Core Viewpoint - On October 10, Shing光光电 announced plans for share buybacks, while 13 other listed companies disclosed share reductions by their stakeholders [1][2]. Summary by Category Share Buybacks - Shing光光电's actual controller and director, 康立新, intends to buy back between 5 million to 10 million shares of the company [2]. Share Reductions - 联发股份: The actual controller's action partner and director, 孔令国, reduced holdings by 138,100 shares [2]. - 长光华芯: Shareholder 苏州英籍 plans to reduce holdings by no more than 1.48% of the company's shares [2]. - *ST清研: Shareholder 力合创投 and its action partners plan to reduce holdings by no more than 3,189,900 shares [2]. - 波长光电: Director 王国力 plans to reduce holdings by no more than 180,400 shares [2]. - 博俊科技: The controlling shareholder and actual controller, 伍亚林, plans to reduce holdings by no more than 2.00% of the company's shares [2]. - 中国联通: The state-owned structural adjustment fund plans to reduce holdings by no more than 1.20% of shares [2]. - 五洲新春: The controlling shareholder and action partners plan to reduce holdings by no more than 2.7413% of shares [2]. - 燕东微: Shareholder 国家集成电路基金 plans to reduce holdings by no more than 1% of shares [2]. - 强瑞技术: The controlling shareholder and its action partners plan to reduce holdings by no more than 3.00% of shares [2]. - 中洲特材: The controlling shareholder and actual controller's action partner reduced holdings by 2,848,100 shares [2]. - 睿能科技: Shareholder 平潭捷润 plans to reduce holdings by no more than 2 million shares [2]. - 东航物流: Shareholder plans to reduce holdings by no more than 1% of shares [2]. - 极米科技: Shareholders 廖杨 and 钟超 plan to reduce holdings by no more than 1.98% of shares [2].

Core Viewpoint - Multiple shareholders across various companies are planning to reduce their stakes, indicating potential shifts in ownership dynamics and investor sentiment in the A-share market [1] Shareholder Reductions - Long光华芯's shareholder Suzhou Yingluo plans to reduce its stake by no more than 1.48% [1] - Suhao Fashion intends to reduce its holdings by no more than 550,000 shares of Nanjing Julong A-shares [1] - China Unicom's structural adjustment fund aims to reduce its stake by no more than 1.20% [1] - Qiangrui Technology's controlling shareholder and its concerted parties plan to reduce their holdings by no more than 3% [1] - Bojun Technology's actual controller Wu Yalin intends to reduce his stake by no more than 2% [1] - *ST Qingyan's shareholder Lihe Venture Capital and its concerted parties plan to reduce their holdings by no more than 2.95% [1] - Wuzhou Xinchun's shareholder Wuzhou Holdings intends to reduce its stake by no more than 2.73% [1] - Donghang Logistics' shareholder Tianjin Ruiyuan plans to reduce its holdings by no more than 15,875,600 shares [1] - Banmi Technology's shareholder Zhong Chao intends to reduce his stake by no more than 840,000 shares [1] - Hengtong Co., Ltd. shareholder Liu Zhendong has completed a reduction of 3% of his holdings [1] - Xinquan Co., Ltd.'s actual controller Tang Zhihua has reduced his stake by 0.99% [1] Other Notable Events - Boche Co., Ltd. has terminated its acquisition of a 55% stake in Canxi, with resumption of trading set for October 13 [1] - *ST Yuancheng is facing a cumulative delisting risk warning [1]

Core Viewpoint - On October 10, several companies disclosed their shareholding changes, with New Light Optoelectronics announcing a planned increase in shareholding, while 13 other companies reported share reductions by their shareholders [1][2]. Group 1: Shareholding Increases - New Light Optoelectronics' actual controller and director, Kang Lixin, plans to increase his shareholding by 5 million to 10 million shares [2]. Group 2: Shareholding Reductions - Lianfa Co., Ltd.: A shareholder reduced 138,100 shares [2]. - Changguang Huaxin: Shareholder Suzhou Yingwei plans to reduce up to 1.48% of the company's shares [2]. - *ST Qingyan: Shareholder Lihua Venture Capital and its concerted actors plan to reduce up to 3,189,900 shares [2]. - Boliang Optoelectronics: Director Wang Guoli plans to reduce up to 180,400 shares [2]. - Bojun Technology: The controlling shareholder, Wu Yalin, plans to reduce up to 2.00% of the company's shares [2]. - China Unicom: The state-owned structural adjustment fund plans to reduce up to 1.20% of its shares [2]. - Wuzhou Xinchun: The controlling shareholder and concerted actors plan to reduce a total of up to 2.7413% of the company's shares [2]. - Thin Arrow Micro: Shareholder National Integrated Circuit Fund plans to reduce up to 1% of the company's shares [2]. - Qiangrui Technology: The controlling shareholder and its concerted actors plan to reduce up to 3.00% of the company's shares [2]. - Zhongzhou Special Materials: The controlling shareholder and its concerted actors reduced 2,848,100 shares [2]. - Ruineng Technology: Shareholder Pingtan Jierun plans to reduce up to 2 million shares [2]. - Eastern Airlines Logistics: Shareholder plans to reduce up to 1% of the company's shares [2]. - XGIMI Technology: Shareholders Liao Yang and Zhong Chao plan to reduce up to 1.98% of the company's shares [2].

