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Suzhou Hesheng Special Material Co Ltd

Suzhou Hesheng Special Material Co., Ltd. produces and sells composite materials for home appliances in China and internationally. It operates through three segments: Home Appliance Composite Materials; Investment and Commercial Factoring; and Artificial Intelligence and System Integration. The company offers PCM/VCM composite materials used in refrigerators, washing machines, and air conditioners. Founded in 2002, it is based in Suzhou, China.

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News & notes moving 002290.CS
002290.CS

Hesheng New Materials Semi-Annual Report: 31 Institutions Hold 30.28%, Top Ten Shareholding Ratio Rises 1.16 Percentage Points Quarter-on-Quarter

Hesheng New Materials released its 2026 semi-annual report. As of July 29, 2026, a total of 31 institutional investors disclosed holdings of the company's A-shares, with a combined shareholding of 75.1242 million shares, accounting for 30.28% of Hesheng New Materials' total share capital. The top ten institutional investors held a combined 28.36%, up 1.16 percentage points from the previous quarter. The top ten institutions include Shanghai Moore Intelligent Core Information Technology Partnership, Fullgoal Innovation Technology Hybrid Securities Investment Fund, New China Life Insurance Company's New Dividend Product, and others. In terms of public funds, Bosera Leading Home Appliances ETF increased its holdings, while four funds including Dongcai Leading Home Appliances Index A reduced their holdings. Additionally, 16 funds such as Caitong Asset Management Digital Economy Hybrid Initiated A were newly disclosed, and six funds including Invesco Great Wall Smart Living Hybrid A were no longer disclosed. Regarding insurance funds, New China Life Insurance Company's New Dividend Product and New China Life Insurance Company's Traditional Ordinary Insurance Product 018L-CT001 Shenzhen reduced their holdings. On the foreign investment side, one foreign institution was newly disclosed this period, namely CITIC Securities Asset Management Hong Kong Company's client funds.
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002290.CS

Power Diamond's first-half net profit surges 247.61%

Three companies released their 2026 first-half reports on July 29, with Power Diamond posting the largest net profit increase at 247.61%. Power Diamond achieved net profit of 90.08 million yuan and operating revenue of 437.71 million yuan, up 80.94% year-on-year. Hesheng New Materials reported net profit of 136.21 million yuan, up 40.42%, on operating revenue of 1.24 billion yuan, up 2.74%. Sifang Technology posted net profit of 86.29 million yuan, up 24.48%, with operating revenue of 965.23 million yuan, up 12.05%.
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002290.CS6

Hesheng New Materials first-half net profit reaches 136 million yuan, up 40.42% year-on-year

Hesheng New Materials has released its semi-annual report. In the first half of 2026, the company achieved operating revenue of 1.245 billion yuan, up 2.74% year-on-year. Net profit attributable to the parent company was 136 million yuan, up 40.42% year-on-year. Basic earnings per share stood at 0.55 yuan.