Sichuan Huiyuan Optical Communication (SHE:000586) terminated a private placement of its shares, according to a Monday filing with the Shenzhen bourse.
The company cited macroeconmic and capital market changes in its termination of the sale.
The placement would have raised up to 610 million yuan from the sale of 53.6 million shares to Dingyun Indsutry, contorlled by Chairman Li Hongxing, at 11.37 yuan apiece, according to a Nov. 18, 2025 filing.
Geely Automobile (HKG:0175) reported sales of 237,637 vehicles in May, up 1% from 235,208 units a year earlier, according to a Monday Hong Kong bourse filing.Of the total, Geely-branded sales slipped 3% to 182,528 units, including 81,727 Galaxy units, which were down 20% from a year ago.ZEEKR deliveries rose 82% to 34,377, while Lynk & Co. sales slid 25% to 20,732.For the five months ended May 31, sales grew 1% to nearly 1.2 million vehicles.
Beijing Oriental Yuhong Waterproof Technology (SHE:002271) subsidiary Oriental Yuhong Indonesia will purchase a 55% stake in two Indonesian building material companies for 1.426 trillion Indonesian rupiah, according to a Saturday filing with the Shenzhen bourse.Oriental Yuhong Indonesia will inject capital to purchase 14.47%, or 3 million newly issued shares, and 40.53% of existing shares in Inter Aneka Lestari Kimia or PTIALK from sellers Unichem Indomulia and Herman Moeliana for 859.5 billion rupiahs.Yuhong's Indonesian arm will then purchase a 55% stake in Adhi Cakra Utama Mulia, which sells PTIALK's products, for 259.9 billion rupiahs.