New Stock Listings - Yitang Co., Ltd. (688729) listed at an issue price of 8.45 on July 8, 2025[1] - Jichuan Pharmaceutical (600566) has a tender offer period from June 18 to July 17, 2025[1] - ST Yazhen (603389) has a tender offer period from June 10 to July 9, 2025[1] Delisting and Trading Reminders - Tui Shi Jin Gang (600190) has 8 trading days remaining until the last trading day[1] - Hengli Tui (000622) has 5 trading days remaining until the last trading day[1] - Tui Shi Jiu You (600462) has 4 trading days remaining until the last trading day[1] Market Volatility - North China Long Dragon (301357) reported severe abnormal fluctuations[1] - Multiple stocks including ST Zhengping (603843) and Hunan Tianyan (600698) have reported abnormal fluctuations[3]

Performance Forecast - The company expects a net loss attributable to shareholders of between 21 million and 27 million RMB for the current reporting period, compared to a loss of 37.85 million RMB in the same period last year [1] - The expected net loss after deducting non-recurring gains and losses is projected to be between 27 million and 33 million RMB, compared to a loss of 44.76 million RMB in the previous year [1] - The basic loss per share is estimated to be between 0.0348 RMB and 0.0628 RMB, with the previous year's loss per share being 0.0628 RMB [1] Reasons for Performance Change - The primary reasons for the performance change include growth in the contribution from core businesses such as new energy engineering services, industrial and commercial energy storage, and electricity sales [1] - The net cash reserves increased compared to the same period last year, and the company improved liquidity management, resulting in reduced financial expenses [1] - The company received dividend distributions from associated enterprises, leading to an increase in investment income year-on-year [1] - The company implemented refined expense management, controlling unnecessary expenditures, which resulted in a decrease in period expenses compared to the previous year [1]

Core Viewpoint - Several listed companies in the Shanghai and Shenzhen markets have announced significant developments, including management changes, stock trading fluctuations, and major contracts, which may present investment opportunities and risks for investors [2]. Group 1: Management Changes and Legal Issues - Scanda's chairman and general manager, Li Yuejie, along with director Zhu Chuncheng, have been subjected to criminal coercive measures due to alleged violations related to information disclosure [3]. - Longhong High-Tech is planning to acquire 100% equity of Guangxi Changke, leading to a stock suspension for up to 10 trading days [6]. Group 2: Stock Trading and Performance - New Asia Electronics reported abnormal stock trading with a cumulative price deviation exceeding 20% over three days, while confirming that its operations are normal and consistent with previously disclosed share reduction plans [5]. - ST Tiexin announced the removal of risk warnings and a name change, which will increase the trading limit from 5% to 10% [8]. Group 3: Financial Performance Forecasts - Industrial Fulian expects a net profit increase of 36.84% to 39.12% year-on-year for the first half of 2025, driven by a surge in AI-related business [18]. - Huayou Cobalt anticipates a net profit increase of 55.62% to 67.59% for the same period, benefiting from integrated operations and rising cobalt prices [19]. - Guoli Co. forecasts a staggering net profit increase of 130.91% to 158.08% for the first half of 2025, attributed to new product and market expansions [20]. - Bangji Technology expects a net profit increase of 166.77% to 200.91%, driven by increased sales from direct sales channels [21]. - Lier Chemical predicts a net profit increase of 185.24% to 196% due to rising product sales and cost reduction efforts [25]. Group 4: Major Contracts and Projects - Huadian Science and Technology signed significant contracts worth approximately RMB 25.16 billion for coal handling and transportation systems [41]. - Aerospace Engineering is the first candidate for a project with a bid of RMB 23.92 billion for a coal gasification facility [43].

Group 1 - The National Development and Reform Commission and three other departments aim to have over 100,000 high-power charging facilities nationwide by the end of 2027 [1] - Changxin Storage, a domestic DRAM memory chip manufacturer, has initiated the listing guidance process with China International Capital Corporation and CITIC Securities as advisory institutions [4] Group 2 - ShenNan Electric A expects a net profit loss of between 21 million to 27 million yuan for the first half of the year [5] - Xinyada's cross-border payment business is projected to account for less than 5% of the company's total revenue in 2024 [5] - Brother Technology's controlling shareholder reduced holdings by 5.6 million shares during a period of unusual stock trading fluctuations [5] - New Asia Electronics experienced stock fluctuations during which directors and senior management reduced their holdings [5] - Industrial Fulian anticipates a year-on-year net profit increase of 36.84% to 39.12% for the first half of the year [5] Group 3 - As of the end of June, China's gold reserves stood at 73.9 million ounces (approximately 2,298.55 tons), with an increase of 70,000 ounces (approximately 2.18 tons) month-on-month, marking the eighth consecutive month of gold accumulation [3]

