Core Viewpoint - The company Hualan Co., Ltd. has successfully passed the technical review for its aluminum caps used in pen-type injectors by the National Medical Products Administration (NMPA) and has achieved an "A" status in the CDE registration platform [1] Group 1 - The aluminum caps for pen-type injectors have been approved by the NMPA's Center for Drug Evaluation (CDE) [1] - The approval indicates that the product is now in a favorable regulatory status, which may enhance the company's market position [1] - The registration information is now publicly available on the CDE platform, indicating transparency in the approval process [1]

Core Points - The company Hualan Co., Ltd. has announced that its aluminum caps for pen-type syringes have recently passed the technical review by the National Medical Products Administration (NMPA) [1] - The approval status has been updated to "A" on the CDE's platform, indicating a successful review process [1] Summary by Category - **Company Announcement** - Hualan Co., Ltd. has received a significant regulatory approval for its aluminum caps used in pen-type syringes [1] - **Regulatory Approval** - The aluminum caps have been recognized by the CDE, marking a successful transition to "A" status in the review process [1]

证券代码：301093 证券简称：华兰股份 公告编号：2025-112 江苏华兰药用新材料股份有限公司 关于公司笔式注射器用铝盖与制剂共同审评审批结果 转为"A"状态的公告 二、对公司的影响 （1）公司已具备笔式注射器核心接触组件的一体化供应能力 公司笔式注射器用铝盖已通过 CDE 技术评审，已在 CDE 原料药、药用辅 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。 江苏华兰药用新材料股份有限公司（以下简称"公司"或"本公司"）笔式 注射器用铝盖于近日通过国家药品监督管理局药品审评中心（以下简称"CDE"） 技术评审，已在 CDE 原料药、药用辅料和药包材登记信息公示平台上"与制剂 共同审评审批结果"显示转为"A"状态，现就相关情况公告如下： 一、药包材基本情况 企业名称：江苏华兰药用新材料股份有限公司 药包材登记号：B20230000018 品种名称：笔式注射器用铝盖 产品来源：国产 与制剂共同审评审批结果：A 料和药包材登记信息公示平台上"与制剂共同审评审批结果"显示转为"A" 状态。 该产品与公司此前已取得"A"状态登记的"笔式注射器用溴化丁基橡胶 活 ...

Key Points - Antai Group's stock price deviates from its fundamentals, indicating risks of market sentiment overheating and irrational speculation [1] - Huatai plans to invest in a carbon dioxide comprehensive utilization project with an annual production capacity of 120,000 tons of amino resin [1] - Guizhou Moutai intends to repurchase shares worth between 1.5 billion to 3 billion yuan [2] - Jindi Group's cumulative signed amount from January to October is 26.1 billion yuan, a year-on-year decrease of 55.33% [2] - Ningbo Port expects to complete a cargo throughput of 99.6 million tons in October, a year-on-year increase of 5.3% [2] - Kaimeite Gas plans to reduce its shareholding by no more than 3% [3] - Hualan Co., Ltd. intends to increase its stock holdings by 30 million to 60 million yuan [3] - Haoneng Co., Ltd. plans to issue convertible bonds to raise no more than 1.8 billion yuan for core components of intelligent manufacturing projects [3]

