Financial results are rolling in as companies reveal their performance for the first half of the year.
Kunlun Tech Co., Ltd. (300418.SZ) released its 2026 semi-annual report, posting revenue of 5.359 billion yuan, up 43.55% year-on-year, with net profit attributable to shareholders reaching 1.088 billion yuan, turning from a loss to a profit. During the reporting period, the company's core business maintained robust growth, with overseas revenue hitting 5.203 billion yuan, a 51.21% increase. The commercialization of its AI technology has accelerated, and revenue from the Tiangong AI business has risen quarter by quarter, becoming a key growth driver.
Eve Energy Co., Ltd. (300014.SZ) achieved total operating revenue of 45.691 billion yuan in the first half, up 62.20% year-on-year, with net profit attributable to shareholders at 3.301 billion yuan, surging 105.66%. Non-GAAP net profit reached 2.451 billion yuan, up 111.89%. Power battery shipments totaled 35.76 GWh, a 66.47% increase, while energy storage battery shipments hit 44.46 GWh, up 54.88%, securing a top-three global ranking. The rapid revenue growth stems from forward-looking technology layouts in large cylindrical and large prismatic cells, with the 46-series already in mass production for BMW's Neue Klasse. Coverage of the top 10 commercial vehicle customers has reached 90%. The 628Ah ultra-large capacity energy storage cells are now in scaled delivery, boosting global market share. Newly built factories are ramping up production quickly, overseas projects are advancing steadily, and the company is entering a new phase of high-quality globalization supported by its hundred-billion-yuan operational platform. Leveraging mature energy storage cell technology, the company is also venturing into the emerging AIDC computing-storage sector, having established a multi-technology synergy system covering hydrogen, lithium, and sodium, offering diversified energy solutions for cabinets, data centers, parks, and station-side applications.
Founder Technology Group Co., Ltd. (600601.SH) posted its 2026 semi-annual report with revenue of 3.7 billion yuan, up 72.89% year-on-year, and net profit attributable to shareholders of 574 million yuan, jumping 232.38%. During the period, the company consolidated its traditional strengths in communication equipment and smart terminals while achieving breakthroughs in high-growth sectors such as AI servers, optical modules, and switches. Autonomous driving, satellite communications, and robotics are now designated as key cultivation areas, driving high-quality development across multiple business dimensions.
Shengshi Technology Co., Ltd. (002990.SZ) reported revenue of 734 million yuan for the first half, up 33.73% year-on-year, with net profit attributable to shareholders at 107 million yuan, soaring 342.91%. The growth is primarily attributed to the new intelligent computing business, which recognized 355 million yuan in revenue during the period. Additionally, the company set aside 26.7705 million yuan in asset impairment provisions, a reduction of 50.5327 million yuan compared to the same period last year, lessening the impact on current-period net profit.
Qihoo 360 Technology Co., Ltd. (601360.SH) published its 2026 semi-annual report, showing revenue of 4.172 billion yuan, up 9.01% year-on-year, with net profit attributable to shareholders of 216 million yuan, turning from a loss to a profit. The company has been continuously iterating its full suite of internet products, enhancing user experience through feature upgrades and refined operations to drive revenue growth. The board proposes a cash dividend of 0.5 yuan per 10 shares (tax inclusive), with no bonus shares and no capital reserve conversion.
Hunan Yuneng New Energy Battery Material Co., Ltd. (301358.SZ) delivered strong results with revenue of 34.877 billion yuan in the first half, up 142.92% year-on-year, and net profit attributable to shareholders at 2.91 billion yuan, skyrocketing 853.51%. In the first half of 2026, steady demand growth in the power battery sector, rapid expansion in energy storage, and emerging demand in new fields collectively boosted the overall market demand for phosphate-based cathode materials, with high-end capacity remaining structurally tight. The company sold 667,200 tons of phosphate-based cathode materials, up 38.77% year-on-year. No cash dividend, bonus shares, or capital reserve conversion is planned.
YTO Express Group Co., Ltd. (600233.SH) released its 2026 semi-annual report, posting revenue of 38.893 billion yuan, up 8.39% year-on-year, with net profit attributable to shareholders at 3.175 billion yuan, up 73.44%. The company plans to distribute a cash dividend of 1.2 yuan per 10 shares (tax inclusive) to all shareholders, with no capital reserve conversion or bonus shares.
Seres Group Co., Ltd. (601127.SH) recorded revenue of 57.493 billion yuan in the first half, with R&D investment reaching 7.007 billion yuan, up 34.8% year-on-year. The AITO brand delivered vehicles with a cumulative year-on-year growth of 10.2% in the first half, as the new-generation AITO M9 and AITO M6 were launched and delivered. Notably, the AITO M9 has been the best-selling model in the 500,000-yuan segment for two consecutive months, and the starting price of the M9 Ultimate version has been raised to 600,000 yuan, with deliveries set to begin soon.
