Group 1 - The company has established front warehouses in multiple cities including Changsha, Nanjing, and Harbin [1] - The company is focusing on leveraging opportunities in the new retail wave driven by digital marketing and modern efficient logistics [1] - The company is actively and steadily advancing its national strategy in Lanzhou Yellow River [1]

Group 1 - The core point of the article is that *ST Lanhua (000929.SZ) has initiated a pilot layout for its "Lightly Relieve Worries" series of tea beverage products in a few cities [1] Group 2 - The company is actively engaging with investors through an interactive platform to provide updates on its product initiatives [1]

Market Overview - The non-liquor sector increased by 0.52% on December 2, with Huichuan Beer leading the gains [1] - The Shanghai Composite Index closed at 3897.71, down 0.42%, while the Shenzhen Component Index closed at 13056.7, down 0.68% [1] Individual Stock Performance - Huichuan Beer (600573) closed at 12.95, up 6.15% with a trading volume of 403,000 shares and a turnover of 527 million yuan [1] - Wujing Beer (000729) closed at 12.47, up 2.55% with a trading volume of 223,800 shares and a turnover of 278 million yuan [1] - Zhujiang Beer (002461) closed at 9.56, up 1.27% with a trading volume of 130,400 shares and a turnover of 125 million yuan [1] - ST Xifa (000752) closed at 12.59, up 1.21% with a trading volume of 57,600 shares and a turnover of 72.34 million yuan [1] - Chongqing Beer (600132) closed at 54.25, up 0.65% with a trading volume of 21,300 shares and a turnover of 115 million yuan [1] Capital Flow Analysis - The non-liquor sector saw a net inflow of 113 million yuan from institutional investors, while retail investors experienced a net outflow of 94.81 million yuan [2][3] - Huichuan Beer had a net inflow of 191.1 million yuan from institutional investors, but a net outflow of 64.7 million yuan from retail investors [3] - Wujing Beer experienced a net inflow of 24.35 million yuan from institutional investors, with a net outflow of 42.18 million yuan from retail investors [3]

Group 1 - The company has approved the investment in a juice beverage project with a budget of up to RMB 65 million, which includes purchasing land, facilities, and installing a citrus processing production line with a designed capacity of 30 tons per hour [2] - The project has completed preliminary preparations, including the purchase of the factory and installation of equipment, and is now ready for trial production [3] - The juice beverage project aligns with the company's long-term planning and strategic layout, aiming to optimize product structure and channel distribution, thereby enhancing the core competitiveness and sustainable development of its beverage business [4]

Group 1 - Jianbang Co., Ltd. plans to repurchase shares using self-owned funds between 15 million and 30 million yuan, with a maximum price of 38 yuan per share [1] - Yatong Precision Engineering's investment in a private equity fund has been terminated due to failure to complete the agreed investment, leading to the fund's dissolution [1] - China Storage Co., Ltd. intends to invest 1.129 billion yuan in the Sanjiang Port project, with its wholly-owned subsidiary contributing 500 million yuan to establish a project company [2] Group 2 - Guangxin Co., Ltd. plans to inject assets worth 4.383 billion yuan into its wholly-owned subsidiary, increasing its registered capital from 10 million to 20 million yuan [3] - Jiangxin Home plans to use up to 3 billion yuan of idle self-owned funds for cash management in low-risk financial products [4] - Huangshan Tourism intends to lease part of the Huangshan scenic area for 1.27 billion yuan over a 10-year period [5] Group 3 - Jilin Expressway's general manager has resigned due to work adjustments [6] - Guoyao Modern's subsidiary has received a drug registration certificate for hydromorphone hydrochloride injection, suitable for pain management [8] - Hangya Technology plans to invest up to 70 million USD to establish subsidiaries in Singapore and Malaysia [10] Group 4 - ST Sailong's subsidiary has received approval for the listing of two chemical raw materials [11] - Shanghai Pharmaceuticals' tramadol hydrochloride injection has passed the consistency evaluation for generic drugs [12] - Yubang Electric has obtained a laboratory accreditation certificate from CNAS, indicating its testing capabilities [14] Group 5 - ST Lifang's stock will be subject to delisting risk warning starting December 1 due to administrative penalties [15] - Zhejiang Longsheng is investing 200 million yuan in a private equity partnership focused on high-potential enterprises [15] - Huayang Co., Ltd.'s subsidiary has obtained safety production permits, allowing it to commence production [16] Group 6 - Xujie Electric has won a bid for a State Grid project worth 1.518 billion yuan [17] - Pinggao Electric and its subsidiaries have collectively won a State Grid project worth approximately 773 million yuan [17] - ST Lanhua's subsidiary has entered the trial production phase for a juice beverage project with a total investment of up to 65 million yuan [18] Group 7 - Huakong Saige has terminated its stock issuance plan due to various considerations [19] - Yatong Co., Ltd. plans to invest 36 million yuan to establish a joint venture in renewable energy [20] - Warner Pharmaceuticals has received a drug registration certificate for a new inhalation solution for COPD patients [21] Group 8 - Demais has raised the upper limit for its share repurchase price to 45 yuan per share [22] - China West Electric's subsidiaries have collectively won a State Grid procurement project worth approximately 2.98 billion yuan [22] - Changan Automobile's joint venture has submitted a listing application to the Hong Kong Stock Exchange [23] Group 9 - Yinlun Co., Ltd. plans to invest approximately 133 million yuan to acquire a controlling stake in Shenzhen Deep Blue Electronics [24] - Zhongfu Information intends to increase its wholly-owned subsidiary's capital by 380 million yuan [24] - Financial Street's major shareholder has reduced its stake by 0.25% [25] Group 10 - Audiwei has formally submitted an application for H-share listing [26] - Zhongcai Technology's private placement application has been accepted by the Shenzhen Stock Exchange [27] - Haowei Group's subsidiary plans to invest 200 million yuan in a private equity fund focused on semiconductor investments [28] Group 11 - Jinkai New Energy is planning to transfer 51% of its subsidiary's equity to introduce strategic investors [31] - Huafeng Technology has reduced its fundraising target for a private placement to no more than 972 million yuan [32] - Mindray Medical's chairman plans to increase his stake in the company by 200 million yuan [33] Group 12 - Zhongman Petroleum's shareholders plan to reduce their holdings by up to 3% [35] - Innovation New Materials' shareholder intends to reduce their stake by up to 1% [37] - Guangdong Construction has signed a framework agreement to establish a quality testing base in Linzhi Economic Development Zone [39]

