Hang Zhou Iron & Steel (600126)
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Hang Zhou Iron & Steel (600126) News
Express News | Market Wrap: All three major indices rose sharply before retreating; humanoid robot concept stocks strengthened against the market trend.
Markets rose initially but then pulled back, with the Shenzhen Component Index and the STAR 50 Index turning negative again in the afternoon. Combined trading volume on the Shanghai and Shenzhen stock exchanges amounted to RMB 2.32 trillion, down RMB 202.1 billion from the previous trading day. Market sentiment was fragmented, with over 3,700 stocks declining across the market. In sector performance, robot-related stocks gained strength in the afternoon, with Jilun Intelligent, Beite Technology, and Siling Zhiqu hitting their daily trading limits. MLCC-related stocks rallied intraday, led by Shuangxing New Materials, Jiemei Technology, and Guofeng New Materials, all reaching their daily upside limits. Innovative drug stocks remained active throughout the session, with Baihua Medicine achieving its sixth consecutive daily limit up, while Gan & Lee Pharmaceuticals and W&B Pharma also reached their daily trading caps. Pharmaceutical retail stocks showed strong performance, with Kaikai Industrial securing its fourth straight daily limit up and Laobaixing Pharmacy also hitting its daily cap. Computing power leasing stocks surged sharply during the session, with Hangzhou Steel Co., Ltd. and Hongbo Shares surging straight to their daily trading limits. On the downside, nonferrous metals stocks retreated, with CMOC Group, Western Mining, and Chifeng Gold all posting significant declines. As of the close, the Shanghai Composite Index fell 0.82%, the Shenzhen Component Index dropped 0.4%, and the ChiNext Index edged up 0.34%.
Express News | Midday Market Review: ChiNext Index Rises Over 1% in Morning Session; MLCC and Pharmaceutical Sectors Rally Collectively
Markets oscillated upward in the morning session, with the ChiNext Index and Shenzhen Component Index turning positive in succession. Combined turnover for the Shanghai and Shenzhen stock exchanges reached RMB 1.52 trillion in the first half of the trading day, down RMB 215.3 billion from the previous session. Market hotspots rotated rapidly, with more than 3,100 stocks declining across the market. By sector, the MLCC concept continued to gain ground, with Shuangxing New Materials, Jiemai Technology, and Guofeng New Materials hitting their daily trading limits, while Yunzhuang Technology rose over 10%. The innovative drugs concept maintained its strength, with Baihua Medicine logging its sixth consecutive daily limit-up, and Gan & Lee Pharmaceuticals and Wanbang Pharmaceuticals also reaching their daily limits. The pharmaceutical retail concept remained active, with Kaikai Industrial securing its fourth straight daily limit-up, and Laobaixing and Yixintang both closing at their daily limits. The computing power leasing concept saw an intraday surge, with Hangzhou Steel Group and Hongbo Shares rocketing to their daily trading limits. On the downside, the nonferrous metals sector retreated, with Hanye Cobalt, Zijin Mining, and Shenghe Resources all posting sharp declines. As of the midday close, the Shanghai Composite Index fell 0.05%, the Shenzhen Component Index rose 0.65%, and the ChiNext Index gained 1.41%.
Express News | Quick Market Commentary at 10:30 AM: Trading Volume Contracts Again, Thematic Rotation Accelerates
Markets rebounded with volatility in the morning session, with the ChiNext Index and Shenzhen Component Index turning positive in succession, while the loss of the STAR 50 Index narrowed significantly. In terms of trading volume, the combined turnover of the two markets in the first hour declined by RMB 275.8 billion, suggesting a projected full-day volume of RMB 22.5 trillion. Currently, more than 3,400 stocks are trading lower. Sector-wise, thematic rotation remains rapid: the MLCC concept continued to gain ground, with Shuangxing New Materials, Jiemei Technology, and Guofeng New Materials hitting their daily trading limits, and Yunzhuang Technology rising nearly 10%. The pharmaceutical retail segment showed persistent strength, with Kaikai Industrial achieving its fourth consecutive limit-up, Diyi Pharmaceutical securing its second straight limit-up, and Laobaixing and Yixintang also reaching their daily highs. The computing power leasing theme surged mid-session, with Hangzhou Steel Group and Hongbo Shares rocketing to their upper limits. Other rotating sectors included power, pharmaceuticals, oil & gas, film & television, and industrial machine tools.
Express News | Computing Power Leasing Concept Rebounds from Lows; Zhongjia Bochuang Hits Limit Up Three Times in Five Days
In early trading, the computing power leasing concept rebounded from intraday lows, with Zhongjia Bochuang hitting the daily trading limit three times in five days. Previously, Meiliyun posted two consecutive limit-ups, followed by gains in Litong Electronics, Yangdian Technology, Eastone Century, and Hangzhou Iron & Steel Co., Ltd. On the news front, the computing power sector received fresh catalysts: Kimi suspended new C-end user subscriptions due to computing capacity shortages, and Meta plans to lease computing power to Anthropic under a contract capped at USD 10 billion. The Ministry of Industry and Information Technology (MIIT) stated it will issue guidelines for building a computing power standards system, promoting standards for evaluating computing service capabilities and market-based pricing of computing resources.
Hangang Shares: Hangzhou Iron & Steel Co., Ltd. 2026 Semi-Annual Performance Forecast
Hangzhou Iron and Steel Co., Ltd. (SHA: 600126) issued a profit forecast, expecting net profit attributable to shareholders of RMB 12.6 million for the first half of the year, marking a return to profitability from prior losses.
