Willfar Information Technology Co Ltd

Hangxiao Steel Structure announced on the evening of September 1 that it has signed a DEP project procurement contract with Dangote Oil Refining Free Zone Enterprise. The contract value is 166 million US dollars, equivalent to approximately 1.128 billion yuan, accounting for 15.87 percent of the company's most recent audited annual operating revenue. Dangote Oil Refining Free Zone Enterprise is a subsidiary of the Dangote Group, and the two parties have a prior history of cooperation. Hangxiao Steel Structure stated that the contract value is large and the performance period is long, and there are risks that the contract may not be performed on schedule or in full due to unforeseeable factors such as laws and regulations, industry policies, and market conditions. On the same day, JCHX announced that it has undertaken the mining construction project for the Majiazhuang phosphate mine in Zhijin County, Guizhou Province, with a signed contract price of 300 million yuan and a construction period of 769 calendar days. Far East Smarter Energy, Willfar Information, and Shandong University Electric Power also announced contract awards. Among them, Far East Smarter Energy received in August a total of 1.78 billion yuan in contract orders of 10 million yuan or above won or signed by its subsidiaries. Willfar Information won contracts totaling 46.4126 million yuan, and Shandong University Electric Power won contracts totaling approximately 15.806 million yuan.

Willfar Information released its 2026 semi-annual report, with first-half operating revenue of 1.067 billion yuan and net profit attributable to shareholders of the listed company of 202 million yuan. The company's research and development expenses reached 109 million yuan, accounting for 10.26 percent of operating revenue, up 2.71 percentage points year on year. It holds a total of 767 valid patents, including 223 invention patents. The company has independently developed a sensing, computing and communications integrated system-on-chip, completed tape-out of a new-generation power line carrier chip, and launched prototype optical modules for data centers covering full scenarios from 10G to 1.6T. As of the end of the reporting period, the company had signed new contracts worth 1.306 billion yuan, with contracts in hand of 3.823 billion yuan. Overseas communication module deliveries exceeded 50 million yuan, up more than 18 times year on year.

Dingtong Technology released its 2026 semi-annual report, achieving operating revenue of 1.029 billion yuan, up 31.17% year-on-year, and net profit attributable to shareholders of the listed company of 184 million yuan, up 59.24% year-on-year. The company plans to distribute a cash dividend of 3 yuan per 10 shares. Hangya Technology disclosed an earnings forecast, expecting semi-annual net profit attributable to the parent company for 2026 to be between 50 million and 55 million yuan, down 10.15% to 18.32% year-on-year, but second-quarter net profit attributable to the parent company is expected to increase by 49.56% to 74.51% quarter-on-quarter. Yanmai Technology plans to repurchase company shares for 10 million to 20 million yuan, to be used for employee stock ownership plans or equity incentives, with a repurchase price not exceeding 70 yuan per share. Jingsong Intelligent plans to repurchase company shares for 15 million to 20 million yuan, also for employee stock ownership plans or equity incentives, with a repurchase price not exceeding 33 yuan per share. Wasion Information won bids totaling 80.9602 million yuan in July, accounting for 2.72% of the company's total operating revenue in 2025. In addition, the mandatory national standard 'Safety Requirements for Intelligent Connected Vehicle Automated Driving Systems' was officially released, scheduled to take effect on July 1, 2027, imposing requirements such as driver takeover capability monitoring for Level 3 automated driving systems.

Wasion Information announced that in July 2026, the company won bids for projects from China Southern Power Grid Technology Co., Ltd. and State Grid Hunan Electric Power Co., Ltd., with a total bid amount of 80.9602 million yuan, accounting for 2.72% of the company's audited total operating revenue for 2025. Among them, the bid amount for the second batch of terminal core board customization service projects of China Southern Power Grid Technology Co., Ltd. in 2026 is 47.97 million yuan, with the bid content being terminal core board customization services; the bid amount for the first material framework agreement public bidding procurement project of State Grid Hunan Electric Power Co., Ltd. in 2026 is 32.9902 million yuan, with the bid content being distribution terminals and communication units. The above projects have undergone bid candidate announcements or bid result announcements, but formal contracts have not yet been signed. The company reminds that there is uncertainty in contract signing and performance.