March 20 Evening Listed Company Positive News Overview(Attached List)

Several listed companies in the Shanghai and Shenzhen markets released important announcements on the evening of March 20. Here is a summary of the positive news:

Yuntu Holdings: Fully owned subsidiary completes trial production of 700,000-ton synthetic ammonia project

Yuntu Holdings (002539) announced on March 20 that its wholly owned subsidiary, Yingcheng Chemical, successfully started operation of the 700,000-ton synthetic ammonia project. The project has produced qualified synthetic ammonia products, officially entering the trial production phase, and has achieved stable full-capacity operation. Additionally, the supporting 1 million-ton compound fertilizer project has also entered trial production, with 500,000-ton production lines reaching full capacity. The remaining supporting lines will be completed and put into operation gradually.

Jemete: Plans to purchase a 21.5% stake in Daimond for 129 million yuan

Jemete (300868) announced on March 20 that it intends to acquire a 21.5% stake in Shenzhen Daimond Technology Co., Ltd. (“Daimond”) for 129 million yuan in cash, funded by the company’s own and raised funds. The company aims to expand its industrial layout and create new growth points through this transaction.

Jianghan New Materials: Adjusts product sales prices, generally increasing by 20%–40%

Jianghan New Materials stated on March 20 on its interactive platform that recent conflicts in the Middle East have led to a general increase in chemical prices. The company has adjusted its product sales prices according to market rules. It offers over 200 products across 14 series. Price adjustments vary by product, with no uniform standard, and the increase generally ranges from 20% to 40%.

HaoWei Group: Plans to invest an additional 1 billion yuan in Rongxin Semiconductor

HaoWei Group (603501) announced on March 20 that it plans to invest 1 billion yuan in cash to increase its stake in Rongxin Semiconductor (Ningbo) Co., Ltd. (“Rongxin Semiconductor”) by approximately 32.18 million yuan in registered capital. Based on the current round of investment totaling 4 billion yuan, the company expects to hold about 5.88% of Rongxin Semiconductor after the investment.

XiDi Micro: Chengxin Micro has become a wholly owned subsidiary

XiDi Micro (688173) announced on March 20 that it previously planned to acquire 100% of Shenzhen Chengxin Micro Technology Co., Ltd. (“Chengxin Micro”) for 310 million yuan. All preconditions for the transaction outlined in the Share Transfer Agreement have now been met. Chengxin Micro has amended its articles of association and shareholder register, and the company has appointed three directors to Chengxin Micro. Chengxin Micro completed shareholder changes, articles of incorporation amendments, and director changes on March 20, 2026 (“Settlement Date”), and obtained a new business license from the Shenzhen Market Supervision Administration. From the settlement date onward, Chengxin Micro has become a wholly owned subsidiary of the company.

Jinhua New Materials: Plans to expand electronic and optical adhesive materials project with 600 million yuan

Jinhua New Materials (603683) announced that its wholly owned subsidiary, Jiangsu Jinhua New Materials Technology Co., Ltd. (“Jiangsu Jinhua”), signed an Investment Intent Letter with the Zhangjiagang Free Trade Zone Management Committee. The project plans to invest 600 million yuan in fixed assets to expand the electronic and optical adhesive materials project within the Yangtze River Delta Chemical Industrial Park in Jiangsu. The project will cover 85 acres and focus on R&D and production of various electronic and optical materials.

Zhongmin Energy: Plans to build an 80MW fishery-light complementary photovoltaic power station in Zhaoan Sidu

Zhongmin Energy (600163) announced on March 20 that it intends to invest in the construction of an 80MW fishery-light complementary photovoltaic power station in Zhaoan, Zhangzhou, Fujian Province. The total investment is approximately 452 million yuan. The project includes a centralized photovoltaic power station with components such as DC arrays, inverters, and collection lines. The company will establish a project company to implement the project, with a registered capital of 90 million yuan. The company holds 51% of the project company, with a committed investment of 45.9 million yuan; Zhaoan Jinna Photovoltaic Power Co., Ltd. holds 49%, with a committed investment of 44.1 million yuan.

Chifeng Gold: Net profit expected to grow 74.7% in 2025, plans to pay 0.32 yuan per share

Chifeng Gold (600988) released its 2025 annual report on March 20, reporting operating revenue of 12.639 billion yuan, a year-on-year increase of 40.03%. Net profit attributable to shareholders was 3.082 billion yuan, up 74.7%. Basic earnings per share are 1.69 yuan. The company plans to distribute a cash dividend of 0.32 yuan per share (tax included), with no bonus shares or capital reserve transfer. During the reporting period, net cash flow from operating activities was 5.556 billion yuan, up 69.97%. All key performance indicators saw significant improvements.

(Source: Oriental Fortune Research Center)