Mini Program: Quick News Brief on A-Share Market Before Trading
Important News
Insiders confirm that DeepSeek is preparing for an IPO on the STAR Market, with CITIC already conducting due diligence.
Market rumors suggest that DeepSeek has engaged CITIC Securities to prepare for an IPO on the STAR Market. According to sources familiar with the matter, the report is accurate. CITIC Securities has already engaged with DeepSeek and entered the due diligence phase, though no formal listing advisory agreement has been signed yet. (21st Century Business Herald)
2. At 15:00 today, the State Council Information Office held a press conference on the implementation of the "15th Five-Year Plan" in the financial sector and efforts to build a strong financial country.
The State Council Information Office will hold a press conference on the theme "Getting Started with the 15th Five-Year Plan" on Thursday, September 10, 2026, at 3:00 p.m. Deputy Governor of the People’s Bank of China Lu Lei, Deputy Director of the Financial Regulatory Administration Cong Lin, Vice Chairman of the China Securities Regulatory Commission Li Chao, and Spokesperson and Deputy Director of the State Administration of Foreign Exchange Li Bin will introduce the implementation of the 15th Five-Year Plan in the financial sector and efforts to build a strong financial system, and respond to questions from journalists. (SCIO)
3. Beijing: Accelerate the development of the commercial aerospace industry by achieving breakthroughs in reusable rocket and high-thrust engine technologies.
The Beijing Municipal Government has issued the "Beijing 15th Five-Year Plan for the Development of High-End and Innovative Industries." It states that, in support of building a strong aerospace nation, Beijing will comprehensively enhance its industrialization capabilities in aerospace technology. The plan calls for accelerating the development of the commercial aerospace industry by breaking through technologies for reusable rockets and high-thrust engines, strengthening mass production and supply chain capabilities for satellites and key components, participating in national large-scale satellite constellations, and developing differentiated commercial constellations. It also aims to improve aerospace application services, enhance the efficiency of satellite data utilization, foster an ecosystem for satellite-based IoT development, and promote integrated innovations of "Beidou+" and applications of "+Beidou" in time-space services. Additionally, the plan includes developing new-energy aircraft, advancing innovation in airspace equipment and aerospace vehicles, and strengthening the manufacturing of critical aviation components, aviation material support, and aircraft maintenance.
4. A spokesperson for the Ministry of Commerce responds to questions from reporters regarding the U.S. release of a cybersecurity notice concerning Chinese AI companies' distillation activities in the United States.
On September 8, Eastern Time, the U.S. National Security Agency, the Cybersecurity and Infrastructure Security Agency, and the Federal Bureau of Investigation jointly issued a statement accusing Chinese AI companies of conducting "industrial-scale" distillation to acquire capabilities of advanced U.S. models, and offering defensive recommendations to U.S. companies. What is China's comment on this? A spokesperson for the Ministry of Commerce stated that China is willing to engage in constructive and professional discussions with the United States based on the principles of equality, mutual benefit, and win-win cooperation. However, if the U.S. uses the pretext of combating distillation to suppress Chinese AI companies, China will resolutely take countermeasures. We hope the U.S. will work with China to manage risks through dialogue and communication, and promote the global benefits of the AI industry. (Ministry of Commerce)
Individual stock news
1.燧原科技: Shares will be listed on the STAR Market on September 11, 2026
Suiyuan Technology announces that the company's shares will be listed on the STAR Market of the Shanghai Stock Exchange on September 11, 2026; as of the date of this announcement, the company has not yet achieved profitability and will be included in the STAR Market Growth Layer upon listing. After this offering, the total share capital amounts to 430 million shares, with 17.9003 million unrestricted tradable shares initially available, representing 4.1595% of the total share capital after the offering.
2. Deep Tech: Subsidiary plans to invest RMB 1.85 billion to expand high-end memory chip packaging and testing capacity
Shenzhen DeepTech (000021.SZ) announced that its wholly-owned subsidiary, Paiton Technology, plans to further expand its high-end memory chip packaging and testing capacity. The project has a total planned investment of RMB 1.85 billion. First, RMB 1.22 billion will be invested to establish a new wholly-owned subsidiary to construct a new facility, which is expected to support a capacity of 90,000 wafers/month for traditional packaging and testing and 10,000 wafers/month for 2.5D advanced packaging. Second, RMB 630 million will be invested to build a 2.5D/3D advanced packaging R&D line, which is projected to add an additional capacity of 100 wafers/month each for 2.5D and 3D advanced packaging upon full operation. The project is scheduled for completion by December 2028. Upon implementation, the project will significantly enhance the company’s core competitiveness and market share in the high-end packaging and testing sector, driving sustainable development.
3. Hunan Gold: Major asset restructuring approved by the Hunan Provincial State-owned Assets Supervision and Administration Commission
Hunan Gold announced that on September 9, 2026, the company received the "Approval on Matters Concerning Hunan Gold Co., Ltd.'s Issuance of Shares to Acquire Assets and Raise Supporting Funds and Related Party Transactions" (Hunan SASAC Document No. [2026] 47), forwarded by its controlling shareholder, Hunan Provincial Mineral Resources Group Co., Ltd. The main contents are as follows: 1. In principle, approval is granted for the company to acquire 100% equity of Hunan Gold Tianyue Mining Co., Ltd. and 100% equity of Hunan Zhongnan Gold Smelting Co., Ltd. through the issuance of shares, with the purchase price not lower than the asset valuation registered with the Hunan Provincial SASAC. 2. In principle, approval is granted for the company to raise supporting funds through a private placement of shares not exceeding RMB 1.05 billion.
