Today's highlights.
1. Yongtai Technology: Net profit for the first three quarters rose 1,221.81% year-on-year, with lithium battery sales surging. Yongtai Technology announced that its third-quarter 2026 operating revenue was 2.328 billion yuan, up 64.07% year-on-year; net profit attributable to shareholders of the listed company was 156 million yuan, up 696.08% year-on-year; net profit after deducting non-recurring gains and losses was 176 million yuan, up 705.69% year-on-year. For the first three quarters of 2026, operating revenue was 6.074 billion yuan, up 50.79% year-on-year; net profit attributable to shareholders of the listed company was 430 million yuan, up 1,221.81% year-on-year; net profit after deducting non-recurring gains and losses was 425 million yuan, up 6,572.64% year-on-year.
2. Hengtong Optic-Electric: Net profit for the first three quarters is expected to increase 151%-168% year-on-year, driven by rising demand and prices in the optical communications market. Hengtong Optic-Electric announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be between 5.97 billion yuan and 6.37 billion yuan, up 151.27% to 168.10% year-on-year; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses is expected to be between 5.94 billion yuan and 6.34 billion yuan, up 153.88% to 170.98% year-on-year. This earnings forecast has not been audited by certified public accountants.
3. Xinrui Co.: Net profit for the first three quarters of 2026 is expected to increase 318% to 355% year-on-year. Xinrui Co. announced that it expects operating revenue for the first three quarters of 2026 to be between 3 billion yuan and 3.3 billion yuan, up 68% to 84% year-on-year; net profit attributable to owners of the parent company to be between 690 million yuan and 750 million yuan, up 318% to 355% year-on-year; net profit after deducting non-recurring gains and losses to be between 705 million yuan and 765 million yuan, up 358% to 397% year-on-year. The earnings growth was mainly driven by factors including improved product gross margins, the company's multi-dimensional coordinated efforts, and revenue and profit contributions from consolidated acquisition targets. The above data has not been audited by certified public accountants.
4. *ST Konka A: The Shenzhen Stock Exchange has decided to terminate its listing, with delisting within five trading days. *ST Konka A announced that the company had previously voluntarily applied for termination of its A-share and B-share listings through a shareholders' meeting resolution; on October 16, 2026, it received the Shenzhen Stock Exchange's decision to terminate its stock listing. The company's shares will be delisted within five trading days from the date the Shenzhen Stock Exchange announces the delisting decision, and will not enter the delisting consolidation period.
5. Shandong Gold: Plans to repurchase company shares for RMB 300 million to RMB 400 million. Shandong Gold announced that it plans to use its own funds and self-raised funds to repurchase its A-share shares through centralized bidding transactions, with a repurchase amount of RMB 300 million to RMB 400 million at a price not exceeding 48.57 yuan per share. The repurchased shares will all be used for cancellation and reduction of registered capital. The plan still needs to be approved by the shareholders' meeting through a special resolution, and the implementation period is within 12 months from the date of approval by the shareholders' meeting.
6. Kingwong Electronics: Chairman proposes repurchasing shares for RMB 50 million to RMB 100 million. Kingwong Electronics announced that Chairman Liu Shaobai proposed on October 16, 2026 that the company repurchase A-shares through centralized bidding transactions, with a total repurchase amount of no less than RMB 50 million (inclusive) and no more than RMB 100 million (inclusive), at a price not higher than 150% of the average trading price of the company's shares over the 30 trading days prior to the board's approval of the repurchase resolution. The repurchased shares are intended to be used for equity incentives and/or employee stock ownership plans, with funds sourced from own funds or self-raised funds.
7. Sihui Fushi: Third-quarter net profit rose 217% year-on-year, with order growth in industrial control, automotive electronics, and communications sectors. Sihui Fushi announced that its third-quarter revenue was 857 million yuan, up 59.78% year-on-year; net profit was 176 million yuan, up 217.22% year-on-year. For the first three quarters, revenue was 2.09 billion yuan, up 49.68% year-on-year; net profit was 264 million yuan, up 101.67% year-on-year. The earnings growth was mainly due to increased orders in industrial control, automotive electronics, and communications sectors.
