Electrical Components and Equipment

Hongfa

Hongfa released FY2026 Q1 earnings on April 29 After-Market BJT, actual revenue CNY 5.108 B (forecast CNY 4.824 B), actual EPS CNY 0.3129 (forecast CNY 0.2627)

Hongfa to Release FY2026 Q1 Earnings on April 30 After-Market (BJT), Forecast Revenue CNY 4.824 B, EPS CNY 0.2627

Hongfa released FY2025 Q4 earnings on April 1 After-Market (BJT), actual revenue CNY 4.288 B (forecast CNY 4.161 B), actual EPS CNY 0.1945 (forecast CNY 0.3)

Hongfa released FY2025 annual earnings on April 1 After-Market (BJT), actual revenue CNY 17.2 B (forecast CNY 16.68 B), actual EPS CNY 1.2 (forecast CNY 1.2892)

Hongfa to release FY2025 earnings on April 2, 2026, after-market (BJT), forecast revenue CNY 16.68 B, EPS CNY 1.2892

Honfa Electronics Joins Forces with VinFast to Establish Joint Venture in Vietnam

Hongfa released FY2025 9 Months Earnings on October 30 Pre-Market (BJT), actual revenue CNY 12.91 B, actual EPS CNY 0.9808

Hongfa released FY2025 Q3 earnings on October 30 Pre-Market (BJT), actual revenue CNY 4.567 B (forecast CNY 4.002 B), actual EPS CNY 0.3374 (forecast CNY 0.39)

Hongfa to Release FY2025 Q3 Earnings on October 31 Pre-Market (BJT), Forecast Revenue CNY 4.002 B, EPS CNY 0.39

Honfa Shares Released 2025 Half-Year Report

Eastwu Securities Downgrades Hongfa's Target Price to 39.7 Yuan

Hongfa released FY2025 Q2 earnings on July 29 After-Market (BJT), actual revenue CNY 4.364 B (forecast CNY 4.322 B), actual EPS CNY 0.367 (forecast CNY 0.3818)

Hongfa released FY2025 Semi-Annual earnings on July 29 After-Market (BJT), actual revenue CNY 8.347 B, actual EPS CNY 0.6439

Hongfa FY2025 Semi-Annual Earnings Release on July 30, 2025 (BJT)

Hongfa Shares Advance Liquid Cooling Technology for Data Centers and Super Fast Charging

TF Securities Gives Hunanfa Shares a Buy Rating

Hongan Shares Q1 Net Profit at 411.1 Million Yuan

Hongfa released FY2025 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 3.983 B (forecast CNY 3.812 B), actual EPS CNY 0.2763 (forecast CNY 0.285)

Deep Cooperation Between Hongfa and Huawei

Hongfa to release FY2025 Q1 earnings on April 29 After-Market (BJT), forecast revenue CNY 3.812 B, EPS CNY 0.399

600885

According to the Zhitong Finance APP, Hongfa disclosed its third-quarter report for 2025, stating that the company achieved a revenue of 12.914 billion yuan in the first three quarters, a year-on-year increase of 18.82%; the net profit attributable to shareholders was 1.47 billion yuan, a year-on-year increase of 15.78%; the net profit excluding non-recurring gains and losses was 1.41 billion yuan, a year-on-year increase of 17.57%; and the basic earnings per share were 1.0069 yuan

Zhitong

Hongfa released its performance for the first three quarters, with a net profit attributable to the parent company of 1.47 billion yuan, a year-on-year increase of 15.78%

603861

688676

300423

002706

603191

The power grid equipment sector surged in the afternoon, with LXDQ hitting the limit up, followed by BYE, Sunfly Tech, Jinpan Smart Technology, Wangbian Electric, and Hongfa rising

Jinpan Smart Technology

Sunfly Technology

LXDQ

Wangbian Electric

The power grid equipment sector surged in the afternoon, with LXDQ hitting the limit up

300001

601567

002270

Guojin Securities released a research report indicating that the power equipment industry will continue to maintain stable operating performance in the first half of 2025, driven by global grid investment and emerging demand. It recommends focusing on AIDC, transformer exports, backbone network construction, and ultra-high voltage directions. In the first half of 2025, the power equipment sector is expected to achieve revenue of 170.1 billion yuan, a year-on-year increase of 13%, and a net profit attributable to the parent company of 14 billion yuan, a year-on-year increase of 14%. This is mainly attributed to the high profitability of leading companies' overseas businesses

TGOOD

SANXING

HUAMING

Guotai Junan Securities: The operating performance of the power equipment sector is stable, focusing on emerging downstream and overseas markets

