*ST Hengjiu faces delisting as Shenzhen Stock Exchange terminates its stock listing

Today, significant developments include the impending delisting of *ST Hengjiu Co., Ltd. (002808) and various corporate actions from other companies.

Earnings & Performance

• *ST Hengjiu Co., Ltd. (002808) received a decision from the Shenzhen Stock Exchange to terminate its stock listing due to continuous losses and a qualified audit opinion. The stock will enter a delisting period starting June 23, 2026, lasting 15 trading days, during which no major asset restructurings will occur. Investors are advised to settle relevant businesses before delisting.

Deals & Restructuring

• Lideman Co., Ltd. (300289) will hold its 2026 First Extraordinary General Meeting on June 29, 2026, to discuss 25 proposals, primarily concerning a major asset restructuring, including the acquisition of assets and financing arrangements.
• Jiangsu Dongxing Medical Technology Co., Ltd. (301290) is initiating a major asset purchase involving assets from Bao Shijun and Hubei Tianhui Technology Development Co., Ltd. The company confirmed the accuracy and completeness of the disclosed information in compliance with regulatory requirements.
• Fulin Precision Co., Ltd. (300432) plans to issue shares to CATL to raise up to 3.175 billion RMB for projects including lithium iron phosphate production and new energy vehicle components. This private placement is a related-party transaction.
• Ningbo Founder (300998) is planning a major asset restructuring to acquire 60% of Fujian Junpeng Communication Technology, with due diligence ongoing.
• Digiwin Co., Ltd. (300378) announced its acquisition of 51% equity in Shanghai Nengyu Technology for RMB 196.35 million to enhance its AI capabilities.

Regulatory & Governance

• ST E-Link Group (300096) received a "Notice of Prior Administrative Penalty" from the CSRC Xiamen Bureau for alleged information disclosure violations, proposing penalties including fines and a lifetime market ban for an individual.
• Dongxing Medical Co., Ltd. (301290) responded to the Shenzhen Stock Exchange's inquiry regarding its major asset acquisition, confirming sufficient financial assets to support the transaction without adverse changes to its financial condition.

Other Notable Developments

• Shenzhen Click Technology Co., Ltd. (002782) plans to issue A-shares to specific targets to raise up to 650 million RMB for AI-related projects and working capital, with the issuance subject to shareholder approval.
• Huakai Yibai Technology Co., Ltd. (300592) will invest RMB 120 million in Shenzhen Bixunhe to acquire a 60% stake, aiming to enhance its cross-border e-commerce business.
• Shandong Fengyuan Chemical Co., Ltd. (002805) announced a plan to issue A shares to raise no more than RMB 1.428 billion for lithium battery material projects, with measures to compensate for potential dilution of earnings per share.
• ST Changfang Co., Ltd. (300301) reported new debt defaults totaling RMB 286.5 million and is negotiating with creditors for extensions and repayment plans.