603008, 100 million in cash "disappears," regulators quickly step in! Several top stocks will face unlocks next week (with stock recommendations)

Next week (March 30 - April 5), 29 stocks will have their restrictions lifted.

Xilinmen has 100 million yuan in cash illegally transferred.

On the evening of March 27, Xilinmen (603008) announced that the company recently discovered that the bank account funds of its subsidiary, Xitu Technology Co., Ltd., had been illegally transferred, with a total of 100 million yuan transferred. The announcement disclosed that, after the company’s investigation, relevant personnel were found to have allegedly misappropriated company funds for personal gain by taking advantage of their positions.

The company has applied to the public security authorities for a case investigation on March 26, 2026, and has taken protective measures to freeze the relevant bank accounts, with a judicial freeze amounting to approximately 900 million yuan, along with the illegally transferred funds of 100 million yuan, totaling over 1 billion yuan, which accounts for 26.54% of the company’s most recent audited net assets and 42.69% of the company’s most recent audited cash funds.

Xilinmen stated that the company has established communication channels with the relevant parties and is actively negotiating the return of the transferred funds. The company will also cooperate with the public security authorities in handling the case investigation to recover the transferred funds as soon as possible, eliminating the security risks associated with company account funds and ensuring the safety of the company’s assets. As of now, there is still some uncertainty regarding the recovery of the illegally transferred funds, and if the funds cannot be recovered, it may negatively impact the company’s net profit.

On the night of the announcement, the Shanghai Stock Exchange quickly issued a regulatory work letter regarding the fund transfer and freezing of Xilinmen’s accounts, involving the listed company, directors, senior management, controlling shareholders, and actual controllers.

Next week’s lifted restrictions have a market value of over 37 billion yuan.

According to statistics from Securities Times·Data Treasure, next week (March 30 - April 5), 29 stocks will have their restrictions lifted, with a total of 1.334 billion shares being released. Based on the latest closing price, the total market value of the lifted restrictions is 37.288 billion yuan.

The stocks with lifted restrictions next week are relatively concentrated, with 9 stocks having a market value exceeding 1 billion yuan, totaling over 34.37 billion yuan, accounting for 92.17% of the total lifted market value next week. Among them, Hongrida is the only stock with a lifted market value exceeding 10 billion yuan, and Kaifa Technology has a lifted market value exceeding 7 billion yuan. Wanrun New Energy, Shouhang New Energy, Yihau New Materials, and Zhejiang Huayuan all have lifted market values exceeding 2 billion yuan.

Hongrida will have 128 million restricted shares lifted next week, accounting for nearly 62% of the company’s total share capital, and this is the lifting of restrictions for 4 original shareholders. Hongrida has long been deeply involved in 3C consumer electronics connectors and precision components, becoming a main supplier for many leading domestic wearable brands. Its semiconductor cooling business has gained market attention, and the company’s semiconductor metal heat sink business is gradually achieving bulk shipments in 2025.

Since 2024, Hongrida’s stock price has continued to rise, with a cumulative increase of over 4 times. However, from the performance perspective, the company incurred a loss of 7.57 million yuan in 2024, and is expected to have a pre-loss of 40 million to 70 million yuan in 2025, mainly due to significant year-on-year increases in the procurement prices of raw materials such as gold salts.

Kaifa Technology on the Beijing Stock Exchange will have a lifted market value of nearly 8.2 billion yuan next week, with over 100 million shares being released, accounting for 72.29% of the total share capital, and the type of lifting is the original public offering restricted shares.

Kaifa Technology is currently the seventh highest-priced stock on the Beijing Stock Exchange. The company is a provider of smart metering system solutions, deeply engaged in core metering software and hardware, and has exported over 90 million sets of smart metering equipment to more than 40 countries. The company has released a performance report for 2025, achieving revenue of 3.02 billion yuan, a year-on-year increase of 2.99%; the net profit attributable to the parent company is 707 million yuan, a year-on-year increase of 19.99%.

Wanrun New Energy will have a lifted market value of nearly 4.9 billion yuan next week. Recently, the company’s stock price has continued to strengthen against the backdrop of a market decline, rising over 33% since March. The company mainly produces lithium iron phosphate cathodes and currently ranks among the top three in global shipments. The company is expected to incur a loss of 446 million yuan in 2025, a year-on-year reduction in losses.

In terms of the proportion of lifted shares to total share capital, 7 stocks have lifted shares accounting for more than 10% of the total share capital, including Kaifa Technology, Yihau New Materials, Hongrida, Nearshore Protein, Wanrun New Energy, Zhejiang Huayuan, and Shouhang New Energy.

Yihau New Materials has lifted shares accounting for nearly 64% of the total share capital, with the number of lifted shares exceeding 100 million; the company mainly produces PCB copper foil and is expected to incur a loss of 51 million to 61 million yuan in 2025, compared to a loss of 38.8612 million yuan in the same period last year.

From a market perspective, among the stocks with lifted restrictions next week, Xingyun Technology and Shouhang New Energy have both seen increases of over 80% this year, while Wanrun New Energy has increased by over 50%, and Huayi Group, Hongrida, and Xince Standards have all increased by over 20%.

Xingyun Technology will have nearly 23 million shares lifted next week, with a lifted market value of 2.32 billion yuan. The company expects to incur a loss of approximately 70 million to 90 million yuan in 2025.

Shouhang New Energy will have a lifted market value exceeding 2.9 billion yuan next week. Affected by the news of “Tesla’s large-scale procurement of solar equipment,” the photovoltaic equipment sector has seen a strong rise since March, and Shouhang New Energy’s stock price doubled at one point in March before experiencing some decline this week.