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Fluctuations in oil prices have triggered widespread price increases in the automotive aftermarket. JD.com Auto announced the formation of a 618 Supply Assurance Alliance, partnering with brands to ensure stable supply and pricing.
Sina Tech News, May 28 evening — JD.com Auto held its Partner Conference today in Beijing. At the event, JD.com Auto announced the formation of the 'JD.com Auto 618 Assurance Alliance' together with leading automotive aftermarket brands including Mobil, Shell, Castrol, Continental, Giti, and Chaoyang. In response to current industry challenges such as supply chain volatility, unstable end-market pricing, and weak consumer confidence, the alliance will implement four key assurances—product availability, pricing stability, quality control, and service reliability—during JD.com’s 618 shopping festival to provide stable support for offline store operations and vehicle maintenance expenditures by car owners. Recently, international crude oil prices have continued to fluctuate upward, triggering a ripple effect across the automotive aftermarket. Shi
Chaoyang Technology: First Quarter Report for 2026
The dual challenges of electrification transformation and rising raw material costs prompt tire companies to crowd into the new energy sector.
According to the report by MyDrivers on April 2nd, the tire market in 2026 is caught in a dual challenge of rising costs and industry transformation. Since the escalation of tensions in the Middle East, the cost of raw materials for the tire industry has continued to rise, leading to an increase in manufacturing costs for companies. "Due to the impact of rising oil prices, the costs of natural rubber, synthetic rubber, and carbon black, which are key raw materials for the tire industry, have indeed increased, creating certain pressures. However, we have not yet adjusted prices in the end-user consumer market," a staff member from Continental Tires recently stated. Amid short-term pressures from continuously rising raw material prices, the tire industry is also facing long-term transformations driven by new energy vehicles.
Chaoyang Technology (002981.SZ) plans to issue convertible bonds to raise no more than 520 million yuan.
Chaoyang Technology (002981.SZ) disclosed a preliminary plan for the issuance of convertible corporate bonds to unspecified investors. The company plans to issue convertible corporate bonds with a total fundraising amount not exceeding 520 million yuan (inclusive), and the initial conversion price will be no less than the higher of the 20-trading-day average stock price or the previous trading day's average stock price as stated in the prospectus announcement.
The latest QFII holdings data has been released, showing the movements of Middle Eastern capital. Trends from Europe and the US have also emerged.
① As of March 22, 41 companies have appeared on the list of major QFII holdings; ② New positions and portfolio adjustments are being made simultaneously, gradually clarifying the investment focus of foreign capital; ③ Pharmaceuticals and technology manufacturing have become the main areas of QFII deployment.
Chaoyang Technology (002981.SZ): In 2025, Starlink Technology successfully delivered products in the energy storage and industrial robotics sectors.
Gelonghui, March 19th | Chaoyang Technology (002981.SZ) recently stated in an earnings briefing that the connector products of its subsidiary, Xinglian Technology, are mainly applied in areas such as industrial robotics, energy storage, new energy vehicles, and consumer electronics. The company's management team is actively engaged in resource integration, customer expansion, and product development. In 2025, Xinglian Technology delivered some products in the fields of energy storage and industrial robotics; in 2026, it will focus on promoting customer cooperation and product implementation in the energy storage and new energy vehicle sectors. Currently, Xinglian Technology’s revenue scale is relatively small and does not significantly impact the company’s operating performance.