Group 1 - Company Sanwei Communication announced a partnership to establish a private equity fund with a total investment of 114 million yuan, with the company contributing 25 million yuan, focusing on high-tech industries such as smart manufacturing and new energy [1] - Zijin Mining plans to acquire 100% of Allied Gold Corporation for approximately 280 billion yuan, with core assets including gold mines in Mali and Ivory Coast, and an expected increase in gold production to 25 tons by 2029 [2] - Haike New Source signed a long-term cooperation agreement with BYD Lithium Battery to supply at least 100,000 tons of solvents annually for three years [3] Group 2 - China Aluminum International reported a new contract total of 468.36 billion yuan for 2025, a year-on-year increase of 51.94%, with significant growth in industrial and overseas contracts [4] - Jianxin Co. expects a net loss of 20 to 29 million yuan for 2025, compared to a profit of 19.37 million yuan in the previous year [5] - ST Dongjing anticipates a loss of 40 to 60 million yuan for 2025, an improvement from a loss of 73.45 million yuan in the previous year [6] Group 3 - Zhejiang Haideman plans to raise up to 1.517 billion yuan through a private placement for high-end machine tool projects [7] - Anlu Technology intends to raise up to 1.262 billion yuan for FPGA chip development projects [8][9] - AVIC Chengfei expects a net profit increase of 5.47% to 11.67% for 2025, projecting profits between 3.4 billion and 3.6 billion yuan [10] Group 4 - Hengtong Technology forecasts a net profit increase of 82.95% to 110.05% for 2025, with expected profits between 270 million and 310 million yuan [11] - Qingmu Technology anticipates a net profit increase of 30% to 50% for 2025, projecting profits between 118 million and 136 million yuan [13] - Zhongke Microelectronics expects a loss of 18 to 25 million yuan for 2025, marking a shift from profit to loss [14] Group 5 - Huashan Electric predicts a loss of 42 to 49.2 million yuan for 2025, compared to a loss of 26.77 million yuan in the previous year [15] - Qitian Technology expects a loss of 60 to 95 million yuan for 2025, an improvement from a loss of 214 million yuan in the previous year [16] - Sanyuan Gene announced a plan to reduce its shareholding by up to 2% [17] Group 6 - Zhongxing Junye forecasts a net profit increase of 134.32% to 173.37% for 2025, with expected profits between 300 million and 350 million yuan [18] - Shengshi Technology anticipates a net profit decrease of 50.26% to 64.55% for 2025, projecting profits between 62 million and 87 million yuan [19] - Lante Optical expects a net profit increase of 70.04% to 81.38% for 2025, with projected profits between 375 million and 400 million yuan [20] Group 7 - Dongfang Risen anticipates a loss of 2.3 to 2.9 billion yuan for 2025, compared to a loss of 3.436 billion yuan in the previous year [21] - Wandong Medical announced a change in leadership, electing Wang Jianguo as the new chairman [22] - Longsoft Technology expects a loss of 49 to 60 million yuan for 2025, with projected revenues between 148 million and 164 million yuan [23] Group 8 - Zongyi Co. forecasts a net profit increase of approximately 264.05% for 2025, with expected revenues of around 480 million yuan [24] - Sifang New Materials anticipates a loss of around 300 million yuan for 2025, with projected revenues of about 1 billion yuan [25] - Jiuding New Materials plans to acquire 100% of Jiuding New Energy for 39.51 million yuan [26] Group 9 - Kangyuan Pharmaceutical received approval for clinical trials of a new drug aimed at treating children's ailments [27] - Kaipu Testing announced plans for share reductions by its chairman and vice president [28] - Fengfan Co. intends to acquire 51% of Yanling Jiaye for 382.5 million yuan, with performance commitments for the next three years [29][30] Group 10 - Axin Security received a government subsidy of 6.8 million yuan [31] - Ge Microelectronics announced plans for a share reduction by a major shareholder [32] - ST Yingfit expects a loss of 24 to 31 million yuan for 2025, a reduction from a loss of 40.4 million yuan in the previous year [33] Group 11 - Fujilai forecasts a net profit increase of 282.17% to 296.8% for 2025, with expected profits between 62.7 million and 65.1 million yuan [34] - Huakong Saige anticipates a loss of 97 to 120 million yuan for 2025, a shift from a profit of 17.03 million yuan in the previous year [35] - Landun Optical expects a loss of 70 to 95 million yuan for 2025, compared to a profit of 6.49 million yuan in the previous year [36] Group 12 - ST Zhongji forecasts a loss of 35 to 55 million yuan for 2025, compared to a loss of 231 million yuan in the previous year [37] - Zhongsheng Pharmaceutical expects a profit of 260 to 310 million yuan for 2025, reversing a loss of 299 million yuan in the previous year [38] - Youkeshu reported a net loss of 13.85 million yuan for the first three quarters of 2025 [39] Group 13 - Haosheng Electronics anticipates a net profit decrease of 56.85% to 59.77% for 2025, projecting profits between 69 million and 74 million yuan [40] - Xiangyuan Cultural Tourism plans to withdraw from a low-altitude economic investment fund [41] - Guoen Co. has set a preliminary price range of 34 to 42 HKD for its H-share issuance [42]

