Group 1: Company Performance - China Life reported a net profit of 106.935 billion yuan for 2024, representing a year-on-year increase of 108.9% [3] - China Life's operating revenue for 2024 reached 528.567 billion yuan, up 30.5% compared to the previous year [3] - Aluminum Corporation of China announced a net profit of 12.4 billion yuan for 2024, reflecting an 85.38% year-on-year growth [4] - Broadcom Electric's net profit surged by 411.28% in 2024, with a proposed dividend of 0.70 yuan per 10 shares [10] - China Pacific Insurance's net profit for 2024 increased by 64.9%, with a proposed dividend of 10.8 yuan per 10 shares [10] Group 2: Corporate Actions - Naxin Micro announced plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance competitiveness and diversify financing channels [7] - Xunji Technology is planning to acquire 100% equity of Shenzhen Jiazhihong Electronics, leading to a significant asset restructuring [5] - Nasda announced the sale of its 100% stake in Lexmark International for an estimated price between 75 million and 150 million USD, significantly lower than the historical investment of 1.385 billion USD [8] - General Shares announced that its controlling shareholder is planning a change in control, leading to a temporary suspension of its stock [9] Group 3: Market Impact - The inclusion of Southwest Design, a subsidiary of Electric Science and Technology, on the U.S. Department of Commerce's Entity List may affect its operations, although the company claims no substantial impact on business [6] - The stock of General Shares will be suspended due to potential changes in control, which may affect investor sentiment [9]

证券代码：601028 证券简称：玉龙股份 公告编号：2025-025 山东玉龙黄金股份有限公司 关于本次终止上市事项的停牌公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 本次终止上市有关信息均以在上海证券交易所官网（www.sse.com.cn）及相 关指定信息披露媒体刊登的公告为准。本次终止上市事项最终能否通过相关审批 及实施尚存在不确定性，敬请广大投资者关注后续公告并注意投资风险。 特此公告。 山东玉龙黄金股份有限公司董事会 2025 年 3 月 27 日 证券停复牌情况：适用 因山东玉龙黄金股份有限公司（以下简称"公司"）拟以股东大会决议方式主 动撤回 A 股股票在上海证券交易所的上市交易，并申请股票进入全国中小企业股 份转让系统退市板块继续交易（以下简称"本次终止上市"），根据《上海证券交 易所股票上市规则》的相关规定，公司股票（证券简称：玉龙股份，证券代码： 601028）自 2025 年 3 月 27 日（星期四）开市起停牌,本公司的相关证券停复牌情 况如下： | 证券代码 | 证券简称 | ...

证券代码：601028 证券简称：玉龙股份 公告编号：2025-024 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 山东玉龙黄金股份有限公司（以下简称"公司"）于 2025 年 3 月 21 日召开 公司第六届董事会第二十六次会议，审议通过了《关于以股东大会决议方式主动 终止公司股票上市事项的议案》等与本次终止上市相关的议案，并于 2025 年 3 月 22 日披露了《山东玉龙黄金股份有限公司关于以股东大会决议方式主动终止 公司股票上市的公告》（公告编号：2025-016）。 公司本次终止上市方案设置异议股东及其他股东保护机制，公司本次终止上 市事项经股东大会审议通过后，将由控股股东济高（济南）资本投资有限公司（以 下简称"济高资本"）向包括异议股东（在股东大会上对《关于以股东大会决议 方式主动终止公司股票上市事项的议案》投反对票的股东）在内的、除济高资本 外现金选择权股权登记日登记在册的全体 A 股股东提供现金选择权（限售或存在 权利限制的股份等情形除外）。 若 2025 年 4 月 7 日召开的公司 2 ...

