieve operating income of about 12.627 billion yuan in 2020, an increase of about 586.43% year-on-year.
【Haizheng Pharmaceutical Performance Forecast: 2020 Net Profit Pre-increase 303%-378%】Haizheng Pharmaceutical announced that it expects to achieve a net profit attributable to shareholders of listed companies in 2020 of 375 million yuan to 445 million yuan, an increase of 303% -378% year-on-year. The company's performance increase was mainly due to the increase in gross profit contribution brought about by the company's preparation sales growth, the year-on-year decline in operating expenses such as sales and management brought about by the improvement of the company's overall operating efficiency, as well as the decline in the scale of interest-bearing liabilities and the year-on-year decline in financing-related financial expenses.
[Sunda Biology Performance Forecast: 2020 annual net profit increased by 295%-338%] Shengda Biology announced that it expects net profit in 2020 to be 186 million yuan to 206 million yuan, an increase of 295% to 338% year-on-year, mainly due to the sharp increase in the price of biotin, the company's main product.
【Jiuan Medical Performance Forecast: 2020 Net Profit Pre-increase 261%-336%】Jiuan Medical announced that it is expected to have a net profit attributable to the mother of 2020 of 240 million yuan - 290 million yuan, an increase of 261.18% - 336.42% year-on-year. During the epidemic period, the company quickly responded to the domestic public health epidemic prevention needs, resumed production ahead of schedule, actively expanded production capacity, and after the domestic epidemic eased, began to export epidemic prevention products such as thermometer to foreign countries in mid-March 2020. In Europe and the United States, the company gave full play to the advantages of overseas subsidiaries in online sales platforms such as Amazon and offline channels, and significantly increased sales.
【Jinyi Industrial Performance Forecast: 2020 Annual Net Profit Pre-increase 234%-283%】 Jinyi Industrial announced that the company expects to achieve a net profit attributable to shareholders of listed companies in 2020 of 463 million yuan to 531 million yuan, an increase of 234% -283% year-on-year, and earnings per share of 0.49-0.56 yuan. During the reporting period, in order to create an efficient and convenient hardware supply chain system, the company introduced SF Investment and external investors to jointly increase the capital of the original wholly-owned subsidiary, Jinyi Logistics, due to the change of equity transfer and external shareholder capital increase from the cost method to the equity method of accounting, and the recognition of investment income at fair value on the date of loss of control was recognized.
CIMC announced that it expects net profit attributable to shareholders of the parent company and other equity holders to be 5 billion yuan to 5.7 billion yuan in 2020, up 224% to 270% from the same period last year. CiMC City, a subsidiary of CIMC, introduced Qujiang Cultural Investment as a strategic investor and expects to generate investment income of approximately RMB4.6 billion in 2020, which the Group has classified as a non-recurring profit or loss.
【Yu Neng Holdings Performance Forecast: 2020 annual net profit increased by 165%-264%】 Yu Neng Holdings announced that it expects the net profit for the whole year of 2020 to be 265 million to 365 million yuan, an increase of 164.62% -264.48% year-on-year. The net profit attributable to the shareholders of the listed company in 2020 increased year-on-year, mainly due to the year-on-year reduction in coal procurement costs and the year-on-year increase in the profits of the company's thermal power business; second, to enjoy the dividends of the social insurance premium reduction policy issued by the state, and the burden of enterprise operation was reduced; third, to closely follow the national monetary policy, broaden financing channels, and reduce financial costs significantly.
【Huaneng International Performance Forecast: 2020 Annual Net Profit Pre-increase 163%-195%】 Huaneng International announced that it expects net profit attributable to shareholders of the Company in 2020 to increase by RMB2.44 billion to RMB2.94 billion compared with the same period of the previous year (before restatement), an increase of 145% to 174% year-on-year. Due to the sharp decline in the purchase price of domestic coal year-on-year, the reduction in financial expenses year-on-year, and the turnaround of the Singapore Tuas project, the company's profit has increased significantly. However, at the same time, the company's domestic electricity sales and average settlement electricity prices fell year-on-year, and some units were impaired due to the expected rise in regional coal prices, insufficient demand, and insufficient capacity competitiveness, which reduced the company's profit growth.
【Datang Power Generation Performance Forecast: Net profit in 2020 increased by 150%-188%】 Datang Power Generation announced that it expects net profit in 2020 to be about 2.7 billion yuan to 3.1 billion yuan, an increase of about 150% to 188% year-on-year. Power generation increased year-on-year, and the company's operating income increased compared with the same period last year. Through improving quality and efficiency, improving management, strengthening cost control, and at the same time, affected by the decline in coal prices, the company's operating costs decreased compared with the same period last year.
【Huachuang Yangan Performance Forecast: 2020 Annual Net Profit Pre-increase of 153%】 Huachuang Yangan announced that the net profit attributable to shareholders of listed companies was 658 million yuan, an increase of 152.71% year-on-year; basic earnings per share were 0.38 yuan.
【China Reserve Shares Performance Forecast: 2020 Annual Net Profit Increased by 120%-140%】China Reserve Shares announced that it is expected to increase net profit by 335 million yuan to 390 million yuan in 2020, an increase of 120%-140% year-on-year; the operating income of China Reserve Zhiyun in 2020 has exceeded 20 billion yuan, achieving profitability.
【Shanghai Royce Performance Forecast: Net Profit in 2020 Increased by 110%-140%】Shanghai Royce announced that it is expected to have a net profit of 1.28 billion yuan to 1.46 billion yuan in 2020, an increase of 110%-140% year-on-year. In 2020, the company enjoyed an investment income of 45% from the GDS equity transfer, which was the main reason for the significant increase in annual performance. In addition, the company's main business development trend in 2020 is good, and the sales revenue of blood products increased compared with the previous year.
