Group 1 - The core point of the article is that China Starch (03838.HK) has announced a construction contract for a thermal power plant with a total value of RMB 70 million [1] Group 2 - The contract is between the company's indirect non-wholly owned subsidiary, Deneng Jinyu Corn, and the contractor, Juneng Construction [1] - The construction services provided by Juneng Construction are specifically for the thermal power plant [1] - The contract is set to be executed by November 19, 2025 [1]

Group 1 - The Shanghai Municipal Housing and Urban-Rural Development Committee's Science and Technology Committee has completed nearly 30,000 important projects over the past 40 years, contributing significantly to high-quality urban development in Shanghai [1] - The establishment of the Shanghai Construction Technology Development Foundation aims to facilitate the funding, management, and allocation of resources necessary for construction technology development, creating a positive cycle [3][5] - The Science and Technology Committee serves as a consulting body for major scientific and technological issues and policy recommendations, enhancing the macro-management capabilities of government departments [2][5] Group 2 - The Asia-Pacific Urban Technology Cooperation Network was established to strengthen horizontal connections among cities in the Asia-Pacific region, promoting international cooperation in various fields [8] - The Shanghai Municipal Construction Committee has initiated the establishment of four specialized research centers focusing on carbon neutrality, urban underground space utilization, water resource protection, and smart city management [23][25] - The recent Shanghai Housing and Urban-Rural Development Industry Technology Conference emphasized the theme "Empowering Technology, Innovative Development," aligning with national development strategies and promoting high-quality development in the Yangtze River Delta region [35][37]

Group 1 - The U.S. Department of Commerce has modified the rules regarding patent invalidation applications, focusing on those from foreign enterprises, which has raised concerns from China about discrimination against its companies [2] - A meeting on food safety responsibilities was held in Wuxi, Jiangsu, emphasizing the need for better coordination and implementation of local management responsibilities, as well as the adoption of digital technologies for food safety management [3] - The Financial Regulatory Bureau held a meeting with foreign financial institutions in Hainan, encouraging them to integrate into China's economic development and support the construction of the Hainan Free Trade Port [4] Group 2 - Shanghai is accelerating the renovation of urban villages and expanding the supply of affordable housing, aiming to improve living conditions and community services [5] - The Ministry of Finance has issued a statement denying the existence of any fraudulent policies related to the Guangdong-Hong Kong-Macao Greater Bay Area financial bonds, warning the public against scams [6] - The Ministry of Industry and Information Technology has released guidelines for building high-standard digital parks, focusing on optimizing computing power infrastructure and enhancing network capabilities [7] Group 3 - Beijing aims to establish a robust technology transfer system by 2027, targeting the incubation of 3,000 technology-based enterprises and 600 specialized and innovative companies [8] - Chongqing is promoting the innovation of artificial intelligence terminal products, with a goal of achieving an industry scale of over 300 billion yuan by 2030 [10] - A meeting was held in Chongqing to advance the construction of a regional technology innovation center, emphasizing collaboration between central and local governments to enhance technological capabilities [11] Group 4 - The Natural Resources Department announced a unified management approach for satellite navigation positioning stations, which have expanded from 3,363 to 6,951 stations, providing over ten million positioning services daily [12] - Companies such as Lida Xin and Hengtong Optoelectronics are making strategic moves, including share reductions and partnerships with research teams, while others like Ningde Times are progressing towards solid-state battery production by 2027 [14]

Core Viewpoint - *ST Zhengping's stock has experienced a significant increase of 221.93% from September 1, 2025, to November 18, 2025, leading to a serious deviation from its fundamentals and the overall market performance [2][4]. Group 1: Stock Performance and Trading Suspensions - The company announced a trading suspension starting November 19, 2025, due to abnormal stock trading activities, with an expected suspension period of no more than 10 trading days [4]. - The stock has hit the daily limit up for five consecutive trading days following its previous resumption, indicating potential irrational market behavior [4]. - The company has undergone multiple trading suspensions and reviews due to significant stock price fluctuations, raising concerns about market sentiment and speculative trading [4]. Group 2: Financial Performance and Risks - In 2024, the company reported a revenue of 1.362 billion and a net loss of 484 million, with a further loss of 99 million reported in the first three quarters of 2025 [5]. - The company faces a risk of delisting due to an inability to provide a clear audit opinion for its 2024 annual report and ongoing financial losses [5]. - The company has a high debt ratio of 92.49%, indicating significant financial strain and limited capacity for future investments [6]. Group 3: Business Operations and Future Prospects - *ST Zhengping is involved in infrastructure construction, cultural tourism, and non-ferrous metal mining, with efforts to expand into new energy and intelligent computing services [5]. - The company has obtained mining permits but faces challenges in resource extraction due to insufficient operational capacity and funding [6]. - The future development of mining resources is uncertain due to various factors, including funding limitations and market conditions [6].

