Sinomach Automobile Co Ltd

Jangho Group disclosed its first-half 2026 results, achieving operating revenue of 10.824 billion yuan, up 15.90% year-on-year, and net profit attributable to shareholders of the listed company of 441 million yuan, up 34.34% year-on-year. Jianxin Chemical reported net profit of 47.8701 million yuan for the same period, surging 790.27% year-on-year, with operating revenue of 360 million yuan, up 51.42% year-on-year. Foxconn Industrial Internet posted first-half net profit of 23.74 billion yuan, up 95.99% year-on-year, and operating revenue of 557.861 billion yuan, up 54.63% year-on-year. Yongjie New Materials shareholders Qianhai Equity Fund, Zhongyuan Qianhai Fund, and Qilu Qianhai Fund plan to collectively reduce their holdings by no more than 5.9441 million shares, representing 3% of total share capital. Biwin Storage intends to use 200 million to 250 million yuan of its own or self-raised funds to repurchase shares for capital reduction, with a repurchase price not exceeding 468.24 yuan per share. Longsys has obtained a commitment letter from China Construction Bank Shenzhen Branch for a special share repurchase loan of up to 720 million yuan, following the company's earlier plan to repurchase shares worth 400 million to 800 million yuan for equity incentives. Chunxing Precision was sued over a subsidiary's loan contract dispute, involving principal of 166 million yuan plus interest, with the company bearing joint guarantee liability. Anhui Construction Engineering Group Vice General Manager He Hongchun has been detained and resigned from his position; the company stated that this does not affect daily operations. Sinomach Automobile's investee company Xinbang Kechuang has been accepted by the court for bankruptcy liquidation filing, and the company has already adjusted the carrying amount of its long-term equity investment in Xinbang Kechuang to zero. Golden Laser's actual controller Liang Wei was sentenced to three years and nine months in prison in the final trial for market manipulation, fined 12 million yuan, and ordered to disgorge illegal gains; during the manipulation period, he cashed out approximately 115 million yuan through share reductions.

Guojili Auto announced that its associate company, Xinbang Zhuhai Kechuang Industrial Development, has had a bankruptcy liquidation application accepted by the Zhuhai Intermediate People's Court. The application was filed by creditor Guangdong Xinbang Automation Equipment Group, and the court docketed the case on August 7, 2026. As of the end of 2023, Guojili Auto's long-term equity investment balance in Xinbang Kechuang stood at 11.15 million yuan. In the first half of 2024, it had already recognized an investment loss of 11.15 million yuan under the equity method, reducing the carrying amount to zero.