【263 Performance Forecast: 2020 Annual Net Profit Pre-increase 60%-105%】263 Announcement, it is expected that the net profit attributable to shareholders of listed companies in 2020 will be 279 million yuan - 358 million yuan, an increase of 60% -105% year-on-year. During the reporting period, the demand for online education, remote office, video collaboration, etc. increased due to the impact of the epidemic, and the cloud video (including enterprise live broadcast and video conferencing) and cloud conferencing business in the company's enterprise communication business increased year-on-year. There are signs of goodwill impairment in the Asset Group, VOIP and IPTV Asset Group of Dixun Business formed by the Company's previous acquisition of assets, and it is necessary to make a goodwill impairment loss.
【Yunnan Aluminum shares performance forecast: 2020 net profit pre-increase of about 80%】 Yunnan aluminum shares announced that it is expected to have a net profit attributable to the mother of about 890 million yuan in 2020, an increase of about 80% over the same period last year.
【CICC Performance Forecast: Net Profit in 2020 Increased by 61%-78%】 CICC announced that it expects its net profit for the full year of 2020 to be 6.828 billion to 7.552 billion yuan, an increase of 61.08%-78.18% year-on-year.
Qi Xiang Tengda announced that it expects the net profit attributable to shareholders of listed companies in 2020 to be 931 million yuan to 1.117 billion yuan, an increase of 50% to 80% year-on-year. The chemical sector is affected by the downturn in international oil prices, raw material prices have been at the bottom for a long time, the company through the continuous adjustment of the purchase of raw materials of different components, while controlling costs at the same time to ensure the largest procurement of the company's profitable products of raw materials, the raw material procurement cost-effective to achieve the best, to achieve economic supply. During the reporting period, the company built a new phase of 100,000 tons / year nitrile latex project and a phase of 100,000 tons / year MMA project successively put into operation, and the release of new production capacity had a positive impact on the performance growth of the reporting period.
【Quectel Communications Performance Forecast: 2020 Net Profit Pre-increase 55% to 75%】 Quectel Communications announced that it expects the net profit attributable to shareholders of listed companies in 2020 to be 229 million yuan to 259 million yuan, an increase of 55% to 75% year-on-year. In 2020, the company will continue to vigorously promote the development of its main business, continuously develop new products to meet the needs of the growing Internet of Things terminal market, and continue to expand its market share in many application areas such as in-vehicle, and its operating income and net profit have increased.
【Chongqing Beer Performance Forecast: 2020 Pre-increase 50%-70%】Chongqing Beer announced that the company expects to achieve a net profit attributable to shareholders of listed companies in 2020 (statutory disclosure data) of 985 million yuan to 1.117 billion yuan, an increase of 50% to 70% year-on-year. The pre-increase in performance is mainly due to the completion of major asset restructuring in 2020 to form a merger of enterprises under the same control, and the performance of the target company for the current year is included in the scope of consolidation, with an impact amount of about 550 million yuan.
【COFCO Capital Performance Forecast: 2020 Annual Net Profit Pre-increase 49%-69%】COFCO Capital announced that it expects net profit attributable to shareholders of listed companies in 2020 to be 970 million yuan to 1.1 billion yuan, an increase of 48.73% to 68.66% year-on-year. In 2020, the company increased its business development efforts, and the insurance, trust, futures and other businesses increased compared with the same period last year, so the overall performance was better.
【Shougang shares performance forecast: 2020 annual net profit pre-increase of 48%-56%】 Shougang shares announced that it is expected that the net profit attributable to shareholders of listed companies in 2020 will be 1.75 billion yuan - 1.85 billion yuan, an increase of 47.55% - 55.99% year-on-year.
[Tianfeng Securities Performance Forecast: Net profit in 2020 increased by 40%-63% year-on-year] Tianfeng Securities announced that it is expected to achieve a net profit attributable to shareholders of listed companies in 2020 of 431 million yuan to 501 million yuan, an increase of 40.27% to 62.92% year-on-year. From July to December 2020, a total of 381 million yuan was made for the impairment of various assets.
【Shanxi Securities Performance Forecast: Net Profit in 2020 Increased by 45%-58%】Shanxi Securities released a performance forecast, and it is expected that the net profit attributable to the mother in 2020 will be 740 million yuan -805 million yuan, an increase of 45.00% -57.75% year-on-year. In 2020, the stock market picked up, and the A-share market as a whole increased significantly compared with last year. Under this market situation, the company actively grasped the market opportunities, steadily promoted the development of various businesses, during the reporting period, the company's securities proprietary business, securities brokerage business and investment banking business achieved growth over the same period of the previous year, and the net profit attributable to the shareholders of the listed company increased compared with the same period of the previous year.
【Emerging Casting Pipe: Net Profit Pre-increase of 10%-30% in 2020】Emerging Casting Pipe announced that it is expected that the net profit attributable to shareholders of listed companies in 2020 will be 1.65 billion yuan - 1.95 billion yuan, an increase of 10% -30% year-on-year.
【Camel shares performance forecast: 2020 annual net profit increased by 18%-28%】 Camel shares announced that it is expected to have a net profit of 703 million yuan to 763 million yuan in 2020, an increase of 18.11% to 28.19% year-on-year, and the company's automotive battery production and sales and market share will increase in 2020.
【Changxin Technology Performance Forecast: Net Profit in 2020 Increased by 6%-24%】Changxin Technology released a performance forecast, and it is expected that the net profit attributable to the mother in 2020 will be 900 million yuan - 1.050 billion yuan, an increase of 6.45% - 24.20% year-on-year. During the reporting period, the company actively responded to the rapid increase in domestic and foreign electronic customer groups represented by north American consumer electronics giants for medium and large size NB and PAD orders, thinning capacity continues to bear greater pressure, the current new production line is being rapidly built, and there will be new thinning capacity in the near future.
