Announcement Highlights: Chitianhuo, Sanfangxiang, and Others Issue Risk Warnings; China Southern Power Grid Energy Storage Plans to Invest Approximately 73.79 Billion Yuan in Pumped-Storage Hydroelectric Station Project

People’s Financial News, March 16 — [Hot Topics] Sanfangxiang: Recently, prices of major chemical products and company products have fluctuated significantly, but there has been no obvious impact on the company’s profitability or gross profit margin. Chitianhua: The methanol market price has slightly increased recently; the company’s methanol products have not engaged in external export sales. Duofuduo: Yifeng Electronics has not established any form of business cooperation, brand licensing, or product manufacturing relationships with Shufu Xiang, Zengqiao Food, or other companies. Xiangyou Technology: Under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws and regulations. [Performance] Spring Airlines: Passenger turnover in February increased by 25.58% year-on-year. HNA Holding: Passenger transportation volume in February increased by 8.28% year-on-year. Air China: Passenger turnover in February increased by 14.68% year-on-year. China Southern Airlines: Passenger turnover in February increased by 13.82% year-on-year. Air China: Passenger turnover in February increased by 19.1% year-on-year. Wanhua Chemical’s earnings report: Net profit in 2025 was 12.527 billion yuan, down 3.88% year-on-year. Jinfang Energy: Net profit in 2025 increased by 176.06% year-on-year; plans to distribute 2.5 yuan per 10 shares and transfer 4 shares for every 10 shares. [Share Reduction and Increase] Youfa Group: Directors plan to reduce holdings by no more than 3.0625 million shares, accounting for 0.21% of the company’s total share capital. Xidian New Energy: Changjiang Chendao plans to reduce holdings by no more than 1.54%. Laimu Co.: Controlling shareholder and actual controller plan to reduce holdings by no more than 3%. Huiyu Pharmaceutical: Shareholders plan to reduce holdings by no more than 3%. Zhejiang Medicine: Guotou Gaoke plans to reduce holdings by no more than 1%. Xinghuan Technology: Linzhi Lichuang plans to reduce holdings by no more than 1%. Zhaoyan New Drug: Shareholders plan to reduce holdings by no more than 4.1%. Electric Power Research Institute: Controlling shareholder and actual controller plan to reduce holdings by no more than 1%. 263: Controlling shareholder plans to reduce holdings by no more than 2%. Southern Power Grid Energy: Shareholder Green Energy Mixed Reform Fund plans to reduce holdings by no more than 2%. [Share Repurchase] Nanya New Materials: Plans to repurchase shares worth 90 million to 180 million yuan. [Contract Bidding Wins] Anhui Construction Engineering: Subsidiaries collectively won construction projects totaling 1.442 billion yuan. Jianghe Group: Won engineering projects worth approximately 274 million yuan. Kaineng Health: Signed a cooperation intention with Sichuan Academy of Medical Sciences and Sichuan Provincial People’s Hospital. Huaneng Science & Industry: Signed a purchase (entrusted) R&D contract for about 373 million yuan for bucket wheel stacker-reclaimer equipment. TGOOD: Won a pre-assembled wind power substation project with volume procurement, amounting to about 150 million yuan. [Equity Changes] Watson Bio: Planning to issue A-shares to specific targets, which may lead to a change in control; trading suspension from March 17. Wede Information: Shareholders plan to inquire about and transfer a total of 4.97% of the company’s shares. [Major Investments] Southern Power Grid Energy Storage: Planning to invest approximately 7.379 billion yuan in the Guangdong Xinfeng Pumped Storage Power Station project. Sanlian Forging: Planning to invest about 400 million yuan to build a high-temperature alloy blade production line. Shanghai Airport: Planning to invest 1.469 billion yuan to build the Pudong International Airport Operation Support Base project. Top Group: Planning to establish a 300 million yuan fund mainly investing in advanced intelligent manufacturing, integrated circuits, and other emerging industries. Yongzhen Co.: Planning to invest 480 million yuan to upgrade a project producing 70,000 tons of ultra-wide thin-walled flat extruded aluminum profiles and their deep processing products annually. [Mergers and Acquisitions] Gaoling Information: Planning to acquire control of Kairui Xingtong; stock trading will be suspended starting tomorrow. [Other News] Zhifei Biological: The clinical trial approval for the modified Ankara smallpox vaccine (MVA) monkeypox attenuated live vaccine has been granted. Yunnan Energy Investment: The Jiaozi photovoltaic power generation project has achieved full capacity grid connection. Bestway: The actual controller, Chen Feng, received an administrative penalty notice in advance. *ST Wanfang: The company’s stock may be delisted due to a market value below 500 million yuan. Haohai Biological: Intraocular cross-linked sodium hyaluronate gel product received medical device registration certificate. Hengshun Vinegar: The annual production of 30,000 tons of brewed vinegar expansion project has been put into production. Xuelang Environment: Preparations for pre-restructuring investor selection are about to start; stock trading will be suspended from tomorrow. Suda Co.: Actual controller and chairman Li Xiyuan has been detained. Morning Light Co.: Planning to split off its holding subsidiary Keleipu Technology Group for listing on the Hong Kong Stock Exchange.