Overview of listed company good news on the evening of February 12( with list)

Several listed companies in the Shanghai and Shenzhen markets released important announcements on the evening of February 12. Below is a summary of the positive news:

Hanbo High-Tech: Shareholder company XinDongjin plans to acquire assets to expand into the wet electronic chemicals industry

Hanbo High-Tech (301321) announced on February 12 that its affiliate XinDongjin intends to acquire a 70% stake in the special purpose company (SPV) jointly invested by Dongjin Semichem Co., Ltd. (referred to as “Korea Dongjin”) and its wholly owned subsidiary Dongjin Global Holdings Limited (“Hong Kong Dongjin”; collectively called “Dongjin”). The core of this transaction is that Dongjin will establish the SPV by contributing 100% equity in nine target companies within China and 100% ownership of 24 patents held by Korea Dongjin in China, or a 50% stake in some patents. Afterward, XinDongjin will acquire 70% of the target company’s equity for $142.1 million. Through this acquisition, XinDongjin will directly obtain mature technology, scaled production capacity, stable customer resources, and localized advantages in the wet electronic chemicals industry, quickly overcoming technical and market barriers in this field, and significantly enhancing its R&D, production capacity, and market competitiveness in core products such as stripping and etching solutions, laying a solid foundation for industry upgrades.

Jingrui Electric Materials: Plans to invest 600 million yuan to build a key materials supporting integrated circuit manufacturing industry chain base in the western region

Jingrui Electric Materials (300655) announced on February 12 that it plans to invest in Sichuan Pengshan Economic Development Zone to build a comprehensive base for supporting key materials in the integrated circuit manufacturing industry chain in the western region. The project includes an annual production of 200,000 tons of ultra-high purity electronic-grade and industrial-grade supporting sulfuric acid, a 220,000-ton steam production project, a 30,000-ton ultra-pure electronic-grade hydrogen peroxide project, and a waste acid regeneration and recycling project supporting the integrated circuit industry. The total planned investment is 600 million yuan, with fixed assets investment of 350 million yuan.

Xiechuang Data: Plans to purchase servers from multiple suppliers with a total amount not exceeding 11 billion yuan

Xiechuang Data (300857) announced on February 12 that the company and/or its subsidiaries plan to purchase servers from multiple suppliers and sign related procurement contracts, with the total amount not exceeding 11 billion yuan. The servers will mainly be used to provide cloud computing services for customers.

ChenZhan Optoelectronics: Plans to increase capital by 650 million yuan and build an overseas intelligent manufacturing base

ChenZhan Optoelectronics (003019) announced on February 12 that it plans to raise 650 million yuan (or equivalent foreign currency) from its own funds or other sources to increase capital in its wholly owned subsidiary Hong Kong ChenZhan. After the capital increase, Hong Kong ChenZhan will further increase its capital in Thailand’s ChenZhan by an equivalent amount. The funds will be used to build an overseas intelligent manufacturing base in Thailand to enhance the company’s overseas production capacity, including but not limited to construction investment and equipment investment.

Weitang Industrial: Signs strategic cooperation framework agreement with Amphenol

Weitang Industrial (300707) announced on February 12 that it signed a “Strategic Cooperation Framework Agreement” with Amphenol (Changzhou) Connection Systems Co., Ltd. (“Amphenol”) on February 12, 2026. Both parties and their affiliates have strengths in automotive and other fields. They aim to complement each other’s advantages, develop collaboratively, focus on product development, manufacturing, and market customer service, strengthen communication, explore cooperation models, and jointly enhance market competitiveness for mutual development.

Kangnenbei: Some drugs of subsidiaries to continue procurement after national centralized procurement agreement expires

Kangnenbei (600572) announced on February 12 that its subsidiaries, Hangzhou Kangnenbei Pharmaceutical Co., Ltd. and Zhejiang Jinhua Kangnenbei Biopharmaceutical Co., Ltd., applied for continued procurement of drugs after the expiration of the first to eighth batches of national centralized procurement agreements. The drugs include hydrochlorothiazide sustained-release capsules, piperacillin sodium injection, pantoprazole sodium enteric-coated tablets, among others. The procurement cycle for the selected drugs will be from the implementation date of the selection results until December 31, 2028. The total sales revenue from these 11 drugs in 2024 is expected to be 385 million yuan, accounting for 5.91% of the company’s 2024 operating revenue of 6.515 billion yuan.

Shenghong Technology: 1.6T optical module PCB has achieved industrialization

Shenghong Technology stated on February 12 on the interactive platform that its 1.6T optical module PCB has been industrialized, and the company has established cooperation with some leading domestic and international companies in this field.

Huapei Power: Plans to purchase 100% equity of Meichuang Zhigan, stock suspension from February 13

Huapei Power (603121) announced on February 12 that it plans to acquire 100% equity of Meichuang Zhigan (Wuxi) Technology Co., Ltd. held by Wuxi Shengyi Industrial Investment Partnership (Limited Partnership) through issuing convertible bonds and cash payments, and to raise supporting funds by issuing shares to no more than 35 specific investors. The transaction is expected to constitute a related-party transaction and a major asset restructuring but not a reorganization. The company’s A-shares will be suspended from trading starting February 13, 2026, for no more than 10 trading days.