【Shengyi Technology Performance Express: Net profit in 2020 increased by 15% year-on-year】 Shengyi Technology released a performance express report, and the net profit for the whole year of 2020 was 1.66 billion yuan, an increase of 14.77% year-on-year.
[East Ejiao: Expected full-year net profit of 2020 is 33.46 million yuan – 49.77 million yuan to turn a profit] East Ejiao announced that the net profit for the whole year of 2020 is expected to be 33.46 million yuan – 49.77 million yuan, a loss of 444 million yuan in the same period last year.
【China Shenhua Performance Forecast: Net profit in 2020 fell by 9% year-on-year】China Shenhua announced that it expects net profit for the whole year of 2020 to be 39.2 billion yuan, down 9% year-on-year.
[Wanji Technology Performance Forecast: 2020 Net Profit Pre-decline 25%-37%] Wanji Technology announced that it is expected that the net profit attributable to the mother in 2020 will be 553 million yuan to 653 million yuan, down 25.02% to 36.57% from the same period last year. Driven by the national policy in 2019, the national ETC vehicle electronic tag issuance in 2019, especially in the fourth quarter of 2019, showed explosive growth, since 2020, the ETC industry has gradually entered a period of steady development while superimposing the new crown epidemic and other factors, ETC vehicle electronic label issuance declined, and the company's ETC business revenue scale fell year-on-year in the fourth quarter, resulting in a year-on-year decrease in net profit.
[China Salt Chemical Performance Forecast: 2020 annual net profit pre-drop of 38%] China Salt Chemical announced that the company expects to achieve a net profit attributable to shareholders of listed companies in 2020 of about 550 million yuan, a decrease of about 38% compared with the same period last year. During the reporting period, affected by the new crown epidemic and other factors, the operating rate of enterprises in downstream industries was insufficient, the demand decreased, and the sales price of soda ash, caustic soda ash and other products of the company fell significantly compared with the previous year.
【Fujian Cement Performance Forecast: 2020 annual net profit fell by 36%-42% year-on-year】Fujian Cement announced that it is expected that the net profit in 2020 will decrease by 167 million yuan to 197 million yuan, a year-on-year decrease of 36% to 42%; during the reporting period, the company's smelters reduced the output of clinker due to 4#5# demolition, which increased cement production costs, and the average selling price of cement fell by about 5% year-on-year, and the gross profit margin of cement sales decreased, resulting in a decrease in the profit of the main business.
【Nanjing Xinbai Performance Forecast: 2020 Annual Net Profit Pre-Drop 39%-52%】 Nanjing Xinbai announced that it is expected to achieve a net profit attributable to shareholders of listed companies in 2020 between 817 million yuan and 1.021 billion yuan, a year-on-year decrease of 39.48%-51.60%. During the reporting period, due to the impact of the new crown epidemic, the revenue of the company's subsidiaries Danrui in the United States, Natali in Israel, as well as domestic department stores and pension businesses were greatly affected. The company's real estate sector has not developed new projects in recent years, and the original projects are nearing the end, so the net profit of the real estate sector in 2020 is negative 0.16 billion yuan, and the net profit of 417 million yuan was achieved in the same period last year.
【360 Performance Forecast: Net profit in 2020 fell by 44%-53% year-on-year】360 announced that it expects the net profit for the whole year of 2020 to be 2.82 billion yuan to 3.320 billion yuan, a year-on-year decrease of about 44% to 53%.
【Actually Home Performance Forecast: 2020 annual net profit fell by 52%-57% year-on-year】 Actually Home announced that it is expected that the net profit for the whole year of 2020 will be 1.35 billion to 1.5 billion yuan, down 52.45% -57.21% year-on-year.
[Tianmao Group Performance Forecast: 2020 Net Profit Pre-Drop 59%-64%] Tianmao Group announced that it expects net profit attributable to shareholders of listed companies to be 640 million yuan – 720 million yuan, down 63.96% - 59.46% from the same period last year. In 2020, the original insurance premium income was 32.54 billion yuan, down 13.41% year-on-year. Affected by the macroeconomic environment, the 750-day treasury bond yield moving average fluctuated downward, and Guohua Life Insurance Co., Ltd. increased the liability reserve provision, reducing the profit of the reporting period.
【Xiantan shares performance forecast: 2020 annual net profit pre-drop 63%-67%】 Xiantan shares announced that it is expected that the net profit attributable to shareholders of listed companies in 2020 will be 330 million yuan -370 million yuan, down 63.02% -67.02% year-on-year. Affected by the new crown pneumonia epidemic during the reporting period, the resumption of work and school of enterprises and schools and the operation of downstream customers have been greatly affected, resulting in terminal consumer demand has not yet returned to normal levels, the prosperity of the white feather broiler industry has declined, compared with the same period last year, the company's chicken product sales prices have decreased year-on-year, and the company's profits have also decreased.
【Fangda Carbon Performance Forecast: Net profit in 2020 fell by 63%-75% year-on-year】Fangda Carbon announced that it expects that the net profit in 2020 will decrease by 1.26 billion to 1.51 billion yuan compared with the same period of the previous year, a year-on-year decrease of 62.58%-75.05%. Affected by the epidemic, the market demand weakened, and the price of graphite electrodes fell sharply year-on-year, resulting in a year-on-year decline in operating profit margin and net profit.
Yutong Bus announced that it expects that the net profit attributable to shareholders of listed companies in 2020 will decrease by 1.33 billion yuan to 1.53 billion yuan compared with the same period of the previous year (statutory disclosure data), a year-on-year decrease of 68.6% to 78.6%. Affected by the domestic novel coronavirus pneumonia epidemic, the flow of people in various places has been restricted, the demand for national tourism consumption has been suppressed, and the demand for the passenger car market has decreased; the export business has been blocked, and the export sales volume has decreased year-on-year.
