A-share Announcement Highlights | Over RMB18.1 billion! Oilfield services leader Yantai Jereh Oilfield Services Group (002353.SZ) wins three award letters from ADNOC Onshore

date
20:19 04/11/2026
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GMT Eight
Yantai Jereh Oilfield Services Group (002353.SZ) announced that its wholly-owned subsidiary Jereh Oil & Gas Engineering has received three project award letters from the client ADNOC Onshore, the onshore arm of Abu Dhabi National Oil Company of the UAE.
Today's Focus 1. Yantai Jereh Oilfield Services Group: Wholly-owned subsidiary receives three award letters involving approximately RMB18.116 billion Yantai Jereh Oilfield Services Group (002353.SZ) announced that its wholly-owned subsidiary Jereh Oil & Gas Engineering has received three project award letters from the owner Abu Dhabi National Oil Company Onshore (ADNOC Onshore): the Ruwais Diyab gas field full development project with a total amount of US$1.7042 billion (approximately RMB11.4488 billion), the Bab/North East Bab oilfield onshore facilities construction project with a total amount of US$599.7 million (approximately RMB4.0288 billion), and the Bu Hasa oilfield onshore facilities construction project with a total amount of US$392.8 million (approximately RMB2.6388 billion). The three award letters involve a total project amount of approximately US$2.6967 billion (approximately RMB18.1164 billion). The company noted that formal contracts for the projects have not yet been signed, and there is uncertainty regarding the signing of the relevant contracts, with the final signed contracts to prevail. 2. Hygon Information Technology: Plans to repurchase shares for RMB500 million to RMB800 million Hygon Information Technology (688041.SH) announced that it plans to repurchase shares through centralized bidding using its own funds and/or self-raised funds, with a repurchase amount of no less than RMB500 million and no more than RMB800 million, at a repurchase price of no more than RMB318.52 per share. The repurchased shares will be used for employee stock ownership plans or equity incentives at an appropriate time in the future. 3. Jiangsu Leili Motor: Actual controller Su Da placed under CSRC investigation Jiangsu Leili Motor (300660.SZ) announced that the China Securities Regulatory Commission has decided to open an investigation into Su Da, the actual controller, director, and general manager, on suspicion of violations of laws and regulations related to information disclosure and share reduction. The company stated that this investigation is solely into Su Da personally, and that its various businesses and operations are currently normal. 4. Puya Semiconductor (Shanghai) Co., Ltd.: Registration approved by CSRC for asset purchase via share issuance and convertible bonds Puya Semiconductor (Shanghai) Co., Ltd. (688766.SH) announced that its plan to acquire a 49% equity interest in Zhuhai Noah Changtian Storage Technology Co., Ltd. by issuing shares, convertible corporate bonds, and paying cash, and to raise supporting funds, has received approval for registration from the China Securities Regulatory Commission. The supporting fundraising amount shall not exceed RMB77 million. 5. CXMT Corporation: Chairman proposes raising repurchase cap from RMB2 billion to RMB5 billion CXMT Corporation (688825.SH) announced that it has received a proposal from Chairman Zhu Yiming to increase the repurchase amount from "no less than RMB1 billion and no more than RMB2 billion" to "no less than RMB2.5 billion and no more than RMB5 billion," based on confidence in the company's continued future development and recognition of the company's value. 6. Fulin Precision: Fire at project under construction of controlled subsidiary Fulin Precision (300432.SZ) announced that a fire occurred at the heat transfer oil pipeline corridor on the east side of Plant No. 2 for grinding at the project under construction of Inner Mongolia Fulin Zhuzhou Times New Material Technology, a wholly-owned subsidiary of its controlled subsidiary Jiangxi Shenghua. The fire was caused by ignition from a heat transfer oil leak. All open flames have been extinguished, with no casualties. The project is still in the engineering construction and commissioning stage, and the company stated that core equipment of the main production line was not affected. 7. Keda Industrial Group: Court accepts bankruptcy liquidation of controlled subsidiary Keda Industrial Group (600499.SH) announced that the People's Court of Faku County, Liaoning Province, has ruled to accept the bankruptcy liquidation application for its controlled subsidiary Shenyang Keda Clean Energy Gas Co., Ltd. Shenyang Keda Clean Energy was established in April 2010 and is mainly engaged in the clean coal-fired business. 8. Jiangsu Hengrui Pharmaceuticals: BLA for camrelizumab as first-line treatment for liver cancer re-accepted by FDA Jiangsu Hengrui Pharmaceuticals (600276.SH) announced that its resubmitted Biologics License Application (BLA) for camrelizumab for injection combined with apatinib mesylate tablets for first-line treatment of patients with unresectable or metastatic hepatocellular carcinoma has been accepted by the U.S. FDA, with a target review date of April 9, 2027. Operating Performance 1. Chongqing Changan Automobile: October sales 233,200 vehicles, including 102,500 overseas Chongqing Changan Automobile (000625.SZ) announced that cumulative sales for January-October were 1,925,905 vehicles, down 18.88% year on year. 2. Wens Foodstuff Group: October sales of 3.2572 million hogs, revenue RMB4.102 billion Wens Foodstuff Group (300498.SZ) announced that October sales of broiler chickens were 126.5878 million birds, with revenue of RMB3.612 billion. Repurchases & Shareholding Changes 1. Shanghai Pharmaceuticals Holding: Shangshi International under controlling shareholder plans to increase H-share holdings by 11 million to 22 million shares Shanghai Pharmaceuticals Holding (601607.SH) announced that Shangshi International has increased its H-share holdings by 800,000 shares, and its shareholding after the increase accounts for 10.119% of total share capital. 2. Hengtong Optic-Electric: Controlling shareholder plans to increase holdings by RMB400 million to RMB600 million Hengtong Optic-Electric (600487.SH) announced that Hengtong Group currently holds 24.07% and plans to implement the increase through centralized bidding within 12 months. 3. Sinomine Resource Group: Person acting in concert with actual controller plans to increase holdings by RMB40 million to RMB60 million Sinomine Resource Group (002738.SZ) announced that Wang Zhiwei, one of the actual controllers and son of Chairman Wang Pingwei, will increase holdings with his own funds through centralized bidding. Major Contracts 1. Changgao Electric Group: Four subsidiaries win State Grid project worth RMB230 million Changgao Electric Group (002452.SZ) announced that its four subsidiaries won bids in three product categories: combined electrical apparatus, disconnectors, and switchgear. 2. Jiangsu Linyang Energy: Wins State Grid project worth approximately RMB199 million Jiangsu Linyang Energy (601222.SH) announced that the winning products include Class A single-phase smart electricity meters, Class B three-phase smart electricity meters, dedicated transformer collection terminals, and others. Other 1. Hybio Pharmaceutical: GLP-1 triple-target agonist HY3003 receives U.S. FDA clinical trial clearance Hybio Pharmaceutical (300199.SZ) announced that HY3003 is a weekly formulation intended for indications such as weight loss, type 2 diabetes, and metabolic dysfunction-associated steatohepatitis.