KCE Extends Gains 4%, Broker Expects Q3 2026 Profit to Jump 66% to 495 Million Baht, Sets 97 Baht Target

On the evening of October 9, multiple A-share listed companies released positive earnings forecasts for the first three quarters of 2026. China Jushi expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be between 5.136 billion yuan and 5.393 billion yuan, an increase of 100% to 110% year on year. The company said demand increased in major downstream application areas for fiberglass, with both product volume and prices rising. Shaoneng Group expects net profit of 278 million yuan to 302 million yuan, an increase of 61.12% to 75.03% year on year, as operating results in clean renewable energy and precision intelligent manufacturing grew year on year, and the papermaking business significantly narrowed losses. Hongfuhan expects net profit of 170 million yuan to 200 million yuan, an increase of 108.19% to 144.93% year on year, with the liquid cooling plate cabinet module business completing mass production delivery and becoming the core growth driver. Kinwong Electronic expects net profit attributable to owners of the parent company for the third quarter of 2026 to be between 912 million yuan and 1.089 billion yuan, an increase of 205.46% to 264.74% year on year and 147.20% to 195.18% quarter on quarter, benefiting from accelerated mass production and shipment of high-performance PCBs in high-speed communications and AI data infrastructure. Guanghe Technology expects net profit for the first three quarters of 1.45 billion yuan to 1.5 billion yuan, an increase of 100.33% to 107.23% year on year, and non-GAAP net profit of 1.42 billion yuan to 1.47 billion yuan, an increase of 101.84% to 108.94% year on year. The company focuses on the computing power PCB market for general-purpose servers, AI servers, switching products, and accelerator cards. Guanghe Thailand completed core customer certification and gradually released production capacity, achieving profitability during the reporting period.

Guanghong Technology stated on an interactive platform on October 8 that with the continuous growth in demand for computing power infrastructure, the company's computing power business is expected to become an important driver of future growth. The company has now begun providing manufacturing services for various products to leading domestic and international clients, including computing power boards, cooling components, data center switches, server-specific power supplies, and high-speed connectivity components. The newly introduced liquid-cooled server supernode business has now entered the production stage.

Qingding Precision Electronics (Huai'an) Co., Ltd., a wholly owned subsidiary of Pengding Holding, recently acquired the right to use two parcels of state-owned construction land in Huai'an, with a total transaction price of 78.75 million yuan. The company announced on October 8 that the land acquired comprises the plot east of Fujing Road (2026GGK20) and the plot east of Baowu Road (2026GGK21), with a combined area of 210,000 square meters, designated as Class II industrial land. The plot east of Fujing Road covers 63,000 square meters and was acquired for 24.17 million yuan, while the plot east of Baowu Road covers 147,000 square meters and was acquired for 54.58 million yuan. In the first half of 2026, Pengding Holding achieved revenue of 17.217 billion yuan and net profit attributable to the parent company of 1.284 billion yuan.

Nanya New Material Technology announced that its board of directors has reviewed and approved multiple proposals, agreeing to use 740 million yuan of raised funds to increase capital in a wholly-owned subsidiary for the implementation of the "Research, Development and Industrialization Project of High-End High-Frequency High-Speed Copper-Clad Laminates Based on AI Computing Power." In addition, the board reviewed and approved that the vesting conditions for the first vesting period of the initial grant under the 2025 restricted stock incentive plan have been met, with 99,568 shares eligible for vesting; 283,232 granted but unvested restricted shares will be forfeited; and the lock-up period for the 2025 employee stock ownership plan has expired with unlocking conditions met, allowing 454,780 shares to be unlocked.