Core Viewpoint - The non-baijiu sector experienced a slight decline of 0.01% on November 28, with Qingdao Beer leading the drop, while the overall market indices showed positive movements [1] Market Performance - The Shanghai Composite Index closed at 3888.6, up 0.34% - The Shenzhen Component Index closed at 12984.08, up 0.85% [1] Non-Baijiu Sector Stock Performance - Notable gainers in the non-baijiu sector included: - Mogao Co., Ltd. (600543) with a closing price of 6.29, up 2.11% - Huichuan Beer (600573) at 12.15, up 2.10% - ST Lanhua (000929) at 8.54, up 1.91% - Weilang Co., Ltd. (603779) at 7.02, up 1.15% - Jinfeng Wine Industry (600616) at 5.65, up 1.07% [1] Capital Flow Analysis - The non-baijiu sector saw a net outflow of 121 million yuan from institutional investors - Retail investors contributed a net inflow of 78.65 million yuan, while speculative funds saw a net inflow of 42.59 million yuan [1]

Core Viewpoint - *ST Lanhua (000929) announced the investment of up to 65 million yuan in a juice beverage project through its subsidiary, Chongqing Huanghe, which will enhance its production capabilities in the citrus processing sector [1] Group 1: Project Details - The juice beverage project involves the purchase of land, factory buildings, and supporting facilities, as well as the acquisition and installation of a comprehensive citrus processing production line [1] - The designed production capacity of the new processing line is 30 tons per hour [1] - As of the announcement date, the project has completed the acquisition of factory buildings and the installation and debugging of equipment, and is now ready for trial production [1]

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。 关于控股子公司果汁饮料项目试生产的公告 证券代码：000929 证券简称：*ST 兰黄 公告编号：2025（临）-81 兰州黄河企业股份有限公司 提升饮料业务的核心竞争力与可持续发展能力。 四、风险提示 项目试生产的产品质量稳定达到预定标准后，即可正式投产，但达到 设计产能尚需一定时间，市场环境变化、原材料价格波动、宏观经济环境 变动等因素可能导致产能释放存在不确定性，进而影响项目的经济效益。 敬请广大投资者谨慎决策，注意投资风险。 截至本公告披露日，重庆黄河果汁饮料项目已完成厂房购置、设备安 装与调试等前期准备工作，目前已具备试生产条件，将于近期正式进入试 生产阶段。 三、对公司的影响 果汁饮料项目符合公司的长远规划和战略布局，投产后公司可以在现 有饮料业务基础上进一步优化产品结构与渠道布局，丰富果汁类产品矩阵， 1 一、项目基本情况 兰州黄河企业股份有限公司（以下简称"公司"）于 2025 年 11 月 10 日召开董事会审议通过了《关于控股子公司投资建设果汁饮料项目的 议案》，同意公司的控股子公司黄河（重庆 ...

Core Viewpoint - The company *ST Lanhuang (000929)* has announced that its subsidiary, Huanghe (Chongqing) Beverage Co., Ltd., has completed the preliminary preparations for its juice beverage project and is ready to enter the trial production phase shortly [1] Group 1 - The subsidiary, Huanghe (Chongqing), has completed the purchase of the factory building and the installation and debugging of equipment [1] - The project is now equipped for trial production, indicating a significant step forward in the company's operational capabilities [1]

Core Viewpoint - The company *ST Lanhua (000929.SZ) announced that its subsidiary, Huanghe (Chongqing) Beverage Co., Ltd., has completed the preliminary preparations for its juice beverage project and is ready to enter the trial production phase soon [1] Group 1 - The subsidiary, Huanghe (Chongqing), has completed the purchase of factory buildings and the installation and debugging of equipment [1] - The project is now equipped for trial production, indicating a significant step forward in the company's operational capabilities [1]