Olympic Circuit Technology vs Chaozhou Three-circle: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Olympic Circuit Technology Co Ltd (603920.CG)

Q3 202619 Jul – 14 Aug 2026

▲3

Buybacks and a battery bet, but profit collapse weighs on Olympic Circuit

Company buyback and shareholder halt to selling Olympic Circuit said it will spend 200-300 million yuan buying back its own shares for staff incentives, and a big shareholder holding 20.11% scrapped a planned share sale. Buybacks shrink the shares in circulation and signal management thinks the stock is cheap, both supporting the price.
The buyback and cancelled reduction are the period's main company-specific supports for the stock.
Buyback executed fast, part of a market-wide wave Olympic Circuit finished nearly 300 million yuan of buybacks in just two trading days, part of a record July for Shanghai-listed buyback and insider-buying plans. Fast execution puts real money behind the promise and lifts sentiment toward the stock.
It shows the buyback was actually carried out, not just announced, reinforcing the capital support story.
70 million yuan stake in power battery connector maker A subsidiary is paying 70 million yuan for a 19.7% stake in Bolati (Platide), which makes connection systems inside electric-car battery packs. The move pushes Olympic Circuit beyond plain circuit boards into the EV supply chain, a growth story investors tend to reward.
This is the period's main new business expansion and a reason for optimism beyond buybacks.
AI demand lifts the sector, but profit fell 78% Lenovo's record AI-driven results sent circuit-board shares, including Olympic Circuit, limit-up on hopes of more orders. Days later, interim net profit came in 78% lower with gross margin down sharply, a serious counterweight to the upbeat buyback and expansion news.
It captures both the demand tailwind and the profit collapse that define the period's real picture.

August 202619 Jul – 14 Aug 2026

▲3

Buybacks and a battery bet, but profit collapse weighs on Olympic Circuit

Company buyback and shareholder halt to selling Olympic Circuit said it will spend 200-300 million yuan buying back its own shares for staff incentives, and a big shareholder holding 20.11% scrapped a planned share sale. Buybacks shrink the shares in circulation and signal management thinks the stock is cheap, both supporting the price.
The buyback and cancelled reduction are the period's main company-specific supports for the stock.
Buyback executed fast, part of a market-wide wave Olympic Circuit finished nearly 300 million yuan of buybacks in just two trading days, part of a record July for Shanghai-listed buyback and insider-buying plans. Fast execution puts real money behind the promise and lifts sentiment toward the stock.
It shows the buyback was actually carried out, not just announced, reinforcing the capital support story.
70 million yuan stake in power battery connector maker A subsidiary is paying 70 million yuan for a 19.7% stake in Bolati (Platide), which makes connection systems inside electric-car battery packs. The move pushes Olympic Circuit beyond plain circuit boards into the EV supply chain, a growth story investors tend to reward.
This is the period's main new business expansion and a reason for optimism beyond buybacks.
AI demand lifts the sector, but profit fell 78% Lenovo's record AI-driven results sent circuit-board shares, including Olympic Circuit, limit-up on hopes of more orders. Days later, interim net profit came in 78% lower with gross margin down sharply, a serious counterweight to the upbeat buyback and expansion news.
It captures both the demand tailwind and the profit collapse that define the period's real picture.

Latest19 Jul – 14 Aug 2026

▲3

Buybacks and a battery bet, but profit collapse weighs on Olympic Circuit

Company buyback and shareholder halt to selling Olympic Circuit said it will spend 200-300 million yuan buying back its own shares for staff incentives, and a big shareholder holding 20.11% scrapped a planned share sale. Buybacks shrink the shares in circulation and signal management thinks the stock is cheap, both supporting the price.
The buyback and cancelled reduction are the period's main company-specific supports for the stock.
Buyback executed fast, part of a market-wide wave Olympic Circuit finished nearly 300 million yuan of buybacks in just two trading days, part of a record July for Shanghai-listed buyback and insider-buying plans. Fast execution puts real money behind the promise and lifts sentiment toward the stock.
It shows the buyback was actually carried out, not just announced, reinforcing the capital support story.
70 million yuan stake in power battery connector maker A subsidiary is paying 70 million yuan for a 19.7% stake in Bolati (Platide), which makes connection systems inside electric-car battery packs. The move pushes Olympic Circuit beyond plain circuit boards into the EV supply chain, a growth story investors tend to reward.
This is the period's main new business expansion and a reason for optimism beyond buybacks.
AI demand lifts the sector, but profit fell 78% Lenovo's record AI-driven results sent circuit-board shares, including Olympic Circuit, limit-up on hopes of more orders. Days later, interim net profit came in 78% lower with gross margin down sharply, a serious counterweight to the upbeat buyback and expansion news.
It captures both the demand tailwind and the profit collapse that define the period's real picture.

