Today's focus
1. Shenzhou Digital: 11.666 billion yuan pre-bid for China Mobile's supernode collection, winning bid share 2,048 cards
Shenzhou Digital (000034.SZ) announced that Beijing Shenzhou Kuntai Information Technology Co., Ltd., its holding subsidiary, was one of the winning candidates for China Mobile's 2026-2027 next-generation artificial intelligence supernode equipment centralized procurement project. The bid price was 11,665,750,379.84 yuan (excluding tax), the bid share was 2,048 cards, and the supply product was Shenzhou Kuntai Supernode Server; the project announcement deadline is November 2, 2026, and the company has yet to receive a notice of winning the bid, whether it can win the bid and the final bid amount There is still uncertainty.
2. *ST Aviation Chart: Restructured by creditors, net assets returned to mother at the end of June - 1,367 billion yuan
*ST Aviation Map (688066.SH) announced that the company received a notice from the Hebi Intermediate People's Court of Henan Province and a “Notice Letter” from creditor Guoze Fund Management (Shandong) Co., Ltd., that the applicant applied to the court to restructure the company on the grounds that the company was unable to pay its maturing debts and that the assets were insufficient to pay all of its debts, but still had restructuring value. There is significant uncertainty about whether the restructuring application can be accepted; the company and actual controller Wang Yuxiang were filed by the China Securities Regulatory Commission on August 7, 2026 due to suspected illegal disclosure of information. Conditions of the procedure: Due to negative net assets at the end of the 2025 audited period and the issuance of financial statements, the company's shares have been subject to a delisting risk warning. The net assets returned to the mother at the end of June 2026 were -1,367 billion yuan.
3. Sunwoda: terminated the H-share listing, announced after the power battery subsidiary introduced Xiaomi, and is expected to increase profit by 3.2 billion yuan to 4.5 billion yuan
Sunwoda (300207.SZ) announced that on October 28, 2026, the board of directors of the company deliberated and passed the bill to terminate the issuance of H shares and list on the main board of the Hong Kong Stock Exchange Limited. The termination was within the sole authority of the board of directors authorized by the shareholders' meeting and did not need to be submitted to the shareholders' meeting for consideration. At the same time, the holding subsidiary Sunwoda Power Technology Co., Ltd. introduced Hanxing Venture Capital Co., Ltd., a wholly-owned subsidiary of Xiaomi Technology Co., Ltd., as a shareholder, and completed the board change election. The company will not have more than half of the seats on the board of directors, and Sunwoda Dynamics will no longer be included in the company The scope of the consolidated statement changed from a holding subsidiary to a participating subsidiary. Based on the 2025 annual report data, the company's consolidated revenue was reduced from 63.246 billion yuan to 44.338 billion yuan, and the balance ratio was adjusted from 71.25% to 60.87%; this matter is expected to increase the company's net profit in 2026 by 3.2 billion yuan to 4.5 billion yuan. The publication matters still need to be submitted to the company's shareholders' meeting for consideration.
4. Qinchuan Machine Tool: Acquired 42.06% of Loyalty's shares in cash for 207 million yuan, and the total shareholding increased to 96.83%
Qinchuan Machine Tool (000837.SZ) announced that the company plans to buy Baoji Loyalty Machine Tool Co., Ltd.'s shares of 42.0635% of the total share capital held by Shaanxi Renren Investment Management Co., Ltd. in cash; the company's holding subsidiary Baoji Machine Tool Group Co., Ltd. already holds 54.7619% of Loyalty shares. After the transaction is completed, the company and Baoji Machine Tool will hold a total of 96.8254%, which will not lead to a change in the control rights and scope of the company's consolidated statements; this transaction is unrelated and does not constitute a major asset restructuring. It constitutes a restructuring and listing.
5. China Micro Company: Chairman Yin Zhiyao proposed a repurchase of 400 million yuan to 500 million yuan
China Micro Company (688012.SH) announced that the board of directors of the company received Chairman Yin Zhiyao's “Letter on Proposed Repurchase of the Company's Shares”, proposing to use the overraised capital obtained from the initial public offering and the company's own funds to repurchase the company's A shares through centralized bidding transactions. The total repurchase capital is not less than 400 million yuan or no more than 500 million yuan. The repurchase price is not higher than 150% of the average stock transaction price in the 30 trading days before the board of directors deliberates and approves the buyback plan. Employee stock ownership plans, or reduction of the company's registered capital.
