Important Matters - WISCO Development plans to acquire equity in WISCO Mining and Luzhong Mining, resulting in stock suspension [1] - Unisplendour intends to purchase equity or full ownership of Ruineng Semiconductor, leading to stock suspension [1] - Heng Rui Medicine's subsidiary received approval for clinical trials of HRS-6257 tablets, with no similar drugs approved in the domestic market [1] - Longpan Technology's subsidiary is reducing production on some lithium iron phosphate production lines for maintenance, a move echoed by several leading manufacturers in the industry [1] Investment Operations - Guoxin Technology has laid out plans for smart driving MCU chips and is developing a high-performance AI chip with 10,000 DMIPS [1] - Juneyao Airlines plans to purchase 25 Airbus A320 series aircraft for $4.1 billion [1] - Spring Airlines intends to buy 30 Airbus A320neo series aircraft, with a transaction amount not exceeding $4.128 billion [1] - Tsinghua Tongfang is making breakthroughs in the open-source HarmonyOS field for product and commercialization [1] - Guangzhou Port is investing 2.353 billion yuan in the intelligent transformation project of the Nansha Port International General Terminal [1] - International Composite Materials plans to invest 1.693 billion yuan to build a project with an annual production capacity of 36 million meters of high-frequency high-speed electronic fiber cloth [1] - State Power Investment Corporation's subsidiary is co-investing with CATL in the Dadu River Danba Hydropower Station project, with a total investment of 15.273 billion yuan [1] - Haisheng Pharmaceutical's invested company has completed the first subject enrollment in the Phase II clinical trial of the innovative drug NWRD06 injection, targeting a specific liver cancer marker [1] Contracts and Collaborations - Chinalco International signed overseas project contracts worth approximately 14 billion yuan [2] - Tianqi Lithium has completed a strategic cooperation with SQM and Codelco [2] - Roman Co., Ltd.'s subsidiary signed a 156 million yuan computing power service project contract [2] - China Duty Free Group's wholly-owned subsidiary signed a duty-free project contract at Beijing Capital International Airport [2] - Reascend Technology's high-silica fiber has begun commercial cooperation with a well-known international aerospace company for long-term product supply [2] - Macro Micro Technology signed a strategic cooperation agreement with a leading domestic transmission company, focusing on GaN power semiconductor devices [2] Capital Operations - Tianqi Co., Ltd. plans to raise no more than 977 million yuan through a private placement for the development of a robot embodiment intelligence system for the automotive industry [2] - SMIC's registered capital in SMIC Southern will increase to $10.077 billion; it plans to acquire 49% equity in SMIC Northern for 40.6 billion yuan [2] - Changan Automobile intends to raise no more than 6 billion yuan through a private placement [2] Share Buybacks - Kweichow Moutai's controlling shareholder, Moutai Group, has cumulatively increased its stake in the company by 3 billion yuan, completing the buyback plan [3] - AVIC Heavy Machinery has been supplying key forgings to several commercial rocket companies [3] - Huihan Co., Ltd. invested 68.25 million yuan to establish a private equity fund, specifically investing in a commercial aerospace company [3] - Sega Technology plans to increase its investment in optical module company Guangcai Xincheng by 275 million yuan to acquire a 20% stake [3]

12月25日，国家电投集团在北京正式发布全球首套超高温热泵储能技术——"储诺"。相较于传统储能技术，"储诺"超高 温热泵储能技术布置灵活度高，无需依赖特定地理条件，无论是平原电站还是山地产业园均可快速部署。 热泵储能，也被称作卡诺电池。其结合热泵循环与热机循环，可实现电能与热能之间的高效双向转换。该技术具有布置 灵活、储能密度高、容量成本低、储能效率高且可实现高品质冷热电联供等优势。 据介绍，除布置灵活度高，"储诺"超高温热泵储能技术循环效率无衰减，规模化电电转化效率65%以上，在不同负荷下 效率稳定。同时，储能技术参数优势明显，储热高温560℃以上，低温可达-60℃，储能密度可达每立方米80~120千瓦 时，远超常规压缩空气储能，同等空间下储能容量可提升10倍以上。该技术应用场景广泛，可实现高品质冷热电联供， 耦合新能源大基地、煤电、核电、高耗能等产业，提升绿电比例，满足运行灵活性及节能减排需求。 据了解，国家电投集团中央研究院自2018年提出气体超高温热泵储能技术体系并进行研发布局，经过多年探索，攻克了 系统构型、核心设备、系统控制等系统关键技术，建立了具备完全自主知识产权的热泵储能技术体系，成功建设了全 ...

