*ST Tianlong faces delisting as stock enters arrangement period

Today's market saw significant announcements impacting several companies, particularly those facing delisting risks and financial restructuring.

Earnings & Performance

• Qinghai Salt Lake Industry Co., Ltd. (000792) forecasts a substantial increase in net profit for H1 2026, driven by higher sales and prices for potassium chloride and lithium carbonate.

Deals & Restructuring

• Suzhou Huaya Intelligence Technology Co., Ltd. (003043) will redeem its convertible bonds on July 9, 2026, with the last trading day on July 3, 2026. Investors are urged to convert or risk losses.
• Guangdong Haomei New Material Co., Ltd. (002988) plans to issue A-shares to raise up to 1.75 billion RMB for capacity expansion and R&D, pending final registration with the CSRC.
• Jiangsu Boyun Co., Ltd. (301003) announced progress on a shareholder equity transfer, signing a supplementary agreement adjusting terms with transferees.
• PowerTECH Co., Ltd. (301369) approved the acquisition of 100% equity in Northstar Technologies Limited for $10 million, aiming to enhance innovation.
• Tianjin Zhonghuan Semiconductor Co., Ltd. (002129) completed its acquisition of controlling equity in Yidao New Energy, enhancing vertical integration.

Regulatory & Governance

• *ST Tianlong Co., Ltd. (300029) issued a fourth risk warning as its stock enters the delisting arrangement period, effective July 9, 2026.
• *ST Lingnan Co., Ltd. (002717) faces additional risk warnings due to financial misstatements and ongoing regulatory actions, including potential delisting.
• *ST Shijing Co., Ltd. (301030) is implementing measures to address internal control deficiencies to lift its risk warning.
• *ST Modern Co., Ltd. (002656) is seeking to lift its delisting risk warning, but approval remains uncertain.

Other Notable Developments

• China Zhonghua Geotechnical Engineering Group Co., Ltd. (002542) reported abnormal stock trading fluctuations, confirming normal operations despite a delisting risk warning due to negative net assets.
• Guangdong Yuehai Feeds Group Co., Ltd. (001313) announced significant stock trading fluctuations, advising investors to make rational decisions.
• Hubei NengTer Technology Co., Ltd. (002102) reported a judicial freezing of part of its shares, which may affect its repurchase process.
• *ST Xinyuan Co., Ltd. (300472) announced the partial freezing of shares held by its controlling shareholder, though it is not expected to impact operations significantly.
• *ST Nachuan Co., Ltd. (300198) received a court ruling terminating enforcement procedures for a major arbitration case due to insufficient executable assets.

Investors are advised to monitor these developments closely, particularly those involving potential delistings and financial restructurings.