Shandong Rike Chemical

Tuojing Technology achieved operating revenue of 2.913 billion yuan in the first half of 2026, up 49.06% year on year, with net profit attributable to shareholders of the listed company at 1.343 billion yuan, a surge of 1324.1%. The company also plans to distribute a cash dividend of 3.5 yuan for every 10 shares to all shareholders. Dian Diagnostics posted first-half net profit of 232 million yuan, up 2160.87% year on year; Rike Chemical's net profit was 30.27 million yuan, up 2518.58%. Ping An Insurance achieved net profit attributable to shareholders of the parent company of 92.585 billion yuan in the first half, up 36.1% year on year. Jiangsu Expressway plans to acquire a 100% stake in Suzhou-Wuxi-Changzhou Southern Expressway Company for 7.341 billion yuan in cash. Shenzhen Keda said its storage equipment business made a breakthrough, securing new orders of about 57.926 million yuan from a well-known North American HDD storage manufacturer in the first half.

Rike Chemical disclosed a merger and acquisition plan, proposing to acquire a 70.75% stake in Shandong Genyuan New Materials, a leading electrolyte additive manufacturer, through a combination of share issuance and cash payment, along with raising supporting funds. The issue price is 7.50 yuan per share. The transaction is expected to constitute a major asset restructuring but not a restructuring and listing. Trading in the company's shares will resume on July 13. Genyuan New Materials is a leading domestic manufacturer of vinylene carbonate, or VC, and has established strategic partnerships with CATL and BYD. In April this year, its 30,000-tonne-per-year VC production line was put into operation, with subsequent capacity of 70,000 tonnes to be released in phases. Total capacity is expected to reach 120,000 tonnes by the end of 2026. For 2024, 2025, and the first three months of 2026, Genyuan New Materials reported operating revenues of 1.511 billion yuan, 1.711 billion yuan, and 965 million yuan respectively, with net profits attributable to the parent company of negative 216 million yuan, negative 243 million yuan, and 134 million yuan, marking a business turnaround in 2026. On the industry front, China's lithium battery electrolyte additive shipments grew 50.6 percent year-on-year in 2025. Following the implementation of new national standards, the VC addition ratio has risen to 8 to 10 percent, coupled with rapid growth in energy storage demand. Meanwhile, supply is constrained by long expansion cycles for hazardous chemical production and an investment of 800 million to 1 billion yuan per 10,000 tonnes of capacity. VC spot prices have risen to 150,000 yuan per tonne. Rike Chemical stated that after the acquisition, it will add new energy electrolyte material operations, improve its strategic emerging industry layout, and enhance its risk resilience.

On the evening of July 10, multiple listed companies on the Shanghai and Shenzhen stock exchanges released important announcements. Lifecome Biochemistry clarified that it has no brain-computer interface related businesses or products. Tuojing Technology plans to acquire 82.97% of Wuxi Shangji, 100% of Shanghai Taina Micro, and 100% of Wuxi Kuanxing through a combination of share issuance and cash payment, along with a配套 fundraising, and its shares will resume trading on July 13. Linewell Software has been placed under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws. Wu Yizhong, the actual controller, chairman, and general manager of Tianyuan Intelligent, has been released from detention. The controlling shareholder of Dynamic Power is set to change to Hongmian Sci-Tech Innovation, with shares resuming trading on the 13th. Rike Chemical plans to acquire 70.75% of Genyuan New Materials, adding new energy battery electrolyte material business, and its shares will resume trading on the 13th. CGN Nuclear Technology plans to raise between 850 million and 1.25 billion yuan through a private placement to its controlling shareholder. Shaanxi Blower Power plans to acquire the remaining 36.06% stake in Qinfeng Gas, with shares resuming trading on the 13th. FiberHome Telecommunication plans to raise no more than 2.913 billion yuan through a private placement and intends to acquire 60% of Fujikura FiberHome for 500 million yuan. China Merchants Energy Shipping plans to spend no more than 1.51 billion yuan to build one bulk carrier and four container ships. The wholly-owned subsidiary of LUSTER LightTech plans to sell no more than 334,800 shares of Zhipu. In terms of performance, CITIC Securities expects its first-half net profit to increase by 69.59% year-on-year, Shannon Semiconductor expects an increase of 2,117.54% to 2,434.34%, and China Vanke expects a loss of 12 billion to 15 billion yuan. A controlling subsidiary of Dongyangguang has signed a computing power service contract worth 13 billion to 15 billion yuan. Monalisa has received a commitment letter for a special repurchase loan of no more than 90 million yuan from a financial institution.