On March 5th, the former A-share "meat grinder" *ST Rendong faces the risk of delisting, while the hot stock "童颜针" (Tongyan Needle) Jiangsu Wuzhong states that the investigation by the China Securities Regulatory Commission is still ongoing, and Tengjing Technology continues to suspend trading for no more than 5 trading days.

Here are the highlights from the after-hours announcements:

*ST Rendong: Stock faces delisting risk

*ST Rendong announced that the court has approved the company's restructuring plan and terminated the restructuring process, entering the execution phase of the restructuring plan. If the restructuring plan is not executed during the execution period, the company will be declared bankrupt, and the stock may face delisting risk. The company's stock has been subject to delisting risk warnings since January 3, 2025. According to relevant regulations, the company must disclose a risk warning announcement every five trading days. The company is actively promoting the follow-up work of the restructuring, and if the restructuring is successfully completed, it will apply to revoke the delisting risk warning. The company will continue to ensure information disclosure, and investors are advised to pay attention to the risks.

Jiangsu Wuzhong: Investigation by the CSRC is still ongoing

Jiangsu Wuzhong announced that the company is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws and regulations. As of the announcement date, the investigation is still ongoing, and the company has not received any conclusive opinions or decisions. The company stated that it is actively cooperating with the investigation during the investigation period and disclosing risk warning announcements weekly. If the subsequent facts determined by the CSRC result in administrative penalties that touch upon the major illegal mandatory delisting circumstances stipulated in the Shanghai Stock Exchange Listing Rules, the company's stock faces significant illegal mandatory delisting risks.

Tengjing Technology: Plans to acquire control of Shenzhen Xunke Communication Technology Co., Ltd., stock continues to be suspended for no more than 5 trading days

Tengjing Technology announced that the company is planning to acquire control of Shenzhen Xunke Communication Technology Co., Ltd. through the issuance of shares and cash payment. The company's stock has been suspended since February 27, 2025, and the suspension is expected to last no more than 5 trading days. As of the date of this announcement, all parties involved are actively promoting the various aspects of this transaction, and the company expects that it will not be able to resume trading on March 6, 2025. Upon application, the company's stock will continue to be suspended from March 6, 2025, with the expected continued suspension time not exceeding 5 trading days.

HAITIAN CO.,LTD.: Net profit of 305 million yuan in 2024, a year-on-year increase of 25.97%

HAITIAN CO.,LTD. released its annual report for 2024 on the evening of March 5th, reporting an operating income of 1.519 billion yuan in 2024, a year-on-year increase of 18.95%. The net profit attributable to shareholders of the listed company is 305 million yuan, a year-on-year increase of 25.97%. The basic earnings per share is 0.66 yuan/share. On the same day, the company announced that it recently received the bid notification for the "Meishan High-tech Industrial Park Sewage Treatment Plant Phase III Project Section," and the company has been confirmed as the winning bidder for this project, with a total bid amount of approximately 333 million yuan, accounting for 26.04% of the 2023 operating income.

Hengbao Co., Ltd.: Actual controller plans to reduce holdings of no more than 3% of the company's shares

Hengbao Co., Ltd. announced on the evening of March 5 that its controlling shareholder and actual controller Qian Jing plans to reduce the company's shares through centralized bidding and block trading within three months after the announcement date, with a total reduction not exceeding 21,229,400 shares, accounting for no more than 3% of the company's total share capital.

Hualing Steel: Obtained a commitment letter for a special loan of 360 million yuan for stock repurchase

Hualing Steel announced that it recently received a commitment letter for a special loan for stock repurchase issued by the Hunan Branch of China Construction Bank, promising to provide a special loan of no more than 360 million yuan for the company's stock repurchase, with a loan term not exceeding 36 months. The loan funds are specifically used for the announced stock repurchase. The company held a board of directors and supervisory board meeting on January 20, 2025, and an extraordinary general meeting of shareholders on February 14, 2025, to review and approve the stock repurchase plan. The company will use no less than 200 million yuan and no more than 400 million yuan of its own funds or self-raised funds to repurchase between 34,482,800 and 68,965,500 shares, accounting for 0.50% to 1.00% of the company's total share capital.

Neusoft Carrier: Chip products based on RISC-V core have been mass-produced but account for a very small proportion of revenue

Neusoft Carrier issued an announcement regarding unusual fluctuations, stating that its wholly-owned subsidiary Shanghai Neusoft Carrier Microelectronics Co., Ltd. has been engaged in the research and development of chip products based on the RISC-V core since 2019. The chips have been mass-produced and have generated revenue, but they account for a very small proportion of the company's operating income. The application fields of related products include smart grids, white goods, industrial control, the Internet of Things, consumer electronics, and energy storage inverters. The above matters will not have a significant impact on the company's performance in 2025.

