A-Share Announcement Highlights | Fluorochemical leader's net profit expected to surge 12-fold; ST Konka A to be delisted within 5 trading days.

Today's Focus 1. Zhejiang Yongtai Technology Co.,: Net profit for the first three quarters increased by 1,221.81% year-on-year, with lithium battery sales growing significantly. Zhejiang Yongtai Technology Co., announced that its operating revenue for the third quarter of 2026 was RMB 2.328 billion, up 64.07% year-on-year; net profit attributable to shareholders of the listed company was RMB 156 million, up 696.08% year-on-year; net profit after deducting non-recurring gains and losses was RMB 176 million, up 705.69% year-on-year. For the first three quarters of 2026, operating revenue was RMB 6.074 billion, up 50.79% year-on-year; net profit attributable to shareholders of the listed company was RMB 430 million, up 1,221.81% year-on-year; net profit after deducting non-recurring gains and losses was RMB 425 million, up 6,572.64% year-on-year. 2. Hengtong Optic-Electric: Net profit for the first three quarters is expected to increase by 151%-168% year-on-year, driven by growing demand and rising prices in the optical communications market. Hengtong Optic-Electric announced that the company expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be RMB 5.97 billion to RMB 6.37 billion, 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 RMB 5.94 billion to RMB 6.34 billion, up 153.88% to 170.98% year-on-year. This earnings forecast has not been audited by certified public accountants. 3. Shareate Tools Ltd: Net profit for the first three quarters of 2026 is expected to increase by 318% to 355% year-on-year. Shareate Tools Ltd announced that it expects operating revenue for the first three quarters of 2026 to be RMB 3.0 billion to RMB 3.3 billion, up 68% to 84% year-on-year; net profit attributable to owners of the parent company to be RMB 690 million to RMB 750 million, up 318% to 355% year-on-year; net profit after deducting non-recurring gains and losses to be RMB 705 million to RMB 765 million, up 358% to 397% year-on-year. The earnings growth was mainly driven by factors such as increased product gross margin, the company's multi-dimensional coordinated efforts, and the consolidation of acquired targets contributing revenue and profit increments. The above data has not been audited by certified public accountants. 4. *ST Konka A: Shenzhen Stock Exchange decides to terminate listing, delisting within five trading days. *ST Konka A announced that the company had previously voluntarily applied for termination of A-share and B-share listing upon resolution of the shareholders' meeting; on October 16, 2026, it received the Shenzhen Stock Exchange's decision to terminate the listing of its shares. 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 Mining: Plans to repurchase company shares for RMB 300 million - RMB 400 million. Shandong Gold Mining announced that it plans to use its own funds and self-raised funds to repurchase the company's A shares through centralized bidding transactions, with a repurchase amount of RMB 300 million - RMB 400 million, at a price not exceeding RMB 48.57 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 by special resolution, and the implementation period is within 12 months from the date of approval by the shareholders' meeting. 6. Shenzhen Kinwong Electronic: Chairman proposes repurchasing shares for RMB 50 million to RMB 100 million. Shenzhen Kinwong Electronic 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 for 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 Fuji Electronics Technology: Third-quarter net profit increased by 217% year-on-year, with order growth in industrial control, automotive electronics, and communications sectors. Sihui Fuji Electronics Technology announced that its third-quarter revenue was RMB 857 million, up 59.78% year-on-year; net profit was RMB 176 million, up 217.22% year-on-year. For the first three quarters, revenue was RMB 2.090 billion, up 49.68% year-on-year; net profit was RMB 264 million, 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 by 164%-181% year-on-year, with increased CCL sales driving higher operating revenue and gross profit. Shengyi Technology announced that it expects net profit attributable to owners of the parent company for the first three quarters of 2026 to be RMB 6.460 billion - RMB 6.870 billion, up 164%-181% year-on-year. In the copper-clad laminate segment, facing rapid increases in raw material prices and sustained high-speed growth in demand for high-end products, the company's early-stage developed 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 structure, thereby driving increased CCL sales and higher operating revenue and gross profit from CCL products; returns from external investment projects were considerable, driving up profitability. In the PCB segment, subsidiary Shengyi Electronics Co., Ltd. benefited from the high prosperity of the AI computing power sector, anchored itself in the mid-to-high-end track for continuous cultivation, orderly advanced capacity release, deepened technological upgrading, steadily increased the proportion of high-value-added products, and further consolidated its market competitive advantage. 