Core Viewpoint - Zhejiang Dongjing Electronics Co., Ltd. is expected to report a negative net profit for the fiscal year 2025, with a projected revenue of approximately 33 million to 36 million yuan after deductions, primarily due to the addition of battery-grade lithium carbonate business revenue and ongoing challenges in the quartz crystal component industry [2][6][26]. Group 1: Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025 [3]. - The company anticipates a negative net profit for the fiscal year 2025, marking the first accounting year after the implementation of financial delisting risk warnings [4]. - The projected revenue after deductions includes approximately 10.2 million yuan from the newly added battery-grade lithium carbonate business, which is subject to audit confirmation [2][4][6]. Group 2: Communication with Auditors - The performance forecast has not undergone pre-audit by the accounting firm, but preliminary discussions regarding significant matters have taken place without major disagreements [5]. Group 3: Reasons for Performance Changes - The significant change in revenue for 2025 is attributed to the new battery-grade lithium carbonate business, contributing around 10.2 million yuan [6]. - The expected operating loss is mainly due to intense competition in the quartz crystal component industry, which has prevented significant improvements in the sales prices of main products. Additionally, the company plans to recognize inventory impairment provisions of approximately 20 million to 30 million yuan [6][7]. Group 4: Risk of Delisting - The company’s stock has been subject to delisting risk warnings since March 26, 2025, due to financial indicators from the 2024 annual report that triggered the delisting criteria [21][22]. - If the company’s 2025 financial results meet the criteria for delisting as outlined in the Shenzhen Stock Exchange rules, the stock may be terminated from listing [22][26].

Core Viewpoint - Zhejiang Dongjing Electronics Co., Ltd. is at risk of being delisted due to financial indicators that trigger a warning under the Shenzhen Stock Exchange's listing rules, specifically related to negative profit and revenue below 300 million yuan for the fiscal year 2024 [2][3][17]. Financial Indicators - The company has been warned that if its audited financial results for 2025 show a negative profit total, net profit, or net profit after deducting non-recurring gains and losses, and if its revenue is below 300 million yuan, it will face delisting [3][17]. - The company anticipates a negative profit total, net profit, and net profit after deducting non-recurring gains and losses for the fiscal year 2025, with expected revenue between 330 million yuan and 360 million yuan [11][14]. Business Operations - The significant change in revenue for 2025 is attributed to the addition of battery-grade lithium carbonate business, expected to contribute approximately 102 million yuan [14]. - The company is facing intense competition in the quartz crystal component industry, which has led to a lack of improvement in the sales prices of its main products, contributing to operational losses [14]. Compliance and Disclosure - The company is required to disclose potential delisting risks within one month after the end of the fiscal year in which the warning is issued, and subsequently every ten trading days until the annual report is released [2][8]. - The company has committed to adhering to the disclosure requirements set forth by the Shenzhen Stock Exchange and will provide updates through designated media [21].

