--- title: "Lanfu Information 2026.05.20" type: "News" locale: "en" url: "https://longbridge.com/en/news/287135474.md" description: "The National Development and Reform Commission released the \"Legal Protection for the Private Economy\" action plan, aimed at optimizing the development environment. In April, the total electricity consumption of society increased by 6.0% year-on-year. The goal of Zhejiang Province is to build a world-class modern international metropolis. Several companies, such as *ST Bauing Decoration and STO, released positive news, while some companies, like General Elevator, face the risk of reduction in holdings" datetime: "2026-05-21T00:41:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287135474.md) - [en](https://longbridge.com/en/news/287135474.md) - [zh-HK](https://longbridge.com/zh-HK/news/287135474.md) generator: "portal-rs" --- # Lanfu Information 2026.05.20 **I. Important Information** 1. The National Development and Reform Commission issued the "Legal Protection for the Private Economy" action plan, which proposes to deepen the implementation of special actions to optimize the development environment. It aims to solidly carry out the cleaning and rectification of market access barriers and systematically address prominent issues in the bidding and tendering field, ensuring that private economic organizations can participate fairly in market competition. 2. Data from the National Energy Administration shows that in April, the total electricity consumption of society reached 820.5 billion kilowatt-hours, a year-on-year increase of 6.0%; the electricity consumption of the high-tech equipment manufacturing industry was 105 billion kilowatt-hours, a year-on-year increase of 10.1%. **II. Zhejiang News** 1. On May 19, at the "Starting the 14th Five-Year Plan and Advancing on a New Journey" press conference in Hangzhou, it was revealed that the overall goal for Hangzhou during the 14th Five-Year Plan period is to achieve decisive progress in building a world-class socialist modern international metropolis through five years of unremitting efforts, playing a leading role in the province's high-quality development and the construction of a common prosperity demonstration zone. 2. At the Zhejiang Provincial Seed Industry Revitalization Promotion Conference held on May 19, it was stated that during the 14th Five-Year Plan period, Zhejiang will accelerate the construction of a strong modern seed industry province and a province with distinctive varieties, achieving multiple nationally leading and globally influential landmark results. **III. Positive News** \*ST Bauing: The delisting risk warning and other risk warnings have been lifted, and the stock abbreviation has been changed to "Bauing Decoration". \*ST Sunshine: The delisting risk warning will be lifted starting May 21, and the securities abbreviation will be changed to Sunshine Co., Ltd. STO: In April, the revenue from express delivery services was 5.379 billion yuan, a year-on-year increase of 30.62%. Hanyu Pharmaceutical: Signed a framework agreement for the sale of peptide raw materials, with a planned sales amount of no less than 327 million yuan. SF Holding: In April, the total revenue from express logistics, supply chain, and international business increased by 6.11% year-on-year. YTO Express: In April 2026, the revenue from express products increased by 5.49% year-on-year. Tianyang Technology: Signed a contract for the construction and operation of an aviation internet project. **IV. Negative News** General Elevator: The actual controller and some directors and executives plan to reduce their holdings by no more than 3.21%. DaiLe New Materials: The actual controller Duan Zhiming plans to reduce his holdings by no more than 3%. Longyang Electronics: The controlling shareholder and its concerted parties plan to reduce their holdings by no more than 2%. Fuxiang Co., Ltd.: Specific shareholder Yu Wenjun plans to reduce his holdings by no more than 2.45%. Jinfu Technology: Shareholder Sail New Energy plans to reduce its holdings by no more than 3%. Qiangrui Technology: The controlling shareholder plans to reduce its holdings by no more than 1.93%. Northeast Securities: The controlling subsidiary received a lawsuit due to manipulating the futures market. Anfu Technology: Shareholder Hefei Rongxin plans to reduce its holdings by no more than 2%. Kent Catalysis: Shareholders Yida Specialized and Yida Results plan to reduce their holdings by no more than 3%. China Merchants Energy Shipping: Received the "Administrative Supervision Measures Decision" from the Shanghai Regulatory Bureau. Yishitong: Huaiyuan New Vision plans to reduce its holdings in the company by no more than 1% **5\. Executive Changes** Xinghu Technology: Chairman Liu Libin has resigned. China Telecom: Elected Ke Ruiwen as Chairman. Western Gold: Vice Chairman Yang Shengrong has resigned. **6\. Asset Changes** Darui Electronics: Plans to acquire 70% equity of Dongguan Yunhong, a company specializing in air-cooled and liquid-cooled heat dissipation, for 70 million yuan. Shunhao Co., Ltd.: Plans to transfer 45% equity of Qujing Fupai for 111 million yuan. Beijing Lier: Plans to acquire 65.97% equity of Lianchuang Lithium Energy for 990 million yuan. 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