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North Huajin Chemical Industries Co Ltd

North Huajin Chemical Industries Co.,Ltd engages in the production and sales of petrochemicals and chemical fertilizers. It operates in two segments, Petrochemical Products and Fertilizer Products. The company offers polyolefins, including high impact resistance polypropylene resin, washing machine special polypropylene resin, polypropylene resin, homopolymer polypropylene with special applications, resin for extrusion applications, and bulk ABS resin; chemical fertilizer; and fine chemicals, such as butadiene, styrene, diethylene glycol, triethylene glycol, high-boiling-point aromatic solvents, industrial sulfur, ethylene oxide, ethylene glycol, toluene, xylene, crude aromatics, and trimethylbenzene. It also provides refined oil comprising aviation and diesel fuel; woven bags and plastic film; and rubber products which consist of thermoplastic elastomer SBS, solution-polymerized styrene-butadiene rubber, and low-cis polybutadiene rubber. The company was formerly known as Liaoning Huajin Tongda Chemical Co., Ltd., in February 2014. North Huajin Chemical Industries Co.,Ltd was founded in 1997 and is headquartered in Panjin, China.

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Huajin Co. swings to profit with net income of 365 million yuan in 2026 interim report

Huajin Co. released its 2026 interim report, with net profit attributable to the parent company of 365 million yuan, an increase of 1.354 billion yuan compared with the same period last year, turning losses into profits. The company's total operating revenue was 17.511 billion yuan, down 12.90 percent year on year. Net cash outflow from operating activities was 1.443 billion yuan, an increase of 1.601 billion yuan from the same period last year. The company's latest asset-liability ratio was 56.75 percent, down 3.95 percentage points from the previous quarter; gross margin was 19.33 percent, rising for four consecutive quarters.
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Huajin Co., Ltd. reports net profit of 365 million yuan in 2026 interim report, turning losses into gains year-on-year

Huajin Co., Ltd. released its 2026 interim report, with net profit attributable to the parent company of 365 million yuan, an increase of 1.354 billion yuan compared with the same period last year, achieving a turnaround from loss to profit. The company's total operating revenue was 17.511 billion yuan, and net cash outflow from operating activities was 1.443 billion yuan, an increase of 1.601 billion yuan in net inflow compared with the same period last year. The latest asset-liability ratio was 56.75 percent, a decrease of 3.95 percentage points from the previous quarter; the gross margin was 19.33 percent, rising for four consecutive quarters; diluted earnings per share was 0.23 yuan.
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Huajin Chemical Vice President Yan Zenghui Under Investigation and Detention

Huajin Chemical announced that its Vice President Yan Zenghui has recently been placed under investigation and subjected to detention measures by supervisory authorities. The company stated that it has made proper arrangements for the work previously handled by Yan Zenghui, and that other directors and senior executives are performing their duties as normal, with production and operations unaffected. It is not yet aware of the progress or conclusions of the investigation. According to the website of the Central Commission for Discipline Inspection and the National Supervisory Commission, Yan Zenghui is suspected of serious disciplinary and legal violations and is undergoing disciplinary review and supervisory investigation by the disciplinary inspection and supervision team of the Central Commission for Discipline Inspection and the National Supervisory Commission stationed at China North Industries Group Corporation. Yan Zenghui was appointed Vice President in September 2025 and directly holds 39,400 shares of the company. Huajin Chemical is mainly engaged in the production and sale of petrochemicals and chemical fertilizers, and expects to achieve a net profit attributable to the parent company of 350 million to 400 million yuan in the first half of 2026, turning from a loss to a profit year-on-year.
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Tinavi Medical Plans to Acquire 62% Stake in Shanghai Orthopaedics, Constituting a Major Asset Restructuring; Trading to Resume Tomorrow

Tinavi Medical announced plans to acquire a 62% stake in Shanghai Orthopaedics, expected to constitute a major asset restructuring, with trading in its shares to resume tomorrow. Yongding Co.'s controlling subsidiary has received purchase orders for high-power laser chip products worth approximately 1.133 billion yuan over the past month. Xingyun Technology's wholly-owned subsidiary has signed a supplementary agreement for computing power services, increasing the contract value to 3.053 billion yuan, up 201.14% from the original agreement. Jiayun Technology shareholder Ruineng Co. plans to acquire an 18.31% stake through a negotiated transfer, and trading in the shares will resume. Lianchuang Electronics' controlling shareholder is set to change to Shouxian Xinqiao, and trading in the shares will resume. GigaDevice Chairman Zhu Yiming has proposed a buyback of A-shares worth between 1 billion and 2 billion yuan for cancellation, and plans to increase his holdings by no less than 1 billion yuan. Sinosun Technology is planning a change of control, and trading in its shares has been suspended. Zijin Mining's controlling subsidiary has terminated its acquisition of Union Gold and plans to subscribe for a 9.2% stake in the company. Huawen Media has had its delisting risk warning removed but will continue to be subject to other risk warnings, with its stock abbreviation changed to ST Huawen. Hailiang Co.'s controlling shareholder has received a commitment letter for an 860 million yuan shareholding increase loan. Huajin Co. Vice General Manager Yan Zenghui has been placed under investigation and subjected to detention measures. Hengrui Medicine's insulin degludec injection has been approved for marketing for the treatment of type 2 diabetes in adults, making it the first domestically developed long-acting insulin analogue in China.
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Huajin Co. expects first-half 2026 profit of 350 million to 400 million yuan, swinging from year-ago loss

Huajin Co. disclosed an earnings forecast, projecting a net profit attributable to the parent company of 350 million to 400 million yuan for the first half of 2026, compared with a loss of 989 million yuan in the same period last year, achieving a turnaround. Deducted non-recurring net profit is expected to be 325 million to 375 million yuan, versus a loss of 1.006 billion yuan a year earlier. Basic earnings per share are estimated between 0.2188 yuan and 0.2501 yuan. The company said that a phased adjustment in global crude oil supply and demand drove up chemical product prices, and the release of low-priced crude oil inventories supported improved profitability. At the same time, through measures such as strengthening production and operation controls and optimizing product mix adjustments, operating conditions improved compared with the same period last year.
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Huajin Shares expects first-half 2026 net profit of 350 million to 400 million yuan, swinging to profit year-on-year

Huajin Shares announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 350 million and 400 million yuan, swinging from a loss to a profit year-on-year. The change in performance is mainly due to adjustments in global crude oil supply and demand driving up chemical product prices, coupled with the release of the company's low-cost crude oil inventories, strengthened operational management and control, optimized product mix, and cost reduction and efficiency improvement measures, leading to an improvement in operating conditions compared to the same period last year. The company's first-quarter net profit was 44 million yuan, implying an estimated quarter-on-quarter increase of 589% to 701% in second-quarter net profit.
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