ET Net News Agency reported on the 12th: Guanghe Technology (01989) H-share is currently down 3.8%, trading at HK$99.45. At current prices, the stock has declined for four consecutive days, with a cumulative drop of 23.6%. The stock has traded approximately 50,000 shares, involving HK$48.5 million. The A-share (Sz:001389) is currently at RMB149.5, down 3.2%, with turnover of RMB362.7 million involving 240,000 shares. At current prices, the A-share trades at a 75.3% premium to the H-share.
Guanghe Technology announced that it expects profit for the first three quarters ended September 30 to be between RMB1.45 billion and RMB1.5 billion, representing a year-on-year increase of 1 to 1.07 times, with earnings per share of RMB0.342 to RMB0.354.
The group stated that profit after deducting non-recurring gains and losses is expected to be between RMB1.42 billion and RMB1.47 billion, up 1 to 1.08 times year-on-year. The profit growth is attributed to seizing market opportunities arising from surging demand for computing hardware during the period, focusing on the computing printed circuit board markets for general servers, AI servers, switching products, and accelerator cards, driving production expansion and efficiency improvements. Additionally, its overseas factory, Thailand Guanghe, completed core customer audit and certification as planned, with production capacity gradually being released, contributing to sales growth of computing products and generating profits during the period. Meanwhile, its wholly-owned subsidiary Huangshi Guanghe Precision Circuit advanced cost control, adjusted product mix, and improved production efficiency, enhancing profitability. (am)
Guanghe Technology announced that it expects profit for the first three quarters ended September 30 to be between RMB1.45 billion and RMB1.5 billion, representing a year-on-year increase of 1 to 1.07 times, with earnings per share of RMB0.342 to RMB0.354.
The group stated that profit after deducting non-recurring gains and losses is expected to be between RMB1.42 billion and RMB1.47 billion, up 1 to 1.08 times year-on-year. The profit growth is attributed to seizing market opportunities arising from surging demand for computing hardware during the period, focusing on the computing printed circuit board markets for general servers, AI servers, switching products, and accelerator cards, driving production expansion and efficiency improvements. Additionally, its overseas factory, Thailand Guanghe, completed core customer audit and certification as planned, with production capacity gradually being released, contributing to sales growth of computing products and generating profits during the period. Meanwhile, its wholly-owned subsidiary Huangshi Guanghe Precision Circuit advanced cost control, adjusted product mix, and improved production efficiency, enhancing profitability. (am)
