1. Wilmar International announced its 2025 revenue reached 245.126 billion yuan, a year-on-year increase of 2.87%. Net profit attributable to shareholders was 3.153 billion yuan, up 26.01% year-on-year, with basic earnings per share of 0.58 yuan. The company proposed a cash dividend of 2.3 yuan per 10 shares (including tax). During the reporting period, sales volumes of kitchen food, feed ingredients, and oil and fat technology products all increased compared to the previous year.
2. China Northern Rare Earth (Group) High-Tech Co., Ltd. reported 2025 revenue of 42.563 billion yuan, a year-on-year increase of 29.11%. Net profit attributable to shareholders was 2.251 billion yuan, surging 124.17% year-on-year. The company plans to distribute a cash dividend of 0.13 yuan per share (including tax) to all shareholders, with no bonus shares or capital reserve conversion.
3. Industrial Fulian stated that driven by AI-related businesses, the company's operating conditions are expected to improve year-on-year in the first quarter of 2026. Specifically, AI server and switch businesses are anticipated to further enhance overall performance resilience. The GB200 and GB300 models are shipping smoothly, laying a solid foundation for first-quarter growth, while next-generation products are ready for production. Additionally, prototype production for CPO all-optical switches has commenced, and shipments of 800G+ switches continue to grow. Communication and mobile network equipment businesses are generally positive, with new products developed in collaboration with major clients progressing well. For the full year, demand for AI infrastructure is expected to remain strong, and the company's core products will continue to benefit from industry growth. The overall revenue structure will continue to optimize, with stronger growth momentum.
4. San'an Optoelectronics announced that a planned joint acquisition of 100% equity in Lumileds Holding B.V. for $239 million has been terminated. The Committee on Foreign Investment in the United States (CFIUS) determined the transaction posed unresolved national security risks and required withdrawal of the application and abandonment of the deal. As the closing conditions could not be met, the parties voluntarily terminated the transaction. No payment has been made, and the equity transfer has not been completed. The termination does not constitute a breach of contract and is not expected to materially adversely affect the company's financial condition or ongoing operations.
5. Shougang Company reported first-quarter 2026 revenue of 25.078 billion yuan, down 5.65% year-on-year. Net profit attributable to shareholders was 174 million yuan, a decrease of 47.17%, primarily due to a greater decline in sales compared to procurement costs.
6. Green City Water Services announced that its legal representative and Chairman Huang Donghai is under investigation and has been placed in residential surveillance by the Nanning Supervisory Commission. According to the company's articles of association, Director Zhou Bojian has been appointed to act as the legal representative and chairman during Huang's inability to perform his duties. The company stated that daily operations are managed by the executive team, and other directors and supervisors are functioning normally. The matter is not expected to significantly impact production and operations.
7. Pengyao Environmental announced that one of its actual controllers, Wang Hongchun, was sentenced to two years and six months in prison, suspended for the same period, and fined 10.6 million yuan for insider trading. Illegal gains of 5.264 million yuan were confiscated. Wang does not hold a director or executive position, and the ruling is not expected to affect his shareholder rights or the company's standardized management, nor significantly impact production and operations.
8. *ST Huawang announced that the Shanghai Stock Exchange has approved the removal of the delisting risk warning and other risk warnings. The company's stock will be suspended for one day on April 20 and resume trading on April 21 with the warnings lifted. The stock abbreviation will change to "Huawang Co., Ltd.", with the ticker remaining 603007. The daily price fluctuation limit will be adjusted from 5% to 10%. The removal follows the company meeting 2025 revenue targets, resolving non-operational fund occupation issues, improving internal control audit opinions, and eliminating uncertainties regarding its going concern status.
9. Changxin Bochuang announced the termination of its intention to acquire a 93.8108% stake in Shanghai Honghui Guanglian Communication Technology Co., Ltd. Despite multiple rounds of negotiation, the parties failed to agree on core commercial terms, particularly the payment schedule. The counterparty has fully refunded the 1 million yuan intention deposit, and the non-binding letter of intent has been formally terminated. The termination is not expected to impact operating performance or financial condition.
