Summary of positive news from listed companies on the evening of March 11(List attached)

Several listed companies in the Shanghai and Shenzhen markets released important announcements on the evening of March 11. Here is a summary of the positive news:

New Guodu: Plans to Establish a Controlling Subsidiary, Jisuan Company, to Focus on Next-Generation Smart Hardware

On March 11, New Guodu (300130) announced that to fully seize the global market opportunities arising from the integration of artificial intelligence and consumer electronics, the company plans to develop a new generation of smart hardware around global user scenarios and launch a new brand, Xalgo. Based on this, the company will explore cutting-edge AI applications in consumer markets. The business will be led by senior management as project leaders, and the company intends to jointly invest in establishing a subsidiary for incubation. The company plans to invest 16.2 million yuan along with Director and Deputy General Manager Shi Xiaodong and Shenzhen W537 Forward Investment Partnership (Limited Partnership) to establish Shenzhen New Guodu Jisuan Technology Co., Ltd. (English name: Xalgo Inc.) (referred to as “Jisuan Company”). After the transaction is completed, the company will hold 54% of Jisuan Company, which will be consolidated into the company’s financial statements.

Putailai: Plans to Invest $297 Million to Build a Malaysian Anode Material Production Base

On March 11, Putailai (603659) announced that through its wholly owned overseas subsidiary, Zichen Malaysia Limited, it plans to invest in a project to produce 50,000 tons of lithium-ion battery anode materials annually in Malaysia, with a total planned investment of $297 million (or equivalent in other currencies, approximately 2.051 billion RMB). The final investment amount will be based on actual costs and will not exceed $297 million.

Donghua Software: Exploring Collaborative Applications of Autonomous Driving, Low-Altitude Logistics, and Mobility

On March 11, Donghua Software stated on its interactive platform that it has formed a professional team to implement autonomous driving and vehicle-road collaboration projects in Xiqing, Tianjin, and Liuzhou, Guangxi, to commercialize specific scenarios. The company has established a “V2X Innovation Center Laboratory” and is exploring synergistic applications of autonomous driving with low-altitude logistics and mobility.

ThunderSoft: Launches New TurboX EB8 Smart Storage and Computing All-in-One Machine

According to ThunderSoft, its subsidiary Chuangtong LianDa has officially launched the new TurboX EB8 smart storage and computing all-in-one device. This product is built on Qualcomm’s Snapdragon IQ9 Series, offering 100 TOPS dense computing power and high-performance video encoding/decoding capabilities. It also integrates high-speed cache and array storage, achieving an efficient fusion of AI computing power and storage. Designed specifically for scenarios like NVR and NAS, it effectively addresses industry pain points related to the separation of computing and storage in edge scenarios, helping accelerate the large-scale deployment of edge AI applications.

XW Communication: Currently, XW Electronics Technology (Yiyang) Co., Ltd. Is Showing Good Growth and Has Achieved Breakthroughs in Some Key Components

On March 11, XW Communication stated on its interactive platform that XW Electronics Technology (Yiyang) Co., Ltd. is experiencing good growth, with breakthroughs in some key component products and successful domestic substitution. The product quality and performance match those of leading international companies, and the products are competitively priced. Some products are already undergoing validation with major North American clients, and the company is accelerating product integration with large domestic and international customers.

Fangbang Co., Ltd.: Subsidiary to Acquire 1.07% Stake in Zhongke Siheshe for 20 Million Yuan

On March 11, Fangbang Co., Ltd. (688020) announced that its wholly owned subsidiary, Suibang Electronics, and Suzhou Qingshi Jingsheng Venture Capital Partnership (Limited Partnership) (“Qingshi Jingsheng”), along with Zhongke Siheshe, recently signed a transfer agreement. After friendly negotiations, Suibang Electronics plans to acquire a 1.07% stake in Zhongke Siheshe for 20 million yuan. Zhongke Siheshe is a leading enterprise in domestic advanced packaging (PLP), a next-generation packaging technology capable of accommodating large chips and multi-chip modules, supporting logic chips, memory, sensors, and power devices with high-density integration. Compared to current mainstream WLP technology, it significantly improves panel utilization, reduces manufacturing costs, enables thinner packages, shortens interconnect paths, lowers signal loss and parasitic parameters, enhances signal integrity and high-frequency performance, reduces device power consumption, and meets the heterogeneous integration needs of high-performance AI chips. The company’s business aligns well with that of Zhongke Siheshe.

Huicheng Environmental Protection: 200,000 Tons/Year Mixed Waste Plastic Chemical Recycling Pilot Plant Resumed Production on March 9

On March 11, Huicheng Environmental Protection stated on its interactive platform that its 200,000-ton/year mixed waste plastic chemical recycling pilot plant, which began full-load testing on February 7, 2026, achieved stable operation at 100% load after 80 hours of continuous testing. The process feasibility has been further validated, and the plant resumed production on March 9. The company will pursue the best plan to achieve its goals.

Runjian Co., Ltd.: Wins Bidding for 840 Million Yuan Baoding Fuping Jinghui 500MW Photovoltaic Power Project

On March 11, Runjian Co., Ltd. (002929) announced that it has won the bid for the general contracting of the Baoding Fuping Jinghui 500MW photovoltaic power project (Phase 1, 200MW), with a bid amount of 840 million yuan (including tax).

Jinghe Integration: Some of the Company’s Product OEM Prices Have Increased

Recently, Jinghe Integration (688249) stated during a survey that some of its product OEM prices have increased. The company will actively respond to market changes by optimizing product structure, improving operational efficiency, and expanding application fields. It will also develop reasonable pricing strategies based on customer needs and market dynamics.