TCL CorpAcquisition of 45% stake in Guangzhou Huaxing approved, will own 100%; subsidiary shows strong profit growth.
On the evening of July 24, several listed companies released positive announcements. CATL disclosed its 2026 semi-annual report, with first-half revenue reaching 276.917 billion yuan, up 54.8 percent year-on-year, and net profit attributable to the parent company of 43.284 billion yuan, up 41.98 percent year-on-year. It also plans to distribute a cash dividend of 14.11 yuan per 10 shares. At the same time, the company announced plans to buy back shares worth 20 billion to 40 billion yuan for cancellation and reduction of registered capital, with a maximum repurchase price of 573 yuan per share. Hikvision reported first-half revenue of 46.823 billion yuan, up 11.97 percent year-on-year, and net profit attributable to the parent company of 7.896 billion yuan, up 39.57 percent year-on-year, and plans to distribute a cash dividend of 5.5 yuan per 10 shares. Lens Technology's wholly-owned subsidiary, Lens International Hong Kong Limited, signed a memorandum of cooperation with Intel, with both parties focusing on TGV advanced packaging as a key discussion area. Sunwoda's subsidiary, Sunwoda Power, plans to introduce Sungrow and Tianqi Lithium Shehong Limited to jointly invest 805 million yuan for a capital increase. After the capital increase, Sunwoda's stake in Sunwoda Power will decrease from 27.18 percent to 26.38 percent, while retaining control. TCL Technology's acquisition of a 45 percent stake in Guangzhou Huaxing Semiconductor was approved by the Shenzhen Stock Exchange. Upon completion, TCL Technology will directly and indirectly hold 100 percent of Guangzhou Huaxing Semiconductor. In the first half, Guangzhou Huaxing Semiconductor achieved revenue of 7.926 billion yuan and net profit of 1.154 billion yuan, up 203.99 percent year-on-year. In addition, Sany Heavy Industry plans to buy back shares worth 400 million to 800 million yuan for an employee stock ownership plan. Rongda Photosensitive plans a private placement to raise no more than 591 million yuan. Dongfang Electronics plans to invest 2.47 billion yuan to build a smart energy innovation industrial park. Xiamen Tungsten plans to invest 26.5174 million yuan to acquire a 1.3483 percent stake in Jiangxi Jutong to enhance tungsten resource security. Dongcai Technology's project with an annual output of 20,000 tons of electronic materials for high-speed communication substrates is in the trial production stage. Demingli's controlling shareholder and chairman, Li Hu, has committed not to reduce his shareholding in the company within 12 months.
TCL CorpAcquisition of 45% stake in Guangzhou Huaxing approved, will own 100%; subsidiary shows strong profit growth.
Hangzhou Hikvision Digital Technology Co LtdReported strong first-half revenue and profit growth, and announced cash dividend.
Lens Technology Co LtdSigned cooperation memorandum with Intel focusing on TGV advanced packaging.
Contemporary Amperex Technology Co Ltd Class AAnnounced share buyback of 20-40 billion yuan for cancellation and strong earnings growth.
Sunwoda ElectronicSubsidiary plans capital increase with Sungrow and Tianqi Lithium; stake dilution but retains control.
Dongfang Electronics Co Ltd
Shenzhen Techwinsemi Technology Co. Ltd.
Shenzhen Rongda Photosensitive & Technology Co Ltd
Sany Heavy Industry Co Ltd
Xiamen Tungsten Co Ltd
Sichuan Em Technology Co Ltd