8. Shengyi Technology: Net profit for the first three quarters is expected to increase 164%-181% year-on-year, with copper-clad laminate sales rising and product revenue and gross profit increasing. Shengyi Technology announced that it expects net profit attributable to owners of the parent company for the first three quarters of 2026 to be between 6.46 billion yuan and 6.87 billion yuan, up 164%-181% year-on-year. In the copper-clad laminate segment, amid rapidly rising raw material prices and sustained high-speed growth in demand for high-end products, the company's early-stage R&D products were brought to market and contributed profits, expanded production capacity was released in a timely and comprehensive manner to support market demand, and the company actively adjusted and optimized its product sales mix, thereby driving up copper-clad laminate sales and increasing copper-clad laminate product revenue and gross profit; returns from external investment projects were considerable, boosting profitability. In the circuit board segment, its subsidiary Shengyi Electronics Co., Ltd. benefited from the high prosperity of the AI computing power sector, anchored itself in the mid-to-high-end segment for continuous deep cultivation, orderly advanced capacity release, deepened technological upgrading, steadily increased the proportion of high-value-added products, and further consolidated its market competitive advantages.
9. Hikvision: Third-quarter 2026 net profit was 5.016 billion yuan, up 36.97% year-on-year. Hikvision announced that its third-quarter 2026 operating revenue was 27.222 billion yuan, up 13.71% year-on-year; net profit attributable to shareholders of the listed company was 5.016 billion yuan, up 36.97% year-on-year; net profit after deducting non-recurring gains and losses was 4.984 billion yuan, up 43.13% year-on-year. For the first three quarters of 2026, operating revenue was 74.044 billion yuan, up 12.60% year-on-year; net profit attributable to shareholders of the listed company was 12.911 billion yuan, up 38.55% year-on-year; net profit after deducting non-recurring gains and losses was 12.696 billion yuan, up 41.52% year-on-year.
10. OmniVision Group: Plans to repurchase shares for 250 million yuan to 500 million yuan. OmniVision Group announced that it plans to use its own funds and/or self-raised funds to repurchase A-share shares through centralized bidding transactions, with a repurchase amount of no less than 250 million yuan and no more than 500 million yuan, at a price not exceeding 120 yuan per share. The repurchased shares will be used to implement employee stock ownership plans or equity incentives, and the repurchase period is no more than 3 months from the date of approval by the board of directors.
11. Victory Giant Technology: Actual controller proposes repurchasing 150 million to 300 million yuan of A-share shares. Victory Giant Technology announced that the company's actual controller and chairman Chen Tao proposed that the company repurchase some A-share stocks through centralized bidding, with a total repurchase amount of no less than 150 million yuan and no more than 300 million yuan. The repurchased shares will be used for employee stock ownership plans or equity incentives.
12. Haike Xinyuan: Expected net profit for the first three quarters of 2026 is 630 million yuan to 642 million yuan, turning profitable year-on-year. Haike Xinyuan announced that it expects net profit attributable to the parent company for the first three quarters of 2026 to be 630 million yuan to 642 million yuan, compared with a loss of 128 million yuan in the same period last year, turning profitable year-on-year; net profit after deducting non-recurring gains and losses is 623 million yuan to 635 million yuan, compared with a loss of 136 million yuan in the same period last year, turning profitable year-on-year. The earnings growth was mainly due to improving conditions in the two major business segments of new energy and consumer chemicals, with increased demand, prices, and profit contributions from related products. The earnings forecast data has not been audited.
13. Lianmei Holdings: The company and related shareholders received investigation notices from the CSRC. Lianmei Holdings announced that the company and shareholders Lianmei Group, Lhasa Hetai Decoration, Shenyang Infineod Technology, and Shanghai Meiji Information Technology respectively received investigation notices issued by the CSRC on October 16, 2026. Due to suspected failure to submit relevant reports or fulfill information disclosure obligations as required, the CSRC decided to open an investigation. According to the shareholders' self-examination, this investigation involves matters related to possible concerted action relationships among them. Currently, the company's control is stable, operations and financial conditions are normal, and this investigation has no impact on the company's production and operations.
