Cloudwalk Technology Co. Ltd. A

CloudWalk Technology and Shum Yip Capital have completed a strategic investment in Xuanjia Technology, a domestic AIGC intelligent audiovisual company, through the Ganzhou Shum Yip CloudWalk Intelligent Technology Equity Investment Fund jointly initiated and established by both parties. Xuanjia Technology is primarily engaged in AI audiovisual content generation, with its self-developed Kino-AIGC large model and AI short drama platform Kino Vision, and has already established application foundations in scenarios such as short dramas, cultural tourism, digital commerce, and government and enterprise services.

On the evening of July 21, multiple listed companies on the Shanghai and Shenzhen exchanges disclosed announcements including semi-annual earnings forecasts, buyback and share increase plans, and major contracts. Yuanjie Technology expects first-half net profit to rise by 1,196.91% to 1,304.98% year-on-year. Zhongyi Technology forecasts an increase of 879.55% to 1,075.46%. Feinan Resources projects growth of 245.36% to 314.43%. Jin Yang Precision anticipates a rise of 138.8% to 180.33%. Yaokang Bio expects an increase of 46.67% to 60.78%. Tengjing Technology forecasts growth of 31.19% to 42.12%. Guangqi Technology, however, expects a decline of 5.64% to 24.3%. Leshan Electric Power's net profit fell 12.9% year-on-year. Mingxing Electric Power dropped 27.91%. CloudWalk Technology narrowed its loss by 62.3% to 69.84% year-on-year. In terms of buybacks, Sungrow Power's chairman proposed a buyback of 500 million to 1 billion yuan. Putailai plans to buy back 200 million to 300 million yuan. Jiuli Special Materials intends to repurchase 200 million to 400 million yuan. Xinghui Environmental Materials and Gao Neng Environment both plan buybacks of 100 million to 200 million yuan. Guangdong Mingzhu's chairman proposed a buyback of 100 million to 150 million yuan. Weichai Power's controlling shareholder plans to increase its A-share holdings by 200 million to 400 million yuan. Hunan Haili's controlling shareholder intends to increase holdings by 85 million to 170 million yuan. Among major contracts, Tianshun Wind Energy signed a crude oil tanker construction contract worth approximately 1.874 billion yuan. Pinggao Electric won bids totaling about 1.818 billion yuan for State Grid procurement projects. A subsidiary of Kanghui Corporation signed a computing power service contract with an estimated total value of 415 million to 679 million yuan. Additionally, GigaDevice plans to use 500 million yuan of raised funds to increase capital in Zhuhai Xincun for a DRAM project. JinkoSolar changed the use of 29.7213 million repurchased shares and will cancel them. Wuzhou Medical intends to acquire 100% equity in Xuanzhi Technology to enter the motor control chip sector. ST Dongjing will have its delisting risk warning removed starting July 23.

CloudWalk Technology disclosed its earnings forecast, expecting a net loss attributable to the parent of 69.3215 million yuan to 86.6519 million yuan in the first half of 2026, compared with a loss of 230 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 85.8258 million yuan to 107 million yuan, compared with a loss of 248 million yuan a year earlier. The company stated that, centering on its AI infrastructure plus AI agent strategy, it continues to focus on core businesses, advancing technology research and development and scenario implementation. At the same time, through measures such as optimizing organizational operations and strengthening cost and expense control, it has driven year-on-year declines in major period expenses including sales, management, and research and development. The results of operational efficiency improvements are gradually emerging, leading to a significant improvement in overall profitability, with the net loss narrowing sharply year-on-year.