A-shares evening hot spots | Another batch of companies unveil their earnings! A-share stock king's net profit in the first half of the year increased by more than 9 times.

Evening Heavy News Overview 1. CSRC: Continuously improve the convenience of foreign investment in the capital market Importance: On July 21, 2026, Wu Qing, Chairman of the China Securities Regulatory Commission, met with Graham, President and CEO of the Canada Pension Plan Investment Corporation in Beijing. Wu Qing stated that the CSRC will adhere to the principle of steady progress, resolutely maintain the stable and healthy operation of the capital market, steadily expand high-level institutional opening up, and continuously improve the convenience of foreign investment in the capital market. Graham expressed that the Canada Pension Plan Investment Corporation, as a global long-term investment institution, highly values and continues to be optimistic about the results of China's economic reform and development. China will continue to be an important region for global investment, and the Corporation will continue to implement its value investment philosophy and actively invest in China. 2. Beijing SOEs: Have invested nearly 10 billion yuan in the stock market Importance: On July 22, Beijing State-owned Capital Operation Management Corporation stated that they are optimistic about the development prospects of the Chinese capital market. As of now, Beijing SOEs have invested nearly 10 billion yuan from their own funds in the stock market. On the same day, Beijing State-owned Asset Management Co., Ltd. announced that they will conduct share increase holdings of listed companies, promote the merger and reorganization of listed companies, and act as long-term, patient, and strategic capital. They will also increase dividend payouts, respond to market concerns in a timely manner, improve investor returns, and make new and greater contributions to the healthy and stable development of the capital market and the long-term development of the capital. 3. Major good news for the sports industry! The State Council approves, a large industry worth more than 70 trillion yuan is coming Importance: With the approval of the State Council, the General Administration of Sport released the "15th Five-Year Plan for Building a Sports Power". The plan aims for a per capita sports venue area of about 4 square meters by 2030, with a proportion of people regularly participating in sports exercises reaching about 40%, the excellent rate of the national fitness reaching 31.1%, and the number of world champions ranking at the forefront. The total scale of the sports industry is expected to exceed 70 trillion yuan. 4. SASAC: Focus on implementing a new round of state-owned enterprise reforms Importance: From July 21 to 22, the State-owned Assets Supervision and Administration Commission of the State Council held a seminar for central enterprise leaders. The meeting emphasized the promotion of industrial deep transformation and upgrading, the advancement of intelligent, green, and integrated development of traditional industries, and the cultivation of emerging industries and future industries that suit the needs of the enterprises. They will continue to promote the construction of modern infrastructure. Efforts will be made to implement a new round of state-owned enterprise reform, achieve greater results in main business management, restructuring and reorganization, corporate governance, state-owned asset supervision, and other aspects. 5. Another batch of A-share companies' performance highlights! A-share leader's net profit in the first half of the year increased more than 9 times Importance: On July 22, several A-share companies disclosed their semi-annual reports and performance forecasts for 2026. Among them, "Newly Crowned A-share Leader" Semight Instruments is expected to have a net profit increase of over 9 times in the first half of the year. According to the announcement from Semight Instruments, the net profit attributable to shareholders of the listed company in the first half of 2026 is expected to be between 510 million yuan and 580 million yuan, an increase of 802%-926% year-on-year. The net profit for Q2 is estimated to be between 391 million and 461 million, with a Q1 net profit of 119 million. Based on this, the net profit for Q2 is expected to increase by 228%-287% compared to the previous quarter. In addition, Shandong Yisheng Livestock & Poultry Breeding announced a 4897% increase in net profit in the first half of the year and plans to distribute 1.5 yuan per 10 shares. 6. Securities trading stamp tax revenue in the first half of the year reached 154.9 billion, a 97% increase to a ten-year high Importance: In the first half of the year, the revenue from securities trading stamp tax reached 154.9 billion yuan, a 97.3% increase year-on-year, reaching a ten-year high. Why did the increase happen so quickly? Firstly, the surge in trading volume is the fundamental reason; secondly, high-frequency turnover of existing funds; thirdly, quantitative funds have become the main taxpayers; and fourthly, margin trading balances continue to rise, amplifying trading volume. 7. Top 10 new energy car sales list for June: BYD Company Limited's plug-in hybrid market share exceeds 30% Importance: With the release of sales figures for pure electric, plug-in hybrid, and extended-range models in June, the "Matthew Effect" in the new energy vehicle market has accelerated. In the top 10 list of plug-in hybrid car sales in June, two brands - BYD Company Limited and Faraday Future - occupied seven positions, and even dominated the top seven. Among them, BYD Company Limited's Song Pro, Faraday Future's Titanium 7, BYD Company Limited's Qin PLUS, and BYD Company Limited's Sea Lion 05 all sold over ten thousand units in June. For the first half of 2026, the cumulative sales of BYD Company Limited's Song Pro, Faraday Future's Titanium 7, and BYD Company Limited's Qin PLUS exceeded 50,000 units. In the overall plug-in hybrid market, the market share of these seven BYD Company Limited models reached 31.36%. 