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Shanghai Securities Morning Brief: Xietong Data's half-year net profit up 331%, multiple companies disclose results and tariff refunds
The August 14 Shanghai Securities Morning Brief focuses on a range of company updates and industry information. Xietong Data released its 2026 half-year performance flash report, achieving total operating revenue of 12.641 billion yuan, up 155.69% year on year, and net profit attributable to shareholders of the listed company of 1.863 billion yuan, up 331.11% year on year. Honghe Technology achieved operating revenue of 1.048 billion yuan, up 90.39% year on year, and net profit of 379 million yuan, up 334.32% year on year. G-bits achieved operating revenue of 3.727 billion yuan, up 48.01% year on year, and net profit attributable to the parent company of 1.092 billion yuan, up 69.31% year on year, and plans to distribute a cash dividend of 100 yuan for every 10 shares to all shareholders. Shanghai Jahwa's wholly owned overseas subsidiary received US tariff refunds and interest of 4.6636 million US dollars, equivalent to approximately 32.322 million yuan, accounting for 12.08% of the company's most recent audited net profit. Rongjie Health's controlled subsidiary received US tariff refunds of 7.252 million US dollars, which is expected to affect the company's net profit attributable to the parent company by 17.9599 million yuan, accounting for 24% of the company's most recent audited net profit. In addition, Senior Technology Material plans to acquire 73.4806% equity in Bangci Electronics for 242 million yuan in cash, and Jifeng Auto Parts' controlled subsidiary has been designated for a passenger car seat assembly project by a major original equipment manufacturer, with an expected total lifecycle value of 2.12 billion yuan.
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Summary of Major Announcements by Shanghai and Shenzhen Listed Companies on the Evening of August 13
On the evening of August 13, multiple listed companies on the Shanghai and Shenzhen stock exchanges released important announcements. Unitree Technology's online investors abandoned subscription for 8,734 shares, which were fully underwritten by the sponsor. Honghe Technology terminated its investment in a project to produce 72 million meters of high-performance electronic-grade fiberglass cloth annually, while also disclosing that first-half net profit grew 334.32% year on year. Longcheer Technology plans to acquire 80% equity in Anruike for 1.12 billion yuan. Bohai Chemical plans to acquire 51% to 80% of shares in Gerui New Materials to enter the modified plastics sector. Joyson Electronics' controlling subsidiary plans to introduce a total capital increase of 1.5 billion yuan from Xingyin Investment and Zhongyou Investment. SMIC reported second-quarter sales revenue of 3 billion US dollars, up 20% quarter on quarter. Hygon Information Technology posted first-half net profit of 1.798 billion yuan, up 49.69% year on year. China Mobile reported first-half net profit of 78.934 billion yuan, down 6.3% year on year, and plans to distribute 25.1 yuan per 10 shares. G-bits Network Technology saw first-half net profit rise 69.31% year on year and plans to distribute 100 yuan per 10 shares. Xiechuang Data Technology's preliminary results showed first-half net profit of 1.863 billion yuan, up 331.11% year on year. Gao Neng Environment and its subsidiary jointly secured a 500 million yuan solid waste treatment project in Vietnam. Jifeng Auto Parts received a nomination for a passenger car seat assembly project, with an estimated total life-cycle value of 2.12 billion yuan.
于上述业务·13dRead more ▾
Xiechuang Data Plans to Use Up to 7 Billion Yuan of Own Funds for Entrusted Wealth Management
Xiechuang Data announced that the company and its subsidiaries plan to use a total maximum amount of no more than 7 billion yuan of their own funds for entrusted wealth management, of which up to 6 billion yuan will be used for agreement deposits. The quota is valid from the date of approval at the seventh extraordinary general meeting of shareholders in 2026 until the date of the 2026 annual general meeting of shareholders.
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Jiangnan New Materials plans private placement to raise 1.6 billion yuan; Bee Assistant subsidiary signs computing power deals exceeding 7.6 billion yuan
On the evening of August 4, several listed companies disclosed significant announcements. Jiangnan New Materials plans to issue shares to no more than 35 specific investors, raising total funds not exceeding 1.6 billion yuan, for a high-purity electronic-grade copper oxide powder construction project and a liquid cooling module and accessories construction project. Bee Assistant's wholly-owned subsidiary, Ya'an Cloud Computing, signed a computing power server procurement agreement with a total value of 3,062,452,800 yuan, and also signed a computing power service contract with Company B worth a total of 4,608,000,000 yuan. The service period runs from August 5, 2026 to August 4, 2031, with an expected average annual net profit of 60 to 72 million yuan. Hangya Technology expects its net profit attributable to shareholders of the listed company for the first half of 2026 to be between 50 million and 55 million yuan, a year-on-year decrease of 10.15% to 18.32%, but second-quarter net profit increased by 49.56% to 74.51% quarter-on-quarter. Xiechuang Data and its subsidiaries plan to use their own funds, with a maximum total balance not exceeding 7 billion yuan, for entrusted wealth management, of which no more than 6 billion yuan will be used for agreement deposits. In addition, Changjiang Securities plans to repurchase shares at a price not exceeding 14.01 yuan per share, with a repurchase amount of no less than 100 million yuan and no more than 200 million yuan, for employee stock ownership plans or equity incentives.
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Semiconductors▲
Yuntianhua Plans 1.857 Billion Yuan Investment in High-End Copolymer Formaldehyde Resin Project
Yuntianhua's wholly-owned subsidiary, Tianju New Materials, plans to invest 1.857 billion yuan to build a 100,000-ton-per-year high-end copolymer formaldehyde resin project in Changshou District, Chongqing. Kweichow Moutai announced that starting from midnight on July 18, 2026, the retail price of Feitian 53% vol 500ml Kweichow Moutai 2026 on the iMoutai platform will be raised from 1,539 yuan per bottle to 1,639 yuan per bottle, and the sales contract price will be raised from 1,269 yuan per bottle to 1,369 yuan per bottle. Zhao Long, the actual controller, chairman, and general manager of Huichen Co., Ltd., has been criminally detained by public security authorities on suspicion of illegal disclosure or non-disclosure of important information. Several companies disclosed their semi-annual performance forecasts, among which Zhiwei Intelligent's net profit increased by 281.92% year-on-year, Xiechuang Data expects net profit to increase by 247.18% to 339.76% year-on-year, and Eoptolink expects net profit to increase by 77.56% to 102.93% year-on-year. TCL Zhonghuan plans to invest approximately 11.96 billion yuan through a controlling subsidiary to build a semiconductor large silicon wafer project for integrated circuits in Shenzhen, and Huike Co., Ltd. plans to invest 4 billion yuan to establish a wholly-owned subsidiary to carry out advanced packaging and testing projects. ST Wenfeng and its controlling shareholder have been placed on file for investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws and regulations.
为自有资金·39dRead more ▾