Data from Wind Information shows that since March, close to 350 listed companies have undergone institutional research, spanning several high-interest sectors including semiconductors, new energy, and information technology. Specifically, ten listed companies each hosted over one hundred institutional visits, with DaJin Heavy Industry Corporation, Blue Sail Medical Co., Ltd., and ACM Research (Shanghai), Inc. emerging as key targets of institutional focus.
The focus of these institutional inquiries primarily centered on interpretations of corporate operating performance for 2025, potential development opportunities in 2026, and assessments of industry prospects. Taking DaJin Heavy Industry Corporation as an example, whose main business concentrates on the production and sale of wind power towers and steel structures for thermal power boilers, it achieved total operating revenue of 6.174 billion yuan in 2025, a year-on-year increase of 63.34%. Its net profit attributable to parent company shareholders reached 1.103 billion yuan, surging 132.82% year-on-year, marking its best historical operating performance.
A representative from the company stated that 2025 represented a leapfrog development phase. The company's products and services have gradually expanded from manufacturing foundational equipment for offshore wind power to areas including oceangoing special transport, ship design and construction, and operation of wind power hub ports. It has further strategically positioned itself in new energy development and operation businesses, achieving a transformation and upgrade from a product supplier to a systems service provider.
Concurrently, against the backdrop of rising interest in cutting-edge fields like embodied AI, benefiting from expanding demand in the smart terminal market and accelerated production capacity release, Orbbec Inc. achieved total operating revenue of 941 million yuan in 2025, a 66.66% increase year-on-year, with a net profit of 127 million yuan.
A representative from the company indicated that by continuously driving R&D efficiency improvements and optimizing operational models, and leveraging rapid development in various AI edge application fields (including 3D scanning, robotics, etc.), the company has established a positive cycle of "technology iteration — accelerated mass production — cost optimization." The strategic advantages derived from its technological edge and economies of scale are expected to drive future profitability and business structure upgrades, unlocking long-term value growth potential.
Some companies are actively cultivating second growth curves. A representative from Huizhou Desay SV Automotive Electronics Co., Ltd. mentioned that the company is currently advancing deep cooperation and implementation with several embodied AI enterprises and has successfully secured designated orders for robot domain controller projects. Related products are planned for mass production and delivery in 2026, thereby accelerating the expansion of the company's domain control technology capabilities into the emerging embodied AI sector and further refining its business layout in the smart technology field.
Within the semiconductor equipment sector, the ongoing recovery in industry sentiment is a major point of institutional interest. A representative from Gltech Co., Ltd. noted that semiconductor business shipments for the first quarter of 2026 showed significant growth compared to the same period last year, with customer pickup speed and volume continuing the positive trend observed in the second half of 2025.
ACM Research (Shanghai), Inc. also maintains an optimistic outlook on the industry's prospects. A company representative stated that, building on the continuous improvement of existing equipment, the company is actively accelerating the market introduction of new products. Over the next two to three years, the memory and logic sectors are expected to remain in a construction cycle. The company holds an optimistic view of future industry trends and remains positive about the prospects of China's semiconductor consumer market.
A research director from a Beijing-based technology firm commented, "When screening research targets, institutions typically consider multiple factors comprehensively, including a company's fundamentals, industry development prospects, and market sentiment. Investors can also gain insights into market trends by observing the sectors that institutions are focusing on."
An industry expert noted, "Judging from the direction of institutional research, sectors like semiconductors, new energy, and artificial intelligence have become key focuses, reflecting a convergence of industry trends and capital preference. On one hand, these related industries benefit from technological advancement and policy support, leading to continuously improving sentiment. On the other hand, listed companies are gradually validating their growth narratives through performance delivery and business expansion, which enhances institutional willingness to allocate capital."
Comments