4. Zhongwei Company: Xunxin Investment has cumulatively reduced its stake in the company by 17.622 million shares.
Zhongwei Company announced that it recently received a notice from its shareholder, Xunxin Investment, stating that Xunxin Investment has cumulatively reduced its holdings in the company by 17.622 million shares through centralized bidding and block trading. The planned reduction has been completed ahead of schedule. The sale price ranged from RMB 313.5 to RMB 429.31 per share, with a total proceeds of RMB 6.228 billion. After the reduction, Xunxin Investment holds 6.99% of the company’s shares.
5. Correction of textual errors in Star宇 Co., Ltd.'s 2025 annual report: Incorrect age information for Deputy Chairman Zhou Yuheng
Star宇 Co., Ltd. (601799.SH) announced that, on March 20, 2026, it disclosed its "2025 Annual Report." Upon review, it was found that the age information for Deputy Chairman and Vice President Zhou Yuheng, listed as 58, was incorrect—he was born in December 1985. This error does not involve financial data, accounting items, or operational metrics, and will not materially affect the truthfulness, accuracy, or completeness of the periodic report.
6. Chongda Technology: The company has no business relationship with the Huawei Mate XT2 or the Kirin 9050 Pro chip.
Chongda Technology (002815.SZ) has issued a notice regarding unusual market activity. Upon verification, revenue from AI server-related PCB products for 2025 and the first half of 2026 is expected to account for no more than 10% of the company’s total business, with limited impact on current performance. The company’s PTFE-based PCBs are primarily used in the communications sector and do not involve the high-speed server market. The company has no business relationship with Huawei’s Mate XT2 or the Kirin 9050 Pro chip. The subsidiary Pnuo Wei’s current SiP/mSAP packaging substrates do not involve hybrid bonding, TSV, or 2.5D/3D packaging technologies. Investors are advised to view market hot topics rationally and be aware of investment risks.
7. Qiaoyin Shares: Plans to purchase computing power servers and supporting equipment in batches and sign computing power service agreements
Qiaoyin Co., Ltd. (002973.SZ) announced that, to expand into new business areas, the company plans to procure computing power servers and accompanying equipment in batches from a supplier (referred to as "Company A"), with a total amount of approximately RMB 265 million. As of the announcement date, the company has signed three asset procurement contracts with Company A, each with a contract value of RMB 66.0715 million, totaling RMB 198 million. Of this, RMB 49.2114 million has been prepaid for the first batch; RMB 13.2114 million has been prepaid for each of the second and third batches. The total amount paid for the first three batches amounts to RMB 75.6429 million. The company intends to enter into a "Computing Power Service Agreement" with Company B, with a term of five years, renewable annually, and a total contract value (including tax) of RMB 66.5603 million per year, accounting for 1.84% of the company’s audited revenue for 2025, constituting an ordinary operating contract. The company cautions that the counterparty has zero paid-in capital, resulting in significant uncertainty regarding performance assurance, and that this business represents a cross-industry expansion unlikely to substantially improve the core business in the short term.
8. Two consecutive daily limit-up stocks: Jingyi Co., Ltd.—Rising copper prices do not benefit the company’s operations
Jingyi Co., Ltd. (002295.SZ) announced that the company's stock experienced an accumulated price increase of 21.17% over two consecutive trading days on September 8 and September 9, 2026, constituting abnormal price fluctuation. After verification, the company confirms that previously disclosed information requires no correction or supplementation, no significant undisclosed information has been identified, and business operations remain normal. The controlling shareholder has no undisclosed matters requiring disclosure and has not engaged in any trading of the company’s shares. The company’s core business is copper processing, primarily earning processing fees; rising copper prices do not benefit the company’s operations.
9. Hongmian Shares, with two consecutive daily limits up: Sugar production revenue accounts for 68.07%; the impact of rising raw sugar prices on the company’s short-term performance is uncertain.
Hongmian Co., Ltd. (000523.SZ) has issued an announcement regarding abnormal fluctuations in its stock trading. The company has noted that recent media reports have highlighted rising international raw sugar prices and the potential for reduced sugar production in major producing countries due to El Niño weather patterns, leading to increased trading activity in stocks of companies related to the sugar industry, which has consequently drawn significant market attention to the company’s stock. After self-examination, the company provides the following clarification: The company’s sugar production operations are conducted through its subsidiary, Guangzhou Huatang Food Co., Ltd., which procures raw sugar and standard-grade white granulated sugar as raw materials, refines them, and sells the finished products. Its primary offerings include “Hongmian” brand refined white granulated sugar, primarily used in food processing, catering, and household consumption. In the first half of 2026, the company’s sugar business generated revenue of approximately RMB 725 million, accounting for 68.07% of the company’s total revenue. To date, the company’s sugar-related business operations remain normal. The impact of rising international raw sugar prices and potential production declines in major sugar-producing countries due to El Niño on the company’s short-term operating performance remains uncertain.
10. Huamai Technology with three consecutive daily limits: Although the prices of optical cable products have recently risen, the price increase is not sustainable due to multiple factors.
Huapu Technology (603042.SH) announced that its stock closed at the daily price limit of RMB 18.67 per share on September 9, 2026, representing a 42.52% increase from the closing price on August 7. This significant rise may indicate excessive market sentiment, irrational speculation, and potential downward risk. Upon self-examination, the company noted that market attention toward the fiber optics sector has been high since 2026; recently, the "15th Five-Year Plan for the Development of the Information and Communications Industry" has been implemented, further increasing focus on the telecommunications sector. The company’s core business involves wireless communication networks and traditional optical communication products, with primary emphasis on operator networks and communication infrastructure construction. Revenue from data center and computing power-related areas remains minimal. Meanwhile, although the prices of optical cables have recently risen, this price increase is influenced by multiple factors—including industry supply and demand, raw material costs, and market competition—and is not sustainable, posing a risk of subsequent price declines. The impact on the company’s future performance remains uncertain.