Group 1 - Jia Mei Packaging announced that its stock will resume trading on January 12, 2026, after a price increase of 230.48% from December 17, 2025, to January 6, 2026 [2][16] - Guosheng Technology also stated that its stock will resume trading on January 12, 2026, with a cumulative price increase of 370.20% from October 31, 2025, to January 6, 2026 [2][17] - Tianpu Co. announced its stock will resume trading on January 12, 2026, after a significant price increase of 718.39% from August 22, 2025, to December 30, 2025 [2][18] Group 2 - The Ministry of Commerce held a national business work conference on January 10-11, 2026, focusing on optimizing the consumption upgrade policy for 2026 [4] - The conference emphasized eight key areas of work, including boosting consumption, enhancing the modern market system, and promoting trade innovation [4] - The conference aims to align actions with the central government's economic strategies and enhance international trade cooperation [4] Group 3 - The U.S. Supreme Court announced on January 9, 2026, that it would not make a ruling on the tariff case initiated by the Trump administration [5] - The tariffs were implemented without congressional approval under the International Emergency Economic Powers Act [5] Group 4 - The U.S. Labor Department reported a non-farm employment increase of 50,000 in December 2025, below the expected 73,000, while the unemployment rate fell to 4.4% [6] - The report suggests that the Federal Reserve is likely to maintain interest rates unchanged in January [6] Group 5 - The China Securities Regulatory Commission (CSRC) and the Ministry of Finance announced new regulations increasing the whistleblower reward for securities and futures violations to a maximum of 1 million yuan [8] - The reward structure has been significantly enhanced, with the maximum for major violations raised from 100,000 yuan to 500,000 yuan [8] Group 6 - The State-owned Assets Supervision and Administration Commission (SASAC) reported that central enterprises achieved over 11 trillion yuan in revenue in strategic emerging industries by November 2025 [11] - The SASAC also noted that 116 strategic reorganizations involving 229 first-level enterprises have been initiated [11] Group 7 - Shanghai's government released a three-year action plan (2026-2028) to support the transformation and upgrading of advanced manufacturing [13] - The plan includes initiatives for low-altitude economy, commercial aerospace, and humanoid robots, aiming to overcome development bottlenecks in these sectors [13] Group 8 - The Baotou Rare Earth Products Exchange launched a rare earth price index to provide timely and accurate price references for the industry [14] - The index is based on trading data and aims to reflect the overall price trends of rare earth products [14] Group 9 - The Ministry of Finance and the State Taxation Administration announced the cancellation of VAT export rebates for photovoltaic products starting April 1, 2026 [15] - The VAT export rebate rate for battery products will be reduced from 9% to 6% during 2026, with a complete cancellation planned for 2027 [15]

Group 1: Tianpu Co., Ltd. (天普股份) - Tianpu Co., Ltd. has been under investigation by the China Securities Regulatory Commission (CSRC) due to abnormal stock price fluctuations and significant omissions in announcements [2][3] - The company's stock price surged 16 times last year, reaching a closing price of 218.02 yuan and a market capitalization of nearly 30 billion yuan [3][4] - Tianpu stated that its subsidiary does not engage in artificial intelligence and has no plans to develop related technologies or personnel [3] Group 2: Guosheng Technology (国晟科技) - Guosheng Technology announced that its stock will resume trading on January 12 after completing an investigation into abnormal trading fluctuations [5] - The company expects a net loss for the fiscal year 2025, with a reported loss of 151.05 million yuan in the first three quarters [5][6] - Guosheng is pursuing external investments, including a 230 million yuan capital increase for a solid-state battery project, but faces uncertainties regarding funding and project implementation [6][7] Group 3: Jiamei Packaging (嘉美包装) - Jiamei Packaging's stock will also resume trading on January 12 after an investigation into trading volatility [9] - The company has undergone a change in control, with a new major shareholder, Zhuyue Hongzhi Technology, acquiring control without plans to alter the main business or assets in the next 12 months [9] - The stock price increased by 230.48% from December 17, 2025, to January 6, 2026, significantly diverging from the company's fundamentals [9]

