Zhaori Technology suspends trading to plan asset acquisition amid control change

Today’s market saw significant developments, particularly in asset acquisitions and trading suspensions. Zhaori Technology Co., Ltd. and Tianshui Huatian Technology Co., Ltd. both made major announcements regarding their strategic plans.

Earnings & Performance

• Hangzhou DPtech Technologies Co., Ltd. (300768) released its 2026 semi-annual report, confirming no cash dividends or bonus shares for this period.

Deals & Restructuring

• Zhaori Technology Co., Ltd. (300333) has suspended trading of its shares starting August 6, 2026, to plan an issuance of shares and cash payment for an asset acquisition. The company expects to disclose the transaction plan within five trading days, following a potential change in corporate control involving Mr. Qu Jialin.
• Tianshui Huatian Technology Co., Ltd. (002185) proposed to acquire assets through share issuance and cash payments, while raising supporting funds. This involves related parties, including Tianshui Huatian Electronic Group Co., Ltd. The draft summary for the upcoming board meeting review has been provided.
• Dajin Heavy Industry Co., Ltd. (002487) signed a contract with a Norwegian owner to build two 211,000DWT bulk carriers, valued at approximately RMB 1 billion, with delivery scheduled by 2029.
• Tongyu Communication Inc. (002792) plans to sell idle factory buildings and land use rights for RMB 57 million to enhance operational efficiency.
• Boshen Co., Ltd. (002282) will establish a joint venture with Shandong Wanchang Shun Environmental Protection Technology Co., Ltd. to invest in the insulated pipe business, holding 70% of the joint venture.

Regulatory & Governance

• ST Cuihua Co., Ltd. (002731) announced that its controlling shareholder is under investigation by the CSRC for alleged information disclosure violations, which may lead to mandatory delisting.
• Yuan Dao Communications Co., Ltd. (301139) reported that its raised funds special accounts have been frozen due to an ongoing CSRC investigation for alleged financial misrepresentation, totaling RMB 9,045,225.69.
• *ST Lingnan Co., Ltd. (002717) is facing additional risk warnings due to false financial reporting and will restate financial information.
• Beijing Beimo High-tech Frictional Material Co., Ltd. (002985) responded to an audit inquiry regarding its proposed private placement of shares, addressing strategic rationale and project feasibility.

Other Notable Developments

• Hunan Yuneng New Energy Battery Material Co., Ltd. (301358) held its second extraordinary general meeting, approving multiple proposals including a new energy battery material recycling project.
• Guangzhou Zhiguang Electric Co., Ltd. (002169) announced a RMB 217 million contract for energy storage system equipment, expected to positively impact financial performance.
• ST Development Co., Ltd. (000838) announced the continued suspension of its shares due to uncertainties in the pre-restructuring investor selection process.
• Delong Energy Co., Ltd. (000593) addressed abnormal trading fluctuations, denying rumors of asset injection and confirming unchanged fundamentals.
• Haichuan Intelligent Co., Ltd. (300720) reported abnormal stock trading fluctuations, confirming no undisclosed material events.

Investors should monitor these developments closely as they may significantly impact the respective companies' future performance.