China Tianhua Group (00362) received the resumption guidance from the Hong Kong Stock Exchange and will continue to be suspended.

date
22/12/2025
Wisdom Finance and Economics APP news, China Tianhua (00362) announced that the company received letters from the Hong Kong Stock Exchange dated April 22, 2025 and October 3, 2025. The letters contained guidance on the resumption of trading of the company's shares on the Stock Exchange and additional resumption guidance: the cancellation or rejection of any winding-up order against the company and the removal of any liquidator; demonstrating compliance with Listing Rule 13.24; publicly disclosing all significant information to allow shareholders and other investors to assess the company's situation; and publishing all financial performance that has not yet been released in accordance with the Listing Rules, and resolving any audit revisions. The company's shares remain suspended.
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3 m ago
According to a brief by AI, Everbright Securities issued a research report on December 22, giving Weiteng Electric (688226.SH) a "buy" rating. The main reasons for the rating include: 1) Overview: The company's main businesses include power distribution equipment (with busbars as the core), energy storage systems, and new photovoltaic materials. They are actively expanding their photovoltaic module business, which is expected to achieve synergies with existing businesses to drive continuous development. The future growth points are mainly in the strong demand for busbars in data centers, extensive overseas opportunities, profit recovery in photovoltaic welding strips, and performance growth elasticity provided by the photovoltaic module business; 2) Busbars: The continuous growth of global data center installations is driving the demand for power supply systems. Intelligent busbars are gradually becoming the mainstream choice for end-line power distribution in data center machine rooms due to their high space utilization and low TCO costs. The company has a high market share in the busbar industry and its joint venture with ABB has begun production and scale delivery, with continuously increasing shipments. It may leverage the ABB brand to expand overseas markets; 3) Photovoltaic welding strips: The global and Chinese additions to photovoltaic installations are growing. Photovoltaic welding strips are key conductive connecting components in photovoltaic modules. The cost of TOPCon double-glass integrated cost welding strips accounts for over 6%, and since the second half of 2025, the processing fees for photovoltaic welding strips have risen, benefiting the company's profit recovery; 4) Energy storage: The company's energy storage system business mainly focuses on grid-side and user-side energy storage. The scale of newly commissioned new types of energy storage projects globally is gradually increasing. The company is a strategic partner with Westinghouse Electric, which is expected to drive the exploration of high-end overseas markets; 5) Optical communication: Based on its advantages in the data center business field, the company has invested in establishing a new company to enter the optical communication business, further enriching the product line sequence related to data centers, and is expected to increase profit elasticity. (Daily Economic News)
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