000880

002648

601702

Recently, A-share listed companies have accelerated the disclosure of their semi-annual reports. Data shows that pension funds entered the top ten circulating shareholders list of more than 20 stocks in the second quarter. Among them, 11 stocks have a newly held market value exceeding 100 million yuan, including Hongfa, STL, and others. In addition, pension funds have also newly entered the top ten circulating shareholders list of several stocks such as WCZJ and Huafon Aluminium

WCZJ

Huafon Aluminium

The heavy holdings of pension funds in the second quarter are revealed

600406

605499

002837

600019

Goldman Sachs released a report listing the Chinese stocks that benefit from China's "anti-involution" policy, all of which have been given a "buy" rating. Benefiting stocks include Nongfu Spring, Fuyao Glass, Conch Cement, Mengniu Dairy, Master Kong, China Feihe, CATL, Midea Group, Gree Electric, Haier Smart Home, Wanhua Chemical, NARI-TECH, Yili Group, Baosteel, EASTROC BEVERAGE, LONGi Green Energy, Top Group, Envicool, Guoxuan High-tech, and Hongfa

AASTOCKS

NARI-TECH

EASTROC BEVERAGE

Envicool

Baosteel

Goldman Sachs lists Chinese stocks that benefit from China's "anti-involution" policy (Table)

002353

600114

688768

301052

As of August 8, pension funds appeared among the top ten circulating shareholders of 6 individual stocks in the second quarter, holding a total of 51.2281 million shares, with a market value of 1.344 billion yuan. Among them, Ronds and Goldmye Inc. held 4 million shares and 2 million shares, with market values of 155 million yuan and 79 million yuan, respectively. The individual stocks with holdings exceeding 10 million shares include Hongfa, Jereh Group, and NBTM, with pension fund holdings of 2.8 million shares, 700,000 shares, and 600,000 shares, respectively. Pension fund holdings are mainly concentrated in the media III, household durable goods, and machinery industries

Jereh Group

NBTM

Ronds

Goldmye Inc.

As of August 8, pension funds appeared among the top ten circulating shareholders of 6 stocks in the second quarter

002472

002028

According to the information on foreign investors' shareholding released by the Shanghai and Shenzhen Stock Exchanges, on July 30, a total of 3 stocks had a foreign investor ownership ratio exceeding 24%. Among them, 1 stock had a foreign investor ownership ratio exceeding 28%. As of July 30, foreign investors held 218 million shares of SIEYUAN, accounting for 28.07% of the total share capital; foreign investors held 371 million shares of Hongfa, accounting for 25.446% of the total share capital; foreign investors held 210 million shares of SHUANGHUAN COMPANY, accounting for 24.81% of the total share capital

SHUANGHUAN COMPANY

SIEYUAN

The list of stocks heavily purchased by foreign capital on July 30th is released

000921

00921

During the earnings report disclosure season, the latest stockholding trends of institutions are gradually becoming clear. At the end of the second quarter, pension accounts appeared in the top ten circulating shareholders of Hongfa and Hisense H.A. Among them, the Basic Pension Insurance Fund 807 Portfolio and the Basic Pension Insurance Fund 15022 Portfolio are the ninth and seventh largest circulating shareholders of Hongfa, with a total holding of 28.2227 million shares, accounting for 1.93% of the circulating shares. The Basic Pension Insurance Fund 1204 Portfolio is the tenth largest circulating shareholder of Hisense H.A., holding 4.5961 million shares, accounting for 0.50% of the circulating shares

Hisense H.A.

HISENSE HA

Pension funds appeared in the second quarter on the top ten circulating shareholder list of 2 stocks

During the earnings report disclosure season, the latest holdings of institutions are gradually becoming clear. At the end of the second quarter, pension accounts appeared in the top ten circulating shareholders of Hongfa. The Basic Pension Insurance Fund 807 Combination and the Basic Pension Insurance Fund 15022 Combination are the ninth and seventh largest circulating shareholders of Hongfa, holding a total of 28.2227 million shares, accounting for 1.93% of the circulating shares

Pension funds appeared in the top ten circulating shareholders of Hongfa in the second quarter

Hongfa released its semi-annual report for 2025, with operating revenue of 8.347 billion yuan, a year-on-year increase of 15.43%; net profit attributable to shareholders was 964 million yuan, a year-on-year increase of 14.19%. The net profit excluding non-recurring gains and losses was 927 million yuan, a year-on-year increase of 17.85%. The basic earnings per share were 0.6605 yuan. The company's power relay business in the consumer electronics sector achieved good growth, and the market demand for signal relays has increased, with expectations of maintaining steady growth for the whole year

Hongfa released its performance for the first half of the year, with a net profit attributable to the parent company of 964 million yuan, a year-on-year increase of 14.19%

Hongfa(600885.SH)