Group 1 - The company Haosheng Electronics (838701.BJ) announced a plan to reduce shareholdings by its employee stock ownership platform, with Jiaxing Meihe Investment Partnership planning to reduce 980,000 shares (1.0000% of total shares) and Jiaxing Meixing Investment Partnership planning to reduce 350,000 shares (0.3571% of total shares) [1] - The reduction plan will take place within three months after the initial disclosure date and will be executed through centralized bidding or block trading [1] - The actual controller of the company, Chen Meilin, is also the managing partner of the reducing entities, making them acting in concert with him [1] Group 2 - Haosheng Electronics was listed on the Beijing Stock Exchange on July 19, 2023, with an issuance price of 8.80 yuan per share [2] - The total number of shares issued was 24.5 million (excluding the overallotment option), with a total fundraising amount of 215.6 million yuan, netting 192.72 million yuan after deducting issuance costs [2] - The company plans to use the raised funds for expanding production capacity for micro-receivers, micro-speakers, and integrated modules, as well as for working capital [2]

Group 1 - The core viewpoint emphasizes the importance of enterprises as the main body of the market, highlighting that the economy thrives when enterprises are active [1] - Despite a positive trend in the economy, challenges such as insufficient domestic demand and operational difficulties for some enterprises are acknowledged [1] - Various measures have been deployed from central to local levels to support enterprises in overcoming challenges [1] Group 2 - In Shandong, the XinYue Chemical Group has seen significant production growth, with a monthly output of over 20,000 tons, attributed to strong demand and operational efficiency [2][4] - The local government has facilitated over 1 billion yuan in financing loans for XinYue Chemical Group to support technological upgrades and project expansions [4] - The company plans to expand its production capacity by 350,000 tons by 2026 to double its foreign trade share [6] Group 3 - In Hebei, the TianShan Ceramics Company received 10 million yuan in loans after being recognized as a "specialized, refined, and innovative enterprise," demonstrating effective government support [8] - The Ministry of Science and Technology is promoting an "innovation points system" to better allocate financial resources to technology-based SMEs, with a guarantee scale exceeding 38 billion yuan [8] Group 4 - Dongguan's government is actively supporting local enterprises in transitioning from export to domestic sales, with initiatives like the "Dongguan Quality Products" platform [10][13] - The government has introduced 30 measures to enhance market access, financial services, and improve the business environment for enterprises [15] Group 5 - Jiangxi JiaShite CNC Co., Ltd. has developed a CNC machine tool capable of precision machining at a level of 0.4 microns, showcasing advancements in technology and innovation [19][21] - The integration of AI technology in manufacturing is enhancing productivity and competitiveness across various industries [23]

Macro News - The People's Bank of China and the State Administration of Foreign Exchange have proposed a unified foreign currency management policy for funds raised by domestic companies through overseas listings, allowing for the repatriation of funds in either foreign currency or RMB [1] - Major state-owned banks have collectively lowered deposit rates, with one-year fixed deposit rates falling below 1% for the first time, prompting a shift in savings behavior among younger generations towards alternative investment options like money market funds, bond funds, and gold [1] Financial Sector - The China Securities Regulatory Commission has approved the first batch of 26 new floating-rate funds, reflecting a commitment to reform public funds and align fund company income with investor returns [5] - Hong Kong's new stock fundraising has exceeded HKD 76 billion this year, marking a more than sevenfold increase compared to the same period last year, indicating a robust IPO market [6] Company News - The "Fujian Times Zeyuan Equity Investment Fund Partnership" has completed its establishment with a total scale of CNY 10.128 billion, with the investment focus on new energy and high-end manufacturing sectors [12] - The State Administration for Market Regulation has drafted a guideline to regulate the charging behaviors of online trading platforms, aiming to protect the rights of platform operators and ensure fair practices [9] Regulatory Actions - The National Internet Information Office has closed several accounts and websites that disseminated false information about the capital market and engaged in illegal stock recommendations, highlighting ongoing efforts to maintain market integrity [10][11]

