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Changxin Technology IPO winning numbers announced | Post-market announcements roundup
Eoptolink: H1 Net Profit Expected to Rise 78%–103%, Driven by Sustained Growth in AI-Related Computing Investment and Product Portfolio Optimization
Weekend News Recap: Philadelphia Semiconductor Index Enters Technical Bear Market; Kweichow Moutai Announces Price Hike
① A UK steel company owned by a Chinese enterprise has been nationalized by the UK government, prompting a statement from China's Ministry of Foreign Affairs. ② Meta is reportedly in talks to lease computing power resources to Anthropic, in a deal potentially valued at USD 10 billion over two years. ③ The winning subscription numbers for Changxin Technology have been announced.
Another batch of A-share companies has released positive profit forecasts for the first half of the year, with two already disclosing results under the 'Yi Zhongtian' label.
Several A-share companies have released their 2026 interim earnings forecasts: Eoptolink Technology expects its net profit for the first half of the year to increase by 78%–103% year-on-year, Xiechuang Data forecasts a 247%–340% increase, and Yangjie Technology anticipates a 20%–40% rise.
Driven by dual forces of AI computing demand and product portfolio optimization, Eoptolink expects its first-half net profit to surge by 78%–103% year-over-year | Financial Insights
Eoptolink is expected to report attributable net profit of RMB 7.0–8.0 billion in the first half of 2026, representing a year-over-year increase of 77.56%–102.93%. The growth rate of net profit excluding non-recurring gains and losses is largely in line, underscoring the robust quality of core business growth. Sustained investment in AI computing power and ongoing optimization of product mix are the key drivers, with strong demand for high-speed optical modules enabling the company—as a critical player in the supply chain—to continue benefiting from the sector’s high momentum.
New entrants in the home appliance sector move beyond the OEM era
① Multiple home appliance brands are no longer content with OEM manufacturing and private labeling, and are instead shifting toward in-house research and production of core components such as motors and chips; ② Moving beyond price wars, securing supply chain resilience, accelerating product iteration, and reducing costs by streamlining intermediaries are the primary drivers behind home appliance brands’ collective push upstream; ③ For some larger enterprises, supply chain capabilities have extended beyond internal use and have even become a second growth curve.
Zhongji InnoLight has passed the Hong Kong Stock Exchange's listing hearing, with CICC, GF Securities, and Goldman Sachs acting as joint sponsors.
Zhongji Xuchuang plans to raise approximately USD 7 billion, potentially making it the largest IPO on the Hong Kong Stock Exchange in 2026. Benefiting from the surge in AI computing demand, the company reported a 192.1% year-over-year increase in revenue for the first quarter of 2026 and a net profit growth of approximately 262%. The company holds a significant advantage in silicon photonics products, and the proceeds will be used for R&D, global capacity expansion, and acquisitions.