【Gehua Cable Performance Forecast: 2020 Annual Net Profit Pre-Drop 60%-80%】 Gehua Cable announced that the company's net profit attributable to shareholders of listed companies in 2020 is expected to decrease by 348 million yuan to 464 million yuan compared with the same period last year, a year-on-year decrease of 60% to 80%. With the overall decline of the industry, the number of users of the company has been lost to a certain extent. Affected by the epidemic, the company's engineering construction, marketing and advertising business have been affected to a certain extent. The fair value of guiguang network shares held by the company fell significantly year-on-year.
【Jiuding Investment Performance Forecast: 2020 Annual Net Profit Pre-decline 87%-90%】 Jiuding Investment announced that it is expected that the net profit attributable to shareholders of listed companies in 2020 will be reduced by 692 million yuan to 710 million yuan compared with the same period of the previous year (statutory disclosure data), and will decrease by 87.4% to 89.69% year-on-year. In 2020, the company's overall performance fell sharply year-on-year, mainly due to the sharp decrease in the operating income and profit of the company's real estate business year-on-year. At the same time, affected by the overall environment, policies and other factors, the company's private equity investment management business also experienced a sharp decline compared with the same period last year.
[Xinlitai Performance Forecast: Net profit in 2020 decreased by 92.94% – 89.75% year-on-year] Xinlitai announced that the company's net profit attributable to shareholders of listed companies in 2020 was 50.5001 million yuan – 73.2746 million yuan, a year-on-year decrease of 92.94% – 89.75%. The unit price of clopidogrel products further declined due to the lack of winning bids in the alliance area, and the revenue of Taijia decreased year-on-year. During the reporting period, the company increased the revenue and market share of innovative research and development investment in innovative products and grew rapidly, and gradually became the main growth point of the company's performance.
【Baode shares performance forecast: 2020 pre-loss of 1.5 million -3 million yuan will be implemented delisting risk warning】 Baode shares announced that it is expected to lose 1.5 million to 3 million yuan in 2020, and the operating income is expected to be 31 million yuan to 36 million yuan, and the company's stock trading will be delisted after the disclosure of the 2020 annual report.
[Garden City Gold: The company's stock trading may be delisted risk warning] Garden City Gold announced that after preliminary calculation by the company's financial department, it is expected that the company's net profit in 2020 will be -15.5 million yuan to -14.5 million yuan, and the operating income will be less than 100 million yuan. According to the relevant provisions of the Rules Governing the Listing of Stocks on the Shanghai Stock Exchange (revised in 2020), the Company's shares may be subject to delisting risk warnings after the disclosure of the 2020 Annual Report.
【LVGEM Holdings: The company's stock trading may be delisted risk warning】LVGEM Holdings announced that it is expected to lose 15.5 million to 23 million yuan in 2020, and the revenue is less than 100 million yuan, and the company's stock trading may be delisted risk warning.
[ST Changyu performance forecast: 2020 annual net profit loss of 31 million yuan may be delisted risk warning] Wuchangyu announced that it is expected that the company's net profit attributable to shareholders of listed companies in 2020 will be about -31 million yuan. The income from the main business has decreased significantly compared with the previous year, and the problems such as fewer business units and the ability to continue to operate have not been fundamentally changed. If the company's audited net profit in 2020 is negative and the operating income is less than 100 million yuan, the company's stock trading will be subject to a "delisting risk warning" after the disclosure of the 2020 annual report.
【New good performance forecast: net profit loss of 56 million yuan – 84 million yuan in 2020 may be delisted risk warning】 New good announcement, it is expected to achieve a net profit loss attributable to the owners of the parent company of 56 million yuan – 84 million yuan in 2020, compared with a profit of 22.28 million yuan in the same period last year. The company's non-recurring profit and loss in 2020 affected net profit of about -62 million yuan to -93 million yuan. Company shares may be subject to delisting risk warnings.
【Qingqing Barley Wine: Expected loss of 110 million yuan - 130 million yuan in 2020】 Qingqing Barley Wine announced that it is expected to lose 110 million yuan - 130 million yuan in 2020, a year-on-year loss. Affected by the new crown epidemic, since the beginning of the Lunar New Year, retail and catering terminals in various places have basically been closed, and the traditional visits to relatives and friends and large-scale family gatherings during the Spring Festival have basically stagnated, which has seriously affected the sales of products during the Spring Festival; inter-provincial tourism was only opened in late July, restricting the company's sales during the tourism season.
【Pulisheng Performance Forecast: 2020 Net Profit Pre-loss of 2200 Yuan – 250 Million Yuan】 Pulisheng announced that the net profit loss attributable to shareholders of listed companies in 2020 is expected to be 220 million yuan – 250 million yuan, compared with a profit of 13.4056 million yuan in the same period last year. Affected by the new crown pneumonia epidemic, the demand of major downstream customers has been delayed, and the company's business development has been affected to a certain extent; the company has made a total of about 135 million yuan of asset impairment provisions for inventory, accounts receivable and other assets based on litigation and other actual circumstances.
[Baiyun Airport Performance Forecast: 2020 annual net profit loss of 302 million yuan - 247 million yuan Profit of 1.074 billion yuan in the same period last year] Baiyun Airport announced that it is expected to achieve a net profit loss attributable to the shareholders of listed companies in 2020 of 302 million yuan - 247 million yuan, a year-on-year decline of -128.14% to -123.03%. In the same period last year, it was a profit of 1.074 billion yuan. Production and operation data fell significantly, and other non-aviation revenues such as aviation revenue, advertising revenue and leasing income fell sharply.
