Harbin Electric Coporation Jiamusi Electric Machine Co Ltd

Jiamusi Electric announced that its controlling subsidiary, Harbin Electric Power Equipment Company, recently received a bid award notice from China Nuclear Power Engineering Company, confirming it as the winning bidder for the AU project LOT120F reactor coolant pump equipment, with a bid amount of 620 million yuan.

On the evening of August 26, multiple listed companies on the Shanghai and Shenzhen stock exchanges released announcements covering half-year results, major contracts, and buybacks. Jiama Electric said its nuclear power business is now at full capacity. Kingwon Electronics expects to make more progress with cloud server vendors by 2027. Hengtong Optic-Electric has been preliminarily selected for a 1.831 billion yuan marine energy project. Dapu Micro signed a 515 million US dollar enterprise-grade PCIe SSD sales order. On the earnings front, Northern Copper reported first-half net profit of 1.396 billion yuan, up 186.61 percent year on year. Hengtong Optic-Electric posted net profit of 3.12 billion yuan, up 93.38 percent. Hua Hong Hongli reported net profit of 399 million yuan, up 436.69 percent. Lianxun Instruments posted net profit of 567 million yuan, up 903 percent. New China Life reported net profit of 22.793 billion yuan, up 54 percent. Shennan Circuits posted net profit of 2.251 billion yuan, up 65.55 percent. Tsingtao Brewery reported net profit of 3.92 billion yuan, up 0.4 percent. Yili Group posted net profit of 5.759 billion yuan, down 20.02 percent. China CITIC Bank reported net profit of 37.602 billion yuan, up 3.08 percent. Conch Cement posted net profit of 2.527 billion yuan, down 42.76 percent. In addition, Yili Group plans to buy back shares worth between 1 billion and 2 billion yuan for cancellation.

On the evening of August 26, multiple listed companies released positive announcements. Jiamusi Electric Machine said its nuclear power business is currently at full production, and the new multifunctional high-temperature high-pressure nuclear main pump full-flow test bench project, with an investment of 381 million yuan, has been completed, with comprehensive testing capability leading in China. Kinwong Electronic expects to make more positive progress with North American hyperscale cloud provider customers by 2027. Hengtong Optic-Electric's net profit in the first half of the year rose 93.38% year on year, and revenue from its optical communications business grew more than 130% year on year. Hua Hong Semiconductor's net profit in the first half of the year rose 436.69% year on year, with shipments hitting a record high. Lianxun Instruments' net profit in the first half of the year rose 903% year on year, and it plans to transfer 4.8 shares for every 10 shares from capital reserve. New China Life Insurance's net profit in the first half of the year rose 54% year on year, and it plans to pay a cash dividend of 0.73 yuan per share. Shennan Circuits' net profit in the first half of the year was 2.251 billion yuan, up 65.55% year on year. Yili Group plans to buy back shares for no less than 1 billion yuan and no more than 2 billion yuan. Leaderdrive's net profit in the first half of the year rose 31.25% year on year, and its embodied intelligent robot business grew substantially in scale. Northern Copper's net profit in the first half of the year was 1.396 billion yuan, up 186.61% year on year. Dapu Microelectronics signed a sales order for enterprise-grade PCIe SSDs worth 515 million US dollars, accounting for 152.70% of its 2025 main business revenue. COSCO Shipping Specialized Carriers' net profit in the first half of the year was 1.371 billion yuan, up 66.24% year on year.

JiaDian Shares released its 2026 interim report, with net profit attributable to the parent company of 185 million yuan, up 40.40% from the same period last year. Total operating revenue was 2.7 billion yuan, up 8.12% year on year, achieving growth for two consecutive years. Net cash inflow from operating activities was negative 933 million yuan, an increase of 18.0456 million yuan compared with the same period last year. The company's latest asset-liability ratio was 40.86%, down 3.23 percentage points from the previous quarter; gross margin was 24.49%, up 5.14 percentage points from the previous quarter; diluted earnings per share was 0.26 yuan, up 29.26% year on year.

Jiamusi Electric Machine has released its 2026 interim report, with net profit attributable to the parent company of 185 million yuan, up 40.40% from the same period last year. Total operating revenue was 2.7 billion yuan, up 8.12% year on year, marking a second consecutive year of growth. Net cash outflow from operating activities was negative 933 million yuan, an increase of 18.0456 million yuan compared with the same period last year. The company's latest asset-liability ratio was 40.86%, down 6.57 percentage points from a year earlier; gross margin was 24.49%, up 2.11 percentage points year on year; diluted earnings per share were 0.26 yuan, up 29.26% year on year.