Jiahe Food: All production and operation activities are normal

Jiahe Food issued an announcement regarding unusual fluctuations, stating that after self-inspection, the company confirms that all production and operation activities are normal, with no significant adjustments in the market environment and industry policies, and no substantial fluctuations in production costs and sales. The internal production and operation order is normal, and there have been no significant changes in the internal and external operating environment. There are no significant matters that should be disclosed but have not been disclosed.

Xuerong Biological: Controlling shareholder plans to change company control, stock suspension

Xuerong Biological announced that its controlling shareholder and actual controller Mr. Yang Yongping is planning matters related to the change of company control. To ensure fair information disclosure, avoid abnormal fluctuations in the company's stock price, and protect the interests of a wide range of investors, the company has applied to the Shenzhen Stock Exchange for a suspension of its stock and convertible bonds starting from March 6, 2025 (Thursday), with an expected suspension period of no more than 2 trading days. The final implementation and results of this transaction remain uncertain.

Zongheng Communication: Current production and operation activities are normal

Zongheng Communication issued an announcement regarding unusual fluctuations, stating that the company's current production and operation activities are normal, and there have been no significant changes in the company's operating conditions and internal and external operating environment; there are no other significant information that should be disclosed but have not been disclosed

Tongda Co., Ltd.: Controlling shareholder intends to transfer 10% of shares through agreement

Tongda Co., Ltd. announced that its controlling shareholder Weifang Municipal Jin Control Group Co., Ltd. intends to transfer 10.00% of the company's shares through a public solicitation of transferees. The transferred shares are unrestricted tradable shares. At the same time, Tongda Group will also transfer its 10.00% shares in the company to the transferee through this public solicitation, and the transferred shares are unrestricted tradable shares. The final transfer price will be determined in accordance with relevant laws and regulations, taking into account various factors, based on the results of the public solicitation approved by the competent authority for state-owned asset supervision and administration.

Tongwei Co., Ltd.: Heterojunction module power breaks world record again

Tongwei Co., Ltd. announced that its global innovation R&D center THC210 high-efficiency heterojunction module has achieved a power output of 783.2W at the standard module size of 2384*1303mm, with a conversion efficiency exceeding 25.21%, breaking the power record previously held by Tongwei itself and refreshing the world record for heterojunction module power for the eighth time. Tongwei Co., Ltd. has established a "cost reduction and efficiency enhancement" ecological chain in three dimensions: bifacial microcrystalline technology, copper interconnection without silver metallization, and 0BB module technology, and has formed an industry-leading overall solution for GW-level mass production in copper interconnection technology. This breakthrough in heterojunction module power is not expected to have a significant impact on the company's production, operation, and financial situation in 2025.

Tianjian Group: Vice President Chen Qiang resigns due to reaching statutory retirement age

Tianjian Group announced that on March 5, 2025, the company's board of directors received a resignation letter from Vice President Chen Qiang. Mr. Chen Qiang applied to resign from his position as Vice President due to reaching the statutory retirement age and will no longer hold any position in the company after his resignation. According to relevant regulations, Mr. Chen Qiang's resignation letter will take effect from the date it is delivered to the company's board of directors.

Longxi Co., Ltd.: Joint bearings for humanoid robots are still in the development or small batch sampling and testing stage

Longxi Co., Ltd. issued an announcement regarding unusual fluctuations, noting that there has been a high level of market attention on related concepts of humanoid robots recently. The joint bearings for humanoid robot supporting products are still in the development or small batch sampling and testing stage, and there is significant uncertainty in future business in this field. From 2024 to date, the revenue from this business product is only 1.3025 million yuan, accounting for less than 0.07% of the main business revenue in 2023, and will not impact the company's operating performance.

Jin Yi Technology: Plans to establish a mixed equity-debt venture capital fund

Jin Yi Technology announced that the company plans to sign a "Fund Cooperation Agreement" with Shenzhen Guarantee Group Co., Ltd. and Shenzhen Huitong Financial Control Fund Investment Co., Ltd. to establish a mixed equity-debt venture capital fund, primarily investing in the "14+7" strategic emerging industry cluster and future industries in Nanshan District, Shenzhen. This agreement is only a preliminary framework agreement, and there is still uncertainty regarding whether a formal agreement will be signed and whether the final transaction can be completed, which may involve risks such as investment failure or losses that cannot achieve expected returns

Wuliangye: 2025 Investment Plan Includes 19 Projects with Planned Investment of 2.586 Billion Yuan

Wuliangye announced in the evening that the company’s 2025 investment plan includes 19 projects with a planned investment amount of 2.586 billion yuan; mainly including the 100,000-ton ecological brewing project (Phase II), Wuliangye portal area project, Wuliangye finished liquor packaging and intelligent warehousing and distribution integration project, Plus Company green functional food packaging new materials project, among 13 ongoing projects and 6 new projects including the Wuliangye joint control command center project.

