Hubei Huitian New Materials

Huitian New Materials announced that its wholly-owned subsidiary Yicheng Huitian plans to invest approximately 126 million yuan of self-raised funds to build a project with an annual production capacity of 72,000 tonnes of lithium battery electrode adhesive (PAA). The construction period is about 12 months. The project aims to meet the rapidly growing market demand for adhesives used in lithium batteries and to consolidate the company's market position in the field of anode adhesives for lithium batteries.

On the evening of July 15, several listed companies released positive announcements. Biwin Storage expects to achieve a net profit attributable to owners of the parent company of 7 billion to 7.5 billion yuan for the first half of 2026, turning around from a loss in the same period last year. Konfoong Materials International forecasts a net profit attributable to the parent company of 480 million to 560 million yuan for the first half of 2026, representing a year-on-year increase of 89.99 percent to 121.65 percent. Great Power Energy and Technology expects a net profit attributable to the parent company of 800 million to 866 million yuan for the first half of 2026, swinging from a loss to a profit. Dapu Microelectronics anticipates a net profit attributable to the parent company of 1.2 billion to 1.35 billion yuan for the first half of 2026, also turning around from a loss. In addition, Shijia Photonics plans to raise no more than 2.8 billion yuan through a private placement for projects including the construction of high-speed AWG chip and optical interconnect component production capacity. China Jushi plans to invest 2.405 billion yuan to build a production line with an annual output of 250 million meters of electronic fabric. China XD Electric intends to participate in establishing Chongqing XD Electric Switchgear Company to implement a smart factory project. Canqin Technology plans to raise no more than 851 million yuan through a private placement for projects such as the industrialization of advanced ceramic packaging. A subsidiary of Huitian New Materials plans to invest 126 million yuan to build a project with an annual output of 72,000 tons of lithium battery electrode adhesive. Fengxing Co. plans to purchase a 25 percent stake in Baiyin Huaxin for 147.5 million yuan to implement transformation and upgrading. The chairman of Zhongchuang Zhiling has proposed a share buyback of 300 million to 400 million yuan. Heshun Electric has won a bid for a mobile energy storage power service project from CNPC Technical Service, with an estimated contract value of 141 million yuan. A wholly-owned subsidiary of Xianfeng Holdings plans to establish a joint venture to lay out the PCB business. Jingce Electronic intends to acquire a 41.17 percent stake in Shanghai Jingce and will resume trading on the 16th.