Core Insights - The event aimed to assist unprofitable companies in the region to seize opportunities for listing in the domestic capital market [1] - The meeting included experts from the Shanghai Stock Exchange, Shenzhen Stock Exchange, Zhejiang Securities Regulatory Bureau, and Hangzhou Municipal Financial Office, along with representatives from eight prospective listed companies [1] - The focus was on high-quality development and the importance of understanding listing conditions and regulatory requirements [1] Group 1 - The Zhejiang Securities Regulatory Bureau emphasized the core issues that companies need to pay attention to during the preparation for listing [1] - Experts from the Shanghai and Shenzhen Stock Exchanges provided in-depth interpretations of the listing policies for unprofitable companies on the Sci-Tech Innovation Board and the Growth Enterprise Market [1] - The Hangzhou Municipal Financial Office highlighted the importance of seizing policy windows and improving internal control issues [1] Group 2 - The interactive session allowed company representatives to engage in direct dialogue with exchanges and regulatory bodies regarding listing paths and review standards [1] - Participants expressed that they benefited significantly from the discussions, which clarified the importance of understanding listing conditions [1] - The initiative aims to continue such activities to deepen financial services and assist more quality companies in accelerating their listing processes [1]

Group 1: New Stock Issuances - Cash option declaration period for *ST Tianmao (000627) is from September 15 to September 19, 2025[1] - *ST Zitian (300280) has 11 trading days remaining until the last trading day during the delisting arrangement period[1] - *ST Dongtong (300379) has reported severe abnormal fluctuations in stock price[1] Group 2: Market Alerts - Jiushi Media (601929) has experienced significant abnormal fluctuations in stock price[1] - Xian Dao Intelligent (300450) has reported severe abnormal fluctuations in stock price[1] - Hangke Technology (688006) has issued a notice regarding stock performance[1] Group 3: Trading Notifications - Shanghai Construction (600170) has issued a trading notification on September 18, 2025[1] - Junsheng Electronics (600699) has issued a trading notification on September 18, 2025[1] - ST Changyuan (600525) has issued a trading notification on September 18, 2025[1]

Mergers and Acquisitions - Changrong Co., Ltd. plans to acquire 100% equity of Enchi New Energy from Enhui New Energy for a consideration of 0 yuan, followed by a capital increase of 60 million yuan for a 100,000 kW photovoltaic power generation project in Yongchang County [1] - Zaiseng Technology has terminated its cash acquisition plan for 49% equity of Maikelong due to lack of substantial progress and to protect the interests of the company and its shareholders [2] Shareholding Changes - Yongding Co., Ltd.'s controlling shareholder, Yongding Group, intends to reduce its shareholding by up to 4,385,970 shares, representing no more than 3% of the total share capital [3] - Xinhang New Materials' controlling shareholder, Qin Cui'e, plans to reduce her shareholding by up to 349,760 shares, approximately 2% of the total share capital [4] - Dagang Holdings' shareholder, Yingqi Management, plans to reduce its shareholding by up to 952,000 shares, about 3% of the total share capital [5] Risk Matters - Pinming Technology is planning a significant matter that may lead to a change in control, resulting in a stock suspension from September 18 for no more than 2 trading days [6] - Hangzhou High-tech's shareholder, Wanren Zhongying, has 583,370 shares (4.61% of total share capital) subject to judicial auction scheduled for October 16-17, 2025 [7] Company Operations - Kosen Technology clarified that it does not produce AI glasses or their structural components, and its folding screen hinge assembly business generated only 2.10% of total revenue in the first half of 2025 [8] - Meili Cloud's shareholder, Zhongye Paper, has had its bankruptcy liquidation application accepted by the court [9][10] Stock Trading - Tianpu Co., Ltd. has completed its stock trading suspension review and will resume trading on September 18, following an investigation into abnormal trading activities [11]

杭州高新公告，股东万人中盈持有的583.37万股股份（占总股本的4.61%）将被司法拍卖。此次拍卖由 淄博市博山区人民法院于2025年10月16日至17日进行，拍卖平台为山东产权交易中心。万人中盈不是公 司控股股东或实际控制人，此次拍卖不会导致公司控制权变更，也不会对公司生产经营和治理结构产生 重大不利影响。 ...

