SOURCE / ECONOMY
Over 500 Chinese companies listed at A-share market disclose 2025 earnings preannouncements; multiple AI-related firms report significant growth
Published: Jan 21, 2026 04:59 PM
Robotic arms produce robots at a factory of Estun Automation in Nanjing, East China's Jiangsu Province. Photo: VCG

Robotic arms produce robots at a factory of Estun Automation in Nanjing, East China's Jiangsu Province. Photo: VCG


More than 500 companies listed in China's A-share market have made public their 2025 yearly earnings preliminary results by Wednesday, with a good number of high-tech companies reporting positive growth in earnings thanks to the strong empowerment of artificial intelligence (AI).

At least 584 companies have released their 2025 earnings preliminary results now. Among them, a total of 96 companies saw their net profit growth more than double year-on-year, and 93 companies reported net profit growth between 50-100 percent, the Securities Times reported on Wednesday.

The profitability of the high-tech enterprises, especially the "hard technology" segment, has improved. In particular, the continuous expansion of AI infrastructure and computing power needs has driven the increase in demand for related products, and the profitability of leading enterprises across the upstream and downstream of the industrial chain has generally been enhanced.

For example, Shenzhen-based Biwin Storage Technology Co, a manufacturer specializing in memory chip products, announced that net profits attributable to shareholders stood at between 850 million and 1 billion yuan in 2025, up 427.19 to 520.22 percent year-on-year, according to a company filing to the Shanghai Stock Exchange.

In 2025, the company maintained rapid growth in the AI edge-computing field, continuously strengthened capacity building in advanced packaging, and achieved steady overall progress in the wafer-level advanced packaging and testing manufacturing project. Currently, the company is advancing sampling and verification work in accordance with customer needs, providing customers with a one-stop integrated solution of "storage + wafer-level advanced packaging and testing," it said.

Victory Giant Technology, a company based in Huizhou, South China's Guangdong Province, specializing in the research and development, production, and sales of high-precision printed circuit boards, said that its net profits attributable to shareholders soared by 260- 295 percent year-on-year in 2025 to reach between 4.16 and4.56 billion yuan, according to the company's statement.

In key fields such as AI computing power, data centers, and high-performance computing, multiple high-end products of the company have achieved mass production, driving upgrades in product structure toward higher value-added and greater technical complexity, significantly increasing the proportion of high-end products and promoting rapid performance growth, the company said.

China achieved multiple breakthroughs in the tech field in 2025, with several AI-powered large language models successively released, including DeepSeek. These large models show that China has developed certain leading advantages in the process of the AI revolution. At the same time, China has continuously made breakthroughs in key technologies such as semiconductors, and domestic substitution is accelerating. All of these created opportunities to hard-tech enterprises last year, Yang Delong, chief economist at Shenzhen-based First Seafront Fund, told the Global Times on Wednesday.

In 2026, the first year of the 15th Five-Year Plan period (2026-30), semiconductors, AI, advanced manufacturing, and internet technology sector remain key focuses of market attention. AI technology has been applied across multiple industries and significantly improved production efficiency. As application scenarios continue to expand, its long-term value creation potential deserves sustained attention, Yang said.

In Asian markets, high-quality Chinese enterprises remain attractive to investors, with both A-shares and Hong Kong stocks serving as core allocation directions. The Recommendations of the Central Committee of the Communist Party of China for Formulating the 15th Five-Year Plan for National Economic and Social Development emphasize the development of key fields such as new quality productive forces, green and environmental protection, and technology. The weight of stocks in technology and new economy sectors in the MSCI China Index has approached 50 percent, becoming a core engine of market growth, according to a note DBS Bank sent to the Global Times on its market outlook for the first quarter of 2026.

Wang Zonghao, head of China equity strategy research at UBS, wrote in a note that he favors technology and internet in 2026, as the progress in AI will be a critical catalyst, and he is also positive on photovoltaic supply chain.

During the 14th Five-Year Plan period (2021-25), a group of emerging industries, including new energy vehicles, solar panels, as well as low-altitude, shipbuilding and marine engineering equipment, achieved rapid expansion, Zhang Yunming, vice minister of the Ministry of Industry and Information Technology (MIIT), said at a press conference on Wednesday.

China will implement a series of initiatives and action plans aimed at further developing and strengthening emerging and future industries during the 15th Five-Year Plan period (2026-30), Zhang said.