The Zhitong Finance App learned that Jingwang Electronics (03228) opened more than 5% higher after the performance. As of press release, it had risen 5.12% to HK$59.5, with a turnover of HK$3.552,200.

According to the news, on October 26, Jingwang Electronics announced its results for the third quarter of 2026. The group achieved operating income of 6.621 billion yuan, an increase of 66.06% over the previous year; net profit attributable to shareholders of listed companies was 1,014 billion yuan, an increase of 239.67% over the previous year; and basic earnings per share were 1.01 yuan.

On the same day, Jingwang Electronics announced that after comprehensively considering factors such as the company's business situation, business development prospects, financial situation, and future profitability, the company plans to use its own funds or self-raised funds to repurchase some RMB common stock (A shares) shares already issued domestically by the company through centralized bidding transactions to implement employee stock ownership plans or equity incentives. The total amount of the proposed repurchase capital is 50 million to 100 million yuan, and the repurchase price does not exceed RMB 150.70 per share (inclusive).

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