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Keda Clean Energy Co Ltd

Keda Industrial Group Co., Ltd. manufactures and sells ceramic machinery and building material in China. The company offers building materials machinery, clean coal gasification equipment, final-stage flue gas treatment equipment, high-end components and other equipment, building ceramics, and lithium-ion battery materials; and ceramic, stone, ACC, lithium-ion battery materials, and hydraulic machineries. It is also involved in manufacturing ceramics, stone, and wall materials; research, development, and manufacturing of automation technologies and equipment; sales of mechanical and electrical spare parts, sand wheel grinding tools and materials, and ceramic products; and research, development, manufacturing, and sales of clean energy related mechanical equipment, related automation technologies and equipment, clean gas, and vapor and steam. In addition, the company engages in the provision of information technology, software development and sales, system integration, hardware equipment leasing and sales, and network technology consulting services; disposal of waste water, and solid and hazardous wastes, as well as the production and sales of the derivative products thereof; and import of raw and auxiliary materials, machinery and equipment, instruments and meters, spare parts, and related technologies. Further, it provides presses, kilns, polishing and squaring machines, and intelligent post-kiln complete production lines for tile production; ceramic tiles, glass, and sanitary ware; and hydraulic pump and bent-axis piston motors; as well as integrated solar-plus-storage solutions, such as power trading, integrated solar-storage-charging systems, distribution network operation, and carbon asset trading. The company was formerly known as Keda Clean Energy Co., Ltd. and changed its name to Keda Industrial Group Co., Ltd. in July 2020. Keda Industrial Group Co., Ltd. was founded in 1992 and is headquartered in Foshan, China.

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600499.CG

Keda Industrial Group Releases 2026 Interim Report with Net Profit of 1.284 Billion Yuan

Keda Industrial Group has released its 2026 interim report. The company's total operating revenue was 10.392 billion yuan, net profit attributable to the parent company was 1.284 billion yuan, and net cash inflow from operating activities was 1.365 billion yuan. The company's latest asset-liability ratio was 45.92%, gross margin was 31.91%, down 2.46 percentage points from the previous quarter, and latest return on equity was 9.69%. Diluted earnings per share were 0.67 yuan, total asset turnover was 0.34 times, and inventory turnover was 1.22 times. The company had 51,000 shareholders, and the top ten shareholders held 1.144 billion shares, accounting for 59.65% of the total share capital.
Jiemian·2dRead more ▾
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Huijin Co. and Keda Manufacturing Both Terminate Major Asset Restructurings

Huijin Co. and Keda Manufacturing separately announced on the evening of August 14 the termination of their respective major asset restructuring plans. Huijin Co. ended a nearly year-long plan to purchase a 20% stake in Cooper New Energy Co. with cash and obtain voting rights delegation of no less than 31%, because the parties failed to reach agreement on core terms. Keda Manufacturing's board approved the termination of its plan to acquire a 51.55% stake in Guangdong Tefu International Holdings Co. through share issuance and cash payment, along with raising supporting funds, and stated that Tefu International is a controlling subsidiary of the company, so the termination will not affect control rights or future plans.
证券时报·13dRead more ▾
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Multiple companies on the Shanghai and Shenzhen stock exchanges disclose half-year reports and major matters

On the evening of August 14, multiple listed companies on the Shanghai and Shenzhen stock exchanges issued announcements covering major matters, half-year results, shareholding changes, and large orders. Keda Manufacturing terminated its purchase of a 51.55 percent stake in Tefu International. Zhongheng Electric's controlling shareholder, Zhongheng Technology Investment, received a capital increase of 4.1 billion yuan from CATL, subscribing to 14.4118 million yuan of new registered capital, and the two sides signed a strategic cooperation agreement. Huashi Technology plans to buy a 30 percent stake in Aoxing Technology for 300 million yuan. Haitong Development's wholly owned subsidiary plans to invest no more than 600 million yuan to build two 62,000 deadweight ton multipurpose heavy-lift vessels. Zhiyang Innovation plans to raise no more than 904 million yuan through a private placement. Fuleide plans to raise no more than 1.176 billion yuan through convertible bonds. In half-year results, Kweichow Moutai posted first-half net profit of 44.517 billion yuan, down 1.95 percent year on year. Satellite Chemical posted net profit of 6.226 billion yuan, up 126.94 percent. Shengyi Technology posted net profit of 3.287 billion yuan, up 130.42 percent. Ping An Bank posted net profit of 25.696 billion yuan, up 3.3 percent, and plans to pay a dividend of 2.49 yuan per 10 shares. China Communications Construction signed new contracts worth 902.949 billion yuan in the first half, down 8.89 percent year on year. In addition, Fuwei Shares received a seat project nomination from a joint-venture brand customer, with an estimated total life-cycle sales value of 2.86 billion yuan. A subsidiary of Shaanxi Construction Engineering won the bid for a 1.156 billion yuan Yunjing Intelligent Computing Center project. A subsidiary of Zhejiang Construction Investment won the bid for a project worth 2.497 billion Hong Kong dollars.
Eastmoney·13dRead more ▾
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Keda Industrial's Nearly 7.5 Billion Yuan M&A Deal Rejected by Shanghai Stock Exchange

