A-share announcement highlights | Founder Technology Group (600601.SH) and Maxone Semiconductor (688809.SH) expect a significant increase in performance in 2025.

Focus today 1. Shenzhen QiangRui Precision Technology: Dongguan Aluminum Bao currently mainly supplies liquid cooling heat sink module precision structural parts to customers such as N and G through Qihong and others, with a high share of supply. Shenzhen QiangRui Precision Technology announced in an investor relations activity record announcement that, on the one hand, the company has completed the consolidation of Dongguan Aluminum Bao, and it is expected that the company's operating performance will be good in 2026, bringing significant revenue and profit contribution to the company. Dongguan Aluminum Bao currently mainly supplies liquid cooling heat sink module precision structural parts to customers such as N and G through Qihong, with a large market space and a high share of supply; on the other hand, the cooperation with leading AI server manufacturers at home and abroad in liquid cooling testing facilities and equipment is gradually deepening. In addition to existing customers such as H, the company has started to supply liquid cooling testing facilities to overseas N customers and other leading domestic manufacturers. 2. Suntak Technology: Subsidiary Puno Wei plans to invest 1 billion yuan to build a functional IC packaging carrier board project Suntak Technology announced that, to meet the company's business development needs and further enhance the company's core competitiveness in the high-end integrated circuit carrier board field, especially to seize the market opportunities brought by the rapid development of end-side chips, the company's wholly-owned subsidiary Puno Wei signed an investment agreement with the People's Government of Qiandeng Town, Kunshan City, planning to invest 1 billion yuan to build a functional IC packaging carrier board project. The project is located in Qiandeng Town, Kunshan City, Jiangsu Province, and the implementing entity is Puno Wei, with a total fixed asset investment of 800 million yuan. The project construction period is expected to be from May 2026, when the land is listed, to September 2028 when it is completed and put into operation. This investment is an important measure for the company based on overall strategic planning, seizing the tide of AI technology development, especially the urgent demand for high-performance, high-density packaging carrier boards for end-side equipment. The project aims to expand the company's production capacity and technical advantages in the high-end IC carrier board field, optimize product structure, enhance competitiveness and market share in key links of the semiconductor packaging industry chain, in line with the interests of the company and all shareholders. 3. Piotech Inc.National Big Fund reduced its holdings by 2.98 million shares from January 13 to January 22 Piotech Inc. announced that its shareholder, National Integrated Circuit Industry Investment Fund Co., Ltd., reduced its shareholding by 2.977639 million shares through block trading from January 13 to January 22, 2026, reducing its shareholding ratio from 17.92% to 16.86%. 4.Advanced Micro-Fabrication Equipment Inc. China: The largest shareholder, Shanghai Chuangtou, accumulated a 1% reduction in the company's shares from January 6 to January 21, and this reduction plan has been completed Advanced Micro-Fabrication Equipment Inc. China announced that from January 6 to January 21, 2026, shareholder Shanghai Chuangtou had accumulated a reduction of 6.2615 million shares of Advanced Micro-Fabrication Equipment Inc. China through block trading, reaching 1% of the total number of shares of Advanced Micro-Fabrication Equipment Inc. China. This reduction plan has been completed. Performance forecast/newsflash 1. Founder Technology Group: The net profit for 2025 is expected to be between 430 million yuan and 510 million yuan, an increase of 67.06% to 98.14% year-on-year. 2. Maxone Semiconductor: The net profit for 2025 is expected to be between 368 million yuan and 399 million yuan, an increase of 57.87% to 71.17% year-on-year. 3. Triple-consecutive-board Infotmic Co., Ltd.: It is expected to have a net loss of 69 million to 97 million yuan in 2025. Repurchase & Increase/Decrease Holdings 1. Hengyi Petrochemical: Plans to repurchase shares with 500 million to 1 billion yuan. 2. Jilin Province Xidian Pharmaceutical Sci-Tech Development: Plans to repurchase company shares with 25 million to 50 million yuan. 3. Jiangsu Yunyi Electric: Director and Deputy General Manager Zhang Jing plans to increase his holdings of company shares by no less than 5 million yuan and no more than 10 million yuan. 4. NSFOCUS Technologies Group: Shareholders Web Security Fund and Lei Yan Investment plan to collectively reduce their holdings by no more than 4%. 5. Rayitek Hi-Tech Film: Shareholder Tai Juyao Kun plans to reduce his holdings by no more than 3%. 6. Cendes Co., Ltd.: Shareholder Che Lu plans to reduce his holdings by no more than 3%. 7. Skyverse Technology: Guotou Entrepreneurship Fund reduced its holdings by 2.3487 million shares from November 24, 2025, to January 22, 2026. Large Orders 1. Lizhong Sitong Light Alloys Group: Subsidiary awarded the aluminum alloy wheel project, with an expected sales amount of approximately 1.37 billion yuan during the project period. 2. Wuhan Huakang Century Clean Technology: Expected to win the hospital expansion project. 3. Guangdong Songfa Ceramics: Subsidiary signed a shipbuilding contract worth 200-300 million US dollars. This article is reproduced from "Tencent Self-selected Stocks", edited by Jiang Yuanhua.