Mini Program: Daily Recap of A-Share Market News
Important News
1. National Energy Administration: During the 15th Five-Year Plan period, efforts will be further expanded to grow the "circle of friends" for oil and gas cooperation.
Ge Ju, Deputy Director of the Planning Division at the National Energy Administration, stated that the National Energy Administration will further coordinate domestic supply with diversified imports to strengthen oil and gas security. On one hand, it will enhance domestic supply capabilities by thoroughly implementing the Ten-Year Plan for oil and gas exploration and development, increasing investment and operational efforts to solidify resource foundations. On the other hand, it will ensure diversified import security: China has already established oil and gas trade cooperation with nearly 50 countries worldwide, with import sources covering major global oil and gas exporting nations, ensuring stable and reliable international cooperation. During the 15th Five-Year Plan period, China will further expand its network of oil and gas partnerships, strengthen cooperation with key overseas production regions, and enhance the diversification of sources and transportation routes. Meanwhile, it will consolidate and expand land-based strategic import corridors, safeguard maritime transport routes, and ensure that oil and gas can be reliably purchased and safely transported back.
2. Six ministries: Accelerate the application of cutting-edge technologies such as embodied intelligence, large language models, brain-computer interfaces, and exoskeletons in the field of elderly care.
The Ministry of Civil Affairs and five other departments jointly issued "Several Measures to Foster Diverse Scenarios and Promote Consumption of Elderly-Friendly Products." The document mentions promoting the application of smart elderly-friendly products. Leveraging major national science and technology projects as a catalyst, accelerate the adoption of cutting-edge technologies such as embodied intelligence, large language models, brain-computer interfaces, and exoskeletons in elderly care, and develop and upgrade intelligent devices for dementia care, rehabilitation nursing, and emotional companionship. Encourage the rapid deployment and application of smart health management products—including intelligent health assessment and rehabilitation therapy—and intelligent service robots for elderly care, covering functions such as toileting assistance, rehabilitation support, and daily living care, to provide seniors with intelligent care solutions for life assistance, safety protection, health monitoring, and emergency response.
Individual stock news
1. According to major capital flow data, China Yangtze Power leads with a net inflow of RMB 619 million in major capital, followed by Longjiang Transportation, Sunlight Power, SMIC, and中科飞测 (Sino-Fly Testing); Dongshan Precision records the largest net outflow of RMB 1.531 billion in major capital, followed by GigaDevice, InnoLight Technology, Foxconn Industrial Internet, and ChangXin Memory.
2. Zhongji Xuchuang: Industry demand remains strong, and the company is actively preparing materials and production capacity.
Zhongji旭创's midday announcement: Looking ahead, industry demand remains strong, with major customers' orders already covering nearly the entire 2027 fiscal year. Several key customers have provided clear demand guidance for 2028. The company expects continued rapid growth in orders for 800G and 1.6T products. Demand for next-generation optical interconnect products such as NPO and XPO is expected to gradually ramp up starting in the second half of next year, applicable to scale-out and scale-up scenarios. The company is actively preparing materials and production capacity to better meet increased demand in 2027. The company will fully leverage policy tools, including share repurchases, in consideration of repurchase and relending policies, its financial position, and market conditions, to safeguard corporate value and the interests of its broad investor base. Specific details will be subject to subsequent official announcements by the company.
3. XinYisheng: The company currently has sufficient outstanding orders, and order fulfillment and capacity expansion are progressing according to business needs.
New Light announced at noon that, as of November 5, the company had repurchased approximately RMB 800 million through centralized bidding transactions via its dedicated securities account for share repurchases. Currently, the company’s production and operations are proceeding normally and orderly, with sufficient outstanding orders. Order fulfillment and capacity expansion are advancing in line with business demands, and the core business continues to maintain a positive growth trajectory. Moving forward, the company will fully leverage policy tools, taking into account share repurchase and refinancing policies, its financial position, and market conditions, to continuously safeguard corporate value and the interests of its broad investor base through repurchases and other means.
4. Tianfu Communications: The company will timely study and fully utilize policy tools in accordance with applicable laws and regulations to safeguard corporate value and the interests of all shareholders.
Tianfu Communications issued a midday announcement stating that the company will hold a shareholders' meeting on November 9, 2026, to review the share repurchase plan. The company notes that the People's Bank of China released a policy on November 4, 2026, to further implement relending for share repurchases and增持, lowering the interest rate for such relending. The company will, in light of the relending policy, its own operational conditions, and market trends, appropriately study and legally and compliantly utilize these policy tools to safeguard the company’s value and the interests of all shareholders.
5. Shenghong Technology: The company’s production and operations are proceeding normally, the supply chain is stable, and capacity utilization is at a healthy level.
Shenghong Technology announced that its production and operations are currently proceeding normally, with a stable supply chain and healthy capacity utilization rates, as well as strong customer order demand. On October 16, 2026, the company received a proposal to repurchase shares with a proposed amount of RMB 150 million to RMB 300 million, and will proceed with the share repurchase in accordance with regulations following board approval of the plan.
6. Lianxun Instruments: The controlling shareholder proposes to repurchase company shares, with total repurchase funds of no less than RMB 100 million and no more than RMB 150 million.
Unic Instruments announces that on November 5, 2026, the company received a letter from Mr. Hu Haiyang, the controlling shareholder, actual controller, and chairman, proposing that Unic Instruments repurchase a portion of its issued RMB ordinary shares (A-shares) through the Shanghai Stock Exchange trading system using its own funds or raised funds. The total repurchase amount shall be no less than RMB 100 million (inclusive) and no more than RMB 150 million (inclusive). The repurchased shares will be used for an employee stock ownership plan or equity incentive program. To alleviate the financial pressure of this repurchase, the company plans to apply for a dedicated loan from relevant financial institutions to support the share repurchase; the actual loan amount combined with the company’s own funds used for repurchase shall not exceed the upper limit of the repurchase amount. The specific repurchase plan shall be subject to the final approval of the company’s board of directors.
