A-share Announcement Highlights | Net profit up nearly 200-fold at most, A-share listed companies set off a wave of buybacks.

Today's Focus 1. Ganfeng Lithium Group: Net profit for the first three quarters increased by 19,541% year-on-year, driven by a rebound in lithium product prices and increased sales of lithium battery products. Ganfeng Lithium Group announced that in the first three quarters, it achieved operating revenue of RMB 36.159 billion, up 147.24% year-on-year; net profit attributable to shareholders of the listed company was RMB 5.012 billion, up 19,540.50% year-on-year. In the third quarter, operating revenue was RMB 13.062 billion, up 109.03% year-on-year; net profit attributable to shareholders of the listed company was RMB 755 million, up 35.62% year-on-year. The performance growth was mainly due to the rebound in lithium product prices and increased sales of lithium battery products during the period. 2. Hengyi Petrochemical: Net profit for the first three quarters is expected to increase by 3,319%-3,405% year-on-year, with profitability of chemical products such as PX and benzene continuing to remain at high levels. Hengyi Petrochemical announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be RMB 7.900 billion - RMB 8.100 billion, up 3,319%-3,405% year-on-year. The company is the only leading domestic chemical fiber enterprise with an overseas refining and chemical plant layout, deeply benefiting from the long-term tight supply-demand pattern for refined oil products in Southeast Asia. Refined oil profitability continues to improve, while profitability of chemical products such as PX and benzene continues to remain at high levels. During the reporting period, the Brunei refinery continued to enjoy core advantages such as tax incentives, market-based pricing, and low freight and insurance costs, maintaining full-load operation for a long time, with per-ton product profitability remaining at a high level for a long time. It has become the core engine of the company's current and future performance growth, further highlighting the Brunei refinery's unique location advantages and forward-looking strategic layout advantages. 3. Shenzhen Longsys Electronics: Net profit for the first three quarters is expected to increase by 1,865%-1,991% year-on-year. Shenzhen Longsys Electronics announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be RMB 14.0 billion - RMB 14.9 billion, up 1,864.55%-1,990.84% year-on-year. In the third quarter of 2026, the overall supply-demand pattern of the global memory market remained tight, but affected by the relatively high price base in the earlier period, the price increases of DRAM and NAND Flash narrowed significantly compared with the earlier period. The memory industry is shifting from a consumer price cycle to an AI-driven technology cycle. Against this background, the company, guided by self-developed chips and self-developed software architecture, seeks a differentiated development path. The proportion of large customers, high-end customers, and global customers continues to increase, and the product and customer structure is further optimized, driving the company's profitability in the third quarter of 2026 to remain at a historically high level. During the reporting period, the company continuously made breakthroughs in product and technological innovation. High-end new products such as UFS4.1, mSSD, and ePOP5x have achieved large-scale commercial application with many well-known large customers, and global businesses such as international brands Lexar and Zilia maintained rapid growth. 4. Eoptolink Technology Inc.,: Controlling shareholder proposes share repurchase of RMB 800 million to RMB 1 billion. Eoptolink Technology Inc., announced that the company received a proposal from the controlling shareholder, actual controller, and chairman Gao Guangrong to repurchase the company's A-shares through centralized bidding using self-owned or self-raised funds, with a total repurchase amount of no less than RMB 800 million and no more than RMB 1 billion. The repurchased shares will be used for equity incentives or employee stock ownership plans. The repurchase price shall not be higher than 150% of the average stock trading price for the 30 trading days before the board of directors approves the repurchase plan, and the repurchase period shall be within 12 months from the date of approval by the board of directors. 