9. Hangzhou Hikvision Digital Technology: Net profit for the third quarter of 2026 was RMB 5.016 billion, up 36.97% year-on-year. Hangzhou Hikvision Digital Technology announced that its operating revenue for the third quarter of 2026 was RMB 27.222 billion, up 13.71% year-on-year; net profit attributable to shareholders of the listed company was RMB 5.016 billion, up 36.97% year-on-year; net profit after deducting non-recurring gains and losses was RMB 4.984 billion, up 43.13% year-on-year. For the first three quarters of 2026, operating revenue was RMB 74.044 billion, up 12.60% year-on-year; net profit attributable to shareholders of the listed company was RMB 12.911 billion, up 38.55% year-on-year; net profit after deducting non-recurring gains and losses was RMB 12.696 billion, up 41.52% year-on-year. 10. OmniVision Integrated Circuits Group, Inc.: Plans to repurchase shares for RMB 250 million to RMB 500 million. OmniVision Integrated Circuits Group, Inc. announced that the company plans to use its own funds and/or self-raised funds to repurchase A shares through centralized bidding transactions, with a repurchase amount of no less than RMB 250 million and no more than RMB 500 million, at a repurchase price not exceeding RMB 120 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 RMB 150 million to RMB 300 million of A shares. Victory Giant Technology announced that the company's actual controller and chairman Chen Tao proposed that the company repurchase some A shares through centralized bidding, with a total repurchase amount of no less than RMB 150 million and no more than RMB 300 million. The repurchased shares will be used for employee stock ownership plans or equity incentives. 12. Shandong Hi-Tech Spring Material Technology: Net profit for the first three quarters of 2026 is expected to be RMB 630 million to RMB 642 million, turning profitable year-on-year. Shandong Hi-Tech Spring Material Technology announced that it expects net profit attributable to the parent company for the first three quarters of 2026 to be RMB 630 million to RMB 642 million, compared with a loss of RMB 128 million in the same period last year, turning profitable year-on-year; net profit after deducting non-recurring gains and losses to be RMB 623 million to RMB 635 million, compared with a loss of RMB 136 million in the same period last year, turning profitable year-on-year. The earnings growth was mainly benefited from the improvement 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. Luenmei Quantum: Company and related shareholders received CSRC case filing notices. Luenmei Quantum announced that the company and shareholders Luenmei Group, Lhasa Hetai Decoration, Shenyang Infinode Technology, and Shanghai Meiji Information Technology respectively received the "Case Filing Notice" 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 file a case against them. According to the shareholders' self-inspection, this investigation involves matters concerning the possible existence of concerted action relationships among them. Currently, the company's control rights are stable, operations and management as well as financial conditions are normal, and this case filing has no impact on the company's production and operations. 14. Hoymiles Power Electronics Inc.: Company and Huarong Financial Leasing terminate RMB 1 billion cooperation. Hoymiles Power Electronics Inc. announced that in May 2025, the company and its wholly-owned subsidiary signed a "Cooperation Agreement" for residential photovoltaic projects with an estimated cooperation scale of RMB 1 billion with Huarong Financial Leasing. Recently, both parties reached a consensus and signed a "Termination Agreement" to terminate the cooperation early; as of the disclosure date of the announcement, the cumulative cooperation scale was approximately RMB 162 million, 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 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., Ltd.", the securities code will remain 603838, and the daily price limit will remain 10%. 16. Shandong Head Group: Net profit for the first three quarters of 2026 is expected to increase by 90%-110% year-on-year. Shandong Head Group announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be RMB 265 million - RMB 293 million, compared with RMB 139 million in the same period last year; net profit after deducting non-recurring gains and losses to be RMB 259 million - RMB 285 million, up 100.00%-120.00% year-on-year. The company stated that sales of main products such as plant-based empty capsules and cellulose ether increased, production increased, and depreciation of fixed assets and other amortization expenses decreased. The listed data has not been audited by an accounting firm. 17. Shengyi Electronics: Net profit for the first three quarters is expected to increase by 68%-75% year-on-year, with the proportion of high-value-added products steadily increasing. Shengyi Electronics announced that it expects net profit attributable to owners of the parent company for the first three quarters of 2026 to be RMB 1.869 billion - RMB 1.952 billion, up 68%-75% year-on-year. Benefiting from the high prosperity of the AI computing power sector, the company closely adhered to its strategic positioning, anchored itself in the mid-to-high-end track for continuous 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 advantage. Operating revenue and net profit for the first three