Ai Ai Precision Seals Hits 4th Consecutive Limit-Up; Power Sector Surges

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On July 17, Ai Ai Precision Seals opened at its daily limit-up, securing its fourth consecutive limit-up, closing at 44.92 yuan per share with a latest market cap of 5.87 billion yuan. Earlier, the company disclosed progress on a change of control: actual controllers Tu Mulin and Cai Ruimei, a married couple, plan to transfer their equity, and the controlling shareholder will change to Shanghai Yusheng Tongfeng Metal Materials Technology Co., Ltd., with the actual controller changing to Yuan Yuan. After the change, Shanghai Yusheng will hold 40% of Ai Ai Precision Seals. The power sector saw a sudden surge, with Huayin Electric Power hitting its limit-up, sealed by over 900,000 lots of buy orders. Leshan Electric Power and Shennandian A also hit their limit-ups, while Hangzhou Thermal Power and Xichang Electric Power rose in tandem. On the news front, the National Energy Administration released data showing that total electricity consumption in June reached 898.1 billion kilowatt-hours, up 3.7% year-on-year, with electricity use in charging and battery swap services and internet data services surging 57.1% and 41.4% respectively. The on-device hardware concept was active, with AI phones and glasses leading the gains. Mio Exhibition hit a 20% limit-up, and Daoming Optics rose for a second consecutive limit-up. The Cyberspace Administration of China released filing information for seven mobile on-device generative AI services, including Apple Intelligence and Huawei's Xiaoyi AI large model. The smart driving concept was also active, with Soling Shares hitting its limit-up. On the news front, a Huawei executive said that autonomous driving will see rapid iteration, with low-speed L4 pilot programs in urban areas starting in 2026.

Impact on stocks 9

Others▲ · 9 stocks
Daoming Optics&Chemical Co Ltd
002632
▲ PositiveTechnologyrelevance

Daoming Optics rose for second consecutive limit-up on active on-device hardware concept, driven by AI phone/glasses trend and regulatory filings for AI services.

Meorient
300795
▲ PositiveTechnologyrelevance

Mio Exhibition hit 20% limit-up on active on-device hardware concept, linked to AI phone/glasses gains and regulatory filings for AI services.

Shenzhen Soling Industrial Co Ltd
002766
▲ PositiveTechnologyrelevance

Soling Shares hit limit-up on smart driving concept, fueled by Huawei executive's comments on autonomous driving iteration and L4 pilot programs.

Sichuan Xichang Electric Power Co Ltd
600505
▲ PositiveDemandrelevance

National Energy Administration data shows June electricity consumption up 3.7% YoY, with charging and internet data services surging, boosting power sector demand.

Off-coverage companies 1

上海誉升同风金属材料科技有限公司Private± Mixed
relevance

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