JCET revenue hits RMB 19.53 billion in record first half

JCET Group (SSE: 600584) reported first-half 2026 revenue of RMB 19.53 billion, up 4.96% year over year, while net profit attributable to shareholders rose 79.41% to RMB 845 million. Net profit excluding non-recurring items increased 84.73% to RMB 808 million, showing that earnings growth substantially outpaced sales. Operating cash flow rose 26.75% to RMB 2.96 billion, with a cash collection ratio of 108.4%. Growth was supported by artificial intelligence infrastructure and edge-device demand, China's semiconductor substitution drive, improving global industry conditions, higher customer orders and elevated capacity utilization. Computing electronics revenue increased 40.4%, automotive electronics rose 25.0% and testing services grew 9.4%. JCET is expanding advanced packaging capacity and developing Hybrid Bonding, panel-level packaging and co-packaged optics, while its Lingang automotive electronics plant has entered volume manufacturing. The company also announced a pre-tax cash dividend of RMB 0.5 per 10 shares.

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