A-Share Announcement Highlights | Seres ( 601127.SH ) March New Energy Vehicle Sales 22,706 Units, Up 20.74% Year-on-Year

Log in to the Sina Finance app and search 【Information Disclosure】 to view more assessment tiers

Today’s Focus

1, Seres: March new energy vehicle sales of 22,706 units, up 20.74% year over year

Seres released an announcement stating that in March 2026, its new energy vehicle production was 22,802 units, up 17.81% year over year; sales were 22,706 units, up 20.74% year over year; of which Seres Vehicle production was 20,598 units, up 38.92% year over year; and sales were 20,234 units, up 47.74% year over year.

2, Laplace responds to rumors of “winning the Tesla solar photovoltaic project Phase II”: As of now, the company has not obtained the relevant orders

Laplace announced that recently, the company noticed that certain media had published reports about the company “winning the Tesla solar photovoltaic project Phase II, with an order size of nearly 10 billion yuan.” To prevent the relevant information from misleading the broad investing public, the company clarifies the rumors as follows: After verification, as of now, the company has not obtained the relevant orders. The company has no undisclosed material information that should be disclosed. If subsequent developments reach information disclosure standards, the company will strictly fulfill its information disclosure obligations in accordance with relevant laws and regulations.

3, E-Bon Beverage: Plans to repurchase the company’s shares for RMB 1 billion to RMB 2 billion

E-Bon Beverage announced that it plans to repurchase the company’s A-share stock through centralized bidding from RMB 1 billion to RMB 2 billion, with a repurchase price not exceeding RMB 248 per share. Of this, it plans to use RMB 900 million to RMB 1.8 billion to repurchase the corresponding shares (approximately 3.629 million shares to 7.2581 million shares, accounting for no less than 90% of the total number of repurchased shares) for the purpose of reducing registered capital; the remaining RMB 100 million to RMB 200 million to repurchase the corresponding shares (approximately 0.4032 million shares to 0.8065 million shares, accounting for no more than 10% of the total number of repurchased shares) for an employee stock ownership plan and/or equity incentives.

4, New Hope: The CSRC has approved the registration reply for a stock issuance to specific targets

New Hope announced that it recently received a reply from the China Securities Regulatory Commission (CSRC) approving registration for New Hope Liuhe Co., Ltd.’s issuance of shares to specific targets. The reply approves the company’s registration application for issuance to specific targets and requires the company to implement it strictly in accordance with the filing documents submitted to, and the issuance plan filed with, the Shenzhen Stock Exchange. This reply is valid for 12 months from the date of approval of registration. The board of directors of the company will handle the relevant matters in accordance with regulations and timely fulfill its information disclosure obligations.

5, Huayi Brothers: Debt overdue of RMB 56.40 million and accounts frozen

Huayi Brothers announced that due to the impact of the economic situation, the company faced tight liquidity because repayment funds did not arrive as scheduled, resulting in a phase of overdue debts. As of April 1, 2026, the company’s overdue debts totaling RMB 3.63M with banks and other financial institutions were in arrears, exceeding 10% of the audited net assets for 2024. In addition, some bank accounts of the company and its subsidiaries are frozen, involving the basic and general accounts of multiple banks; however, this will not have a material impact on the company’s day-to-day production and operations, and it does not involve situations in which major bank account numbers are frozen. The company will actively negotiate for the continuation of loans, promote asset disposal to optimize resource allocation, and safeguard shareholders’ rights in accordance with law.

6, Joyoung? (E.g., “喜临门”): The actual controller, Chen Aiyu, is filed for suspected violations in information disclosure

Joyoung? (Lifesteam?) announced that the company’s actual controller, Chen Aiyu, recently received an “Notice of Filing for Investigation” issued by the CSRC. Because he is suspected of violating laws and regulations related to information disclosure, the CSRC has decided to file a case for investigation against Chen Aiyu. The company will strictly fulfill its information disclosure obligations in accordance with regulatory requirements, and reminds investors to rely on information from designated disclosure media and make prudent decisions.

7, SAIC Motor: 2025 net profit of RMB 56.4M, up 506.45% year over year

SAIC Motor announced that the company published its 2025 annual report, achieving operating revenue of RMB 10.11B, up 5.22% year over year; net profit attributable to shareholders of listed companies was RMB 646.15B, up 506.45% year over year. The company plans to distribute cash dividends of RMB 2.66 per 10 shares (including tax), totaling RMB 1.47B. No capital reserve-to-share bonus will be conducted this time.