| *ST正平 603843.5H 8.66 +4.97% LOCKED BELLE BECOUNTS OF | 公司公告 | | | | --- | --- | --- | --- | | 公告日期 | 标题 NATION SECTION COLLECTION COLLECTIVE POST STATUS CANADA CAST | 液晶 = = | 发布时间 | | 2025-11-19 | 62 正平股份关于股票交易风险提示登得障续壹的公告 | 停牌提示_风险提示 | 2025-11-18 18:32 | | 2025-11-12 | 行 正平股份关于股票交易停牌板盘燃票登复网的公告 | 修煉罐员 | 2025-11-11 17:33 | | 2025-10-29 | (2) 正平股份关于股票交易风险播示量得牌模量的公告 | 停增捷示_风险提示 | 2025-10-28 17:50 | | 2025-10-16 | m 正平服份关于股票交易停障板盘进票登货的公告 | 修購提示 | 2025-10-15 17:52 | | 2025-10-01 | (2) 正平股份关于股票交易风险提示量停建被查的公告 | ...

Core Viewpoint - *ST Zhengping's stock has experienced a significant increase of 221.93% from September 1 to November 18, 2025, which is substantially disconnected from its fundamentals and the performance of the Shanghai Composite Index and the construction industry [1]. Summary by Relevant Sections Stock Performance and Trading Suspension - The stock of *ST Zhengping will be suspended from trading starting November 19, 2025, for a maximum of 10 trading days due to the abnormal price fluctuations [1]. - The stock has achieved a ten consecutive trading limit up, closing at 8.66 yuan per share [1]. - This is the third trading suspension for *ST Zhengping in the past two months, with previous suspensions occurring on September 30 and October 28, 2025, due to similar reasons of abnormal trading activity [3]. Historical Price Changes - As of September 30, 2025, the stock had a cumulative increase of 101.86% from September 1, 2025, with 15 days of trading limits reached and four instances of abnormal fluctuations [3]. - By October 28, 2025, the cumulative increase had risen to 152.42%, with multiple instances of abnormal trading activity prompting another suspension [3].

格隆汇11月18日丨*ST正平(603843.SH)公布，公司股票自2025年9月1日至2025年11月18日累计涨幅达 221.93%，公司股价短期涨幅与同期上证指数、建筑行业存在严重偏离,并已严重脱离基本面。为维护投 资者利益，公司将就股票交易情况进行核查。根据《上海证券交易所上市公司自律监管指引第4号－停 复牌》《上海证券交易所股票上市规则》等相关规定，经向上海证券交易所申请，公司股票自2025年11 月19日（星期三）开市起停牌，自披露核查公告后复牌，预计停牌时间不超过10个交易日。公司提醒广 大投资者注意二级市场交易风险。 ...

每经头条（nbdtoutiao）——段睿：我与蔡磊是 "找钥匙的人"，纵使生前寻不到，也要为其他渐冻症患 者铺就近路 （记者 曾健辉） 2024年1至12月份，*ST正平的营业收入构成为：建筑业占比94.73%，服务业占比3.02%，其他业务占比 1.19%，制造业占比1.07%。 截至发稿，*ST正平市值为61亿元。 每经AI快讯，*ST正平（SH 603843，收盘价：8.66元）11月18日晚间发布公告称，为维护投资者利益， 公司将就股票交易情况进行核查。经向上海证券交易所申请，公司股票自2025年11月19日（星期三）开 市起停牌，自披露核查公告后复牌，预计停牌时间不超过10个交易日。 ...

华营建筑(01582)发布公告，应董事会要求，安永会计师事务所(安永)已同意辞任公司核数师，自2025年 11月18日起生效。 经审核委员会推荐，其已议决委任毕马威会计师事务所(毕马威)为新核数师，自2025年11月18日起生 效，以填补安永辞任后的临时空缺，任期直至下届本公司股东周年大会结束为止。 ...

经审核委员会推荐，其已议决委任毕马威会计师事务所(毕马威)为新核数师，自2025年11月18日起生 效，以填补安永辞任后的临时空缺，任期直至下届本公司股东周年大会结束为止。 智通财经APP讯，华营建筑(01582)发布公告，应董事会要求，安永会计师事务所(安永)已同意辞任公司 核数师，自2025年11月18日起生效。 ...