Zhejiang JIULI Hi-tech Metals Co Ltd

ExxonMobil and its partners have awarded approximately $1.1 billion in contracts for long-lead equipment and early work on Mozambique's Rovuma LNG Phase 1 project, marking another major step toward a final investment decision. The awards cover subsea production systems, large-bore valves and several types of offshore line pipe required to develop the Area 4 gas resources offshore Cabo Delgado. The largest contract was awarded to OneSubsea UK and OneSubsea AS for engineering, procurement and manufacturing of subsea production systems, controls and umbilicals, with Aker Solutions Mozambique supporting work carried out in the country. Other contracts went to Advanced Technology Valve for production valves, Corinth Pipeworks and Sumitomo Corporation of America for line pipe, and China's Zhejiang Jiuli Hi-Tech Metals for mechanically lined pipe and related equipment. Rovuma LNG is designed to develop offshore gas reserves in Mozambique's Area 4 and supply an onshore liquefaction complex with planned capacity of 18.6 million tonnes per year, which would make it one of the larger new LNG export developments under consideration globally.

On the evening of July 21, multiple listed companies on the Shanghai and Shenzhen exchanges disclosed announcements including semi-annual earnings forecasts, buyback and share increase plans, and major contracts. Yuanjie Technology expects first-half net profit to rise by 1,196.91% to 1,304.98% year-on-year. Zhongyi Technology forecasts an increase of 879.55% to 1,075.46%. Feinan Resources projects growth of 245.36% to 314.43%. Jin Yang Precision anticipates a rise of 138.8% to 180.33%. Yaokang Bio expects an increase of 46.67% to 60.78%. Tengjing Technology forecasts growth of 31.19% to 42.12%. Guangqi Technology, however, expects a decline of 5.64% to 24.3%. Leshan Electric Power's net profit fell 12.9% year-on-year. Mingxing Electric Power dropped 27.91%. CloudWalk Technology narrowed its loss by 62.3% to 69.84% year-on-year. In terms of buybacks, Sungrow Power's chairman proposed a buyback of 500 million to 1 billion yuan. Putailai plans to buy back 200 million to 300 million yuan. Jiuli Special Materials intends to repurchase 200 million to 400 million yuan. Xinghui Environmental Materials and Gao Neng Environment both plan buybacks of 100 million to 200 million yuan. Guangdong Mingzhu's chairman proposed a buyback of 100 million to 150 million yuan. Weichai Power's controlling shareholder plans to increase its A-share holdings by 200 million to 400 million yuan. Hunan Haili's controlling shareholder intends to increase holdings by 85 million to 170 million yuan. Among major contracts, Tianshun Wind Energy signed a crude oil tanker construction contract worth approximately 1.874 billion yuan. Pinggao Electric won bids totaling about 1.818 billion yuan for State Grid procurement projects. A subsidiary of Kanghui Corporation signed a computing power service contract with an estimated total value of 415 million to 679 million yuan. Additionally, GigaDevice plans to use 500 million yuan of raised funds to increase capital in Zhuhai Xincun for a DRAM project. JinkoSolar changed the use of 29.7213 million repurchased shares and will cancel them. Wuzhou Medical intends to acquire 100% equity in Xuanzhi Technology to enter the motor control chip sector. ST Dongjing will have its delisting risk warning removed starting July 23.

Zhejiang Jiuli Special Materials Technology Co., Ltd.'s actual controller Zhou Zhijiang's concert party Huzhou Yimutian Enterprise Management Co., Ltd. increased its shareholding in the company by 629,100 shares through centralized competitive bidding on July 15, 2026, accounting for 0.06% of the company's total share capital. The average transaction price was 17.477 yuan, with a total transaction amount of approximately 10.995 million yuan. Yimutian is 100% owned by Zhou Zhijiang. Before the increase, it held 1.2 million shares, and after the increase, its shareholding rose to 1.8291 million shares, representing 0.19% of the company's total share capital. Following the completion of the increase, the combined shareholding ratio of the actual controller and concert parties rose from 39.42% to 39.48%, which does not trigger a mandatory tender offer and will not lead to a change in the company's control. The company stated that the increase was based on recognition of its long-term development strategy, and the increasing party has committed not to reduce its holdings within the statutory period.