Core Viewpoint - Several A-share companies are set to remove their delisting risk warnings, indicating improvements in their financial health and operational focus [2][8][11]. Group 1: Company Announcements - *ST农尚 will have its delisting risk warning removed and will change its name to "农尚环境" effective May 23, 2025, after a one-day suspension on May 22 [2][8]. - *ST金时 will also remove its delisting risk warning and change its name to "金时科技" effective May 23, 2025, following a one-day suspension on May 22 [10][11]. - ST世龙 will remove its other risk warning and change its name to "世龙实业" effective May 22, 2025, after a one-day suspension on May 21 [4][6]. Group 2: Financial Performance and Compliance - ST世龙 reported that its financial statements for 2019 and 2020 contained false records, leading to administrative penalties, but has since corrected these errors and received a standard unqualified audit report for 2024 [5][6]. - *ST农尚's 2024 revenue was reported at 2.18 billion, with a net asset value of 5.24 billion, allowing it to meet the conditions for removing the delisting risk warning [9]. - *ST金时's 2024 financials showed a total profit of 349.33 million, but a net loss of 1.62 billion, with a revenue of 370 million, prompting strategic asset restructuring to enhance operational capacity [12][13].

Core Points - The document outlines the management measures for the shareholding and changes of shares held by directors and senior management of Shenzhen Boshuo Technology Co., Ltd. [1] - The measures are established in accordance with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [1][2] - The document specifies the periods during which directors and senior management are prohibited from buying or selling company shares [1][2] Summary by Sections Shareholding Management - The shares held by directors and senior management include those registered in their names and those held through others' accounts, as well as shares in their credit accounts if engaged in margin trading [1] - Directors and senior management cannot transfer shares within one year of the company's stock listing or within six months after leaving the company [2] Transfer Restrictions - Specific conditions under which shares cannot be transferred include ongoing investigations by regulatory bodies or pending administrative penalties [2] - The maximum number of shares that can be transferred annually is limited to a certain percentage of their total holdings, with exceptions for small holdings [3] Reporting and Disclosure - Directors and senior management must report their share transfer plans to the Shenzhen Stock Exchange 15 trading days before selling shares, including details such as the number of shares and the reason for the transfer [4][5] - Any changes in shareholding must be reported within two trading days, detailing the number of shares before and after the change [5][6] Compliance and Accountability - The document emphasizes the responsibility of directors and senior management to ensure the accuracy and timeliness of their reported data [7] - The company secretary is tasked with managing the data and information related to the shareholdings of directors and senior management [7][8] Effective Date - The management measures will take effect upon approval by the company's board of directors [8]

《自律监管指引第 2 号》等法律法规、规范性文 件规定的禁止实施员工持股计划的情形。 《自律监管指引第 2 号》等有关 法律法规、规范性文件的规定，不存在摊派、强行分配等方式强制员工参加员工 持股计划的情形，不存在损害公司及全体股东利益的情形。本员工持股计划已通 过职工代表大会依法充分征求员工意见，董事会、监事会审议本员工持股计划时， 关联董事、关联监事已根据相关规定回避表决，公司审议本员工持股计划的决策 程序合法、有效。 等相关法律法规、规范性文件规定的持有人条件，符合本员工持股计划规定的持 有人范围，其作为公司本员工持股计划持有人的主体资格合法、有效。 改善公司治理水平，提高职工的凝聚力和公司竞争力，调动员工的积极性和创造 性，促进公司长期、持续、健康发展。 综上，监事会认为公司实施 2025 年员工持股计划不会损害公司及全体股东 的利益，有利于公司的可持续发展，同意实施 2025 年员工持股计划。 深圳市博硕科技股份有限公司 监事会关于公司 2025 年员工持股计划相关事项的核查意见 深圳市博硕科技股份有限公司（以下简称"公司"）监事会根据《中华人民 共和国公司法》 《中华人民共和国证券法》 《关于上市 ...