8. Quantitative private equity funds experience a significant net asset withdrawal in a week, some recovery this week Importance: The overall asset withdrawal of quantitative private equity funds last week attracted considerable market attention. It was reported that the average withdrawal of private equity funds investing in the CSI 500, 1000, 2000, and other related indices exceeded 10% last week, reaching up to about 15%. Industry insiders commented that last week, there was indeed a widespread withdrawal of quantitative private equity funds, especially those with a technology-focused style which experienced higher withdrawals, with some even experiencing net asset withdrawals of over 20% in a single week, and some excess returns turning negative. Some private equity founders also openly stated that last week was the third most difficult week for quantitative private equity funds since January 2024 and the end of September 2024. With the rebound in the market this week, the net asset withdrawals of quantitative private equity funds from the previous week have been slightly recovered. Various private equity funds are actively analyzing the withdrawal and responding to the market outlook. Early Look at Opportunities Market focus on investment opportunities reveals a focus on offshore wind power and other sectors. 1. Shanghai: Promote the research and development of offshore wind turbines and supporting equipment, and accelerate the batch application of large megawatt-scale offshore wind turbines On July 22, the Shanghai Ocean Administration issued the "15th Five-Year Plan for Ocean Development in Shanghai", which explicitly proposed to promote the R&D and application of key equipment such as marine sensors, marine intelligent Siasun Robot & Automation, and underwater vehicles. The plan lays out multiple key areas for the development of the marine industry. In terms of marine new energy, it aims to promote the research and development of offshore wind turbines and supporting equipment, accelerate the batch application of large megawatt-scale offshore wind turbines, develop offshore photovoltaic clusters, support energy demonstration projects such as marine wind-solar-fishing, offshore wind energy + wave energy, and offshore energy islands, and promote the construction of comprehensive blue ocean economic entities. Industrial analysis suggests that the offshore wind power industry is currently experiencing dual growth opportunities in the domestic and overseas markets. With the gradual transition of European sea winds towards a policy mechanism shift, energy security demands, and resonance with the power needs of data centers, the long-term demand space is expected to further open up, driving the installation volume into a high-speed growth channel. In addition, local supply chain production capacity is relatively limited, and high-quality domestic companies may accelerate their overseas expansion due to their product and cost advantages, bringing about a dual increase in performance and valuation; Domestic sea wind projects are continuing, and accelerated construction is expected to promote the gradual realization of profitability in the industry chain. In addition to the above, the following sectors are also worth paying attention to: 2. Intelligent Manufacturing | MIIT: Persist in developing towards intelligence, vigorously develop the new generation of intelligent manufacturing. 3. Gold | People's Bank of China: In June, Shanghai Gold Exchange's gold trading volume reached 6491.2 tons, a year-on-year increase of 19.8%. 4. AI | Chengdu: By 2027, achieve the breakthrough of the core AI industry scale beyond 260 billion yuan, with a growth rate exceeding 30%. Positive and Negative Announcements of Listed Companies In terms of positive announcements, it is worth keeping an eye on Goldenmax International's investment of 2 billion yuan in the construction of the Zhuhai Guoji capital increase and expansion project, among others. For the negative announcements, pay attention to Zhejiang Supor's decline in net profit year-on-year in the first half of the year. Positive Announcements 1. Goldenmax International: Plans to invest 2 billion yuan in the construction of the Zhuhai Guoji capital increase and expansion project 2. Daqin Railway: Chairman proposes to repurchase shares worth 400 million to 500 million yuan 3. Jiangxi First Hydraulic: Chairman proposes to repurchase company shares worth 40 million to 60 million yuan Negative Announcements 1. Zhejiang Supor Performance Report: Net profit for the first half of the year was 8.68 billion yuan, a 7.7% decrease year-on-year 2. Daqian Ecology & Environment Group: Suyuan Technology plans to reduce its stake in the company by not more than 3% 3. Porton Pharma Solutions: Shareholder Tao Rong was released on bail pending trial for bribery case involving non-state personnel. Business Performance 1. Semight Instruments: Net profit for the first half of the year is expected to increase by 801.96% to 925.75% year-on-year 2. Shandong Yisheng Livestock & Poultry Breeding: Net profit for the first half of the year increased by 4897.29% year-on-year, plans to distribute 1.5 yuan per 10 shares 3. CSG Digital Power Grid Research Institute: Net profit for the first half of the year is expected to increase by 1051.24% to 1511.74% year-on-year This article is reprinted from "Tencent Self-selected Stocks", GMTEight editor: Xu Wenqiang.