The project launched has secured orders, and the listed companies are continuously reporting good news.

As the New Year begins, A-share listed companies are rapidly disclosing positive news related to investments, construction, and winning bids. On one hand, many companies in high-end manufacturing and other sectors are increasing external investments around technological breakthroughs, artificial intelligence (AI), and internationalization, continuously strengthening their core capabilities; on the other hand, projects in hot areas such as green low-carbon, energy storage, and new materials are accelerating, with large domestic and overseas orders in energy infrastructure continuously being secured. The simultaneous promotion of industrial upgrading and international expansion has ushered in a “good start” for high-quality development of listed companies.

Investment Strategies Bloom in Multiple Areas

Focus on Technological Breakthroughs and Cutting-Edge Sectors

Recently, several companies in high-end manufacturing and related fields have strengthened their core businesses through external investments, tackling key technologies and seizing new opportunities in AI development, while also accelerating their internationalization efforts to solidify their hard power.

In high-end manufacturing, many companies are investing to reinforce technological barriers. On the evening of February 27, Nichirei Technology announced plans to jointly establish Saimikon Semiconductor (Wuxi) Co., Ltd. with its controlling subsidiary SSTI, with Nichirei holding 70%. The companies will build an integrated technology R&D platform to promote the rapid implementation, iteration, and成果转化 of high-end semiconductor testing technology domestically, enhancing Nichirei’s technological barriers in advanced process semiconductor testing.

Nichirei stated that this external investment will extend its product system to key areas such as semiconductor design debugging and yield improvement, enabling the localization of high-end semiconductor testing equipment in R&D, manufacturing, and supply, which will help the company develop into a one-stop semiconductor testing solutions provider.

Lite Optoelectronics announced plans to invest through its controlling subsidiary, Lite Quasi, in the High-tech Zone of Xi’an City to build a Lite Quartz Fabric R&D and manufacturing base with a total investment of 1 billion yuan. The project will be implemented in 2 to 3 phases, with the first phase involving about 400 million yuan, and the entire construction expected to be completed within 2 to 3 years. Lite Optoelectronics stated, “This project will advance quartz fiber electronic fabric from technological R&D to large-scale production, enhancing the company’s technological innovation capabilities and core competitiveness.”

Seizing new opportunities in frontier technologies like AI has become a key investment focus for listed companies. For example, Songsheng Co., Ltd. signed a joint venture agreement on February 25 to establish Shenzhen Songsheng Yimai Digital Energy Technology Co., Ltd., focusing on R&D, production, and sales of digital energy products such as server power supplies and AI power supplies. Songsheng will invest 15.3 million yuan for a 51% stake.

Songsheng stated that, based on steady growth in its existing business, it is strategically entering new promising niche markets to maintain growth momentum and enhance its investment value.

The pace of global expansion among A-share companies continues to accelerate, with many investing to expand overseas markets. Guoci Materials plans to acquire 100% of Australian listed company SDI Limited and its subsidiaries for 816 million yuan, leveraging SDI’s global distribution network and customer service system to accelerate the internationalization of dental restoration materials and promote the global expansion of its oral business.

Dalian Friendship plans to establish three wholly owned subsidiaries in the UAE, Malaysia, and Guinea through its subsidiary, Hong Kong Yingchi Trading Co., Ltd., each funded with its own capital, implementing a “go global” strategy. Through localized operations, policy benefits, and technological innovation, the company aims to reduce supply chain costs, increase overseas market share, and open up international growth opportunities.

Speeding Up Project Construction for Greater Efficiency

Green Transformation and Capacity Gains Follow

After the Spring Festival, the pace of project construction among listed companies remains vigorous, with a batch of green low-carbon, energy storage, and new material projects accelerating their implementation. Some early-stage investment projects have entered production smoothly, ushering in a harvest period for enterprises.

Companies like Shandong Haihua and Luoping Zinc Electric are using green low-carbon projects as a key approach to industrial upgrading. Shandong Haihua announced plans to invest 4.837 billion yuan in a resource and energy comprehensive utilization-based soda ash quality improvement, efficiency enhancement, and energy-saving environmental protection retrofit project, with a construction period of 24 months.

Shandong Haihua indicated that the ammonia-alkali transformation project will produce 1 million tons of alkali annually. The project aims to build a green low-carbon technology system through green electricity substitution and direct supply cost reduction, reducing production costs and enhancing product competitiveness while achieving energy savings and emissions reductions.

Projects in new energy and energy storage are also rapidly advancing. For example, Neusoft Carrier’s subsidiary, Guangdong Hongqing Run Energy Storage Co., Ltd., plans to build the Foshan Nanhai pilot base of the National New Energy Storage Innovation Center, including a 200MW/400MWh grid-side independent energy storage station. The project’s dynamic investment is 453 million yuan, with a planned construction period of 6 months.

Some companies’ projects have already entered production and are beginning to generate revenue. On the first working day after the holiday, Bohai Chemical’s new materials project for acrylates and superabsorbent resins, which was invested and built by its subsidiary Bohai Petrochemical, has met the conditions for production and has started operation. The project uses the remaining 682 million yuan from previous fundraising. Bohai Chemical stated that this marks a shift from a single propylene product to a multi-product polymer new materials enterprise.

Domestic and Overseas Orders Flood In

Energy Infrastructure Projects Dominate

Recently, many listed companies have secured large domestic and overseas orders. Domestically, energy and power sectors have seen frequent good news, with several companies winning bids for relevant projects; internationally, some companies have secured major projects, demonstrating their competitiveness in global markets.

In the domestic market, energy infrastructure is a major order hub. Huadian Engineering won the EPC contract for the steel structure cooling tower of the Inner Mongolia Huadian Tengerli 4×1 million kW coal power project, with a bid price of 827 million yuan. This project is a key hub of the Tengerli Desert “Shagehuang” new energy base, and winning the bid will further consolidate the company’s leading position in high-end energy engineering.

Beijing Keli won the second batch of distribution network equipment framework bidding projects for China Southern Power Grid’s 2025 distribution network, with a total bid amount of about 288 million yuan, accounting for 14.10% of the company’s audited operating revenue for 2024. The performance of these contracts will positively impact the company’s 2026 and subsequent operational results.

In the overseas market, Chinese companies continue to secure orders thanks to their technological and service advantages. Jiangsu Shuangliang Cooling System Co., Ltd., a wholly owned subsidiary of Shuangliang Eco-Energy, won a project for the air-cooling island (ACC) system of a H-class combined cycle power plant in the Middle East, with an estimated bid amount of 100 million yuan. The project covers design, manufacturing, and transportation, and is a key part of local energy planning. Once completed, it will reduce industrial and residential electricity costs and promote a transition to high-efficiency, low-carbon energy.

Jintao Liang’s subsidiary, Jintao Liang Architectural Decoration (Malaysia) Co., Ltd., won the Sabah Intercontinental Resort Hotel project in Malaysia, with a bid amount of about 281 million yuan. The company stated that this bid is part of its deeper overseas localization and Southeast Asian market expansion strategy, helping to enhance its brand influence in high-end hotel decoration abroad and laying a foundation for exploring Southeast Asian market potential.