Company News - Weidi Co., Ltd. plans to acquire control of Jiu Xing Precision by purchasing 51% of the shares from its current shareholders, which is expected to constitute a major asset restructuring. The acquisition will allow Weidi to gain at least 51% voting rights in Jiu Xing Precision, making it a subsidiary [6][7] - Jiu Xing Precision specializes in the research, production, and sales of precision metal components, primarily serving the mid-to-high-end home appliance sector. It is recognized as a "little giant" enterprise in the national specialized and innovative category [7] - Yili Co., Ltd. announced a cash dividend distribution plan for the first half of 2025, proposing a distribution of 0.48 yuan per share, totaling 3.036 billion yuan, with the record date set for December 16, 2025 [8] - Suhao Fashion plans to conduct an asset swap with its controlling shareholder, involving the acquisition of a 54% stake in Jiangsu Suhao Zhongjia Fashion Co., Ltd. and the divestment of its 100% stake in Jiangsu Shuntian Chemical Storage Co., Ltd. [8] - China Shipbuilding announced a cooperation agreement for a new shipbuilding project involving 87 vessels, with a total value of approximately 50 billion yuan, primarily settled in cross-border RMB [8] - Tailong Pharmaceutical will change its controlling shareholder to Jiang Pharmaceutical Group, with the stock resuming trading on December 9 [8] - Ruixin Microelectronics reported a net profit of approximately 780 million yuan for the first three quarters of 2025 and plans to distribute a cash dividend of 0.30 yuan per share, totaling 126 million yuan [8] - China Metallurgical Group plans to sell its 100% stake in China Metallurgical Real Estate and related debts for approximately 60.7 billion yuan [9] - HeFu China reported significant stock price fluctuations, with a cumulative increase of 336.83% from October 28 to December 8, raising concerns about potential overvaluation [9] Economic Indicators - According to the General Administration of Customs, China's total goods trade value reached 41.21 trillion yuan in the first 11 months of 2025, a year-on-year increase of 3.6%. Exports were 24.46 trillion yuan, up 6.2%, while imports were 16.75 trillion yuan, up 0.2%. In November alone, trade value was 3.9 trillion yuan, growing by 4.1% [2]
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