Industry News - The Ministry of Finance and the State Administration of Taxation announced that tobacco companies will not be allowed to deduct advertising and promotional expenses from taxable income from January 1, 2026, to December 31, 2027 [3] - The People's Bank of China has introduced a plan to strengthen the management and service system for digital RMB, which will start paying interest on wallet balances at the rate of current deposits from January 1, 2026, marking a transition from "digital cash" to "digital deposit currency" [3] - The China Chain Store and Franchise Association reported that the market size of on-site food sales in supermarkets has exceeded 100 billion yuan [3] - The Asset Management Association of China reported that the total scale of public funds reached 37.02 trillion yuan by the end of November 2025, marking the eighth historical high this year [3] - The Southern Power Grid announced that the last unit of the pumped storage power station in Nanning, Guangxi, was put into operation on December 29, 2025, marking the full completion of Guangxi's first pumped storage power station [3] Company News - Ganfeng Lithium announced that it has been transferred to the procuratorate for prosecution due to suspected insider trading [5] - Kweichow Moutai announced that its controlling shareholder, Moutai Group, has completed a share buyback plan amounting to 3 billion yuan, with no increase in the market supply of Moutai 1935 in 2026 [6][6] - Longpan Technology announced that its subsidiary will reduce production for maintenance on some lithium iron phosphate production lines starting January 1, 2026 [6] - Unigroup Guowei announced plans to acquire controlling or all equity of Ruineng Semiconductor, with stock suspension [6] - ST Panda announced that it has been investigated by the China Securities Regulatory Commission for suspected violations of information disclosure [6] - Haisheng Pharmaceutical announced that its invested company has completed the first patient enrollment for the Phase II clinical trial of the innovative drug NWRD06, targeting a specific liver cancer marker [6] - Tianjian Technology expects a negative net profit for 2025 and revenue below 300 million yuan, which may lead to a delisting risk warning [6] - Tianpu Co. announced no plans to engage in artificial intelligence-related business and has not signed any framework cooperation agreements with shareholders [6] - Guodian Power announced a joint investment with CATL in the Dadu River Danba Hydropower Station project, with a total dynamic investment of 15.273 billion yuan [6] - Hongwei Technology signed a strategic cooperation agreement with a leading domestic company in the transmission field to jointly research GaN power semiconductor devices [6] - 吉祥航空 plans to purchase 25 Airbus A320 series aircraft for 4.1 billion USD, with delivery scheduled between 2028 and 2032 [6][6] - Spring Airlines plans to purchase 30 Airbus A320neo series aircraft for no more than 4.128 billion USD [6][6] - Huazhi Co. announced the termination of the acquisition of 51% of Zhongke Huilian [6] - Wenkong Energy announced a stock suspension for investigation due to significant short-term price increases [6] - Roman Co. signed a contract for a computing power service project worth approximately 156 million yuan [6] - International Composite announced plans to invest 1.693 billion yuan in a project to produce 36 million meters of high-frequency high-speed electronic fiber cloth annually [6]

Group 1 - The chairman of Guodian Power, Tang Jian, has resigned due to work relocation, and the board has appointed General Manager Zhao Shibin to act as chairman and legal representative until a new chairman is elected [2][3] - Tang Jian's resignation will not affect the normal operations of the company, and he holds no shares in the company [3] - The board approved two significant investment and equity adjustment proposals, including the Dadu River Danba Hydropower Station project and the integration of renewable energy assets in Jiangsu [2][5] Group 2 - The Dadu River Danba Hydropower Station project, located in Sichuan Province, has a total installed capacity of 1.15 million kilowatts and involves an investment of approximately 15.273 billion yuan, with a capital ratio of 30% [6] - The project is a joint investment by Guodian Power, Sichuan Tieneng Power Development Co., and CATL, with respective shareholdings of 56.11%, 33.89%, and 10% [6] - The estimated annual power generation for the Danba Hydropower Station is about 4.718 billion kilowatt-hours, with an internal rate of return on capital of approximately 5.95% [6] Group 3 - Guodian Power's subsidiary, Beijing Guodian Power Co., plans to acquire a 35% stake in Jiangsu Renewable Energy from the State Energy Group, making Jiangsu Renewable Energy a wholly-owned subsidiary [7] - The assessed value of the 35% stake is approximately 282 million yuan, with a valuation increase rate of 32.17% [7] - This acquisition is expected to streamline the operational management of Jiangsu Renewable Energy and optimize the investment structure, aligning with the company's overall development strategy [7]

