Henan Shenhuo Coal & Power Co LtdFirst-half net profit up 151.06% year-on-year
On the evening of July 27, multiple listed companies on the Shanghai and Shenzhen exchanges released announcements. Orient Securities plans to acquire 100% equity of Shanghai Securities for 25.12 billion yuan, with share consideration of 23.55 billion yuan and cash consideration of 1.57 billion yuan. Guotai Junan Securities has been approved to publicly issue corporate bonds to professional investors totaling no more than 80 billion yuan. China Energy Engineering Corporation signed new contracts worth 513.188 billion yuan in the first half of the year, down 33.81% year-on-year; PowerChina signed new contracts worth 619.893 billion yuan in the first half, down 9.73% year-on-year. Shenhuo Coal Industry and Power reported first-half net profit of 4.781 billion yuan, up 151.06% year-on-year; Dongfang Precision reported first-half net profit of 3.846 billion yuan, up 867.75% year-on-year, and plans to distribute a cash dividend of 2 yuan per 10 shares. Foxconn Industrial Internet plans to repurchase shares worth 1 billion to 2 billion yuan, and iFlytek plans to repurchase shares worth 100 million to 200 million yuan. A controlled subsidiary of Changxin Bochuang signed a long-term cooperation agreement for the sale of optical fiber and cable worth approximately 4.5 billion yuan. In addition, ST Hengxin has been placed under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws, and a controlled subsidiary of Beingmate has suspended production due to typhoon and rainstorm, with some assets suffering losses.
Henan Shenhuo Coal & Power Co LtdFirst-half net profit up 151.06% year-on-year
Iflytek Co LtdPlans to repurchase shares worth 100 million to 200 million yuan
Beingmate Baby & Child Food Co LtdControlled subsidiary suspended production due to typhoon and rainstorm, with some assets suffering losses
Guangdong Dongfang Precision Science & Technology Co LtdFirst-half net profit up 867.75% year-on-year and plans cash dividend
Hengxin Mobile BusinessUnder investigation by CSRC for suspected violations of information disclosure laws
Orient Sec Co LtdOrient Securities plans to acquire 100% equity of Shanghai Securities for 25.12 billion yuan, a major M&A deal.
Foxconn Industrial Internet Co LtdFoxconn Industrial Internet plans to repurchase shares worth 1 billion to 2 billion yuan.
Guotai Junan Securities Co LtdGuotai Junan Securities has been approved to publicly issue corporate bonds totaling no more than 80 billion yuan.
Power Construction Corp of China LtdPowerChina signed new contracts worth 619.893 billion yuan in the first half, down 9.73% year-on-year.
China Energy Engineering Corp LtdChina Energy Engineering Corporation signed new contracts worth 513.188 billion yuan in the first half, down 33.81% year-on-year.
Broadex Technologies Co Ltd
Zhejiang Tongxing Technology Co. Ltd. AOrient Securities plans to acquire 100% equity of Shanghai Securities for 25.12 billion yuan