[NavInfo: Expected annual loss of 237 million yuan - 338 million yuan in 2020 from profit to loss] NavInfo announced that it expects a loss of 237 million yuan - 338 million yuan for the whole year of 2020, and a profit of 339 million yuan in the same period last year. Sales revenue from the company's map and compilation business decreased in 2020. The demand for automotive electronic chips grew higher than expected, but due to the impact of the global epidemic spread, the chip industry supply chain was tight, and the production capacity of automotive chips was limited, resulting in a decline in automotive electronic chip revenue compared with the same period last year.
【Rendong Holdings Performance Forecast: Net Profit Loss of 280 Million Yuan - 430 Million Yuan in 2020】 Rendong Holdings announced that the company expects the company's net profit loss attributable to shareholders of listed companies in 2020 to be 280 million yuan - 430 million yuan, and a profit of 29.9 million yuan in the same period last year. The Company intends to make a provision for impairment of goodwill of $100 million to $200 million. It is proposed to make an asset impairment provision of 160 million yuan to 240 million yuan.
【Shanghai Film: Expected to lose 380 million yuan - 456 million yuan in 2020】 Shanghai Film announced that it is expected to lose 380 million yuan - 456 million yuan in 2020, affected by the new crown pneumonia epidemic, the company's film distribution and projection business and daily operations have been significantly negatively affected, due to the relatively rigid cost of related business, so the company expects to have its first loss since listing in 2020.
[Shenhua Holdings Performance Forecast: 2020 Pre-loss of 600 million yuan - 900 million yuan Loss expansion] Shenhua Holdings announced that it expects to achieve a net profit attributable to shareholders of listed companies in 2020 between -600 million yuan and -900 million yuan, with a net loss of 253 million yuan in the same period last year. The company was affected by industrial policies and market factors, resulting in the sales of real estate projects not as expected; the company was affected by the epidemic, resulting in a decline in the sales scale of its own brands in the automobile sector compared with the same period last year, and a decline in profits; affected by economic conditions, some of the company's assets, including inventory, investment real estate, receivables, etc., showed a significant impairment.
[Huayi Brothers: Expected loss of 785 million yuan - 982 million yuan in 2020 Loss narrowed] Huayi Brothers announced that it expects a loss of 785 million yuan - 982 million yuan for the whole year of 2020, compared with a loss of 3.98 billion yuan in the same period last year.
【Huitian Thermal Power Performance Forecast: 2020 Pre-loss of 850 million -1.05 billion yuan】 Huitian Thermal Power announced that it expects a net loss attributable to shareholders of listed companies in 2020 of 850 million yuan to 1.05 billion yuan, compared with a loss of 115 million yuan in the same period last year. From October to November 2020, Shenyang Heating Group Co., Ltd., the controlling shareholder of the Company, and its parent company, Shenyang Shengjing Energy Development Group Co., Ltd. ("Shengjing Energy"), and some subsidiaries of Shengjing Energy, a total of 12 companies entered bankruptcy reorganization procedures. The restructuring puts the company at risk of not being able to fully recover receivables from Shengjing Energy and its subsidiaries and facing huge losses in equity investments.
【Dayou Energy Performance Forecast: 2020 Pre-loss of 858 million yuan - 1.272 billion yuan from profit to loss】 Dayou Energy announced that it is expected to achieve a net profit attributable to shareholders of listed companies in 2020 of 858 million yuan - a loss of 1.272 billion yuan, compared with the same period last year, will be reduced by 935 million yuan - 1.349 billion yuan.
【Hengtai Aipu: 2020 annual pre-loss of 900 million yuan - 1.28 billion yuan】 Hengtai Aipu announced that it expects a net loss attributable to shareholders of listed companies in 2020 of 900 million yuan - 1.28 billion yuan, compared with a loss of 1113.2636 million yuan in the same period last year; a net loss of 915 million yuan - 1.295 billion yuan after deducting non-recurring gains and losses.
【Tianwo Technology Performance Forecast: 988 million to 1.338 billion yuan in 2020】Tianwo Technology announced that it expects a net loss attributable to shareholders of listed companies in 2020 of 988 million yuan - 1.338 billion yuan, compared with a profit of 42.3919 million yuan in the same period last year.
【Yueda Investment: 2020 from profit to loss pre-loss of 1.273 billion yuan】 Yueda Investment issued a pre-loss announcement for 2020 annual results, and it is expected that the net profit attributable to shareholders of listed companies in 2020 will be a loss compared with 107 million yuan in the same period of the previous year, and the net profit attributable to shareholders of listed companies will be -1.273 billion yuan. Net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was -1.497 billion yuan.
【Jincai Interconnection Performance Forecast: Net Profit Loss of 1.1 Billion Yuan – 1.4 Billion Yuan in 2020】 Jincai Internet announced that it expects to achieve a net profit loss attributable to the owners of the parent company of 1.1 billion yuan – 1.4 billion yuan in 2020, compared with a loss of 679 million yuan in the same period last year. According to the preliminary valuation results, it is proposed to make a goodwill impairment provision of about 800 million to 850 million yuan for the Internet finance and taxation sector.
【Mitutoyo Intelligent Performance Forecast: Net Profit Loss of 1.1 Billion Yuan to 1.5 Billion Yuan in 2020】 Mitgene Announced that the company expects the company's net profit attributable to shareholders of listed companies in 2020 to lose 1.1 billion yuan to 1.5 billion yuan, compared with a profit of 271 million yuan in the same period last year. According to preliminary estimates, the Company will make a goodwill impairment for Xinyanlong, and the amount of goodwill impairment is expected to be between 1.2 billion and 1.6 billion yuan.
