Core Viewpoint - Multiple companies have announced significant developments, including investments, clarifications on business operations, and changes in control, which may present various investment opportunities and risks for stakeholders [2]. Company Announcements - **Hai Zheng Pharmaceutical** plans to establish a joint venture in synthetic biology with a registered capital of 350 million yuan, where Hai Zheng will contribute 260 million yuan, holding a 74.29% stake [3]. - **Jin Zhong Zi Jiu** clarified that its business scope remains unchanged despite media reports suggesting a shift away from liquor production, confirming that it will continue to focus on its core liquor business [4]. - **ST Gong Zhi** announced that its stock will resume trading on June 20, 2025, and enter a delisting period, with the last trading date expected to be July 10, 2025 [5]. - **Zhong Jing Electronics** confirmed that its production and operational conditions are normal, with no undisclosed significant matters [6]. - **Shan Jin International** is preparing for an overseas H-share issuance and listing on the Hong Kong Stock Exchange to enhance its global strategy [7]. - **Kang Da New Materials** intends to acquire at least 51% of Chengdu Zhongke Huamei Electronics to expand into the semiconductor integrated circuit sector [8]. - **Zhong Yan Chemical** agreed to a capital reduction for its subsidiary, which will result in it holding 100% of the subsidiary's equity, constituting a significant asset restructuring [9]. - **Tai Ji Co., Ltd.** announced a change in its actual controller to the Hubei Provincial State-owned Assets Supervision and Administration Commission, with stock resuming trading [10]. - **ST Yi Guo** plans to sell four Carrefour subsidiaries for 1 yuan, expecting to increase its net profit by approximately 572 million yuan, while focusing on its core home appliance business [11][12]. Performance Expectations - **Sheng Nuo Bio** anticipates a substantial increase in net profit for the first half of 2025, projecting a year-on-year growth of 253.54% to 332.10%, driven by strong performance in its peptide raw material business [13]. Share Buyback - **Nuo Wei Zan** intends to repurchase shares worth between 5 million and 10 million yuan to implement employee stock ownership plans, with a maximum repurchase price of 30 yuan per share [14]. Major Contracts - **Sai Sheng Pharmaceutical** signed a technology transfer contract for a new drug project with a total transaction amount of 20 million yuan, which will enhance its capabilities in the protein/antibody drug platform [15].

Core Viewpoint - Huaxing Yuanchuang has successfully delivered China's first G8.6 AMOLED touch screen (TSP) display system detection equipment, marking a significant advancement in the high-generation AMOLED TSP OS core detection equipment field [1][3]. Group 1: Product Development and Market Position - The newly developed detection equipment covers the entire process of TSP and OS detection, achieving micron-level precision, suitable for various applications including automotive displays, laptops, and tablets [3]. - The delivery of this product signifies a critical leap from "0" to "1" in China's capability in high-generation AMOLED TSP OS core detection equipment [3]. - Huaxing Yuanchuang's Chengdu subsidiary has successfully won bids for several projects related to BOE's 8.6-generation AMOLED production line, including automatic optical inspection machines and aging equipment for flat panel displays [3]. Group 2: Financial Performance - In 2024, Huaxing Yuanchuang reported an operating income of 1.823 billion yuan, a decrease of 2.07% compared to the previous year [3]. - The company recorded a net profit attributable to shareholders of -497 million yuan [3]. Group 3: Company Focus and Applications - Huaxing Yuanchuang specializes in the research, production, and sales of flat panel display and semiconductor integrated circuit detection equipment, with applications across various industries including LCD and OLED flat displays, integrated circuits, and automotive electronics [3].