Group 1 - Company MengTian Home is planning to acquire control of ChuanTu Microelectronics through a combination of issuing shares and cash payment, which is expected to constitute a major asset restructuring [1] - The actual controller of MengTian Home, Yu Jingyuan, is also planning a transfer of control, which is independent of the aforementioned acquisition [1] - The stock of MengTian Home has been suspended since November 6, 2025, with an expected suspension period of no more than 10 trading days [1] Group 2 - Kweichow Moutai plans to repurchase shares with an investment of between 1.5 billion and 3 billion RMB, with a maximum repurchase price of 1,887.63 RMB per share [2] - The repurchase will be conducted through centralized bidding and will be used for cancellation to reduce the company's registered capital [2] - The company also plans to distribute a cash dividend of 23.957 RMB per share, totaling approximately 30 billion RMB based on the total share capital as of September 30, 2025 [2] Group 3 - JiaYuan Technology has signed a cooperation framework agreement with CATL to deepen their long-term procurement cooperation in the supply, research, and production of materials for new battery anodes [3] - The agreement aims to enhance collaboration in technology research and market expansion, benefiting both companies [3] - JiaYuan Technology will be the preferred supplier for new products developed in cooperation with CATL, which will strengthen its competitive position in the industry [3] Group 4 - KaBeiYi has invested 100 million RMB to establish a wholly-owned subsidiary, Shanghai KaBeiYi Robotics, to accelerate the development of humanoid robot components [4] - The new subsidiary will operate independently and is expected to enhance the company's investment in humanoid robotics [4] Group 5 - Bertley has established a joint venture, Wuhu Bertley Drive Technology Co., Ltd., with a registered capital of 100 million RMB, where Bertley holds a 60% stake [5] - The joint venture will focus on the research, production, and sales of various electric motors, aligning with the company's strategy for technological autonomy and product diversification [5] - This strategic move is aimed at strengthening the company's position in high-growth sectors such as new energy vehicles and humanoid robotics [5] Group 6 - Tongling Nonferrous Metals has successfully acquired exploration rights for the JiGuangShan-HuVillage copper-gold-molybdenum mine for 3.204 billion RMB [6] - Ningbo Port expects to achieve a container throughput of 4.56 million TEUs in October 2025, representing a year-on-year increase of 12.4% [6] - Hongquan Technology will change its stock name to Hongquan Technology starting November 11, 2025, while maintaining its full name and stock code [6] Group 7 - Dongfeng Group has undergone a change in its controlling shareholder and actual controller, leading to a name change to Quzhou Dongfeng New Materials Group Co., Ltd. [7] - Yihong Long has been recognized as a national manufacturing single champion enterprise for its self-immune disease diagnostic products [7] Group 8 - China Shipbuilding Technology's subsidiary plans to publicly transfer 100% equity of a clean energy development company as part of its strategy to enhance operational quality and fund future projects [8] - HeimuDan's subsidiary is selling its developed digital economy industrial park properties for approximately 41.97 million RMB [8] Group 9 - Shenkai Co. has completed the transfer of shares from its original controlling shareholder to Shenzhen Huili Hongsheng Industrial Holdings, changing its controlling shareholder [9] - Luzhou Laojiao is investing approximately 1.478 billion RMB to build a historical and cultural industry park to enhance brand influence [9] Group 10 - Xiling Power has signed a share purchase agreement to acquire 100% of Weipai Automotive Electronics, which specializes in turbocharger production [10] - Mind Electronics plans to divest its 51% stake in a subsidiary for 14.8 million RMB to focus on core business development [10] Group 11 - Triangle Defense has signed development and framework order agreements with Siemens Energy to supply specific items, enhancing its international market presence [11] Group 12 - Hualan Co.'s controlling shareholder plans to increase its stake in the company by investing between 30 million and 60 million RMB [12] - Key executives of Kaili Medical have also increased their stakes in the company through market transactions [12]

Group 1 - Mengtian Home intends to acquire control of ChuanTu Microelectronics through a combination of share issuance and cash payment, leading to a significant asset restructuring. The stock will be suspended from trading starting November 6, 2025, for up to 10 trading days [2] - Guizhou Moutai plans to repurchase shares worth between 1.5 billion and 3 billion RMB, with a maximum repurchase price of 1,887.63 RMB per share. The repurchase will be completed within six months following shareholder approval [3] - Jiayuan Technology has signed a cooperation framework agreement with CATL to deepen their long-term procurement relationship, focusing on the supply and development of materials for new battery anodes [4] Group 2 - Kabeiyi has invested 100 million RMB to establish a wholly-owned subsidiary, Shanghai Kabeiyi Robotics, to accelerate the development of humanoid robot components [5] - Bertley has formed a joint venture with Langfang Jinrun Electric to establish Wuhu Bertley Drive Technology Co., with a registered capital of 100 million RMB, focusing on electric motor systems [7] - Tongling Nonferrous Metals has successfully acquired exploration rights for the Jiguanshan-Hucun copper-gold-molybdenum mine for 3.204 billion RMB [8] Group 3 - Ningbo Port expects to achieve a container throughput of 4.56 million TEUs in October 2025, representing a year-on-year increase of 12.4% [8] - Huayuan Technology has changed its stock name from "Hongquan Technology" to "Hongquan Technology" effective November 11, 2025, while maintaining its full name and stock code [8] - The company plans to invest approximately 1.478 billion RMB in the construction of a historical and cultural industry park to enhance brand influence [12]