【Chunxing Seiko: Expected net profit loss of 1.2 billion yuan to 1.5 billion yuan in 2020】 Chunxing Seiko announced that it expects a net profit loss of 1.2 billion yuan to 1.5 billion yuan in 2020.
【Sanju Environmental Protection: 2020 pre-loss of 1.3 billion yuan - 1.5 billion yuan】 Sanju Environmental Protection announced that it expects a net loss attributable to shareholders of listed companies in 2020 of 1.3 billion yuan to 1.5 billion yuan, a profit of 138.7018 million yuan in the same period last year, and a net loss of 1.32 billion yuan to 1.52 billion yuan after deducting non-recurring gains and losses.
【Utrust Travel: Expected net profit loss of 1.3 billion yuan to 1.5 billion yuan in 2020】 Utrust Travel released a performance forecast and expects a net profit loss attributable to the mother of 1.3 billion yuan to 1.5 billion yuan in 2020. Affected by the new coronavirus epidemic, the outbound tourism business with a relatively high proportion of the company's revenue has not yet recovered, which has a greater adverse impact on the company's production and operation, resulting in a serious decline in the company's annual revenue scale in 2020 and a more serious loss.
【TVB Media: Expected net profit loss of 1.3 billion yuan to 1.9 billion yuan in 2020 from profit to loss】 TVB Media announced that it expects a net profit loss of 1.3 billion yuan to 1.9 billion yuan in 2020, compared with a profit of 111 million yuan in the same period last year.
【*ST Hongtu Performance Forecast: 2020 pre-loss of 1.61 billion yuan - 1.875 billion yuan Loss narrowed] * ST Hongtu announced that it is expected to achieve net profit attributable to shareholders of listed companies in 2020 compared with the same period last year, will continue to lose, the loss margin decreased sharply year-on-year, achieving a net loss attributable to shareholders of listed companies of 1.61 billion yuan - 1.875 billion yuan, a net loss of 2.735 billion yuan in the same period last year.
【Songcheng Performing Arts: 2020 from profit to loss Pre-loss of 1.6 billion yuan - 1.9 billion yuan】 Songcheng Performing Arts disclosed the 2020 annual performance forecast, it is expected that the net loss attributable to the shareholders of the listed company in 2020 will be 1.6 billion yuan to 1.9 billion yuan, compared with a profit of 1.34 billion yuan in the same period last year; the net loss after deducting non-recurring gains and losses will be 1.621 billion yuan to 1.921 billion yuan, compared with a profit of 1.222 billion yuan in the same period last year.
【Delisting Jinyu Performance Forecast: 2020 Pre-loss of 1.95 billion yuan - 2.45 billion yuan Loss expansion】 Delisting Jinyu announced that it is expected to achieve a net profit attributable to shareholders of listed companies in 2020 of about -1.95 billion to 2.45 billion yuan, compared with a net loss of 1.827 billion yuan in the same period last year.
[Yunnan City Investment Performance Forecast: Net profit loss of 2.75 billion yuan - 2.3 billion yuan in 2020 may be delisted risk warning] Yunnan City Investment announced that the company expects to achieve a net profit attributable to shareholders of listed companies in 2020 of -2.75 billion yuan to -2.3 billion yuan. It is expected that the company's net assets at the end of 2020 will be negative, and the company's stock will be at risk of being delisted.
【*ST Shin Kong: 2020 pre-loss of 2.9 billion yuan - 3.1 billion yuan】 * ST Shin Kong disclosed the 2020 annual performance forecast, and it is expected that the net loss attributable to the shareholders of the listed company in 2020 will be 2.9 billion yuan - 3.1 billion yuan, compared with a loss of 5.085 billion yuan in the same period last year; the net loss after deducting non-recurring gains and losses will be 10 million yuan - 210 million yuan, compared with a loss of 1.024 billion yuan in the same period last year.
【Cultural Investment Holdings: 2020 from profit to loss Pre-loss of 3 billion yuan - 3.5 billion yuan】 Cultural Investment Holdings released the 2020 annual performance forecast, and it is expected that the company's net profit attributable to the shareholders of the listed company in 2020 will be a loss compared with the same period of the previous year (statutory disclosure data), and the net profit attributable to the shareholders of the listed company will be -3.5 billion yuan to -3 billion yuan. It is expected that the company will achieve a net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses of -3.5 billion yuan to -3 billion yuan in 2020.
Dongxu Optoelectronics: Expected loss of 2.7 billion yuan - 4.05 billion yuan in 2020] Dongxu Optoelectronics announced that it expects a loss of 2.7 billion yuan to 4.05 billion yuan in 2020, compared with a loss of 1.523 billion yuan in the same period last year. Compared with the same period last year, although the operating income of the company's optoelectronic display materials sector declined, the gross profit margin increased slightly. However, due to the contraction of non-core industries and the corresponding reduction in revenue, the company's overall profitability is still declining.
【*ST Songjiang: 2020 annual loss expansion Pre-loss of 2.82 billion yuan - 4.19 billion yuan】 * ST Songjiang issued a performance forecast announcement, and it is expected to achieve a net profit attributable to shareholders of listed companies in 2020 of -4.19 billion yuan to -2.82 billion yuan, compared with a net loss of 912 million yuan in the same period last year. Net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was -4.202 billion yuan to -2.832 billion yuan, compared with a net loss of 919 million yuan in the same period last year. In addition, the company's shares may continue to be delisted risk warning.
