Polysilicon most-active contract continues to rally, up over 3% at 34,070 yuan/ton.

The main polysilicon futures contract continued to rise, currently up over 3% to 34,070 yuan/ton.

CAOCAO has signed a strategic cooperation agreement with Zhuhai's Xiangzhou district to deliver a land-air integrated smart mobility pilot. CAOCAO's first autonomous vehicle test units are due to enter designated Xiangzhou road sections for on‑site validation, with plans to progressively scale its AV fleet. The deal also covers construction of an integrated operations hub dubbed "Green Intelligent Transit Island" combining automated battery swap, intelligent quality inspection and remote dispatch, and reserves space for low‑altitude aircraft takeoff and landing.

Since late July, consumer graphics card prices in China have jumped sharply; some popular models rose by several hundred yuan within days and high-end cards have gained about 1,000 yuan. Merchants and sell-side analysts cite rising upstream memory costs, pauses in bulk shipments by some AIC manufacturers and tighter channel spot supply; retailers are buying on order rather than stocking after earlier memory-driven inventory losses. Ma Liang, chief technology analyst at SDIC Securities, said expanding AI compute demand is prompting memory makers to prioritize higher‑margin HBM capacity, squeezing GDDR6/GDDR7 supply, lifting memory chip prices and pushing GPU production costs higher.

Chinese robotics firm Dema Technology has finalized plans for an embodied-intelligence robotics industrial park. The project is designed to align with the company’s embodied-intelligence strategy and create a full business matrix covering core component design and production, system integration of embodied-robot bodies, and vertical-domain large models and data assetization, aiming to coordinate hardware manufacturing, body innovation, system integration and data intelligence.

Individual Stock News 1. Concord New Energy (00182.HK) signed a power purchase agreement with Tesla. 2. Huaxida (00901.HK) issued a profit warning: expecting interim net profit to increase by 70% to 80% year-on-year. 3. GigaDevice (03986.HK) and Montage Technology (06809.HK) were added to the Hang Seng China Enterprises Index. 4. Shanghai Auntie (02589.HK) announced interim results: adjusted profit of approximately RMB 345 million, an increase of 41.6% year-on-year. 5. Ingdan Innovation (00400.HK) expects first-half revenue of approximately RMB 12 billion to RMB 14 billion, an increase of 80% to 100% year-on-year. 6. Hygon Semiconductor (01191.HK) has finalized chip procurement arrangements for 2027 with upstream independent third-party core chip suppliers. 7. Rico Bio-B (02179.HK) issued a profit warning: It expects a loss attributable to shareholders of RMB 201-222 million for the first half of the year, narrowing by approximately 34.71% to 40.93% year-on-year. 8. Xinyi Glass (00868.HK) announced its interim results: Profit attributable to equity holders is approximately RMB 1.184 billion, a year-on-year increase of 16.9%, with a dividend of HKD 0.15 per share. 9. Xunze (03317.HK) issued a profit alert: It expects a significant year-on-year increase in revenue of approximately 388.76% for the first half of the year, with adjusted net profit of approximately RMB 67 million, turning a loss into a profit compared to the same period last year. 10. Lenovo Holdings (03396.HK): It expects net profit of no less than RMB 2 billion for the first half of this year, an increase of 186% year-on-year. 11. Huanghe Industry (00318.HK): The publication of its 2026 full-year results has been postponed, and trading in its shares is suspended. 12. Insilicon Technologies (03696.HK): ISM8969/HT-001 has been approved by the National Medical Products Administration for clinical trials of new drugs for the treatment of Parkinson's disease.