6. Zhengbang Technology: A total of 897 million yuan was added in lawsuits and arbitration, of which 669 million yuan was added as the defendant
Zhengbang Technology (002157.SZ) announced that as of October 29, 2026, in addition to the lawsuits already disclosed in the previous period, the company and holding subsidiaries added a total of 89,74466 million yuan in lawsuits and arbitration matters. Of these, the amount of lawsuits involving the company and the holding subsidiary as plaintiffs was 228.881 million yuan, and the amount of litigation and arbitration involved as defendants or co-defendants was 66,85585 million yuan; there is uncertainty about the impact of the above lawsuits and arbitration matters on the company's current profit or after-period profit.
7. *ST Lida: Negative opinions were issued on the internal control of financial reports for two consecutive years, indicating that the stock listing may be terminated
*ST Lida (603828.SH) announced that the internal control of the company's 2024 financial report was denied by ZTE Caiguanghua Certified Public Accountants, and a negative opinion was issued by Zheng Dan Zhiyuan (Shenzhen) Certified Public Accountants in 2025, touching upon the situation stipulated in section 9.4.1 (1) (6) of the Shanghai Stock Exchange Stock Listing Rules. The company's shares will be subject to a delisting risk warning from April 29, 2026; according to section 9.4.8 of this rule, the company is required to disclose a risk notice at least once a month that the stock listing may be terminated.
8. Zhongchuang Environmental Protection: Accumulated 30 lawsuits and arbitrations for 12 consecutive months, involving 18.3734 million yuan, accounting for 21.03% of net assets
Zhongchuang Environmental Protection (300056.SZ) announced that since the previous lawsuit announcement, the company and its holding subsidiaries have accumulated 30 lawsuits and arbitration matters over 12 consecutive months, with a total amount of about 18.3734 million yuan, accounting for 21.03% of the company's latest audited net assets; of these, there were 10 cases involving plaintiffs or applicants, involving 9.822,800 yuan, and 13 cases involving 744.4 million yuan as defendants or respondents, involving 7 labor disputes and 1.1066 million yuan.
Operating performance
1. Dongpeng Beverage: The main revenue for the first three quarters was 18.574 billion yuan, up 10.33% year-on-year
Dongpeng Drinks (605499.SH) announced that energy drinks earned 12.78 billion yuan, accounting for 68.80%, and tea drinks amounting to 1,638 billion yuan.
2. Qingdao Port: Cargo throughput in the first three quarters was 563 million tons, up 3.2% year on year
Qingdao Port (601298.SH) announced that the container throughput was 27.54 million TEUs, an increase of 6.6% over the previous year.
Buyback & increase or decrease holdings
1. Lanqi Technology: plans to repurchase 300 million yuan to 500 million yuan, with a maximum price of 280 yuan/share
Lanqi Technology (688008.SH) announced that the source of funding is its own funds for a period of 2 months for employee shareholding or equity incentives.
2. China Aluminum: The controlling shareholder increased its holdings by a total of 1,255 billion yuan, and the shareholding ratio increased to 34.46%
China Aluminum (601600.SH) announced that China Alcoa Group and co-actors increased their holdings of A shares by 66.456 million and H shares by 88.418 million shares.
3. Shandong Road and Bridge: Controlling shareholders' holdings increased by an integer factor of 1%, and total shareholding rose to 58.11%
Shandong Road and Bridge (000498.SZ) announced that Express Group and co-actors increased their holdings by 1.975,800 shares on October 28, 2026, accounting for 0.13%.
4. *ST Development: All 399 million shares of the controlling shareholder have been pledged and frozen, and 31.1 million shares will be judicially auctioned for the third time
*ST Development (000838.SZ) announced that Caixin Real Estate held 36.25% of the shares and that the shares in this auction account for 2.82% of the total share capital.
Sign a big order
1. Weihai Co., Ltd.: The consortium won the bid for the 415 million yuan EPC project, with a construction period of 1080 calendar days
Weihai Co., Ltd. (002586.SZ) announced that the project is an EPC general contract for the extended section of the Qingxi Reservoir Water Diversion Project in Ninghai County.
2. Guanzhong Ecology: won the bid for the 104 million yuan sewage treatment EPC project
Guanzhong Ecology (300948.SZ) announced that the construction period is 270 calendar days, and a formal project contract has not yet been signed with the tenderer.