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Shenzhen Kinwong Electronic Co Ltd

101.21+60.7%1Y · CNY

Shenzhen Kinwong Electronic Co., Ltd. researches, develops, produces, and sells printed circuit boards (PCBs) and electronic materials in China and internationally. Its product range includes conventional single-layer, double-layer, and multi-layer PCBs; metal-based PCBs made with copper, aluminum, stainless steel, and iron; flexible single-side, double-side, and multilayer PCBs; and high density interconnect, RF microwave, rigid-flex, high layer count, and substrate-like PCBs, as well as copper inlays. The company also provides engineering and design services and serves the automotive, smart terminal, consumer, telecom, power supply, industrial and medical, and computing markets. Founded in 1993, it is headquartered in Shenzhen, China.

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Summary of announcements from Shanghai and Shenzhen listed companies on the evening of August 26: multiple firms disclose half-year reports and major matters

On the evening of August 26, multiple listed companies on the Shanghai and Shenzhen stock exchanges released announcements covering half-year results, major contracts, and buybacks. Jiama Electric said its nuclear power business is now at full capacity. Kingwon Electronics expects to make more progress with cloud server vendors by 2027. Hengtong Optic-Electric has been preliminarily selected for a 1.831 billion yuan marine energy project. Dapu Micro signed a 515 million US dollar enterprise-grade PCIe SSD sales order. On the earnings front, Northern Copper reported first-half net profit of 1.396 billion yuan, up 186.61 percent year on year. Hengtong Optic-Electric posted net profit of 3.12 billion yuan, up 93.38 percent. Hua Hong Hongli reported net profit of 399 million yuan, up 436.69 percent. Lianxun Instruments posted net profit of 567 million yuan, up 903 percent. New China Life reported net profit of 22.793 billion yuan, up 54 percent. Shennan Circuits posted net profit of 2.251 billion yuan, up 65.55 percent. Tsingtao Brewery reported net profit of 3.92 billion yuan, up 0.4 percent. Yili Group posted net profit of 5.759 billion yuan, down 20.02 percent. China CITIC Bank reported net profit of 37.602 billion yuan, up 3.08 percent. Conch Cement posted net profit of 2.527 billion yuan, down 42.76 percent. In addition, Yili Group plans to buy back shares worth between 1 billion and 2 billion yuan for cancellation.
DapuStor · Demand · Positive Dapu Micro signed a 515 million US dollar enterprise-grade PCIe SSD sales order.
002916.CS · Capital · Positive Shennan Circuits reported first-half net profit of 2.251 billion yuan, up 65.55% year on year.
600487.CG · Demand · Positive Preliminarily selected for a 1.831 billion yuan marine energy project, indicating strong demand for its products.
600887.CG · Capital · Negative Reported first-half net profit down 20.02% year on year, but plans share buyback of 1-2 billion yuan.
000922.CS · Supply · Positive Nuclear power business now at full capacity.
600585.CG · Capital · Negative Reported first-half net profit down 42.76% year on year.
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Multiple listed companies released positive announcements on the evening of August 26

On the evening of August 26, multiple listed companies released positive announcements. Jiamusi Electric Machine said its nuclear power business is currently at full production, and the new multifunctional high-temperature high-pressure nuclear main pump full-flow test bench project, with an investment of 381 million yuan, has been completed, with comprehensive testing capability leading in China. Kinwong Electronic expects to make more positive progress with North American hyperscale cloud provider customers by 2027. Hengtong Optic-Electric's net profit in the first half of the year rose 93.38% year on year, and revenue from its optical communications business grew more than 130% year on year. Hua Hong Semiconductor's net profit in the first half of the year rose 436.69% year on year, with shipments hitting a record high. Lianxun Instruments' net profit in the first half of the year rose 903% year on year, and it plans to transfer 4.8 shares for every 10 shares from capital reserve. New China Life Insurance's net profit in the first half of the year rose 54% year on year, and it plans to pay a cash dividend of 0.73 yuan per share. Shennan Circuits' net profit in the first half of the year was 2.251 billion yuan, up 65.55% year on year. Yili Group plans to buy back shares for no less than 1 billion yuan and no more than 2 billion yuan. Leaderdrive's net profit in the first half of the year rose 31.25% year on year, and its embodied intelligent robot business grew substantially in scale. Northern Copper's net profit in the first half of the year was 1.396 billion yuan, up 186.61% year on year. Dapu Microelectronics signed a sales order for enterprise-grade PCIe SSDs worth 515 million US dollars, accounting for 152.70% of its 2025 main business revenue. COSCO Shipping Specialized Carriers' net profit in the first half of the year was 1.371 billion yuan, up 66.24% year on year.
About megatrends
Artificial Intelligence › Optical Interconnect & DCI ▲Demand
Artificial Intelligence › Foundry & Advanced Packaging ▲Demand
Energy Transition & Power Demand › Nuclear Generation & Utilities ▲Supply
Semiconductors › Advanced Packaging & Test (OSAT) ▲Demand
Artificial Intelligence › AI Server OEM & System Integration ▲Demand
Artificial Intelligence › HBM & AI Memory ▲Demand
Semiconductors › Logic, Compute & Connectivity Processors ▲Demand
600487.CG · Capital · Positive Net profit up 93.38% YoY, optical communications revenue grew over 130%
600887.CG · Capital · Positive Plans share buyback of 1-2 billion yuan
601336.CG · Capital · Positive Net profit up 54% YoY, plans cash dividend of 0.73 yuan per share
603228.CG · Demand · Positive Expects more positive progress with North American hyperscale cloud provider customers by 2027
DapuStor · Demand · Positive Signed a $515M sales order for enterprise-grade PCIe SSDs, 152.70% of 2025 main business revenue.
000737.CS · Capital · Positive Net profit up 186.61% YoY.
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Kinwong Electronic's 2026 interim net profit was 602 million yuan, down 7.38% year on year

Kinwong Electronic released its 2026 interim report, with net profit attributable to the parent company of 602 million yuan, down 7.38% from the same period last year. Total operating revenue was 8.611 billion yuan, and net cash inflow from operating activities was 604 million yuan, down 33.80% year on year. The latest asset-liability ratio was 51.16%, gross margin was 20.22%, and diluted earnings per share was 0.61 yuan.
603228.CG · Capital · Negative Net profit fell 7.38% year on year, with operating cash flow down 33.80%.
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Kinwong Electronic Resubmits H-Share Listing Application

Kinwong Electronic resubmitted its application for the issuance and listing of H shares to the Hong Kong Stock Exchange on July 3, 2026, and published the application materials. This matter still requires approval from relevant authorities such as the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange, and there are uncertainties. The company reminds investors to be aware of the risks.
603228.CG · Capital · Neutral Resubmission of H-share listing application is a financial event but outcome uncertain and requires regulatory approval.
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