JCET Group announced a performance forecast, with its Q2 net profit expected to increase by 65% to 127% on a quarter-on-quarter basis

According to the announcement, JCET Group expects its net profit attributable to shareholders of the listed company for the first half of 2026 to range from RMB 770 million to RMB 950 million, representing a year-on-year increase of 63.48% to 101.70%. Given that its Q1 net profit was RMB 290 million, this implies an estimated Q2 net profit of RMB 480 million to RMB 660 million, marking a quarter-on-quarter growth of 65% to 127%.
This performance improvement is primarily attributed to the growing demand for AI-related infrastructure and the rising prosperity of the semiconductor industry. Furthermore, the company has strengthened its market expansion efforts, resulting in increased customer orders and higher capacity utilization. Concurrently, JCET has optimized its product mix and deepened its cost-reduction and efficiency-enhancement initiatives.