【Selected Announcements】Yunnan Baiyao plans to distribute 15.83 RMB for every 10 shares, Jiuhua Shares' actual controller is planning a change of control, and the controlling shareholder of Two-Sided Needle will be changed to Guangxi State-owned Assets Supervision and Administration Commission.

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Selected company announcements on the evening of March 31:

【Operating Data】 Shengtun Mining: First-quarter net profit is expected to increase year over year by 226.27%—294.95%. Huaxin New Materials: In the first quarter, net profit is expected to increase year over year by 126%—213%. Sunshine Power: In 2025, net profit increased by 21.97% year over year; plans to distribute 10 shares with 6.9 yuan. Zhipu: In 2025, total revenue was 724 million yuan, up 131.9% year over year. Vanke A: In 2025, it reported a loss of 88.556 billion yuan. Bojie Co., Ltd.: In 2025, net profit increased by 557.51% year over year; plans to do a 10-for-3 share distribution. Jinjiang Shipping: In 2025, net profit increased by 47%; plans to distribute 10 shares with 6.12 yuan. Dongfang Electric: In 2025, net profit increased by 31.11% year over year; plans to distribute 10 shares with 5.3 yuan. Yunnan Baiyao: In 2025, net profit increased by 8.51% year over year; plans to distribute 10 shares with 15.83 yuan. Rongsheng Environmental Protection: In 2025, net profit decreased by 21.86% year over year; plans to distribute 10 shares with 11 yuan. Huijie Co., Ltd.: In 2025, net profit decreased by 30.66% year over year; plans to distribute 10 shares with 8 yuan.

【Headlines】 Hongchang Technology: The company indirectly invests in “Zhang Xue Locomotive,” but its impact on the company is small. Pingtan Development: The company’s stock price has risen significantly in the short term and has seriously diverged from the company’s fundamentals. Hongquan Technology: Currently, revenue from the two-wheel vehicle business accounts for a relatively small proportion of the company’s total revenue. Shenjian Co., Ltd.: Revenue related to commercial spaceflight was 3.7124 million yuan, accounting for less than 1% of 2025’s operating revenue. Fasheng: The business does not involve fiber optics or special fiber optics, and there is no situation involving a restructuring or a backdoor listing. Wancheng Group: It has re-submitted to the Hong Kong Stock Exchange the application for the issuance and listing of H shares. Top Group: It has submitted to the Hong Kong Stock Exchange an application for the issuance and listing of overseas listed shares (H shares). Liangmianzhen: The controlling shareholder will be changed to Guangxi Guokong, with the stock resuming trading.

【Changes in Equity】 Jiahua Co., Ltd.: The actual controller is planning a matter to change control; trading is suspended. Linuo Pharmaceutical Packaging: The controlling shareholder plans to conduct a price inquiry to transfer 2.99% of the company’s shares.

【Increase/Decrease in Holdings, and Repurchases】 Spring Airlines: The controlling shareholder proposed a share buyback of 300 million—500 million yuan. Ruantong Power: Plans to repurchase 100 million—200 million yuan worth of the company’s shares. Hanghua Co., Ltd.: Shareholders plan to reduce their holdings by no more than 3% of the company’s shares.

【Winning Bids and Contracts】 Pinggao Electric: It won bids totaling approximately 1.223 billion yuan for State Grid procurement projects. Metersbonwe: It plans to sign a major daily operating contract of no more than 1 billion yuan with a related party, Xineng Textile.

【Major Investment】 Hailiang Co., Ltd.: It plans to invest 5.05 billion yuan to build a copper foil production line with an annual output of 67,500 tons.

【Other】 Sichuan Road and Bridge: It plans to acquire 49% equity interest in Sichuan Iron Construction for 682 million yuan. Guo New Energy: Recently received government subsidies related to income totaling 176 million yuan. Poly United: Chairman Liu Wensheng resigned due to a change in his job responsibilities. Tunnels Co., Ltd.: Vice President Li Bo resigned.

A wealth of information, precise analysis—available on the Sina Finance APP

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