Hairong Technology signs with Hema; Yuntianhua accelerates phosphogypsum-to-acid project

Corporate ActionM&A · Partnership
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Summary · why it matters

Hairong Technology has signed a long-term strategic cooperation agreement with Hema China and others, while Yuntianhua says it will speed up the construction of its phosphogypsum-to-acid project. Hairong Technology agreed to use 130 million yuan of its own funds to acquire a 55 percent stake in Tanghe Food held by Tangdou Technology, with the cooperation period running until December 31, 2030. Yuntianhua stated that accelerating the phosphogypsum-to-acid project can partially reduce reliance on external sulfur purchases and strengthen its independent sulfur resource security capability. In addition, Sanhuan Group plans to repurchase no less than 500 million yuan and no more than 1 billion yuan of its own shares, while TGOOD plans to repurchase no less than 300 million yuan and no more than 600 million yuan of its own shares. A wholly owned subsidiary of Soling Industrial has signed an electronic equipment supply contract with Mitsubishi Heavy Industries worth approximately 130 million US dollars, accounting for 120 percent of the company's audited 2025 annual revenue.

Impact on stocks 6

Energy Transition & Power Demand · 1 stocks
Others · 5 stocks
Shenzhen Soling Industrial Co Ltd
002766
▲ PositiveDemandrelevance

Wholly owned subsidiary signed a $130M electronic equipment supply contract with Mitsubishi Heavy Industries, representing 120% of 2025 revenue.

Yunnan Yuntianhua Co Ltd
600096
▲ PositiveSupplyrelevance

Accelerating phosphogypsum-to-acid project reduces reliance on external sulfur purchases and strengthens sulfur resource security.

Off-coverage companies 1

盒马鲜生Private± Mixed
relevance