Overview of listed company positive news on the evening of March 30 ( with list )

Many listed companies in Shanghai and Shenzhen both released important announcements in the evening of March 30. The following is a summary of the favorable news:

Moore Threads: Signed a 660 million yuan product sales agreement

Moore Threads (688795) announced on March 30 that the company recently signed a product sales agreement with a certain customer. The total contract amount is 660 million yuan, and the contract subject is Moore Threads’ Kuā’ē (KUAE) intelligent computing cluster.

Kweichow Moutai: The sales contract price for Feitian 53%vol 500ml Kweichow Moutai (2026) will be adjusted from 1,169 yuan per bottle to 1,269 yuan per bottle

Kweichow Moutai (600519) announced on March 30 that, after deliberation, the company will, effective March 31, 2026, adjust the sales contract price of Feitian 53%vol 500ml Kweichow Moutai (2026) from 1,169 yuan per bottle to 1,269 yuan per bottle, and adjust the self-operated system retail price from 1,499 yuan per bottle to 1,539 yuan per bottle. This price adjustment will have a certain impact on the company’s operating performance. Investors are reminded to invest rationally and pay attention to risks.

Three Gorges New Materials: Plans to invest in and build the Three Gorges New Materials silicon materials base project

Three Gorges New Materials (600293) announced on March 30 that the company plans to invest no more than 300 million yuan (of which 77 million yuan will be used to increase capital to the silicon materials company) through its wholly owned subsidiary, Yichang Three Gorges New Materials Silicon Materials Co., Ltd., to build the Three Gorges New Materials silicon materials base project. This investment will improve the company’s self-sufficiency rate of silicon sand raw materials and effectively reduce raw material procurement and outsourced logistics costs.

Ling Information: Plans to purchase 89.49% of shares of Kairui Xingtong Stock resumes trading

Ling Information (688175) announced on March 30 that the company plans to purchase 89.49% of the shares of Kairui Xingtong from 20 transaction counterparties including Shi Yan and Li Jianghua through a combination of issuing shares and paying cash, and raise supporting funds through the issuance. The target company focuses on the design of specialized satellite communications systems and research on key technologies, with its main business being the R&D, production, and sales of satellite communications system products such as satellite communications baseband products, satellite network control systems, and satellite communication ground terminals, as well as the development of satellite communication technologies such as in-orbit payloads and satellite communication network simulation and verification. The two parties can form deep synergy across multiple dimensions including product matrix, core technologies, business scenarios, and customer resources, which will help enhance the listed company’s overall profitability and continuous operating capability. The company’s stock will resume trading starting from the opening of markets on Tuesday, March 31, 2026.

ON Semiconductor: Signs a strategic cooperation agreement with Muxi Shares Jointly develops Muxi desktop AI workstation series products

ON Semiconductor (301189) announced on March 30 that on March 30, the company signed the “Strategic Cooperation Agreement” with Muxi Integrated Circuits (Shanghai) Co., Ltd. (abbreviated as “Muxi Shares”). Under the agreement, both parties will carry out all-round, multi-level, long-term and stable cooperation on hardware products such as the Muxi desktop AI workstations, establishing a strategic cooperation partnership. This agreement does not involve any specific amount. The signing of this agreement does not constitute a related-party transaction, nor does it constitute a major asset restructuring as stipulated in the “Administrative Measures for Major Asset Restructuring of Listed Companies.” It does not require submission for review by the company’s board of directors or shareholders’ meeting. The two parties will jointly develop the Muxi desktop AI workstation series products, including but not limited to: single-card desktop AI workstations, dual-card desktop AI workstations, four-card desktop AI workstations, and eight-card AI servers.

JinJi Xuchuang: 2025 net profit up 108.78% year over year Plans to distribute 10 shares for every 10 shares of 10 yuan

JinJi Xuchuang (300308) disclosed its annual report on March 30. In 2025, operating revenue was 38.24 billion yuan, up 60.25% year over year. Net profit attributable to shareholders was 10.797 billion yuan, up 108.78% year over year. Basic earnings per share were 9.8 yuan. The company plans to distribute cash dividends of 10 yuan (inclusive of tax) for every 10 shares to all shareholders. During the reporting period, benefiting from strong investment by end customers in computing power infrastructure, the company’s product shipments grew quickly. Among them, the proportion of high-speed optical modules continued to increase. In addition, as product solutions were continuously optimized and operating efficiency continued to improve, both operating revenue and net profit achieved significant growth compared with the same period last year.

