Stock Market Navigator_March 16, 2026_Shanghai and Shenzhen Stock Market Announcements and Trading Tips

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[Trading Halt]

688693 Kaiwei Te

002569 *ST Busen

[Resumption of Trading]

601555 Dongwu Securities

[Major Events]

Dajin Heavy Industries: Recent UK government tariff adjustments do not affect tariffs on the company’s related export products

Dajin Heavy Industries issued an abnormal trading fluctuation announcement, stating that the company’s stock price has deviated by more than 20% over two consecutive trading days. The recent UK government tariff adjustment policy does not impact tariffs on the company’s related export products. Recently, the UK announced the removal of 33 wind power component import tariffs starting April 1, 2026. The company’s wind turbine towers and pipe piles previously exported to the UK are not subject to tariffs, and this policy will not affect the company’s future tariff payments.

*ST Busen: Controlling shareholder plans to transfer control, trading will be suspended from tomorrow

*ST Busen announced that on March 13, it received notice from its controlling shareholder, Fang Weitongchuang, that it is planning to transfer control of the company, which may lead to a change in control. Currently, all parties are discussing specific plans and agreements. The stock will be suspended from March 16, with an expected suspension period of no more than two trading days.

Jingtou Development: Plans to transfer real estate development assets and liabilities to the controlling shareholder, potentially constituting a major asset restructuring

Jingtou Development announced that it intends to transfer its real estate development assets and liabilities to its controlling shareholder, Jingtou Company. The transaction will be paid in cash and does not involve issuing shares, nor will it affect the company’s equity structure or result in a change of control. This is expected to constitute a major asset restructuring.

Zhaochi Co.: Currently in sample verification testing for MicroLED applications in optical communication and other fields

Zhaochi Co. issued an abnormal trading fluctuation announcement, stating that its stock price has increased by more than 20% over three consecutive trading days. The company notes high market interest in MicroLED concepts. The company’s main business remains unchanged, and the MicroLED applications in optical communication and other fields are still in the sample verification testing stage. This is unlikely to have a substantial short-term impact on performance. The company’s operations are normal, and there have been no significant changes in internal or external business environments.

Farsight: No equity relationship with Jiangsu Farsight Optical Communication Technology Co., Ltd. and other two companies

Farsight announced an abnormal trading fluctuation, with a cumulative increase of 22.62% over two days on March 12 and 13. Since February 6, 2026, the stock has increased by 107.68% over 20 consecutive trading days, with significant deviation from fundamentals, indicating market overexcitement and irrational speculation risks. If the stock price continues to rise, the company may request a trading halt for investigation. Investors should be cautious. The company’s business does not involve “special optical fibers” or “optical fibers,” nor does it involve “restructuring” or “backdoor listings.” Rumors about Jiangsu Farsight Optical Communication Technology Co., Ltd. and Jiangsu Farsight Optoelectronics Technology Co., Ltd. are false; both are subsidiaries of the company’s controlling shareholder and have no equity or business relations with the listed company. As of the date of this announcement, there are no plans to restructure these two companies.

Foton Motor: Adjusts Directors and General Manager

Foton Motor announced that on March 14, it received a letter from its controlling shareholder, Beijing Automotive Group Co., Ltd. (“BAIC Group”). According to the letter, BAIC recommends Lu Zhenghua as the company’s director and general manager. Wu Xibin will no longer serve as director or general manager, and Lu Zhenghua will no longer serve as executive vice president.

China High Tech: Subsidiary receives termination letter from Ping An Real Estate

China High Tech announced that its wholly owned subsidiary, Beijing Gaoke Guorong Asset Management Co., Ltd., received a “termination letter” from its related party, Shenzhen Ping An Real Estate Investment Co., Ltd. (“Ping An Real Estate”), on March 12, 2026. The agreements signed in April 2024, including the “Ping An Trust Arctic No.1 Property Rights Trust Asset Management Delegation Service Agreement” and its supplements, were officially terminated upon receipt of the termination letter. Asset management services will be arranged separately by Ping An Real Estate. Since the company’s asset management business is still in the early stages with limited scale and revenue contribution, this termination does not affect core operations or financial stability.

Aidi Pharmaceuticals: Detrimavir Sodium Tablets receive drug registration approval

Aidi Pharmaceuticals announced that it received the “Drug Registration Certificate” for Detrimavir Sodium Tablets, approved by the National Medical Products Administration on March 10. The drug is a Class 4 chemical medicine, indicated for use in combination with other antiretroviral drugs to treat HIV-infected adults and children over 12 years old.

Great Wisdom: Merger via share swap suspended due to expired data

Great Wisdom announced that it is progressing with a merger with Xiangcai Shares through a share swap, issuing A-shares to all A-share shareholders of the company. On March 14, 2026, the Shanghai Stock Exchange notified that the valuation data in the application documents had expired and needed updating. The exchange has suspended review according to relevant rules. This suspension does not significantly impact the transaction, and the company’s operations remain normal. The company and intermediaries are actively updating valuation and financial data, and will resubmit once completed.

[Performance Highlights]

Shantui Co.: Net profit in 2025 increased by 9.86%; plans to pay 10 yuan per 10 shares

Shantui Co. released its 2025 annual report, showing revenue of 14.62 billion yuan, up 2.82%; net profit attributable to shareholders was 1.211 billion yuan, up 9.86%; earnings per share were 0.81 yuan. The company plans to pay a cash dividend of 1.0 yuan per 10 shares (tax included).

Lutianhua: Net profit in 2025 increased by 50.23%

Lutianhua disclosed its annual report, with revenue of 4.495 billion yuan, down 11.34%; net profit attributable to shareholders was 31.78 million yuan, up 50.23%; earnings per share were 0.02 yuan.

[Share Repurchase]

Qingniao Fire Protection: Plans to repurchase 2.5%-5% of company shares

Qingniao Fire Protection announced that it plans to use its own funds and raised funds to repurchase shares via centralized bidding, at a price not exceeding 16.00 yuan per share. The repurchased shares will be no less than 2.5% of total shares (about 21,995,222 shares) and no more than 5% (about 43,990,443 shares). The repurchased shares will be used for employee stock ownership plans or equity incentives.

[Major Contracts Signed]

Zhefu Holding: Wins bid for 412 million yuan hydro turbine generator set and auxiliary equipment project

Zhefu Holding announced it received a “Winning Bid Notice,” confirming it as the successful bidder for the hydro turbine generator set and auxiliary equipment project at Changbiao Water Diversion Power Station on the upper reaches of the Jinsha River, with a total bid amount of 412 million yuan, accounting for about 1.97% of the company’s 2024 revenue. With a 27-month delivery schedule, this averages about 0.73% of 2024 revenue per month. The company will produce components according to delivery progress and recognize sales revenue, which is expected to increase sales revenue and net profit from 2027 to 2029.

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