This article provides a summary of significant corporate announcements and trading actions for July 1, 2026.
Trading Halts and Resumptions
Several companies have announced trading suspensions. ST Tongmai (ASX: 603559), *ST Jinke (ASX: 000656), and *ST Baoshi (ASX: 000595) will have their shares halted from trading.
Conversely, trading will resume for a number of firms. These include Hengshang Energy Conservation (ASX: 603137), ST Xingnong (ASX: 603789), Yunzhong Technology (ASX: 688260), Ai Ai Jinggong (ASX: 603580), Dasheng Culture (ASX: 600892), and Yazhen Home Furnishing (ASX: 603389).
Major Corporate Developments
Yisheng Co., Ltd. (ASX: 002458) has released its preliminary first-half results for 2026, forecasting a substantial surge in net profit. The company expects net profit attributable to shareholders to reach between 270 million and 300 million yuan, representing a staggering year-on-year increase of 4,286.61% to 4,774.01%. This dramatic growth is attributed to a favorable market climate in the white-feather broiler industry, leading to increased volumes and prices for its core business, thereby significantly boosting overall profitability.
Hengshang Energy Conservation (ASX: 603137) is making a strategic move into the storage sector. The company plans to acquire 100% equity of Shenzhen Jinsheng Electronic Technology Co., Ltd. through a combination of share issuance and cash payment, alongside a fundraising effort. Jinsheng Electronic specializes in the R&D, design, manufacturing, and sales of memory products. This acquisition, following the company's stock resumption, marks its entry into the storage industry to cultivate a second growth pillar.
Sf Diamond Co., Ltd. (ASX: 300179) has disclosed a plan for a private placement of A-shares. The offering aims to raise no more than 2 billion yuan, with the net proceeds intended to fund a diamond drill bit industrialization project and supplement working capital.
Preliminary Financial Results
Zhejiang Yongtai Technology Co., Ltd. (ASX: 002326) anticipates strong first-half 2026 performance. It forecasts net profit attributable to shareholders in the range of 265 million to 330 million yuan, a year-on-year rise of 350.68% to 461.22%. The growth is driven by robust demand in the new energy vehicle and energy storage markets, leading to higher sales volumes and prices for key lithium battery materials like lithium hexafluorophosphate, LiFSI, VC, and electrolyte. The recent ramp-up of new VC production capacity has also contributed to expanding revenue and improving operational efficiency.
Yto Express Group Co., Ltd. (ASX: 600233) has issued a positive earnings forecast. For the first half of 2026, the company expects net profit attributable to parent company owners to be between 3.1 billion and 3.4 billion yuan, representing a year-on-year increase of 69.34% to 85.73%.
Guangdong Shaoneng Group Co.,Ltd. (ASX: 000601) projects its first-half 2026 net profit attributable to shareholders will be between 155 million and 195 million yuan, marking an increase of 61.62% to 103.33% compared to the same period last year. The improvement is credited to enhanced operational results in its clean and renewable energy business through various efficiency measures. The company is also advancing integrated energy projects and sees growth in its precision manufacturing segment, while its paper products business has reduced losses.
Jonjee Hi-Tech Industrial And Commercial Holding Co.,Ltd. (ASX: 600872) expects its first-half 2026 net profit attributable to shareholders to reach between 390 million and 430 million yuan, a year-on-year growth of 51.84% to 67.41%. This rapid profit expansion is driven by strong sales volume in its core condiment business, improved gross margins from optimized supply chain management and economies of scale, and meticulous cost control leading to a steady decline in the expense ratio.
Private Placements and Restructurings
Nexwise Intelligence China Limited (ASX: 301248) has announced a plan for a private placement of A-shares, aiming to raise up to 1.965 billion yuan. The net proceeds are earmarked for an intelligent computing cloud service center construction project, an AI+ security equipment R&D and industrialization project, and to supplement working capital.
Toyou Feiji Electronics Co.,Ltd. (ASX: 300302) has disclosed a private placement plan to raise no more than 999.83 million yuan. The funds will be used for an enterprise-level storage system and SSD R&D center project tailored for AI scenarios, an enterprise-level storage system and SSD intelligent manufacturing project, a marketing experience center project, and to supplement working capital.
