iSoftStone Information Technology (Group) Co. Ltd.

On the evening of August 7, multiple listed companies on the Shanghai and Shenzhen stock exchanges released positive announcements. Biwin Storage's holding subsidiary, Guangdong Core Harmony, plans to introduce external investors through a capital increase and share expansion. The total financing for this round will not exceed 600 million yuan, with external investors collectively acquiring no more than 23.0769 percent equity. After the capital increase, the company's shareholding will be no less than 52.5186 percent. Green Power plans to have its holding subsidiary invest in the construction of a 460-megawatt wind power project in Tianjin, with a total dynamic investment of approximately 2.475 billion yuan and a capital financial internal rate of return of about 19.24 percent. Focuslight Technologies plans to raise no more than 1.021 billion yuan through a private placement for projects including high-end optical interconnect core optical components. iSoftStone signed an agreement with Shijiazhuang Tiedao University and China Railway Construction Digital Intelligence Technology to jointly build an AI plus railway embodied intelligence common technology pilot base. Chaoying Electronics plans to invest 2.086 billion yuan to build a high-multilayer and HDI printed circuit board P3 project. Chinalin Securities plans to acquire a total of 94 percent equity in HNA Futures through a 202 million yuan agreement transfer, and will gain control after the transaction. Cambricon achieved operating revenue of 5.996 billion yuan in the first half of 2026, up 108.13 percent year-on-year, with net profit of 2.311 billion yuan, up 122.61 percent year-on-year. China Rare Earth reported net profit of 237 million yuan for the first half, up 46.53 percent year-on-year. China State Construction's controlling shareholder, China State Construction Engineering Corporation, received a shareholding increase loan support of no more than 900 million yuan from the Beijing branch of Industrial and Commercial Bank of China. TGOOD received a special stock repurchase loan commitment of no more than 540 million yuan from the Qingdao branch of Industrial and Commercial Bank of China. Zhejiang Shibao plans to raise no more than 1.394 billion yuan through a private placement for projects including the industrialization of automotive steer-by-wire systems.

iSoftStone announced that as of July 31, 2026, the company had repurchased 4.29 million shares, accounting for 0.41% of total share capital. The repurchase price ranged from 34.89 yuan to 39.5 yuan per share, with a total transaction amount of 158 million yuan. In the first quarter of 2026, iSoftStone achieved revenue of 8.117 billion yuan and a net loss attributable to the parent company of 350 million yuan.

SigmaStar Technology surged by the daily limit up in early trading on July 20 after a sharp increase in its earnings forecast. The company expects net profit for the first half of 2026 to be between 820 million and 900 million yuan, representing year-on-year growth of 583.72 percent to 650.42 percent. Second-quarter net profit is projected to rise by 172.73 percent to 209.09 percent quarter-on-quarter, mainly driven by the large-scale deployment of edge-side AI applications. Meanwhile, Moonshot AI released a new generation open-source model, Kimi K3, with a parameter scale of 2.8 trillion, making it the first open-source model to surpass 2 trillion parameters and topping the Arena AI code evaluation leaderboard. This marks the first time a Chinese large model has claimed the top spot. Kimi's annual recurring revenue has exceeded 300 million US dollars, and the company's pre-money valuation for a new funding round has risen to 31.5 billion US dollars, more than six times higher than the Series C round in December 2025, with a Hong Kong listing potentially completed within six months. Institutions believe that domestic large models are driving a shift in AI applications toward subscription models, offering huge commercial value. China's AI large model market was approximately 29.4 billion yuan in 2024 and is expected to exceed 70 billion yuan by 2026. According to statistics from Securities Times Data Treasure, AI large model concept stocks have fallen by an average of 21.15 percent this year, but six stocks including Maxvision Technology have gained over 20 percent. Institutions forecast that eight concept stocks, including iSoftStone and ThunderSoft, are likely to achieve net profit growth of over 30 percent in both this year and next.

The 2026 World Artificial Intelligence Conference took place in Shanghai from July 17 to 20, with a number of Shenzhen-listed companies showcasing end-to-end AI breakthroughs spanning technology to application. As a strategic partner of the conference, iFlytek presented the evolution of AI from an autonomous and controllable foundation to real-world deployment under the theme of liberating productivity and unleashing imagination. Ruijie Networks focused on AI underlying infrastructure, highlighting capabilities in high-speed switching, lossless networking, optical interconnects, and intelligent operations. iSoftStone exhibited benchmark AI cases across multiple industries, covering core achievements such as Token Factory, agent platforms, AI Factory solutions, intelligent computing servers, AI workstations, AIPC, embodied intelligent robots, and physical AI systems. Wonders Information centered on the integration of AI with livelihood scenarios, showcasing innovative practices in four major directions: AI plus health management, AI plus medical services, AI plus regulatory governance, and AI plus smart livelihood.

Shenzhen-listed companies intensively disclosed buyback and shareholding increase plans in July, totaling 54 plans for the month, with a combined cap exceeding 7.6 billion yuan, surpassing the monthly average of the first half. Among them, there were 33 buyback plans with a total cap of 6.038 billion yuan, and 21 shareholding increase plans with a total cap of 1.609 billion yuan. LiuGong plans to use up to 400 million yuan of its own funds to buy back shares for cancellation, while Tianshan Aluminum and iSoftStone both plan to use up to 300 million yuan to buy back shares for equity incentives or employee stock ownership plans. The actual controller of Bairun intends to increase shareholding by up to 100 million yuan, and Aisidi and Honglin Electric both disclosed shareholding increase plans of up to 40 million yuan.

iSoftStone announced that its actual controller and chairman, Liu Tianwen, has proposed the company use its own funds to repurchase shares through centralized competitive trading. The total buyback amount will be between 150 million and 300 million yuan, and the repurchased shares will be used for employee stock ownership plans or equity incentives.