14. Hemai Co.: The company and Huarong Financial Leasing terminated a 1 billion yuan cooperation. Hemai Co. announced that in May 2025, the company and its wholly-owned subsidiary signed a household photovoltaic cooperation agreement with Huarong Financial Leasing with an expected cooperation scale of 1 billion yuan. Recently, both parties reached a consensus and signed a termination agreement to terminate the cooperation early; as of the announcement disclosure date, the cumulative cooperation scale was approximately 162 million yuan, and the actual execution of confirmed orders and operation and maintenance services will not be affected.
15. *ST Sitong: Approved to remove delisting risk warning in 2026, daily price limit remains 10%. *ST Sitong announced that the company had previously applied to remove the delisting risk warning, and the Shanghai Stock Exchange agreed on October 16, 2026. The company's shares will be suspended from trading for one day on October 19, 2026, and will resume trading on October 20 with the delisting risk warning removed. The securities abbreviation will change from "*ST Sitong" to "Sitong Co.", the securities code will remain 603838, and the daily price limit will remain 10%.
16. Shandong Heda: Net profit for the first three quarters of 2026 is expected to increase 90%-110% year-on-year. Shandong Heda announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be between 265 million yuan and 293 million yuan, compared with 139 million yuan in the same period last year; net profit after deducting non-recurring gains and losses to be between 259 million yuan and 285 million yuan, up 100.00%-120.00% year-on-year. The company stated that sales of main products such as plant-based hollow capsules and cellulose ether increased, production rose, and fixed asset depreciation and other amortization expenses decreased. The data listed has not been audited by an accounting firm.
17. Shengyi Electronics: Net profit for the first three quarters is expected to increase 68%-75% year-on-year, with the proportion of high-value-added products steadily rising. Shengyi Electronics announced that it expects net profit attributable to owners of the parent company for the first three quarters of 2026 to be between 1.869 billion yuan and 1.952 billion yuan, up 68%-75% year-on-year. Benefiting from the high prosperity of the AI computing power sector, the company closely followed its strategic positioning, anchored itself in the mid-to-high-end segment for continuous deep cultivation, orderly advanced capacity release, deepened technological upgrading, strengthened quality control, steadily increased the proportion of high-value-added products, and further consolidated its market competitive advantages. Operating revenue and net profit for the first three quarters of 2026 achieved growth compared with the same period last year.
18. Tengjing Technology: Third-quarter net profit is expected to increase 61.68%-76.38% year-on-year, with continuous volume delivery of orders for optical testing instruments such as high-speed optical modules. Tengjing Technology announced that it expects net profit attributable to owners of the parent company for the third quarter of 2026 to be between 44 million yuan and 48 million yuan, up 61.68%-76.38% year-on-year. During the reporting period, benefiting from the global expansion of AI computing power infrastructure and rapid growth in optical communications demand, order delivery for passive optical components for data center high-speed optical modules, OCS yttrium vanadate crystals, tunable lasers, and other optical testing instruments continued to ramp up. During the reporting period, as business scale continued to expand and product structure continued to optimize, the company's overall gross margin increased year-on-year, and overall profitability further strengthened.
19. Yubang Electric Power: Net profit for the first three quarters is expected to show a loss of 65.93 million yuan to 72.87 million yuan, turning from profit to loss year-on-year. Yubang Electric Power announced that it expects net profit attributable to the parent company for the first three quarters of 2026 to show a loss of 65.93 million yuan to 72.87 million yuan, compared with 36.3677 million yuan in the same period of 2025, turning from profit to loss year-on-year; net profit after deducting non-recurring gains and losses is expected to show a loss of 76.855 million yuan to 84.945 million yuan, compared with 26.3156 million yuan in the same period of 2025, turning from profit to loss year-on-year. The earnings change was mainly affected by a combination of declining revenue from smart power products, falling gross margins, and rising period expenses.
