SUZHOU CENTEC COMMUNICATIONS LTD A

Centec Communications recently signed a product sales contract with related party Shenzhen CECport Technologies, with an amount exceeding 50% of the previous fiscal year's audited revenue and surpassing 100 million yuan. The subject is Ethernet switching chips. The contract falls within the expected scope of routine related-party transactions and does not require board or shareholder approval. It is a long-term contract, and revenue will be recognized in stages, with limited impact on 2026 results. If performed smoothly, it will have a positive impact on results in the relevant years. Financial data shows that in fiscal 2025, related-party transactions between Centec Communications and CECport amounted to 370 million yuan, making it one of the company's most important sales channels. In addition, on July 15 the company announced that it had raised the amount of goods to be sold to China Electronics Corporation in 2026 from 600 million yuan to 2.2 billion yuan, an increase of 267%. Centec Communications is a leading domestic Ethernet switching chip design company, with products covering switching capacities from 100 gigabits per second to 25.6 terabits per second. In the first quarter of 2026, revenue was 248 million yuan, up 11.40% year on year, while net profit attributable to the parent company was negative 17 million yuan, a year-on-year loss increase of 12.05%. On August 14, the company's stock closed at 398.60 yuan, with a total market value of 163.4 billion yuan, and has risen more than 181% so far this year.

Pinzhun Laser announced it will list on the Shanghai Stock Exchange STAR Market on August 18, 2026, at an issue price of 186.88 yuan per share, making it the highest-priced new stock in China's A-share market this year. The company is publicly offering 10 million shares, with total share capital of 40 million shares after the offering. Revenue in 2025 was 418 million yuan and net profit was 151 million yuan. At the initial listing, unrestricted tradable shares total 7.6178 million shares, accounting for 19.04 percent of total share capital. Shengke Communications signed a sales contract for Ethernet switch chip products with its related party Shenzhen CECport Technologies, with an amount exceeding 50 percent of the company's audited revenue for the most recent fiscal year and exceeding 100 million yuan. It is a long-term contract with a performance period of more than one year, and revenue will be recognized in stages. China Micro Semicon released its 2026 semi-annual report, achieving operating revenue of 726 million yuan, up 44.01 percent year on year, and net profit attributable to shareholders of the listed company of 172 million yuan, up 98.48 percent year on year. China Union Holdings received a notice from FIRES, Canada's foreign investment review and economic security authority, stating that the company's investment in the Arizaro lithium salt lake project in Argentina may affect Canada's national security and may trigger further review. The company acquired 100 percent of Argentum Lithium S.A. for about 175 million US dollars and obtained an 80 percent interest in the project. There is uncertainty over whether the transaction will ultimately pass review.