5. Biwin Storage Technology: Controlling shareholder proposes repurchase of RMB 200 million to RMB 250 million of A-shares for cancellation and reduction of registered capital. Biwin Storage Technology announced that the company's controlling shareholder, actual controller, and chairman Sun Chengsi proposed that the company repurchase part of its A-shares through centralized bidding using self-owned funds or self-raised funds, with a total repurchase amount of RMB 200 million to RMB 250 million. The repurchased shares will all be used for cancellation and reduction of registered capital. The upper limit of the repurchase price shall not be higher than 150% of the average stock trading price for the 30 trading days before the board of directors approves the repurchase plan resolution, and the repurchase period shall be within 12 months from the date of approval by the shareholders' meeting. 6. Suzhou TFC Optical Communication: Controlling shareholder proposes repurchase of RMB 100 million to RMB 150 million of A-shares. Suzhou TFC Optical Communication announced that the company received a proposal from controlling shareholder Tianfu Renhe to repurchase the company's A-shares through centralized bidding using self-owned or self-raised funds, with a total repurchase amount of no less than RMB 100 million and no more than RMB 150 million, and the upper limit of the repurchase price not exceeding RMB 350 per share. The repurchased shares are all intended to be cancelled and reduce registered capital, and the repurchase period shall be within six months from the date of approval of the plan by the shareholders' meeting. 7. Chaozhou Three-Circle(Group): First repurchase of 130,600 A-shares today, spending RMB 12.4978 million. Chaozhou Three-Circle(Group) announced that on October 15, 2026, the company repurchased 130,600 A-shares for the first time through its dedicated securities account for share repurchases via centralized bidding, accounting for 0.0065% of the company's current total share capital. The highest transaction price was RMB 96.24 per share, the lowest transaction price was RMB 94.95 per share, and the total transaction amount was RMB 12.4978 million (excluding transaction fees). 8. Advanced Fiber Resources: Net profit for the first three quarters is expected to increase by 142%-162% year-on-year, with market demand for high-speed optical modules and optical devices continuing to grow. Advanced Fiber Resources announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be RMB 279 million - RMB 302 million, up 142%-162% year-on-year. The performance change was mainly due to accelerated global AI computing infrastructure investment and data center construction, continuous growth in market demand for high-speed optical modules and optical devices, steady growth in the company's operating revenue, emerging scale effects, and cost reduction and efficiency improvement enhancing overall profitability. During the reporting period, the expected impact of non-recurring gains and losses on net profit is approximately RMB 26.22 million. 9. Han's Laser Technology Industry Group: Net profit for the first three quarters is expected to increase by 145%-157% year-on-year, with orders in multiple business segments such as PCB-specific equipment, lithium battery, and semiconductor equipment growing significantly. Han's Laser Technology Industry Group announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be RMB 2.120 billion - RMB 2.220 billion, up 145.55%-157.13% year-on-year; net profit after deducting non-recurring gains and losses was RMB 2.25 billion - RMB 2.35 billion, up 295.85%-313.44% from the same period last year. The performance change was mainly due to significant year-on-year growth in orders and operating revenue across multiple business segments, including PCB-specific equipment, consumer electronics equipment, lithium battery and semiconductor equipment, and general industrial laser processing equipment. As of the end of 2025, the company had approximately RMB 8.9 billion in undelivered orders on hand, and newly signed orders in the first three quarters of 2026 were approximately RMB 24.3 billion, up approximately 90% year-on-year. 10. Zhongjin Gold Corp.,Ltd: Net profit for the first three quarters is expected to increase by 50%-58% year-on-year, with profitability of main products such as gold and copper strengthening. Zhongjin Gold Corp.,Ltd announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be RMB 5.520 billion - RMB 5.800 billion, up 50.05%-57.66% year-on-year. The company's performance growth was mainly attributable to the significant strengthening of profitability of main products such as gold and copper. Specifically, during the reporting period, prices of major metals such as gold and copper rose significantly year-on-year, providing solid support on the revenue side; at the same time, by-products such as sulfuric acid also achieved considerable revenue growth, further enhancing profit space. Against a favorable external market environment, the company focused on internal management optimization, fully committed to improving quality, increasing efficiency, and stabilizing growth. By deepening lean operations, strictly controlling costs and expenditures, and continuously promoting cost reduction and efficiency improvement, it effectively consolidated the foundation for profitability. On this basis, the gross profit margin of core businesses such as mineral gold increased significantly year-on-year. Price increases, by-product contributions, and operational efficiency improvements worked together to help overall performance grow steadily. 11. Changzhou Aohong Electronics: The company's Thailand production base is currently still in the product certification and small-batch production stage. Changzhou Aohong Electronics issued an announcement on abnormal trading fluctuations, stating that the company has noticed high recent attention on the PCB market. The PCB industry is highly affected by multiple external factors, including macroeconomic industrial policies, upstream raw material supply, and downstream end-customer demand. Major changes in various external environments may have uncertain impacts on the company's future operating performance, including revenue and profit. The company's Thailand production base is currently still in the product certification and small-batch production stage, and due to factors such as the long certification cycle of downstream customers, capacity ramp-up, and of local supply chain supporting facilities, it is expected not to have a significant impact on the company's performance in the short term. 12. Tongkun Group: Net profit for the first three quarters of 2026 is expected to increase by 332.64% to 358.47% year-on-year. Tongkun Group announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be RMB 6.7 billion to RMB 7.1 billion, up 332.64% to 358.47% year-on-year; net profit after deducting non-recurring gains and losses was RMB 6.45 billion to RMB 6.85 billion, up 394.87% to 425.56% year-on-year. The company stated that industry prosperity is steadily rising, and processing spreads for products such as PTA and polyester filament yarn have recovered significantly compared with the same period in 2025; the relevant operating data of the associate company Zhejiang Petroleum & Chemical Co., Ltd. has not been audited and may be adjusted after auditing. 13. Cuihua Jewelry: Will enter a 15-trading-day delisting consolidation period starting October 23, 2026. Cuihua Jewelry announced that because the company failed to disclose its 2025 annual report within the statutory period, its stock had previously been subject to delisting risk warning; because it still failed to disclose a 2025 annual report guaranteed to be true, accurate, and complete by more than half of the directors within two months from the date of the delisting risk warning, the Shenzhen Stock Exchange decided to terminate the listing of the company's stock. It will enter the delisting consolidation period starting October 23, 2026, for a period of 15 trading days, and will be delisted on the next trading day after the expiration. 14. Jinjian Cereals Industry: Pre-listing of wholly-owned subsidiary capital increase, with external shareholders holding no more than 49%. Jinjian Cereals Industry announced that its wholly-owned subsidiary Jinjian Vegetable Oil (Changsha) Co., Ltd. plans to introduce external investors through a public listing for capital increase and share expansion on the Hunan United Assets and Equity Exchange, with external shareholders collectively holding no more than 49% of the post-capital-increase equity, and expected funds raised of no more than RMB 100 million. This announcement discloses pre-disclosure of transaction information, aiming to solicit interested parties and does not constitute a substantive transaction; subsequently, the pricing plan will be determined based on the audit and evaluation results completed for state-owned asset filing and submitted to the board of directors for review. 