8, Guanghua Technology: Director Cai Wen filed for suspected insider trading

Guanghua Technology announced that on March 31, 2026, its director and senior management Cai Wen received an “Notice of Filing for Investigation” issued by the CSRC, and the CSRC decided to file a case for investigation against her for suspected insider trading. This filing investigation is about Cai Wen’s personal case and is unrelated to the company’s daily operation and management and business activities, and it does not involve this company’s stock trading. Cai Wen is currently still performing her duties normally at the company and stated that she will actively cooperate with the CSRC’s investigation. The company will continue to monitor the progress of the above matter and timely fulfill its information disclosure obligations.

9, Zhenai Meijia: Offer to acquire the company’s shares from Guangzhou Tanji Yuanding Technology Partnership (Limited Partnership)

Zhenai Meijia announced that Guangzhou Tanji Yuanding Technology Partnership (Limited Partnership) issued a partial tender offer to all other shareholders other than the acquirer. The planned number of shares to be acquired is 21.6 million shares, accounting for 15.00% of the company’s total share capital. The tender offer price is RMB 27.74 per share.

10, Hu Dian Shares: Plans to invest about RMB 6.8 billion to build PCB manufacturing projects and supporting facilities

Hu Dian Shares announced that the company’s 17th meeting of the eighth board of directors reviewed and approved a proposal titled “Regarding the approval of signing an investment agreement and the construction of PCB manufacturing projects and supporting facilities.” The company plans to invest in building PCB manufacturing projects and their supporting facilities, with a total planned investment of approximately RMB 6.8 billion, funded by self-owned funds or raised funds. The company will authorize management to sign the relevant investment agreement with the Management Committee of Kunshan High-tech Industrial Development Zone and handle implementation matters. This project aims to expand capacity, meet demand in areas such as high-speed computing servers and next-generation high-speed network switches, and is expected not to have a material impact on the company’s operating performance for 2026.

11, Tian Ci Materials: Wholly-owned subsidiary Jiujiang Tian Ci sues 12 parties for claims of RMB 1.47B

Tian Ci Materials announced that its wholly-owned subsidiary, Jiujiang Tian Ci High-Tech Materials Co., Ltd., as the plaintiff, filed a civil lawsuit in the Guangdong Provincial Higher People’s Court regarding a dispute over infringement of commercial secrets; the court has filed the case for acceptance. This lawsuit involves 12 defendant parties, including Shenzhen Yan Yi New Materials Co., Ltd., Zhejiang Yan Yi New Energy Technology Co., Ltd., and so on. The plaintiffs allege that the defendants obtained its commercial secrets such as the production technology of lithium hexafluorophosphate liquid and lithium bis(fluorosulfonyl)imide through means including theft and illegal copying, and used them in the related projects. The company requests that the court order the defendants to stop the infringement, destroy the infringing equipment and materials, and jointly compensate for economic losses of RMB 50.29M. The announcement states that because the wholly-owned subsidiary as plaintiff asserts rights, it is expected not to have a direct negative impact on the listed company’s current profit and loss; however, the case has not yet been heard, and the final outcome remains uncertain.

12, Jereh Shares: Signs a sales contract for gas turbine generator sets of about RMB 2.08 billion, to be applied in data center power supply

Jereh Shares announced that its wholly-owned subsidiary, GenSystemsPowerSolutionsLLC, signed a sales contract for gas turbine generator sets with a customer in the United States. The contract amount is USD 301 million (about RMB 2.08 billion), accounting for 15.58% of the company’s audited operating revenue for 2024. The batch of products will be used in data center power supply. The delivery period is until the end of 2027. This contract is the sixth sales contract for gas turbine generator sets that the company has signed with U.S. customers since November 2025. The counterparty is the company’s fifth customer in the U.S. with whom it has recently collaborated.

13, Zhuhai Zhongfu: Currently planning a non-public share issuance that may lead to a change in control; trading will be suspended starting tomorrow

Zhuhai Zhongfu announced that the company is currently planning a non-public issuance of A-share stock to specific targets, which may lead to a change in the company’s control. To protect investors’ interests and avoid abnormal stock price fluctuations, the company’s shares will be suspended from trading from the market open on April 2, 2026. The expected suspension period will not exceed 2 trading days. At present, all parties are discussing and negotiating the specific plan and agreements. The details will be subject to the final signed agreement. During the suspension period, the company will promptly fulfill its information disclosure obligations. Trading will resume once the matter is determined.

14, Gansu Energy & Chemical: Plans to purchase 100% equity interest in Jinchang Chemical; stock trading suspended

Gansu Energy & Chemical announced that the company is currently planning to purchase 100% equity interest in Gansu Energy & Chemical Jinchang Energy & Chemical Development Co., Ltd. held by Gansu Energy Chemical Investment Group Co., Ltd. by issuing shares and paying cash, and to raise supporting funds. The company’s stock will be suspended from trading starting from the market open on April 2; convertible corporate bonds will be suspended simultaneously and conversion will be paused. The company expects to disclose the transaction plan within no more than 10 trading days.

