Focus Stock: Jianzhun's H2 Operations Expected to Thrive, Stock Price Hits Record High

Jianzhun (2421-TW), a heat sink fan manufacturer, is benefiting from continued demand for air-cooled heat dissipation. In the second half of the year, the company expects to outperform the first half, driven by strong GPU demand and the introduction of ASIC projects. This has led to a surge in the company's stock price, which hit a new high for the year at 179.5 yuan on the 31st.

Jianzhun opened at 163.5 yuan in the early trading session and saw a surge, triggering a circuit breaker. Although the circuit breaker was briefly lifted, it was re-triggered, locking in at 179.5 yuan, a new high for the year. The stock price has surpassed all moving averages, with nearly 100 buy orders in the queue and a trading volume exceeding 18,000 shares. Institutional investors have also been actively buying, with a net buy of 7,817 shares over the past week.

In addition to the positive outlook for fan products, Jianzhun is actively expanding into large EC fans and water-cooled heat dissipation, particularly water blocks. With sustained strong demand for AI data centers, these areas are expected to become new growth drivers for the company.

Jianzhun's cumulative revenue for the first half of the year was 10.438 billion yuan, up 18.28% year-on-year. Gross margin was 31.45%, up 1.53 percentage points, operating margin was 15.56%, up 1.62 percentage points, and net profit after tax was 1.339 billion yuan, up 58.3%, with earnings per share at 4.78 yuan.