Core Viewpoint - The article discusses the upcoming 2026 Future Industries New Materials Expo in Shanghai, highlighting its significance in showcasing innovations in new materials and the carbon materials industry [1][8]. Group 1: Event Details - The 2026 Future Industries New Materials Expo will take place from June 10 to June 12, 2026, at the Shanghai New International Expo Center, covering an exhibition area of 50,000 square meters [1][9]. - The expo will feature over 800 participating companies, 200 research institutions, and more than 30 thematic forums [1][8]. Group 2: Company Updates - Hualing Cable announced the termination of its acquisition agreement with Xingxin Aerospace due to disagreements on specific terms, which was intended to acquire shares in the high-tech materials company [2]. - Xingxin Aerospace, established in 2003, specializes in high-temperature resistant materials and has supported various Chinese space missions, including the Shenzhou and Chang'e programs [2]. Group 3: Financial Performance - Xingxin Aerospace reported revenues of 56.42 million yuan, 51.37 million yuan, and 68.15 million yuan for the years 2022, 2023, and 2024, respectively, with net profits of 23.63 million yuan, 22.46 million yuan, and 26.49 million yuan during the same period [3]. - Hualing Cable's revenue for the first three quarters of 2025 reached 3.376 billion yuan, marking an 8.68% year-on-year increase, while its net profit attributable to shareholders was 92.16 million yuan, up 6.85% [3].

Core Viewpoint - Hualing Cable announced the termination of the acquisition agreement with Xingxin Aerospace due to a lack of consensus on specific terms, which will not adversely affect the company's operations or financial status [1][2]. Group 1: Acquisition Details - Hualing Cable and Xingxin Aerospace mutually agreed to terminate the intention to acquire shares of Hunan Xingxin Aerospace New Materials Co., Ltd. as the formal transaction agreement was not signed [1][2]. - The termination of the acquisition does not require board approval and is a result of mutual agreement between the parties involved [2]. Group 2: Company Performance - Xingxin Aerospace, established in 2003, is a national high-tech enterprise specializing in high-temperature resistant materials and has provided products for various Chinese space missions [3]. - Xingxin Aerospace reported revenues of 56.42 million yuan, 51.37 million yuan, and 68.15 million yuan for the years 2022, 2023, and 2024, respectively, with net profits of 23.63 million yuan, 22.46 million yuan, and 26.49 million yuan [3]. Group 3: Market Performance - Hualing Cable is recognized as a "star stock" in the commercial aerospace sector, with its stock price increasing by 178% from November 27, 2025, to January 12, 2026 [3]. - As of January 19, 2026, Hualing Cable's stock price rose by 5.31% to 26.79 yuan per share, resulting in a market capitalization of 17.101 billion yuan [3].