Group 1 - Fengcai Technology is conducting an H-share issuance with a maximum price of 120.50 HKD per share, aiming to raise funds for its specialized chip business [1] - The global offering consists of 16.3 million shares, with 1.63 million shares available for public offering in Hong Kong [1] - Zijin Mining plans to acquire the Raygorodok gold mine project in Kazakhstan for 1.2 billion USD, enhancing its resource portfolio [1][2] Group 2 - Mindray Medical's shareholder plans to reduce holdings by up to 5 million shares, approximately 0.41% of the total share capital, due to personal funding needs [3] - Degute is planning to acquire control of Haowei Technology through a combination of cash and share issuance, leading to a temporary suspension of its stock [4] - New Dairy's controlling shareholder intends to reduce its stake by up to 3% of the total share capital, also for funding purposes [5] Group 3 - Yueyang Xinchang has resumed production after completing maintenance on its main production facilities, positively impacting its operations [6] - Chengdu Xian Dao has terminated its major asset restructuring plan due to failure to reach agreement on key terms [7] - Maglev Technology's shareholder plans to reduce its stake by up to 3% of the total share capital for personal financial arrangements [9] Group 4 - Zhongyan Dadi announced a cash dividend of 2.82 CNY per 10 shares and a capital increase of 3.99 shares per 10 shares [10] - Yunda Co. plans to distribute a cash dividend of 0.6 CNY per 10 shares, totaling approximately 47.22 million CNY [12] - Victory Co. intends to distribute a cash dividend of 0.42 CNY per 10 shares, amounting to around 36.06 million CNY [13] Group 5 - Shagang Group has invested 2.67 billion CNY in financial products while planning to use up to 8 billion CNY of idle funds for further investments [14] - Jiuyuan Yinhai's subsidiary won an 8.43 million CNY project contract, constituting a related party transaction [15] - China Railway Signal & Communication has announced the resignation of a board member due to personal reasons [16] Group 6 - China Rare Earth clarified that recent management changes have not affected its operations, ensuring stability in production [17] - Qixiang Tengda plans to conduct routine maintenance on its 60,000-ton acetone plant for 60 days to enhance operational safety [19] - ST King Kong's subsidiary signed a 399 million CNY contract for computing power services, indicating growth in its service offerings [20] Group 7 - Ziguang Guowei repurchased 775,500 shares for approximately 49.62 million CNY, reflecting confidence in its market position [22] - Qin Port's major shareholder plans to reduce its stake by up to 2% of the total share capital for development needs [22] - Longqi Technology has submitted an application for H-share issuance and listing on the Hong Kong Stock Exchange, expanding its market presence [24]

广电电气：全资子公司拟出售参股公司股权 5月27日晚，广电电气（601616）发布公告称，全资子公司上海广电电气集团投资管理有限公司拟将其 持有的参股公司上海赢双电机科技股份有限公司5.91%的股权转让给亚普汽车部件股份有限公司，交易 对价为6263.32万元。此次交易完成后，公司仍持有赢双科技2.9974%的股权。该交易旨在优化公司资产 结构。 资料显示，广电电气成立于1995年12月，主营业务是配电与控制设备的研发、制造、销售及服务。 所属行业：电力设备–电网设备–配电设备 皖天然气：超短期融资券和中期票据获准注册 5月27日晚，皖天然气（603689）发布公告称，公司近日收到中国银行间市场交易商协会出具的《接受 注册通知书》，同意公司注册发行超短期融资券和中期票据。超短期融资券注册金额为5亿元，中期票 据注册金额为6亿元，注册额度有效期均为2年。公司将在规定期限内择机发行。 资料显示，皖天然气成立于2003年2月，主营业务是安徽省内天然气长输管线的投资、建设和运营、销 售贸易、城市燃气、设施安装以及综合能源等业务。 所属行业：公用事业–燃气Ⅱ–燃气Ⅲ 华润双鹤：全资子公司安徽双鹤药业通过GMP符合性检查 ...

证券研究报告 公用事业 | 燃气Ⅱ 非金融|公司点评报告 hyzqdatemark 2025 年 04 月 29 日 证券分析师 查浩 SAC：S1350524060004 zhahao@huayuanstock.com 刘晓宁 SAC：S1350523120003 liuxiaoning@huayuanstock.com 市场表现： | 基本数据 | 年 | 04 | 月 28 | 日 | | 2025 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 收盘价（元） | | | 6.43 | | | | | | 内 高 | | | 8.30/6.15 | | / | | | | （元） | | | | | | | | | 总市值（百万元） | | | 18,497.44 | | | | | | 流通市值（百万元） | | | 18,497.44 | | | | | | 总股本（百万股） | | | 2,876.74 | | | | | | 资产负债率（%） | | | 58.76 | | | | | | 每股净资产（元/股） | | | 5.41 ...

公司报告 | 年报点评报告 陕天然气（002267） 证券研究报告 24 年业绩同比+33%符合预期，分红稳步提升 公司发布 2024 年年报及 2025 年一季报 销气量快速增长，长输管道板块毛利率明显提升 公司天然气输气量 130.17 亿立方米，同比+20.26%；其中长输管道销售 115.44 亿方，同比+18.86%，主要原因系 2024 年 10 月 31 日，公司完成对 陕西燃气集团有限公司天然气管输资产及业务的收购，长输管道气量增长 显著。城市燃气板块销售 14.7 亿方，同比+32.5%，主要因为公司加大市场 开发。长输管道行业毛利率 19.77%，同比+3.63pct，城市燃气行业毛利率 7.3%，同比-1.17pct。 全国长输天然气管道快速发展，公司因地制宜加快省内建设 2024 年，我国能源供应与保障能力也进一步提升，西气东输三线中段（中 卫—枣阳）、西气东输四线等重点项目正稳步推进，预计全年建成天然气管 道 4000 余公里。陕西省积极响应国家政策，要求各资源企业加大油气勘探 开发力度，陕西省天然气产量连年稳居全国第一，全省天然气消费量也在 逐年增加，仍需配套长输管道将天然气输送至 ...