Key News
1. Xi Jinping proposed four points for promoting China-Africa mining cooperation.
2. South Korean capital bucked the trend by increasing its holdings in Chinese hard technology stocks; ChiNext ETFs and Zhongji Xuchuang saw net inflows.
3. The continued correction in A-share technology stocks sparked heated discussions in the market; insurance funds interviewed reiterated their "long-term investment" strategy and did not comment on short-term market fluctuations.
Individual Stock News
1. Inspur Information: Net profit for the first three quarters is expected to increase by 156%-177% year-on-year, driven by strong demand in the server market.
2. Xingsen Technology: Net profit for the first three quarters is expected to increase by 204%-227% year-on-year, with a full order backlog for its optical module mSAP substrate business.
3. China Tungsten High-Tech: Net profit for the first three quarters is expected to increase by 219%-241% year-on-year, with its PCB micro-drilling business achieving both volume and price increases.
4. Enjie Shares: Net profit for the first three quarters is expected to be between RMB 1.54 billion and RMB 2.05 billion, turning a loss into a profit year-on-year.
5. Fuchun Dyeing & Weaving: Net profit for the first three quarters is expected to increase by 1347.69%-1519.01% year-on-year.
6. Baoding Technology: Net profit for the first three quarters is expected to be 330 million-370 million yuan, representing a year-on-year increase of 536.88%-614.07%.
7. Xingchen Technology: Net profit for the first three quarters is expected to be 1.543 billion-1.613 billion yuan, representing a year-on-year increase of 663.13%-697.75%.
8. Salt Lake Resources: Net profit for the first three quarters is expected to increase by 88%-92% year-on-year, with a significant increase in lithium carbonate production capacity.
9. Xiechuang Data: There is no situation of "channel-based self-procurement and self-sales" or anything that harms the interests of the company and its shareholders.
10. Luchang Technology: The controlling shareholder is planned to change to Yuanzhuo Angel; trading of the stock will resume on the 14th.
11. Xing Shuai'er: Plans to acquire 100% equity of Fanyu Technology. The stock will resume trading on the 14th. The target company is deeply involved in the field of precision tool manufacturing equipment and drill bit semi-finished products.
