The integration of State Grid assets is accelerating. State Grid Yingda and NARI Technology announced the transfer of state-owned equity on the same day | Quick Announcement.
① State Grid Yingda and NARI Technology disclosed the state-owned equity transfer agreements on the same day, both involving Suzhou Electrical Apparatus Science Academy and NARI Group; ② Both belong to the internal gratuitous transfer of state-owned Assets, so it does not involve a takeover bid, and there has been no change in the actual controller; ③ The equity transfer is to implement the requirements of the State-owned Assets Supervision and Administration Commission of the State Council regarding the reduction of the corporate level and to clarify the equity relationships.
Urgent notice from the China Semiconductors Industry Association! How will the tariff storm reshape the industry landscape?
① According to regulations, the origin of "Integrated Circuits" is determined by the principle of changing the four-digit tariff number, meaning the location of wafer fabrication is regarded as the place of origin; ② The China Semiconductor Industry Association suggests that for "Integrated Circuits," whether packaged or unpackaged, the origin for import customs declaration should be based on the location of the "wafer fabrication plant"; ③ Institutions believe that after the U.S. announced its tariff policy, China's counter-tariff measures are significant as they will accelerate the process of domestic substitution.
A reshuffle is imminent as SPIC Industry-Finance Holdings officially announces a new Director | Read the announcement.
① SPIC Industry-Finance Holdings has undergone a leadership change, officially announcing the new Director Feng Junjie; ② The company announced last night that the asset restructuring and financing plan has been approved by the State-owned Assets Supervision and Administration Commission of the State Council.
Brokerage morning meeting highlights: Countermeasures against tariffs boost Shenzhen Agricultural Products Group prices, the planting chain directly benefits.
At today's Brokerage morning meeting, CITIC SEC believes that countermeasures against tariffs boost the prices of Shenzhen Agricultural Products Group, which directly benefits the planting chain; HAITONG SEC proposed a bullish view on the relative yields of the Banks Sector in April; Galaxy Securities stated that it focuses on Gold and countermeasures against rare earths.
The second company within 8 days! AVIC Industry-Finance Holdings plans to voluntarily (Delisted), with a premium of 0.10 on the Cash / Money Market option but still below net asset value | Quick read of the announcement.
① After a one-day suspension, it was announced to voluntarily delist; ② The current exercise price of the cash option is significantly lower than the net asset value per share.
Yunnan Copper's revenue increased in 2024, but profits did not; the production volume of main products for 2025 is raised | Interpretations
① Due to losses in Q4, Yunnan Copper will see an increase in revenue without profit growth for the entire year of 2024; ② The company has raised its main product output forecast for 2025.