Yutong Bus: Sales Volume in February Reached 1,571 Units, Up 13.43% Year-on-Year

Yutong Bus announced that the sales volume in February 2025 was 1,571 units, a year-on-year increase of 13.43%. The cumulative sales volume for the year is 4,121 units, a year-on-year decrease of 1.46%. Among them, the sales volume of large buses was 735 units, up 0.55% year-on-year; the sales volume of medium buses was 651 units, up 12.44% year-on-year; and the sales volume of light buses was 185 units, up 146.67% year-on-year.

Ning Shui Group: Accessing DeepSeek Has No Substantial Impact on Current Main Business Operations

Ning Shui Group issued a stock trading risk warning announcement, noting that the company’s stock has been included in the DeepSeek concept stocks by relevant platforms. The company clarifies the following regarding the related matters: DeepSeek is an open-source large language model, and any user can freely conduct training based on this model for personalized development or model optimization to meet specific needs in diverse scenarios. The company has not signed a service cooperation agreement with DeepSeek and has no other business cooperation relationship with the company. The access to DeepSeek has no substantial impact on the company’s current main business operations, and there has been no significant impact on main business revenue and profits.

Yunding Technology: Achieved DeepSeek Access in Some Products and Developed Industry Applications Based on DeepSeek

Yunding Technology announced a stock price fluctuation, stating that the company has noticed a high market attention to the DeepSeek concept recently. Although the company has achieved DeepSeek access in some products and developed industry applications based on DeepSeek, the current impact on the company’s performance is limited. Investors are advised to make prudent decisions and invest rationally.

Yongtai Technology: Company Plans Technical Cooperation with Fudan University on Medium and Long-term Lithium Battery Technology Development Project

Yongtai Technology announced that the stock trading price has deviated by more than 20% in cumulative closing price over three consecutive trading days, which constitutes an abnormal fluctuation in stock trading. The company has signed a "Technical Development Contract" with Fudan University to carry out technical cooperation on the medium and long-term lithium battery technology development project. This technical development project requires a certain R&D cycle and carries inherent risks associated with R&D activities, with significant uncertainty regarding the success of the research and the transformation of research results

2 Consecutive Trading Limits for Huayu Mining: Recent Significant Price Increase in Antimony Products Poses Major Risks

Huayu Mining has issued an announcement regarding abnormal stock trading fluctuations. One of the company's main products is antimony concentrate, which accounted for 10.99% of the company's total operating revenue in the first three quarters of 2024. Recently, there has been a significant price increase in antimony products, posing major risks; investors are advised to exercise caution in their investments.

Xiamen Port Authority: Plans to Transfer 80% Equity of Controlling Subsidiary Haixin International

Xiamen Port Authority announced in the evening that Xiamen Haixin International Logistics Development Co., Ltd. is a joint venture established by the company and PSA NEA Supply Chain, with the company holding 80% and PSA NEA Supply Chain holding 20%. Haixin International serves as the investment and operation platform for the Xiamen Port multimodal transport smart logistics center project. Given the large investment scale of the logistics center project and the high requirements for the timeliness and amount of initial capital input, the company plans to transfer its 80% equity in Haixin International to Xiamen Container Terminal Group Co., Ltd. through a non-public agreement, which constitutes a related party transaction.

Zhejiang Jiaokao: Subsidiary Jointly Wins Bid for the Integrated Development Project in Lankou City High-tech Zone

Zhejiang Jiaokao announced in the evening that its subsidiary, Zhejiang Jiaokao Group Co., Ltd., along with Zhejiang Jiaokao Underground Engineering Co., Ltd. and relevant parties, formed a consortium that won the bid for the procurement project of the integrated development project (Phase I) in Lankou City High-tech Zone. The project includes a special vehicle and auto parts industrial park for new energy vehicles, as well as supporting municipal roads. The project is expected to adopt the "Investor + EPC + O" model. The total investment for the project is approximately 3.559 billion yuan, divided into cooperative investment projects (Package A) and construction projects (Package B).

