Announcement on the evening of August 8th | Guolian Securities plans to acquire Minsheng Securities for 29.5 billion; SMIC's net profit in the second quarter exceeds expectations

I. Mergers, Acquisitions, and Restructuring

1. Guolian Securities: Plans to issue A-shares to purchase 99.26% of Minsheng Securities' shares and raise supporting funds, with a transaction price of approximately 29.5 billion yuan.

2. Yuanlin Co., Ltd.: A wholly-owned subsidiary signed an agreement to acquire 15% equity of Yunzhen Technology.

II. Shareholding Increase, Repurchase, and Dividends

1. Linglong Tyre: Controlling shareholder plans to increase the company's shares by 500 million to 2 billion yuan.

2. Shaanxi Heimao: Controlling shareholder Li Baoping plans to increase the company's stock by 1 billion yuan.

3. Kweichow Moutai: For the years 2024-2026, the total cash dividend distributed by the company each year shall not be less than 75% of the net profit for that year.

4. Yanjin Puzi: Plans to distribute a cash dividend of 6 yuan (tax included) for every 10 shares.

5. Action Education: The company plans to distribute a cash dividend of 10.00 yuan (tax included) for every 10 shares to all shareholders.

6. Xinjiang Construction & Investment: To increase capital in Xinbai Railway Company by 102 million yuan, holding 51% of the shares.

7. Hualing Precision Engineering: Controlling shareholder Huang Yehua plans to increase holdings by 20-40 million yuan within 3 months.

8. Yanggu Huatai: Plans to repurchase shares for 50-100 million yuan, with a repurchase price not exceeding 11.50 yuan per share. The repurchased shares will be used for cancellation and reduction of registered capital.

III. Investment Cooperation and Business Operations

1. Jianyan Design: The company signed a "Construction Project Engineering General Contract for YUQIAO Ecological Science and Technology Industrial Park, YUQIAO Lake, and CHU River Ecological Comprehensive Governance Project" with consortium members, with a contract price of 5.28 billion yuan. The company's design fee in the consortium is approximately 74 million yuan.

2. Anhui Construction Engineering Group: The company and its subsidiary Anhui Water Conservancy Development, along with Anhui Provincial Transportation Holdings, won the bid for the S40 Ningguo to Zongyang Expressway Chizhou section project franchise operator tender (second round) with a bid price of 3 billion yuan.

3. Haimu Star: The company received a bid notification from a leading overseas automotive customer, with a bid amount equivalent to approximately 1.25 billion yuan, for the bid project involving power battery laser and automation equipment.

4. Yongtai Energy: Progress has been made in the expansion of high-quality coking coal resources in its coal mines, with an expected increase in the company's net profit by approximately 3 billion yuan.

5. Northeast Pharmaceutical: The product pipeline of Dingcheng Peptide Source is in the pre-clinical research and clinical application declaration stage, with no substantial income.

6. Yongtai Energy: Signed a 35 billion yuan bank-enterprise cooperation agreement.

IV. Performance Changes

1. Semiconductor Manufacturing International Corporation (SMIC): Benefiting from capacity expansion, SMIC's Q2 revenue and net profit exceeded expectations. Q2 net profit was 164.6 million USD, a year-on-year decrease of 59%, market estimates were 76.3 million USD; revenue increased by 22% year-on-year to 1.9 billion USD, with a 50% increase in wafer monthly capacity year-on-year.

2. Kweichow Moutai: Net profit for the first half of the year was 41.696 billion yuan, a year-on-year increase of 15.88%, due to increased product sales volume and adjustments in the sales prices of main products

3. China Mobile: Net profit in the first half of the year was 80.201 billion yuan, a year-on-year increase of 5.3%.

4. Pactera Data: Net profit in the first half of the year was 358 million yuan, a year-on-year increase of 216.58%; due to the continuous launch of high-end cloud service products such as cloud computing, cloud video, and cloud storage by the company.

5. Gaozheng Mining Explosives: Net profit in the first half of the year was 55.0514 million yuan, a year-on-year increase of 66.88%; benefiting from the gradual start of infrastructure and mining projects in Tibet.

6. Nanshan Technology: Net profit in the first half of the year increased by 103.86% year-on-year, planning to distribute 1 yuan for every 10 shares; due to the recovery of the semiconductor industry, coupled with rapid development in the full-chain business of intelligent smartphone power management chips.

7. Cambridge Technology: Net profit in the first half of the year decreased by 48.69% year-on-year; due to the reduction of turnover inventory by major customers, delayed delivery, and slowing down of order pace.

8. Auto Electronics: Net profit in the first half of the year plummeted by 87.08%, with a slight increase in revenue. The intelligent landscape lighting engineering business saw a significant decline, with revenue of only 1.7413 million yuan, a year-on-year decrease of 92.08%.

9. Nanshan Technology: Revenue in the first half of the year was 1.25 billion yuan, an increase of 89.28% year-on-year, with net profit doubling