Today's Key Focus
1. Xingyun Technology: Wholly-owned subsidiary signs 872 million yuan intelligent computing resource lease service contract
Xingyun Technology announced that its wholly-owned subsidiary, Changsha Xiangshuyun Technology Co., Ltd., has signed an "Intelligent Computing Resource Lease Service Contract" with a VE customer. Xiangshuyun will provide computing power services to the VE customer, with a service term of 5 years and a total contract value of 872 million yuan (tax inclusive). Due to the long performance period, revenue will be recognized in installments, and there are risks that both parties may lose the ability to perform due to changes in business conditions or deteriorating financial situations. Currently, the company has completed the procurement of corresponding servers and is in the process of receiving and acceptance inspection, with delivery to the VE customer expected to be completed before September 30, 2026. If the contract is successfully implemented, it is expected to have a certain impact on the company's future operating performance.
2. Huatong Co., Ltd.: Deputy General Manager Zhu Wenwen subject to compulsory measures by public security authorities
Huatong Co., Ltd. announced that on September 23, 2026, the company learned that Deputy General Manager Zhu Wenwen was subjected to compulsory measures by the Jiaojiang Branch of Taizhou Public Security Bureau on September 22. The case is currently under investigation. The company has not received any notification from the public security authorities, and this matter has not caused significant adverse effects on daily operations.
3. E8 Technology: Plans to invest no more than 800 million yuan in the second phase of the Zhuhai board factory project, focusing on medium-to-large batch production of mid-to-high-end PCB products
E8 Technology announced that its wholly-owned subsidiary, Zhuhai E8 Electronics, plans to make a new investment in the second phase of the PCB board factory project. The investment in the second phase of the Zhuhai board factory mainly involves production machinery and equipment. Based on current capacity planning, the newly added total investment is approved at no more than 800 million yuan. The second phase will focus on medium-to-large batch production of mid-to-high-end PCB products, serving customers in high-value-added fields. The combined capacity of the first and second phases will cover the needs of the vast majority of target customers from R&D to large-batch PCB production.
4. Sidike: Plans to invest 1.652 billion yuan in the annual production of 103,000 tons of high-end functional BOPET base film expansion project, with large-scale production of MLCC release film base film and other products
Sidike announced that its board of directors has reviewed and approved a proposal to implement the investment and construction of an annual production project of 103,000 tons of high-end functional BOPET base film expansion through its wholly-owned subsidiary, Jiangsu Xingyuantai New Material Technology Co., Ltd. The total estimated investment for the project is 1.652 billion yuan, with funding sources from self-owned and self-raised funds. The construction site is located in Sihong, Jiangsu. This project will achieve large-scale production of multiple series of high-end functional BOPET base film products, including MLCC release film base film and polarizer release protection film base film. The products are mainly suitable for downstream fields such as microelectronics MLCC manufacturing, special optical devices, precision PCB circuits, smart terminal protection, automotive and building energy-saving window films, and industrial precision protection.
5. Hangyang Co., Ltd.: Plans to invest 50 million yuan to participate in the investment of Xinghuan Juyu, enabling substantive participation in the controlled nuclear fusion field
Hangyang Co., Ltd. announced that it plans to jointly invest in Shanghai Xinghuan Juyu Technology Co., Ltd. (referred to as "Xinghuan Juyu") with Zhejiang Hangqi Power Technology Group Co., Ltd. and other investors. Among them, the company will contribute 50 million yuan to acquire a 0.66% equity stake in Xinghuan Juyu. Through investing in Xinghuan Juyu, the company can substantively participate in the controlled nuclear fusion field, gain in-depth exposure to and research of existing controlled nuclear fusion technology paths, and conduct targeted and experimental technology R&D on key nodes related to the company's business and with commonalities across various technology paths. This will help the company explore new markets and investment opportunities in the nuclear fusion field.
Risk Warning for Stocks with Unusual Movements
Uni-Trend Technology(China)Co.,Ltd.: The frequency coverage range of the company's vector network analyzer (VNA) is up to 9GHz, which does not yet have the testing capability required by the application scenarios described in reports
Share Buybacks and Increases/Decreases in Holdings
1. Jingjia Micro: Plans to repurchase shares worth 130 million to 260 million yuan
2. Biyi Co., Ltd.: Controlling shareholder plans to reduce holdings by no more than 3% of shares
3. Debon Technology: Actual controller and persons acting in concert plan to collectively reduce holdings by no more than 3% of shares
4. VeriSilicon: Executive Vice President Wang Zhiwei plans to reduce holdings of no more than 31,000 company shares
Major Contract Signings
1. Sanxing Electric: Subsidiary signs contract for US data center energy storage oil-immersed transformer project, with a contract amount of approximately 885 million yuan
2. Tongji Technology: Wholly-owned subsidiary jointly wins bid for 810 million yuan commercial housing project
3. River Group: Wholly-owned subsidiary wins bid for 174 million AED curtain wall project
4. Jinshi Yayao: Subsidiary signs 30 million yuan R&D contract for mask coating equipment
This article has been adapted from Tencent Self-Select Stock, edited by Chen Siyu of Zhitong Finance.