Shenzhen JPT Opto Electronics Co Ltd

JPT disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 1.487 billion yuan, up 68.86% year on year. Net profit attributable to shareholders of the listed company was 195 million yuan, up 105.25% year on year. Basic earnings per share were 2.06 yuan. The revenue growth mainly came from the fiber optic components business, which benefited from the industry trend of data center construction projects gradually being implemented, keeping overall business in a rapid growth phase. The laser and intelligent laser equipment product series benefited from growth in global laser market demand, with sales revenue in precision processing for new energy power batteries and consumer electronics achieving relatively rapid growth.

Wus Printed Circuit, Jiangxi Copper and several other companies released their 2026 semi-annual reports. Wus Printed Circuit's first-half net profit rose 73.72% year on year, while Jiangxi Copper's net profit rose 106.77%. Huashengchang's first-half net profit grew 73%, with second-quarter net profit up 223% quarter on quarter. JPT's 2026 semi-annual net profit rose 105.25% year on year. Naura Technology's first-half net profit rose 5.05% year on year. In addition, Zhong Shanshan, the actual controller of Wantai Biological Pharmacy, donated 33 million company shares free of charge to the Fujian Xiang'an Innovation Laboratory Science and Technology Development Foundation, accounting for 2.61% of the company's total share capital.

A total of 15 stocks received buy ratings from institutions today, with Hengli Petrochemical drawing the highest attention, logging two buy rating records. Among the six rating records that provided target prices, five stocks have upside potential exceeding 10 percent. Zangge Mining has the highest upside, with Soochow Securities estimating its target price at 128 yuan, representing an 81.41 percent upside from the latest closing price. Hengli Petrochemical and Huaneng Mengdian have upside potentials of 56.25 percent and 33.72 percent, respectively. Huaneng Mengdian and JPT were covered by institutions for the first time. In terms of market performance, the rated stocks fell by an average of 2.15 percent today, with Milkground, Songfa Shares, and Huaneng Mengdian leading the gains. By sector, the basic chemicals industry was the most favored, with four stocks making the list.

On the evening of July 3, several listed companies on the Shanghai and Shenzhen stock exchanges released significant positive announcements. Pengding Holding plans to raise no more than 9.6 billion yuan through a private placement for AI server and high-speed optical module high-density interconnect laminate projects. JPT plans to acquire all equity of NEOPTICS PTE. LTD. for 1.12 million Singapore dollars; the target company is engaged in the research, development, production, and sales of optical devices. Shenhao Technology and its subsidiaries plan to purchase servers from multiple suppliers, with the total contract amount expected not to exceed 2 billion yuan, to provide computing power leasing services to customers. Taihe Technology stated it is concentrating on advancing electronic chemical projects such as photoresist resins and high-purity solvents. Longsys expects a net profit of 9.2 billion to 11 billion yuan in the first half of 2026, a year-on-year increase of 62,204% to 74,394%, mainly benefiting from the storage industry boom, renewal of wafer supply agreements, and innovation in on-device AI storage technology. Huafu Fashion expects a net profit of 160 million to 200 million yuan in the first half of the year, a year-on-year increase of 537.51% to 696.88%, mainly due to rising cotton prices and increased investment income. Guotai Junan Securities released its first half-year performance forecast for brokerages, expecting a net profit attributable to the parent company of 20.003 billion to 20.511 billion yuan in the first half of the year, a year-on-year increase of 164% to 171%, setting a new record high for half-year performance. Dongyue Silicone expects a net profit of 424 million to 444 million yuan in the first half of the year, a year-on-year increase of 904.88% to 952.28%, benefiting from rising prices of silicone products and declining raw material costs. Hangzhou Cable expects a net profit of approximately 360 million to 400 million yuan in the first half of the year, a year-on-year increase of 852.03% to 957.82%, with both volume and price increases in demand for optical fiber products. A controlled subsidiary of Digital China won the bid for a Huawei intelligent computing server procurement project of a large state-owned commercial bank, with an estimated amount of 371 million yuan, supplying Digital China KunTai supernode servers.

Dongxin Shares indicated that the price increase trend for niche memory products continued in the second quarter, and prices are expected to keep rising in the second half of the year. JPT plans to acquire 100% equity in NEOPTICS for 1.12 million Singapore dollars through a wholly owned subsidiary, aiming to strengthen its optical connectivity business. South Korea, together with companies like Samsung and SK, has launched a 312 trillion won investment plan, focusing on the semiconductor and aerospace industries. The National Medical Products Administration plans to include eligible cell and gene therapy drugs in the 30-day review and approval channel for innovative drug clinical trials. Alibaba has completely banned internal use of Claude Code starting July 10 due to the risk of implanted backdoors. This week, the Shanghai Stock Exchange conducted focused monitoring of stocks with abnormal fluctuations such as CSSC Special Gas, Changyingtong, and Yunzhong Technology, as well as funds with high premiums like Caitong Fuxin LOF and Global Chip LOF. Deutsche Bank estimates that Meta's cloud business could generate additional revenue of 9 billion to 30 billion US dollars by 2027. Huaqin Technology signed a framework sales contract for special functional materials for aircraft fuselages worth approximately 278 million yuan. Sun-Novo plans to raise no more than 240 million yuan for nucleic acid drug platform construction. Rushen Robotics and InnoMab completed Pre-A round financing of 100 million yuan and several hundred million yuan, respectively.

JPT announced plans to acquire 100% equity in NEOPTICS PTE. LTD., directly held by company director and general manager Cheng Xueping, through its wholly-owned subsidiary Singapore JPT using its own funds of SGD 1.12 million, in order to further strengthen the product layout and sales network for its optical connectivity business. Upon completion of the transaction, the target company will become a wholly-owned subsidiary of JPT and be included in the consolidated financial statements. The company stated that the acquisition can, to a certain extent, mitigate and reduce operational risks arising from trade frictions, and is conducive to deepening its international market layout by leveraging overseas location advantages and trade benefits, thereby further expanding into overseas markets.