Group 1 - The company's A-share stock experienced an abnormal trading fluctuation, with a cumulative closing price increase of over 20% on July 4 and July 7, 2025 [1] - The company conducted a self-examination and confirmed that its production and operational status remain normal, with no significant changes in the internal and external business environment [1][2] - The company has not discovered any undisclosed significant information that could have impacted its stock trading price [1][2] Group 2 - The company has no controlling shareholder or actual controller, and the three major shareholders have not engaged in any stock trading during the abnormal fluctuation period [2] - The board of directors confirmed that there are no undisclosed matters that should be disclosed according to the Shenzhen Stock Exchange's regulations [2] - The company anticipates a net loss of between 21 million and 27 million yuan for the first half of 2025 [2]

[Current Period Performance Forecast](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E8%AE%A1%E6%83%85%E5%86%B5) The company anticipates a net loss attributable to shareholders for H1 2025, significantly narrowing from the prior year's loss of **RMB 37.8511 million**, with an estimated loss range of **RMB 21 million to RMB 27 million** Key Financial Performance Indicators | Item | Current Period (Jan 1 - Jun 30, 2025) | Prior Period | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders** | Loss: RMB 21 million - RMB 27 million | Loss: RMB 37.8511 million | | **Net Profit After Non-Recurring Items** | Loss: RMB 27 million - RMB 33 million | Loss: RMB 44.7601 million | | **Basic Earnings Per Share** | Loss: RMB 0.0348/share - RMB 0.0448/share | Loss: RMB 0.0628/share | [Communication with Accounting Firm](index=1&type=section&id=%E4%BA%8C%E3%80%81%E4%B8%8E%E4%BC%9A%E8%AE%A1%E5%B8%88%E4%BA%8B%E5%8A%A1%E6%89%80%E6%B2%9F%E9%80%9A%E6%83%85%E5%86%B5) This performance forecast represents preliminary estimates by the company's finance department and has not been audited by an accounting firm - This performance forecast is a preliminary estimate by the company and has not been audited by an accounting firm[6](index=6&type=chunk) [Explanation of Performance Changes](index=1&type=section&id=%E4%B8%89%E3%80%81%E4%B8%9A%E7%BB%A9%E5%8F%98%E5%8A%A8%E5%8E%9F%E5%9B%A0%E8%AF%B4%E6%98%8E) The narrowed loss for the period is primarily attributed to increased marginal contribution from the main business (integrated energy services), reduced financial expenses, higher investment income, and stringent cost control measures - The company's focus on integrated energy services, including gas turbine and new energy engineering, industrial and commercial energy storage, and power sales, led to a year-over-year increase in main business marginal contribution[7](index=7&type=chunk) - Increased net cash holdings from asset revitalization in the prior year and enhanced liquidity management resulted in reduced financial expenses, while dividend distributions from associate companies boosted investment income year-over-year[8](index=8&type=chunk) - Strengthened comprehensive budget control and optimized operational management led to strict control over non-essential expenditures, resulting in a year-over-year decrease in period expenses[8](index=8&type=chunk) [Risk Warning](index=2&type=section&id=%E5%9B%9B%E3%80%81%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA) The company advises investors that this performance forecast is preliminary, with final financial data subject to the 2025 semi-annual report, and designates Securities Times and Juchao Information Network as official disclosure media - This performance forecast is a preliminary estimate, and final data will be based on the 2025 semi-annual report, cautioning investors about investment risks[9](index=9&type=chunk) - The company's designated information disclosure media are Securities Times and Juchao Information Network (http://www.cninfo.com.cn)[9](index=9&type=chunk)

深圳南山热电股份有限公司 股票交易异常波动公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 一、股票交易异常波动的情况介绍 证券代码：000037、200037； 证券简称：深南电 A、深南电 B； 公告编号：2025-028 1 日，公司三家主要股东不存在关于公司的应披露而未披露的重大事 项，或处于筹划阶段的重大事项；在公司股票交易异常波动期间，上 述三家主要股东未买卖公司股票。 深圳南山热电股份有限公司（以下简称"公司"）A股股票(股票 简称：深南电A，股票代码：000037）交易价格于2025年7月4日、7 月7日连续两个交易日收盘价格涨幅偏离值累计达到20%以上，根据 《深圳证券交易所交易规则》等相关规定，属于股票交易的异常波动 情形。 二、公司关注及核实情况说明 针对公司股票交易异常波动的情形，公司依照规定开展了自查， 并致函公司主要股东香港南海洋行（国际）有限公司、深圳广聚实业 有限公司、深圳市能源集团有限公司询证，现将有关情况说明如下： （一）公司目前生产经营状况正常，内外部经营环境未发生重 大变化。 （二）截至本公告披露日，公司不存在应披露 ...

