Shanxi Huaxiang Group Co Ltd

Huaxiang Co. announced plans to distribute a cash dividend of 1.94 yuan, tax included, for every 10 shares to all shareholders, with an estimated total payout of 104 million yuan, accounting for 39.82% of net profit attributable to the parent company for the first half of 2026. In the interim period of 2026, the company achieved revenue of 2.206 billion yuan and net profit attributable to the parent company of 262 million yuan.

Huaxiang Shares repurchased 480,000 shares for the first time through centralized bidding, accounting for 0.09% of the company's total share capital. The highest repurchase price was 15.30 yuan per share, the lowest was 14.98 yuan per share, and the total amount paid was 7.26 million yuan. In the first quarter of 2026, the company achieved revenue of 1.054 billion yuan and net profit attributable to the parent of 147 million yuan.

From July 27 to 28, Shanghai-listed companies continued to release a dense stream of positive signals across multiple dimensions, including buybacks, shareholding increases, extended lock-up periods for shareholders, earnings previews, and interim dividends. Statistics show that over the two days, a total of seven Shanghai-listed companies unveiled new buyback plans, with the combined upper limit of buyback amounts reaching 2.39 billion yuan. Three companies announced new shareholding increase plans, with the combined upper limit of increase amounts totaling 370 million yuan. Among them, Foxconn Industrial Internet plans to use 1 billion to 2 billion yuan of its own funds to buy back shares. Yuchen Intelligence, Ningbo Yunsheng, and Huaxiang Group added new buyback plans for equity incentives or employee stock ownership. Zhongli Shares and Yongzhen Shares set the lower limits of their buyback amounts at 50 million yuan and 40 million yuan, respectively. Chongqing Port disclosed a buyback plan of 20 million to 30 million yuan. Four shareholders, including the controlling shareholder of Jindi Shares, voluntarily extended the lock-up period for pre-IPO restricted shares by 12 months to August 31, 2027, with their combined holdings exceeding 115 million shares. On the earnings front, CITIC Securities issued an announcement regarding China Asset Management's 2026 semi-annual earnings preview, showing that China Asset Management achieved operating revenue of 5.708 billion yuan and net profit of 1.413 billion yuan in the first half of the year, with assets under management reaching 2.91 trillion yuan. Universal Scientific Industrial reported first-half operating revenue of 27.336 billion yuan and net profit attributable to the parent company of 822 million yuan, a year-on-year increase of 28.85 percent. In terms of dividends, the chairman of Huadian Power International proposed a cash dividend of 0.9 yuan per 10 shares. The chairman of Ningbo Port proposed an interim dividend of no less than 30 percent of distributable profit for the first half. The chairman of Haohua Energy proposed an interim dividend of no less than 20 percent of net profit attributable to the parent company for the first half. On the STAR Market, 14 positive announcements were released in a single day on July 28, including Yandong Microelectronics' shareholding increase plan with an upper limit of 300 million yuan. Kingsoft Office, Sanwei Information Security, and Hyperstrong submitted strong earnings forecasts or previews. Dameng Data announced a shareholder shareholding increase plan. Zhengyuan Geomatics announced that its controlling shareholder extended the lock-up period. Sunway Biotech announced receipt of a drug clinical trial approval notice. Additionally, Orinko Advanced Plastics, Feymer Technology, Chipmore Technology, Canadian Solar, Geling Shentong, Shanghai Yizhong Pharmaceutical, and Actionpower disclosed updates on their buyback progress.

Huaxiang Shares announced plans to repurchase shares through centralized competitive bidding, with a buyback amount ranging from 30 million to 50 million yuan. The repurchase price will not exceed 24.7 yuan per share, and the number of shares to be repurchased will be between 1.2146 million and 2.0243 million shares. The buyback period is within three months after approval by the board of directors. In the first quarter of 2026, the company achieved revenue of 1.054 billion yuan and net profit attributable to the parent company of 147 million yuan.

Huaxiang Shares, together with the China Electronic Chamber of Commerce and other institutions, has released the five-point action agenda of the Dingtao Consensus on Industrial AI Visual Inspection Industry Development, and simultaneously launched the drafting of the Technical Specification for AI Visual Inspection Systems in the Casting Processing Industry. As a leading enterprise in the casting and precision machining sector, Huaxiang Shares is deeply involved in drafting the standard, aiming to translate its quality inspection experience in compressors, automotive components, and other fields into a common industry language, transforming from a rule follower to a rule maker. The event brought together academicians and experts from over ten universities including Tsinghua University and Zhejiang University, as well as end-user manufacturers such as SAIC Motor, Midea, and Gree, connecting the entire chain of resources from technology R&D, application deployment, to capital empowerment. In recent years, the company has taken the lead in deploying AI visual inspection systems on its own production lines, achieving automatic identification of micron-level defects, with simultaneous improvements in inspection efficiency and product yield, providing core practical support for this standard drafting. Several brokerages believe that the standardization of industrial AI vision is expected to unlock a market worth hundreds of billions of yuan for the intelligent transformation of existing manufacturing enterprises. Huaxiang Shares, with its dual advantages in manufacturing scenarios and technology deployment, will fully benefit from the industry expansion dividends. On the financial front, the Linfen branches of Bank of China and Industrial and Commercial Bank of China, along with multiple brokerages, will launch comprehensive financial services such as special credit lines and industrial funds centered on AI visual technology R&D and production line intelligent transformation. The company completed a 1.3 billion yuan convertible bond issuance in 2026, with the raised funds primarily directed toward the expansion of intelligent production lines and intelligent manufacturing technology R&D. Huaxiang Shares stated that the next step will be to lead the pilot verification of the industry standard, accelerate the large-scale promotion of AI visual inspection technology in the home appliance and new energy vehicle component sectors, create a replicable Dingtao Intelligent Manufacturing Solution, and continuously cultivate new quality productive forces.