HCR Co Ltd

HCR Co., Ltd. released its 2026 half-year report on August 26. First-half operating revenue was 207 million yuan, up 2.6 percent year on year, but net profit attributable to the parent swung from a loss of 32.03 million yuan a year earlier to a loss of 59.83 million yuan. Net profit attributable to the parent after deducting non-recurring items also widened from a loss of 34.38 million yuan to a loss of 63.53 million yuan. In the second quarter, revenue was 102 million yuan, down 18.4 percent year on year, and the net loss attributable to the parent was 32.27 million yuan, wider than the loss of 14.37 million yuan in the same period last year. As of the end of the second quarter, total assets were 996 million yuan, down 4.1 percent from the end of the previous year, and net assets attributable to the parent were 711 million yuan, down 2.8 percent. The company said its business remained stable with modest improvement and it continued to push forward its all-in-AI strategy, but net profit was under pressure due to factors including equity incentives and credit impairment losses. Net operating cash flow rose 152.5 percent year on year, helped by procurement payment management and cost control.

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.

Zhao Long, the actual controller, chairman, and general manager of HuiChen Shares, has been criminally detained by the Haidian Branch of the Beijing Public Security Bureau on suspicion of illegally disclosing or failing to disclose important information. The company was informed by Zhao Long's family on July 16, 2026, that the public security authorities issued a detention notice that day, and the case is still under investigation. The company stated that it has properly arranged relevant work, the board of directors and senior management team are performing their duties normally, and daily operations are running as usual. As of now, the company has not received any assistance investigation or investigation documents from the public security authorities. In the first quarter, HuiChen Shares reported total operating revenue of 105 million yuan, a year-on-year increase of 36.48%, and a net loss attributable to the parent company of 27.5587 million yuan, a year-on-year decline of 56.08%. As of the close on July 17, HuiChen Shares traded at 34.33 yuan per share, down 9.78%.

On the evening of July 17, multiple listed companies on the Shanghai and Shenzhen stock exchanges issued important announcements. Goke Microelectronics plans to raise no more than 5.061 billion yuan through a private placement for projects including a next-generation AI vision processing chip. TCL Zhonghuan intends to invest approximately 11.96 billion yuan to build a semiconductor large silicon wafer project for integrated circuits in Shenzhen. Huike Electronics invested 4 billion yuan to establish a subsidiary to advance advanced packaging and testing projects, with the first phase planning to build advanced packaging and testing for 12-inch hybrid chips, reaching a monthly capacity of 20 million units upon full production. Hainan Airlines plans to purchase 40 A320NEO series aircraft from Airbus, with a total transaction amount not exceeding 5.36 billion US dollars. Air China and its subsidiary Shenzhen Airlines will jointly purchase 55 aircraft from Airbus, with a list price of approximately 12.44 billion US dollars. Hunan Yuneng plans to invest about 24 billion yuan in a mining-integrated new energy battery material circular industry project in Weng'an, Guizhou, with an estimated total construction period of five years. Additionally, several companies disclosed earnings forecasts. China Shipbuilding Special Gas reported a net profit of 348 million yuan for the first half of the year, up 95.63 percent year-on-year. Zhiwei Intelligent reported a net profit of 388 million yuan for the first half, up 281.92 percent year-on-year. Jiejia Weichuang expects its first-half net profit to decline by 73.23 percent to 80.22 percent year-on-year. Huichen Information's actual controller, chairman, and general manager Zhao Long was subjected to criminal coercive measures for suspected illegal disclosure or non-disclosure of important information. ST Wenfeng and its controlling shareholder were placed on file for investigation by the China Securities Regulatory Commission for suspected illegal information disclosure.

HCR Co., Ltd. announced that its actual controller, chairman, and general manager Zhao Long has been criminally detained by the Haidian Branch of the Beijing Municipal Public Security Bureau on suspicion of the crime of illegal disclosure or non-disclosure of important information. The company stated that it has made proper arrangements for related work, daily operations are normal, and all tasks are proceeding in an orderly manner.