Xinrui Shares: 2026 first-quarter net profit expected to increase 473.74%—603.64% year over year

Xinrui Shares (688257) announced on March 30 that it expects net profit attributable to owners of the parent company for the first quarter of 2026 to be between 265 million yuan and 325 million yuan, representing an increase of 473.74% to 603.64% year over year. During the reporting period, against the backdrop of rising raw material prices, the company raised prices across its entire series of cemented carbides and tools, significantly improving product profitability. This, together, drove a substantial increase in the company’s operating performance in the first quarter of 2026.

Zhongtian Technology: Plans to repurchase the company’s shares for 200 million—400 million yuan

Zhongtian Technology (600522) announced on March 30 that it plans to repurchase the company’s shares for 200 million—400 million yuan using its own funds, with the repurchase price not exceeding 40 yuan per share (inclusive), for the purpose of implementing an employee share ownership plan.

China Shipbuilding: Wholly owned subsidiary signs construction contracts for 10 ultra-large oil tankers (VLCC)

China Shipbuilding (600150) announced on March 30 that the company’s wholly owned subsidiary, Dalian Shipbuilding Heavy Industry Group Co., Ltd. (abbreviated as “Dalian Shipbuilding”), together with China Shipbuilding Industry and Trade Co., Ltd., signed construction contracts for 10 ultra-large oil tankers (VLCC) with a well-known domestic shipowner on March 30, 2026. The contract value ranges from 8 billion yuan to 9 billion yuan, and the ships will be delivered sequentially from 2028 to 2030.

Jerry Co., Ltd.: Wholly owned subsidiary signs a 341 million US dollar sales contract for gas turbine generator sets with a U.S. customer

Jerry Co., Ltd. (002353) announced on March 30 that recently its wholly owned subsidiary, GenSystems Power Solutions LLC (abbreviated as “GPS”), signed a sales contract for gas turbine generator sets with a customer in the United States. The contract amount is 341 million US dollars (approximately 2.359 billion yuan RMB), accounting for 17.66% of the company’s audited operating revenue for 2024, and is expected to have a positive impact on the company’s future operating performance. The contract is the fifth gas turbine generator set sales contract signed since November 2025 between the company and U.S. customers. The transaction counterparty is the fourth U.S. customer the company has recently cooperated with.

Midea Group: Plans to repurchase shares for 6.5 billion—13 billion yuan

Midea Group (000333) announced on March 30 that the company plans to repurchase shares for 6.5 billion—13 billion yuan through centralized competitive bidding transactions, using its own funds and/or a special loan for stock repurchase, for implementing an equity incentive plan and/or an employee share ownership plan. The repurchase price will not exceed 100 yuan per share.

Midea Group: 2025 net profit up 14.03% year over year Plans to distribute 38 yuan for every 10 shares

Midea Group (000333) disclosed its annual report on March 30. In 2025, operating revenue was 456.452 billion yuan, up 12.11%; net profit attributable to shareholders was 43.945 billion yuan, up 14.03%; and basic earnings per share were 5.8 yuan. The company’s profit distribution plan at the end of 2025 is to distribute a cash dividend of 38 yuan (inclusive of tax) for every 10 shares. In 2025, although the domestic home appliance market saw some recovery in consumer demand, driven by the “trade-in for upgrades” subsidy policy continuing to stimulate demand, competition in the industry around “user traffic” and “product pricing” remained intensifying. In overseas markets, operating conditions continued to face challenges due to the ongoing impacts of trade protectionism, exchange rate fluctuations, and geopolitical conflicts. Midea Group remained committed to the annual business philosophy of “driving growth through simplification and addressing challenges through self-disruption,” and continued to focus on core businesses and products. Especially in the development of overseas business, the results were remarkable, the group’s overall scale grew further, core profitability indicators improved further, demonstrating Midea’s operating resilience and long-term trend of high-quality growth.

（Source: Eastmoney Research Center）