Hot Stock: Yongdao-KY Surges 18.5% Weekly on Rising Demand and New Production Capacity Boosting Revenue

Yongdao-KY (6863-TW), an RFID tag manufacturer, has seen its revenue rise positively due to the contribution from its newly completed Vietnam plant and increased customer procurement. Foreign investors have been net buyers for five consecutive trading days, driving the stock price to close at NT$117.5 this week, marking a three-month high, with a weekly gain of 18.57%.

Yongdao-KY, part of the YFY Group, reported June revenue of NT$574 million, a record high for a single month, up 34.15% month-on-month and 80.81% year-on-year. Benefiting from rising customer demand, second-quarter revenue reached NT$1.525 billion, up 65.24% year-on-year. Revenue for the first half of 2026 totaled NT$2.682 billion, up 29.71% year-on-year, also setting a new historical high for the same period. Starting in the third quarter of 2026, the Vietnam plant is expected to make a significant revenue contribution, becoming a key growth driver for the second half of the year. Additionally, Yongdao-KY plans to take action on building a factory in the United States.

In addition to June's strong revenue performance, trading volume increased daily this week. The stock's daily K-line chart showed four consecutive green candles, closing the week at NT$117.5, above all moving averages, potentially creating a price-comparison effect with Weiqiao (6417-TW). The stock gained 18.57% for the week, breaking out of a long-term bottom formation since March. Short-term support is seen at the 5-day moving average of NT$107.36.