Jiangsu Rainbow Heavy Industries Co Ltd

Yuanjie Technology announced plans to invest approximately 4.268 billion yuan in the construction of the Yuanjie Semiconductor Technology Industrial Park project. This is one of the major announcements this evening. In addition, New Beiyang won the bid for the mail processing center equipment procurement project. Keqian Bio plans to sign a cooperative research and development agreement with Huazhong Agricultural University. Baicheng Pharma's sitagliptin metformin extended-release tablets were selected in the national centralized drug procurement. Shuangliang Energy won the bid for a 339 million yuan air-cooling EPC project. Runbang Heavy Industry's subsidiary signed a sales contract for six live fish transport vessels with a total value of approximately 2.8 billion to 3.3 billion yuan. Holike's wholly-owned subsidiary plans to invest 50 million yuan to subscribe for fund shares. HNA Holding's controlling subsidiary plans to sell 80 percent equity in HNA Resources and Environment. Dongyangguang's controlling subsidiary plans to increase capital and expand shares to introduce investors. Yaben Chemical plans to raise no more than 841 million yuan through a private placement for a pilot project producing 35 tons of high-end pharmaceutical intermediates annually. Qiangrui Technology plans to raise no more than 1.05 billion yuan through a private placement for a high-end semiconductor equipment precision components production and manufacturing project.

Unitree Technology disclosed the online lottery results for its initial public offering, with a total of 19,414 winning numbers, each entitling the holder to subscribe for 500 A-shares. Yuanjie Technology plans to invest approximately 4.268 billion yuan in building a semiconductor technology industrial park to expand production capacity for high-end laser chips. Pengding Holdings released its semi-annual report, with second-quarter net profit up 77 percent quarter-on-quarter, and both AI server and optical module businesses achieving substantial growth. Foxconn Industrial Internet reported first-half net profit of 23.74 billion yuan, up 95.99 percent year-on-year, with AI server product shipments rising significantly. Runbang Corporation's subsidiary signed a sales contract for six live fish transport vessels, with a total value of approximately 2.8 billion to 3.3 billion yuan.

Rainbow Heavy Industries wholly-owned subsidiary Rainbow Ocean has signed a shipbuilding contract with a well-known European shipowner to build six 4,500-cubic-meter live fish carriers, with a total contract value of approximately 2.8 billion to 3.3 billion yuan. According to the announcement, the vessels will be delivered in batches starting from the 29th month after the contract takes effect, and the contract will become effective upon satisfaction of conditions including the builder's receipt of the buyer's first payment. The company noted that the contract involves a long execution cycle and large amount, and there are risks of non-performance, exchange rate fluctuations, and uncertainty as it has not yet formally taken effect. Rainbow Heavy Industries is mainly engaged in high-end equipment business, with products covering more than 50 countries and regions. Its current ship orders on hand include platform supply vessels, chemical tankers, and other vessel types, and it expects some ship orders to be finalized in the third quarter.