Grace Fabric Technology Co Ltd

G-bits disclosed that in the first half of 2026 it achieved operating revenue of 3.727 billion yuan, up 48.01% year on year, and net profit attributable to the parent of 1.092 billion yuan, up 69.31% year on year, and plans to distribute a cash dividend of 100 yuan, tax included, for every 10 shares. On the same day, Avary Holding's first-half AI server PCB revenue approached 1 billion yuan, and high-speed optical module PCB revenue exceeded 600 million yuan. Jifeng Auto Parts received a nomination for a passenger car seat assembly project, with an estimated total life-cycle value of 2.12 billion yuan. SMIC's second-quarter overall sales revenue reached 3 billion US dollars, up 20% quarter on quarter. In addition, Grace Fabric Technology's first-half net profit rose 334.32% year on year. Dalian Thermal Power's first-half net profit was 50.135 million yuan, turning from a loss to a profit year on year. BGE and its subsidiary jointly won a 500 million yuan solid waste treatment project in Vietnam.

On July 29, the glass and fiberglass concept fell 3.13% intraday. Among related constituent stocks, Sinoma Science & Technology dropped 6.63%, Honghe Technology fell 5.93%, Triumph Science & Technology declined 4.80%, Feilihua lost 2.83%, and Changhai Composite Materials slid 2.35%. SDIC Securities noted that driven by AI computing demand and a strong wind power market, the industry's product mix is accelerating its upgrade toward high-end offerings. In 2026, supply and demand are expected to be tight, with a clear trend of rising prices for electronic fabrics. Demand for fiberglass rovings is forecast to reach 8.02 million tons in 2026, an increase of 470,000 tons year-on-year, while new capacity remains limited, leaving room for further improvement in industry profitability. Changjiang Securities pointed out that the industry is likely to return to a tight supply-demand balance in 2026, with a clear upward trend in prosperity. A sharp rise in platinum prices has pushed up unit investment costs by more than 15%, significantly dampening companies' willingness to invest. Combined with lower new production in 2026 compared to 2025 and a bottoming-out recovery in overseas demand, prices have upward momentum. Looking ahead to 2027, the industry may face a notable supply gap.