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CICC to Resume A-Share Trading Tomorrow After Completing Share Swap Merger with Dongxing and Cinda Securities
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This article from Stockstar Trend Strategy summarizes key corporate announcements from Chinese A-share markets. The lead story is the landmark three-way merger in the securities industry: China International Capital Corporation (CICC, 601995.SH) announced that its A-shares will resume trading on September 23, 2026, after completing the share exchange absorption merger of Dongxing Securities and Cinda Securities. During the objection period, 1,084 valid accounts holding 7.3219 million shares filed objections. Separately, Shanxi Shanshui (Shanshan) plans to invest 5.106 billion yuan in a lithium-ion battery anode material base in Inner Mongolia. Biwin Storage will invest 4.5 billion yuan in a third-phase wafer-level advanced packaging project in Dongguan. Sichuan University Zhisheng (Chuanda Zhisheng) disclosed it is under investigation by the China Securities Regulatory Commission for suspected information disclosure violations. Aoni Electronics' subsidiary signed a 1.67 billion yuan contract to purchase GPU computing cards from Company A. The article also includes risk warnings for stocks with abnormal movements, share buyback and stake change plans, and major contract wins by several firms.
Source report
Today's Focus
1. CICC (601995.SH): Share Swap Merger Approved; A-Share Trading to Resume
China International Capital Corporation (CICC) announced that its share swap absorption merger with Dongxing Securities and Cinda Securities has passed the objection period for dissenting A-share shareholders. A total of 1,950 securities accounts filed objections, covering 10.9303 million shares. After verification, 1,084 accounts with valid objections were confirmed, representing 7.3219 million shares.
The company's A-shares will resume trading on the Shanghai Stock Exchange from the opening bell on September 23, 2026. The merger will be executed by issuing new A-shares to all A-share shareholders of Dongxing Securities and Cinda Securities.
2. Shanshan Co., Ltd.: Plans 5.106 Billion Yuan Investment in Lithium Battery Anode Material Project
Shanshan Co., Ltd. announced plans to invest in the construction of an integrated production base for 150,000 tonnes per year of lithium-ion battery anode materials in Inner Mongolia. The total investment is approximately 5.106 billion yuan, including fixed asset investment of about 4.318 billion yuan.
- Construction period: 17 months
- Planned start: March 2027
- Planned completion: July 2028
- Capacity: 150,000 tonnes/year of anode materials, plus 50,000 tonnes/year of graphitization capacity
The investment is subject to shareholder approval and regulatory permits including environmental and energy assessments.
3. Biwin Storage: Plans 4.5 Billion Yuan Investment in Advanced Packaging Project Phase III
Biwin Storage announced that the company and its 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 Manufacturing Project.
- Total estimated investment for Phase III: Approximately 4.5 billion yuan (including 4 billion yuan in fixed assets)
- Phases I and II: 3.09 billion yuan already invested; equipment being delivered; monthly capacity of approximately 3,000 wafers
- Phase I: Factory construction and equipment installation completed
- Phase II: Equipment installation underway; currently in customer sampling, process validation, and small-batch trial production stages; no mass production revenue yet
- Phase III: Expansion based on existing industrial land; no additional land required
The subsidiary has developed advanced packaging technologies including 2.5D, RDL, Fan-in, and Fan-out.
4. Wisesoft Co., Ltd.: Under Investigation by CSRC for Alleged Information Disclosure Violations
Wisesoft Co., Ltd. announced receipt of a "Case Filing Notice" from the China Securities Regulatory Commission (CSRC) regarding suspected violations of information disclosure regulations. The company stated that its production and business operations remain normal and that it will cooperate fully with the investigation while fulfilling its 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 Intelligence has signed a procurement contract with Company A for GPU computing cards, with a total contract value of 1.67 billion yuan (including tax).
- The contract is a routine major business contract and does not require board or shareholder approval
- It does not constitute a related-party transaction or major asset restructuring
- If successfully executed, the contract is expected to positively impact the company's financial results for the relevant performance year
Risk Warnings on Volatile Stocks
- Nanhua Bio (4 consecutive limit-up days): Cell therapy-related technologies and products are still in the R&D stage; no innovative drugs have been launched or entered clinical trials.
- MYS Group (5 trading days, 3 limit-up days): Expects net profit for the first three quarters to decline by 15%–25% year-on-year.
Share Buybacks & Stake Changes
- United Power: Chairman plans to increase shareholding by no less than 20 million yuan.
- Suntar Membrane: Concerted action parties of the actual controller plan to increase holdings by 10 million to 20 million yuan.
- Northern Heavy Industries: Tewo Shanghai plans to reduce its stake by no more than 3%.
- Honghe Technology: Shareholders have reduced their holdings by a total of 2.5%.
Major Contracts Signed
- Dafeng Industry: Won bids for multiple cultural facility projects with a total value of approximately 370 million yuan.
- Zhonglai Shares: Wholly-owned subsidiary plans to sign a procurement contract worth 86.31 million yuan.
- Feinan Resources: Won a bid for a scrap disposal project involving approximately 21,000 tonnes.
This article is republished from Tencent Self-Select Stocks. Edited by Jiang Yuanhua, Zhitong Finance.
Source
证券之星-趋势策略Eastern
Part of this Story
CICC completes three-way securities merger; A-shares to resume September 23