Group 1 - The core point of the news is that *ST Yushun (002289.SZ) announced a significant stock price increase of 204.18% from March 31, 2025, to May 20, 2025, leading to a temporary suspension of trading to investigate the stock's volatility [1] - The company has a market capitalization of 4.075 billion yuan and a current stock price of 14.54 yuan [1] - The stock will be suspended from trading starting May 21, 2025, for a period not exceeding three trading days, pending the results of the investigation [1] Group 2 - On April 22, 2025, *ST Yushun projected a negative net profit for the fiscal year 2024, with a loss estimate between 19 million to 26.3 million yuan, which may lead to a delisting risk warning [4] - The company announced a one-day trading suspension on April 30, 2025, and resumed trading on May 6, 2025, with a new stock abbreviation of "*ST Yushun" due to the delisting risk warning [4] - Following the resumption of trading, *ST Yushun's stock hit the daily limit up [4]

Core Insights - The Chinese economy is showing resilience, attracting long-term capital into the A-share market, with net purchases exceeding 200 billion yuan this year [2][3] - There is a growing global consensus on the upward revaluation of Chinese assets, driven by strong GDP growth [3] - The Ministry of Industry and Information Technology emphasizes the need to maintain stable growth in the manufacturing sector and expand employment capacity [4] Group 1: Market Trends - As of May 19, 2023, long-term funds such as social security and insurance have net bought over 200 billion yuan in A-shares, indicating a positive cycle of capital inflow and market stability [2] - In April, foreign investment in domestic stocks turned into net purchases, reflecting a favorable sentiment towards Chinese assets [5] Group 2: Economic Indicators - China's GDP growth in the first quarter outpaced that of other major economies, reinforcing the narrative of a stable and robust Chinese economy [3] - The Ministry of Industry and Information Technology is implementing policies to support key industries and enhance employment through technological upgrades and new industry cultivation [4] Group 3: Foreign Investment - In April, non-bank sectors saw a net inflow of 17.3 billion USD, with significant contributions from resilient foreign trade and increased foreign investment in domestic bonds [5][8] - As of the end of April, foreign institutions held 4.44 trillion yuan in the interbank bond market, accounting for 2.7% of the total [8] Group 4: Corporate Developments - Huawei launched the world's first Harmony OS laptop, priced from 7,999 yuan, indicating a push into innovative technology products [9] - Several companies are undergoing significant changes, including acquisitions and stock repurchases, reflecting active corporate strategies in the current market environment [11]

Group 1 - China Construction Bank and China Merchants Bank have lowered their deposit rates, with the one-year fixed deposit rate dropping below 1% [2] - The new rates for China Construction Bank include a 5 basis point reduction for current deposits to 0.05%, and a 15 basis point reduction for fixed deposits across various terms [2] - The adjusted rates for fixed deposits are now 0.65% for three months, 0.85% for six months, 0.95% for one year, and 1.05% for two years [2] Group 2 - Huawei has launched its first Harmony OS foldable laptop, the HUAWEI MateBook Fold, which is the world's largest foldable screen laptop at 18 inches [4] - Huawei expects that by the end of this year, its Harmony OS laptops will support over 2,000 integrated ecological applications [4] Group 3 - Moody's has downgraded the credit rating of the United States by three levels, citing high debt levels as a concern [6] - The Chinese Foreign Ministry has urged the U.S. to adopt responsible policy measures to maintain the stability of the international economic and financial system [6] Group 4 - The Ministry of Finance of China has announced operations to support the market-making of government bonds to enhance liquidity in the secondary market [8] - This initiative aims to improve the yield curve of government bonds reflecting market supply and demand [8] Group 5 - The National Development and Reform Commission has announced a reduction in domestic gasoline and diesel prices by 230 yuan and 220 yuan per ton, respectively, effective from May 19 [10][11] Group 6 - The Shanghai Municipal Human Resources and Social Security Bureau has launched a plan to train 50,000 certified live-streaming talent from 2025 to 2027 [13] - The plan aims to expand training services and optimize the structure of live-streaming talent in the city [13] Group 7 - Guizhou Moutai has approved a profit distribution plan for the 2024 fiscal year, proposing a cash dividend of 276.24 yuan per 10 shares, totaling 34.672 billion yuan [22]

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