A-share Announcement Highlights | Zhongji Innolight (300308.SZ) to cancel all repurchased shares worth nearly RMB5 billion; net profit up 211.81% in first three quarters

Today's Focus 1. Zhongji Innolight: Nearly RMB5 billion of repurchased shares to be fully cancelled; net profit in first three quarters RMB22.238 billion Zhongji Innolight (300308.SZ) announced that from September 1 to September 23, 2026, the company cumulatively repurchased 5.6531 million shares through centralized bidding, accounting for 0.48% of total share capital, with total payment of RMB4.997 billion. The purpose of the repurchased shares has been changed from employee stock ownership plan or equity incentive to full cancellation and reduction of registered capital. The proposal still needs to be deliberated by the shareholders' meeting. In the first three quarters, the company's operating revenue was RMB69.547 billion, up 178.13% year on year; net profit attributable to shareholders of the listed company was RMB22.238 billion, up 211.81% year on year. The company said orders for 800G, 1.6T and other products in the third quarter all achieved quarter-on-quarter growth compared with the second quarter. The company also mentioned that the People's Bank of China and two other departments have clearly changed the stock repurchase and increase-holding relending policy from a phased arrangement to a long-term institutional arrangement, with the relending rate reduced from 1.25% to 1% starting November 4, 2026. 2. Wuliangye Yibin: Controlling shareholder's RMB3.014 billion increase-holding plan completed, stake rises to 21.70% Wuliangye Yibin (000858.SZ) announced that from May 7 to November 6, 2026, Wuliangye Yibin Group cumulatively increased its holdings by 40.9675 million shares through centralized bidding, accounting for 1.06% of the company's total share capital, with an increase-holding amount of RMB3.014 billion. The increase-holding plan has been completed. After the increase, Wuliangye Yibin Group's shareholding ratio rose from 20.65% to 21.70%, and together with its concert party Yibin Development Holding, they hold a combined 56.14%. 3. CMOC Group Limited: Plans to repurchase RMB1 billion to RMB2 billion of shares, price ceiling RMB22.78 per share CMOC Group Limited (603993.SH) announced that the company plans to repurchase A-shares through centralized bidding using its own funds or self-raised funds, with a repurchase amount of RMB1 billion to RMB2 billion, a repurchase price of no more than RMB22.78 per share, and an implementation period of 3 months. Based on the upper limit, it is estimated that 87.7963 million shares will be repurchased, accounting for 0.41% of total share capital. This repurchase is for maintaining the company's value and shareholders' rights and interests. The company's closing stock price has fallen below 50% of its highest closing price in the past year. 4. FAWER Automotive Parts, Changchun FAWAY Group Automobile Components: China FAW takes over through free transfer, actual controller changes to SASAC of the State Council FAWER Automotive Parts (000030.SZ) announced that its controlling shareholder Jilin Province State-owned Capital Operation Group and its controlled Tianyi Company plan to transfer their 29.84% stake to China FAW for free. After the transfer, China FAW will directly and indirectly control a combined 55.54% stake, the controlling shareholder will change to China FAW, and the actual controller will change from Jilin Provincial SASAC to SASAC of the State Council. Changchun FAWAY Group Automobile Components (600742.SH) announced on the same day that its controlling shareholder Yadong Investment plans to transfer its 15.45% stake to China FAW for free. After the transfer, China FAW will hold a combined 38.39% stake, and the controlling shareholder and actual controller will change accordingly. 5. Shandong Longda Meishi: Actual controller Dai Xuebin investigated for suspected manipulation of the securities market Shandong Longda Meishi (002726.SZ) announced that the company's actual controller Dai Xuebin received a case filing notice from the China Securities Regulatory Commission. The CSRC decided to file a case against him on suspicion of manipulating the securities market. Dai Xuebin does not hold any position in the company and does not participate in the company's daily operating decisions. The company's board of directors operates normally, and production and operations are normal. 6. China Rare Earth Resources And Technology: Plans to issue shares to acquire China Rare Earth (Liangshan) equity, shares continue to be suspended China Rare Earth Resources And Technology (000831.SZ) announced that the company is planning to acquire equity in China Rare Earth (Liangshan) Rare Earth Co., Ltd. by issuing shares and raise supporting funds. The shares have been suspended from trading since the market open on November 2, 2026, with an expected suspension period of no more than 10 trading days. The transaction plan is still under negotiation and the transaction preliminary plan is still being prepared, so the company's shares will continue to be suspended. Operating Performance 1. Shaanxi Coal Industry: October power generation up 29.94% year on year, coal output 15.35 million tonnes Shaanxi Coal Industry (601225.SH) announced that October self-produced coal sales were 14.10 million tonnes, up 1.36% year on year. 2. Ningbo Zhoushan Port: October container throughput 4.82 million TEU, up 5.6% year on year Ningbo Zhoushan Port (601018.SH) announced that October cargo throughput was 98.56 million tonnes, down 2.3% year on year. Repurchases & Increases/Decreases in Holdings 1. Wus Printed Circuit: Chairman proposes repurchase of RMB500 million to RMB1 billion Wus Printed Circuit (002463.SZ) announced that Chairman Chen Meifang proposed a share repurchase for equity incentive or reduction of registered capital. 2. Ganfeng Lithium Group: Actual controller and chairman propose repurchase of RMB200 million to RMB400 million Ganfeng Lithium Group (002460.SZ) announced that the repurchased shares will be used to maintain the company's value and shareholders' rights and interests, with a term of 12 months. 3. Telling Telecommunication Holding: Shares held by concert party of controlling shareholder sold in judicial auction for RMB503 million Telling Telecommunication Holding (000829.SZ) announced that another 30.036 million shares failed to sell due to no bids, accounting for a combined 9.63% of total share capital. Major Contracts 1. Optics Technology Holding: Subsidiary wins Coherent indium phosphide long-term order, expected no less than US$601 million Optics Technology Holding (300489.SZ) announced that it will supply 6-inch indium phosphide substrates from 2027 to 2029. This is an intention agreement. 2. Nexwise Intelligence China: Signs RMB4.915 billion computing power technical service contract, term 60 months Nexwise Intelligence China (301248.SZ) announced that the contract amount is a provisional total price, and each batch is subject to the actual signed order. Other 1. G-bits Network Technology: Third-quarter cash dividend of RMB6 per share, totaling RMB431 million G-bits Network Technology (603444.SH) announced that the record date is November 12, and shares in the repurchase special account will not participate in the distribution. 2. Phoenix Shipping: Under CSRC investigation for suspected information disclosure violations Phoenix Shipping (000520.SZ) announced that all business activities are operating normally and the company will actively cooperate with the investigation.