Electronics Sector Sees Surge in Buybacks: 30 Firms Complete Repurchases, Top Performer Reports 1290% Profit Growth

Deep News11-18

Amid this year's stock buyback wave, repurchases aimed at market value management have notably increased. Within the electronics sector, 30 companies have completed share repurchases, with 24 explicitly targeting market capitalization enhancement.

Jiangxi Lian Chuang Optoelectronic Science And Technology Co.,Ltd. (600363.SH) recently disclosed changes in its controlling shareholder's stake following share cancellation for market value management purposes. Wind data shows that as of November 17, 30 electronics firms have completed buybacks via centralized bidding, primarily for market value management (24 companies), employee incentive plans, or equity incentives.

Among these 30 companies, Boe Technology Group Co.,Ltd. (000725.SZ), Jiangxi Lian Chuang Optoelectronic, Guangzhou Sanfu New Materials Technology Co.,Ltd. (688359.SH), and Xi'An Manareco New Materials Co.,Ltd. (688550.SH) received institutional investor attention since Q3.

**Key Developments:** 1. **Jiangxi Lian Chuang Optoelectronic** canceled 2.626 million repurchased shares on November 12, reducing total shares from 453.51 million to 450.89 million. This increased its controlling shareholder's stake from 20.89% to 21.01%. The company spent ¥149.42 million (avg. ¥56.9/share) on buybacks between March 4 and November 10. Executive Deng Huixia purchased 15,000 shares (¥856,900) during this period, citing confidence in the company's value.

2. Five electronics firms completed two buyback rounds in 2025, including Jiangxi Lian Chuang Optoelectronic and Xi'An Manareco New Materials. Notably, Xi'An Manareco New Materials repurchased 2.6039 million shares (¥83.99 million total), exceeding its plan by 5.8%.

3. Among the 30 companies, only Guangzhou Sanfu New Materials Technology and two others reported losses in the first three quarters. Industrial leaders like Boe Technology Group Co.,Ltd. and Hon Hai Precision Industry (not in symbols) delivered strong results, with the latter posting ¥603.93 billion revenue and ¥22.49 billion net profit.

4. **Performance Highlights:** - 20 companies achieved revenue growth; 18 saw profit growth. - Top performer reported 1,290.66% net profit growth. - Boe Technology Group Co.,Ltd. recorded 39.03% profit growth.

5. **Institutional Interest:** - 28 companies received institutional visits since Q3. - Boe Technology Group Co.,Ltd. led with 13 surveys, followed by Jiangxi Lian Chuang Optoelectronic (6) and Guangzhou Sanfu New Materials Technology (6).

Analysts highlight Jiangxi Lian Chuang Optoelectronic's leadership in high-temperature superconducting magnets and nuclear fusion projects, with projected 2025-2027 net profits of ¥505 million, ¥768 million, and ¥993 million respectively.

(Note: Mentioned stocks are for illustrative purposes only, not investment advice.)

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