Mergers and Acquisitions - Hengyuan Coal Power plans to acquire 100% equity of Zhangye Hongneng Coal Industry and Zhangye Hongneng Changsheng Energy from Shaanxi Black Cat for a transaction price of 440 million yuan, while also assuming a debt of 1.137 billion yuan from Shaanxi Black Cat [1] - Nuwei Co. intends to use its own funds of 139 million yuan to acquire 40% equity of its subsidiary Dongwu Machinery, resulting in 100% ownership post-transaction [2] Performance Disclosure - Jindi Group reported a significant decline in October, with a signed area of 184,000 square meters, down 53.30% year-on-year, and a signed amount of 1.92 billion yuan, down 65.78% year-on-year [3] - Muyuan Foods announced a 22.28% year-on-year decrease in revenue from the sale of commodity pigs in October, with sales of 7.076 million heads and an average selling price of 11.55 yuan per kilogram, reflecting a 32.73% decline [4] - Ningbo Port expects to achieve a container throughput of 4.56 million TEUs in October, representing a year-on-year increase of 12.4%, while total cargo throughput is projected to reach 99.6 million tons, up 5.3% year-on-year [5] Shareholding Changes - Ankai Bus announced that its shareholder, Anhui Investment Group, plans to reduce its stake by up to 1%, amounting to a maximum of 9.3951 million shares [6] - Kaimete Gas disclosed that its shareholders, Hunan Caixin Asset Management and associated parties, plan to collectively reduce their holdings by up to 3%, equating to a maximum of 20.8604 million shares [7] - Hualan Co. stated that its controlling shareholder plans to increase its stake by up to 2%, with an investment between 30 million and 60 million yuan, at a price not exceeding 58.08 yuan per share [8] Risk Matters - Aerospace Hongtu announced a suspension of its military procurement qualifications for three years due to alleged violations in a portable drone project [9] - Weining Health reported that its actual controller, Zhou Wei, was sentenced to one and a half years in prison and fined 200,000 yuan due to a criminal judgment [10] - Zhenhua Co. disclosed that two directors reduced their holdings by a total of 59,000 shares during a period of abnormal stock trading fluctuations [11]

Group 1 - China will stop implementing additional tariffs on certain imported goods from the United States starting from November 10, 2025, at 13:01, as part of the consensus reached during the China-U.S. economic and trade consultations [2] - The additional tariff rate of 24% on U.S. imports will be suspended for one year, while a 10% tariff will remain in place [2] - The Ministry of Commerce will stop related measures for 15 U.S. entities listed in the export control list starting from November 10, 2025, while continuing to suspend measures for 16 other entities for one year [3] Group 2 - The Ministry of Commerce will continue to suspend measures related to the unreliable entity list for one year starting from November 10, 2025, allowing domestic companies to apply for transactions with these entities [4] - The Ministry of Commerce has proposed to stop the anti-dumping tax rate applicable to certain U.S. imports of optical fibers starting from November 10, 2025, due to changes in the trade environment [5] Group 3 - Guizhou Moutai plans to repurchase shares worth between 1.5 billion to 3 billion yuan and subsequently cancel them [8] - The stock price of Cheung Fat China has significantly deviated from its fundamentals, posing a risk of rapid decline [9] - Zhangzhou Development reports normal production and operational conditions without significant changes in the internal or external business environment [10]