Turning to investments and acquisitions, Honglu Steel Structure Co., Ltd. (002541.SZ) announced that its wholly-owned subsidiary, Anhui Honglu Intelligent Technology Co., Ltd., has signed an investment cooperation agreement with the Guoyang County People's Government to build a Honglu Technology Intelligent Manufacturing Base project with an estimated investment of approximately 1.5 billion yuan, including planned fixed asset investment of 1.128 billion yuan. The project will establish a technology R&D center to produce welding robots, intelligent spraying robots, intelligent transfer robots, CNC laser cutting equipment, key components, and high-end steel structure manufacturing.
Jinbei Automobile Co., Ltd. (600609.SH) plans to have its controlling subsidiary, Jinbei Yanfeng, participate in the public listing process to acquire the 100% equity of Yanfeng Automotive Trim Systems (Shenyang) Co., Ltd. ("Shenyang Subsidiary") from Yanfeng International Automotive Technology Co., Ltd., with a minimum transaction price of 112 million yuan. If the acquisition succeeds, the Shenyang Subsidiary will become a wholly-owned subsidiary of Jinbei Yanfeng, meeting its business expansion needs, advancing customer diversification, and achieving deep integration of the interior business. This transaction constitutes a related-party transaction.
Advanced Micro-Fabrication Equipment Inc. (688012.SH) will have its wholly-owned subsidiary, AMEC Lingang, invest in the construction of the AMEC Lingang Industrialization Base (Phase II) project in the Lingang Special Area, with a total planned investment of 3.5 billion yuan, including 1.7 billion yuan in fixed asset investment. The project focuses on etch equipment, metrology and inspection equipment, and thin-film deposition equipment, with expected annual sales revenue of 3 billion yuan once fully operational.
GD Power Development Co., Ltd. (600795.SH) plans to initiate the acquisition of certain assets from its controlling shareholder, China Energy Investment Corporation, to further reduce and resolve horizontal competition. The acquisition involves equity interests in multiple conventional power generation companies, with a combined operating installed capacity of approximately 320,000 kW and 13.54 million kW under construction or planned. This transaction is a related-party transaction but does not constitute a major asset restructuring, with funds coming from the company's own resources and those of its subsidiaries.
In refinancing news, Jiangsu Lettall Electronic Co., Ltd. (603629.SH) intends to issue A-shares to specific investors, raising no more than 5 billion yuan in total. After deducting issuance costs, the proceeds will be used for an intelligent computing center construction project and working capital replenishment, with 4 billion yuan allocated to the computing center and 1 billion yuan for working capital. The project plans to procure high-performance GPU servers and supporting network equipment to build integrated training-inference computing rental service capabilities.
On the major orders front, Sieyuan Information Technology Co., Ltd. (300687.SZ) has signed two "Computing Power Service Contracts" with Company W, with a service term of 60 months. The company will provide high-performance computing services to Company W during this period. The total contract value, including tax, is 6.45 billion yuan, accounting for 311.11% of the company's audited revenue for 2025. The signing of these contracts represents a key implementation of the company's full-stack AI product system, which includes computing infrastructure, industrial large models, and industry business agents. Deployment, debugging, and delivery are expected to be completed within three months, generating steady monthly operating revenue and positively impacting both current and medium-to-long-term performance.
In share buybacks, Jiangsu Hengrui Pharmaceuticals Co., Ltd. (600276.SH) plans to repurchase A-shares using its own funds through centralized bidding transactions, with a total repurchase amount of no less than 1 billion yuan and no more than 2 billion yuan, at a price not exceeding 81.78 yuan per share. The repurchased shares will be used for an employee stock ownership plan, with the repurchase period set at no more than 12 months from the board's approval date.
Regarding asset disposals, Shanghai Jahwa United Co., Ltd. (600315.SH) plans to sell its 19% stakes in both Sephora Shanghai and Sephora Beijing to Sephora Asia for 70 million euros (approximately 555 million yuan). Upon completion, the company will no longer hold any equity in these two entities, with an expected increase in after-tax investment income of approximately 474 million yuan. The transaction still requires shareholder approval.
Finally, on trading halts, Huayang Group has suspended trading of its shares starting from August 18, as its controlling shareholder is planning a change of control. As the parties are still advancing the work, the company expects that it cannot resume trading on August 20. The stock will remain suspended from August 20, with an expected suspension period of no more than three trading days.