quarters of 2026 achieved growth compared with the same period last year. 18. Optowide Technologies: Third-quarter net profit is expected to increase by 61.68%-76.38% year-on-year, with continuous volume growth in order deliveries for optical testing instruments such as high-speed optical modules. Optowide Technologies announced that it expects net profit attributable to owners of the parent company for the third quarter of 2026 to be RMB 44.00 million - RMB 48.00 million, up 61.68%-76.38% year-on-year. During the reporting period, benefiting from the global expansion of AI computing infrastructure and the rapid growth in optical communications demand, order deliveries for passive optical components for data center high-speed optical modules, OCS yttrium vanadate crystals, tunable lasers, and other optical testing instruments continued to grow in volume. During the reporting period, with the continuous expansion of business scale and continuous optimization of product structure, the company's overall gross margin increased year-on-year, and overall profitability further enhanced. 19. Beijing Yupont Electric Power Technology: Net profit for the first three quarters is expected to show a loss of RMB 65.93 million to RMB 72.87 million, turning from profit to loss year-on-year. Beijing Yupont Electric Power Technology announced that it expects net profit attributable to the parent company for the first three quarters of 2026 to show a loss of RMB 65.93 million to RMB 72.87 million, compared with RMB 36.3677 million 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 RMB 76.855 million to RMB 84.945 million, compared with RMB 26.3156 million in the same period of 2025, turning from profit to loss year-on-year. The change in earnings was mainly due to the combined impact of decreased revenue from smart power products, declining gross margin, and increased period expenses. 20. JHT Design Co.,Ltd.: Net profit for the first three quarters is expected to increase by 148% to 172% year-on-year, with continued growth in demand in the semiconductor packaging and testing equipment sector. JHT Design Co.,Ltd. announced that the company expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be RMB 310 million to RMB 340 million, up 148.04% to 172.04% year-on-year. Driven by downstream application fields such as AI, high-performance computing, and new energy vehicles, demand in the semiconductor packaging and testing equipment sector continued to grow. Combined with the effectiveness of the 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. Shanghai AtHub: Plans to procure no more than RMB 1 billion in computing power services. Shanghai AtHub announced that the company plans to procure no more than RMB 1 billion in computing power services. The computing power service provider must complete computing power resources, operating environment, and supporting services within 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 overall IDC business capabilities provided by the company, 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. Guangdong Kingshine Electronic Technology: Net profit for the first three quarters was RMB 244 million, turning profitable year-on-year. Guangdong Kingshine Electronic Technology announced that its third-quarter operating revenue was RMB 1.850 billion, up 100.90% year-on-year; net profit attributable to shareholders of the listed company was RMB 311 million, turning profitable year-on-year. For the first three quarters, operating revenue was RMB 3.979 billion, up 45.92% year-on-year; net profit attributable to shareholders of the listed company was RMB 244 million, turning profitable year-on-year. The change in earnings was mainly due to increased sales during the reporting period. 23. Shenzhen JLC Technology Group: Net profit for the first three quarters is expected to increase by 79%-118% year-on-year, with continued growth in global hardware R&D demand. Shenzhen JLC Technology Group announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be RMB 1.679 billion - RMB 2.052 billion, up 78.76%-118.48% year-on-year. The change in earnings was mainly due to AI accelerating hardware innovation and continued growth in global hardware R&D demand; enhanced one-stop service capabilities, improved customer stickiness and single-customer value; industrial software connecting design and manufacturing, continuously introducing orders and improving delivery efficiency; and overseas business maintaining relatively rapid growth. Operating Performance 1. Shaanxi Construction Engineering Group Corporation: New contract value for the first three quarters was RMB 144.645 billion. 2. Poly Developments and Holdings Group: September contracted amount was RMB 16.192 billion, down 21.13% year-on-year. 3. ShanDong Cynda Chemical: Net profit for the first three quarters of 2026 is expected to decrease by 74.48%-77.03% year-on-year. 4. Zhejiang Yongtai Technology Co.,: Net profit for the first three quarters increased by 1,221.81% year-on-year, with lithium battery sales growing significantly. 