Xinhua Media to Acquire 100% of Interface Cailianshe, Shares Resume Sept 21

Tianfu Communication announced that its board of directors approved a proposal allowing the company and its subsidiaries to use up to RMB 8 billion in idle own funds for cash management, specifically to purchase high-safety, highly liquid wealth management products. This authorization is valid for 12 months from the date of approval by the shareholders' meeting, with funds available for revolving use. The proposal still requires approval at an extraordinary shareholders' meeting.

Kangzhi Pharmaceutical announced that it received a Case Filing Notice from the China Securities Regulatory Commission (CSRC). Due to suspected violations of information disclosure regulations, the CSRC has decided to file a case against the company. As of the announcement date, the company's production and business operations are proceeding normally, and this matter will not have a material impact on normal operations. During the investigation period, the company will actively cooperate with the CSRC and fulfill its information disclosure obligations.

Xinhua Media announced that it plans to acquire 100% equity in Shanghai Jiemian Cailianshe Technology Co., Ltd. through the issuance of shares. This transaction is expected to constitute a major asset restructuring and a related-party transaction. The company's shares will resume trading on September 21, 2026.

*ST Jiuding announced that on September 18, 2026, it received a Case Filing Notice from the CSRC. Due to inaccurate accounting treatment of inventory and investment properties for 2023–2024, suspected violations of information disclosure regulations led the CSRC to file a case against the company. Currently, all business activities are proceeding normally, and the company will actively cooperate with the investigation during the inquiry period.

Jingcheng Shares announced that its controlled subsidiary, Qingdao Beiyang Tianqing Digital Intelligence Co., Ltd., received a Case Filing Notice from the CSRC. As Beiyang Tianqing was a target asset in a restructuring, suspected false statements, misleading representations, or material omissions in information provided during the restructuring process led the CSRC to file a case against it. Currently, the company and its subsidiaries are operating normally. The company will urge Beiyang Tianqing to cooperate with the investigation and fulfill its information disclosure obligations.

Fingerle announced that it plans to acquire 51% equity in Nanjing Kereis Automation Technology Co., Ltd. from Qin Zaocai and Yang Zhenyu via cash payment, with a provisional transaction consideration of RMB 214 million. The target company primarily engages in PCB automation equipment.

Capital Securities announced that it recently received approval from the CSRC regarding its application to publicly issue corporate bonds with a total face value not exceeding RMB 8 billion to professional investors. This approval is valid for 24 months from the date of registration consent, allowing the company to issue corporate bonds in tranches within the validity period.

Fulling Packaging announced that a fire occurred in the pulp molding workshop of its wholly-owned subsidiary, Huosheng Packaging. The fire has been extinguished, with no casualties reported. Preliminary assessments indicate the cause was improper electric welding operations by third-party personnel; specific causes are under verification. The accident damaged part of the factory buildings, equipment, and a small amount of inventory, with estimated losses of approximately RMB 3.5 million. It is expected to have a certain impact on the company's operating performance for fiscal year 2026. The pulp molding workshop is expected to be suspended for about two months; sales revenue from this product accounted for less than 1% of the company's total revenue in the first half of the year. Operations at the company and other subsidiaries remain normal.

Performance Review

Fuxiang Shares announced that net profit attributable to shareholders of the listed company for the first three quarters of 2026 is expected to range between RMB 350 million and RMB 430 million, marking a turnaround from loss to profit. The change in performance is mainly due to new energy lithium batteries.

YTO Express announced that express delivery product revenue in August totaled RMB 5.819 billion, a year-on-year increase of 7.95%; completed volume reached 2.836 billion parcels, a year-on-year increase of 12.93%; average revenue per parcel was RMB 2.05, a year-on-year decrease of 4.4%.

China Nuclear Engineering Corporation (CNECC) announced that from January to August 2026, the company signed new contracts worth RMB 52.406 billion and achieved operating revenue of RMB 55.673 billion.

Major Contract Wins

CNECC announced that its subsidiary recently signed a contract for the nuclear island installation works (Sections I and II) of Units 3 and 4 of the Guangdong Taishan Nuclear Power Plant.

Shareholding Changes

Xinshida announced that director Wang Chunxiang plans to reduce his holdings by 1 million shares, representing 0.15% of the company's total share capital, through centralized bidding or block trades within three months starting 15 trading days after the date of this announcement.

CVTE announced that specific shareholder Yunnan Shixin Enterprise Management Co., Ltd. plans to reduce its holdings by no more than 1,816,106 shares (inclusive), representing no more than 0.26% of the company's total share capital, through block trades within three months starting three trading days after the date of this announcement. Specific shareholder Yunnan Sixun Enterprise Management Co., Ltd. plans to reduce its holdings by no more than 4,154,606 shares (inclusive), representing no more than 0.59% of the company's total share capital, through block trades within the same timeframe. Reduction prices will be determined based on market conditions.

Baiyin Nonferrous Metals announced that shareholder CITIC Group, due to its own funding needs, plans to reduce its holdings by no more than 74.0477 million shares, representing no more than 1% of the company's total share capital, through centralized bidding between October 20, 2026, and January 19, 2027. As of the announcement date, CITIC Group holds 122 million shares, representing 1.64% of the total share capital. Together with its concerted action party, CITIC Guoan Industrial, it holds 2.372 billion shares, representing 32.03% of the total share capital.

Share Buybacks

Foxconn Industrial Internet announced the completion of its share buyback plan, having cumulatively repurchased 15.8334 million shares, representing 0.08% of the total share capital. The actual buyback amount was RMB 1 billion, with a price range of RMB 59.91 to RMB 66.40 per share. The repurchased shares will be used to maintain company value and shareholder rights, with plans to sell them 12 months after disclosing the buyback results.

(Source: First Financial)