CICC to Resume A-Share Trading After Announcing Share Swap Merger with Dongxing and Cinda Securities

1. CICC: Valid Objection Shares Total 7.3219 Million in Share Swap Merger; A-Share Trading Resumes Tomorrow

CICC announced that it has published the results of the objection shareholder buyout request for its A-share merger via share swap. Following an application to the Shanghai Stock Exchange, the company's A-shares will resume trading on September 23, 2026.

The company plans to issue A-shares to all A-share exchange shareholders of Dongxing Securities and Cinda Securities as part of the share swap merger. During the application period for the buyout of A-share dissenting shareholders, a total of 1,950 securities accounts submitted applications, covering 10.9303 million shares. After verification, 1,084 accounts were deemed valid, with a total of 7.3219 million valid objection shares.

2. Shanshan Shares: Plans to Invest 5.106 Billion Yuan in Lithium Battery Anode Material Project

Shanshan Shares announced plans to invest in the construction of an integrated production base for 150,000 tons of lithium-ion battery anode materials annually in Inner Mongolia. The total investment is approximately 5.106 billion yuan, including fixed assets of about 4.318 billion yuan.

The construction period is 17 months, with work scheduled to begin in March 2027 and completion expected in July 2028. Once operational, the project will produce 150,000 tons of anode materials annually, along with 50,000 tons of graphitization capacity. The investment is subject to shareholder approval and must obtain environmental and energy assessments.

3. Biwin Storage: Plans to Invest 4.5 Billion Yuan in Phase III of Wafer-Level Advanced Packaging Project

Biwin Storage announced that the company and its controlling subsidiary, Guangdong Xincheng Hanqi, plan to sign a cooperation agreement with the Dongguan Songshan Lake High-Tech Industrial Development Zone Management Committee for Phase III of the wafer-level advanced packaging and testing project. The total estimated investment is approximately 4.5 billion yuan, including 4 billion yuan in fixed assets.

Phases I and II of the project, with a planned investment of 3.09 billion yuan, have been completed, and equipment is being delivered gradually, corresponding to a monthly capacity of approximately 3,000 wafers. As of the announcement date, Phase I has completed factory construction and equipment installation. Phase II equipment is being installed and commissioned, currently in the customer sampling, process verification, and small-batch trial production stages, with no mass production revenue yet generated.

Guangdong Xincheng Hanqi has established capabilities in multiple advanced packaging technologies, including 2.5D, RDL, Fan-in, and Fan-out. Phase III represents an expansion of the original project within the existing industrial land, requiring no additional land acquisition.

4. Wisesoft: Under Investigation by CSRC for Suspected Information Disclosure Violations

Wisesoft announced that it has received a "Case Filing Notice" from the China Securities Regulatory Commission (CSRC), which has decided to open an investigation into the company for suspected violations of information disclosure regulations.

The company stated that its production and business operations are currently running normally and that it will actively cooperate with the investigation while fulfilling its information disclosure obligations.

5. Aoni Electronic: Subsidiary Signs 1.67 Billion Yuan GPU Computing Card Procurement Contract

Aoni Electronic announced that its wholly-owned subsidiary, Aoni Intelligent, has signed a procurement contract with Company A to purchase GPU computing card products. The total contract value is 1.67 billion yuan (including tax).

This contract is a major contract in the ordinary course of business and does not require board or shareholder approval. It does not constitute a related-party transaction or major asset restructuring. If the contract is successfully executed, it is expected to have a positive impact on the company's operating results for the contract performance year.

Risk Alerts for Stocks with Abnormal Movements

1. Nanhua Bio (4 consecutive limit-ups): Cell therapy-related technologies and products are still in the R&D stage. No innovative drugs have been launched or entered clinical trials.
2. Meiying Precision (up 3 times in 5 days): Expected net profit for the first three quarters to decline by 15%–25% year-on-year.

Share Buybacks & Stake Changes

1. United Power: Chairman plans to increase shareholding by no less than 20 million yuan.
2. Sanda Membrane: Concerted action party of the actual controller plans to increase holdings by 10 million to 20 million yuan.
3. Northern Shares: Tewo Shanghai plans to reduce its stake by no more than 3%.
4. Honghe Technology: Shareholders have reduced their holdings by a total of 2.5%.

Major Contracts Signed

1. Dafeng Industry: Won bids for multiple cultural facility projects with a total value of approximately 370 million yuan.
2. Zhonglai Shares: Wholly-owned subsidiary plans to sign a procurement contract worth 86.31 million yuan.
3. Feinan Resources: Won a bid for a报废品 disposal project involving approximately 21,000 tons.