Chaozhou Three-circle Group Co Ltd (300408.CS)

Q3 202620 Jul – 9 Oct 2026

▲3▼1

Buybacks and AI-driven MLCC boom lift Sanhuan; anchor investor exits

Company buybacks and ICBC loan support Sanhuan launched two buyback phases totaling up to 1.9 billion yuan and secured a 900 million yuan ICBC loan for it. By September 30 it had repurchased 8.65 million shares for 995 million yuan. Buybacks reduce shares outstanding and signal management confidence, supporting the stock price.
Direct company capital actions that support the share price.
MLCC supercycle and AI server demand MLCC spot prices have jumped over 20% for standard parts and 60-80% for high-capacitance AI server types since June. Overseas leaders Murata and Samsung Electro-Mechanics posted record results and raised guidance. Analysts see the upcycle as early, boosting demand and pricing for Sanhuan's products.
Core industry driver of revenue and profit growth for the company.
Strong earnings and fund demand Sanhuan guided first-half net profit up 45-65% year-on-year, with actual revenue up 54.8% and net profit up 56.2%. A top-performing fund held it as a heavy weight and increased electronics holdings. Strong results and institutional buying support the stock.
Fundamental earnings growth and institutional demand underpin the stock.
Anchor investor fully exits H-shares Huafeng International, an anchor investor in Sanhuan's Hong Kong IPO, plans to sell its remaining 360,400 H-shares, fully exiting after already selling 420,900 shares near the H-share peak. The exit adds selling pressure and may weigh on sentiment, though it is a small stake.
A real counterweight: insider selling that can pressure the stock.

August 202620 Jul – 9 Oct 2026

▲3▼1

Buybacks and AI-driven MLCC boom lift Sanhuan; anchor investor exits

Company buybacks and ICBC loan support Sanhuan launched two buyback phases totaling up to 1.9 billion yuan and secured a 900 million yuan ICBC loan for it. By September 30 it had repurchased 8.65 million shares for 995 million yuan. Buybacks reduce shares outstanding and signal management confidence, supporting the stock price.
Direct company capital actions that support the share price.
MLCC supercycle and AI server demand MLCC spot prices have jumped over 20% for standard parts and 60-80% for high-capacitance AI server types since June. Overseas leaders Murata and Samsung Electro-Mechanics posted record results and raised guidance. Analysts see the upcycle as early, boosting demand and pricing for Sanhuan's products.
Core industry driver of revenue and profit growth for the company.
Strong earnings and fund demand Sanhuan guided first-half net profit up 45-65% year-on-year, with actual revenue up 54.8% and net profit up 56.2%. A top-performing fund held it as a heavy weight and increased electronics holdings. Strong results and institutional buying support the stock.
Fundamental earnings growth and institutional demand underpin the stock.
Anchor investor fully exits H-shares Huafeng International, an anchor investor in Sanhuan's Hong Kong IPO, plans to sell its remaining 360,400 H-shares, fully exiting after already selling 420,900 shares near the H-share peak. The exit adds selling pressure and may weigh on sentiment, though it is a small stake.
A real counterweight: insider selling that can pressure the stock.

Latest20 Jul – 9 Oct 2026

▲3▼1

Buybacks and AI-driven MLCC boom lift Sanhuan; anchor investor exits

Company buybacks and ICBC loan support Sanhuan launched two buyback phases totaling up to 1.9 billion yuan and secured a 900 million yuan ICBC loan for it. By September 30 it had repurchased 8.65 million shares for 995 million yuan. Buybacks reduce shares outstanding and signal management confidence, supporting the stock price.
Direct company capital actions that support the share price.
MLCC supercycle and AI server demand MLCC spot prices have jumped over 20% for standard parts and 60-80% for high-capacitance AI server types since June. Overseas leaders Murata and Samsung Electro-Mechanics posted record results and raised guidance. Analysts see the upcycle as early, boosting demand and pricing for Sanhuan's products.
Core industry driver of revenue and profit growth for the company.
Strong earnings and fund demand Sanhuan guided first-half net profit up 45-65% year-on-year, with actual revenue up 54.8% and net profit up 56.2%. A top-performing fund held it as a heavy weight and increased electronics holdings. Strong results and institutional buying support the stock.
Fundamental earnings growth and institutional demand underpin the stock.
Anchor investor fully exits H-shares Huafeng International, an anchor investor in Sanhuan's Hong Kong IPO, plans to sell its remaining 360,400 H-shares, fully exiting after already selling 420,900 shares near the H-share peak. The exit adds selling pressure and may weigh on sentiment, though it is a small stake.
A real counterweight: insider selling that can pressure the stock.