Titan Wind Energy Suzhou

A wholly owned subsidiary of Tianshun Wind Energy's offshore engineering division recently signed and made effective contracts for the construction of six 114,000 deadweight ton product and crude oil tankers. The contract value is approximately 420 to 480 million US dollars, equivalent to around 2.85 to 3.26 billion yuan. Each of these LR2 tankers has an overall length of about 248.80 meters, a beam of about 44.00 meters, and a depth of about 21.50 meters. They will be delivered in batches in 2028 and 2029. Due to commercial confidentiality, the company has waived disclosure of specific customer information. The company stated that this contract signing validates its high-quality delivery capability in the oil and gas offshore engineering sector and consolidates its position in the oil and gas vessel field. However, the contract performance period is long and will not have a significant impact on current profits. If implemented smoothly, it will have a positive impact on future revenue and profits.

Titan Wind Energy announced that its wholly-owned subsidiary in the offshore engineering segment has signed a contract with a subsidiary of an internationally renowned shipowner for the construction of six 114,000 DWT product and crude oil tankers. The contract value is approximately 420 to 480 million US dollars, equivalent to about 2.85 to 3.26 billion yuan. The contract has a long performance period and will not have a significant impact on current profits, but it will help enhance the company's medium- to long-term market competitiveness and profitability.

On the evening of July 31, multiple listed companies on the Shanghai and Shenzhen stock exchanges released key announcements. Mentech Optical & Magnetic plans to raise no more than 1.283 billion yuan through a private placement for projects including high-speed optical module smart manufacturing. Elegant Home-Tech will suspend trading from August 3 for verification due to severely abnormal stock price fluctuations. Hongqiao Holdings plans to raise no more than 12 billion yuan through a private placement for wind power, photovoltaic, and aluminum deep processing projects. China Southern Power Grid Technology intends to acquire a 100% stake in Yuoneng Power for 445 million yuan to resolve horizontal competition. Jinhui Liquor needs to pay back taxes and late fees totaling 83.8181 million yuan. Tianli Lithium Energy and its actual controller have been placed on file by the China Securities Regulatory Commission for suspected information disclosure violations. In terms of performance, Aofei Data's net profit in the first half of the year increased by 123.64% year-on-year. Fullhan Microelectronics expects its first-half net profit to grow by 1,072.72% to 1,420.19% year-on-year. Shengda Resources' first-half net profit rose by 456.46% year-on-year. Several companies disclosed buyback or share increase plans, among which GigaDevice plans to repurchase shares worth 1 billion to 2 billion yuan for cancellation, and Zhongchuang Zhiling plans to repurchase shares worth 300 million to 400 million yuan. In addition, China National Nuclear Power's Liaoning Zhuanghe nuclear power project and Zhejiang Jinqimen nuclear power project have been approved by the State Council. Titan Wind Energy has signed a shipbuilding contract worth approximately 420 million to 480 million US dollars.

On the evening of July 21, multiple listed companies on the Shanghai and Shenzhen exchanges disclosed announcements including semi-annual earnings forecasts, buyback and share increase plans, and major contracts. Yuanjie Technology expects first-half net profit to rise by 1,196.91% to 1,304.98% year-on-year. Zhongyi Technology forecasts an increase of 879.55% to 1,075.46%. Feinan Resources projects growth of 245.36% to 314.43%. Jin Yang Precision anticipates a rise of 138.8% to 180.33%. Yaokang Bio expects an increase of 46.67% to 60.78%. Tengjing Technology forecasts growth of 31.19% to 42.12%. Guangqi Technology, however, expects a decline of 5.64% to 24.3%. Leshan Electric Power's net profit fell 12.9% year-on-year. Mingxing Electric Power dropped 27.91%. CloudWalk Technology narrowed its loss by 62.3% to 69.84% year-on-year. In terms of buybacks, Sungrow Power's chairman proposed a buyback of 500 million to 1 billion yuan. Putailai plans to buy back 200 million to 300 million yuan. Jiuli Special Materials intends to repurchase 200 million to 400 million yuan. Xinghui Environmental Materials and Gao Neng Environment both plan buybacks of 100 million to 200 million yuan. Guangdong Mingzhu's chairman proposed a buyback of 100 million to 150 million yuan. Weichai Power's controlling shareholder plans to increase its A-share holdings by 200 million to 400 million yuan. Hunan Haili's controlling shareholder intends to increase holdings by 85 million to 170 million yuan. Among major contracts, Tianshun Wind Energy signed a crude oil tanker construction contract worth approximately 1.874 billion yuan. Pinggao Electric won bids totaling about 1.818 billion yuan for State Grid procurement projects. A subsidiary of Kanghui Corporation signed a computing power service contract with an estimated total value of 415 million to 679 million yuan. Additionally, GigaDevice plans to use 500 million yuan of raised funds to increase capital in Zhuhai Xincun for a DRAM project. JinkoSolar changed the use of 29.7213 million repurchased shares and will cancel them. Wuzhou Medical intends to acquire 100% equity in Xuanzhi Technology to enter the motor control chip sector. ST Dongjing will have its delisting risk warning removed starting July 23.