Significant Corporate Announcements
*ST Jinke (ASX: 000656) and *ST Baoshi (ASX: 000595) have both received approval from the Shenzhen Stock Exchange to have their delisting risk warnings and other risk alerts removed. Their shares will be halted on July 1, 2026, and resume trading on July 2 with the warnings removed. Their stock abbreviations will change to "Jinke Shares" and "Baota Industrial," respectively, and their daily price fluctuation limits will be restored to 10%.
Shenyang Xingqi Pharmaceutical Co.,Ltd. (ASX: 300573) plans to use its own funds and a special loan for share buybacks to repurchase company shares for cancellation and capital reduction. The total repurchase amount will be between 80 million and 100 million yuan, with a price not exceeding 58 yuan per share. The company has secured a loan commitment of up to 90 million yuan for this purpose.
Kuang-Chi Technologies Co.,Ltd. (ASX: 002625) intends to use its own funds to repurchase a portion of its A-shares via centralized bidding to safeguard company value and shareholder interests. The repurchase amount is set between 50 million and 100 million yuan, with a price cap of 54.88 yuan per share.
Suzhou Anjie Technology Co.,Ltd. (ASX: 002635) announced that its wholly-owned subsidiary plans to acquire a 51% stake in Suzhou Zhifeng Mimu Powder Metallurgy Co., Ltd. for a total consideration not exceeding 255 million yuan. Suzhou Zhifeng specializes in Metal Injection Molding (MIM) and primarily supplies products for optical communication, new energy vehicles, and high-end medical fields. This acquisition will allow Anjie Tech to enter the optical module business, expand its MIM product applications, and cultivate new profit growth areas.
Yangling Metron New Material Co.,Ltd. (ASX: 300861) has invested 300 million yuan in a financial stake, acquiring a 5.729% shareholding in Longteng Semiconductor Co., Ltd. Longteng Semiconductor focuses on the R&D, design, and manufacturing of power semiconductor devices. Meichang stated this is a financial investment and does not signify an entry into the power semiconductor or chip sectors, with no immediate business transformation plans.
Shenzhen China Bicycle Company(Holdings)Co.,Ltd. (ASX: 000017) clarified in a stock trading volatility announcement that its current primary business is gold and jewelry, which accounts for over 99% of total revenue. The bicycle and other businesses now constitute less than 1%, and the company is no longer engaged in lithium battery material operations.
Shenzhen Laibao Hi-Tech Co.,Ltd. (ASX: 002106) stated in a volatility announcement that its glass-based panel-level substrate product is currently only in the pre-research stage, has not been commercialized, and does not yet have industrial production conditions. The company highlighted the uncertainties in the R&D progress of this new technology and advised investors to assess risks objectively.
Chengdu Road & Bridge Engineering Co.,Ltd. (ASX: 002628) announced that its wholly-owned subsidiary received approval for the safety facility design of a fluorite mine construction project. It noted that the project has not yet commenced construction or begun formal mining operations.
Shenzhen Kaifa Technology Co.,Ltd. (ASX: 000021) clarified in a volatility announcement that its semiconductor packaging and testing business focuses on high-end memory chips. While it is continuously monitoring industry trends, its HBM technology is still in the R&D phase and is not expected to generate related sales revenue or profit in the short term.
Sunsea Aiot Technology Co.,Ltd. (ASX: 002313) announced that its controlling shareholder will transfer 16.67% of its shares to Zhuhai Kechuang Haike Investment Co., Ltd. ("KeChuang Haike") free of charge, pending final agreements and procedures. Following this transfer, KeChuang Haike will become the new controlling shareholder, while the actual controller remains the Zhuhai SASAC. The company stated this equity transfer is not expected to have a material impact on its production and operations.
Jinneng Holding Shanxi Electric Power Co.,Ltd. (ASX: 000767) plans to use its own funds to establish a subsidiary in Datong, Shanxi, to invest in and construct the Tashan Phase III 2×1000MW coal-fired power project. The project, with an estimated total investment of 7.831 billion yuan, has received regulatory approval and is scheduled to start construction in November 2026, with grid connection targeted for April 2029.
Haisco Pharmaceutical Group Co.,Ltd. (ASX: 002653) received government subsidies totaling 66 million yuan on June 30, 2026, equivalent to 25.43% of its 2025 audited net profit.
