Hangzhou Zhongheng Electric Co LtdCATL invested 4.1 billion yuan in its controlling shareholder and signed strategic cooperation.
On the evening of August 14, multiple listed companies on the Shanghai and Shenzhen stock exchanges issued announcements covering major matters, half-year results, shareholding changes, and large orders. Keda Manufacturing terminated its purchase of a 51.55 percent stake in Tefu International. Zhongheng Electric's controlling shareholder, Zhongheng Technology Investment, received a capital increase of 4.1 billion yuan from CATL, subscribing to 14.4118 million yuan of new registered capital, and the two sides signed a strategic cooperation agreement. Huashi Technology plans to buy a 30 percent stake in Aoxing Technology for 300 million yuan. Haitong Development's wholly owned subsidiary plans to invest no more than 600 million yuan to build two 62,000 deadweight ton multipurpose heavy-lift vessels. Zhiyang Innovation plans to raise no more than 904 million yuan through a private placement. Fuleide plans to raise no more than 1.176 billion yuan through convertible bonds. In half-year results, Kweichow Moutai posted first-half net profit of 44.517 billion yuan, down 1.95 percent year on year. Satellite Chemical posted net profit of 6.226 billion yuan, up 126.94 percent. Shengyi Technology posted net profit of 3.287 billion yuan, up 130.42 percent. Ping An Bank posted net profit of 25.696 billion yuan, up 3.3 percent, and plans to pay a dividend of 2.49 yuan per 10 shares. China Communications Construction signed new contracts worth 902.949 billion yuan in the first half, down 8.89 percent year on year. In addition, Fuwei Shares received a seat project nomination from a joint-venture brand customer, with an estimated total life-cycle sales value of 2.86 billion yuan. A subsidiary of Shaanxi Construction Engineering won the bid for a 1.156 billion yuan Yunjing Intelligent Computing Center project. A subsidiary of Zhejiang Construction Investment won the bid for a project worth 2.497 billion Hong Kong dollars.
Hangzhou Zhongheng Electric Co LtdCATL invested 4.1 billion yuan in its controlling shareholder and signed strategic cooperation.
Shengyi Technology Co LtdFirst-half net profit up 130.42% year on year.
Keda Clean Energy Co LtdTerminated purchase of a 51.55% stake in Tefu International.
Kweichow Moutai Co LtdFirst-half net profit down 1.95% year on year.
China Communications Construction Co LtdNew contracts worth 902.949 billion yuan in first half, down 8.89% year on year.
Zhiyang Innovation Technology Co. Ltd. APlans to raise no more than 904 million yuan through a private placement.
Ping An Bank Co LtdPing An Bank reported net profit up 3.3% and announced dividend.
Zhejiang Satellite Petrochemical Co LtdSatellite Chemical net profit up 126.94%.
Contemporary Amperex Technology Co Ltd Class ACATL invested in Zhongheng Electric's controlling shareholder, expanding its influence.
Ningxia Younglight Chemicals Co Ltd
Zhejiang Construction Investment Group Co Ltd
State Power Rixin Technology Co. Ltd.
Zhejiang Whyis Technology Co.Ltd.
Ferrotec (Anhui) Technology Development Co. Ltd. A
Colorlight Cloud Tech Ltd. A
Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd
Changchun Faway Automobile Components Co Ltd
Yutong Heavy Industries Co Ltd
Zhejiang Publishing & Media Co LtdHaitong Development's subsidiary plans to invest up to 600 million yuan in new vessels.
CATL invests 4.1 billion yuan in Zhongheng Technology Investment, increasing capital and signing strategic cooperation.