15. Shanghai Fudan Microelectronics Group: Net profit for the first three quarters is expected to increase by 188%-248% year-on-year, with revenue and overall gross profit margin achieving growth across all product lines. Shanghai Fudan Microelectronics Group announced that it expects net profit attributable to owners of the parent company for the first three quarters of 2026 to be RMB 950 million - RMB 1.150 billion, up 187.63%-248.18% year-on-year. During the reporting period, the company adhered to technological innovation and product iteration, continuously expanded product application boundaries, drove operating revenue growth, and promoted product structure optimization; combined with the recovery in industry prosperity and growth in downstream customer demand, the company achieved growth in revenue and overall gross profit margin across all product lines. 16. Raytron Technology: Net profit for the first three quarters of 2026 is expected to be RMB 2.25 billion to RMB 2.35 billion, up 218% to 232% year-on-year. Raytron Technology announced that it expects net profit attributable to the parent company for the first three quarters of 2026 to be RMB 2.25 billion to RMB 2.35 billion, compared with RMB 707 million in the same period last year, up 218% to 232% year-on-year; expected net profit after deducting non-recurring gains and losses was RMB 2.2 billion to RMB 2.3 billion, compared with RMB 667 million in the same period last year, up 230% to 245% year-on-year. Industry demand continues to be prosperous, the company has abundant orders on hand and improving new order intake, and capacity release drove both year-on-year and quarter-on-quarter growth in operating revenue; infrared 8m products continued to ship in batches, scale effects and yield improvement significantly increased gross profit margin in the first three quarters. 17. Xi'an ESWIN: Net profit for the third quarter of 2026 is expected to be approximately RMB 441 million, turning profitable year-on-year. Xi'an ESWIN announced that it expects operating revenue for the third quarter of 2026 to be approximately RMB 1.062 billion, up approximately 68.50% year-on-year; net profit attributable to the parent company to be approximately RMB 441 million, compared with a loss of RMB 218 million in the same period last year, turning profitable year-on-year; net profit after deducting non-recurring gains and losses was a loss of RMB 153 million, compared with a loss of RMB 222 million in the same period last year. The announcement stated that the company's production lines continued to operate at full utilization, with sufficient orders on hand. 18. Rockchip Electronics: Net profit for the first three quarters of 2026 is expected to increase by 68%-73% year-on-year, with the AIoT product line maintaining rapid growth. Rockchip Electronics announced that it expects net profit attributable to owners of the parent company for the first three quarters of 2026 to be RMB 1.310 billion - RMB 1.350 billion, up 68.04%-73.17% year-on-year. The performance change was mainly due to leapfrog development in the depth and breadth of the company's AIoT (edge AI) chip platform. Product lines such as Siasun Robot&Automation, automotive electronics, machine vision, and industrial applications maintained rapid growth. The coprocessor RK182X entered product release and project mass production across multiple product lines, and new products such as RK3572 were mass-produced in the third quarter. The company's leading position in AIoT (edge AI) was further strengthened. 19. Wus Printed Circuit: Controlling shareholder proposes cash dividend for 2026 of no less than RMB 2.2 billion. Wus Printed Circuit announced that it received a proposal letter from controlling shareholder BIGGERING (BVI) HOLDINGS CO.,LTD., recommending that, on the premise of meeting profit distribution conditions and not affecting going concern, the total cash dividend for 2026 be no less than RMB 2.2 billion. If performance continues to grow in 2027 and 2028, it is recommended to appropriately increase the total dividend year by year based on the total dividend for 2026. The controlling shareholder promised to vote in favor when the shareholders' meeting reviews the relevant plan. The proposal still needs to be reviewed by the board of directors and shareholders' meeting, and there is uncertainty. 