Zhejiang Chenfeng Technology (SHA:603685) will invest a total of 1.31 billion yuan in energy storage power station projects, according to a Wednesday bourse filing in Shanghai.
The company will invest 660.4 million yuan in the Beiwang Xineng Kailu County 800 megawatt-hour grid-side independent new energy storage power station demonstration project and 654.6 million yuan in the Zuozhong Energy Storage Power Station Project in Tongliao City, China.
Lotus Health (SHA:600186) directors approved subsidiary Hangzhou Lotus Technology Innovation's capital increase in Shanghai Jieyue Xingchen Intelligent Technology by up to 300 million yuan.The investee is a software and information technology company.
China Petroleum Engineering's (SHA:600339) newly signed contracts reached 40.1 billion yuan in April, according to a Wednesday bourse filing in Shanghai.For the first four months of 2026, newly signed contracts grew 70% to 71.8 billion yuan.Overseas contracts increased 54% to 3.84 billion yuan, while domestic ones rose 46% to 3.34 billion yuan.
Fitch Ratings rated TCL Electronics' (HKG:1070) long-term foreign- and local-currency issuer default ratings at BBB-, according to a Wednesday note by the debt watcher.The ratings reflect the appliance maker's growing market share for its televisions as it has become the second-largest global manufacturer of TVs by shipments, the report said.Fitch's outlook on TCL Electronics' ratings is stable, reflecting a rise in its TV business in the next two to three years.Lesser volatility in its upstream panel costs will help bolster its profit margin amid high memory and energy expenses, Fitch said.Worldwide shipments of TVs could remain stable at 200 million, but TCL Electronics' dominance in the mini-LED TV market should help sustain its growth beyond industry standards, Fitch said.