Group 1 - China Merchants Bank reported a net profit of 148.39 billion yuan for 2024, a year-on-year increase of 1.22%, with a proposed cash dividend of 2 yuan per share [1] - China Telecom announced a net profit of 33.01 billion yuan for 2024, reflecting an 8.4% year-on-year growth, with a proposed final dividend of 0.0927 yuan per share [2] - Double J Electric signed significant contracts worth 1.555 billion yuan, accounting for 44.35% of its audited revenue for 2023, which is expected to positively impact future performance [3] Group 2 - Yongding Co. clarified that it does not directly manufacture controllable nuclear fusion devices, and its related products will not significantly impact its financial performance [4] - Heng Rui Pharmaceutical entered a licensing agreement with Merck, potentially earning up to 1.77 billion USD in milestone payments [5] - Ruishun Technology plans to use 90 million yen (approximately 4.34 million yuan) of raised funds to acquire assets related to a high-precision parallel robot project from Panasonic [6] Group 3 - Dalian Heavy Industry expects a net profit of 160 million to 195 million yuan for Q1 2025, a year-on-year increase of 12.22% to 36.77%, driven by a projected revenue of around 3.5 billion yuan [9] - Rongsheng Development is planning to restructure its debts by consolidating assets and enhancing its operational capabilities [10] - Yunnan Copper's net profit for 2024 is projected to decline by 19.9%, with a proposed cash dividend of 2.4 yuan per share [11] Group 4 - Lianrui New Materials reported a net profit of 251 million yuan for 2024, a year-on-year increase of 44.47%, with a proposed stock dividend of 3 shares for every 10 shares held [11] - Yuan Zu Co. announced a net profit of 249 million yuan for 2024, a decrease of 9.98%, with a proposed cash dividend of 10 yuan per 10 shares [12] - Double Happiness Development reported a net profit of 4.989 billion yuan for 2024, a decrease of 1.26%, with a proposed cash dividend of 7.5 yuan per 10 shares [13] Group 5 - Morning Light Co. reported a net profit of 1.396 billion yuan for 2024, a decrease of 8.58%, with a proposed cash dividend of 10 yuan per 10 shares [14] - Ningbo Ocean's net profit for 2024 was 550 million yuan, reflecting a year-on-year growth of 9.86% [15] - Xinyue Kanglv reported a net profit of approximately 86.3 million yuan for 2024, a decrease of 42.2% [16] Group 6 - Zhongjian Technology expects a net profit of 100 million to 114 million yuan for Q1 2025, a year-on-year increase of 68.79% to 92.42% [17] - Kuaiyi Elevator reported a net profit of 132 million yuan for 2024, a decrease of 8.46%, with a proposed cash dividend of 3.6 yuan per 10 shares [18] - Rongsheng Environmental Protection reported a net profit of 286 million yuan for 2024, an increase of 5.79%, with a proposed cash dividend of 5 yuan per 10 shares [19] Group 7 - Minfeng Special Paper reported a net profit of 72 million yuan for 2024, an increase of 54.09%, with a proposed cash dividend of 0.17 yuan per 10 shares [20] - Huaiqi Environmental Protection announced that major shareholders plan to reduce their holdings by up to 1% [21] - Guoli Co. plans to repurchase shares worth 30 million to 50 million yuan [22]

证券代码：601028 证券简称：玉龙股份 公告编号：2025-023 山东玉龙黄金股份有限公司 若 2025 年 4 月 7 日召开的公司 2025 年第二次临时股东大会审议通过 《关于以股东大会决议方式主动终止公司股票上市事项的议案》，无论 玉龙股份股东于股东大会中对《关于以股东大会决议方式主动终止公 司股票上市事项的议案》投赞成票、反对票或者弃权，除济高（济南） 资本投资有限公司外的现金选择权股权登记日登记在册的全体 A 股股 东（限售或存在权利限制的股份等情形除外）均享有现金选择权。 若 2025 年 4 月 7 日召开的公司 2025 年第二次临时股东大会不能通过 《关于以股东大会决议方式主动终止公司股票上市事项的议案》，所有 玉龙股份股东将不能获得现金选择权。 市事项经股东大会审议通过后，将由控股股东济高（济南）资本投资有限公司（以 下简称"济高资本"）向包括异议股东（在股东大会上对《关于以股东大会决议 方式主动终止公司股票上市事项的议案》投反对票的股东）在内的、除济高资本 外现金选择权股权登记日登记在册的全体 A 股股东提供现金选择权（限售或存在 权利限制的股份等情形除外）。 若 2025 年 ...

