HK Stock Market Move | Shenzhen Senior Technology Material (06067) rises over 3%; net profit attributable to shareholders for the first three quarters up 209.28% year on year; piezoelectric ceramics expected to open a second growth curve.

Shenzhen Senior Technology Material (06067) rose over 3%, up 1.11% as of press time at HK$5.475, with turnover of HK$2.7262 million. On the news front, on October 22, Shenzhen Senior Technology Material announced that for the first three quarters of 2026 it achieved revenue of approximately RMB 4.492 billion, up 51.85% year on year; net profit attributable to shareholders of the listed company of approximately RMB 354 million, up 209.28% year on year; and basic earnings per share of RMB 0.25. CICC noted that since 2026, the company has acquired a 73% stake in Bangci Electronics, entering the piezoelectric ceramics sector. Currently, market share in the piezoelectric ceramics industry is held by overseas companies such as Japan's Kyocera. Downstream demand from industries such as semiconductor MFC and new energy is strong, while overseas piezoelectric ceramics manufacturers have limited capacity expansion due to equipment supply constraints, with lead times now extended to more than six months. Bangci Electronics achieved revenue of RMB 47.49 million and net profit of RMB 16.56 million in 1Q26, with revenue already reaching about 60% of its full-year 2025 revenue. The bank expects that amid constrained overseas supply, domestic substitution of piezoelectric ceramics is poised to accelerate.