Shida Shenghua: Controlling Subsidiary Signs Strategic Cooperation Framework Agreement with CATL, Expected to Supply 100,000 Tons of Electrolyte

Shida Shenghua announced in the evening that its controlling subsidiary, Shenghua New Materials Technology (Lianjiang) Co., Ltd., has signed a "Strategic Cooperation Framework Agreement" with Contemporary Amperex Technology Co., Limited (CATL). The agreement stipulates that during the validity period of this agreement (from the effective date of this agreement until December 31, 2025), CATL is expected to procure 100,000 tons of electrolyte from Shenghua Lianjiang.

Dingsheng Technology: 2024 Management and Core Staff Equity Increase Plan Completed

Dingsheng Technology announced that as of now, the company's 2024 management and core staff equity increase plan has cumulatively purchased a total of 1.2032 million shares of the company through "Yunnan International Trust Co., Ltd. - Yunnan Trust - Dingsheng Technology Employee Stock Ownership Fifth Phase Management Service Trust" via secondary market bidding transactions, accounting for 0.24% of the company's total share capital, with an average transaction price of 39.28 yuan/share and a total transaction amount of 47.2567 million yuan. The lock-up period for the company's equity increase plan is 12 months, starting from the date of the last transfer of the purchased stock to the equity increase plan, which is from March 5, 2025, to March 4, 2026

Yunnei Power: Obtained Road Testing License for Intelligent Connected Vehicles in Kunming

Yunnei Power announced that, in accordance with the "Implementation Rules for Road Testing and Demonstration Application Management of Intelligent Connected Vehicles in Kunming City (Trial)" issued in November 2024, the company actively carried out preliminary work such as applying for road testing of L4 level intelligent delivery vehicles. On March 5, 2025, the Kunming Municipal People's Government issued road testing licenses for intelligent connected vehicles to four companies, including the company, with a total of 205 testing licenses issued among the four companies, of which the company obtained 200 testing licenses.

Tangshan Port: Net Profit of 1.581 Billion Yuan in the First Three Quarters of 2024

Tangshan Port announced that the company has formulated an action plan of "Improving Quality and Efficiency, Returning to Profit" in line with its development strategy and operational reality. In 2023, the company achieved a cargo throughput of 229 million tons, setting a historical record. In the first three quarters of 2024, the company achieved an operating income of 4.283 billion yuan, a total profit of 2.155 billion yuan, and a net profit attributable to shareholders of the listed company of 1.581 billion yuan, with a return on net assets of 7.81%, ranking among the top in the industry for major operational indicators.

Yongmaotai: Subsidiary Received Government Subsidy of 9.8648 Million Yuan

Yongmaotai announced that its subsidiary received a government subsidy related to income of 9.8648 million yuan on March 5, 2025, accounting for 31.91% of the audited net profit attributable to shareholders of the listed company for the most recent accounting year. According to the relevant provisions of "Enterprise Accounting Standard No. 16 - Government Subsidies," the above government subsidy will be recognized in profit or loss in a lump sum.

Huajian Group: Subsidiary Huadong Institute Signed a Contract Worth 29.8 Million USD

Huajian Group announced on March 5 that its subsidiary, Huadong Architectural Design and Research Institute Co., Ltd. (referred to as "Huadong Institute"), recently signed an "International Conference Center Project Management Service Contract" with JiJunTang International Investment Group Co., LTD, with a total contract price of 29.8 million USD, accounting for 2.36% of the company's audited operating income in 2023.

Guansheng Co., Ltd.: Preliminary Business Discussions with Relevant Enterprises in Robot Battery Business

Guansheng Co., Ltd. released an investor relations activity record announcement stating that in the robot battery business, the use of robot batteries faces endurance issues, as existing humanoid robots have a short endurance time, and manufacturers have high requirements for battery energy density and weight due to limited space for battery installation. The Guansheng Dongchi team is currently conducting preliminary business discussions with relevant enterprises in the robotics field. Both robots and low-altitude flying vehicles are important application scenarios for solid-state batteries. Currently, the company's power batteries are still in the small-scale research and development stage, and the company will actively layout and announce progress in a timely manner in the future.

Zhongqi Co., Ltd.: General Manager Ouyang Tao Resigned Due to Work Adjustment

China Automotive Corporation announced at noon that Ouyang Tao has applied to resign from the position of General Manager due to work adjustments, with the original term set to end on the date of the expiration of the company's second board of directors (i.e., June 14, 2026). After resigning as General Manager, Ouyang Tao will continue to serve as a director and a member of the board's strategic committee