March 25 Evening Listed Company Positive News Overview(Attached List)

Several listed companies in the Shanghai and Shenzhen markets released important announcements on the evening of March 25. Here is a summary of the positive news:

Yahua Group: Signs a five-year spodumene concentrate procurement agreement

Yahua Group (002497) announced on March 25 that it recently signed a “Purchase and Sale Agreement” with MGLIT EMPREENDIMENTOS LTDA (referred to as “MGLIT” or “Seller”). Yahua will purchase spodumene concentrate from MGLIT for five years after stable production begins. The seller is expected to sell and deliver at least 120,000 dry metric tons of spodumene concentrate annually. The signing of this agreement will secure multiple resource channels for the company’s lithium salt product production.

Xiamen Tungsten: Plans to acquire part of Jiangxi Jutong’s equity to increase tungsten self-sufficiency

Xiamen Tungsten (600549) announced on March 25 that to ensure upstream tungsten raw material supply and improve resource self-sufficiency, the company plans to acquire part of Jiangxi Jutong Industrial Co., Ltd. (referred to as “Jiangxi Jutong”). Recently, the company signed a tripartite “Cooperation Agreement” with Fujian Industrial Holding Group Co., Ltd. (“Provincial Industrial Holding”) and Jiangxi Tungsten Holding Group Co., Ltd. (“Jiangxi Tungsten”). Provincial Industrial Holding agrees to transfer part of its equity in Jiangxi Jutong to the company and Jiangxi Tungsten. The company intends to acquire 30.17% of Jiangxi Jutong from Provincial Industrial Holding, with final ownership based on the formal “Equity Transfer Agreement.” The transaction price is based on an asset valuation report valuing Jiangxi Jutong’s total equity at approximately 1.966 billion yuan, subject to final approval by Fujian State-owned Assets Supervision and Administration Commission.

Hengtong Co.: Wholly owned subsidiary plans to invest up to 500 million yuan in a composite foil project

Hengtong Co. (600226) announced on March 25 that its wholly owned subsidiary, Hengtong Precision Copper Foil Technology (Deyang) Co., Ltd. (“Hengtong Copper Foil”), plans to build a high-end precision composite foil transformation project in Jingyang District, Deyang City, Sichuan Province. The project will be managed by Deyang Economic Development Zone Tongheng Commercial Management Co., Ltd., a wholly owned subsidiary of Hengtong Copper Foil. Once fully operational, the project is expected to produce 45 million square meters of high-end copper-aluminum composite foil annually. The total investment is expected not to exceed 500 million yuan.

Nanya New Materials: Net profit expected to grow 337.6% in 2025; proposes a 10-for-3.2 dividend

Nanya New Materials (688519) disclosed its annual report on March 25, projecting revenue of 5.228 billion yuan in 2025, up 55.52% year-over-year; net profit attributable to shareholders of 240 million yuan, up 337.6%; basic earnings per share of 1.07 yuan. The company plans to distribute a cash dividend of 3.2 yuan per 10 shares (tax included). During the reporting period, the company’s 800Gbps high-speed material NOUYA8U completed core customer approvals, including Huawei, and achieved mass production, becoming a leading supplier of copper-clad laminates for AI computing power in China. The technology for M6-M8 AI server materials continued to optimize, further increasing market share, with significant industrialization efficiency, driving performance growth.

Jinli Permanent Magnet: Net profit expected to grow 142.44% in 2025; proposes a 10-for-2.2 dividend

Jinli Permanent Magnet (300748) released its annual report on March 25, estimating 2025 revenue of 7.718 billion yuan, up 14.11%; net profit of 706 million yuan, up 142.44%; basic earnings per share of 0.52 yuan. The company proposes to distribute a cash dividend of 2.2 yuan per 10 shares (tax included) to all shareholders.

Huaneng Science & Technology: Signs a 740 million yuan EPC contract for offshore wind farm project

Huaneng Science & Technology (601226) announced on March 25 that it, together with China Power Construction Group Fujian Electric Power Survey and Design Institute Co., Ltd., signed an EPC contract for the Chang Le offshore wind farm project in the D and E zones, with a contract value of about 740 million yuan (tax included). The company’s responsibility accounts for 693 million yuan (tax included). The company will provide foundations for 10 wind turbines rated at 18-25 MW, featuring compatibility with ultra-high power units, adaptation to complex deep-sea conditions and typhoons, integrated EPC implementation, customized testing site design, and autonomous technological control.

Robotech: Wholly owned subsidiary signs approximately 600 million yuan in operational contracts

Robotech (300757) announced on March 25 that its wholly owned subsidiary, FiconTEC and its subsidiaries, signed major daily operational contracts with a Nasdaq-listed company F and its subsidiaries, totaling approximately 600 million yuan from March 19 to March 25, 2026. These contracts involve mass production equipment and services for pluggable silicon photonics, accounting for over 54.23% of the company’s 2024 revenue.

Trina Solar: Plans to establish a joint venture to enhance photovoltaic energy system solutions

Trina Solar (688599) announced on March 25 that its wholly owned subsidiary, Trina Solar (Changzhou) Technology Co., Ltd. (“Trina Tech”), plans to jointly establish a joint venture with Trina Star Yuan (Zhejiang) Enterprise Management Consulting Co., Ltd. and Changzhou Xingyao Enterprise Management Partnership (Limited Partnership). The registered capital of the joint venture is planned not to exceed 100 million yuan. Trina Tech will contribute no more than 45 million yuan, accounting for 45%. The investment aims to leverage the company’s technological advantages in photovoltaic and energy storage systems to expand cross-sector applications in new scenarios.

(Source: Oriental Fortune Research Center)