A wholly-owned subsidiary of Tianshun Wind Energy has signed 2+2 construction contracts for 113,800 DWT crude oil tankers with a subsidiary of a well-known international shipowner. The total contract value is approximately 1.874 billion yuan, with the two firm vessels valued at about 937 million yuan and the two optional vessels also valued at about 937 million yuan. The vessels will be delivered in batches between 2028 and 2029. This signing marks the company's first undertaking of crude oil tankers, a mainstream high-end offshore engineering vessel type, further refining its dual-core offshore engineering business layout in offshore wind power equipment and oil and gas vessels. The contract has a long execution period and will not have a significant impact on current profits, but is expected to positively affect the company's future revenue and profits.

Gbit Chairman Lu Hongyan has proposed formulating a 2026 semi-annual dividend plan, intending to distribute a cash dividend of 100 yuan per 10 shares, tax included, to all shareholders based on the total share capital after deducting shares in the repurchase account. Wuzhou Medical plans to acquire 100% equity of Xuanzhi Electronic Technology Shanghai Company Limited through a combination of share issuance and cash payment, entering the motor control chip sector; the company's shares will resume trading on July 22. GigaDevice plans to use 500 million yuan of A-share raised funds to increase capital in its wholly-owned subsidiary Zhuhai Hengqin Xincun Semiconductor Company Limited to implement a DRAM fundraising project. Several companies have released semi-annual performance forecasts: Yuanjie Technology expects net profit attributable to the parent company to increase by 1196.91% to 1304.98% year-on-year; Zhongyi Technology expects an increase of 879.55% to 1075.46%; and Feinan Resources expects an increase of 245.36% to 314.43%. SF Holding has completed its 2025 first-phase A-share buyback plan, repurchasing a total of 160 million shares with a total transaction amount of approximately 5.999 billion yuan. Sungrow Power's chairman has proposed a share buyback of 500 million to 1 billion yuan; Putailai plans to buy back shares worth 200 million to 300 million yuan; and Wolong Electric's chairman has proposed a buyback of 50 million to 100 million yuan. China Vanke's largest shareholder, Shenzhen Metro Group, has provided the company with a loan of up to 519 million yuan. Titan Wind Energy's wholly-owned subsidiary has received an order from an international shipowner for two plus two crude oil tankers, with a total contract value of approximately 1.874 billion yuan. ST Dongjing has had its delisting risk warning removed, and its stock abbreviation will change to Dongjing Electronics starting July 23.

Dajin Heavy Industry announced that its subsidiary, Tangshan Dajin Offshore Engineering, has signed a contract with a Greek shipowner for the construction of three plus one bulk carriers, with a total value of approximately 2.1 billion yuan. A Cailian Press reporter tallied that, including previously announced orders, Dajin Heavy Industry's disclosed shipbuilding contract value this year has exceeded 10 billion yuan, roughly matching its total revenue for 2025. These orders cover various vessel types, including bulk carriers and heavy-lift vessels, and will be delivered in batches from 2028 to 2030, expected to significantly boost the company's revenue. Another wind tower foundation company, Tianshun Wind Energy, also announced on May 25 that it had won a bid for the hull construction service of an offshore floating production, storage and offloading vessel, with a contract value of approximately 568 million yuan.