Announcement on the evening of October 16th | China Life's net profit exceeded 100 billion in the first three quarters; National Social Security Fund plans to reduce its stake in SMEI by no more than 1.5%

I. Resumption of Trading

1. Songfa Technology: The company plans to acquire 100% equity of Hengli Heavy Industry Group Limited. The stock will resume trading on October 17th.

2. Fulede: The stock will resume trading as the company plans to acquire 100% equity of Jiangsu Fulehua Semiconductor Technology Co., Ltd.

II. Equity Transfer, Repurchase, and Increase

1. Xinxiangwei: Ke Hongxin and Xi'an Zhonglian Zhaojin plan to transfer 1.00% of the shares.

2. Xinlicheng: The company plans to acquire 100% equity of Chongqing Xinlicheng Medical Management Co., Ltd. for 320 million yuan, constituting a related party transaction.

3. China Merchants Shekou: Plans to repurchase company shares for 351 million to 702 million yuan.

4. China Merchants Highway: Plans to repurchase shares for 310 million to 618 million yuan.

5. China Merchants Accumulated: Plans to repurchase shares for 78 million to 156 million yuan.

6. Kaisai Biology: The controlling shareholder CIB proposed a share repurchase with a total repurchase fund of 10 million to 20 million yuan.

7. Lai'er Technology: Plans to repurchase shares for 25 million to 40 million yuan.

Hong Kong Stock Market

1. AIA Group: Spent 62.0181 million Hong Kong dollars to repurchase 977,800 shares.

2. BOSS Zhipin: Spent approximately 7.63 million yuan to repurchase 144,000 shares on October 15th.

3. China COSCO Shipping: Plans to repurchase and cancel shares for 271 million to 542 million yuan.

4. Zhihu: Plans to repurchase up to 46.92 million shares at a price of 9.11 Hong Kong dollars per share, with the resolution passed at the extraordinary general meeting of shareholders.

5. China Coal Energy: The controlling shareholder increased holdings by 6 million A-shares, with the company's stock price rising by nearly 70% during the holding period.

Share Reduction

1. SMEI: National Integrated Circuit Fund, holding 10.06% of the shares, plans to reduce its total holdings by no more than 10,983,196 shares, or 1.5% of the total share capital.

2. Hainan Airlines: Cheng Deyongsheng reduced holdings by 8,000 shares and is no longer a shareholder holding more than 5%.

3. Gelin Electronics: Shareholders Jin Qiu Investment and Jia Cheng Investment plan to reduce their total holdings by no more than 3% of the total share capital.

4. Refond New Material: Sinopec Capital plans to reduce its shareholding by no more than 2% of the company's shares.

5. Santai Holdings: Shareholders Anci Hulian Luhao and Anci Wenchuang Wuhao plan to reduce their holdings by no more than 5.74% of the company's shares.

6. Shuanglu Pharmaceutical: Director Liang Shujie plans to reduce holdings by 500,000 shares, accounting for 0.0487% of the total share capital.

Hong Kong Stock Market

1. China Eastern Airlines: Juanyao Group completed the reduction of 49.27 million shares, accounting for 0.22% of the total share capital.

2. According to the Hong Kong Stock Exchange documents, SoftBank's stake in Alibaba has decreased from 11.09% to 10.93%.

III. Investment Cooperation, Operating Conditions

1. Penghui Energy: The company plans to build a new project in Zhengyang County, Zhumadian City, with a total investment of 1 billion yuan, producing 30,000 small power square aluminum shell lithium-ion batteries and 500,000 electric capacitive lithium-ion batteries per day

2. Tongfu Microelectronics: Intends to invest 200 million yuan to acquire 31.90% partnership interest in Chuzhou Guangtai. This investment aims to indirectly hold equity in AAMI, a leading global lead frame supplier.

3. XCMG Machinery: To optimize asset structure and improve asset operational efficiency, the company plans to issue asset securitization projects totaling no more than RMB 20 billion, including a 100 billion yuan Shenzhen Stock Exchange market asset support special plan and 100 billion yuan interbank market asset support notes.

4. Shudao Equipment: Signed a 377 million yuan contract for the "150,000 tons/year coke oven gas comprehensive utilization LNG technology transformation project engineering design, procurement, and construction consortium general contract".

5. Huadian Heavy Industries: Signed a 207 million yuan wind tower procurement contract. This transaction accounts for 2.89% of the company's most recent audited operating income, is expected to have a positive impact on the company's performance, and will help solidify the company and its subsidiaries' market position in the wind tower business.

6. Guosheng Technology: Won the bid for a 392 million yuan photovoltaic project from Huadian.

7. ZhiFei Biotechnology: Subsidiary's registration application for the production of freeze-dried human rabies vaccine was accepted.

8. Jinzhi Technology: Recently won the bid for a distribution network project of a subsidiary of State Grid Corporation of China, with a total bid amount of 64,018.4 million yuan.

9. Baiao Intelligent: Recently signed an equipment sales contract with a customer, with a contract amount of approximately 159 million yuan. The fulfillment of the contract is expected to have a positive impact on the company's future operating performance.

Hong Kong Stock Market

1. Poly Property Group: Issued 1.5 billion yuan corporate bonds to repay interest-bearing debts.

2. Country Garden Real Estate: Held the "22 Bi Di 03" 2024 first bondholder meeting on October 18 to deliberate on the proposal for early redemption of the principal and interest of the "22 Bi Di 03" bonds.

Performance Changes

1. China Life: It is expected that the net profit for the first three quarters of 2024 will be approximately between 101.135 billion yuan and 108.767 billion yuan, a year-on-year increase of about 165% to 185%. The stock market significantly rebounded in the third quarter, leading to a substantial year-on-year increase in the company's investment income.

2. Feironda: It is expected that the net profit for the first three quarters of 2024 will be between 103 million yuan and 110 million yuan, an increase of 109.74% to 124.00% compared to the same period last year. The growth in terminal business benefited from the recovery of market demand in the domestic consumer electronics industry, improving orders, and the continuous increase in market share of the company's terminal products such as mobile phones and laptops.

3. MCC International: Net profit for the first three quarters of 2024 was 637 million yuan, a year-on-year increase of 29.64%.

4. China Coal Energy: In September, the sales volume of commercial coal increased by 18.5% year-on-year, and the sales volume of polypropylene increased by 17.9%.

5. China Taiping: The cumulative original insurance premium income of the company's subsidiary, China Taiping Life Insurance Co., Ltd., was 209.593 billion yuan in the first three quarters, a year-on-year increase of 2.4%; the cumulative original insurance premium income of the company's subsidiary, China Taiping Property Insurance Co., Ltd., was 159.819 billion yuan, a year-on-year increase of 7.7%.

6. Guotou Power: In the third quarter, the cumulative on-grid electricity of domestic holding enterprises increased by 12.79% year-on-year.

7. Nuopu Xin: It is expected that the net profit for the first three quarters will be between 448.19 million and 504.22 million, a year-on-year increase of 60%-80%.

8. Chengtou Holdings: In the third quarter of 2024, the company achieved a contracted sales area of approximately 8,414 square meters, a decrease of 64.23% year-on-year.

9. Nanwang Energy Storage: The net profit for the first three quarters was 1.045 billion yuan, an increase of 27.62% year-on-year