Huicheng Environmental (300779.SZ): Company Currently Has No Plans for Space Debris Recycling

According to a Hong Kong Wind News report, Teijin announced its Q3 FY2026 financial results for the period ending December 31, 2025, showing total revenue of ¥659.878 billion, a year-on-year decrease of 12.73%. The loss attributable to shareholders was ¥58.97 billion, compared to a profit of ¥50.98 billion in the same period last year, representing a shift from profit to loss. The company is primarily engaged in the manufacturing, processing, and sale of chemical products. The Advanced Fibers and Composites segment is involved in the manufacturing and sale of aramid fibers (such as yarns, staple fibers, and woven or knitted fabrics), carbon fiber products, and polyester fibers (industrial materials). The Electronic Materials and Chemicals segment deals with the manufacturing and sale of films, resins, and resin products. The Healthcare segment is involved in the pharmaceutical business and the sale of pharmaceuticals and home medical equipment, as well as the clinical development of new drugs. The Product Processing segment is engaged in the planning, processing, and sale of textile products. The Other segments include the operation, development, and maintenance of information systems, and the provision of printing services. As of March 31, 2025, the company had 129 consolidated subsidiaries and 24 equity-method associates.

Recently, Oriental Yuhong's 1.5mm and 1.8mm reinforced TPO waterproofing membranes have both passed the Class B1 burning performance test for roof covering materials and products under the new mandatory national standard GB 8624-2025 "Classification for Burning Behavior of Building Materials and Products." The company has become the first in the industry to obtain this certification.

The 2026 "No. 1 Central Document"—the *Opinions of the CPC Central Committee and the State Council on Anchoring Agricultural and Rural Modernization and Solidly Promoting Comprehensive Rural Revitalization*—has been released. The document proposes taking multiple measures to expand rural consumption. Support will be provided to expand and upgrade rural consumption, improve consumption facilities and service levels, and cultivate new business formats, models, and scenarios such as harvest fairs, intangible cultural heritage workshops, and leisure camping. The document calls for supporting the construction and renovation of circulation infrastructure at the county, township, and village levels to reduce costs and increase efficiency for trade and logistics in rural and remote areas. It encourages bringing new energy vehicles, smart home appliances, and green building materials to the countryside, while improving the recycling system for renewable resources such as used household appliances and furniture in rural areas. Furthermore, the document emphasizes strictly cracking down on the production and sale of counterfeit and substandard goods in rural areas in accordance with the law.

Huicheng Environmental Protection (300779.SZ) stated on an investor interaction platform that the company currently has no plans to recycle waste in space.

Junkosha is showcasing a range of new etched PTFE liner tubing products at MD&M West in Anaheim, California this week, designed to meet the evolving application demands of the peripheral vascular market. Among the new products, Junkosha has launched etched PTFE liner tubing with an inner diameter of up to 0.2 inches (5 mm), facilitating the research and development of large-bore device delivery systems.