Sihui Fuji Electronics Technology Co Ltd

Three major copper-clad laminate producers have raised prices in succession, driving PCB-related stocks to strengthen against the market trend. At the end of August, Kingboard Laminates issued its seventh price increase letter this year, raising FR-4 copper-clad laminate prices by 10 percent across the board, adjusting prepreg prices by specification, and raising thin fabric prices by up to 20 percent. Panasonic then announced it would raise copper-clad laminate prices from September 1, with some products up by as much as 30 percent, and Nan Ya Plastics followed with increases of 20 to 25 percent. Boosted by this, Goldenmax International surged to its daily limit up, closing the morning session at 76.45 yuan, with more than 180,000 lots locked on the limit-up board, turnover exceeding 3.7 billion yuan, and a total market value of 55.6 billion yuan. Yihao New Materials rose by the 20 percent daily limit, GD-Goworld posted a strong run of two limit-up moves in four sessions, and Sihui Fushi, Sdic, and Wanyuan Tong rose more than 10 percent, while China Jushi and Founder Technology also advanced. According to a China Securities Journal report on September 9, several electronic fabric companies and downstream copper-clad laminate producers said the market has shown relatively good acceptance of the new round of price increases, that electronic fabric supply is somewhat tight, and that leading companies are actively expanding capacity, with new projects expected to come on stream this year and next, at which point price trends will need further market confirmation.

Sihui Fuji announced that on September 9, 2026, the company received a notice of review opinions from the Listing Review Center of the Shenzhen Stock Exchange, which determined that the company meets the issuance conditions, listing conditions, and information disclosure requirements for issuing shares to specific investors. Subsequently, the Shenzhen Stock Exchange will report to the China Securities Regulatory Commission in accordance with regulations to carry out the relevant registration procedures. This matter still requires the approval of the China Securities Regulatory Commission before it can be implemented, and there is uncertainty as to whether and when final approval will be obtained.

According to statistics from Securities Times Data Treasure, a total of 13 companies released their 2026 semi-annual reports on August 4. Among them, Jinyu Bio posted the largest profit increase, with net profit up 72.28 percent year-on-year. Jinyu Bio achieved net profit of 104 million yuan and operating revenue of 756 million yuan, up 22.09 percent. WuXi AppTec reported net profit of 11.08 billion yuan, up 29.43 percent, on operating revenue of 28.897 billion yuan, up 38.93 percent. Companies such as Jasan Group, Sinocare, Sihui Fushi, and Wanda Bearing also recorded net profit growth, while seven companies including Jiahuan Technology and Sinodata saw net profit decline year-on-year.

Sihui Fuji released its 2026 interim report, with net profit attributable to the parent company at 87.8537 million yuan, up 16.53% from the same period last year. Total operating revenue was 1.233 billion yuan, a year-on-year increase of 43.39%, marking five consecutive years of growth. Net cash inflow from operating activities was 15.9328 million yuan, down 65.70% year-on-year. The asset-liability ratio stood at 28.67%, a decrease of 10.03 percentage points from the same period last year. Gross margin was 20.94%, a slight increase of 0.18 percentage points year-on-year.

Sihui Fuji announced plans to repurchase its RMB ordinary shares using its own and self-raised funds, at a price not exceeding 50 yuan per share. The total number of shares to be repurchased ranges from 400,000 to 800,000, accounting for 0.25% to 0.5% of the total share capital, with a repurchase amount of 20 million to 40 million yuan. In the first quarter of 2026, the company achieved revenue of 574 million yuan and a net profit attributable to the parent company of 29.47 million yuan.