PCB concept stock Red Board Technology hit its daily limit up in afternoon trading on the 16th, briefly staging a limit up from limit down move, with turnover exceeding 2 billion yuan. The company recently released its half-year 2026 earnings forecast, expecting net profit attributable to parent company owners of 480 million to 590 million yuan, a year-on-year increase of 100.12% to 145.98%. The significant profit growth was mainly due to the wholly-owned subsidiary Ji'an Huiyang Electronics winning the bid for a 100% stake in Jiangxi Zhihao Electronic Technology and consolidating it into the financial statements, recognizing non-operating income of 302 million yuan. The company also noted that a sharp rise in major raw material procurement prices led to a slight decline in gross margin for the period, and it will explore cost reduction through process optimization and material substitution.
Jiangxi Redboard Tech Co LtdCompany expects net profit to increase 100-146% YoY, driven by non-operating income from subsidiary's acquisition.