Hengong Precision Equipment Co Ltd

Henggong Precision announced on the evening of September 16 that it plans to issue convertible corporate bonds to unspecified investors, raising no more than 810 million yuan in total, for projects including embodied AI robot body manufacturing and expansion of high-end equipment components. According to the plan, after deducting issuance expenses, the funds will be invested in five projects: 350 million yuan for the embodied AI robot body manufacturing project, with a total project investment of 399.8 million yuan; 50 million yuan for the embodied AI robot pilot base and Shanghai R&D center project; 278 million yuan for the high-end equipment components expansion project; 54.99 million yuan for the high-end components new materials expansion project; and 76.89 million yuan to supplement working capital. The total investment in these projects amounts to 946 million yuan. The convertible bonds will be issued at par value, with a face value of 100 yuan each, a term of six years from the date of issuance, annual interest payments, and priority placement to existing shareholders. The conversion period begins on the first trading day six months after the completion of the bond issuance and ends on the maturity date of the bonds. The issuance still requires approval by the company's shareholders' meeting, review and approval by the Shenzhen Stock Exchange, and registration approval by the China Securities Regulatory Commission before implementation. In the first half of the year, the company achieved operating revenue of 724 million yuan, up 37.37 percent year on year, and net profit attributable to shareholders of the listed company of 104 million yuan, up 57.03 percent year on year. Revenue from robot key components and robot complete machine manufacturing and scenario deployment business was 79.3847 million yuan, accounting for 10.97 percent of operating revenue, up 745.25 percent year on year.

Shanghai Yahong announced that Feike Investment will become the company's controlling shareholder, and trading in its shares will resume from tomorrow. Several companies released important announcements that evening: Jingwei Holdings said China Software Xi'an plans to acquire 29.68% of the company's total share capital at 53 yuan per share, with trading to resume tomorrow; Kanghui's subsidiary signed a 1.72 billion yuan computing power service contract and a 1.141 billion yuan computing power server purchase and sale contract; Henggong Precision plans to issue convertible bonds of no more than 810 million yuan for projects including embodied intelligent robots; Ruifeng Polymer Materials plans to acquire a 68.065% stake in Mitop New Materials for 499 million yuan; Sany Heavy Industry repurchased 16.6206 million shares today, paying 299 million yuan. In addition, Shanghai RAAS's SR604 injection has entered Phase III clinical trials, and no product targeting the same receptor as this drug has been launched globally; Hwatsing Technology has completed its share repurchase, with a cumulative repurchase amount of 60.2245 million yuan.

Kanghui Co.'s wholly owned subsidiary Beijing Kanghui Zhichuang signed a Computing Power Service Contract with Client Company A, with a total contract value of approximately 1.72 billion yuan including tax, for a term of five years. Computing power delivery will be implemented in batches from the end of the third quarter of 2026 through the end of the first quarter of 2027. Trading disclosure data from September 16 shows Accelink Technologies saw net institutional buying of 253 million yuan, accounting for 3.42 percent of total turnover. Luozhou Co. saw net institutional buying of 44.4196 million yuan, accounting for 6.03 percent of total turnover. Huawei disclosed that its next-generation Ascend supernode will soon be officially launched, targeting large-scale data center construction, trillion-parameter large model training, and high-concurrency inference scenarios. According to media reports, Japan's JSR, Tokyo Ohka Kogyo, Shin-Etsu Chemical, and others announced that starting October 1, 2026, new pricing for photoresist for global customers will be raised by 15 percent overall, with high-end ArF series long-term contract quotes raised by 16 to 22 percent, and HBM-specific immersion ArF raised by up to 24 percent. In addition, Deye Co. plans to repurchase shares for 100 million to 200 million yuan, with a repurchase price not exceeding 133 yuan per share. Henggong Precision plans to issue convertible bonds of no more than 810 million yuan for projects including embodied intelligent robots.

Henggong Boyuan Intelligent Technology Suzhou Company Limited, jointly held by Henggong Precision and others, was recently established. Its business scope includes the sale of intelligent robots, research and development of intelligent robots, development of artificial intelligence theory and algorithm software, sale of artificial intelligence hardware, and general artificial intelligence application systems.

Henggong Precision announced that its controlling shareholder, Hainan Jiegong Enterprise Management Co., Ltd., and one of its actual controllers, Wei Zhiyong, have voluntarily pledged not to actively reduce their directly held company shares within the next 12 months following the disclosure of the announcement.