The window for A-share interim report performance forecasts has quietly opened following the conclusion of the 2025 annual reports and 2026 first-quarter reports. Since April 29, four listed companies have disclosed their performance forecasts for the first half of 2026, covering sectors such as consumer electronics, precision manufacturing, and soft magnetic materials. Notably, three of these four companies are new listings that went public in May this year—C Tianhai, C Weitongli, and Chunguang Group. Additionally, the established consumer electronics leader Luxshare Precision has delivered impressive results.
As a core supplier in the Apple supply chain, Luxshare Precision expects to achieve attributable net profit between 7.84 billion yuan and 8.106 billion yuan for the first half of 2026, representing a year-on-year increase of 18% to 22%. This continues the growth momentum observed since the first quarter. The 2026 first-quarter report showed that Luxshare Precision achieved revenue of 83.888 billion yuan, up 35.77% year-on-year, with attributable net profit of 3.66 billion yuan, a 20.24% increase year-on-year.
In terms of business structure, consumer electronics, as the foundational segment, maintained steady growth of 13.37%. The communication and data center business grew by 33.81% year-on-year, while the automotive electronics business surged by 185.34% year-on-year.
Recently, at a performance briefing, Luxshare Precision's Chairman and General Manager Wang Laichun stated, "Building upon our existing overseas production capacity in countries like Vietnam, and with the successful integration following the acquisition of LEONI, our manufacturing footprint now spans five continents globally, encompassing over a hundred production bases. This layout aligns with customers' urgent demands for globalized and localized delivery."
"In 2025, the company successfully consolidated LEONI's accounts. Leveraging LEONI's global production capacity has significantly reduced the time and costs associated with the company's overseas factory construction, while also enabling full access to the supply chains of mainstream overseas automotive manufacturers through LEONI," analyzed researcher Hu Jian from Guohai Securities.
Three newly listed companies have issued their interim report performance forecasts. On the morning of May 18, C Tianhai was listed. Its prospectus indicates that C Tianhai's automotive wiring harness business ranks first among domestic independent brand automakers, and its automotive connector business consistently holds a top-three position domestically. The company primarily produces automotive wiring harnesses, connectors, automotive electronics, and other products, widely used in the manufacturing of new energy vehicles and traditional fuel vehicles. Its customer base covers globally renowned automakers such as General Motors, Ford, and Volkswagen, as well as well-known domestic automotive brands.
The interim performance forecast shows that C Tianhai expects to achieve a net profit between 305 million yuan and 337 million yuan for the first half of 2026, with a year-on-year growth range of -3.12% to 7.05%. This data suggests the company's operations have remained generally stable during the first half.
In the same week as C Tianhai's listing, on May 15, C Weitongli also went public on the Shenzhen Stock Exchange Main Board. As a leading enterprise in China's electrical connection sector, C Weitongli's downstream customers include top domestic and international industry players such as Siemens, Schneider, ABB, BYD, Goldwind Technology, and CRRC.
However, unlike C Tianhai's steady profitability continuation, C Weitongli's performance forecast indicates signs of short-term pressure. The company expects to achieve a net profit between 121 million yuan and 130 million yuan for the first half of 2026, representing a year-on-year decrease of 6.42% to 12.9%.
Furthermore, Chunguang Group was listed on the Shenzhen Stock Exchange ChiNext board on May 11. The company is a high-tech enterprise specializing in the research, development, production, and sales of soft ferrite magnetic powder. As a leader in China's soft ferrite magnetic powder industry, the company has established a vertically integrated industrial chain encompassing "magnetic materials—magnetic components—electronic components—intelligent power supplies."
The 2026 interim performance forecast shows the company expects to achieve a net profit between 63.28 million yuan and 75.93 million yuan for the first half, representing a year-on-year increase of 8.14% to 29.76%.
On its first trading day, Chunguang Group's stock price surged 543.23% at the opening, closing at 97.50 yuan per share. Although the stock experienced fluctuations in the following trading days, its price overall remained at high levels. On May 18, the stock hit a 20% daily limit increase, with a turnover rate of 54.3% for the day. On that day, five institutional seats collectively recorded a net purchase of 314 million yuan.
Regarding investment strategy, a Shanghai-based private fund manager stated on the 18th, "The interim report performance forecast is one of the most important windows during the year. Investors may focus on stocks with forecasted interim report growth rates exceeding 50%, as holding them for a period could yield favorable returns."
Comments