Macro Economy - The State Council has deployed a package policy for fiscal and financial coordination to promote domestic demand, emphasizing the importance of effective demand expansion and innovative macro-control measures [2] - The National Business Work Conference highlighted the need to accelerate the cultivation of new growth points in service consumption and optimize the implementation of the old-for-new consumption policy [3] - The Ministry of Finance and the State Taxation Administration announced the cancellation of VAT export tax rebates for photovoltaic products starting April 1, 2026, and a reduction in the VAT export tax rebate rate for battery products from 9% to 6% until the end of 2026 [4] Capital Market - The China Securities Regulatory Commission has significantly increased the rewards for whistleblowers reporting violations in the securities and futures markets, with the maximum reward rising to 1 million yuan for major cases [10] - The Shanghai Stock Exchange issued over 130 disciplinary penalties for information disclosure violations in 2025, with a focus on financial fraud and serious violations leading to delisting [11] Industry Dynamics - The first successful flight of the "Tianma-1000" unmanned transport aircraft was reported, which is designed for logistics transport and emergency rescue, showcasing its capabilities in complex terrains [16] - New Jian Transmission, a first-tier supplier for humanoid robots, has initiated its IPO process, indicating strong industry interest due to its connection with Tesla's Optimus supply chain [17] - The domestic first 3D-printed aviation engine has completed its flight test, marking a significant milestone in China's aerospace technology [30] Company News - Tianpu Co., Ltd. is under formal investigation for significant disclosure omissions, raising concerns about its market conduct [33] - Guizhou's Green Land Holdings has projected a net loss of 16 billion to 19 billion yuan for 2025, attributed to declining asset prices and increased promotional efforts [36] - The stock of Guozheng Technology is set to resume trading after a suspension due to abnormal price fluctuations, with an expected net loss for the fiscal year [39]

国晟科技（603778）于1月9日晚间披露股票交易停牌核查结果，提示多项风险，并预告2025年年度经营业绩将出现亏损。公司股票将于2026年1月12日开 市起复牌。 公告称，经核查，公司未发现应披露未披露的重大信息。不过公司在复牌公告中提示了多项风险。 国晟科技表示，公司当前的估值水平已显著高于行业平均。根据中证指数有限公司数据，公司所属的电气机械和器材制造业最新市净率为3.27，而国晟科 技的市净率高达19.23，高于行业平均水平。公司提示，股价累计涨幅偏离基本面，存在市场情绪过热、非理性炒作风险，存在股价短期快速回落风险。 | 证券代码 证券简称 停复牌类型 停牌起始日 停牌奖止日 复牌日 | | | | --- | --- | --- | | 603778 2026/1/9 | 国晟科技 A 股 复牌 | 2026/1/12 | 国晟科技最近4个月，股价从底部3元多一路高歌猛进，涨到最新21.3元，主要是市场热炒其跨界固态电池概念，以及它发布了收购孚悦科技等利好消息。 公告显示，自2025年10月31日至2026年1月6日，国晟科技股票先后5次触及股价异常波动、1次触及严重异常波动，其间累计涨幅高达37 ...

国晟科技（603778）于1月9日晚间披露股票交易停牌核查结果，提示多项风险，并预告2025年年度经营业绩将出现亏损。公司股票将于2026年1月12日开 市起复牌。 公告显示，自2025年10月31日至2026年1月6日，国晟科技股票先后5次触及股价异常波动、1次触及严重异常波动，其间累计涨幅高达370.20%。由于股价 短期内大幅上涨，为维护投资者利益，公司股票自1月7日起停牌核查。 公告称，经核查，公司未发现应披露未披露的重大信息。不过公司在复牌公告中提示了多项风险。 国晟科技表示，公司当前的估值水平已显著高于行业平均。根据中证指数有限公司数据，公司所属的电气机械和器材制造业最新市净率为3.27，而国晟科 技的市净率高达19.23，高于行业平均水平。公司提示，股价累计涨幅偏离基本面，存在市场情绪过热、非理性炒作风险，存在股价短期快速回落风险。 与火热股价形成鲜明对比的是公司低迷的业绩。根据2025年第三季度报告，公司前三季度归属于上市公司股东的净利润为-1.51亿元。国晟科技1月9日晚 还发布预亏公告，公司初步测算，预计2025年度归属于上市公司股东的净利润仍为负值。 公司正在推进的重大事项，也面临多重风 ...

