Shanghai Smith Adhesive New

Jinghua New Materials disclosed its 2026 semi-annual report, with net profit attributable to the parent company of 48.245 million yuan in the first half, up 28.06% year on year. Total operating revenue for the same period was 1.114 billion yuan, up 17.71% year on year. Net profit excluding non-recurring items was 49.0068 million yuan, up 27.32% year on year. Net cash flow from operating activities was 81.9639 million yuan, up 226.14% year on year. Basic earnings per share during the reporting period were 0.1679 yuan, and the weighted average return on equity was 2.86%. The company's main business focuses on adhesive functional materials.

Several listed companies convened emergency board meetings over the weekend, waiving meeting notice deadlines to urgently review and approve share buyback plans. The board of Shanghai Smith Adhesive New Material held an ad hoc meeting at 10 a.m. today, unanimously passing a proposal to repurchase shares through centralized bidding. The buyback fund size ranges from 50 million to 100 million yuan, with a maximum repurchase price of 45.98 yuan per share, a buyback period of three months, and funding from its own capital. Olympic Circuit also held an ad hoc board meeting over the weekend, planning to use no less than 200 million yuan and no more than 300 million yuan of its own or self-raised funds to repurchase shares at a price not exceeding 55 yuan per share, for employee stock ownership plans or equity incentives. Meanwhile, a major shareholder holding 20.11% of the company terminated a previously disclosed share reduction plan ahead of schedule without implementing any reductions. The board of RemeGen agreed to use its own or self-raised funds to repurchase shares, with the amount no less than 25 million yuan and no more than 50 million yuan, for employee stock ownership plans or equity incentives. Huaan Securities received a proposal from Chairman Zhang Hongtao, as the company's A-share closing price had fallen by a cumulative 26.46% over 13 consecutive trading days, triggering the buyback condition of being necessary to safeguard company value and shareholder rights. The proposal suggests a buyback fund of no less than 100 million yuan and no more than 200 million yuan, with the repurchase price not exceeding 150% of the average stock price over the 30 trading days before the board approves the buyback resolution, and a buyback period of no more than three months. The board will promptly study and formulate a plan.

As we enter July 2026, listed companies are accelerating their buyback and shareholding increase activities. Taking the Shenzhen market as an example, as of the evening of July 19, a total of 54 buyback and shareholding increase plans have been disclosed for the month, with a combined capital ceiling exceeding 7.6 billion yuan. Industry leaders in sectors such as construction machinery, non-ferrous metals, AI technology, and consumer goods are simultaneously stepping up their efforts. On the evening of July 19, multiple A-share listed companies disclosed buyback announcements covering electronics, pharmaceuticals, new materials, and other industries. Among them, Shanghai Smith Adhesive New Material plans to use 50 million to 100 million yuan of its own funds to repurchase shares; Olympic Circuit Technology plans to repurchase with 200 million to 300 million yuan; RemeGen plans to repurchase with 25 million to 50 million yuan; Jianlong Micro-Nano New Materials plans to repurchase with 20 million to 40 million yuan; and the chairman of Huaan Securities proposed a repurchase of 100 million to 200 million yuan. Earlier, on the evening of July 17, companies including Guangshen Railway, Longcheer Technology, Neusoft Corporation, and Hainan Mining had already released buyback progress announcements, with some companies carrying out their first repurchases.