Is spin-off listing becoming less popular? Four A-share companies terminated their spin-off plans in one night.

Four companies, including Zhejiang Jingsheng Mechanical & Electrical and Baoshan Iron & Steel, terminated the listing of their spun-off subsidiaries tonight. The reasons for termination include market environment, self-development, and capital market operation planning. The performance of the subsidiaries planned for spin-off and listing in the past three years has been mixed.

cls.cnJun 14 22:03

STAR Evening News | Zongheng Holdings' wholly-owned subsidiary is prohibited from participating in the military material engineering service procurement activities. Conglin Technology plans to repurchase shares worth 20-40 million yuan.

① The State Council's State-owned Assets Administration Commission initiated the construction of the third batch of central enterprise innovation consortia; ② Wuhan's “Vehicle Road Cloud” integrated demonstration project was approved with an investment of 17 billion yuan; ③ Zhongguancun Science City Company invested hundreds of millions of yuan in Series C financing for Qingzhou Intelligent Aviation.

cls.cnJun 14 20:44

AI demand drives the overlapping of insufficient capital expenditures. The storage industry chain is expected to usher in a "super cycle".

Morgan Stanley points out that due to limited new DRAM capacity in recent years and a large amount of capacity consumption by HBM, DRAM is experiencing an unprecedented supply-demand imbalance "super cycle". Galaxy Securities research reports point out that under the background of AI, domestication, demand recovery, and the continuous rise of digital economy's demand for storage, there is a bullish investment opportunity in the storage industry chain.

cls.cnJun 13 07:43

Can MENGNIU's cheese be revitalized as the 'top market leader' with its delayed integration after being renamed 'Miaoke'? | Quick Announcement Reading

1. Shanghai Milkground Food Tech plans to acquire 100% equity of Mengniu Cheese held by the controlling shareholder for CNY 448 million. 2. This acquisition is to fulfill the commitment to avoid competition in the same industry, which was previously postponed for one year. 3. The cheese revenue of Shanghai Milkground Food Tech will decline in 2023, and Mengniu Cheese is in deficit.

cls.cnJun 12 21:42

Omdia: In the first half of the year, OLED smart watch shipments manufactured in China accounted for over 60%.

In the first half of 2024, LG Display, EDO and Tianma are expected to account for 53% of the shipment volume, with Chinese oled manufacturers expected to account for 64%.

Zhitong FinanceJun 12 13:38

China's first civil satellite internet terminal equipment launched, bringing development opportunities to the satellite industry chain.

OneLinQ satellite internet device, China's first civilian satellite internet terminal equipment, with a starting price of 29,800 yuan, has been launched by Wangling, a manufacturer and service provider of civilian satellite internet terminal equipment. According to the development sequence of the satellite internet industry, the upstream space segment of satellite manufacturing and satellite launch is the first to benefit, followed by the ground segment network construction equipment and application terminals, focusing on the core suppliers of each link in the industry chain.

cls.cnJun 12 07:47