【Oceanwide Holdings Performance Forecast: 2020 Net Profit Pre-Loss of 3 Billion Yuan -4 Billion Yuan from Profit to Loss】 Oceanwide Holdings announced that the net profit attributable to shareholders of listed companies lost 3 billion yuan to 4 billion yuan, compared with a profit of 1.095 billion yuan in the same period last year. Due to the impact of the overseas macroeconomic environment and the COVID-19 epidemic, some projects are expected to reduce the amount of recovery in the future, and an impairment provision has been made for US real estate projects, Indonesian power plants and related goodwill. The company's core real estate projects were greatly affected, resulting in the settlement income of the Wuhan Central Business District project not meeting expectations.
【*ST Essence Performance Forecast: Net profit loss of 6.9 billion yuan in 2020 may continue to be delisted risk warning】*ST Essence announced that the company's performance in 2020 is expected to lose 6.9 billion yuan. The loss for the same period last year was 4 billion yuan. As the 2020 annual audit report has not yet been disclosed, assuming that the company's operating income is less than 100 million yuan after deducting business income unrelated to the main business and income without commercial substance, the company's shares may continue to be delisted risk warning.
[*ST Zotye: Net profit in 2020 is expected to lose about 6 billion yuan - 9 billion yuan year-on-year loss reduction] * ST Zotye released a performance forecast, expecting a loss of about 6 billion yuan to 9 billion yuan in 2020, compared with a loss of about 11.19 billion yuan in the same period last year. The company's 2020 annual capital shortage affected, the company's subordinate automobile production bases are basically in a state of suspension of production, semi-suspension of production, the company's main products vehicle production and sales are not large, the total sales revenue is low, resulting in the company's 2020 annual operating performance losses. At the same time, the company intends to make a large amount of asset impairment provisions and bad debt provisions totaling about 3.5 billion yuan to 6.5 billion yuan.
【China Southern Airlines Performance Forecast: 7.907 billion to 10.861 billion yuan in 2020】China Southern Airlines announced that the company's net profit attributable to shareholders of listed companies is expected to be a loss of 7.907 billion to 10.861 billion yuan, but due to the impact of the epidemic, passengers' willingness to travel has been greatly reduced, and the global aviation industry has suffered a serious impact. In 2020, the company's annual capacity (available seat kilometers) and revenue passenger kilometers fell by 37.59% and 46.15% respectively year-on-year, of which the capacity investment of international routes fell by 80.63%, the revenue passenger kilometers fell by 84.88%, and the income level of seat kilometers also fell sharply, and the company's operating performance in 2020 showed a loss.
[China Heavy Industry: A total of 1.735 billion yuan of asset impairment provisions are proposed for 2020] China Heavy Industry announced that after testing, the company intends to make asset impairment provisions totaling RMB1.735 billion in 2020.
【Shanghai Pharmaceutical: Recombinant anti-CD20 humanized monoclonal antibody subcutaneous injection approved for clinical trials】Shanghai Pharmaceutical Announced that the subcutaneous injection of recombinant anti-CD20 humanized monoclonal antibody was approved for clinical trials.
【Egg Biology: Obtaining Medical Device Registration Certificate】Egg Biology announced that the company recently received the "Medical Device Registration Certificate (In Vitro Diagnostic Reagent)" issued by the Jiangsu Provincial Drug Administration, which is a ferritin detection kit (chemiluminescent immunoassay), which is used for clinical in vitro quantitative determination of the content of ferritin (FER) in human serum or plasma.
【Anhui Energy Power: Shareholding Company Lixin Power Generation Phase II Project Approved】 Anhui Energy Power Announced that China Coal Xinjixin Power Generation Co., Ltd. ("Lixin Power Generation"), a shareholding company of the Company, has recently received a reply from the Anhui Provincial Development and Reform Commission, and the Anhui Provincial Development and Reform Commission has approved the approval of the Second Phase of Lixin Power Generation Project.
【Jiuzhou Group: Heilongjiang Provincial Development and Reform Commission approved the Jiuzhou Biomass Cogeneration Project (Phase I and Phase II)】 Jiuzhou Group announced that it has received approval from the Heilongjiang Provincial Development and Reform Commission on the Jiuzhou Biomass Cogeneration Project (Phase I and Phase II) in Nehe City.
Financing & Fixed Increase
【Yisheng shares: the proposed increase in capital is not more than 1.57 billion yuan】 Yisheng shares announced that the proposed increase in capital will not exceed 1.57 billion yuan for breeding pig breeding and other projects.
【Jialitu: Proposed capital increase of not more than 1 billion yuan for Nanjing Kaide Youyun Data Center Project (Phase II and PHASE III)】 Jialitu disclosed the preliminary non-public issuance of shares in 2021, the number of non-public A-share shares issued in this non-public offering does not exceed 65.0734 million shares, not more than 30% of the total share capital before the issuance, the issuance object does not exceed 35, the total amount of funds raised does not exceed 1 billion yuan, and the net amount of funds raised after deducting the issuance fee will be used for the "Nanjing Kaide Youyun Data Center Project (Phase II and PHASE III)" project.
【Yingke Medical: Application materials for the issuance of H shares accepted by the CSRC】Yingke Medical announced that the application materials for the issuance of overseas listed foreign shares (H shares) were accepted by the CSRC.
【Zhongtai Chemical: Non-public offering approved by the CSRC】Zhongtai Chemical announced that the company received the "Reply on Approving the Non-public Issuance of Shares of Xinjiang Zhongtai Chemical Co., Ltd." issued by the China Securities Regulatory Commission, and approved the company's non-public issuance of no more than 429 million new shares, and if the total share capital changes due to the conversion of the share capital, the number of the issuance can be adjusted accordingly.
Contract & Winning Bid
【Zhongyuan Expressway: Winning bid for expressway franchise investor project】Zhongyuan Expressway announced that the company won the bid for the Zhengzhou-Luoyang Expressway concession investor project through public bidding, and the investment in this project is estimated to be about RMB 18.309 billion, with a construction period of 48 months and a charging period of 40 years.
