---
title: "Summary of announcements on the evening of October 15th | CTG DUTY-FREE's net profit for the first three quarters decreased by 25%; CSCEC, Silesia released announcements of increased holdings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/216868435.md"
description: "L'Occitane completes mandatory acquisition and will be delisted starting tomorrow, ending its 14-year listing status in Hong Kong"
datetime: "2024-10-15T13:02:13.000Z"
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  - [zh-HK](https://longbridge.com/zh-HK/news/216868435.md)
---

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# Summary of announcements on the evening of October 15th | CTG DUTY-FREE's net profit for the first three quarters decreased by 25%; CSCEC, Silesia released announcements of increased holdings

## 1\. Repurchase, Increase Holdings

**China State Construction Engineering Corporation: The controlling shareholder, China State Construction Group, plans to increase its holdings of the company's A-shares within 12 months, with a total amount of 600 million to 1.2 billion yuan.**

**Siles: As of October 15, 2024, the core team increased their holdings of the company's shares through centralized bidding transactions, totaling 1.6615 million shares, accounting for 0.11% of the total share capital, with a total increase of 152.9899 million yuan.**

Dio Micro: Completed a share repurchase of 85.354 million yuan, accounting for 1.86% of the total share capital.

Zhi Xiang Jintai: Plans to repurchase shares with an amount of 20-40 million yuan, for employee stock ownership plans or equity incentives, at a repurchase price not exceeding RMB 39.83 per share.

## 2\. Reduction of Holdings

Meili Technology: Shareholder Changjiang Capital plans to reduce its holdings by no more than 6,243,004 shares, accounting for 3% of the total share capital.

Zhonghuan Environmental Protection: Specific shareholder Anhui Gaoxin Jintong Anyi Equity Investment Fund (Limited Partnership) plans to reduce its holdings by no more than 17,198,300 shares, or no more than 4.06% of the total share capital.

Aft: Shareholders Xinwei Cornerstone and its concerted action person Ma'anshan Cornerstone plan to reduce their holdings by no more than 10,435,600 shares, not exceeding 2% of the total share capital.

Huajin Capital: Shareholder Lihe Innovation Group Limited plans to reduce its holdings by no more than 10,341,249 shares, accounting for approximately 3% of the total share capital.

Beijing Junzheng: Shareholder Wuyuefeng Jidian completed a reduction of 870,000 shares, reducing its shareholding to 8.88%.

Kanglong Huacheng: The concerted action person Xin Zhonglongcheng, holding more than 5% of the shares, plans to reduce the company's shares by no more than 16,000,074 shares, accounting for 0.90% of the total share capital after deducting repurchased shares.

Lops Gold: The controlling shareholder, Zhongyifeng Holdings, plans to reduce its holdings by no more than 202,47600 shares, not exceeding 3.00% of the total shares.

Debon Technology: Shareholder Xinyu Tai Zhong Investment Management Center (Limited Partnership) plans to reduce its holdings by no more than 2,844,800 shares, not exceeding 2% of the total share capital.

## 3\. Mergers and Acquisitions, Equity Transfers

Wenyi Technology: The controlling shareholder and its concerted action person plan to transfer 17.04% of the shares for 660 million yuan, and the actual controller of the company will change to the Hefei State-owned Assets Supervision and Administration Commission.

Hengsheng Electronics: Plans to transfer 51% equity of its wholly-owned subsidiary Jinrui Software Technology (Hangzhou) Co., Ltd. to Huibo Cloud Technology Co., Ltd., with a transaction amount of 62.6 million yuan.

**Hong Kong Stock Market**

Guangzhou Automobile Group: Signed an agreement for capital increase, reducing Guangzhou Auto Leasing's shareholding to 50%.

## 4\. Overseas Investments, Daily Operations

**Kunlun Wanwei: Cooperated with a wholly-owned subsidiary of FESCO to establish a joint venture company for artificial intelligence recruitment.**

Junshi Biosciences: The approval for the listing of Tropilimab in Hong Kong, China.

