China Jushi Expects Q1-Q3 Net Profit to Rise 100%-110% as Fiberglass Volume and Prices Both Increase

Inno Laser disclosed on October 10 during an investor relations event that its ultrafast laser drilling equipment secured its first order in the IC substrate sector at the end of 2025, and completed acceptance in the first half of this year. The company said the equipment offers advantages such as customized lasers, independently designed optical systems, and fast iteration response. The equipment can meet precision drilling needs for substrate-like PCBs and various specifications of PCB, and customer validation is currently being accelerated.

Sinoma Science & Technology disclosed on the evening of October 8 the results of its 2025 share issuance to specific investors. The company issued a total of 87.1819 million shares at 51.40 yuan per share to 15 investors, raising 4.481 billion yuan, of which more than 3.1 billion yuan will be used for an electronic fabric expansion project. Institutions dominated this private placement. E Fund Management was allotted 19.8833 million shares worth 1.022 billion yuan, making it the largest subscriber. Caitong Fund and Nuode Fund were allotted 485 million yuan and 427 million yuan respectively. UBS AG, Harvest Fund, and China Life Pension also participated. China National Building Material United Investment, a wholly owned subsidiary of the actual controller China National Building Material Group, was allotted 820 million yuan for 15.9562 million shares, with an 18-month lock-up period. Well-known retail investor Ge Weidong was allotted 13.6187 million shares worth about 700 million yuan. His highest bid of 59.15 yuan per share was the highest offer of the day. Retail investors Zhong Ge and Chen Xuegeng were each allotted 1.9455 million shares worth about 100 million yuan. Of the proceeds, 1.662 billion yuan is planned for a project with annual output of 35 million meters of low-dielectric fiberglass cloth, and 1.475 billion yuan is planned for a project with annual output of 24 million meters of ultra-low-loss low-dielectric fiberglass cloth.

Guoli Electronics announced that it expects net profit attributable to owners of the parent company in the third quarter of 2026 to be 27 million to 32.4 million yuan, up 35.11% to 62.13% year-on-year. The change in performance is mainly due to continued volume growth in capacitor products, accelerated volume growth in high-power magnetrons and klystrons in strategic new scenarios, and effective cost and expense control. The company's Q3 net profit is expected to be 27 million to 32 million yuan, compared with 25 million yuan in Q2, implying a quarter-on-quarter increase of 8% to 30%.