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

Today's Focus

1. CICC (601995.SH): Share Swap Merger Takes Effect; A-Share Trading to Resume Tomorrow

China International Capital Corporation (CICC) announced that it has published the results of the acquisition request declaration for dissenting A-share shareholders in connection with its share swap absorption merger. Upon application to the Shanghai Stock Exchange, the company's A-shares will resume trading from the opening bell on September 23, 2026.

CICC plans to issue A-shares to all A-share swap shareholders of Dongxing Securities and Cinda Securities, thereby absorbing and merging the two firms. During the declaration period for dissenting A-share shareholders, a total of 1,950 securities accounts filed declarations, covering 10.9303 million shares. After verification, 1,084 accounts were deemed valid, with a total of 7.3219 million validly declared dissenting shares.

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 base project for年产 150,000 tons 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. The construction period is 17 months, with work scheduled to begin in March 2027 and completion expected in July 2028. Upon completion, the project will form an integrated production capacity of 150,000 tons of anode materials annually, along with supporting graphitization capacity of 50,000 tons. The investment is subject to shareholder approval and must obtain environmental impact assessment and energy efficiency review approvals.

3. Biwin Storage: Plans 4.5 Billion Yuan Investment 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 Manufacturing Project. The total estimated investment for Phase III 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 production capacity of approximately 3,000 wafers. As of the disclosure date, Phase I has completed factory construction and equipment installation and commissioning. Phase II equipment is being progressively installed and commissioned, currently in the customer sampling, process validation, and small-batch trial production stages, with no formal mass production revenue yet generated. Guangdong Xincheng Hanqi has established a range of 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 Co., Ltd.: Under Investigation by CSRC for Suspected Information Disclosure Violations

Wisesoft Co., Ltd. announced that it has received a "Case Filing Notice" from the China Securities Regulatory Commission (CSRC). The CSRC 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 normal 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 significant daily operational contract and does not require approval from the board of directors or shareholders. It does not constitute a related-party transaction or major asset restructuring. If the contract is successfully performed, it is expected to have a positive impact on the company's operating results for the contract performance year.

Risk Warnings for Volatile Stocks

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 (5 trading days, 3 limit-ups): 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. Suntar 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. Jolywood: 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.

This article is republished from Tencent Self-Select Stocks. Editor: Jiang Yuanhua (Zhito Finance).