Ren Zhi Group: The company received a first-instance summons for an investor lawsuit involving an amount of 17.7429 million yuan.

Jidian Group: Plans to carry out REITs business with wind and photovoltaic power generation assets, with a total issuance size not exceeding 1.4 billion yuan **LePu Medical: Non-invasive blood glucose meter approved by NMPA.**

**Lizhu Group Announcement: Injection-grade Levonorgestrel Acetate Microspheres pass consistency evaluation.**

**Tianshun Wind Energy: Wholly-owned subsidiary Nantong Changfeng New Energy Equipment Technology Co., Ltd. signed an "Floating Storage and Offloading (FSO) EPC Construction Contract" with OceanSTAR company, with a total project amount of USD 45 million.**

**Hong Kong and US Stocks**

**L'Occitane completes mandatory acquisition and will be delisted from tomorrow, ending its 14-year listing status in Hong Kong.**

**NetEase Cloud Music: The board of directors proposes to change the company name from "Cloud Music Inc." to "NetEase Cloud Music Inc."**

**Cosco Shipping Group: No advance payment has been made for the interest on the USD 3.8 million notes due on October 26.**

**Chinalco International: Entered into a RMB 500 million capital increase agreement with Chinalco Shandong and Shandong Engineering, with each party increasing capital according to their shareholding in Shandong Engineering. The company will increase capital by RMB 300 million, Chinalco Shandong by RMB 200 million.**

**Poly Property: The board of directors has approved the proposal to implement full circulation of H shares, intending to convert a total of 193,666,690 shares of the company's domestically unlisted shares into H shares.**

## Performance Changes

**Hong Kong and US Stocks**

**UnitedHealth: Expects adjusted earnings per share for the 2023 fiscal year to be between USD 27.50 and USD 27.75, previously expected to be between USD 27.50 and USD 28.**

**Cosco Shipping Group: September contract sales amounted to RMB 1.96 billion, with cumulative sales of RMB 24.14 billion from January to September.**

**CGN New Energy: Electricity generation in September increased by 30.9% year-on-year, with wind power projects growing by 50.2%.**

**China Taiping: Expects net profit attributable to shareholders of the parent company to be between RMB 37 billion and RMB 39.4 billion for the first three quarters of 2024, a year-on-year increase of about 60% to 70%. The performance growth is mainly due to a significant increase in investment income.**

**PICC: Expects net profit attributable to shareholders of the parent company for the first three quarters of 2024 to be between RMB 33.83 billion and RMB 37.931 billion, a year-on-year increase of 65% to 85%.**

**China Property Insurance: Expects a 20%-40% year-on-year increase in net profit for the first three quarters.**

**China Southern Airlines: Passenger traffic capacity in September increased by 9.81% year-on-year, with a passenger load factor rising to 85.51%.**

**China National Building Material: Expects a loss of approximately RMB 70 million in the first nine months of this year, a significant decrease from the same period last year.**

**A-share Market**

**China Duty-Free: In the first three quarters, the company achieved operating income of RMB 43.021 billion, a year-on-year decrease of 15.38%; net profit was RMB 3.92 billion, a year-on-year decrease of 24.70%. In the first three quarters of 2024, the company's main business gross profit margin was 32.57%, an increase of 1.09 percentage points year-on-year.**

**China MCC: The company's new contract value from January to September 2024 was RMB 891.69 billion, a decrease of 9.2% from the same period last year, including a new overseas contract value of RMB 60.76 billion, an increase of 85.2% from the same period last year.** Delian Group: It is expected that the net profit for the first three quarters of 2024 will be between 77.1672 million and 87.4562 million yuan, a year-on-year increase of 50%-70%.

Zhengdan Shares: The net profit for the third quarter was 539 million yuan, a year-on-year increase of 37872.20%.

Air China: Passenger turnover in September increased by 20.0% year-on-year.