20. Jinhaitong: Net profit for the first three quarters is expected to increase 148% to 172% year-on-year, with sustained growth in demand in the semiconductor packaging and testing equipment sector. Jinhaitong announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be between 310 million yuan and 340 million yuan, up 148.04% to 172.04% year-on-year. Driven by downstream application areas such as AI, high-performance computing, and new energy vehicles, demand in the semiconductor packaging and testing equipment sector continued to grow. Coupled with the effectiveness of global business layout, overseas market orders achieved relatively good growth compared with the same period last year, and sales of product testing and sorting machines achieved significant improvement.
21. Data Port: Plans to procure no more than 1 billion yuan of computing power services. Data Port announced that the company plans to procure no more than 1 billion yuan of computing power services. The computing power service provider must complete computing power resources, operating environment, and supporting services in the computer room provided by the company, providing a computing power cluster with total computing power of no less than 850P (fp16), which can jointly form computing power resources with the company's overall IDC business capabilities, and ultimately connect to the company's managed platform for unified management, allocation, and scheduling. The company ultimately provides complete, reliable, and high-quality computing power services to end customers through the managed platform.
22. Kexiang Co.: Net profit for the first three quarters was 244 million yuan, turning profitable year-on-year. Kexiang Co. announced that its third-quarter operating revenue was 1.85 billion yuan, up 100.90% year-on-year; net profit attributable to shareholders of the listed company was 311 million yuan, turning profitable year-on-year. For the first three quarters, operating revenue was 3.979 billion yuan, up 45.92% year-on-year; net profit attributable to shareholders of the listed company was 244 million yuan, turning profitable year-on-year. The earnings change was mainly due to increased sales during the reporting period.
23. Jialichuang: Net profit for the first three quarters is expected to increase 79%-118% year-on-year, with sustained growth in global hardware R&D demand. Jialichuang announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be between 1.679 billion yuan and 2.052 billion yuan, up 78.76%-118.48% year-on-year. The earnings change was mainly due to AI accelerating hardware innovation and sustained growth in global hardware R&D demand; enhanced one-stop service capabilities, increased customer stickiness and per-customer value; industrial software connecting design and manufacturing, continuously bringing in orders and improving delivery efficiency; and overseas business maintaining relatively fast growth.
Operating results.
1. Shaanjian Co.: New contract signings for the first three quarters amounted to 144.645 billion yuan. 2. Poly Developments: September contracted sales amount was 16.192 billion yuan, down 21.13% year-on-year. 3. Xianda Co.: Net profit for the first three quarters of 2026 is expected to decrease 74.48%-77.03% year-on-year. 4. Yongtai Technology: Net profit for the first three quarters rose 1,221.81% year-on-year, with lithium battery sales surging. 5. Shandong Heda: Net profit for the first three quarters of 2026 is expected to increase 90%-110% year-on-year. 6. Xinrui Co.: Net profit for the first three quarters of 2026 is expected to increase 318%-355% year-on-year. 7. Jinhong Gas: Net profit for the first three quarters of 2026 is expected to decrease 84.27% to 86.84% year-on-year. 8. Chipown Micro: Net profit for the first three quarters was 86.051 million yuan, down 51.61% year-on-year. 9. Kexiang Co.: Net profit for the first three quarters was 244 million yuan, turning profitable year-on-year. 10. Shenhao Technology: Net loss for the first three quarters of 2026 is expected to be 56 million yuan to 60 million yuan. 11. Sunner Development: Third-quarter 2026 net profit was 305 million yuan, up 22.79% year-on-year. 12. Zangge Mining: Net profit for the first three quarters rose 122.09% year-on-year, with increased lithium carbonate revenue and investment income year-on-year. 13. Satellite Chemical: Third-quarter 2026 net profit was 2.832 billion yuan, up 180.03% year-on-year. 14. Aisidi: Third-quarter 2026 net profit was 69.6127 million yuan, down 39.78% year-on-year. 15. Weilgao: Third-quarter 2026 net profit was 138 million yuan, up 461.86% year-on-year.
