Mei Ri Jing Ji Xin Wen·2025-08-14 16:31Mergers and Acquisitions - Kangda New Materials plans to acquire 51% stake in Chengdu Zhongke Huami Electronics for RMB 275 million, which will make Zhongke Huami a subsidiary included in the consolidated financial statements of Kangda New Materials [1] Earnings Disclosure - Dongyangguang reported a net profit of RMB 613 million for the first half of 2025, representing a year-on-year increase of 170.57%, with revenue of RMB 7.124 billion, up 18.48% [2] - Bubugao announced a net profit of RMB 201 million for the first half of 2025, a significant increase of 357.71%, with revenue of RMB 2.129 billion, up 24.45% [3] - China Telecom reported a net profit of RMB 23.017 billion for the first half of 2025, a year-on-year growth of 5.5%, with revenue of RMB 269.422 billion, up 1.3% [4] Shareholding Changes - Meixin Technology's shareholder Runke Investment plans to reduce its stake by up to 3%, amounting to a maximum of 1.3278 million shares, due to funding needs [5] - Mengke Pharmaceutical's shareholder Mengke Hong Kong intends to reduce its holdings by up to 3%, totaling a maximum of 19.6682 million shares, based on market conditions [6] - Junshi Biosciences' shareholder Shanghai Tanying plans to reduce its stake by up to 2%, which equates to a maximum of 2.0538 million shares, due to fund duration and liquidity arrangements [7]