Jiangsu Allfavor Intelligent Circuits Technology CO.Ltd

Nanjing University Environment's controlling shareholder plans to transfer no less than 15% of the company's total share capital through public solicitation of transferees by agreement. The completion of the transfer may lead to a change in the company's controlling shareholder and actual controller. Ben Chuan Intelligent plans for the company and its wholly owned subsidiary Zhuhai Shuohong to invest a total of no more than 3 billion yuan to expand high-end PCB capacity in Nanjing and Zhuhai. The Nanjing project has a planned total investment of about 2 billion yuan to build an industrial project with annual output of 1.5 million square meters of AI computing high-multilayer and high-order HDI circuit boards. The Zhuhai project plans to invest no more than 1 billion yuan to implement the Zhuhai Shuohong Phase II multilayer high-end interconnect products South China intelligent manufacturing base project. In addition, Zhifei Biological's controlling subsidiary Chongqing Chen'an Biopharmaceutical Co., Ltd. has had its application for production registration of semaglutide injection accepted by the National Medical Products Administration. Changgao Electric's four subsidiaries won a total of 299 million yuan in State Grid bidding, accounting for 17.96% of the company's 2025 consolidated operating revenue. Zhou Jinyi, a person acting in concert with the controlling shareholder of Asia-Pacific Technology, plans to increase his shareholding in the company by no less than 50 million yuan and no more than 100 million yuan. Guangyi Investment, a person acting in concert with the actual controller of Hangzhou Kelin, plans to increase its shareholding in the company by no less than 25 million yuan and no more than 50 million yuan. Yuwell Medical plans to repurchase company shares worth no less than 200 million yuan and no more than 400 million yuan.

Benchuan Intelligent announced on September 8 that it plans to sign an agreement with the Nanjing Lishui Economic Development Zone Administrative Committee to invest approximately 2 billion yuan in a project with an annual capacity of 1.5 million square meters of high-multilayer and high-order HDI circuit boards for AI computing. The project will use about 60.9 mu of land and is expected to be completed within five years. Once fully operational, it is projected to generate annual output value of 2 billion yuan, contribute no less than 60 million yuan in taxes, and create 500 jobs. The company said AI computing demand is strong and the project will help improve its industrial layout. In the first half of 2026, the company reported revenue of 611 million yuan, up 61 percent year on year, and net profit of 42.7023 million yuan, up 98.99 percent year on year. As of September 8, the company's share price had risen about 58 percent cumulatively this year.

Benchuan Intelligent released its 2026 interim report. First-half net profit attributable to the parent company was 42.7 million yuan, up 99% year on year. Operating revenue was 611 million yuan, up 61.0% year on year. Net profit attributable to the parent after deducting non-recurring items was 41.27 million yuan, up 124.4% year on year. Net operating cash flow was 3.74 million yuan, up 129.1% year on year. Second-quarter net profit attributable to the parent was 30.76 million yuan, up 176.7% year on year. The company said it has completed filing for the technical transformation project of a new-generation intelligent production line for printed circuit boards, which is expected to begin production in the first quarter of 2027, and contracted order value rose 86.65% year on year.

Ben Chuan Intelligent issued an announcement, expecting attributable net profit for the first half of 2026 to be between 32 million yuan and 48 million yuan, an increase of 49.12% to 123.68% compared with the same period last year. Net profit after deducting non-recurring gains and losses is expected to be between 30 million yuan and 45 million yuan, a year-on-year increase of 63.13% to 144.69%. The profit growth is mainly due to deepening relationships with core customers, capacity release, optimization of product and customer mix, and refined supply chain management. The company has stabilized product profitability by deepening its major customer strategy and optimizing its customer structure. The steady release of capacity at the Nanjing production base and the first phase of Zhuhai Shuohong has improved overall delivery capability and capacity utilization. The steadily rising revenue share of high-value-added PCB products has also supported profit growth. In the first quarter of 2026, Ben Chuan Intelligent achieved revenue of 235 million yuan and attributable net profit of 11.94 million yuan.