March 18 Evening Listed Company Positive News Overview(with List)

Many listed companies in the Shanghai and Shenzhen markets released important announcements on the evening of March 18. Here is a summary of the positive news:

Jinfa Technology: Subsidiary re-certified as a high-tech enterprise

Jinfa Technology (600143) announced on March 18 that its wholly owned subsidiary, Zhuhai Jinfa Biological Materials Co., Ltd. (“Jinfa Biological”), recently received the “High-Tech Enterprise Certificate” jointly issued by the Guangdong Provincial Department of Science and Technology, the Guangdong Provincial Department of Finance, and the Guangdong Provincial Taxation Bureau of the State Taxation Administration. The certificate was issued on December 19, 2025, and is valid for three years.

Jimi Technology: Yibin Jimi to become a vehicle-mounted projection supplier for a certain car model

Jimi Technology (688696) announced on March 18 that its wholly owned subsidiary, Yibin Jimi, recently received a development and fixed-point notice from a well-known domestic automaker. Yibin Jimi will become a vehicle-mounted projection supplier for a specific car model of this customer. Yibin Jimi will strictly follow the customer’s order requirements and complete the development, testing, production preparation, and delivery of the designated products within the specified timeframe.

Bowei Alloys: AI server liquid cooling materials enter application deployment stage

On March 18, Bowei Alloys’ official WeChat account introduced that the company has launched material solutions for high-speed interconnection scenarios, suitable for CPU sockets, high-speed I/O, and backplane connectors. The related materials have been supplied in bulk and are being continuously promoted in server interconnection applications. Additionally, the company’s AI server liquid cooling materials have completed production line verification with related liquid cooling plate manufacturers and have entered the application deployment stage.

Aerospace Power: Subsidiary plans to invest 81 million yuan to build precision machining capacity for zero components

Aerospace Power (600343) announced on March 18 that its subsidiary, Aerospace Yuanxin, leveraging previous experience in component processing and management, will expand its existing processing capacity. The plan involves an investment of 81 million yuan mainly for equipment purchase and flexible automation production line setup, aiming to increase capacity, reduce production costs, and improve equipment utilization.

Defu Technology: Recently raised processing fees for some lithium battery copper foil products supplied to certain battery customers

Defu Technology (301511) stated on March 18 on the interactive platform that it is a leading domestic electrolytic copper foil manufacturer operating at full capacity. Due to strong downstream market demand and high market prosperity, the company has previously increased processing fees for products supplied to a top global copper-clad laminate manufacturer, including HTE and RTF products. Recently, it has also raised processing fees for various series of lithium battery copper foil supplied to some battery customers.

Duodian Digital Intelligence: Projected profit of 200 million yuan in 2025, up 583% year-over-year

On March 18, Duodian Digital Intelligence (02586.HK) released its 2025 annual performance report, showing total revenue of 2.23 billion yuan, up 19.8% year-over-year; gross profit of 850 million yuan, up 13.9%; and net profit of 200 million yuan, up 582.6%.

Chengdi Xiangjiang: Subsidiary jointly wins bid for second phase data center EPC project

Chengdi Xiangjiang (603887) announced on March 18 that on March 17, 2026, China Mobile’s procurement and bidding website published a notice confirming that its wholly owned subsidiary, Xiangjiang System (leader), in partnership with China Communications Services, won the bid for the “China Mobile Zhejiang Company 2026 Yangtze River Delta (Jiaxing) Data Center Phase II Mechanical and Electrical EPC Contracting Project (Bid Package 1).” The project is now in the bid candidate public announcement stage. The bid price (excluding tax) is 405 million yuan; according to the joint venture agreement, Xiangjiang System will undertake 99.13% of the contract work, and China Communications Services will undertake 0.87%.

Heshun Petroleum: Plans to acquire control of Kui Xin Technology

Heshun Petroleum (603353) announced on March 18 that the company, its wholly owned subsidiary, and Xinwei have signed a series of agreements including the “Equity Transfer Agreement” and “Capital Increase Agreement” with Kui Xin Technology and some of its shareholders and actual controllers. Xinwei plans to acquire equity corresponding to 92.6204 million USD of Kui Xin Technology (accounting for 35.11% of the company after the transaction) through cash investment and equity transfer, and exercise voting rights through trustees, collectively controlling 51.11% of Kui Xin Technology’s voting rights, thus gaining control of the target company. Kui Xin Technology’s business model is based on high-value semiconductor IP solutions. The company intends to make strategic arrangements to seize opportunities in the domestic substitution of semiconductor IP industry, seeking new growth points and promoting sustainable future development.

Yingfang Micro: Controlling subsidiary plans to establish a new company to expand electronic component distribution business

Yingfang Micro (000670) announced on March 18 that its controlling subsidiary, United Wireless (Hong Kong) Limited (“United Wireless HK”), plans to jointly invest 10 million yuan with Shanghai Shokley Information Technology Co., Ltd. to establish a new company, United Wireless (Shanghai) Limited (“United Wireless Shanghai”). United Wireless HK will invest 5.5 million yuan, holding 55% of United Wireless Shanghai. This joint establishment by the company’s controlling subsidiary and an affiliate aligns with the company’s overall development strategy and operational needs, aiming to achieve resource complementarity and coordinated development, and to steadily expand the electronic component distribution business, further enhancing overall operational efficiency and market competitiveness.

(Source: Oriental Fortune Research Center)