Today's Market Focus

Foxconn Industrial Internet Co., Ltd. (601138) reported a net profit of RMB 23.74 billion for the first half of 2026, a 95.99% year-on-year increase. Revenue reached RMB 557.861 billion, up 54.63% year-on-year. The company will not distribute cash dividends, bonus shares, or increase share capital through reserves.

Unitree Robotics (688777) announced the results of its IPO on the STAR Market. There are 19,414 winning numbers, with each entitling the holder to purchase 500 shares. The first day of trading is expected soon.

Xingyun Technology (688051) clarified that rumors about its computing equipment being detained by customs are false. All overseas procurement and import clearance processes are compliant, with no delays. The company holds long-term computing power orders valued at approximately RMB 15.082 billion.

Baihua Medicine (600721) has seen its stock price surge 77.07% over six consecutive trading days, hitting the daily limit-up each time. The company issued a risk warning, stating it is a CRO focused on small-molecule chemical generic drugs, not innovative drug R&D. Its Q1 2026 net profit fell by 67.94% year-on-year.

Longsys Electronics (301308) received a commitment letter from China Construction Bank for a special loan facility of up to RMB 720 million to repurchase its shares. The company plans to buy back between RMB 400 million and RMB 800 million worth of shares for equity incentives or employee stock ownership plans.

Zhongji Innolight (300308) announced that its subsidiary, Chengdu Zhihe, will invest RMB 27.45 million to acquire a 90% stake in the Suzhou Ganrong Shengrun Venture Investment Partnership Fund.

China First Heavy Industries (601106) dismissed Lu Wenjun from his roles as director and chairman after he was sentenced for bribery. The decision requires shareholder approval.

Golden Laser (300220) reported that its actual controller, Liang Wei, was sentenced to three years and nine months in prison for manipulating the securities market, with a fine of RMB 12 million. The company's operations remain normal.

ST Yifei (688646) will have its other risk warning removed and will resume trading on August 13 under the name Yifei Laser (688646).

HNA Holding (600221) plans to sell an 80% stake in its subsidiary, HNA Zihuan, for RMB 44.0022 million.

Yuanjie Technology (688498) plans to invest approximately RMB 4.268 billion in a semiconductor technology industrial park project to expand its high-end laser chip production capacity.

Abcam (300261) plans to raise up to RMB 841 million through a private placement to fund several innovative pharmaceutical CDMO projects.

JiuLian Technology (688609) turned profitable in the first half of 2026, posting a net profit of RMB 35.11 million, compared to a loss of RMB 123 million in the same period last year.

Guofeng New Materials (000859) clarified that its optical-grade polyester base film production line for MLCC release film is still in the commissioning stage and not yet in production.

Avary Holding (002938) reported a 77% quarter-on-quarter increase in Q2 net profit. Its AI server business generated nearly RMB 1 billion in revenue, and its optical module business exceeded RMB 600 million.

Beijing Culture (000802) noted that while some films it co-produced debuted in the 2026 summer season, its investment ratio is low, and the impact on earnings is expected to be minimal.

Qiangrui Technology (300534) plans to raise up to RMB 1.05 billion through a private placement for AI server liquid cooling components, high-end semiconductor equipment parts, and headquarters construction.

