The three major A-share indices collectively fell at midday, while AI application concepts surged

36Kr learned that the three major A-share indices collectively fell during the midday break, with the Shanghai Composite Index down 0.56%, the Shenzhen Component Index down 0.43%, and the ChiNext Index down 0.43%; the AI application concept surged, with stocks like ZHI-TECH, ISS, and Vision China hitting the daily limit, and Zhongwen Online rising over 6%; the semiconductor sector strengthened, with Longxun Co., Ltd. and Dawei Co., Ltd. hitting the daily limit; lithium battery and energy storage concepts saw significant declines, with Huasheng Lithium Battery down over 13%, and Putailai and Duofuduo down over 8%

Putailai New Energy Tech To Invest In Film Coating Project

Shanghai Putailai New Energy Technology Group Co Ltd :SAYS IT PLANS TO INVEST 2.5 BILLION YUAN ($350.98 million) IN FILM COATING PROJECT($1 = 7.1230 Chinese yuan renminbi)

Putailai released its performance for the first three quarters, with a net profit attributable to the parent company of 1.7 billion yuan, a year-on-year increase of 37.25%

According to the Zhitong Finance APP, Putailai disclosed its third-quarter report for 2025. The company achieved a revenue of 10.83 billion yuan in the first three quarters, a year-on-year increase of 10.06%; the net profit attributable to the parent company was 1.7 billion yuan, a year-on-year increase of 37.25%; the net profit excluding non-recurring gains and losses was 1.59 billion yuan, a year-on-year increase of 39.82%; the basic earnings per share were 0.80 yuan

Shanghai Putailai New Energy Technology Q3 net profit up 69.3% Y/Y

Shanghai Putailai New Energy Technology Q3 net profit up 69.3% Y/Y

In the third quarter, Putailai reported revenue of 3.74 billion yuan and a net profit of 644.5 million yuan