*ST Tianlong faces delisting as Aier Eye expands into Brazil's ophthalmology market

Today’s market saw significant developments, particularly with *ST Tianlong Co., Ltd. facing delisting and Aier Eye Hospital Group Co., Ltd. making a strategic acquisition in Brazil.

Earnings & Performance

• *ST Tianlong Co., Ltd. (300029) announced that its stock will enter the delisting arrangement period on June 18, 2026, due to negative net assets and audit issues. The last trading day will be July 9, 2026, after which the stock will be delisted.
• The company also confirmed it received a decision from the Shenzhen Stock Exchange to terminate its stock listing, following a qualified audit opinion.

Deals & Restructuring

• Aier Eye Hospital Group Co., Ltd. (300015) will acquire control of a Brazilian ophthalmology services group through its wholly-owned subsidiary, AIER Brazil, for BRL 530 million. This acquisition aims to expand Aier's global presence and enhance its competitive position.
• The acquisition was approved in the company's seventh board meeting and is expected to strengthen Aier's international brand influence.

Other Notable Developments

• Ningbo Sunrise Elc Technology Co., Ltd. (002937) announced the early redemption of its "Xingrui Convertible Bonds" due to meeting conditional redemption terms, with the last trading day being today.
• Xinjin Power Co., Ltd. (300157) reported that its subsidiary won a bid for gas turbine maintenance services in Turkmenistan, valued between USD 15-20 million.
• Dongguan YuTong Optical Technology Co., Ltd. (300790) is issuing shares to specific objects on the ChiNext board, aiming to raise up to RMB 890 million for expanding production.
• Zhiyun Co., Ltd. (300097) announced a judicial auction of shares held by a major shareholder, although he will remain the largest shareholder post-auction.
• ST United Co., Ltd. (300477) received an execution notice regarding a debt of RMB 122 million and is monitoring the situation closely.
• Huaru Technology Co., Ltd. (301302) reported abnormal stock trading fluctuations but confirmed no undisclosed material events or insider trading.
• Shenzhen Megmeet Electrical Co., Ltd. (002851) plans to issue H shares and list on the Hong Kong Stock Exchange, with several resolutions passed to support this initiative.
• Jiangsu Zhongli Group Co., Ltd. (002309) announced the resignation of its chairman and the appointment of a new director to fill the vacancy.
• BYD Company Limited (002594) was included on a US Department of Defense list of Chinese military companies, which it contests as unjustified, expecting no impact on operations.

These announcements reflect ongoing strategic moves and regulatory challenges within the market.