Jianghai Corporation: Since April, the stock price has increased by 264.23%, and the first quarter's application of supercapacitor AI server power end is approximately 12 million yuan.

Jianghai shares announcement, the company's stock has deviated by more than 20% for three consecutive trading days, which indicates abnormal fluctuations in stock trading. There has been no significant change in the company's production and operation fundamentals, but the stock price has increased by 264.23% since April, with several fluctuations in between. As of June 17, the closing price is 104.93 yuan per share, with a dynamic price-to-earnings ratio of 137.72 times, higher than the average price-to-earnings ratio of 97.41 times in the electronic components industry, indicating market sentiment overheating and irrational speculation. In 2025, aluminum electrolytic capacitors accounted for 80.55% of revenue, film capacitors 10.49%, and super capacitors 6.42%. In the first quarter of 2026, revenue from super capacitors was 106 million yuan, accounting for 7.66% of revenue, with approximately 12 million yuan from AI server power applications; revenue from solid-state polymer multilayer capacitors was approximately 22 million yuan, accounting for 1.59%, and the scale of related businesses is relatively small.