Nanjing Securities Co Ltd

Shares of Nanjing Business and Tourism surged to the daily limit just 30 seconds after opening higher on the morning of August 21, securing a second consecutive limit-up session. Earlier, on the evening of August 19, Nanjing Business and Tourism, Nanjing Public Utilities, Nanjing Securities, and several other listed companies announced that the Nanjing State-owned Assets Supervision and Administration Commission had injected equity stakes in certain industrial groups, held by the commission, as capital into Nanjing State-owned Assets Investment Management Holdings Group. The assets injected are valued at nearly 500 billion yuan. Upon completion of the equity injection, Nanjing State-owned Assets Group will become a significant holder of the above listed companies on a look-through basis.

On the evening of August 19, several listed companies on the Shanghai and Shenzhen stock exchanges released important positive announcements. Advanced Micro-Fabrication Equipment plans to invest 3.5 billion yuan to build the second phase of its Lingang industrialization base, and disclosed first-half net profit of 2.825 billion yuan, up 300.22 percent year on year. Nanjing Securities' state-owned assets group will see its indirect shareholding rise from 28.83 percent to 39.11 percent. Sieyuan Information signed a high-performance computing power service sales contract worth 6.45 billion yuan, equivalent to 311.11 percent of its 2025 annual revenue. Hunan Yuneng's first-half net profit was 2.91 billion yuan, up 853.51 percent year on year; Kingsoft Office's first-half net profit was 2.518 billion yuan, up 236.94 percent; Hengli Petrochemical's first-half net profit was 7.206 billion yuan, up 136.25 percent, already surpassing its full-year 2025 level. In addition, Litong Electronics plans to raise no more than 5 billion yuan through a private placement for an intelligent computing center construction project, and Hunan Gold plans to adjust its major asset restructuring and will suspend trading starting August 20.