Daily Market Brief · Monday, 6 July 2026

*ST Tianlong shares to be delisted on July 9 as Yuan Dao faces major violation risk

Investors are cautioned as *ST Tianlong prepares for delisting, while Yuan Dao Communications warns of potential major violations leading to its own delisting.

82 material announcements from 57 companies

Today’s announcements highlight significant risks for several companies, particularly in the context of potential delistings and restructuring efforts.

Earnings & Performance

  • Jiangsu Eastern Shenghong Co.,Ltd. (000301): The company projects significant year-on-year growth in net profit for the first half of 2026, estimating between 420,000 and 500,000 million yuan, driven by improved industry conditions and rising product prices.
  • Tianshan Aluminum Group Co., Ltd. (002532): Forecasts a 101.52% increase in net profit for H1 2026, reaching 420 million RMB, attributed to rising aluminum prices and enhanced production efficiency.

Deals & Restructuring

  • Yuan Dao Communications Co., Ltd. (301139): Issued a risk warning regarding potential delisting due to major violations, following a notice from the China Securities Regulatory Commission (CSRC) for alleged false financial reporting.
  • *ST Tianlong Co., Ltd. (300029): Announced its shares will be delisted on July 9, 2026, marking the fifth risk warning as it enters the delisting stage. Investors are urged to manage their investments carefully.
  • *ST Quanwei Co., Ltd. (300716): Signed a pre-restructuring investment agreement with an industrial investor consortium, aiming to improve its financial structure and profitability.
  • Hangxin Technology Co., Ltd. (300424): Announced the early redemption of its convertible bonds, with the last conversion day set for July 7, 2026, after which unconverted bonds will be mandatorily redeemed.
  • *ST Hengjiu Co., Ltd. (002808): Issued a third risk warning as its stock enters the delisting arrangement period, with a planned delisting on July 13, 2026.

Regulatory & Governance

  • ST Cuihua Co., Ltd. (002731): Under investigation by the CSRC for alleged information disclosure violations, facing potential delisting risks due to failure to disclose periodic reports.
  • ST Diri Co., Ltd. (300396): Announced progress on addressing internal control issues that led to a risk warning for its stock.
  • Yisheng Pharmaceutical Co., Ltd. (002566): Received a notice from the Jilin Provincial Drug Administration to suspend production and sales of two products due to serious defects.

Other Notable Developments

  • Guangxi Yuegui Guangye Holdings Co., Ltd. (000833): Received approval from the CSRC for its application to issue shares to specific objects, valid for 12 months.
  • Hunan Junxin Environmental Protection Co., Ltd. (301109): Signed a concession agreement for a waste technology treatment project in Kyrgyzstan, expected to enhance overseas business.
  • Wuxi Best Precision Machinery Co., Ltd. (300580): Issued a notice regarding abnormal stock trading fluctuations, clarifying that recent performance does not significantly impact overall results.
  • Zhaojin International Gold Co., Ltd. (000506): Announced abnormal trading fluctuations due to a stock price increase exceeding 20% over two days, advising investors to remain cautious.

Investors should closely monitor these developments as they may significantly impact stock performance and investment strategies.

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.