Inspur Information: The total operating income for the first three quarters was 8.041 billion yuan, a year-on-year increase of 3.65%; the net profit attributable to shareholders of the listed company was 768 million yuan, a year-on-year increase of 2.36%.

Tianyuan Shares: It is expected that the net profit for the first three quarters of 2024 will be between 43 million and 58 million yuan, a year-on-year increase of 41.34%-90.64%.

Hikvision: In the third quarter of 2024, the company achieved operating income of 2.374 billion yuan, a year-on-year increase of 78.33%; the net profit attributable to shareholders of the listed company was 672 million yuan, a year-on-year increase of 199.9%.

Changhong Technology: It is expected that the net profit for the first three quarters of 2024 will be between 75 million and 78 million yuan, a year-on-year increase of 48.42%-54.36%.

JAC Motors: It is expected that the net profit attributable to the owners of the parent company for the first three quarters of 2024 will be around 620 million yuan, a year-on-year increase of 237.08%.

Guocan Power: It is expected that the net profit attributable to shareholders of the listed company for the first three quarters of 2024 will be around 2.114-2.214 billion yuan, a year-on-year increase of approximately 85.94%-94.73%.

Shandong Weida: The net profit for the first three quarters of 2024 is expected to be between 170 million and 210 million yuan, a year-on-year increase of 63.57%-102.06%.

Lotus Holding: It is expected that the net profit attributable to shareholders of the listed company for the first three quarters of 2024 will be between 160 million and 170 million yuan, an increase of 69.15%-79.72% year-on-year.

Huqin Technology: It is expected that the net profit attributable to shareholders of the listed company for the first three quarters of 2024 will be approximately 309.4375 million yuan, a year-on-year increase of 14.40%.

LinkTech: The operating income for the first three quarters of 2024 was 1.6454 billion yuan, a year-on-year increase of 15.59%; the net profit was 199.8 million yuan, a year-on-year increase of 75.89%.

Samsung Medical: A wholly-owned subsidiary, Samsung Brazil, won the bid for the Brazil CEMIG AMI Phase 3 smart meter general contracting project, with a total contract amount of 108 million Brazilian reais, approximately 137 million yuan.

Zhengfan Technology: It is expected that the net profit attributable to the owners of the parent company for the first three quarters of 2024 will be between 32.5 million and 33.9 million yuan, a year-on-year increase of 20% to 25%.

Jingchen Shares: It is expected that the net profit attributable to the owners of the parent company for the first three quarters of 2024 will be around 594 million yuan, a year-on-year increase of approximately 89.32%.

Keytech: The operating income for the first three quarters of 2024 was 1.162 billion yuan, a year-on-year increase of 16.16%; the net profit was 159 million yuan, a year-on-year increase of 75.34% Xichang Electric: It is expected that the company will achieve a net profit attributable to shareholders of the listed company of approximately RMB 5 million in the first to third quarters of 2024, a decrease in losses of approximately RMB 37 million compared to the same period last year.

Jinmolybdenum Performance Express: The net profit for the first three quarters decreased by 6.07% year-on-year.

Shenghui Integration: As of September 30, 2024, the company's order backlog was RMB 1.827 billion (excluding tax), an increase of 11.97% compared to the same period last year.

Shuobeide: The net profit for the first three quarters of 2024 is expected to be between RMB 3.6 million and RMB 4.6 million, turning losses around year-on-year. The company's various businesses are gradually improving, and asset impairment has decreased compared to the same period last year.

Jiejie Microelectronics: It is expected that the net profit for the first three quarters of 2024 will be between RMB 313.5642 million and RMB 356.323 million, a year-on-year increase of 120% to 150%

### Related Stocks

- [CSCEC (601668.CN)](https://longbridge.com/en/quote/601668.CN.md)
- [CTG DUTY-FREE (601888.CN)](https://longbridge.com/en/quote/601888.CN.md)
- [CTG DUTY-FREE (01880.HK)](https://longbridge.com/en/quote/01880.HK.md)

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