15, Nentech Technology: CSRC has filed a case for suspected violations of information disclosure laws and regulations

Nentech Technology announced that it received an “Notice of Filing for Investigation” issued by the CSRC. Because it is suspected of violating laws and regulations regarding information disclosure, the CSRC decided to file a case for investigation against the company in accordance with laws and regulations. Currently, all of the company’s production and operations are normal and orderly. During the investigation, the company will actively cooperate with the CSRC’s investigation and strictly fulfill its information disclosure obligations in a timely manner in accordance with relevant laws, regulations, and regulatory requirements.

Risk Warning for Volatile Stocks

1, Baihua Pharmaceutical: Company is planning a change in control; trading will continue suspended

2, Meihu Shares: Terminated investment and construction of North America Mexico production base project

3, *ST Huicheng: Signed restructuring financial investment agreements with Zhi’en Biology, etc.

4, SanNuo Bio: European court upholds the interim injunction, prohibiting sales of GlucoMen iCan products

5, ST Dongshi: Dongshi bonds cannot repay principal and interest; the last trading day is April 2

Important Company Performance Snapshot

1, BAIC BluePark: March Beijing new energy vehicle production of 18,652 units, up 61.50% year over year

2, Guangzhou Port: Expected to complete cargo throughput of 7.88B tons in March, up 0.9% year over year

3, One Net One Create: For 2025, plans to distribute cash of RMB 1.4 per 10 shares

4, Hongfa Shares: 2025 net profit up 7.76% year over year

5, Dalian Heavy Industry: 2026 Q1 net profit year over year expected to increase by 12.57%–27.06%

6, Cinda Real Estate: 2025 net profit loss of RMB 1.2B

7, China International Trade & Investment: 2025 net profit of RMB 77.76M, down 4.76% year over year

8, Tangshan Port: Expected cumulative cargo throughput of 60.2211 million tons, up 5.23% year over year

Repurchase & Share Increase/Reduction

1, Xindian Software: Chairman proposes to repurchase shares of RMB 50 million to RMB 100 million

2, Suzhou Great Power Electronic Materials: Controlling shareholder Suzhou Tongbo plans to increase its holdings by RMB 50 million to RMB 100 million

3, Blufire Medical: Director and actual controller Li Zhenping plans to increase holdings of no less than RMB 20 million

4, Yinsai Zhilians: Plans to acquire 12% equity interest in an intelligent vehicle platform

5, Hangyu Technology: Has reduced holdings by 0.03%; plans to further reduce holdings by 0.36%

6, Jingji Intelligent Agriculture: Plans to transfer equity interest of its subsidiary hotel management company and sign a supplemental agreement

7, Fangbang Shares: Gao Qiang, Wang Zuokai, and Wang Youtao plan to reduce holdings by 0.0084%, 0.0101%, and 0.0091%, respectively

8, Sanjiang Shopping: Shareholder Alibaba Zeti plans to reduce holdings by no more than 2%

9, Dongwei Technology: Director Wei Yongjun plans to reduce holdings by no more than 0.50%

10, Kombot: Zhang Wei, Chen Qingyue, and YinHui International have all completed their share reductions

11, Kaizhong Shares: Shareholder Yang Yingtong plans to reduce holdings by no more than 0.56%

12, Juhesun: Employee director Fu Yongbin has reduced holdings by 0.0055%

13, Zhejiang Digital Culture: Multiple senior executives’ total increase in holdings of 0.0045%

14, Guoxin Technology: Shareholders plan to reduce their holdings in total by no more than 1.5%

Signing Big Deals

1, Hu Qin Technology: Signed a sales contract for special functional materials for aircraft engines worth RMB 103 million

2, Weisheng Information: Won a bid totaling RMB 24.0231 million for State Grid Hunan and Tianjin power projects

3, Tigao Pharmaceutical: At the start of the year, signed a strategic cooperation agreement with a certain global leading MNC

4, Jinzhi Technology: Won bids totaling RMB 1.04B

5, Jinan Intelligent: Won a bid for a State Grid procurement project worth approximately RMB 63.0382 million

6, Cenzh Rubber: Plans to invest RMB 1.041 billion to build a tire production base project in Vietnam

7, Kanglong Chemical: Production line for commercialized formulations has started operations, securing orders from an international big pharma company; gross margin for small-molecule CDMO is expected to improve

8, Ningbo Construction Engineering: A consortium led by its controlling subsidiary won a bid worth RMB 601 million for the construction project of a plot in Fenghua District

9, Jigaofazhan: A wholly-owned subsidiary signed a procurement contract for 6,300 tons of rebar

This article is republished from Tencent’s Select Stocks; Zhitong Finance edited by Chen Wenfang.