Selected A-share announcements | BeiGene (688235.SH) raised 2026 revenue forecast to 46.3 billion yuan - 47 billion yuan

Today's focus

1. Xingyuan Material: Designated as a diaphragm by Volkswagen Group's power battery subsidiary

Xingyuan Materials (300568.SZ) announced that the wholly-owned subsidiary European Xingyuan signed a “fixed-point agreement” with a power battery subsidiary under Volkswagen Group to supply about 1,558 billion square meters of wet coated lithium-ion battery separator materials from 2027 to 2034; in addition to the previous agreement signed in November 2024, the company expects to supply a total of about 3.6 billion square meters to the customer. The agreement is a framework agreement and does not constitute a performance commitment. The actual purchase quantity is subject to the order.

2. Tianci Materials: Signed a long-term supply agreement with Everweft Lithium Energy and is expected to supply 450,000 tons of electrolyte from 2027 to 2029

Tianci Materials (002709.SZ) announced that its wholly-owned subsidiary Jiujiang Tianci signed a “Long-term Supply Agreement” with Everweft Lithium Energy to supply 450,000 tons of electrolyte products from 2027 to 2029. The order volume can fluctuate 20% according to demand forecast, and the agreement is valid until December 31, 2029. If the agreement is fully implemented, it is expected to have a positive impact on the company's business performance from 2027 to 2029.

3. Societe Generale Silver Tin: Acquired control of *ST Weiling

Societe Generale Silver Tin (000426.SZ) announced that through a wholly-owned subsidiary, Shannan Antimony Gold, held a total of 13.33% of ST Weiling's shares through partial acquisitions, centralized bidding, and bid for judicial auctions of shares, making it its largest shareholder and controlling more than half of the board seats. ST Weiling's controlling shareholder was changed to Shannan Antimony Gold, and the actual controller was changed to Ji Xingye.

4. BeiGene: Raised 2026 revenue forecast to 46.3 billion yuan to 47 billion yuan

BeiGene (688235.SH) announced that revenue for the full year of 2026 is expected to be between RMB 46.3 billion and RMB 47 billion, up from the previous forecast of RMB 44.9 billion to RMB 46.2 billion; the balance of operating income after deducting operating costs, R&D expenses, sales and management expenses, taxes and surcharges is expected to be between RMB 8.4 billion and RMB 9 billion. The company's total revenue for the first three quarters was 34.993 billion yuan, an increase of 26.8% over the previous year.

5. China Micro Corporation: Plans to repurchase shares for 400 million yuan to 500 million yuan

China Micro (688012.SH) announced that the company plans to use initial overraised capital and its own capital to repurchase shares through centralized bidding. The repurchase amount is not less than 400 million yuan and no more than 500 million yuan. The repurchase price is not more than 433.04 yuan/share, and the repurchase of shares is intended to be used for employee stock ownership plans or share incentives.

6. Shandong Gold: Plans to repurchase shares for 300 million yuan to 400 million yuan and cancel all shares

Shandong Gold (600547.SH) announced that the company plans to repurchase A-shares through centralized bidding, with a repurchase amount of 300 million yuan to 400 million yuan, and the repurchase price will not exceed 48.57 yuan/share, all of which will be used to cancel and reduce registered capital; the company has obtained a special repurchase loan commitment of no more than 360 million yuan from the Jinan branch of the Industrial and Commercial Bank of China.

Operating performance

1. Huahong Hongli: Sales revenue reached a record high in the third quarter, accounting for profit of US$123.4 million

Huahong Hongli (688347.SH) announced that sales revenue for the third quarter was 987.1 million US dollars. Comparable caliber increased 19.9% year over year, reaching another record high.

2. Muyuan Co., Ltd. sold 5.913 million commercial pigs in October, with revenue of 7.253 billion yuan

Muyuan Co., Ltd. (002714.SZ) announced that the average sales price of commercial pigs in October was 9.64 yuan/kg, a year-on-year decrease of 16.54%.

3. SIPG Group: The container throughput of the home port is expected to be 4.981 million TEUs in October, an increase of 9.8% over the previous year

SIPG (600018.SH) announced that the cargo throughput of the home port is expected to be 52.09 million tons in October, an increase of 5.6% over the previous year.

Repurchase & increase or decrease holdings

1. Lingyi Intelligent Manufacturing: Actual controller Zeng Fangqin completed an H-share increase of 163 million yuan

Lingyi Intelligent Manufacturing (002600.SZ) announced that Zeng Fangqin increased his holdings of H shares by 36.036 million shares, accounting for 0.44% of the total share capital, and the plan to increase his holdings has been completed.

2. China Tianying: The controlling shareholder completed the 99.704 million yuan shareholding increase plan

China Tianying (000035.SZ) announced that the holding stock Dongnan Tongqianchuang increased its holdings by 21.3838 million shares, accounting for 0.90% of the total share capital.

3. Caesar Travel: Controlling shareholders plan to increase their holdings by 50 million yuan to 60 million yuan

Caesar Tourism (000796.SZ) announced that Huanhai Cultural Tourism has obtained a letter of commitment from SPD Bank to increase its holdings by 50 million yuan for a period of 2 months.

Sign a big order

1. King Kong PV: The holding subsidiary signed a computing power cloud service contract, with an estimated total price of no more than 1,536 billion yuan

King Kong Solar (300093.SZ) announced that the contract amount accounted for more than 100% of the company's audited main business revenue in the most recent fiscal year.

2. Dayu Water Conservation: The consortium won the bid for the Hushan Reservoir irrigation area project, totaling about 2.144 billion yuan

Dayu Water Saving (300021.SZ) announced that the company and its subsidiaries each undertook 9.77% of the construction, operation and maintenance tasks for the project, and the cooperation period was 40 years.

others

1. Pudong Development Bank: Proposed to redeem two installments of 15 billion yuan of preferred shares each

Pudong Development Bank (600000.SH) announced that it plans to redeem Pudong 1 and Pudong Development Bank 2 on December 3, 2026 and March 11, 2027, respectively.

2. Fuchun Co., Ltd.: The actual controller Miao Pinzhang was prosecuted on suspicion of insider trading

Fuchun Co., Ltd. (300299.SZ) announced that Miao Pinzhang is currently on bail awaiting trial, awaiting the first instance verdict of the Fuzhou Intermediate Court.