China Jushi Profit Surges on AI-Driven Fiberglass Demand and Price Hikes
AI server demand drives electronic fabric price hikes Surging AI server demand has caused a supply crunch for electronic yarn and fabric, leading to multiple price increases. Thick fabric prices have doubled from last year, and thin fabric gains exceed 140%. As a leading producer, China Jushi benefits from higher prices and volumes.
This explains the core demand driver behind China Jushi's profit growth and is new information.
First-half profit jumps 73.87% with dividend China Jushi reported H1 2026 net profit up 73.87% to 2.933 billion yuan on 22.5% revenue growth, driven by higher sales volume and prices. It plans an interim dividend of 3.30 yuan per 10 shares, about 1.32 billion yuan, returning cash to shareholders.
This is a new earnings report showing strong financial performance and shareholder returns.
Q1-Q3 profit forecast up 100%-110% China Jushi expects first-three-quarter 2026 net profit of 5.136-5.393 billion yuan, up 100%-110% year on year, due to increased downstream fiberglass demand and higher product volume and prices. This confirms the strong trend continues.
This is a new profit forecast that reinforces the positive momentum.
Photoresist price hikes lift glass fiber sector Global photoresist price increases by up to 38% boosted the electronic chemicals sector, with the glass fiber index rising for seven straight days. China Jushi shares rose for five consecutive days, reflecting positive sentiment spillover from related materials.
This shows how broader sector trends and sentiment are pushing China Jushi's stock price up.