Selected announcement of A-share | Meituan (03690) plans to acquire Dingdong Maicai with a total amount exceeding 700 million US dollars

Focus today 1. Baidu Group: The Board of Directors has approved a new $5 billion share repurchase plan Baidu Group announced on February 5th that the Board of Directors has approved a new $5 billion share repurchase plan and a dividend policy, aimed at further enhancing shareholder returns. 2. Wuxi Taiji Industry: Subsidiary Eleven Technology bids for the Huahong FAB9B project with a bid of 3.778 billion yuan Wuxi Taiji Industry announced on February 5th that its subsidiary Eleven Technology, together with Shanghai Construction Group Construction Group, participated in the bidding for the total contract of the Huahong FAB9B project of Huahong Hongli Semiconductor (Wuxi) Co., Ltd., with a bid of 3.778 billion yuan. According to the announcement of the winning bidder by the Wuxi Public Resource Trading Center, Eleven Technology, together with Shanghai Construction Group, is the intended winning bidder for the project. Eleven Technology, as the lead of the consortium, is expected to account for 98.46% of the contract work volume, corresponding to approximately 3.719 billion yuan. 3. Meituan: Plans to acquire Dingdong for $717 million Meituan announced on February 5th that the company plans to acquire all of the issued shares of Dingdong, a leading fresh food e-commerce company in mainland China, for $717 million. According to the agreement, the transferor can withdraw funds of up to $280 million from the target group, but must ensure that the net cash of the target group is not less than $150 million. This acquisition will make the target company an indirectly wholly-owned subsidiary of Meituan, and its financial performance will be consolidated into Meituan's financial statements. 4. Tianjin Motor Dies: Plans to acquire Dongshi shares, stock trading suspended Tianjin Motor Dies announced on February 5th that the company is planning to raise funds through the issuance of shares and cash to acquire equity in Dongshi Automobile Technology Group Co., Ltd., with accompanying funds, expecting to constitute a major asset restructuring. The company's stock will be suspended from trading on February 6, 2026, and is expected to disclose the transaction plan within not more than 10 trading days. If the company fails to convene a board meeting for review and disclose the transaction plan within the deadline mentioned above, the company's stock will resume trading on March 2, 2026, and terminate the related matters. 5. GCL System Integration Technology: The company has not yet received any orders in the "Space Photovoltaic" field GCL System Integration Technology issued a notice on February 5th regarding abnormal fluctuations in stock trading. The capital market has recently paid high attention to forward-looking concepts such as "Space Photovoltaics", leading to active secondary market performance of related sectors. The company's main products include high-efficiency photovoltaic cells, large-size photovoltaic modules, energy storage systems, and smart energy storage integrated solutions for customers, covering product design, customization, production, installation, sales, and other services related to green energy projects. The company's products and services are mainly applied in ground photovoltaic scenarios. Currently, "Space Photovoltaics" is in the stage of technological exploration, with uncertainties in its technological path, industry model, and commercial prospects. So far, the company has not received any orders in the "Space Photovoltaics" field. This field has not had a substantial impact on the company's operating performance, and there is uncertainty about whether it will bring business opportunities in the future. 6. NIO: Expects adjusted operating profit of approximately 700 million to 1.2 billion yuan in the fourth quarter of 2025 NIO announced on February 5th that it expects an adjusted operating profit (non-GAAP) of approximately 700 million to 1.2 billion yuan in the fourth quarter of 2025. The operating profit measured according to GAAP in the fourth quarter of 2025 is estimated to be approximately 200 million to 700 million yuan. The expected performance growth is mainly due to increased sales volume, product portfolio optimization, and cost control measures. 7. Shenzhen Breo Technology: Controlling shareholder Ma Xuejun is under investigation for suspected securities market manipulation Shenzhen Breo Technology announced on February 5th that the company received a "Notice of Filing" from the China Securities Regulatory Commission on February 4, 2026, regarding Mr. Ma Xuejun, the actual controller of the company, for suspected securities market manipulation, and the China Securities Regulatory Commission has decided to file a case against him. This investigation is aimed at Ma Xuejun personally and will not have a significant impact on the company's daily operations. He is still performing his duties in the company as usual and will actively cooperate with the relevant work. 8. Kailong High Technology: Focuses on smart mobility tracks, the "Hui Lingjia" series and other products are still in the market development stage Kailong High Technology announced on February 5th that the company's stock price closed for the past two trading days (February 4 and February 5, 2026) has accumulated a deviation of over 30%. The information disclosed by the company earlier does not require correction or supplementation. The company plans to purchase 70% equity of Shenzhen Jinwangda Mechanical and Electrical Co., Ltd. from Xujing Wang and Anyi Tuohuangzhe Enterprise Management Partnership (limited partnership) through the issuance of shares and cash. The company also plans to issue shares to raise funds for the purchase of assets from Zang Zhicheng, the actual controller. The company held its 28th (special) board meeting on February 3, 2026, and approved related proposals such as the issuance of shares and cash purchase of assets and raised matching funds for related party transactions. The company is focusing on smart mobility tracks and the current launch of the "Hui Lingjia" series, Siasun Robot&Automation, and dexterous hand-operated intelligent testing equipment, which are still in the market development stage and have not generated any revenue. This will not have a significant impact on the company's operational performance. 