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Jdd Tech New Mat Co Ltd

Shenzhen Jdd Tech New Material Co., Ltd is a Chinese company engaged in the research, design, development, production, and sale of modified polymer protective materials. Its product portfolio includes functional protective sleeves and functional monofilaments, such as PUR pipe, fiber cloth tape, heat shrink braided tubing, and various other protective and insulation components. These products serve applications in automotive, construction machinery, railway, communication electronics, medical care, and other industries. Founded in 2004, the company is based in Shenzhen, China.

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301538.CS

Far East Smarter Energy plans to acquire 80% stake in Fudewangwang for 216 million yuan

Far East Smarter Energy announced that its subsidiary Far East Electric plans to acquire an 80% stake in Huizhou Fudewangwang Industrial Development for 216 million yuan. After the transaction is completed, the target will be consolidated into the company's financial statements. Fudewangwang mainly produces core liquid-cooling heat dissipation components. In 2025, it reported revenue of 256 million yuan and net profit of 14.16 million yuan. In the first quarter of 2026, revenue was 77.69 million yuan and net profit was 7.73 million yuan. The transferor has committed that net profit from 2026 to 2028 will be no less than 25 million yuan, 30 million yuan, and 35 million yuan respectively, totaling no less than 90 million yuan. Previously, Jundeda had planned to acquire a 51% stake in Fudewangwang for no more than 300 million yuan, but terminated the plan on August 17. This valuation is about 270 million yuan, down more than 50% from the previous valuation of about 588 million yuan. In the first half of 2026, Far East Smarter Energy reported revenue of 12.99 billion yuan and net profit attributable to the parent company of 205 million yuan, up 43.13% year on year.
IPO日报·25dRead more →
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Jundingda's 2026 interim report shows net profit of 75.097 million yuan, down 20.60% year-on-year

Jundingda released its 2026 interim report, with net profit attributable to the parent company of 75.097 million yuan, a decrease of 20.60% compared with the same period last year. The company's total operating revenue was 505 million yuan, and net cash inflow from operating activities was 133 million yuan. The latest asset-liability ratio was 14.93%, gross margin was 38.91%, ROE was 5.04%, and diluted earnings per share was 0.68 yuan.
Jiemian·25dRead more →
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Jundingda Terminates Acquisition of 51% Stake in Fudewangwang

Jundingda announced the termination of its acquisition of a 51% stake in Huizhou Fudewangwang Industrial Development Co., Ltd., a liquid cooling company. The company said that after careful assessment, it failed to reach consensus with Fudewangwang and its shareholders Huang Tuwang and Li Mingxia on core transaction terms, and that continuing the deal would not serve the overall interests of all parties, so they agreed to terminate it by mutual consent. Jundingda had disclosed on May 12 this year its plan to acquire a 51% stake in Fudewangwang, aiming to accelerate its entry into the liquid cooling industry and share in the sector's growth dividends. The company said the termination will not have a material adverse impact on its existing operations or financial position, nor will it affect its future development plans. In 2025, Jundingda achieved revenue of 1.026 billion yuan, up 18.68% year on year, and net profit of 195 million yuan, up 10.87% year on year. In the first quarter of 2026, it posted revenue of 226 million yuan and net profit attributable to the parent of 35.73 million yuan. As of the close on August 17, Jundingda's share price was 40.37 yuan per share, with a total market value of 4.431 billion yuan.
证券时报·33dRead more →