Operating Results Summary

Longlide (300688) reported a net loss of RMB 3.39 million in H1 2026. Zhou Dasheng (002867) opened 7 new self-operated stores in July with a total investment of RMB 51.75 million. Fuen Shares (603603) posted H1 net profit of RMB 100 million, down 4.76%. Guifaxiang (000820) reported a net loss of RMB 6.93 million in H1. Xiamen Airport (600897) saw passenger throughput of 2.65 million in July, up 0.9%. Great Wall Technology (000066) reported H1 net profit of RMB 142 million, up 3.25%. China Tower (0788) posted H1 net profit of RMB 7.489 billion, up 30.1%. Yuelong Technology (300324) had H1 net profit of RMB 55.12 million, up 4.13%. Heren Technology (300550) reported a net loss of RMB 31.6 million in H1. Yongjin Technology (603995) posted H1 net profit of RMB 360 million, up 17.9%. Dehong Automotive (603701) saw H1 net profit of RMB 12.25 million, up 23.18%. Tonghui Electronics (300728) reported H1 net profit of RMB 32.37 million, up 10.45%. Wanxiang Doneed (600371) posted H1 net profit of RMB 13.8 million, down 44.47%. Xinjiang Natural Gas (600617) reported H1 net profit of RMB 386 million, down 37.95%. Xinli Financial (600318) saw H1 net profit of RMB 30.65 million, up 29.13%. Guomai Culture (300671) turned to a net loss of RMB 40.69 million in H1. Zhongchao Holding (002471) reported a net loss of RMB 12.7 million in H1, turning from profit to loss. Farsoon Technologies (688433) posted H1 net profit of RMB 8.43 million, up 87.09%. Jinxi Axle (600495) reported H1 net profit of RMB 19.78 million, up 42.26%. Jangho Group (601886) saw H1 net profit of RMB 441 million, up 34.34%. Poly Developments (600048) reported contracted sales of RMB 14.923 billion in July, down 17.16%. Guangsha Huaneng (300423) posted H1 net profit of RMB 22.14 million, down 19.81%. Action Education (300627) reported H1 net profit of RMB 172 million, up 30.67%. Dongbai Group (600693) saw H1 net profit of RMB 74.73 million, up 4.44%. Hubei Yihua (000422) posted H1 net profit of RMB 319 million, down 19.94%. Sunner Development (002299) reported July revenue of RMB 2.09 billion, down 1.83%. Global Print (002117) turned to a net profit of RMB 10.73 million in H1. Fuxiang Shares (300497) turned to a net profit of RMB 177 million in H1. Menova (603538) posted H1 net profit of RMB 63.69 million, up 29.83%. Jinyuan Shares (000546) reported a net loss of RMB 236 million in H1, widening from a loss of RMB 50 million last year. Tian Deyu (688252) posted H1 net profit of RMB 138 million, down 9.42%.

Risks and Anomalies

Golden Laser (300220) confirmed its actual controller's sentence. Qiming Information (002232) announced the resignation of its chairman. AECC Aviation Power (600391)'s chairman resigned due to job adjustments. Langbo Technology (300787) found no undisclosed material information. Qingfangcheng (600790) dismissed a deputy general manager. Sinomach Auto (600335) reported its investee company, Xinbang Kechuang, has been accepted for bankruptcy liquidation. First Pharmacy (600833) stated its operations are normal. Yiming Food (605179) noted intense industry competition. ST Yifei (688646) will resume trading on August 13. China Everbright Bank (601818) announced the departure of an executive director. Baihua Medicine (600721) warned of risks after a 77% surge. *ST Chunxing (002547) is involved in a lawsuit over a loan contract dispute. Anhui Construction Engineering (600502) reported a vice president was placed under investigation. China First Heavy Industries (601106) dismissed its chairman.

Share Buybacks and Stake Changes

COSCO Shipping Energy (600026) completed share sales by directors. Ruiang Gene (688217) saw a shareholder's stake drop to 10%. Aima Technology (603529) reported no share sales by a director. Shenglan Technology (300843) initiated its first share buyback. Guizhou Tyre (000589) completed overseas investment filing for a project in Morocco. Zhongchi Holdings (603903) completed a stake transfer. Gongda Acoustics (002655) saw a shareholder increase its stake. Yongjie New Materials (603091) plans for shareholders to reduce stakes. Juhe Materials (300727) plans to invest in a semiconductor materials fund. Dongyangguang (600673) announced a subsidiary capital increase. HNA Holding (600221) plans to sell a subsidiary stake. Kangzhong Medical (688607) completed a share sale by an actual controller. Taiji Industry (600667) terminated a share reduction plan. Sieyuan Information (300687) initiated its first share buyback. Luopute (688002) repurchased and sold shares. Raytron (688002) completed share cancellation. Furida (600223) received regulatory approval for a stake transfer. Basimei (300796) plans to increase investment in a subsidiary. Perfect World (002624) plans to invest in an investment fund.

Major Contracts Signed

New Beiyang (002376) won a procurement project from China Post. Kesen Bio (688526) plans to sign a research agreement with Huazhong Agricultural University. Shuangliang Energy (600481) won a air-cooling EPC project worth RMB 339 million.