Jiarong Technology proposes major asset acquisition amid regulatory scrutiny

Today’s market saw significant developments from several companies, particularly in asset acquisitions and regulatory challenges. Notably, Jiarong Technology (301148) is moving forward with a proposal to issue shares for acquiring assets, while Boschke Co., Ltd. (300422) is addressing ongoing operational losses through a targeted share issuance.

Earnings & Performance

• Talkweb Information System Co., Ltd. (002261) released its 2026 semi-annual report, confirming the accuracy of its financial statements and proposing a profit distribution plan of 0.25 yuan per 10 shares.
• Higold Group Co., Ltd. (001221) also published its 2026 semi-annual report, proposing a profit distribution of 2.20 yuan per 10 shares based on its current capital.

Deals & Restructuring

• Jiarong Technology Co., Ltd. (301148) announced a plan to issue shares to acquire assets and raise supporting funds through related party transactions. The transaction involves 19 counterparties and aims to enhance the company's core operations.
• Boschke Co., Ltd. (300422) is issuing shares to specific targets to mitigate liquidity pressures and operational losses, facing significant risks including potential delisting.
• ST Huayi Co., Ltd. (300027) disclosed ongoing litigation involving claims totaling RMB 814.16 million and overdue debts of RMB 7,473.21 million, while pursuing restructuring measures.
• Fujian Acetron New Materials Co., Ltd. (300706) is planning to issue up to 45,966,149 A-shares to raise up to 900 million RMB for various projects, pending regulatory approval.
• Tuo Xin Pharmaceutical Co., Ltd. (301089) is set to issue shares to specific targets to fund its API and health dietary supplement manufacturing base project.

Regulatory & Governance

• Yuan Dao Communications Co., Ltd. (301139) issued a risk warning about potential delisting due to major violations, cooperating with an ongoing investigation by the CSRC.
• InnoCare (300713) responded to an audit inquiry from the Shenzhen Stock Exchange regarding its financial performance, addressing concerns over net losses and cash flow fluctuations.
• Guangdong Shenling Environmental Systems Co., Ltd. (301018) has completed the acquisition of its wholly-owned grandchild company, Tianjin Shenling HVAC Equipment Co., Ltd., with the industrial registration finalized.

Other Notable Developments

• ST Meichen Co., Ltd. (300237) reported progress on its major asset disposal plan and the repayment of overdue debts, having settled 43.96% of the overdue principal.
• Guangzhou Yuexiu Capital Holdings Group Co., Ltd. (000987) announced the full redemption of its "21 Yuekong 04" bonds, which will be delisted on August 13, 2026.
• China Railway Assembly Co., Ltd. (300374) announced the resignation of its chairman, effective immediately, with plans to elect a new chairman soon.
• Huadong Medicine Co., Ltd. (000963) received EU MDR CE certification for its novel medical aesthetic injection product, enhancing its market position in the EU.
• Dalian Demaishi Precision Technology Co., Ltd. (301007) approved an increase in credit lines and an acquisition of equity in Shanghai Shuming Semiconductor during its board meeting.