9. Gotion High-tech: Plans to raise up to 5 billion yuan for the annual production of 20GWh of power battery project, etc. Gotion High-tech announced on February 5th that it plans to raise up to 5 billion yuan through a private placement, with all proceeds to be used for the annual production of 20GWh of power battery project, Gotion High-tech's 20GWh new energy battery base project, new lithium-ion battery (20GWh) smart manufacturing base project, and supplementary working capital. 10. Up-shine Lighting: Xiemen Jingzhiming audit and evaluation work is still ongoing, the company needs to convene the board of directors again to review cash acquisition proposals Up-shine Lighting announced on February 5th that the company's stock price closed at a cumulative deviation of 45.76% for the past two trading days (February 4 and February 5, 2026). The stock price also showed a cumulative deviation of 109.05% for the past four trading days (February 2 to February 5, 2026), belonging to cases of significant stock trading abnormal fluctuations. The company plans to purchase 51% equity of Xiemen Jazhi Precision Technology Co., Ltd. from Xiemen Maidazhi Intelligent Technology Co., Ltd. in cash and to purchase 49% equity of Xiemen Jazhi Precision from Xiemen Maidazhi by issuing shares, in a total acquisition of 100% equity of Xiemen Jazhi Precision through cash and share issuance. 11. Muyuan Foods: January sales revenue from pig products was 10.566 billion yuan, a year-on-year change of -11.93% Muyuan Foods announced on February 5th that in January 2026, the company sold 7.009 million pigs, a year-on-year change of 2.73% (including sales of 3.116 million pigs to its wholly-owned subsidiary Muyuan Meat Food Co., Ltd. and its subsidiaries); the average selling price of pigs was 12.57 yuan/kg, a year-on-year change of -16.92%. Sales revenue from the sale of pigs was 10.566 billion yuan, a year-on-year change of -11.93%. 12. Konfoong Materials International: Plans to acquire 15.6424% of KAIDE QUARTZ's shares, stock trading to resume Konfoong Materials International announced on February 5th that the company and its wholly-owned subsidiary Jiang Fengbo Xin signed an agreement to acquire 15.6424% stake in Beijing KAIDE QUARTZ for 448 million yuan. At the same time, Ningbo Yongjin acquired 5.0000% stake in KAIDE QUARTZ for 143 million yuan. After the completion of this transaction, Konfoong Materials International will become the controlling shareholder of KAIDE QUARTZ. The company's stock is expected to resume trading on February 6, 2026. 13. Cubic Digital Technology: Stock price surged by 314.93% from January 20th to February 5th, trading to be suspended for verification Cubic Digital Technology announced on February 5th that the company's stock price has shown a cumulative increase of 314.93% in the past ten trading days (excluding the three days when trading was suspended) from January 20 to February 5, 2026, with 7 trading days of limit-up. Due to significant deviation from market trends, the stock may face a fast price drop risk in the future. To protect the interests of investors, the company will suspend trading to conduct a verification of stock trading. Upon the company's application, the stock will be suspended starting on February 6, 2026 (Friday) and is expected to resume trading after the verification is completed and a disclosure announcement is made, with the suspension period not exceeding 5 trading days. Investors are advised to be aware of the risks in stock trading, make rational decisions, and invest cautiously. Performance forecasts/quick reports 1. AGILE GROUP: Pre-sale amount in January is about 540 million yuan 2. Xinjiang Western Animal Husbandry: Self-produced fresh milk production in January was 3076.65 tons, a year-on-year decrease of 2.54% 3. CH OVS G OCEANS: Contract sales in January were 2.412 billion yuan, a year-on-year increase of 9.3% 4. RSUN PPT: Contract sales amount in January was 100 million yuan 5. Wens Foodstuff Group: Pork sales revenue in January was 4.698 billion yuan, a month-on-month decrease of 11.17% 6. Hubei Energy Group: Electricity generation in January was 4.264 billion kWh, a year-on-year increase of 26.38% Repurchase & Increase/Decrease in Holdings 1. Suzhou New District Hi-Tech Industrial: Wholly-owned subsidiary plans to increase capital by 780 million yuan to the controlling company Xinjujie 2. Yapp Automotive Systems: Guotou Gaogxin and Guotou Gaoke completed a combined increase of 0.34% 3. HUIDERUI: Shareholder Ai Jianjie plans to reduce holdings by 2% 4. Shanghai Chemspec Corporation: Shareholders Wuxi Yunhui and Tongxiang Jiawo plan to reduce their holdings by a total of no more than 5.22% 5. Perfect Group Corp., Ltd: Several shareholders plan to reduce their holdings by a total of no more than 2.9926% Major Orders 1. Wuxi Taiji Industry: Subsidiary Eleven Technology won the bid for the Huahong FAB9B project with a bid of 3.778 billion yuan 2. RongFa Nuclear Equipment: Subsidiary won a 101 million yuan nuclear power project bid 3. Zhejiang Southeast Space Frame: Consortium won a 994 million yuan EPC project bid 4. Shanghai Fosun Pharmaceutical: Subsidiary signed a licensing agreement with Eisai Other 1. Hunan Fangsheng Pharmaceutical: Controlling subsidiary obtained a "Drug Production License" 2. Jiangsu Hengrui Pharmaceuticals: HR091506 tablet listing application accepted by the National Medical Products Administration This article is reprinted from Tencent Stock Selection, GMTEight Editor: Chen Xiaoyi.