Jilin Chemical Fibre Stock Co.,Ltd. (ASX: 000420) announced the resignations of its Chairman Song Dewu, Director An Min, and Deputy General Manager Li Kui. The board has appointed Director Jin Dongjie as acting chairman to perform the chairman's duties until a new chairman is elected.
Hebei Huijin Group Co.,Ltd. (ASX: 300368) announced the resignation of its Chairman Mao Shiquan. The controlling shareholder has recommended Wang Zijie as a candidate for non-independent director.
Sichuan Gold (ASX: 001373) announced it did not successfully bid for the exploration rights of a gold-copper mine in Xinjiang at an auction that concluded on June 29, 2026.
Sinomine Resource Group Co.,Ltd. (ASX: 002738) announced temporary maintenance shutdowns for two of its lithium salt production lines, starting June 30 and July 11, 2026, due to a temporary mismatch in the transportation cycle of its self-produced spodumene concentrate and production scheduling. The maintenance is expected to be completed by the end of July 2026. While lithium salt output may dip short-term, the company expects its full-year production and sales volume will not be materially adversely affected, given strong downstream demand and plans to resume production once concentrate arrives.
Zhejiang Yonghe Refrigerant Co.,Ltd. (ASX: 605020) plans to invest approximately 1.914 billion yuan through a subsidiary to construct a fluorine materials and pilot base project. This move aims to enhance its high-end fluorine material industry layout, enrich its high-value product portfolio, and strengthen its core competitiveness and sustainable development capabilities.
Suzhou Gyz Electronic Technology Co.,Ltd. (ASX: 688260) announced the completion of a trading halt verification. The company clarified that its current mass-produced MLCC products are mainly used in consumer electronics and are not applied in AI computing servers, nor has it obtained customer certification or bulk supply orders for AI servers. Additionally, a proposed project for high-performance MLCC production by a subsidiary is subject to shareholder approval and carries implementation uncertainties.
Advanced Micro-Fabrication Equipment Inc. China (ASX: 688012) announced that its wholly-owned subsidiary plans to invest up to 1.47 billion yuan as a limited partner in a new venture capital fund with a target size of 3 billion yuan. The fund will focus on investments in semiconductors, pan-semiconductors, and strategic emerging industries.
CRRC Corporation Limited (ASX: 601766) announced that it and its subsidiaries have recently signed several significant contracts totaling approximately 51.64 billion yuan. This amount represents about 18.9% of the company's 2025 operating revenue under Chinese accounting standards.
ST Tongmai (ASX: 603559) will have its shares halted on July 1, 2026, and will resume trading on July 2 with the removal of its other risk warning. Its A-share abbreviation will change to "Zhong Tong Guo Mai," and its daily price fluctuation limit will be restored to 10%.
Chengdu Olymvax Biopharmaceuticals Inc. (ASX: 688319) received government subsidies totaling 3.6245 million yuan on June 29, 2026, all classified as income-related subsidies, accounting for 16.55% of its most recent audited annual net profit.
Hangzhou Toka Ink Co.,Ltd. (ASX: 688571) recently received a third relocation compensation payment of 77.79266 million yuan. To date, the company has received cumulative compensation of 194.48165 million yuan. This is expected to have no material impact on its 2026 performance.
Pci Technology Group Co.,Ltd. (ASX: 600728) has received cash dividends totaling 80 million yuan from its wholly-owned subsidiaries. These dividends will increase the parent company's 2026 net profit but will not affect the consolidated net profit for the year.
Arctech Solar Holding Co.,Ltd. (ASX: 688408) recently received government subsidies of 5 million yuan, classified as income-related, representing 49.49% of the absolute value of its most recent audited annual net profit.
Shareholder Transactions
Tonghua Golden-Horse Pharmaceutical Industry Co., Ltd. (ASX: 000766) announced that its Chairman and General Manager, Zhang Yufu, plans to increase his shareholding within the next six months. The planned increase amounts to between 10 million and 20 million yuan.
Hunan Yujing Machinery Co.,Ltd. (ASX: 002943) announced that its actual controller, Director, and General Manager, Yang Jiawei, plans to increase his shareholding within the next six months. The planned increase amounts to between 5 million and 10 million yuan.
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