HWABAO SECURITIES·2025-08-12 09:19New Stock Listings - Guangdong Construction Science and Technology (301632) listed at an issue price of 6.56 on August 12, 2025[1] - China Shipbuilding Industry (600150) has a cash option declaration period from August 13 to August 15, 2025[1] - China Heavy Industry (601989) has a cash option declaration period starting August 13, 2025[1] Tender Offers and Mergers - ST Kelly (300326) has a tender offer period from July 17 to August 15, 2025[1] - Fushun Special Steel (600399) has a tender offer period from August 12 to September 10, 2025[1] - Northern Long Dragon (301357) is involved in an absorption merger announcement on August 12, 2025[1] Abnormal Fluctuations - Tibet Tourism (600749) reported severe abnormal fluctuations on July 31, 2025[1] - Aileda (300696) reported abnormal fluctuations on August 5, 2025[3] - Long-term abnormal fluctuations noted for multiple stocks including ST Suwu (600200) and ST Yatai (000691) on August 6, 2025[3]