Mergers and Acquisitions - Guilin Tourism plans to publicly transfer 100% equity and debt of its wholly-owned subsidiary, Guilin Zijiang Danxia Tourism Co., Ltd. The transaction has received approval from the Guilin State-owned Assets Supervision and Administration Commission, and the counterparty has not yet been determined. This transaction is not expected to constitute a major asset restructuring [1] Shareholding Changes - China Unicom's shareholder, the State-owned Enterprise Structural Adjustment Fund, intends to reduce its stake by up to 1.20%, which equates to a maximum of 375 million shares. This reduction aims to optimize the structure of state-owned capital and meet its own development needs [2] - Zhongzhou Special Materials announced that its controlling shareholder's concerted actor, Shanghai DunJia Investment Management Co., Ltd., reduced its stake by 2.8481 million shares during a period of abnormal stock trading. This reduction aligns with previously disclosed plans and is not considered illegal [3] - Strong Rui Technology's controlling shareholder, Strong Rui Technology, and its concerted actor, Strong Rui Investment, plan to reduce their stake by up to 3%, totaling a maximum of 3.1028 million shares within three months after the announcement [4] Earnings Forecast - Lianhua Holdings expects its net profit attributable to shareholders for the first three quarters of 2025 to be between 250 million and 280 million yuan, representing a year-on-year increase of 51.39% to 69.55% [5] - Chongqing Pharmaceutical Holdings anticipates its net profit attributable to shareholders for the first three quarters of 2025 to be between 358 million and 400 million yuan, reflecting a year-on-year growth of 22.51% to 36.88% [6] - Daotong Technology forecasts its net profit attributable to shareholders for the first three quarters of 2025 to be between 710 million and 738 million yuan, indicating a year-on-year increase of 31.17% to 36.34% [7] Risk Matters - *ST Yuancheng has received a notice from the China Securities Regulatory Commission regarding potential major illegal forced delisting due to false records in annual reports from 2020 to 2022, which may lead to significant legal consequences [8] - KJY has received an administrative penalty decision, including a warning and a fine of 1.5 million yuan, for failing to timely disclose guarantees provided by its wholly-owned subsidiary [10] - New Dazhou A has received overdue debt collection notices from Great Wall Asset Management, which may lead to a decline in the company's financing capabilities and exacerbate its financial strain [11]

中国联通(600050.SH)发布公告，中国国有企业结构调整基金股份有限公司(简称"结构调整基金")计划在 自公告披露之日起十五个交易日后的三个月内，以集中竞价交易、大宗交易方式减持公司股份不超过 3.75亿股(占公司总股本比例1.20%)。 ...

智通财经APP讯，中国联通(600050.SH)发布公告，中国国有企业结构调整基金股份有限公司(简称"结构 调整基金")计划在自公告披露之日起十五个交易日后的三个月内，以集中竞价交易、大宗交易方式减持 公司股份不超过3.75亿股(占公司总股本比例1.20%)。 ...

Group 1 - China Unicom announced that the State-owned Enterprise Structural Adjustment Fund acquired approximately 1.9 billion shares from its controlling shareholder in November 2017, which represents 6.08% of the company's total share capital [1] - The Structural Adjustment Fund plans to reduce its holdings by up to approximately 375 million shares, accounting for 1.2% of the total share capital, within three months after the announcement [1] - The reduction will be subject to adjustments based on any changes in the company's share capital during the reduction period, adhering to regulatory limits on share reductions [1] Group 2 - As of the latest report, China Unicom's market capitalization stands at 172.9 billion yuan [2]

格隆汇10月10日丨中国联通(600050.SH)公布，结构调整基金计划在自本公告披露之日起十五个交易日 后的三个月内，以集中竞价交易、大宗交易方式减持本公司股份不超过3.75亿股（占本公司总股本比例 1.20%）。在减持计划期间内，若公司发生股份变动事项，则前述减持数量亦进行相应调整，以不超过 公司总股本的1.20%为限。根据证券监管规则，上市公司大股东减持或者特定股东减持，采取集中竞价 交易方式的，在任意连续90日内，减持股份的总数不得超过上市公司股份总数的1%；上市公司大股东 减持或者特定股东减持，采取大宗交易方式的，在任意连续90日内，减持股份的总数不得超过上市公司 股份总数的2%。 ...

证券代码：600050 证券简称：中国联通 公告编号：2025-047 大股东持股的基本情况: 2017 年 11 月，中国国有企业结构调整基金股份有限公司（以下简称"结 构调整基金"）通过协议转让方式受让中国联合网络通信股份有限公司（以下 简称"公司"、"本公司"或"中国联通"）控股股东中国联合网络通信集团 有限公司（以下简称"联通集团"）所持公司股份 1,899,764,201 股。截至本 公告披露日，自上述受让以来的近八年时间，结构调整基金未对所持本公司股 份作任何减持；上述股份，占本公司总股本比例 6.08%。 结构调整基金作为公司重要战略股东，与中国联通在公司治理、业务发展、 子企业改革等领域深化合作，取得丰硕成果。本次减持计划是结构调整基金正 常的股权安排，旨在促进国有资本结构优化并满足自身发展需求。结构调整基 金继续坚定看好中国联通的发展前景，并将持续深化与中国联通在多领域的战 略合作。中国联通也将进一步发挥多元化董事会融合开放治理优势，推动与战 略投资者的融合融通发展，助力高质量发展迈出更大步伐。 减持计划的主要内容： 结构调整基金计划在自本公告披露之日起十五个交易日后的三个月内，以 1 中国 ...

Core Viewpoint - China Unicom (600050) announced that its shareholder, China State-Owned Enterprise Structural Adjustment Fund, which holds 6.08% of the shares, plans to reduce its holdings by up to 375 million shares, accounting for 1.20% of the company's total share capital, within three months after the announcement [1] Summary by Relevant Sections - Shareholder Action - The Structural Adjustment Fund intends to reduce its stake in China Unicom through centralized bidding and block trading methods [1] - The reduction will occur within three months following the announcement, starting fifteen trading days after the disclosure [1]