5. Shandong Head Group: Net profit for the first three quarters of 2026 is expected to increase by 90%-110% year-on-year. 6. Shareate Tools Ltd: Net profit for the first three quarters of 2026 is expected to increase by 318%-355% year-on-year. 7. Suzhou Jinhong Gas Co.,Ltd.: Net profit for the first three quarters of 2026 is expected to decrease by 84.27% to 86.84% year-on-year. 8. Wuxi Chipown Micro-electronics limited: Net profit for the first three quarters was RMB 86.051 million, down 51.61% year-on-year. 9. Guangdong Kingshine Electronic Technology: Net profit for the first three quarters was RMB 244 million, turning profitable year-on-year. 10. Hangzhou Shenhao Technology: Net loss for the first three quarters of 2026 is expected to be RMB 56 million - RMB 60 million. 11. Fujian Sunner Development: Net profit for the third quarter of 2026 was RMB 305 million, up 22.79% year-on-year. 12. Zangge Mining: Net profit for the first three quarters increased by 122.09% year-on-year, with increased lithium carbonate revenue and increased investment income year-on-year. 13. Satellite Chemical: Net profit for the third quarter of 2026 was RMB 2.832 billion, up 180.03% year-on-year. 14. Shenzhen Aisidi: Net profit for the third quarter of 2026 was RMB 69.6127 million, down 39.78% year-on-year. 15. Jiangxi Welgao Electronics: Net profit for the third quarter of 2026 was RMB 138 million, up 461.86% year-on-year. Risk Warnings for Unusual Stock Movements 1. Shaanxi Construction Engineering Group Corporation: New litigation and arbitration cases involve a total amount of RMB 2.775 billion. 2. Shanjin International Gold: Subsidiary paid back taxes and late fees of RMB 287 million. 3. Zhonglu B: Legal representative, director, and general manager are under detention investigation. 4. Hoymiles Power Electronics Inc.: Terminated the RMB 1 billion residential photovoltaic cooperation agreement with Huarong Financial Leasing. 5. ST Konka A: Received decision to terminate stock listing. 6. Chongqing Changan Automobile: Chairman and multiple senior executives changed. 7. ST Wingtech: Dispute over India business asset package has been submitted to arbitration. 8. ST Jiayuan: Ordered to rectify due to understatement of operating revenue by RMB 766,400. 9. Hangzhou Tigermed Consulting: Company actual controllers Ye Xiaoping and Cao Xiaochun each fined RMB 500,000. Repurchases & Increases/Decreases in Holdings 1. Maxscend Microelectronics: Chairman proposes repurchasing RMB 50 million to RMB 100 million of shares. 2. Chongqing Zhifei Biological Products: First repurchase of 782,800 company shares. 3. Hunan Meihu Intelligent Manufacturing: Controlling shareholder plans to increase holdings by RMB 10 million to RMB 20 million. 4. Shandong Gold Mining: Plans to repurchase company shares for RMB 300 million - RMB 400 million. 5. Henan Carve Electronics Technology: Plans to repurchase company shares for RMB 30 million - RMB 60 million. 6. Hainan Airport Infrastructure: Phoenix Airport plans to acquire 45% equity of Sanya Air Catering. 7. Robotechnik Intelligent Technology: Actual controller proposes repurchasing RMB 50 million to RMB 100 million of shares for cancellation and reduction of registered capital. 8. Konfoong Materials International: Actual controller proposes repurchasing RMB 50 million to RMB 100 million of company shares. 9. Shenzhen hongfuhan Technology: Plans to invest RMB 1.007 billion to build a Siasun Robot&Automation precision metal components production base. 10. Hubei Sinophorus Electronic Materials: Plans to raise no more than RMB 260 million through private placement for electronic-grade phosphoric acid project. 11. Suzhou Recodeal Interconnect System: Chairman proposes repurchasing RMB 50 million to RMB 100 million of shares. 12. Shenzhen Kinwong Electronic: Chairman proposes repurchasing RMB 50 million to RMB 100 million of shares. 13. Changzhou Galaxy Century Microelectronics Co.,Ltd.: Plans to acquire 100% equity of Hengtaike for a transaction price of RMB 645 million. 14. Midea Group Co., Ltd: Cumulatively repurchased 133 million A shares, with total payment of RMB 10.731 billion. 15. Shenzhen Everwin Precision Technology: Controlling shareholder and actual controller promise not to reduce holdings within 6 months. 16. Anhui Orivie Technology: Plans to publicly list and sell equity in solid waste segment, with initial listing base price of RMB 899 million. 17. Victory Giant Technology: Actual controller proposes repurchasing RMB 150 million to RMB 300 million of shares. 18. Shenzhen Bsc Technology: Jiangsu Morui and Suqian Hongdexuan completed reduction plans, reducing 1.83% and 2.45% respectively. 19. Sichuan Development Lomon: NanZhang Company plans to establish a joint venture with 51% shareholding. 20. OmniVision Integrated Circuits Group, Inc.: Plans to repurchase company shares for RMB 250 million to RMB 500 million. Major Contracts 1. Shaoyang Victor Hydraulics: Consortium won bid for RMB 462 million energy storage system equipment project. 2. Shaanxi Construction Engineering Group Corporation: Won bid for RMB 611 million energy storage power station EPC project. 3. Wuxi Lihu Corporation: Subsidiary signed a ten-year strategic cooperation framework agreement with Zhi'an Xinchuang. 4. Guocheng Mining: Controlling subsidiary signed a lithium carbonate purchase and sales contract. 5. China Petroleum Engineering: New contract value for the first 9 months of 2026 was RMB 105.893 billion. 6. Hangzhou Shenhao Technology: Subsidiary signed an RMB 881 million computing power equipment procurement contract. This article is reprinted from "Tencent Stock Picker", edited by GMTEight: Li Fo.