****2024.10.31

On the evening of the [month] [day], several listed companies in the Shanghai and Shenzhen stock markets issued announcements. Below is a summary of some important announcements by First Financial News for investors' reference.

【Major Events】 Everbright Securities: Approved to Issue Up to RMB Billion in Short-term Corporate Bonds Everbright Securities announced that it has recently received approval from the China Securities Regulatory Commission for the registration of its public issuance of short-term corporate bonds to professional investors. The total face value of the short-term corporate bonds to be issued publicly shall not exceed RMB billion. Daqo New Energy: Vice President Cao Wei Resigns Daqo New Energy announced that Cao Wei has applied to resign from his position as Vice President due to personal reasons. After his resignation, Cao Wei will no longer hold any position within the company. The work he was responsible for has been smoothly transitioned, and his resignation will not adversely affect the company's daily operations. Xiangtan Electrochemical: Wholly-owned Subsidiary Obtains Mining License Xiangtan Electrochemical announced that its wholly-owned subsidiary, Jingxi Xiangtan Electrochemical Technology Co., Ltd. (referred to as "Jingxi Electrochemical"), has completed the process of converting exploration rights to mining rights for the Aitun Manganese Mine in Jingxi City, Guangxi, and has obtained the "Mining License of the People's Republic of China" issued by the Natural Resources Department of the Guangxi Zhuang Autonomous Region. This acquisition of the mining rights for the Aitun Manganese Mine will increase the company's manganese ore reserves and provide raw material security for Jingxi Electrochemical's product production. Yuekai Development: Debt-to-Equity Conversion and Capital Increase in Controlled Subsidiary Yuekai Development announced that its board of directors has approved a proposal to convert shareholder loans of RMB 1.2 billion into equity in its controlled subsidiary, Chongqing Langfu Real Estate Co., Ltd., in proportion to their respective shareholdings. After this capital increase, the shareholding ratios of both parties will remain unchanged. 【Performance】 Guangzhou Port: Expected to Handle 2.1 Million TEUs in October, Up 10.2% YoY Guangzhou Port announced that it is expected to handle 2.1 million TEUs in October, an increase of 10.2% year-on-year. The expected cargo throughput for the month is 45.5 million tons, up 3.6% year-on-year. From January to October, the company is expected to handle 19.7 million TEUs, an increase of 3.9% year-on-year, and 445.5 million tons of cargo, up 1.4% year-on-year. 【Increase/Decrease in Shareholdings】 Hawn Auto Electronics: Controlling Shareholder Plans to Increase Stake by RMB 50-100 Million Hawn Auto Electronics announced that its controlling shareholder, Shenzhen Hawn Technology Group Co., Ltd., plans to increase its stake in the company within 6 months from the date of the announcement, using its own funds or funds raised through other means. The total amount of the planned increase will be no less than RMB 50 million and no more than RMB 100 million. 【Share Buyback】 Longi Green Energy: RMB 2.0 Billion in Shares Repurchased by End of October Longi Green Energy announced that by the end of October 2023, the company had repurchased a total of 100 million shares, accounting for 1.32% of the company's total share capital. The highest price of the repurchase was RMB 22.87 per share, and the lowest price was RMB 20.46 per share. The total amount of funds paid was RMB 2.0 billion (excluding transaction fees). Tongda Group: Chairman Proposes to Repurchase Shares for RMB 50-100 Million Tongda Group announced that its actual controller, chairman, and general manager, Wan Feng, proposed that the company repurchase shares using funds raised through various means. The repurchased shares are intended for implementation of equity incentives or employee stock ownership plans. The total amount of funds for the repurchase will be no less than RMB 50 million and no more than RMB 100 million. The upper limit of the repurchase price will not exceed 150% of the average trading price of the company's shares in the 30 trading days prior to the board's approval of the repurchase plan.

WeChat editor | 格蕾丝

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Author: Emma

An experienced news writer, focusing on in-depth reporting and analysis in the fields of economics, military, technology, and warfare. With over 20 years of rich experience in news reporting and editing, he has set foot in various global hotspots and witnessed many major events firsthand. His works have been widely acclaimed and have won numerous awards.

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