20. Dawning Information Industry: Net profit for the first three quarters of 2026 increased by 78.48% year-on-year, with sales of IT equipment products such as high-end computers increasing year-on-year. Dawning Information Industry announced that in the first three quarters, it achieved operating revenue of RMB 12.238 billion, up 38.75% year-on-year; net profit attributable to shareholders of the listed company was RMB 1.724 billion, up 78.48% year-on-year. This was mainly due to favorable market demand in the domestic computing power field during the period, with sales of the company's IT equipment products such as high-end computers increasing year-on-year. The company seized market opportunities, continued to advance technological iteration, improved product layout, and achieved implementation of core products with key customers. At the same time, sales of supporting software and other high-gross-margin products increased simultaneously, driving the company's overall gross profit margin upward compared with the same period last year. 21. Hygon Information Technology: Net profit for the first three quarters is expected to increase by 38%-52% year-on-year, with domestic demand for high-end chips continuing to climb. Hygon Information Technology announced that it expects net profit attributable to owners of the parent company for the first three quarters of 2026 to be RMB 2.710 billion - RMB 2.980 billion, up 38.16%-51.93% year-on-year. The performance change was mainly driven by factors such as the rapid development of the artificial intelligence industry and the comprehensive shift of the localization process from policy-driven to market-driven. Domestic demand for high-end chips continued to climb. The company continued to optimize its "CPU+DCU" business layout, continuously enhanced market competitiveness, and achieved sustained performance growth. 22. Eve Energy Co.,Ltd.: Net profit for the first three quarters of 2026 is expected to be RMB 5.068 billion - RMB 5.35 billion, up 80%-90% year-on-year. Eve Energy Co.,Ltd. announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be RMB 5.068 billion - RMB 5.35 billion, up 80.00%-90.00% year-on-year; net profit after deducting non-recurring gains and losses was RMB 3.875 billion - RMB 4.262 billion, up 100.00%-120.00% year-on-year. Operating revenue is expected to increase by approximately 60% year-on-year. The relevant data in this performance forecast has not been audited. Performance growth was mainly driven by factors such as product iteration, service upgrades, process optimization, release of new capacity, and delivery of new products. Operating Performance 1. Fujian Highton Development: Net profit for the first three quarters of 2026 increased by 224% year-on-year. 2. Hainan Airport Infrastructure: Takeoffs and landings in September 2026 were 23,571, up 1.52% year-on-year. 3. Minmetals New Energy Materials(Hunan)Co.,Ltd.: Net profit for the first three quarters of 2026 was RMB 462 million, turning profitable year-on-year. 4. Shaanxi Heimao Coking: Net loss for the first three quarters of 2026 was RMB 636 million. 5. Wuhan Zhongyuan Huadian Science & Technology: Net profit for the first three quarters of 2026 decreased by 23.98% year-on-year. 6. Shenghe Resources Holding: Net profit for the first three quarters of 2026 is expected to increase by 39.66%-56.17% year-on-year. 7. Jiangxi Guoguang Commercial Chains: Net profit for the first three quarters of 2026 was RMB 11.0507 million, down 3.79% year-on-year. 8. China Eastern Airlines Corporation: Passenger capacity input in September rose 8.77% year-on-year. 9. Yealink: Net profit for the first three quarters of 2026 is expected to increase by 14%-18% year-on-year. 10. FAWER Automotive Parts: 64 new orders in the third quarter of 2026, with expected lifecycle revenue of RMB 12.33 billion. 