Huawen Media Investment CorpApplied to revoke delisting risk warning, though other risk warnings remain.
On the evening of July 9, multiple listed companies on the Shanghai and Shenzhen stock exchanges issued important announcements. Hengshang Energy Conservation, citing a significant short-term share price surge, issued a risk warning stating there is irrational speculation and the price could fall rapidly at any time, and disclosed plans to acquire a 100% stake in Jinsheng Electronics, but the target company's business has not ventured into high-value-added areas, and the company faces substantial acquisition integration risks. Three Gorges New Materials plans to jointly invest approximately 2.6 billion yuan with its indirect controlling shareholder to build a Lingang automotive and electronic glass project, with the company's investment no less than 1.04 billion yuan. Zhengbang Technology estimates that asset losses caused by Super Typhoon Maysak may exceed 10% of the company's audited 2025 net profit. Azure Lithium Core plans to invest 290 million US dollars to build a 5 gigawatt-hour cylindrical lithium battery manufacturing project in Indonesia. ST Huawen applied to revoke its delisting risk warning but will continue to implement other risk warnings. Clou Electronics plans to issue shares to its controlling shareholder Midea Group in a private placement to raise no more than 2.5 billion yuan, to repay interest-bearing debt and supplement working capital. ST Yinjiang, along with its controlling shareholder, has been placed on file for investigation by the China Securities Regulatory Commission for suspected illegal information disclosure. Datang Power plans to raise no more than 8 billion yuan through a private placement for multiple power plant expansion and other projects. On the earnings front, GigaDevice expects its first-half net profit attributable to the parent company to be approximately 6.9 billion yuan, a year-on-year increase of about 1,099%, mainly due to rising volumes and prices of memory chip products. Foxconn Industrial Internet expects first-half net profit attributable to the parent company to be between 23.4 billion yuan and 24.4 billion yuan, a year-on-year increase of 93% to 101%, with revenue from AI servers for cloud service providers growing over 230% year-on-year. Zijin Mining expects first-half net profit attributable to the parent company to be approximately 39.1 billion yuan, a year-on-year increase of about 68%. In addition, several companies disclosed share increase or buyback plans: Qingmu Technology plans to buy back shares worth 20 million to 30 million yuan, Shenghang Co., Ltd.'s controlling shareholder plans to increase holdings by no more than 3.24% of total shares, and Bairun Co., Ltd.'s actual controller plans to increase holdings by 50 million to 100 million yuan. Aviation Technology signed a long-term supply agreement for aero-engine rotating parts worth approximately 240 million yuan, and Songjing Co., Ltd. signed a sales contract for battery cell insulation UV inkjet printing equipment worth approximately 30 million yuan.
Huawen Media Investment CorpApplied to revoke delisting risk warning, though other risk warnings remain.
Hubei Sanxia New Building Materials Co LtdPlans to invest up to 1.04 billion yuan in a new automotive and electronic glass project with its indirect controlling shareholder.
Datang International Power Generation Co Ltd Class APlans to raise up to 8 billion yuan via private placement for power plant expansion projects.
Jiangsu Hengshang Energy Conservation Technology Co. Ltd. AIssued risk warning citing irrational speculation and disclosed acquisition risks for Jinsheng Electronics.
GigaDevice Semiconductor(BeijiExpects strong first-half net profit attributable to parent (earnings guidance).
Shenzhen Clou Electronics Co LtdClou Electronics plans to issue shares to Midea Group in a private placement to raise up to 2.5 billion yuan, diluting existing shareholders.
Jiangxi Zhengbang Technology Co LtdZhengbang Technology estimates asset losses from Super Typhoon Maysak may exceed 10% of audited 2025 net profit.
Nanjing Shenghang Shipping Co Ltd
Shaanxi Energy Investment Co Ltd. A
Jiangsu Aucksun Co Ltd
Shanghai Bairun Flavor & Fragrance Co Ltd
Enjoyor
Qingmu Digital Technology Co.Ltd.
Minami Acoustics Ltd. A
Foxconn Industrial Internet Co Ltd
Zijin Mining Group Co Ltd Class A
Guizhou Aviation Technical Development Co Ltd
Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A