Shenzhen Dynanonic Co Ltd

Dynanonic stated at its earnings briefing on August 27 that, based on current customer feedback and orders on hand, demand in the two major downstream application areas of power batteries and energy storage remains strong. The company expects the power market and the energy storage market to continue growing at a relatively high speed next year, with the energy storage market expected to grow faster than the power market. As the company's high-end production capacity is gradually released, Dynanonic expects to maintain high-speed growth next year.

Dynanonic released its 2026 semi-annual report, achieving operating revenue of 10.4 billion yuan, up 167.92 percent year-on-year. Net profit attributable to shareholders of the listed company was 455 million yuan, swinging from a loss to a profit year-on-year. The turnaround was mainly due to growth in downstream demand, higher product sales volumes and selling prices, and improved profitability. The company plans not to distribute cash dividends, not to issue bonus shares, and not to convert capital reserves into share capital. Notably, the company's second-quarter net profit was 191 million yuan, compared with 265 million yuan in the first quarter, meaning second-quarter net profit fell 28 percent quarter-on-quarter.

Defang Nano disclosed its 2026 semi-annual report on August 27, recording operating revenue of 10.4 billion yuan for the period, up 167.92 percent year on year, and net profit attributable to shareholders of the listed company of 455 million yuan, swinging from a loss to a profit compared with the same period last year. The turnaround was mainly driven by growth in downstream demand, higher product sales volumes and selling prices, and improved profitability. The company confirmed that it will not distribute cash dividends, issue bonus shares, or convert capital reserves into share capital for the first half of 2026.

The Shenzhen Stock Exchange has accepted Dynanonic's application for a private share placement. The proposed issuance will not exceed 84.0564 million shares, with expected proceeds of 2.9 billion yuan. The sponsor is Huatai United Securities.