证券代码：300478 证券简称：杭州高新 公告编号：2025-056 杭州高新材料科技股份有限公司 关于股东股份被司法拍卖的提示性公告 特别提示： 1、本次司法拍卖标的为杭州高新材料科技股份有限公司（以下简称"公司"） 股东万人中盈（厦门）股权投资合伙企业（有限合伙）（以下简称"万人中盈"） 所持5,833,650股股份,占其所持公司股份的100%，占公司总股本的4.61%。 2、万人中盈不是公司控股股东或实际控制人，本次拍卖事项不会导致公司 控制权发生变更，亦不会对公司生产经营与治理结构产生重大不利影响。 3、本次拍卖事项尚处于公示阶段，后续可能涉及竞拍、流拍、缴款、股权 变更过户等环节，拍卖结果存在不确定性。 公司近日经网络查询获悉，淄博市博山区人民法院（以下简称"淄博法院"） 将于2025年10月16日17:30至2025年10月17日17:30止（延时除外）在"山东产权 交易中心"（www.sdcqjy.com）上公开拍卖万人中盈所持公司5,833,650股股份。 现将有关情况公告如下： 一、股东股份被司法拍卖情况 | 股东名 | 是 | 否 | 为 | 控 | 本次拍卖股 | 占 | 其 | 占公 ...

New Stock Issuance - Cash option declaration period for *ST Tianmao (000627) is from September 15 to September 19, 2025[1] - *ST Zitian (300280) has 12 trading days remaining until the last trading day during the delisting arrangement period[1] Trading Alerts - *ST Jishi Media (601929) reported severe abnormal fluctuations in stock price[1] - *ST Yushun (002289) and *ST Weier (002058) are under scrutiny due to abnormal trading activities[1] Company Announcements - *ST Gao Hong (000851) and *ST Dongtong (300379) have recent announcements regarding their financial status[1] - Shanghai Construction (600170) and Zhongke Shuguang (603019) have disclosed important updates on their operations[1] Market Trends - The report indicates a trend of increased scrutiny on companies with abnormal trading patterns, reflecting a tightening regulatory environment[2] - The number of companies under cash option declarations and delisting arrangements suggests a potential increase in market volatility[1]

Core Viewpoint - Hangzhou High-tech announced that its stock price experienced an abnormal fluctuation, with a cumulative increase of over 30% in closing prices over three consecutive trading days from September 12 to September 16, 2025 [1] Summary by Relevant Sections - Stock Price Movement - The stock price of Hangzhou High-tech showed a cumulative increase of over 30% during the specified trading days [1] - Company Disclosure - The company conducted a self-examination and confirmed that there are no corrections or supplements needed for previously disclosed information [1] - No significant undisclosed information that could impact stock trading prices was found in recent public media reports [1]

证券日报网讯杭州高新9月16日在互动平台回答投资者提问时表示，截至2025年9月10日，公司股东总人 数为13871户。 ...

证券代码：300478 证券简称：杭州高新 公告编号：2025-055 除前述事项外，近期公司经营情况及内外部经营环境未发生重大变化； 杭州高新材料科技股份有限公司 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内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、股票交易异常波动情况 杭州高新材料科技股份有限公司（以下简称"公司、上市公司"）股票于2025 年9月12日、9月15日、9月16日连续3个交易日收盘价格涨幅偏离值累计超过30%， 根据深圳证券交易所相关规定，属于股票异常波动的情形。 二、公司关注并核实情况的说明 公司董事会已对股票交易发生异动问题进行自查，并对公司、控股股东及实 际控制人就相关事项进行了核实，现就有关情况说明如下： 1、公司前期披露的信息不存在需要更正、补充的事项； 2、公司未发现近期公共传媒报道了可能或已经对公司股票交易价格产生较 大影响的未公开重大信息； 3、公司原控股股东浙江东杭控股集团有限公司通过协议转让的方式向北京 巨融伟业能源科技有限公司（以下简称"巨融伟业"）转让其持有的上市公司股 份24,105,872股（占上市公司总股本的19.03%）， ...

Core Insights - The plastic sector experienced a 1.1% increase on September 15, with Hangzhou High-tech leading the gains [1] - The Shanghai Composite Index closed at 3860.5, down 0.26%, while the Shenzhen Component Index closed at 13005.77, up 0.63% [1] Plastic Sector Performance - Hangzhou High-tech (300478) saw a closing price of 25.25, with a significant increase of 14.36% and a trading volume of 244,700 shares [1] - Other notable performers included: - Upwind New Materials (688585) at 97.02, up 10.50% with a trading volume of 134,300 shares [1] - Tianyang New Materials (603330) at 8.24, up 10.01% with a trading volume of 452,100 shares [1] - Dongcai Technology (601208) at 21.48, up 4.68% with a trading volume of 1,959,000 shares [1] - Jinfat Technology (600143) at 19.85, up 3.71% with a trading volume of 3,082,800 shares [1] Capital Flow Analysis - The plastic sector experienced a net outflow of 344 million yuan from institutional investors, while retail investors saw a net inflow of 107 million yuan [2] - The main capital inflow and outflow for selected stocks included: - Dongcai Technology (601208) with a net inflow of 33.8 million yuan from main investors [3] - Upwind New Materials (688585) with a net outflow of 16.3 million yuan from main investors [3] - Tianyang New Materials (603330) with a net inflow of 49.4 million yuan from main investors [3]