11. Hubei Feilihua Quartz Glass: Net profit for the first three quarters of 2026 is expected to increase by 34.84%-55.82% year-on-year. 12. Beijing GeoEnviron Engineering & Technology, Inc.: Net profit attributable to the parent company in the third quarter of 2026 was RMB 181 million, up 25.93% year-on-year. 13. Shaanxi Energy Investment: Coal production in the third quarter of 2026 increased by 12.51% year-on-year. 14. Spring Airlines: Total passengers carried in September 2026 were 3.0488 million, up 9.81% year-on-year. 15. THEC: Net profit in the third quarter of 2026 was RMB 21.9591 million, up 48.04% year-on-year. 16. Eve Energy Co.,Ltd.: Net profit for the first three quarters of 2026 is expected to increase by 80%-90% year-on-year. 17. Huafon Chemical: Net profit for the first three quarters of 2026 is expected to increase by 98%-119% year-on-year. Risk Warnings for Abnormal Stocks 1. Xiamen King Long Motor Group: Major arbitration involving a wholly-owned subsidiary, with claimed damages temporarily calculated at EUR 60.7332 million. 2. Cendes Co.,Ltd.: Plans to change securities abbreviation to Huatu Technology. 3. Xinyaqiang Silicon Chemistry: Chairman Qi Weitai resigns due to job transfer. 4. Beijing GeoEnviron Engineering & Technology, Inc.: Plans to change securities abbreviation to "Gaoneng Times". 5. Dalian Bio-Chem: 1.8306 million shares held by Guangyao Zhixin were judicially forcibly sold. 6. Sanan Optoelectronics: Controlling shareholder and indirect controlling shareholder have been applied for bankruptcy reorganization. Repurchases & Increases/Decreases in Holdings 1. Shenzhen Newway Photomask Making: Actual controller plans to increase holdings of company shares by RMB 20 millionRMB 40 million. 2. Baoding Dongli Machinery: Chairman proposes cancellation of 1.0095 million repurchased shares and reduction of registered capital. 3. Hangzhou Hopechart Iot Technology Co., Ltd: Plans to acquire 18.72% equity of controlling subsidiary Dingdong Zhitu for RMB 6.9044 million. 4. Jinjian Cereals Industry: Wholly-owned subsidiary plans capital increase and share expansion to introduce external investors. 5. Zhongmin Energy: Plans to invest RMB 247 million to build a 50MW fishery-solar complementary project. 6. Jiangsu Canlon Building Materials: Shareholder Xicai Optoelectronics raises increase amount to RMB 140 million - RMB 280 million. 7. CICC: Share swap absorption and merger of Dongxing and Cinda enters implementation stage. 8. Colorlight Cloud Tech: Zhou Jinzhi proposes share repurchase, with total funds of no less than RMB 50 million (inclusive) and no more than RMB 100 million (inclusive). 9. Ugreen Group Limited: Plans to repurchase company shares for RMB 50 million - RMB 100 million. 10. Tongyu Heavy Industry: Controlling shareholder Shandong Guohui Capital completed its increase plan, with cumulative increase of 2.10%. 11. Shandong Hi-speed: First repurchase of 2 million shares, paying RMB 22.1828 million. 12. Ningbo Deye Technology Corporation: First repurchase of 562,000 shares, paying RMB 40.4494 million. 13. Yinchuan Xinhua Commercial: Cumulative repurchase of 16.6656 million shares, paying RMB 179 million. 14. Wens Foodstuff Group: Chairman proposes repurchase of company shares for no less than RMB 50 million (inclusive) and no more than RMB 100 million (inclusive). 15. Shenzhen Seg: Board of directors agrees for 863 Company to invest RMB 80 million to build Luoshan base. 16. Loongson Technology Corporation: Controlling shareholder Beijing Tiantong Xinyuan Technology Co., Ltd. plans to increase holdings by RMB 5 millionRMB 6 million. 17. Hangzhou Changchuan Technology: Actual controller proposes repurchase of company shares for RMB 50 million to RMB 100 million. 18. Luxshare Precision Industry: As of October 15, 2026, total repurchase transaction amount was approximately RMB 1 billion. 19. Trina Solar Co., Ltd.: Plans to acquire 1.6% equity of Baijia Niandai for RMB 40 million. 20. 360 Security Technology Inc.: Tianjin Qixin Zhicheng Technology Co., Ltd. reduced holdings by 56.0358 million shares, accounting for 0.800562%. 21. Guangdong Deerma Technology: Shanghai Panmao reduced holdings by 22.9624 million shares, accounting for 4.97%, and the plan has been completed. Major Contracts 1. Shanghai Pudong Construction: Subsidiary won bids for multiple major projects, with total bid-winning amount of approximately RMB 1.388 billion. 2. Shanghai Construction Group: New contract amount from January to September was RMB 165.489 billion. 3. Jiangsu Libert INC.: Signed a module manufacturing contract worth EUR 38 million to EUR 42 million. 4. FAWER Automotive Parts: 64 new orders in the third quarter of 2026. 5. Optics Technology Holding: Anhui Guangzhi is the first winning candidate with a bid of RMB 1.114 billion. This article is reprinted from "Tencent Stock Picker", edited by GMTEight: Li Fo.