Anker Innovation draws 245 institutional visits in a week, H1 net profit up over 45%

In the past week (September 12 to 18), more than 130 stocks received institutional research visits. Anker Innovations attracted the highest number of institutions.

Anker Innovations

Anker Innovations was visited by 245 institutions, including:

• 41 securities firms
• 50 private equity funds
• 44 foreign institutions

Financial Highlights (First Half of 2026)

| Metric | Value | YoY Change | |--------|-------|------------| | Total operating revenue | RMB 16.605 billion | +29.05% | | Net profit attributable to shareholders | ~RMB 1.702 billion | +45.86% | | Net profit (excl. non-recurring items) | RMB 1.439 billion | +49.65% |

Key Statements During Research Visit

• The company places high importance on shareholder returns while driving business growth.
• Proposed profit distribution plan for the first half of 2026: cash dividend of RMB 8 per 10 shares to all shareholders.
• Future focus: core business directions, long-termism, sustained innovation, and enhancing product competitiveness, brand influence, and global operational capabilities.

Jinhaitong

Main business: R&D, production, and sales of integrated circuit test handlers.

Customer base: Semiconductor IDM companies and chip design firms.

Financial Highlights (First Half of 2026)

| Metric | Value | YoY Change | |--------|-------|------------| | Revenue | > RMB 600 million | +95% | | Net profit attributable to shareholders | > RMB 170 million | +125% |

Industry Outlook (Company View)

• The integrated circuit industry will continue evolving toward a more refined model.
• As the IC industry undergoes further specialized division of labor, semiconductor test equipment manufacturers must collaborate closely with IC design companies, wafer foundries, and packaging/testing firms.
• This synergy will create new barriers to entry.
• Increasing test complexity will drive demand for high-efficiency, high-stability, flexible, and multi-functional handler equipment.

Market Performance

• Jinhaitong is a standout performer in the semiconductor sector.
• Cumulative gains: > 260% year-to-date.

Other Companies

Montage Technology, WUS Printed Circuit, Dazhong CNC, JLCPCB

• Montage Technology: Interconnect chip product variety is expanding; products within the same category are undergoing continuous upgrades and iterations. Gross margin reflects the comprehensive performance of multiple products.

Market Performance of Institutionally Researched Stocks

In the past week, institutionally researched stocks rose by an average of 3.77%, including:

• Hengyunchang
• Huabao Shares
• Mankun Technology
• Yibo Technology

Hengyunchang

• Future strategy: leverage external M&A to seek high-quality targets and technologies domestically and internationally.
• Goal: strengthen supply capability for core components of plasma processes and provide one-stop products and services.
• Dual-wheel drive strategy:
• Internal R&D: optimize existing products, improve performance and quality, expand product categories.
• External M&A: evolve into a platform-based provider of overall solutions for plasma process core components.

Mankun Technology

• Benefiting from explosive growth in AI computing power demand.
• AI server power supplies (AC/DC) are a core incremental segment in the power component market, showing strong growth trends.
• Mass production and stable delivery of AI computing hardware PCBs, plus full-capacity operation of the Thailand factory, will support order intake.
• The company will proactively seize AI industry opportunities and expand orders for mid-to-high-end AI server power supply PCBs.

Yibo Technology

• Extensive business cooperation with optical module customers.
• Gradually transitioning from front-end PCB design to back-end PCB fabrication and PCBA manufacturing.
• Optical module PCBA business: now in mass production, with monthly shipments reaching hundreds of thousands of units.
• Optical module PCB production: currently focused mainly on R&D samples.
• Optical module-related revenue still accounts for a small proportion of total revenue, with limited impact on overall performance — but significant future growth potential exists as more customers are onboarded and PCB production capacity improves.

Source: Securities Times Network