Keda Industrial's plan to acquire a 51.55% stake in Tefu International through a share and cash issuance, along with a related fundraising, was not approved by the Shanghai Stock Exchange's Reorganization Committee. The deal was valued at 7.475 billion yuan. The committee's on-site inquiries focused on three main issues: the listed company's control over the target company, the fairness of the transaction price, and the reasonableness of the target company's revenue growth. Tefu International's operating revenues for 2024 and 2025 were 4.738 billion yuan and 8.185 billion yuan respectively, representing a year-on-year increase of 72.75% in 2025. Such a rejection of a restructuring by the exchange is relatively rare in the A-share market in recent years. Previously, the restructuring deals of Dadi Ocean and Ningxia Building Materials were also rejected. Keda Industrial stated that its current production and operations are normal, and the above result will not have a significant impact.
每日经济新闻·21dRead more ▾
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Keda Industrial forecasts first-half net profit up 69% to 83% year-on-year, overseas building materials become largest business segment

Keda Industrial expects to achieve attributable net profit of 1.26 billion to 1.36 billion yuan in the first half of 2026, representing year-on-year growth of 69.11% to 82.53%, with second-quarter net profit rising quarter-on-quarter from the first quarter. The core drivers are the continued ramp-up of production capacity at overseas building materials operations that commenced earlier, relatively favourable product prices, and investment income from an associate company. The overseas building materials segment has overtaken ceramic machinery to become the company's largest revenue source. In 2025, this segment generated revenue of 8.185 billion yuan, accounting for 47% of total revenue, and its scale and share are expected to increase further in the first half of 2026. The company anticipates that the ceramic projects in Côte d'Ivoire and the Keda Kenya Kisumu plant will deliver full capacity contributions in 2026, while the South American glass project in Peru will be completed within the year, driving overall production and sales growth. The second-phase projects in Côte d'Ivoire and the Kisumu second-phase tile project in Kenya under construction are expected to commence production around the end of 2026 or early 2027, and two ceramic production lines in Guinea are targeted to start production in 2027. By then, annual tile production capacity will jump from approximately 200 million square metres to 250 million square metres. In the ceramic machinery business, overseas revenue accounts for over 70% of the total, and orders for spare parts and consumables represent 25%. The general-purpose business secured orders worth 500 million yuan in 2025. The lithium battery materials segment turned profitable in 2025, with anode material sales reaching 114,400 tonnes. Orders remained fully booked in the first half of 2026, and integrated artificial graphite production capacity is expected to rise to 180,000 tonnes per year. The associate company Lanke Lithium saw a net margin on lithium carbonate sales exceeding 50%, and its cash dividends provide the company with healthy cash flow. At the end of 2025, the company's overall gearing ratio stood at about 46%, with total cash dividends distributed for the year amounting to approximately 575 million yuan, lifting the dividend payout ratio to around 44%.
目前·30dRead more ▾
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Keda Industrial Group issues positive first-half profit alert, net profit up 69.11% to 82.53%

Keda Industrial Group has issued a positive profit alert for the first half of the year, expecting net profit to reach between 1.26 billion and 1.36 billion yuan, representing a year-on-year increase of 69.11% to 82.53%. According to statistics from Securities Times Data Treasure, Keda Industrial Group closed at 15.31 yuan today, down 3.89%, with a daily turnover rate of 1.39% and trading volume of 413 million yuan. The stock has risen 8.74% over the past five days. In terms of capital flows, the stock saw a net outflow of 21.7246 million yuan in main funds today, while net inflows over the past five days stood at 1.9118 million yuan. The latest margin trading balance was 402 million yuan, of which the margin financing balance was 395 million yuan, up 0.44% from the previous trading day, while the margin financing balance has fallen by a cumulative 5.66% over the past five days.
证券时报·50dRead more ▾
Critical Materials & Supply Chain3

Keda Industrial Group expects first-half net profit to rise 69% to 83% year-on-year

Keda Industrial Group disclosed its earnings forecast, estimating net profit for the first half of 2026 at 1.26 billion to 1.36 billion yuan, representing a year-on-year increase of 69.11% to 82.53%. The company's overseas building materials business benefited from the continued release of production capacity from earlier projects and relatively favorable product prices, leading to solid growth in both revenue and net profit. The ceramic machinery business remained stable, supported by overseas market expansion and coordinated accessories and consumables services, while the anode materials business saw improvements in production, sales, and profitability. In addition, driven by rising lithium carbonate prices, the net profit of its associate company Lanke Lithium Industry surged year-on-year, resulting in a corresponding increase in investment income recognized by the company.
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