【Saurer Intelligent: Signed a major contract for spinning equipment of about 2.5 billion yuan with Xinjiang Zhongtai Group】 Saurer Intelligent announced that the company and Xinjiang Zhongtai Group signed a contract for the sale and purchase of goods for complete sets of spinning equipment with a target of about 1 million spindles, and the sales amount of the entire contract is expected to be about 2.5 billion yuan. Among them, about 500,000 spindle spinning projects will be completed in 2021 and 2022. As of the signing date of the contract, Zhongtai Group has paid an advance payment of 180 million yuan for equipment procurement to Saurer Smart. Saurer Intelligence said: If the subsequent sales are generated in accordance with the contract, it will help to increase the company's sales revenue and will have a positive impact on the company's profits.
【Yongfu Shares: Pre-winning bid for 50MW level project EPC general contracting project of Yuanjiang Longtangou Wind Farm】Yongfu Shares announced that it pre-won the bid for the EPC general contracting project of 50MW level project of Yuanjiang Longtangou Wind Farm, with a winning bid amount of 428 million yuan.
【Tiantie Shares: Subsidiary signs contract of 341 million yuan】 Tiantie Shares announced that Zhejiang Tianbei Technology Co., Ltd., a holding subsidiary of the company, signed a contract with China Railway Twenty-fourth Bureau Group Co., Ltd., with a total contract amount of 341 million yuan.
other
[Wanhua Chemical: The MDI listing price in February remained unchanged month-on-month] Wanhua Chemical announced that since February 2021, the listing price of the aggregate MDI distribution market of Wanhua Chemical Group Co., Ltd. in China is 20,500 yuan / ton (no change compared with January), and the listing price of the direct sales market is 20,500 yuan / ton (no change compared with January); the pure MDI listing price is 24,000 yuan / ton (no change compared with January).
【China Nuclear Power: Fuqing Nuclear Power Unit 5 (Hualong No. 1) has the conditions for commercial transportation】 China Nuclear Power Announced that Fuqing Nuclear Power Unit 5 (Hualong No. 1) has the conditions for commercial transportation. Fuqing Nuclear Power Unit 5 has a rated capacity of 1.161 million kilowatts, which is the world's first unit put into commercial operation using Hualong No. 1 third-generation nuclear voltage water reactor technology, after the Fuqing Nuclear Power Unit 5 was put into operation, the number of nuclear power units in operation increased to 23, and the capacity of the holding in-flight machine assembly machine increased from 20.230 million kilowatts to 21.391 million kilowatts.
【China Hi-Tech: Controlling Shareholder Founder Group Restructuring Investors Have Been Determined】China Hi-Tech announced that on January 29, 2021, the Company received the "Notification Letter on Determining the Restructuring Investors of Peking University Founder Group Co., Ltd." from the administrator of Peking University Founder Group Co., Ltd., which stated that after several rounds of competitive selection, it was finally determined that Zhuhai Huafa Group Co., Ltd. (on behalf of Zhuhai State-owned Assets), Ping An Insurance (Group) Co., Ltd., The consortium formed by Shenzhen Tefa Group Co., Ltd. acts as the reorganization investor of Founder Group. In the next step, the manager will promote the signing of the investment agreement and the formulation of the draft reorganization plan in accordance with the law.
[Blue Shield shares: turning losses into profits in 2020 The company and its controlling shareholders have been removed from the list of dishonest executors] Blue Shield shares announced that it is expected to have a net profit of 20 million yuan to 30 million yuan in 2020, a year-on-year turnaround. The company announced on the same day that the company and Far East International Financial Leasing Co., Ltd. reached a debt settlement, the company and its subsidiaries Blue Shield Technology, Chengdu Blue Shield Network Information, Xixian New Area Blue Shield, Huawei Technology and controlling shareholders Ke Zongqing and Ke Zonggui have been removed from the list of dishonest executors, and the company's debt problem has made substantial progress.
【Zheshang Bank: Triggering the Conditions for Triggering the Launch of Measures to Stabilize Stock Prices】Zheshang Bank announced that from January 4 to January 29, the closing price of the company's A-share shares has been lower than 4.99 yuan for 20 consecutive trading days, meeting the conditions for triggering the measures to stabilize stock prices. According to the Share Price Stabilization Plan, the Company shall formulate share price stabilization measures within 10 trading days after the trigger date (January 29, 2021) and be announced by the Board of Directors. The Company will convene its Board of Directors by February 19 to formulate and announce specific measures to stabilize the stock price.
ST Primavera's tips: the company's shares may be delisted risk warning] ST Prima announced that the company expects its net profit after deducting non-recurring gains and losses in 2020 to be negative and operating income of less than RMB100 million. According to the relevant provisions of the Rules Governing the Listing of Stocks on the Shanghai Stock Exchange, the company's shares may be subject to a "delisting risk warning" after the disclosure of the 2020 annual report.
ST Shuanghuan announced that the company expects the audited net assets to be negative by the end of 2020 (see the interim announcement 2021-001 disclosed on the same day of this announcement for details); if the final audited company's net assets at the end of 2020 are negative, according to the Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange (2020 Revision) According to Article 14.3.1, after disclosing the company's 2020 annual report, the Shenzhen Stock Exchange will implement a delisting risk warning for the company's stock trading.
[Ashtrad Reply To Concern Letter: 60% Market Share Disclosure Is True] Ashtech replied to the letter of concern, the company's subsidiary No. 1 machine is a first-level agent of the head electronic atomizer brand, in the process of the brand's domestic market share increased from 48.0% in the whole of 2019 to 62.6%, the first machine as its distributor contributed 15.1% of its net revenue in the first three quarters of 2020. The disclosure of the above data is true and there are no misleading statements.
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