Summary of Stock Buybacks and Sell-offs on November 5 Buyback Activities - Kweichow Moutai plans to repurchase shares worth between 1.5 billion to 3 billion yuan and subsequently cancel them [2] - Kaili Medical's directors and senior management have increased their holdings in the company [2] - Hualan Biological plans to increase its holdings by 30 million to 60 million yuan [2] - Microchip Biotech intends to repurchase shares worth between 10 million to 15 million yuan [2] Sell-off Activities - Shangda Co. plans to reduce its holdings by up to 3.90% [3] - Xinjiang Communications Construction's major shareholder, TBEA Group, intends to reduce its holdings by up to 2.88% [3] - Ocean Motor's directors and executives plan to collectively reduce their holdings by up to 0.0361% [3] - Zhongchao Holdings' director plans to reduce his holdings by up to 0.0038% [3] - Del Future's directors and executives plan to collectively reduce their holdings by up to 0.0829% [3] - Jinbei Electric's shareholders plan to reduce their holdings by up to 1.77% [3] - Tianyi Co. and specific shareholders plan to reduce their holdings by up to 1% [3] - Kangsheng Co.'s shareholder Jiangsu Ruijin plans to reduce his holdings by up to 1% [3] - Ankai Bus's major shareholder plans to reduce his holdings by up to 1% [3] - Defang Nano's shareholder has completed his reduction plan [3] - Xiamen Construction's second-largest circulating shareholder has recently reduced his holdings by 17.74 million shares [3] - Hanbo High-tech's directors, executives, and shareholders plan to collectively reduce their holdings by up to 0.12% [3] - Haoliang Data's director plans to reduce his holdings by up to 0.0085% [3] - Zunming Co.'s actual controller and major shareholders plan to reduce their holdings [3] - Kaimete Gas's shareholders and concerted actors plan to reduce their holdings by up to 3% [3] - Chuangjiang New Materials' director plans to reduce his holdings by up to 0.13% [3] - Shutaishen's shareholder plans to reduce his holdings by up to 1% [3] - Wentai Technology's second-largest shareholder plans to reduce his holdings by up to 3% [3] - Kecuan Technology's controlling shareholder plans to reduce his holdings by up to 3% [3] - Shenma Power's actual controller has reduced his holdings by 1% between September 17 and November 5 [3] - Sanjiang Shopping's second-largest shareholder plans to reduce his holdings by up to 3% [3] - Chenguang New Materials' shareholder plans to reduce his holdings by up to 0.96% [3] - Zhiyang Innovation's directors and executives plan to collectively reduce their holdings by up to 0.52% [3] - Zhenhua Co. has seen two directors collectively reduce their holdings by 59,000 shares during the recent stock trading fluctuations [3] - Anbiping's shareholders plan to collectively reduce their holdings by up to 1% [3]

Group 1 - Hualan Co., Ltd. plans to increase its shareholding by 30 million to 60 million yuan [1] - Kaili Medical's directors and executives collectively increased their holdings by 460,000 shares [1] - Zuming Co., Ltd.'s actual controller and shareholders plan to reduce their holdings by no more than 4% [1] Group 2 - Wentai Technology's Wuxi Guolian Integrated Circuit Investment Center intends to reduce its holdings by no more than 3% [1] - Kaimete Gas's shareholders plan to reduce their holdings by no more than 3% [1] - Kechuan Technology's Shi Huiqing intends to reduce his holdings by no more than 3% [1] Group 3 - Sanjiang Shopping's Alibaba Zhitai plans to reduce its holdings by no more than 3% [1] - Anbiping's Zhuji Gaotejia and its concerted parties plan to reduce their holdings by no more than 1% [1] - Tianyi Co., Ltd.'s controlling shareholder and specific shareholders plan to reduce their holdings by no more than 1% [1] Group 4 - Kangsong Co., Ltd.'s shareholder Jiangsu Ruijin plans to reduce his holdings by no more than 1% [1] - Ankai Bus's shareholders plan to reduce their holdings by no more than 1% [1] - Chenguang New Materials' Haojing Borui plans to reduce its holdings by no more than 0.96% [1] Group 5 - Hanbo High-tech's directors, executives, and shareholders plan to reduce their holdings by no more than 0.12% [1] - Chujian New Materials' directors plan to reduce their holdings by no more than 2 million shares [1]