Fenghua Advanced Technology Issues Third Straight Abnormal-Trading Notice After 20% Deviation
Fenghua Advanced Technology said its shares rose more than 20% cumulatively over three trading sessions from September 10 to September 14, 2026, triggering a Shenzhen Stock Exchange abnormal-trading notice. The stock closed at RMB 58.90 on September 14, up 5.2%, with a market value of RMB 67.587 billion and turnover of RMB 12.848 billion. First-half revenue reached RMB 3.50 billion and net profit RMB 290 million.
On the evening of September 14, 2026, Fenghua Advanced Technology issued an announcement on abnormal fluctuations in its stock trading. The announcement said the cumulative deviation of the company's closing price increases over three consecutive trading days—September 10, September 11 and September 14, 2026—exceeded 20%, constituting abnormal stock trading fluctuations as defined by the Shenzhen Stock Exchange.
On September 11, the company's share price hit the daily limit and closed at RMB 55.99 per share. On September 14, the share price rose 5.2% to close at RMB 58.90 per share, giving a market value of RMB 67.587 billion, with full-day turnover of RMB 12.848 billion and a turnover rate of 19.15%. As of September 14, the stock had risen 16.75% cumulatively over the previous five trading days. From the start of 2026 to September 14, Fenghua Advanced Technology's share price had risen 261.79% cumulatively. This was the company's sixth abnormal stock trading announcement since late May 2026.
The announcement said the company had verified relevant matters in response to the abnormal stock trading. After inquiring with the company's controlling shareholder and actual controller, as of the disclosure date of the announcement, neither the company nor its controlling shareholder or actual controller had any major undisclosed matter concerning the company that should be disclosed, nor any major matter in the planning stage. The company's board of directors confirmed that the company currently has no matters that should be disclosed but have not been disclosed under relevant regulations, nor any planning, negotiations, intentions or agreements related to such matters.
Public information shows that Fenghua Advanced Technology was founded in 1984 and listed on the Shenzhen Stock Exchange in 1996. Its controlling shareholder is Guangdong Rising Holdings Group Co. , Ltd. , and its actual controller is the State-owned Assets Supervision and Administration Commission of Guangdong Province. The company focuses on the research, development, production and sale of electronic components and electronic materials. Its core products include MLCCs, chip resistors and inductors, which are used in automotive electronics, industrial control, consumer electronics, communications, new energy, AI computing power, medical care and other fields. Both its MLCCs and chip resistors are national-level manufacturing single-champion products.
In the first half of 2026, Fenghua Advanced Technology recorded operating revenue of RMB 3.50 billion, up 26.28% year on year, and net profit attributable to shareholders of RMB 290 million, up 74.01% year on year. In the second quarter alone, operating revenue was RMB 1.985 billion, up 32.55% year on year, and net profit attributable to shareholders was RMB 202 million, up 97.29% year on year. The company said market demand for its main products, including MLCCs, chip resistors and inductors, continued to grow, with both sales volume and unit prices of main products rising year on year. On the supply side, Murata Manufacturing announced the launch of product line optimization and will discontinue some MLCC products; Samsung Electro-Mechanics will raise shipment prices for all MLCC categories by a uniform 30% from August 1, 2026.