Risk warnings for stocks with unusual movements.
1. Shaanjian Co.: New litigation and arbitration cases involve a total amount of 2.775 billion yuan. 2. Shanjin International: Subsidiary paid back taxes and late fees of 287 million yuan. 3. Zhonglu B: Legal representative, director, and general manager placed under retention for investigation. 4. Hemai Co.: Terminated 1 billion yuan household photovoltaic cooperation agreement with Huarong Financial Leasing. 5. ST Konka A: Received stock delisting decision. 6. Changan Automobile: Chairman and multiple senior executives changed. 7. ST Wingtech: India business asset package dispute submitted to arbitration. 8. ST Jiayuan: Ordered to rectify due to understating operating revenue by 766,400 yuan. 9. Tigermed: Company actual controllers Ye Xiaoping and Cao Xiaochun each fined 500,000 yuan.
Repurchases & increases/decreases in holdings.
1. Maxscend Micro: Chairman proposes repurchasing 50 million yuan to 100 million yuan of shares. 2. Zhifei Biological: First repurchase of 782,800 company shares. 3. Meihu Co.: Controlling shareholder plans to increase holdings by 10 million to 20 million yuan. 4. Shandong Gold: Plans to repurchase company shares for RMB 300 million to RMB 400 million. 5. Kaiwang Technology: Plans to repurchase company shares for 30 million yuan to 60 million yuan. 6. Hainan Airport: Phoenix Airport plans to acquire 45% equity of Sanya Air Catering. 7. Robotech: Actual controller proposes repurchasing 50 million yuan to 100 million yuan of shares for cancellation and reduction of registered capital. 8. Jiangfeng Electronics: Actual controller proposes repurchasing 50 million yuan to 100 million yuan of company shares. 9. Hongfuhan: Plans to invest 1.007 billion yuan to build a robot precision metal components production base. 10. Xingfu Electronic: Plans private placement to raise no more than 260 million yuan for electronic-grade phosphoric acid project. 11. Recodeal: Chairman proposes repurchasing 50 million yuan to 100 million yuan of shares. 12. Kingwong Electronics: Chairman proposes repurchasing 50 million yuan to 100 million yuan of shares. 13. Galaxy Microelectronics: Plans to acquire 100% equity of Hengtaike for a transaction price of 645 million yuan. 14. Midea Group: Cumulatively repurchased 133 million A-share shares, with total payment of 10.731 billion yuan. 15. Everwin Precision: Controlling shareholder and actual controller promise not to reduce holdings within 6 months. 16. Zhongfu Technology: Plans to publicly list and sell solid waste segment equity, with initial listing base price of 899 million yuan. 17. Victory Giant Technology: Actual controller proposes repurchasing 150 million to 300 million yuan of shares. 18. Bosure Technology: Jiangsu Morui and Suqian Hongdexuan completed reduction plans, reducing 1.83% and 2.45% respectively. 19. Chuanfa Longmang: Nan Zhang company plans to establish a joint venture with 51% shareholding. 20. OmniVision Group: Plans to repurchase company shares for 250 million yuan to 500 million yuan.
Major contracts.
1. Shaoyang Hydraulic: Consortium won bid for 462 million yuan energy storage system equipment project. 2. Shaanjian Co.: Won bid for 611 million yuan energy storage power station EPC project. 3. Lihu Co.: Subsidiary signed a ten-year strategic cooperation framework agreement with Zhi'an Xinchuan. 4. Guocheng Mining: Controlling subsidiary signed a lithium carbonate purchase and sales contract. 5. China Oil Engineering: New contract signings for the first 9 months of 2026 amounted to 105.893 billion yuan. 6. Shenhao Technology: Subsidiary signed an 881 million yuan computing power equipment procurement contract.
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