← Back

Jiangsu Aucksun Co Ltd

Jiangsu Azure Corporation operates in lithium batteries, LED chips, and metal logistics and distribution in China and internationally. Its lithium battery products serve power tools, garden tools, smart homes, smart mobility, backup units, eVTOL, AI robots, and biomedical fields. Its LED products include sapphire substrate cutting, polishing, PSS, epitaxial wafers, LED chips, and CSP special packaging. The company also handles warehousing, sorting, cutting, packaging, distribution, and processing of steel and aluminum plates, and provides supply chain management services. Founded in 2002, it is based in Zhangjiagang, China.

Price · split & dividend adjusted
News & notes moving 002245.CS
China
002245.CS▲4

Azure Lithium Core's first-half 2026 net profit rises 53.39% year on year

Azure Lithium Core released its first-half 2026 report, achieving operating revenue of 4.858 billion yuan, up 30.35% year on year. Net profit attributable to shareholders of the listed company was 511 million yuan, up 53.39% year on year. The profit growth was mainly driven by improved product competitiveness and stronger downstream demand, with the lithium battery business growing rapidly year on year, while the LED business and metal logistics distribution business remained generally stable. The company's second-quarter net profit was 315 million yuan, and first-quarter net profit was 196 million yuan, implying a quarter-on-quarter increase of 60% in second-quarter net profit.
002245.CS · Capital · Positive Net profit up 53.39% year on year, driven by improved competitiveness and stronger downstream demand.
Read original ↗
002245.CS▲

12 stocks receive buy ratings from institutions today, BOE Technology and China Satellite see first-time coverage

A total of 12 stocks received buy ratings from institutions today, with BOE Technology and China Satellite gaining first-time coverage. According to statistics from Securities Times Data Treasure, institutions published 12 buy rating records covering 12 stocks, with BOE Technology and Han's Laser drawing the most attention. Among the 9 rating records that included target prices, 8 stocks have upside potential exceeding 20 percent. Azure Lithium Core leads with 93.31 percent upside, as Soochow Securities set a target price of 37 yuan. Capchem and Tinci Materials have upside potential of 69.88 percent and 65.75 percent respectively. In terms of performance, among the 8 stocks that disclosed first-half earnings forecasts, Tinci Materials is expected to post the highest net profit growth, surging 963.83 percent year-on-year, followed by Han's Laser and Capchem. By sector, the electrical equipment industry was the most favored, with three stocks including Capchem and Tinci Materials receiving ratings, while the electronics and machinery equipment sectors each had two stocks rated.
300037.CS · Capital · Positive Received a buy rating from an institution with 69.88% upside potential, and strong first-half earnings forecast.
000725.CS · Capital · Positive Received first-time coverage and a buy rating, drawing attention.
002709.CS · Capital · Positive Received a buy rating with high upside potential and strong earnings forecast.
002008.CS · Capital · Positive Received a buy rating and is expected to post high net profit growth.
002245.CS · Capital · Positive Received a buy rating from an institution.
600118.CG · Capital · Positive Received a buy rating from an institution, with first-time coverage.
Read original ↗
证券时报·87dRead more →
Electrification & Mobility

Azure Lithium Battery Plans $290 Million Investment in Indonesia for 5 GWh Cylindrical Lithium Battery Project

Azure Lithium Battery plans to invest 290 million US dollars in Indonesia to build a new 5 gigawatt-hour cylindrical lithium battery manufacturing project, primarily producing various lithium battery models such as the 21700. The project will be implemented by the company through establishing a wholly-owned subsidiary in Hong Kong and a new wholly-owned subsidiary in Indonesia. Once fully completed and reaching production capacity, it will achieve an annual output of 5 gigawatt-hours. The company stated that this move aligns with its development strategy, will enhance its ability to guarantee product supply for overseas customers, and optimize its global industrial layout. The required funds will be raised through self-financing. This investment is still subject to shareholder meeting approval and clearance from relevant domestic and foreign authorities, and there are risks that it may not proceed on schedule or that returns may fall short of expectations. The company noted that it is not expected to have a material impact on the reported performance for the 2026 reporting period.
About megatrends
Electrification & Mobility › Incumbent Li-ion Cell Makers Supply
Critical Materials & Supply Chain › Lithium Supply
002245.CS · Capital · Neutral Azure Lithium Battery plans $290M investment in Indonesia, subject to approvals and risks; no material impact on 2026 performance expected.
Read original ↗
Jiemian·88dRead more →