Today's Highlights
CATL (300750.SZ) announced a plan to repurchase its A-shares worth between RMB 20 billion and RMB 40 billion using its own funds or self-raised capital, with the shares to be canceled to reduce registered capital. The buyback price cap is RMB 573 per share, and the program will last for 12 months from shareholder approval. This buyback plan, with a total upper limit of RMB 40 billion, surpasses Gree Electric Appliances' 2021 record of RMB 15 billion, making it the largest in A-share history. On the same day, CATL reported its 2026 semi-annual results, with revenue reaching RMB 276.917 billion, up 54.8% year-on-year, and net profit attributable to shareholders at RMB 43.284 billion, a 41.98% increase. The company plans a cash dividend of RMB 14.11 per 10 shares (including tax).
Lens Technology Co., Ltd. (300433.SZ) announced that its wholly-owned subsidiary, Lens International (Hong Kong) Co., Ltd., has signed a Memorandum of Understanding (MoU) with Intel Corporation. The two parties will discuss and evaluate potential cooperation on key processes for glass substrate through-glass via (TGV) formation, high-precision laser processing, metallized via deposition, and multi-layer interconnect wiring. Intel will provide architectural information, Design for Manufacturing (DFM) guidelines, benchmarking methods, and validation approaches. Lens Technology holds long-term technical expertise in TGV precision processing, micro-hole formation, metallization deposition, and multi-layer interconnects, and has built pilot lines for sample trials. Samples have been sent to potential clients, some of whom have passed initial concept verification and are entering technical testing. This MoU helps establish a long-term, stable, and mutually trusting strategic partnership with Intel.
Shenzhen Techwinsemi Technology Co., Ltd. (001309.SZ) announced that its controlling shareholder and chairman, Li Hu, has voluntarily committed not to reduce his holdings in the company for 12 months starting July 27, 2026, to maintain share structure stability and protect small investors' interests. Li Hu currently holds 35.01% of the company's shares.
Cabio Biotech (Wuhan) Co., Ltd. (688089.SH) announced that due to the impact of overseas market sentiment and new regulatory requirements, the company has made adaptive and phased adjustments to its production plan. Product production and sales have not yet fully recovered, and its production and operations have been severely affected, with no expectation of normalization within three months. Consequently, the company's shares will be placed under other risk warnings. Trading was suspended on July 27, 2026, and will resume on July 28, 2026, with the A-share name changed to "ST Cabio." During the risk warning period, the daily price fluctuation limit remains 20%, and the cumulative daily purchase volume per investor is limited to 500,000 shares.
Lancy Co., Ltd. (002612.SZ) announced that its controlling shareholder, Shen Dongri, ended his marriage with Weng Jie on July 23, 2026. As part of the divorce settlement, Shen Dongri transferred 80.4827 million shares (18.19% of total share capital) to Weng Jie. Post-transfer, Shen Dongri's stake drops to 29.63%, but he remains the controlling shareholder. Weng Jie becomes a shareholder with over 5%. Shen Dongri has committed to combining his and Weng Jie's reduction quotas. The company's actual controllers remain Shen Dongri and Shen Jinhua, who together hold 38.38%.
Business Performance
Hangzhou Hikvision Digital Technology Co., Ltd. (002415.SZ) reported a first-half net profit of RMB 7.896 billion, a 39.57% year-on-year increase. The company plans a cash dividend of RMB 5.5 per 10 shares.
Share Buybacks and Stake Changes
Aluminum Corporation of China Limited (Chalco)'s controlling shareholder, Chinalco, secured a special loan of up to RMB 1.8 billion to increase its stake in the company.
Huayou Cobalt received a loan commitment letter from Industrial and Commercial Bank of China for up to RMB 900 million for share repurchases.
Sany Heavy Industry plans to repurchase shares worth between RMB 400 million and RMB 800 million for an A-share employee stock ownership plan.
Rongjie Shares' actual controller, Zhang Changhong, increased his stake by RMB 40.179 million.
BAIC BluePark's controlling shareholder plans to increase its stake by RMB 50 million to RMB 100 million.
Bohai Automotive's indirect controlling shareholder, BAIC Group, plans to increase its stake by RMB 25 million to RMB 50 million.
Taihe Intelligent's controlling shareholder, Sunshine New Energy, plans to increase its stake by 2% to 3% of the company's shares.
Wens Foodstuff Group's actual controller's close relative plans to increase their stake by no less than RMB 10 million.
China Baoan's shareholder plans to increase their stake by no less than 1 million shares.
Novozam's shareholder, Guoshou Chengda, reduced its holdings by 6.3882 million shares between July 22 and July 23.
Other News
Jinguan Co., Ltd. received a warning letter from the Jilin Securities Regulatory Bureau due to inaccurate disclosure of project winning bid amounts.
ST Wenfeng and its controlling shareholder are being investigated by the China Securities Regulatory Commission for suspected violations of information disclosure rules.
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