Dhc Software Co Ltd

Donghua Software has disclosed its 2026 private placement plan, aiming to raise no more than 2.029 billion yuan from up to 35 specific investors, with all proceeds allocated to five projects. Among them, the Donghua Yunzun Intelligent Computing Center construction project plans to use 682 million yuan of the raised funds, the Future City AI Housing and Construction Integrated Application Development project plans to use 272 million yuan, the Digital Finance AI Native Application and Intelligent Agent Development project plans to use 275 million yuan, the Digital Twin Water Network AI Platform Development project plans to use 201 million yuan, and the supplementary working capital project plans to use 600 million yuan. This issuance plan has been approved by the company's ninth board of directors at its sixth meeting, and still requires shareholder meeting approval, review by the Shenzhen Stock Exchange, and registration consent from the China Securities Regulatory Commission. The issuance will adopt a competitive pricing method, with the pricing base date being the first day of the issuance period, and the issuance price will not be lower than 80% of the average trading price of the company's stock over the 20 trading days prior to the pricing base date.

On the evening of July 20, multiple listed companies on the Shanghai and Shenzhen exchanges disclosed positive news. SDIC Power's controlling subsidiary Yalong River Hydropower plans to establish a project company with CATL to invest in the construction of the Yagen Second-Level Hydropower Station, with a total dynamic investment of 33.394 billion yuan, including capital of 6.679 billion yuan. Raytron released an earnings forecast, expecting first-half net profit of 1.2 billion to 1.3 billion yuan, a year-on-year increase of 242% to 270%, mainly benefiting from high industry prosperity and capacity release. Raycus Laser's earnings flash report shows first-half net profit attributable to the parent company of 158 million yuan, up 116.73% year-on-year. In addition, several companies disclosed large contracts and share buyback or increase plans: Guoke Tiancheng signed a sales contract for uncooled infrared detectors and thermal imagers worth no less than 630 million yuan, Yangdian Technology's wholly-owned subsidiary signed an 860 million yuan computing power service contract, and Yushun Electronics' wholly-owned subsidiary signed a 731 million yuan computing power server leasing agreement. Huayou Cobalt plans to repurchase shares for 600 million to 1 billion yuan, Sany Heavy Industry's chairman proposed a share buyback of 400 million to 800 million yuan, and China State Construction's controlling shareholder plans to increase its shareholding by 500 million to 1 billion yuan. Hangdian Cable plans a private placement to raise no more than 2.88 billion yuan for projects such as high-end electronic circuit copper foil, and Donghua Software plans a private placement to raise no more than 2.029 billion yuan for projects including intelligent computing center construction. Sinocera announced a price increase for zirconia powder sales effective July 27, with an increase of about 10% to 40%. Jiuri New Materials' wholly-owned subsidiary Shandong Jiuri Chemical's ACMO Phase I project has entered trial production, with a total designed capacity of 1,500 tons per year, and the first phase of 500 tons per year has been put into production.

Donghua Software stated on an interactive platform that the company has not yet ventured into in-house memory chip R&D and production, and mainly hedges against upstream price increases through deep industry chain cooperation and bulk procurement of components. Donghua Mindu, as a core base for domestic computing power servers, has already started production and batch delivery of its first-phase production line. The products are equipped with domestic Hygon CPUs and are designated for testing and deployment by specific government and enterprise clients. The company has signed a long-term GPU procurement agreement with Moore Threads to lock in core chip supply, while simultaneously customizing and adapting supporting components such as optical modules in collaboration with leading manufacturers. The company adopts a full-chain model to enhance overall profitability, alleviate pressure from upstream cost fluctuations, and at the same time, links upstream and downstream partners to build a computing power industry ecosystem and stabilize the supply chain.