Power Construction Corp of China LtdSubsidiary signed a major contract for Iraq water project worth ~8.925 billion yuan.
In the past two days, 20 Shanghai-listed companies have added buyback and shareholding increase plans. Among them, 17 companies added buyback plans, with a combined proposed buyback amount cap of 2.196 billion yuan. Three companies added shareholding increase plans, with a combined proposed increase amount cap of 240 million yuan. Another nine companies disclosed progress announcements related to buybacks and shareholding increases. On the performance front, 16 Shanghai-listed companies released positive announcements. Yuanjie Technology expects first-half revenue to grow 339 to 364 percent year-on-year, with net profit attributable to shareholders of the listed company rising 1,197 to 1,305 percent. Lianxun Instruments expects first-half net profit to increase 802 to 926 percent year-on-year. Xi'an Yicai Materials' monthly production and sales of 12-inch electronic-grade silicon wafers surpassed one million units. In terms of major contracts, a subsidiary of China Power Construction Corporation signed a subcontract for the water transmission system of the Basra seawater desalination project in Iraq, with a contract value equivalent to approximately 8.925 billion yuan. The mid-term dividend camp continues to expand, with eight Shanghai-listed companies including Wanhua Chemical, Shandong Gold, and ArcSoft receiving mid-term dividend proposals or releasing plans.
Power Construction Corp of China LtdSubsidiary signed a major contract for Iraq water project worth ~8.925 billion yuan.
Yuanjie Semiconductor Technology Co. Ltd. AExpects first-half revenue growth of 339-364% and net profit growth of 1197-1305%.
Wanhua Chemical Group Co LtdMentioned as one of eight companies receiving mid-term dividend proposals or plans.
Shandong Gold Mining Co LtdMentioned as one of eight companies receiving mid-term dividend proposals or plans.
ArcSoft Corp LtdMentioned as one of eight companies receiving mid-term dividend proposals or plans.
Bright Dairy & Food Co Ltd
Shanghai Diesel Engine Co Ltd AMonthly production and sales of 12-inch electronic-grade silicon wafers surpassed one million units, indicating strong product demand.