Market Overview - The Shanghai Composite Index rose by 0.02% on July 7, with 18 out of 28 sectors experiencing gains, led by the comprehensive and public utilities sectors, which increased by 2.57% and 1.87% respectively [1] - The coal and pharmaceutical sectors saw the largest declines, with decreases of 2.04% and 0.97% respectively [1] Capital Flow Analysis - The main capital outflow from the two markets totaled 14.337 billion yuan, with 10 sectors seeing net inflows [1] - The light industry manufacturing sector had the highest net inflow, amounting to 930 million yuan, while the real estate sector followed with a net inflow of 917 million yuan and a daily increase of 1.68% [1] - The electronics sector experienced the largest net outflow, totaling 4.475 billion yuan, followed by the pharmaceutical sector with a net outflow of 3.430 billion yuan [1] Public Utilities Sector Performance - The public utilities sector increased by 1.87% with a net capital inflow of 361 million yuan, where 122 out of 131 stocks in this sector rose, including 11 stocks that hit the daily limit [2] - The top three stocks with the highest net inflow in the public utilities sector were Leshan Electric Power (151 million yuan), Changjiang Electric Power (91.37 million yuan), and Huadian International (84.73 million yuan) [2] - The sector also had five stocks with significant net outflows, led by Huayin Electric Power (-347.25 million yuan), Xiexin Energy (-343.71 million yuan), and Shenzhen Nande A (-138.48 million yuan) [4] Public Utilities Sector Capital Inflow and Outflow - The top inflow stocks in the public utilities sector included: - Leshan Electric Power: +9.99%, 21.36% turnover, 150.57 million yuan inflow - Changjiang Electric Power: +0.33%, 0.21% turnover, 91.37 million yuan inflow - Huadian International: +2.14%, 1.35% turnover, 84.73 million yuan inflow [2] - The top outflow stocks included: - Huayin Electric Power: +10.02%, 11.74% turnover, -347.25 million yuan outflow - Xiexin Energy: +4.28%, 14.39% turnover, -343.71 million yuan outflow - Shenzhen Nande A: +10.00%, 28.53% turnover, -138.48 million yuan outflow [4]

Market Overview - The A-share market experienced a decline today, with all three major indices falling, particularly the ChiNext index which dropped over 1% [1] - At the close, the Shanghai Composite Index rose slightly by 0.02% to 3473 points, while the Shenzhen Component Index fell by 0.7% and the ChiNext index decreased by 1.21% [2][3] - The total trading volume for the day was 1.23 trillion yuan, a decrease of 227.4 billion yuan compared to the previous trading day, with over 3200 stocks rising [3] Sector Performance Power Sector - The power sector saw a surge, with multiple stocks hitting the daily limit, including Huayin Power and Shenzhen Nanshan Electric, among others [4] - Notable performers included Disen Co., which rose over 18%, and Nanshan Technology, which increased by over 14% [6][7] - The maximum power load in China reached 1.465 billion kilowatts last Friday, an increase of approximately 200 million kilowatts since the end of June, and nearly 150 million kilowatts higher than the same period last year [6] Cross-Border Payment Sector - The cross-border payment sector also performed well, with stocks like Zhongyi Technology and Huafeng Super Fiber hitting the daily limit [8][9] - The upcoming implementation of the stablecoin regulations in Hong Kong is expected to boost this sector [9] Real Estate Sector - Real estate stocks experienced significant gains, with companies like Yudai Development and Shahe Shares hitting the daily limit [10][11] Biopharmaceutical Sector - The biopharmaceutical sector faced a downturn, with stocks like Kexing Pharmaceutical dropping over 14% [15][16] Apple Concept Stocks - Apple-related stocks continued to decline, with East Mountain Precision and GoerTek both falling over 5% [17] Gaming Sector - The gaming sector also saw declines, with companies like Gigabit and Giant Network dropping over 3% [18] Investment Recommendations - Companies in upstream resource sectors (copper, aluminum, oil) and capital goods (engineering machinery, heavy trucks) are recommended due to rising overseas demand and domestic policy shifts [19] - Consumer sectors such as hospitality, tourism, and branded apparel are also highlighted for potential investment opportunities [19]

Market Performance - High-temperature concept stocks have collectively strengthened, with Huayin Power achieving 5 consecutive trading limits and Shaoneng Co., New Zhonggang, and ShenNandian A experiencing 2 consecutive trading limits [1] - In the home appliance sector, Disen Co. surged by 17%, while Whirlpool hit the trading limit, and other companies like Aucma and Xueqi Electric also saw significant gains [1] Events - The National Climate Center predicts that due to global warming and the El Niño phenomenon, this year's high-temperature weather will be characterized by greater intensity and longer duration, with temperatures in North China potentially exceeding 42°C and lasting over 30 days [2] - From July 4 to 10, regions such as Huanghuai, Jianghan, and Jiangnan will experience persistent high temperatures, with some areas reaching or exceeding historical records, leading to increased electricity load across the country [3] - On July 4, the national maximum electricity load reached 1.465 billion kilowatts, an increase of approximately 200 million kilowatts from the end of June and nearly 150 million kilowatts year-on-year, setting a historical high [4] - Xiaomi's Vice President revealed that since June 24, air conditioning sales in Northeast Inner Mongolia have surged, with sales peaking at 20 times last year's levels [4] Institutional Insights - The high temperatures sweeping the nation have led to record electricity loads, creating a favorable environment for investment in the sector, especially with the ongoing increase in renewable energy installations [5] - In the home appliance sector, extreme heat in Europe has driven a rapid increase in air conditioning demand, with significant export growth to Europe, indicating strong market demand [5] - The recent high temperatures are expected to accelerate demand for thermal power, potentially leading to higher coal prices, with forecasts suggesting prices may exceed 750 yuan per ton by mid-August [5]