On the evening of October 9, multiple listed companies released announcements including earnings forecasts, equity transactions, and contract wins. On the earnings front, Hongfuhan expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be between 170 million yuan and 200 million yuan, up 108.19% to 144.93% year on year, driven mainly by mass production and delivery of liquid cooling plate cabinet module business, gradual release of production capacity, and steady expansion in sales of traditional businesses such as precision functional components for consumer electronics. Jingwang Electronics expects third quarter 2026 net profit of 912 million yuan to 1.089 billion yuan, up 205.46% to 264.74% year on year, mainly because mass production shipments of high-performance PCBs accelerated in high-speed communications and AI data infrastructure. China Jushi expects first three quarters net profit of 5.136 billion yuan to 5.393 billion yuan, up 100% to 110% year on year, as downstream demand for fiberglass increased and both volume and prices rose. On equity and regulatory matters, Lion Micro intends to acquire a 3.6221% stake in Jinruihong Microelectronics through public listing at a floor price of 269 million yuan, raising its direct shareholding from 57.4403% to 61.0624%. Hainan Mining's controlling shareholder Fosun High Technology plans to transfer shares equivalent to 5% of total share capital by agreement at 9.08 yuan per share, for a total consideration of 901 million yuan. ST Nachuan has been placed on file for investigation by the China Securities Regulatory Commission over suspected illegal information disclosure in its 2023 annual report, and Yu Faxiang, the actual controller of Jiaojian and Xiangyuan Cultural Tourism, has also been placed on file for investigation by the CSRC over suspected illegal information disclosure. On orders, Jinguan Electric's wholly owned subsidiary signed an EPC framework contract for solar storage and charging projects worth no more than 296 million US dollars. Huitong Technology won a 366 million yuan contract for procurement and installation of polyester and utility equipment. Wuhan Tianyuan signed a 195 million yuan energy storage power station project contract. Weihai won a 162 million yuan flood control project for the Tiaoxi River. Wonders Information won a 114 million yuan system entrusted operation and maintenance service contract. In addition, Angelalign plans to repurchase company shares for 35 million yuan to 70 million yuan. Baiyunshan and Zhongsheng Pharmaceutical each obtained drug registration certificates. Baotou Steel plans to adjust the related-party transaction price for rare earth concentrate in the fourth quarter of 2026 to 38,769 yuan per ton excluding tax.
Shenzhen hongfuhan Technology Co. Ltd.Hongfuhan forecasts first three quarters net profit up 108%-145%, driven by mass production and delivery of liquid cooling plate cabinet modules and steady expansion of traditional precision component sales.
China Jushi Co LtdChina Jushi forecast first three quarters net profit up 100%-110% as downstream fiberglass demand increased and both volume and prices rose.
Shenzhen Kinwong Electronic Co LtdJingwang Electronics expects Q3 2026 net profit up 205%-265% on accelerated mass production shipments of high-performance PCBs for high-speed communications and AI data infrastructure.
Hainan Mining Co LtdHainan Mining's controlling shareholder Fosun High Technology plans to transfer 5% of total share capital by agreement for 901 million yuan.
Hangzhou Lion Electronics Co LtdLion Micro intends to acquire a 3.6221% stake in Jinruihong Microelectronics via public listing, raising its direct shareholding to 61.0624%.
Guangdong Zhongsheng Pharmaceutical Co Ltd
Zhejiang Reclaim Construction Group Co Ltd
Fujian Superpipe
Jilin Jinguan Electric Co Ltd Class A
Wuhan Tianyuan Environmental Protection Co.LTD
Inner Mongolia BaoTou Steel Union Co Ltd
Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd
Zhejiang Whwh
Anhui Gourgen Traffic Construction Co Ltd
Nanjing Wondux Environmental Protection Technology Corp Ltd
JinGuan Electric Co Ltd
Hangzhou AGS MedTech Co. Ltd. AFosun High Technology, Hainan Mining's controlling shareholder, plans to transfer shares equal to 5% of total share capital at 9.08 yuan per share for 901 million yuan — a shareholder-level equity transfer with no clear directional read for Fosun.
Lion Micro plans to acquire a 3.6221% stake in Jinruihong Microelectronics via public listing, raising its holding to 61.06% — a stake transaction in which Jinruihong is the target, not a driver of its own operations.
