TCL Zhonghuan Renewable Energy Technology Co LtdTCL Zhonghuan plans to invest ~11.96 billion yuan in semiconductor large silicon wafer project
On the evening of July 17, several listed companies on the Shanghai and Shenzhen exchanges released significant positive announcements. Hunan Yuneng plans to invest approximately 24 billion yuan in a mining-integrated new energy battery materials circular industry project in Weng'an, Guizhou, focusing on lithium iron phosphate and the upstream supply chain, with a total construction period expected to be five years. TCL Zhonghuan plans to invest about 11.96 billion yuan through a subsidiary to build a semiconductor large silicon wafer project for integrated circuits in Shenzhen. Guoke Micro intends to raise no more than 5.061 billion yuan through a private placement for the research and industrialization of next-generation AI vision processing chips and other projects. Ananda's wholly-owned subsidiary plans to invest 3.298 billion yuan to build an integrated project with an annual output of 300,000 tons of battery-grade iron phosphate. China Shipbuilding Gas reported a net profit attributable to the parent company of 348 million yuan for the first half of the year, up 95.63 percent year-on-year. Huarui Precision expects a net profit attributable to the parent company of between 210 million and 250 million yuan for the first half, an increase of 145.73 percent to 192.54 percent year-on-year. Lingyi iTech has raised the total amount for its share buyback to between 400 million and 800 million yuan. In addition, Baose Corporation plans to invest 970 million yuan in a high-end over-limit equipment intelligent manufacturing project, Pan Asian Microvent Tech intends to acquire a 54.089 percent stake in Tianyuan Electric to gain control, Guangyang Corporation has signed a strategic cooperation framework agreement with Pangu Power, and Huike Corporation plans to invest 4 billion yuan to establish a subsidiary for an advanced packaging and testing project.
TCL Zhonghuan Renewable Energy Technology Co LtdTCL Zhonghuan plans to invest ~11.96 billion yuan in semiconductor large silicon wafer project
AnHui Annada Titanium Industry Co LtdAnanda's subsidiary plans to invest 3.298 billion yuan in battery-grade iron phosphate project
Lingyi iTech Guangdong CoIncreased share buyback amount to 400-800 million yuan.
Nanjing Baose Co LtdPlans to invest 970 million yuan in high-end equipment manufacturing project.
Goke Microelectronics Co LtdPlans private placement to raise up to 5.061 billion yuan for AI vision processing chips.
Hunan Yuneng New Energy Battery Material Co. Ltd. APlans 24 billion yuan investment in new energy battery materials project.
Zhuzhou Huarui Precision Cutting Tools Co LtdHuarui Precision expects net profit up 145.73%-192.54% YoY in H1
Peric Special Gases Co. Ltd. AChina Shipbuilding Gas (Peric Special Gases) reported net profit up 95.63% YoY in H1
Pan Asian Microvent Tech (Jiangsu) Corp. APan Asian Microvent Tech intends to acquire 54.089% stake in Tianyuan Electric to gain control
Changzhou NRB CorpPlans to invest 4 billion yuan (project mentioned in article).