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Guangdong Create Century Intelligent Equipment Group Corp Ltd

Guangdong Create Century Intelligent Equipment Group Corporation Limited, together with its subsidiaries, engages in the research, development, production, and sale of high-end intelligent equipment business in China. The company offers vertical machining, drilling and milling machining, profile machining, horizontal machining, 5-axis machining, and gantry machining center products, as well as CNC lathe and CNC swiss-type automatic lathe products. Its products are used for aerospace, consumer electronics, and new energy vehicles applications. The company was formerly known as Guangdong Create Century Intelligent Equipment Corporation Limited and changed its name to Guangdong Create Century Intelligent Equipment Group Corporation Limited in December 2020. Guangdong Create Century Intelligent Equipment Group Corporation Limited was founded in 2003 and is headquartered in Shenzhen, China.

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Genesis: Liquid cooling industry to enter mass production in 2026, boom cycle sustainable

Genesis stated at its earnings briefing on August 26 that the liquid cooling industry in 2025 will focus mainly on sampling and small-batch deliveries, with formal mass production only beginning in 2026. Currently, only demand from leading overseas customers has entered the ramp-up phase, while demand from other overseas AI manufacturers and domestic computing power manufacturers is still in its early stages. In addition, edge-side computing power demand beyond central computing power has not yet started. The company expects the industry's boom cycle to be sustainable.
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Genesis expects increased demand for optical module equipment by 2027

Genesis said at its earnings briefing on August 26 that the company has secured batch equipment orders in the optical module sector and expects demand for equipment in the optical module track to increase by 2027. The company noted that optical module processing requires high precision and stability from machine tools, involves large single-batch procurement volumes, and has a business model highly similar to the 3C ecosystem, with strong customer stickiness.
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Genesis posts first-half net profit attributable to parent of 301 million yuan, up 29.11% year on year

Genesis announced that in the first half of 2026, the company achieved operating revenue of 3.205 billion yuan, up 31.26% year on year, and net profit attributable to shareholders of the listed company of 301 million yuan, up 29.11% year on year.
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Create Century Factor subsidiary fined 382 million yuan for patent infringement, disclosure delay triggers warning letter for company, chairman, and board secretary

Guangdong Create Century Intelligent Equipment Group received a warning letter from the Guangdong Securities Regulatory Bureau for failing to disclose material litigation progress in a timely manner. The company's wholly-owned subsidiary, Shenzhen Create Century, was ordered by the Supreme People's Court in a second-instance ruling to jointly compensate Beijing Jingdiao for economic losses of 379 million yuan and reasonable expenses of 2 million yuan, totaling 382 million yuan, due to patent infringement. Shenzhen Create Century failed to perform on time, and Beijing Jingdiao applied for compulsory enforcement in January 2026, freezing its bank accounts. As of March 16, a cumulative 75.11 million yuan had been frozen, and from March 17 onward, funds were deducted, with cumulative deductions reaching 76.01 million yuan as of March 27. The company delayed disclosing the above until May 14, 2026, and also failed to disclose the enforcement progress in its 2025 annual report. The Guangdong Securities Regulatory Bureau determined that the company, chairman Xia Jun, and board secretary Wu Yongbing violated information disclosure regulations and issued them a warning letter. The company stated it has filed for a retrial and will actively rectify the situation.
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Genesis and its chairman, board secretary warned over delayed disclosure of 382 million yuan patent infringement enforcement against subsidiary

Genesis has received a warning letter from the Guangdong Securities Regulatory Bureau, and the Shenzhen Stock Exchange has also issued a regulatory letter, after the company failed to promptly disclose the enforcement progress of a 382 million yuan patent infringement lawsuit involving its wholly-owned subsidiary Shenzhen Genesis. The warning was directed at the company, chairman Xia Jun, and board secretary Wu Yongbing. In December 2025, the Supreme People's Court issued a second-instance judgment ordering Shenzhen Genesis to jointly compensate Beijing Jingdiao for economic losses of 379 million yuan and reasonable expenses of 2 million yuan, totaling 382 million yuan. After the judgment took effect, Shenzhen Genesis did not fulfill its obligations on time. Beijing Jingdiao applied for compulsory enforcement in January 2026 and froze its bank accounts. As of March 16, a cumulative total of 75.1116 million yuan had been frozen, and by March 27, a cumulative total of 76.0079 million yuan had been deducted. Genesis delayed disclosing a temporary announcement until May 14, 2026, and did not disclose the enforcement status in its 2025 annual report. The company stated that Shenzhen Genesis has applied to the Supreme People's Court for a retrial of the technical secret dispute case and the application has been accepted, but there is significant uncertainty as to whether a retrial will be granted and its outcome.
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