Core Viewpoint - *ST Dongjing (002199.SZ) expects a net profit attributable to shareholders of the listed company to be between -60 million and -40 million yuan for 2025, with a net profit after deducting non-recurring gains and losses estimated to be between -66 million and -46 million yuan, and operating revenue projected to be between 340 million and 370 million yuan [1] Group 1 - The significant change in operating revenue for 2025 is primarily due to the addition of battery-grade lithium carbonate business revenue, estimated at approximately 102 million yuan [1] - The main reason for the expected operating loss in 2025 is the intense competition in the quartz crystal component industry, which has resulted in no significant improvement in the sales prices of major products [1] - The company plans to recognize inventory impairment provisions of approximately 20 million to 30 million yuan in accordance with relevant accounting standards for the year 2025 [1] Group 2 - The impact of non-recurring gains and losses on net profit is expected to be between 5 million and 8 million yuan during the reporting period [1]

证券代码：002199 证券简称：*ST东晶 公告编号：2026007 浙江东晶电子股份有限公司 关于公司股票可能被终止上市的风险提示公告 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。 特别提示： 1、浙江东晶电子股份有限公司（以下简称"公司"）于 2025 年 3 月 25 日在指定信 息披露媒体发布了《关于公司股票交易被实施退市风险警示暨股票停牌的公告》（公告 编号：2025014），因公司 2024 年度经审计的相关财务指标触及《深圳证券交易所股票 上市规则》（以下简称"《股票上市规则》"）第 9.3.1 条之"（一）最近一个会计年度经审 计的利润总额、净利润、扣除非经常性损益后的净利润三者孰低为负值，且扣除后的营 业收入低于 3 亿元"规定的对股票交易实施退市风险警示的情形，公司股票交易自 2025 年 3 月 26 日起被实施退市风险警示。若公司 2025 年度出现《股票上市规则》第 9.3.12 条规定的相关情形，公司股票将被终止上市。 2、根据《股票上市规则》第 9.3.6 条规定，公司应当在股票交易被实施退市风险警 示当年会计年度结束后一个月 ...

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。 重要提示： 1、浙江东晶电子股份有限公司（以下简称"公司"）本次预计的 2025 年度扣除后 营业收入包含 2025 年度新增的电池级碳酸锂业务收入，相关金额约 10,200 万元，相关 业务收入根据规定应扣除的金额尚未经审计专项确认，存在不确定性，最终数据以公司 披露的经审计的 2025 年年度财务数据为准。 2、由于公司 2025 年年度财务数据尚未审计完成，本次预计的扣除后营业收入的金 额存在不确定性，因此公司股票仍存在根据《深圳证券交易所股票上市规则》（以下简 称"《股票上市规则》"）规定因触及"经审计的利润总额、净利润、扣除非经常性损益 后的净利润三者孰低为负值，且扣除后的营业收入低于 3 亿元"而被深圳证券交易所终 止上市的风险，敬请广大投资者注意投资风险，理性投资。 一、本期业绩预计情况 证券代码：002199 证券简称：*ST东晶 公告编号：2026006 浙江东晶电子股份有限公司 2025年度业绩预告 1、业绩预告期间：2025 年 1 月 1 日至 2025 年 12 月 31 日。 2、业绩 ...

Core Viewpoint - Company *ST Dongjing expects a negative net profit for the fiscal year 2025, projecting a loss of 60 million yuan, which represents an 18.32% year-on-year decline [1] Financial Performance - The company's anticipated operating revenue for 2025 is 340 million yuan, reflecting a decrease of 30 million yuan compared to the previous year [1] - The new battery-grade lithium carbonate business is expected to generate approximately 102 million yuan in revenue for 2025 [1] Market Conditions - The sales price of the company's main products has not shown significant improvement, contributing to the expected operating losses [1] - The company plans to make a provision for inventory impairment of approximately 20 million to 30 million yuan [1]