10. Lens Technology announced that Qunxin Investment Consulting Co., Ltd., controlled by its actual controllers, plans to increase its shareholding by no less than 100 million yuan via centralized bidding within six months, expressing confidence in the company's future development and commitment to protecting minority investors.
11. Debon Technology announced that its shareholder, the National Integrated Circuit Industry Investment Fund, plans to reduce its holding by no more than 3% of the company's total shares (approximately 4.2672 million shares) within three months starting 15 trading days after the announcement, due to its own capital arrangements.
12. Kechuan Technology stated that its wholly-owned subsidiary, Kechuan Photonics Technology (Suzhou) Co., Ltd., founded in February 2024, is actively engaged in market development for silicon photonics chips and optical modules but has not yet generated revenue. Optical modules are in the sampling stage with a long validation cycle. Future orders are uncertain, and investors are advised to be cautious.
13. Boyun New Materials announced that its shareholder, Hunan Xiangtou High-Tech Venture Capital Co., Ltd. (High-Tech Venture), reduced its holding by 4.072 million shares (0.71% of total shares) from April 14 to April 16, 2026. Post-transaction, High-Tech Venture holds 4.999993% of shares and is no longer a 5%+ shareholder.
14. Juneyao Group Health Industry issued a risk warning, clarifying that its business does not involve drug or health food R&D, registration, production, or sales. All related bacterial strains and products are ordinary food ingredients or products. Subsidiary Juneyao Runying's AKK bacteria research, focused on metabolism and weight management, is in the early stages of animal and clinical studies. AKK bacteria powder sales currently have a minimal impact on profits. The weight management functional food market is highly competitive, and the future scalability and profitability of AKK-related products remain highly uncertain.
15. Changying Precision reported 2025 revenue of 18.819 billion yuan, up 11.13% year-on-year, but net profit attributable to shareholders fell 22.53% to 598 million yuan. The company plans a cash dividend of 1.2 yuan per 10 shares (including tax). During the period, it delivered approximately 690,000 precision components for humanoid robots, with overseas customers accounting for about 80% of shipments. Revenue from the humanoid robot business reached 100 million yuan. The company remains optimistic about the AI server industry and high-speed communication modules based on copper connections, actively expanding in AI computing power. High-speed connectors and cable assemblies for servers and switches have been sent to leading domestic customers for sampling and validation.
16. Gold Mantis clarified that a memorandum of understanding signed with Vietnam's Sun Group does not involve any specific projects or amounts. The non-binding framework agreement was signed on April 14, 2026. No legally binding formal agreements have been reached, and future cooperation depends on further negotiations and formal agreements.
17. Baolidy issued a stock trading anomaly announcement, noting that while market attention is high on COFs (Covalent Organic Frameworks), its main business remains R&D, production, and sales of chemical fiber masterbatch. The COFs material project at its subsidiary, Yaoke New Materials (Suzhou) Co., Ltd., is currently in the initial stage of commercialization.
Additional stock anomaly warnings include Pengyao Environmental, Qifan Cable, China Electronics Huada Technology, Baoding Technology, Zhuzhou Smelter Group, and ST Yinjiang.
Key company performance summaries include Suzhou Longjie, Red Avenue, Jianmin Group, Guodian Power, Shenneng Energy, China Northern Rare Earth, Tunan Equipment, Boqian New Materials, AVIC UAS, Shouyao Holdings, Wuzhou Special Paper, Chongqing Department Store, Yangjie Electronic Technology, Huibo Petroleum, Haixing Shares, Tongguan Copper Foil, Jufei Optoelectronics, and Zhejiang Southeast Space Frame.
Share repurchase and trading activities include Zhangyu, Boyun New Materials, Chuling Information, Lens Technology, Wangsu Science & Technology, and China Tianying.
Major contract awards include China Nuclear Engineering Group, Chedi Xiangjiang, and Junxin Shares.
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