Daily Market Brief ยท Friday, 12 June 2026

New Trend International Logis-Tech undergoes management buyout with major share transfers

Today International Logistics Technology Co., Ltd. announces significant equity changes involving a management buyout, while Jinpu Landscape and others prepare for early bond redemptions.

120 material announcements from 78 companies

Today's market saw significant developments, particularly in equity changes and bond redemptions across various companies. Notably, New Trend International Logis-Tech Co., Ltd. is undergoing a management buyout, which is expected to reshape its control structure.

Earnings & Performance

  • Jinpu Landscape Co., Ltd. (301098): Announced early redemption of its convertible bonds due to meeting redemption conditions. The last trading day is June 16, 2026, with unconverted bonds redeemable at 100.062 yuan each.
  • Shenzhen Longsys Electronics Co., Ltd. (301308): Plans to issue A-shares to raise up to 3.7 billion RMB for AI-focused R&D and working capital, pending regulatory approval.

Deals & Restructuring

  • New Trend International Logis-Tech Co., Ltd. (300532): Reports a management buyout involving Shao Jianfeng and Shenzhen Yuanangui Investment Co., Ltd. Shao Jianwei is transferring a total of 136 million shares, with the transaction subject to regulatory compliance.
  • North Long Dragon New Materials Tech Co., Ltd. (301357): Plans to acquire a 51% stake in Shenyang Shunyi Technology Co., Ltd. through a cash payment, pending shareholder approval.
  • *ST Quanwei Co., Ltd. (300716): Announced restructuring plans for its subsidiaries due to financial difficulties and is seeking restructuring investors to optimize its asset and debt structure.

Dividends & Buybacks

  • Jinpu Landscape Co., Ltd. (301098): Issued a reminder regarding the early redemption of its convertible bonds, urging investors to convert before the trading suspension.
  • Ningbo Sunrise Elc Technology Co., Ltd. (002937): Announced early redemption of its convertible bonds, with the last conversion day set for June 15, 2026.

Regulatory & Governance

  • *ST Haiyuan Co., Ltd. (002529): Responded to an inquiry from the Shenzhen Stock Exchange regarding its 2025 annual report, justifying significant revenue growth in its photovoltaic business.
  • *ST Quanwei Co., Ltd. (300716): The board approved the restructuring of subsidiaries and the termination of an equity transfer due to market conditions.

Other Notable Developments

  • Hengbo Holdings Co., Ltd. (301225): Completed the acquisition of a 75% stake in PT Optima Elektronik Manufaktur, valued at 86.12 billion Indonesian Rupiah.
  • Foshan Blue Rocket Electronics Co., Ltd. (301348): Approved the acquisition of 60% equity in Chengdu Xinyi Technology Co., Ltd. for RMB 336 million, pending shareholder approval.
  • Hubei Dinglong CO., Ltd. (300054): Announced significant progress in securing bulk orders for high-end wafer photoresist products, enhancing production capacity.

Investors should monitor these developments closely as they may impact market dynamics and company valuations.

In this brief

This brief is generated by AI from English translations of SZSE filings and may contain errors. It is for information only and is not investment advice.