Core Viewpoint - The quartz crystal component industry is experiencing rapid growth driven by the expansion of consumer electronics, communication devices, and automotive electronics, alongside emerging sectors like IoT and renewable energy. Domestic companies are making significant technological advancements, breaking international monopolies, and transitioning from low-end manufacturing to high-value segments. By 2025, the market size of China's quartz crystal component industry is projected to reach 1.102 billion yuan, with a year-on-year growth of 18.8% [1][7]. Industry Overview - Quartz crystals, primarily composed of silicon dioxide (SiO2), are essential electronic components that utilize piezoelectric effects for frequency control and signal filtering [2]. - Quartz crystal components can be categorized into quartz crystal resonators and oscillators, with various packaging methods and frequency classifications [3][4]. Market Policies - The Chinese government has implemented numerous policies to support the development of the quartz crystal component industry, including guidelines for energy electronics and innovation in the metaverse, which create a favorable environment for industry growth [5][6]. Industry Chain - The industry chain consists of upstream suppliers of raw materials and production equipment, midstream manufacturers of quartz crystal components, and downstream application markets including communication devices, IoT, automotive electronics, and medical equipment [6]. Current Development - The market is characterized by a three-tier competitive structure: international giants dominate high-end markets, domestic leaders accelerate replacement, and small enterprises focus on niche segments. Domestic companies are improving their capabilities in raw material development and production equipment, aiming to catch up with international competitors [9]. Key Players - Major domestic companies include: - **Tai Jing Technology**: Engaged in the design, manufacturing, and sales of quartz crystal frequency components, with a revenue of 718 million yuan and a gross profit margin of 18.5% in the first nine months of 2025 [10]. - **Anhui Jing Sai Technology**: Focuses on quartz crystal oscillators and packaging materials, holding 59 patents and achieving a revenue of 272 million yuan in the first half of 2025 [11]. Development Trends - **Technological Upgrades**: The industry is focusing on high-frequency, high-precision, and miniaturization to meet the demands of advanced applications [12]. - **Expansion into High-End Applications**: The demand for quartz crystal components is increasing in automotive electronics, IoT, industrial automation, and medical electronics, with specific requirements for reliability and performance [13]. - **Accelerated Domestic Replacement**: Supported by policies and technological advancements, domestic companies are moving from low-end to high-end markets, reducing reliance on imports and enhancing self-sufficiency [14].

Core Viewpoint - *ST Dongjing (002199) has faced a decline in stock price and is under investigation for regulatory violations related to insider trading by an independent director [2][3]. Group 1: Trading Information - As of January 14, 2026, *ST Dongjing's stock closed at 9.86 yuan, down 2.67%, with a turnover rate of 2.25% and a trading volume of 54,700 shares, resulting in a transaction amount of 54.05 million yuan [1]. - On January 14, the net outflow of main funds was 3.844 million yuan, while retail investors saw a net inflow of 4.264 million yuan [2][3]. Group 2: Regulatory Actions - Independent director Fu Baoshan is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of securities laws and regulations [2][3]. - Fu Baoshan has submitted his resignation as an independent director, which will take effect after the election of a new independent director at the shareholders' meeting [2][3].

Core Viewpoint - *ST Dongjing has been facing continuous losses for three consecutive years, with recent developments including the resignation of an independent director due to an insider trading investigation, which is not expected to impact the company's operations [1][2][4] Group 1: Company Developments - The independent director Fu Baoshan has been investigated by the China Securities Regulatory Commission for insider trading, leading to his resignation from the board and related committees [1] - Fu Baoshan's resignation will take effect after the election of a new independent director, and he has not held any shares in the company [1] - The company has undergone a change in control, with Haotian Yiyi becoming the largest shareholder, holding 19.97% of the total shares [4] Group 2: Financial Performance - The company has reported net losses for the years 2022 to the first three quarters of 2025, with losses of 69.11 million, 66.60 million, 73.45 million, and 39.13 million respectively [2] - For the first three quarters of 2025, the company achieved an operating revenue of 184 million, a year-on-year increase of 12.22%, but still reported a net loss of 39.13 million [4] - The company’s stock has been under delisting risk warning since March 26, 2025, due to negative net profit and revenue issues [4]