Key Points - Guizhou Moutai's controlling shareholder, Moutai Group, has completed a share buyback plan, acquiring 2,071,359 shares for a total of 3 billion yuan, increasing its stake to 56.63% of the total share capital [1] - Juneyao Airlines plans to purchase 25 Airbus A320 series aircraft for a total of 4.1 billion USD, with deliveries scheduled between 2028 and 2032 [1] - ST Panda is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws [1] - Huali Co. has terminated its plan to acquire a 51% stake in Zhongke Huilian due to a lack of consensus on key transaction terms [1][2] - China Duty Free Group's subsidiary has signed a contract for a duty-free project at Beijing Capital International Airport, covering an area of 10,646.74 m², with a guaranteed operating fee of 480.27 million yuan in the first year [3] - Haisheng Pharmaceutical's invested company has initiated Phase II clinical trials for NWRD06, a novel RNA drug targeting GPC3 for liver cancer, marking a significant milestone in cancer treatment [3] - WISCO Development is planning to acquire stakes in WISCO Mining and Luzhong Mining through asset swaps and cash payments, leading to a temporary suspension of its stock [4] - Yonghui Supermarket intends to publicly sell a 28.095% stake in its subsidiary Yonghui Cloud Gold Technology [5] - Shanxi Expressway plans to acquire a 15% stake in Shanxi Transportation Industry Development Group for 74.8 million yuan [5] - China Energy Construction's subsidiary has won a 6.864 billion yuan ecological comprehensive governance project [5]

证券日报网讯 12月29日，国电电力发布公告称，国电电力八届四十一次董事会审议通过《关于投资建 设大渡河丹巴水电站项目的议案》等多项议案。 （文章来源：证券日报） ...

（文章来源：证券日报） 证券日报网讯 12月29日，国电电力发布公告称，公司2025年12月29日在京召开2025年第四次临时股东 会，审议通过《关于公司及公司控股子公司2026年度日常关联交易的议案》。 ...

证券日报网讯12月29日，国电电力（600795）发布公告称，公司董事会同意提名柴守平先生为公司第八 届董事会独立董事候选人。 ...

国电电力（600795）(600795.SH)发布公告，公司控股子公司国能大渡河流域水电开发有限公司(以下简 称"大渡河公司")与四川铁能电力开发有限公司、宁德时代（300750）新能源科技股份有限公司，按照 56.11%：33.89%：10%股比共同设立的国能大渡河(丹巴)水电开发有限公司投资建设及运营大渡河丹巴 水电站项目(以下简称"丹巴水电站")。 项目动态总投资152.73亿元，资本金比例30%，其余通过银行贷款解决。按照动态总投资及持有项目公 司股比计算，大渡河公司直接出资25.71亿元用于丹巴水电站投资、建设及运营管理。 ...

智通财经APP讯，国电电力(600795.SH)发布公告，公司控股子公司国能大渡河流域水电开发有限公司 (以下简称"大渡河公司")与四川铁能电力开发有限公司、宁德时代新能源科技股份有限公司，按照 56.11%：33.89%：10%股比共同设立的国能大渡河(丹巴)水电开发有限公司投资建设及运营大渡河丹巴 水电站项目(以下简称"丹巴水电站")。 项目动态总投资152.73亿元，资本金比例30%，其余通过银行贷款解决。按照动态总投资及持有项目公 司股比计算，大渡河公司直接出资25.71亿元用于丹巴水电站投资、建设及运营管理。 ...