Hangang Co., Ltd. (SHA: 600126) announced that the company expects to report a net profit attributable to owners of the parent of approximately RMB 12.6 million for the first half of 2026, turning profitable compared to the same period last year (based on statutory disclosed figures).
Hangzhou Iron & Steel Co., Ltd. (600126.SH) 2025 Annual Dividend Distribution: RMB 0.005 per share
Gelonghui, June 22 — Hangzhou Iron & Steel Co., Ltd. (SHA: 600126) announced its 2025 annual profit distribution implementation notice. The cash dividend will be distributed based on the company's total share capital of 3,377,189,083 shares as of the record date, amounting to RMB 0.005 per share (inclusive of tax), for a total cash dividend payout of RMB 16,885,945.42. The record date for this rights distribution is June 26, 2026, and the ex-dividend date is June 29, 2026.
Express News | The computing power rental concept continues to plummet, with ZheShu Culture and ChaoXun Communications both hitting the daily limit down.
The computing power rental concept continues to plummet, with ZheShu Culture and ChaoXun Communications both hitting the daily limit down. Hanggang Shares approached the limit down, while QingCloud Technology, UCloud, Wangsu Science & Technology, Capital Online, Hongjing Technology, and Chengdi Xiangjiang posted significant declines.
Announcement by Hangzhou Iron & Steel Co., Ltd. on Operating Data for the First Quarter of 2026
First Quarter Report of Hangzhou Iron & Steel Co., Ltd. for 2026
Q1 Turnaround to Profitability: Hanggang Co., Ltd. Advances Data Center Project with 6,908 Cabinets Already Operational | Earnings Report Analysis
① Hanggang Co., Ltd. reported revenue of 7.693 billion yuan in Q1 2026, a year-on-year decrease of 46.71%. The company's attributable net profit reached 9.6076 million yuan, reversing previous losses to achieve profitability; ② The turnaround was mainly driven by significant reductions in losses at Ningbo Iron and Steel and increased profitability in the digital economy sector, as low-margin recycling businesses have been divested; ③ Data center construction is accelerating, with the Zhejiang Cloud Computing Project having already put 6,908 operational cabinets into service, and the digital industry continues to contribute incremental growth.
Express News | The concept of computing power leasing rebounds with fluctuations, and Zhejiang Digital Culture hits the price limit.
The concept of computing power leasing rebounds with fluctuations, led by Alibaba Cloud's upward trend. Zhejiang Digital Culture hits the price limit, following Zhongjia Bochuang's re-sealing of the price limit. Hangzhou Steel Group, Annoqi, Zhejiang Cultural Interconnection, Parallel Technology, and others surged. According to media reports citing four informed sources, Tencent Holdings and Alibaba Group are in talks to invest in DeepSeek. DeepSeek is currently seeking to raise funds at a valuation exceeding 20 billion US dollars.
Hanggang Co., Ltd. (600126.SH): Received a government subsidy of 13.45 million yuan
Gelonghui, April 23rd - Hanggang Co., Ltd. (600126.SH) announced that Ningbo Ninggang International Trade Co., Ltd., a subsidiary of its subsidiary, recently received a government subsidy of 13.45 million yuan. This subsidy is related to income and accounts for 55.72% of the company's most recent audited net profit attributable to shareholders of the listed company.
Express News | 14:00 Quick Review: Divergence in ChiNext Index's Yellow and White Lines, Short-Term Sentiment Shows Signs of Recovery
The market continued its volatile upward movement, with the three major indices reaching new intraday highs in the afternoon session. The Shanghai Composite Index briefly surpassed the 4,100-point mark. Led by heavyweight stocks in computing hardware, the ChiNext Index rose more than 1.5%, showing divergence between the yellow and white lines. Notable gainers included Xinyi Sheng and Zhongji Xuchuang, both hitting record highs. In terms of trading volume, market activity increased, with a surge of 66.2 billion yuan in the first hour of trading. The total daily turnover is expected to reach 2.51 trillion yuan. In the afternoon session, sector rotation persisted, with the concept of computing power leasing continuing to strengthen. Xiechuang Data and Hongjing Technology surged over 15%, setting new all-time highs, while Hangzhou Steel Corporation hit the upper limit. In the short-term trading space, sentiment showed signs of recovery, with high-profile stock Vog Optoelectronics staging a rebound to close at the upper limit, marking its sixth涨停板in ten days. Zhuye Group also rebounded strongly to hit the涨停板.
Hang Zhou Iron & Steel Expects Up to 20 Billion Yuan in Daily Related-Party Transactions in 2026
Hang Zhou Iron & Steel (SHA:600126) forecasts its daily related-party transactions will reach 20 billion yuan in 2026, according to a Saturday filing with the Shanghai bourse.
Hangzhou Iron & Steel Proposes to Invest 4 Billion Yuan to Buy Wealth Management Products
Hangzhou Iron & Steel (SHA:600126) proposed to acquire wealth management plans for up to 4 billion yuan, according to a Shanghai bourse filing on Saturday.The iron and steel producer's shares fell 2%
Summary of the 2025 Annual Report of Hangzhou Iron & Steel Co., Ltd.
Hangzhou Iron & Steel Co., Ltd. 2025 Annual Report
Announcement on Key Production and Operation Data for 2025 of Hangzhou Iron & Steel Co., Ltd.
Hanggang Co., Ltd. reported revenue of 52.327 billion yuan in 2025, a year-on-year decrease of 17.81%, and a net profit attributable to shareholders of 24.139 million yuan, reversing losses to achieve profitability.
The improvement in profitability mainly relied on non-recurring gains and losses amounting to 1.36 billion yuan.