Positive News Roundup for Listed Companies on the Evening of July 16: Rongsheng Petrochemical Plans 19.6 Billion Yuan Investment in Refining Project and More

Eastmoney·16 Jul 2026·Read original

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On the evening of July 16, multiple listed companies on the Shanghai and Shenzhen stock exchanges released positive news. Rongsheng Petrochemical's controlling subsidiary, Zhejiang Petroleum & Chemical Co., Ltd., plans to invest approximately 19.6 billion yuan in a construction project to upgrade and transform its integrated refining and chemical facilities, with an expected construction period of two years. Xingye Silver & Tin's wholly-owned subsidiary, Xingye Gold Hong Kong, intends to subscribe for a 20 percent stake in a private placement by Australian-listed Tartana Minerals Limited for about 5.1827 million Australian dollars; Tartana holds eight mining licenses and 22 exploration licenses. Jindi Corporation's wholly-owned subsidiary, Boyuan Intelligent Drive, plans to increase its capital in Chenyu Precision by 50 million yuan to acquire a 55.5556 percent equity stake, entering the server liquid cooling heat dissipation industry. Xinlaifu has adjusted the investment scale of its sensitive resistor capacity expansion project from 250 million yuan to 136 million yuan, with the reduced 114 million yuan and an additional 115 million yuan of over-raised funds being directed to an industrialization project for specialized electronic micro-nano powder materials. Zhongyan Dadi intends to acquire a 60 percent stake in Xinyuhuan through a 90 million yuan equity transfer and a 150 million yuan capital increase, expanding into the PCB drill bits and milling cutters sector; Xinyuhuan has committed to a total net profit of no less than 100 million yuan from 2026 to 2028. Shengshi Technology's subsidiary, Shengxin Investment, plans to invest 50 million yuan for a 2.5 percent stake in Ideal Vision, a company focused on fiber optic scanning display technology. Dingtong Technology expects its net profit attributable to the parent company for the first half of the year to be 185 million yuan, a year-on-year increase of 60.04 percent, with mass production of 112G high-speed products. GEM plans to repurchase shares for 100 million to 160 million yuan, at a price not exceeding 10.6 yuan per share. Jingce Electronics' controlling subsidiary, Shanghai Jingce, has signed a 223 million yuan sales contract for semiconductor front-end inspection and measurement equipment, with cumulative contract value over the past twelve consecutive months reaching 330 million yuan. Xianhui Technology and Fujian Dongheng have received contracts and fixed-point notification orders from CATL totaling approximately 920 million yuan since March 7. Jingneng Power plans to raise no more than 5 billion yuan through a private placement for projects including the Zhuozhou thermal power expansion, with the controlling shareholder intending to subscribe for 1 billion to 2.5 billion yuan. Weiergao plans to raise no more than 1.3 billion yuan through a private placement for a PCB intelligent manufacturing project. Xiangjiang Holdings' wholly-owned subsidiary, Xiangjiang Yunhan, has signed a five-year data center service agreement with China Mobile Ningxia valued at 796 million yuan. Moore Threads expects first-half revenue of 1.65 billion to 1.75 billion yuan, a year-on-year increase of 135.12 percent to 149.37 percent.

Inner Mongolia Xingye Mining Co Ltd ▲

Rongsheng Petrochemical Co Ltd ▲