Huafeng Technology Reaches Record High

On May 6, Huafeng Technology (688629.SH) surged by 8.38%, reaching a record high of RMB 147.610 per share, with a total market capitalization of RMB 68.047 billion.

Gelonghui FinanceMay 6 09:53

Huafeng Technology (688629): AI Super Node Drives Growth, Q1 Earnings Surge

Huafeng Technology released its Q1 2026 report. During the reporting period, the company achieved operating revenue of 633 million yuan, representing a year-on-year increase of 56.15%; net profit attributable to shareholders of the parent company amounted to 105 million yuan, reflecting a year-on-year growth of 2%.

Changjiang SecuritiesMay 4 07:37

Review of Q1 Earnings Reports for the Sci-Tech Innovation Board’s PCB Sector: Over 70% of Enterprises Report Dual Growth in Revenue and Net Profit; AI Computing Power Drives Expansion of High-End Production Capacity

①Nanyaflex New Materials stated that its RMB 900 million private placement application has been accepted and will be used for the construction of high-end, high-frequency, high-speed copper-clad laminate production capacity based on AI computing power, among other projects; ②Some industry analysts believe that if the growth of terminal demand such as AI cloud services and large model training slows down, a significant amount of high-end PCB capacity currently planned will begin operations between 2026 and 2027. At that time, the supply-demand dynamics of the industry may reverse, leading to intensified price competition within the sector.

cls.cnMay 3 13:34

STAR Market's optical communication sector sees across-the-board gains: Explosive demand for AI computing power transitions from industry expectations to earnings realization.

① With the release of the 2025 annual report and the first quarter of 2026 concluded, the STAR Market optical communication sector has delivered a solid 'report card,' with 'across-the-board gains' emerging as the most prominent keyword; ② Industry insiders believe that as tech giants further increase their demand across all segments of optical communications, STAR Market optical communication enterprises have officially moved past the shadow of losses, entering a golden harvest period characterized by 'rising volumes and prices.'

cls.cnMay 2 19:54

Huafeng Technology (688629): Optimistic about the volume growth of new high-speed cable module products after the first quarter.

The company released its Q1 report, achieving revenue of 633 million yuan in 1Q26, representing a year-on-year increase of 56.15% and a quarter-on-quarter decrease of 27.09%. Net profit attributable to shareholders was 105 million yuan, reflecting a year-on-year increase of 230%.

Huatai SecuritiesApr 29 16:12

Shengteng 950 super nodes to see increased production in the second half of the year: Apart from Haiguang and Shengteng, which supporting companies have been overlooked by the market?

On April 24, 2026, the preview version of DeepSeek-V4 was released. Huawei China immediately announced that its entire series of ultra-node products, including the Ascend 950, had been fully adapted to the DeepSeek V4 series models. On the same day, the procurement results for China Mobile's 2026–2027 AI ultra-node equipment were announced, with a procurement scale of 6,208 AI accelerator cards, equivalent to 776 computing node devices. Industry insiders widely believe that these are precisely the Ascend 950 ultra-nodes. Domestic computing power has entered a phase of large-scale realization. However, beyond well-known names such as Hygon and Ascend, there is a group of small companies providing supporting services for ultra-nodes that have yet to gain widespread recognition.

businesstimes cnApr 28 15:57