Haisi Ke: Plans to jointly invest in establishing Haisi Biotech and Haisi Xinyuan

Haisi Ke (002653) announced on February 12 that it plans to jointly invest 97 million yuan with Hailikes (Chengdu) Pharmaceutical Technology Co., Ltd. (“Hailikes”) to establish Haisi Biotech Co., Ltd. (“Haisi Biotech”). The focus will be on ADC (antibody-drug conjugates), In Vivo CART (chimeric antigen receptor T-cell therapy), and other cutting-edge directions. The company also plans to invest 48.5 million yuan with Hailikes to establish Haisi Xinyuan Pharmaceutical Technology Co., Ltd. (“Haisi Xinyuan”), focusing on research in small nucleic acid drugs and next-generation technologies. These subsidiaries will focus on R&D, industrialization, and commercialization of innovative biopharmaceuticals, aiming to build a comprehensive industry chain covering drug discovery, clinical research, large-scale production, and market access, creating a competitive biopharmaceutical innovation platform.

Paryi Co.: Signs project technical cooperation agreement to develop large-capacity power semiconductor devices

Paryi Co. (300831) announced on February 12 that on February 11, it signed a “Project Technical Cooperation Agreement” with a university, planning to jointly develop technology in the field of large-capacity power semiconductor devices, including production, sales, and promotion. The agreement does not specify any specific financial terms.

Penghui Energy: Plans to invest in battery and cell production projects with a total investment of 3.3 billion yuan

Penghui Energy (300438) announced on February 12 that it plans to invest 1.2 billion yuan in the Zhuzhou Yicheng District to build a 587Ah battery and 120Ah battery production project. It also plans to invest 2.1 billion yuan in Zhengyang County, Henan Province, to establish a 120Ah cell production project.

Horizon Space: Provides chips for GW-A2 constellation

Horizon Space stated on February 12 on the interactive platform that it supplied chips for the GW-A2 constellation but is unsure of the specific use in the launch mission. The company’s Q1 2026 operations are not yet concluded, and the impact of the launch cannot be estimated at this time.

Sanhua Intelligent Controls: Actively expanding liquid-cooled server business

Sanhua Intelligent Controls (002050) said on February 12 that its valves, pumps, heat exchangers, and related components can be used in liquid-cooled servers, with similar technical origins. The company is actively expanding its liquid-cooled server business and continues to promote cooperation with related enterprises.

Youkeshu: Controlling shareholder plans to increase holdings; stock abbreviation to change to “Xingyun Technology” from tomorrow

Youkeshu (300209) announced on February 12 that its actual controller and director, Wang Wei, plans to increase holdings within six months, with a minimum of 50 million yuan and a maximum of 100 million yuan. The company’s stock abbreviation will change from “Youkeshu” to “Xingyun Technology,” effective February 13, 2026.

Quzhou Development: Controlling shareholder proposes to buy back shares with 100 million to 200 million yuan

Quzhou Development (600208) announced on February 12 that its controlling shareholder, Quzhou Zhibao Enterprise Management Partnership, proposed to repurchase some A-shares through centralized bidding, with a total amount not less than 100 million yuan and not more than 200 million yuan. The company will use its own funds to buy back shares via the Shanghai Stock Exchange trading system.

Haite Group: Shareholder Hainan Expressway plans to increase holdings by 40 to 50 million yuan

Haite Group (603069) announced on February 12 that shareholder Hainan Expressway plans to increase holdings via centralized bidding using bank credit and own funds, with an amount not less than 40 million yuan and not more than 50 million yuan. Hainan Expressway has obtained a loan commitment letter from Industrial Bank’s Haikou branch, promising up to 45 million yuan support, covering up to 90% of the proposed increase.

Kaiying Network: Receives special stock repurchase loan commitment letter from financial institution

Kaiying Network (002517) announced on February 12 that it received a loan commitment letter from CITIC Bank Shanghai Branch, with a maximum loan amount of 180 million yuan, a three-year term, and the purpose limited to stock repurchase.

Trina Solar: Pre-qualification for 137 million yuan EPC project

Trina Solar (300001) announced on February 12 that it was pre-qualified as the successful bidder for the EPC general contracting of the 1.37 billion yuan Turpan Tokkson 1 million kW wind power project, including the 220kV booster station.

Zhiguang Electric: Subsidiary receives 210 million yuan energy storage equipment order

Zhiguang Electric (002169) announced on February 12 that its controlling subsidiary, Guangzhou Zhiguang Energy Storage Technology Co., Ltd., recently signed a purchase contract worth 210 million yuan with China Power Construction Group Hebei Electric Power Survey and Design Institute Co., Ltd., for energy storage equipment.