Tianjin Printronics Circuit Corp

Tianjin Printronics released its 2026 semi-annual report, with first-half revenue of 944 million yuan, up 43.47% year on year, and net profit attributable to shareholders of the listed company of 44.3615 million yuan, up 560.06% year on year. The company said AI power-related business demand grew strongly in the first half, while production capacity at its South China base was gradually released. Based on calculations, second-quarter net profit was 33 million yuan, up 182% quarter on quarter, versus a previously guided range of 24 million to 40 million yuan.

Tianjin Printronics has released its 2026 semi-annual report. During the reporting period, the company achieved operating revenue of 943.88 million yuan, up 43.47% year on year. Net profit attributable to shareholders of the listed company was 44.36 million yuan, up 560.06% year on year. Gross margin rose 6.15 percentage points to 19.27%. The company seized structural prosperity opportunities in the PCB industry, with full order books and notable results from expansion across multiple sectors. Revenue from its South China base grew 69.8%, while capacity at its Zhuhai base increased 120% from the start of the year to 110,000 square meters per month. Facing rising raw material prices, the company significantly improved gross margin through internal cost reduction and price pass-through. Looking ahead to the second half, the company expects AI power demand to remain highly prosperous and has already begun planning and construction of its C line, adding 35,000 square meters per month of new capacity to build momentum for future growth.

Tianjin Printronics disclosed its earnings forecast, expecting attributable net profit for the first half of 2026 to be between 36 million yuan and 52 million yuan, representing a year-on-year increase of 435.64% to 673.71%. Deducted non-recurring net profit is expected to be between 33 million yuan and 49 million yuan, up 365.05% to 590.53% year-on-year. Basic earnings per share are projected at 0.15 yuan to 0.21 yuan. The company stated that the significant profit growth is mainly due to sufficient orders on hand, the steady ramp-up of production capacity at its subsidiary Taihe Circuit Technology Zhuhai Company Limited, and continuous optimization of internal operations and management.

On July 8, several A-share companies disclosed their earnings forecasts, with many expecting their first-half net profit attributable to the parent company to multiply. SDG Information expects net profit attributable to the parent company to be between 55 million and 71 million yuan, a year-on-year increase of 881.42% to 1,166.93%, mainly due to the completion and acceptance of new computer construction projects in the smart services segment. Huachang Chemical expects net profit attributable to the parent company to be approximately 123 million yuan, up 1,025.93% year-on-year, benefiting from higher product sales prices and the commissioning of a polyol project. Guide Infrared expects net profit to be between 1.27 billion and 1.45 billion yuan, a year-on-year increase of 601.93% to 701.41%, driven by continued delivery of model project products and growth in the civilian infrared chip business. Tianfeng Securities expects net profit attributable to the parent company to be between 164 million and 246 million yuan, up 429.03% to 693.55% year-on-year, with increases in brokerage commission income and proprietary investment gains. Tianjin Printronics expects net profit attributable to the parent company to be between 36 million and 52 million yuan, a year-on-year increase of 435.64% to 673.71%, with sufficient orders on hand and capacity release at Taihe Circuit Technology. Haisco Pharmaceutical expects net profit attributable to the parent company to be between 790 million and 870 million yuan, up 513.25% to 575.35% year-on-year, with rapid growth in innovative drug sales and receipt of upfront payments for product out-licensing. Yachuang Electronics expects net profit attributable to the parent company to be between 220 million and 270 million yuan, a year-on-year increase of 439% to 561.49%, as the automotive electronics business improves and benefits from strategic cooperation in storage and passive components. Baoding Technology expects net profit attributable to the parent company to be between 125 million and 145 million yuan, up 468.71% to 559.71% year-on-year, with subsidiary Jinbao Electronics turning around its copper clad laminate and copper foil business, and Hexi Gold Mine benefiting from high gold prices. Xinxiang Chemical Fiber expects net profit attributable to the parent company to be between 300 million and 400 million yuan, a year-on-year increase of 378.09% to 537.45%, with higher sales volumes and gross margins for biomass cellulose filament and spandex fibers. Maxvision Technology expects net profit attributable to the parent company to be between 105 million and 135 million yuan, up 336.02% to 460.59% year-on-year, as computing power-related business begins to recognize revenue and becomes a new growth driver. Cangzhou Dahua expects net profit attributable to the parent company to be around 101 million yuan, an increase of about 330.75% year-on-year, with a significant rise in TDI market prices and increased market share for specialty PC.

On the evening of July 8, a number of A-share listed companies disclosed their 2026 first-half earnings forecasts, with many reporting explosive growth. Among them, SDG Information expects net profit to rise by more than 11 times. The chemical sector is firing on all cylinders: Huachang Chemical forecasts a more than 10-fold increase; Cangzhou Dahua expects net profit of about 100 million yuan, up roughly 330.75 percent year-on-year; Dynamic Chemicals projects net profit between 95 million and 100 million yuan, an increase of 98.26 to 108.7 percent; and Xinxiang Chemical Fiber anticipates a profit of 300 million to 400 million yuan, up 378.09 to 537.45 percent. The electronics sector also continues its high-growth trend: Yachuang Electronics expects net profit of 220 million to 270 million yuan, a jump of 439 to 561.49 percent; Tianjin Printronics forecasts net profit of 36 million to 52 million yuan, surging 435.64 to 673.71 percent; Ben Chuan Intelligent projects net profit of 32 million to 48 million yuan, up 49.12 to 123.68 percent; and Baoding Technology expects net profit of 120 million to 145 million yuan, an increase of 468.71 to 559.71 percent. In addition, Maxvision Technology forecasts net profit of 105 million to 135 million yuan, up 336.02 to 460.59 percent; Jingxing Paper expects net profit of 130 million to 160 million yuan, rising 136.22 to 190.73 percent; and Teway Food Group projects net profit of 373 million to 389 million yuan, an increase of 96.43 to 104.45 percent.