Mei Ri Jing Ji Xin Wen·2025-10-10 13:51Mergers and Acquisitions - Guilin Tourism plans to publicly transfer 100% equity and debt of its wholly-owned subsidiary, Guilin Zijiang Danxia Tourism Co., Ltd. The transaction has received approval from the Guilin State-owned Assets Supervision and Administration Commission, and the counterparty has not yet been determined. This transaction is not expected to constitute a major asset restructuring [1] Shareholding Changes - China Unicom's shareholder, the State-owned Enterprise Structural Adjustment Fund, intends to reduce its stake by up to 1.20%, which equates to a maximum of 375 million shares. This reduction aims to optimize the structure of state-owned capital and meet its own development needs [2] - Zhongzhou Special Materials announced that its controlling shareholder's concerted actor, Shanghai DunJia Investment Management Co., Ltd., reduced its stake by 2.8481 million shares during a period of abnormal stock trading. This reduction aligns with previously disclosed plans and is not considered illegal [3] - Strong Rui Technology's controlling shareholder, Strong Rui Technology, and its concerted actor, Strong Rui Investment, plan to reduce their stake by up to 3%, totaling a maximum of 3.1028 million shares within three months after the announcement [4] Earnings Forecast - Lianhua Holdings expects its net profit attributable to shareholders for the first three quarters of 2025 to be between 250 million and 280 million yuan, representing a year-on-year increase of 51.39% to 69.55% [5] - Chongqing Pharmaceutical Holdings anticipates its net profit attributable to shareholders for the first three quarters of 2025 to be between 358 million and 400 million yuan, reflecting a year-on-year growth of 22.51% to 36.88% [6] - Daotong Technology forecasts its net profit attributable to shareholders for the first three quarters of 2025 to be between 710 million and 738 million yuan, indicating a year-on-year increase of 31.17% to 36.34% [7] Risk Matters - *ST Yuancheng has received a notice from the China Securities Regulatory Commission regarding potential major illegal forced delisting due to false records in annual reports from 2020 to 2022, which may lead to significant legal consequences [8] - KJY has received an administrative penalty decision, including a warning and a fine of 1.5 million yuan, for failing to timely disclose guarantees provided by its wholly-owned subsidiary [10] - New Dazhou A has received overdue debt collection notices from Great Wall Asset Management, which may lead to a decline in the company's financing capabilities and exacerbate its financial strain [11]