证券代码：601028 证券简称：玉龙股份 公告编号：2025-022 山东玉龙黄金股份有限公司 关于本次终止上市事项暨距离公司股票停牌尚余 2 个交易日的 提示性公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 山东玉龙黄金股份有限公司（以下简称"公司"）于 2025 年 3 月 21 日召开 公司第六届董事会第二十六次会议，审议通过了《关于以股东大会决议方式主动 终止公司股票上市事项的议案》等议案，公司拟以股东大会决议方式主动撤回 A 股股票在上海证券交易所的上市交易，并申请股票进入全国中小企业股份转让系 统退市板块继续交易（以下简称"本次终止上市"），并于 2025 年 3 月 22 日披露 了《山东玉龙黄金股份有限公司关于以股东大会决议方式主动终止公司股票上市 的公告》（公告编号：2025-016）。经向上海证券交易所申请，公司股票已于 2025 年 3 月 24 日（星期一）开市起复牌。 根据《上海证券交易所股票上市规则》第 9.7.5 条，公司以股东大会决议方 式申请主动终止上市的，应当向上海证券交易所申请其股 ...

Core Viewpoint - Yulong Co., Ltd. (601028) experienced a net inflow of 222 million yuan in main funds on March 24, 2025, despite a stock price decline of 2.53% to 12.71 yuan [1] Financial Performance - For the third quarter of 2024, Yulong Co., Ltd. reported total operating revenue of 1.3 billion yuan, a year-on-year decrease of 19.87% - The net profit attributable to shareholders was 288 million yuan, down 21.03% year-on-year - The non-recurring net profit was 306 million yuan, reflecting a year-on-year decrease of 16.84% - The current ratio stood at 1.466, the quick ratio at 1.453, and the debt-to-asset ratio at 63.26% [1] Capital Flow - On March 24, 2025, the main funds saw a net inflow of 222 million yuan, accounting for 8.4% of the total transaction amount - Large orders contributed a net inflow of 106 million yuan, representing 4.0% of the transaction amount, while super large orders added 116 million yuan, or 4.4% - Medium orders experienced a net outflow of 253.68 million yuan, making up 9.6% of the transaction amount, while small orders had a net inflow of 3.18 million yuan, accounting for 1.2% [1] Company Background - Yulong Co., Ltd. was established in 1999 and is located in Jinan City, primarily engaged in loading, unloading, and warehousing services - The company has a registered capital of 7.83 billion yuan and a paid-in capital of 2.15 billion yuan - The legal representative of the company is Niu Lei [2]

在3月21日猝然发布主动退市计划的两天后，玉龙股份（601028.SH，股价12.73元，市值99.68亿元）董 事长也突然宣布辞职。 3月23日晚间，玉龙股份公告称，公司董事会近日收到公司董事长牛磊的辞职报告，因个人原因，牛磊 申请辞去公司董事长、董事及董事会专门委员会委员职务。辞去以上职务后，牛磊不再担任公司任何职 务。 玉龙股份欲主动退市，济南国资最高或掏70多亿 元"买单离场" "百万年薪"董事长第一时间辞职 每经记者 彭斐 每经编辑 杨夏 《每日经济新闻》记者注意到，牛磊曾在玉龙股份前控股股东济南高新控股集团有限公司（以下简 称"济高控股"）任职，并于2021年10月25日起担任玉龙股份董事长一职，其董事会任期原本将在2025年 10月16日结束。公司2023年财报显示，其当年在公司获取的税前薪酬为216万元。 值得注意的是，在3月21日晚，玉龙股份公告称，由于经营状况不佳、现金流持续恶化，公司经营面临 重大不确定性，为保护中小股东利益，拟主动撤回A股股票在上交所的上市交易。按照玉龙股份披露的 信息，其控股股东将向异议股东提供现金选择权，并可能最多掏出70多亿元现金"买单离场"。 董事长突然辞职，连 ...

