HK Stock Market Move | JOHNSON ELEC H(00179) rose more than 7%, institutions optimistic about its SOFC opening up an entirely new growth curve.

JOHNSON ELEC H(00179) rose more than 7%, as of the time of writing, it has increased by 7.48% to HK$23.86, with a turnover of HK$2.39 billion. On the news front, CITIC Haitong previously pointed out that the company has powder metallurgy technology capabilities, and the powder metallurgy produced by the company can be used in various fields including SOFC and automotive. With the continuous growth of demand for SOFC power generation in the AIDC sector, JOHNSON ELEC H's powder metallurgy business is expected to see high-speed growth. Considering that JOHNSON ELEC H's various industrial and commercial products are expected to contribute revenue after the 27 fiscal year, and new products usually have good profit margins, the profit forecast for fiscal years 2026/27 to 2028/29 has been raised. JPMorgan previously stated in a research report that the performance of Dechang Electric's fiscal year ending in late March 2026 was close to the upper limit of the previous profit warning forecast, but the potential trend is still mixed. The Industrial Product Group (IPG) has regained growth driven by demand in AI data center cooling, medical, and heating. Management pointed out that the volume of AI infrastructure business is faster than Siasun Robot & Automation, and the company has now embedded in the Nvidia Blackwell-related liquid cooling ecosystem.