The Zhitong Finance App learned that Jingwang Electronics (03228) rose more than 5% in the morning. As of press release, it had risen 5.55% to HK$75.35, with a turnover of HK$304 million.

According to the news, recently, Jingwang Electronics announced a profit forecast. China Merchants Securities indicated that the company's 26Q3 revenue was 61.2-6.98 billion, up 53.5%-75.1% year on year, up 29.7%-47.9% month on month; net profit to mother was 9.12-1.089 billion, up 205.5%-264.7% year on year, up 147.2%-195.2% month on month; net profit after deducting non-return mother of 939-1,116 million, up 294.3% -368.7% year on year, up 239.9%-304.0% month on month. The company is full of on-hand orders in the field of AI servers, data centers, and high-speed optical modules, and the production capacity utilization rate and yield are high, and the company is making every effort to ensure the achievement of delivery goals.

The bank believes that the company's Q3 deduction is still higher than the net profit due to the mother, which highlights the significant improvement in the company's overall operating quality and profitability. Also, considering that the company's previous equity incentive plan had an equity incentive fee of about 66 million in a single quarter in Q3, the actual profit level of the business increased significantly.

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