Daily Market Brief · Tuesday, 14 July 2026

*ST Hengjiu delisted as ST Cuihua faces potential delisting risk amid CSRC investigation

Suzhou Hengjiu Optoelectronics Technology Co., Ltd. has officially delisted from the Shenzhen Stock Exchange, while ST Cuihua Co., Ltd. warns investors of a potential delisting due to late report disclosures and ongoing investigations.

120 material announcements from 65 companies

Today, the Shenzhen Stock Exchange witnessed significant developments, particularly concerning delistings and potential risks for several companies. Notably, *ST Hengjiu Co., Ltd. has officially terminated its stock listing, while ST Cuihua Co., Ltd. faces serious scrutiny that could lead to its delisting.

Earnings & Performance

  • ST Lingnan Co., Ltd. (002717) forecasts a net loss for H1 2026, estimating losses between RMB 210-310 million, attributed to historical debt and operational challenges.
  • Delixi Holdings (002571) anticipates a net loss exceeding RMB 50 million for H1 2026 due to subsidiary shutdowns and export tax adjustments.
  • Jiangsu Yinhe Electronics Co., Ltd. (002519) expects a net profit of RMB 5-6 million for H1 2026, a recovery from a loss in the previous year.
  • Ruida Futures Co., Ltd. (002961) projects a significant net profit increase for H1 2026, estimating between RMB 400-430 million, driven by strong market activity.

Deals & Restructuring

  • Kevin Education Co., Ltd. (002659) is undergoing a significant equity change, acquiring a 28.84% stake in Beijing Kaiwen Education Technology Co., Ltd. through a share transfer agreement valued at RMB 700 million.
  • Lvtong Technology Co., Ltd. (301322) plans to acquire a 29.4773% stake in Suzhou Chengrui Technology Co., Ltd. for RMB 40.27 million and inject RMB 60 million in capital, aiming for a controlling interest.
  • Shenzhen Sunway Communication Co., Ltd. (300136) intends to acquire a 55% stake in Yiyang Electronics Technology for RMB 1.1 billion, enhancing its position in the high-end MLCC market.

Regulatory & Governance

  • ST Cuihua Co., Ltd. (002731) has issued a risk warning regarding potential delisting due to late disclosures of its 2025 annual report and Q1 2026 report, alongside an ongoing investigation by the CSRC for information disclosure violations.
  • Tonze New Energy Technology Co., Ltd. (002759) received a notice of administrative penalty for misrepresenting financial data, leading to an "ST" designation and trading suspension.
  • *ST Hengjiu Co., Ltd. (002808) has officially delisted from the Shenzhen Stock Exchange and appointed Shanxi Securities Co., Ltd. as its sponsor broker for future trading services.

Other Notable Developments

  • ST Longda Co., Ltd. (002726) announced it cannot repay its convertible bonds upon maturity, leading to pre-restructuring proceedings.
  • *ST Yushun Co., Ltd. (002289) plans to issue A-shares to its controlling shareholder to raise up to RMB 1.5 billion for debt repayment and working capital.
  • Zhonglan Environmental Protection Co., Ltd. (300854) signed a major contract worth RMB 185.6 million for a waste resource recycling project, expected to positively impact performance.
  • Haisco Pharmaceutical Group Co., Ltd. (002653) received an acceptance notice for its IND application for the innovative drug HSK60002 tablets, indicating promising development prospects.

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.