Shenzhen Soling Industrial Co Ltd

Hairong Technology has signed a long-term strategic cooperation agreement with Hema China and others, while Yuntianhua says it will speed up the construction of its phosphogypsum-to-acid project. Hairong Technology agreed to use 130 million yuan of its own funds to acquire a 55 percent stake in Tanghe Food held by Tangdou Technology, with the cooperation period running until December 31, 2030. Yuntianhua stated that accelerating the phosphogypsum-to-acid project can partially reduce reliance on external sulfur purchases and strengthen its independent sulfur resource security capability. In addition, Sanhuan Group plans to repurchase no less than 500 million yuan and no more than 1 billion yuan of its own shares, while TGOOD plans to repurchase no less than 300 million yuan and no more than 600 million yuan of its own shares. A wholly owned subsidiary of Soling Industrial has signed an electronic equipment supply contract with Mitsubishi Heavy Industries worth approximately 130 million US dollars, accounting for 120 percent of the company's audited 2025 annual revenue.

On the evening of July 30, a number of Shenzhen- and Shanghai-listed companies released positive announcements. Chifeng Gold disclosed that its controlled subsidiary Vientiane Mining has updated the mineral resource estimate for the SND gold-copper project at the Sepon mine in Laos, with gold-equivalent metal resources increasing from 107 tonnes to 260 tonnes, a rise of about 143%. Eastroc Beverage released its half-year report, with first-half 2026 operating revenue reaching 12.443 billion yuan, up 15.89% year-on-year, and net profit attributable to shareholders of the listed company of 2.867 billion yuan, up 20.72% year-on-year, and plans to distribute a cash dividend of 30 yuan per 10 shares. Rongbai Technology plans to invest about 4.723 billion yuan to build a 300,000-tonne-per-year integrated sodium-ion battery cathode material project in Xiantao, to be advanced in three phases. Youyan New Materials plans to invest 486 million yuan in the second-phase expansion of high-purity sputtering targets for integrated circuits, to boost high-end target production capacity. A subsidiary of Soling Industrial has signed a supply contract worth about 883 million yuan with Mitsubishi Heavy Industries, accounting for 120% of the company's 2025 annual operating revenue. In addition, Three-Circle Group plans to repurchase shares for 500 million to 1 billion yuan, the actual controller of Forehope Electronic proposes a repurchase of 100 million to 150 million yuan, Hairong Technology plans to acquire a 55% stake in Tanghe Food for 130 million yuan and has signed a long-term strategic cooperation agreement with Freshhema, Tianwei Electronics plans to acquire a 60% controlling stake in Xiuwei Technology for 90 million yuan, and Yujing Machinery plans a private placement to raise 176 million yuan for cutting, grinding and polishing equipment and other projects.

On July 17, Ai Ai Precision Seals opened at its daily limit-up, securing its fourth consecutive limit-up, closing at 44.92 yuan per share with a latest market cap of 5.87 billion yuan. Earlier, the company disclosed progress on a change of control: actual controllers Tu Mulin and Cai Ruimei, a married couple, plan to transfer their equity, and the controlling shareholder will change to Shanghai Yusheng Tongfeng Metal Materials Technology Co., Ltd., with the actual controller changing to Yuan Yuan. After the change, Shanghai Yusheng will hold 40% of Ai Ai Precision Seals. The power sector saw a sudden surge, with Huayin Electric Power hitting its limit-up, sealed by over 900,000 lots of buy orders. Leshan Electric Power and Shennandian A also hit their limit-ups, while Hangzhou Thermal Power and Xichang Electric Power rose in tandem. On the news front, the National Energy Administration released data showing that total electricity consumption in June reached 898.1 billion kilowatt-hours, up 3.7% year-on-year, with electricity use in charging and battery swap services and internet data services surging 57.1% and 41.4% respectively. The on-device hardware concept was active, with AI phones and glasses leading the gains. Mio Exhibition hit a 20% limit-up, and Daoming Optics rose for a second consecutive limit-up. The Cyberspace Administration of China released filing information for seven mobile on-device generative AI services, including Apple Intelligence and Huawei's Xiaoyi AI large model. The smart driving concept was also active, with Soling Shares hitting its limit-up. On the news front, a Huawei executive said that autonomous driving will see rapid iteration, with low-speed L4 pilot programs in urban areas starting in 2026.