[Zhiguang Electric's profit forecast increases] At the beginning of the 15th Five Year Plan in 2026, State Grid and Southern Power Grid launched a nearly 5 trillion yuan investment plan, with energy storage becoming a key development focus. Zhiguang Electric announced on the evening of January 27th that it expects a net profit attributable to the parent company of 110 million to 160 million yuan in 2025, a year-on-year increase of 133.69% to 149.01%, achieving a turnaround from losses to profits, mainly due to the rapid development of energy storage business and significant growth in orders and revenue. The company's cascaded high-voltage energy storage system is adapted to the three major upgrade areas of the power grid and has been successfully implemented in energy storage projects in Inner Mongolia, Gansu and other places. It is expected to further grow in the new round of power grid construction.Editor/Gao Xue

Click to see more live >>

• 2026.04.03 16:07
• [The domestically produced largest diameter hard rock TBM is offline]
• On April 3, 2026, the domestically developed maximum diameter 13.2-meter hard rock TBM by CCCC Tianhe started construction in Changshu. The machine is equipped with 7600 domestically produced rare earth special steel main bearings developed by the Institute of Metals, Chinese Academy of Sciences, with a rated life of over 15000 hours and performance exceeding imports. This move marks China Communications Construction Corporation's first achievement of 100% localization of core components for ultra large diameter tunneling machines, completely bridging the last mile of national production of major underground engineering equipment in China.Editor/Cheng Liting

• 2026.04.03 15:53
• [China Kazakhstan's $125 million large order landed]
• At the Export to China SCO Choice Forum, Kazakh companies signed a $125 million agricultural export agreement with Chinese partners. Changsha Kaliev, the Minister of Trade of Kazakhstan, led a delegation to visit Shandong to deepen industrial and logistics cooperation. As the largest trading partner, the bilateral trade volume between China and Kazakhstan is expected to increase from 41 billion US dollars in 2023 to 48.7 billion US dollars in 2025, with Shandong's trade volume reaching 2.2 billion US dollars. Both sides are shifting from scale expansion to quality and efficiency improvement, with a focus on promoting the export of high value-added, non resource, and green technology products to ensure supply chain stability.Editor/Cheng Liting