Key Points - The article discusses significant developments in China's economic and financial landscape, including policy changes and corporate announcements that may impact investment opportunities and market dynamics. Group 1: Economic Policies and Developments - The China Development Forum 2025 will be held in Beijing from March 23 to 24, focusing on high-quality development and consumer expansion strategies [2][5]. - The People's Bank of China held a monetary policy meeting on March 18, suggesting an increase in monetary policy adjustment intensity and the potential for interest rate cuts to stabilize the capital market [5]. - A new notification from the National Financial Supervision Administration allows for an increase in personal consumption loan limits, aiming to boost consumer spending [6]. Group 2: Corporate Announcements - Yulong Co. announced a proposal to voluntarily terminate its stock listing, becoming the first A-share company to do so in 2025 [3][10]. - Meituan reported a revenue of 337.6 billion yuan for 2024, a 22% increase year-on-year, with adjusted net profit rising by 88% to 43.77 billion yuan [12]. - Lier Chemical announced plans to acquire control of Shandong Huimeng [13]. Group 3: Market Reactions and Trends - The launch of the 2025 National Home Appliance Consumption Season aims to stimulate consumer demand through various promotional activities [8]. - The stock of Yulong Co. will resume trading on March 24 after the announcement of its voluntary delisting proposal [11]. - The China Securities Regulatory Commission is intensifying efforts to build a transparent and resilient capital market, emphasizing strict enforcement against securities violations [7].

Key Points - The article emphasizes the Chinese government's commitment to implementing proactive macro policies to support economic stability and growth, including potential new policies if necessary [2] - The article highlights the importance of enhancing the business environment for various enterprises through economic reforms and addressing bottlenecks in economic circulation [2] - The article discusses the upcoming significant events in the global market, including earnings reports from major companies and important economic data releases [4] Macro - Premier Li Qiang met with U.S. senators, stating that trade wars yield no winners and emphasizing the need for cooperation to address trade imbalances [6] - Vice Premier He Lifeng welcomed multinational companies to invest in China, highlighting the resilience and potential of the Chinese economy [6] - The government plans to deepen supply-side structural reforms and regulate competition to promote high-quality development [6] Domestic Stock Market - CITIC Securities identified two critical time points for the market: the first in early April when external risks are expected to materialize, and the second mid-year when U.S. economic and policy cycles may align with China's [9] - The "Leading Enterprise" action plan in Guangzhou aims to enhance the integration of industry and capital, promoting more competitive companies to go public [9] - The report notes a significant increase in new account openings at several securities firms, indicating growing market participation [10] Financial - A surge in the number of funds focusing on free cash flow indicates a market trend towards financial health metrics, driven by demand and policy direction [14] - The head of the Industrial and Commercial Bank of China emphasized the shift from a capital-centric to a technology-centric financial service model [14] Real Estate - Suggestions were made to stabilize asset prices and improve income levels to boost consumer spending, particularly in real estate and equity markets [17] Industry - XPeng Motors' chairman discussed the future of high-level autonomous driving technology, predicting significant advancements in the coming years [19] - The Henan province announced plans for extensive 5G infrastructure development, aiming for over 270,000 5G base stations in the next three years [19] Overseas - The WTO Director-General highlighted the U.S. as a major beneficiary of global trade, countering claims of trade disadvantages [21] - The UK government plans to invest £600 million to address skill shortages in the construction sector, crucial for housing development [22] International Stock Market - SpaceX aims to achieve a weekly launch frequency for its Starship within a year, enhancing its operational capabilities [23] Commodity - The China Iron and Steel Association noted that supply-demand imbalances are a key issue in the industry, advocating for the closure of new production capacity [26] - Methanol port inventories have decreased, indicating a market shift towards destocking [26] - BHP's CEO projected a significant copper supply gap in the next decade, emphasizing the need for substantial investment in mining [26] Bonds - The government plans to issue long-term special bonds to support various initiatives, with a focus on local government debt management [28] - The AI and robotics sectors are identified as key drivers of market growth, with expectations for increased investment opportunities [28]