Uni-Trend Technology China Co. Ltd. A

Uni-Trend stated on an investor interaction platform on September 23 that the company has launched and is selling vector network analyzer products. The current product line mainly includes the VNA4000 series, with a frequency range of 100 kilohertz to 9 gigahertz, 2 or 4 ports, and a dynamic range greater than 138 decibels, as well as the VNA3000 series, with a frequency range of 100 kilohertz to 8.5 gigahertz. These products are mainly aimed at the research, development, and production testing of radio frequency components and assemblies in fields such as wireless communications, broadcasting and television, automotive electronics, semiconductors, and medical devices, providing performance testing solutions. The company said that based on publicly available industry information, with the development of downstream sectors such as communications, high-speed data center interconnects, automotive electronics intelligence, and semiconductors, the demand for higher frequency and higher precision testing of radio frequency and microwave components is generally on the rise. The high-end vector network analyzer market is still mainly occupied by leading overseas manufacturers, leaving considerable room for domestic substitution. The company also cautioned that revenue from vector network analyzer related products has a small base and accounts for a relatively low proportion of overall revenue.

Uni-Trend Technology has released its 2026 interim report, with net profit attributable to the parent company reaching 140 million yuan, up 42.82% from the same period last year. Total operating revenue was 815 million yuan, up 32.02% year on year, marking a fifth consecutive year of growth. Net cash inflow from operating activities was 102 million yuan, up 39.17% year on year. The latest gross margin was 44.93%, an increase of 2.34 percentage points year on year. Diluted earnings per share were 1.25 yuan, up 40.45% year on year. The company had 9,419 shareholders, and the top ten shareholders held 67.9002 million shares, accounting for 60.75% of total share capital.

Uni-Trend has disclosed its earnings forecast, estimating net profit attributable to owners of the parent company for the first half of 2026 at around 140 million yuan, representing a year-on-year increase of approximately 42.82%. The company's overseas market main business revenue for the same period is estimated at around 471 million yuan, up about 51.11% year-on-year, mainly driven by a full order book in North America and the commencement of mass deliveries from its Vietnam production base. Driven by the scale effect of high capacity utilization, the company's profitability has improved simultaneously.