7. Sanhua Intelligent Control: Cumulatively repurchased RMB 223 million; will continue implementing the A-share repurchase plan based on market conditions and fund allocation.
Sanhua Intelligent Control announces that, as of November 5, 2026, the company repurchased 6,257,422 A-shares through its dedicated securities account for stock repurchases via centralized bidding transactions, representing 0.1487% of the company’s total share capital. The highest transaction price was RMB 37.00 per share, the lowest was RMB 31.98 per share, and the total transaction amount was RMB 222,959,089.84 (excluding transaction fees). The company will fully utilize policy tools, including repurchases, to safeguard its value and protect the interests of investors, taking into account policies on relending for stock repurchases and增持, its financial position, and market conditions. The company will continue implementing its A-share repurchase program based on market developments and capital allocation plans. During the repurchase period, the company will promptly fulfill its information disclosure obligations in accordance with relevant laws, regulations, and normative documents. Investors are advised to be aware of investment risks.
8. Hengtong Optical Fiber: Major Shareholder Receives Commitment Letter for Additional Funding Loan
Hengtong Optoelectronics announced that its controlling shareholder, Hengtong Group, received a Loan Commitment Letter from the China Construction Bank's Suzhou Yangtze River Delta Integration Demonstration Zone Branch, committing to provide Hengtong Group with an additional share purchase loan of up to RMB 540 million, with a term not exceeding three years.
9. Dapuwei: Actively evaluating various methods, including share repurchases, to safeguard the company’s value and the interests of a broad range of investors.
DapuMicro announces that, as AI data center application scenarios and system architectures continue to evolve, enterprise SSD design is expanding from single metrics of performance or capacity to multiple dimensions including storage density, deployment flexibility, and system-level collaboration. To address diverse scenarios such as AI training, inference, and large-scale data storage, the company is continuously refining its product portfolio through various combinations and technological pathways—including high-capacity QLC, high-performance TLC, liquid cooling, and dual-mode solutions—to meet differentiated requirements across use cases. In market expansion, the company will further strengthen its overseas team and enhance its global market presence to achieve breakthroughs in both global markets and technological domains. Additionally, the company has recently noted the introduction of policies such as share repurchase and relending. In line with its operational needs and financial situation, DapuMicro will appropriately leverage these policy tools and actively evaluate methods such as share repurchases to safeguard corporate value and the interests of its broad investor base.
10. Robotic: Will continue to maintain the company’s value and the interests of a broad range of investors through methods such as share repurchases.
RoboTech announces that the company has noted the People's Bank of China's issuance on November 4, 2026, of the "People's Bank of China Strengthening Implementation of Relending Policy for Stock Repurchases and Share Enhancements," which clearly states that, effective November 4, 2026, the interest rate for relending supporting stock repurchases and share enhancements will be reduced by 0.25 percentage points to 1%, providing strong support for listed companies to maintain corporate value through repurchases and other means. The company will, in the future, fully leverage this policy tool, taking into account the relending policy, its financial position, and market conditions, to continue maintaining corporate value and the interests of a broad range of investors through repurchases and other measures.
11. Dongshan Precision: Plans to cancel 1,588,800 A-shares repurchased
Dongshan Precision announced that on November 6, 2026, the company held its seventh board meeting, seventh session, during which it approved the proposal on "Cancellation of Certain A-Shares Repurchased and Reduction of Registered Capital." The company intends to cancel all 1,588,800 A-shares repurchased under the previous repurchase program and correspondingly reduce its registered capital.
China Mobile is fully committed to building a new-generation communication network and establishing a "digital and intelligent foundation."
On November 6, at the 2026 Mobile Network Conference, Chen Zhongyue, Chairman of China Mobile, stated that communication networks are evolving from person-to-person communication to human-machine interaction, from terrestrial coverage to seamless integration across land, air, space, and sea, and from best-effort service to guaranteed performance. Communication networks are no longer merely “traffic pipelines,” but should become a “digital and intelligent foundation.” China Mobile will comprehensively build a new-generation communication network. This includes upgrading the basic network, enhancing deep coverage in high-traffic areas, optimizing railway 5G private networks, and accelerating innovation, industry collaboration, and on-site deployment of Super Up-link technology. It also involves deepening satellite-terrestrial integration, strengthening the Tianqi satellite constellation, enhancing network capabilities over near-sea areas, islands, and border regions to achieve seamless coverage and always-on connectivity. The company will improve the layout of international network infrastructure, facilitate digital corridors along key initiatives such as the Belt and Road Initiative, and strengthen connectivity and network resilience. It will promote shared construction and utilization, enable efficient collaboration across all frequency bands, enhance the quality of the entire spectrum network, explore cross-industry infrastructure collaboration, and expand application scenarios for network services. China Mobile will consolidate its 5G advantages, advance 6G development, and extend the boundaries of networks integrating space-air-ground systems, communication and intelligence fusion, and communication and sensing integration.
13. Guorui Technology: Its subsidiary Guorui Zhaofu FRC has begun mass production and delivery of all-solid-state pulsed power supply products.
According to Guonui Technology, recently, Guonui Zhaofu FRC has begun mass production and delivery of all-solid-state pulsed power supplies, which will be gradually deployed in FRC experimental facilities to provide critical power support for domestic nuclear fusion research institutions and commercial fusion companies.