Core Viewpoint - Guosheng Technology has experienced a significant stock price surge, with a cumulative increase of 370.20% from October 31, 2025, to January 6, 2026, reaching a historical high of 21.3 yuan per share, prompting the company to apply for a trading suspension for verification [2][4]. Group 1: Stock Performance and Trading Suspension - The stock price of Guosheng Technology has seen five instances of abnormal fluctuations and one instance of severe abnormal fluctuations during the specified period [2]. - The company has applied for a trading suspension starting January 7, 2026, with an expected duration of no more than three trading days [2][4]. Group 2: Investment Activities - The recent stock surge is driven by news of cross-industry investments in the lithium battery sector, including a 230 million yuan capital increase for a solid-state battery manufacturing project [3]. - Guosheng Technology announced a plan to acquire 100% of Tongling Fuyue Technology for 240 million yuan, which specializes in high-precision lithium battery components [3]. Group 3: Financial Performance and Risks - Guosheng Technology has been experiencing continuous losses since 2020, with a revenue of 450 million yuan in the first three quarters of 2025, a year-on-year decline of 57.79%, and a net loss of 151 million yuan [5]. - The company expects to report a net loss for the entire year of 2025, indicating ongoing financial challenges [4][5]. - The current price-to-book ratio of 19.23 is significantly higher than the industry average of 3.27, suggesting potential stock price overvaluation [3]. Group 4: Shareholding and Pledge Situation - The controlling shareholder, Guosheng Energy Co., Ltd., has a high share pledge ratio, with 86.5 million shares pledged, accounting for 79.87% of its holdings and 13.17% of the company's total share capital [5].

Core Viewpoint - Guosheng Technology has experienced significant stock price fluctuations, with a cumulative increase of 370.20% from October 31, 2025, to January 6, 2026, leading to concerns about market overheating and potential risks of a rapid price drop [1][6]. Group 1: Stock Performance and Market Conditions - The company’s stock has triggered five instances of abnormal fluctuations and one instance of severe abnormal fluctuations during the specified period [1][6]. - The company's price-to-book ratio (P/B) is 19.23, significantly higher than the industry average of 3.27, indicating potential overvaluation [1][6]. Group 2: Business Operations - Guosheng Technology's main business remains stable, focusing on the research, production, and sales of high-efficiency heterojunction (HJT) solar cells and related components [2][7]. - The company is also involved in landscaping engineering and design, with no significant changes in market conditions or internal operations reported [2][7]. Group 3: Recent Investments and Acquisitions - The company plans to invest 230 million yuan in a solid-state battery manufacturing project through its subsidiary, which may pose liquidity risks due to pending loan approvals [2][7]. - Guosheng Technology announced the acquisition of 100% equity in Tongling Fuyue Technology Co., Ltd. for 24.06 million yuan, with the acquisition loan still under approval, presenting uncertainties in integration and performance commitments [3][8]. Group 4: Financial Performance - For the first three quarters of 2025, the company reported a net loss attributable to shareholders of 151.05 million yuan, with expectations of a negative net profit for the entire year [3][8]. - The controlling shareholder has pledged 86.5 million shares, representing 79.87% of their holdings and 13.17% of the total share capital, indicating potential financial strain [3][8].

格隆汇1月9日丨国晟科技（维权）(603778.SH)公布，近期，公司就股票交易异常波动及严重异常波动 的相关事项进行了核查。鉴于相关核查工作已完成，经公司向上海证券交易所申请，公司股票将于2026 年1月12日（星期一）开市起复牌。 ...

格隆汇1月9日丨国晟科技（维权）(603778.SH)公布，经国晟世安科技股份有限公司财务部门初步测 算，预计2025年度归属于上市公司股东的净利润为负值，公司2025年年度经营业绩将出现亏损。公司将 严格遵循《上海证券交易所股票上市规则》等相关规定，加快推进财务核算工作，尽快披露2025年年度 业绩预告。最终财务数据以公司正式披露的2025年年度报告为准。 ...

国晟科技表示，经自查，公司主营业务未发生变化，且处于亏损状态，公司预计2025年度归属净利润为 负值，公司2025年年度经营业绩将出现亏损。此外，公司对外投资的推进实施存在不确定性。收购股权 尚无实质性进展。公司存在控股股东股份质押比例较高的风险。 北京商报讯1月9日晚间，国晟科技（603778）披露公告称，近期，公司就股票交易异常波动及严重异常 波动的相关事项进行了核查。鉴于相关核查工作已完成，公司股票将于1月12日起复牌。 公告显示，2025年10月31日至2026年1月6日期间，公司股票5次触及股价异常波动、1次触及严重异常波 动情形，期间累计涨幅高达370.2%。 （文章来源：北京商报） ...