Zhuhai Bojay Electronics Co Ltd

Bojie Shares released its semi-annual report for 2026, achieving operating revenue of 1.122 billion yuan, up 66.84% year-on-year. Net profit attributable to shareholders of the listed company was 171 million yuan, up 746.94% year-on-year. Second-quarter net profit was 105 million yuan, above the midpoint of the previously guided range of 84 million to 119 million yuan, and up 59% quarter-on-quarter.

The 2026 World Robot Conference will be held from August 19 to 23, 2026, alongside the World Robot Expo and the World Robot Contest. ThunderSoft said its full range of mobile robot products includes core offerings such as latent mobile robots, forklift robots, and composite and embodied robots. In January 2026, its subsidiary Hangzhou Xiaowu Intelligent Co., Ltd. signed a strategic cooperation agreement with the Beijing Humanoid Robot Innovation Center, and the two sides will carry out in-depth cooperation on the large-scale application of humanoid robots in vertical scenarios such as automobile manufacturing, warehousing and logistics, and commercial services. OGAWA said the company is accelerating its embodied intelligence business layout and exploring scenario-based application implementation of health service robots in vertical fields. Ningbo Huaxiang said its subsidiary Huaxiang Qiyuan will have a booth at the World Robot Conference to showcase its latest bipedal and quadruped robot bodies as well as lightweight joint components and skeletal parts. Bojay Electronics said that in response to the needs of humanoid robots for electronic eye observation, electronic skin tactile sensing, and microphone sound reception, it has developed testing technologies adapted to humanoid robot cameras, force sensors, and microphones.

A-share indium phosphide concept stocks rallied collectively on August 6. Bojie Co., Yunnan Germanium each hit their third consecutive daily limit up, Youyan New Materials rose for a second straight day, and Oulai New Materials, Xingye Technology, Suqian Liansheng, and Haite High-Tech were among the top gainers. The catalyst was Nvidia's forecast that global indium phosphide wafer demand will surge roughly 20-fold from 2026 to 2030. However, expanding indium phosphide substrate production is extremely difficult: a single production line requires over 1.2 billion yuan in investment, and the expansion cycle lasts three to five years, meaning new supply will lag far behind demand growth. Indium phosphide is a classic III-V compound semiconductor material with strong suitability for optical communications and high-speed electronic devices. The explosion in AI computing power demand is directly driving continuous expansion of its market size. The supply side faces rigid constraints. Indium is a rare dispersed non-ferrous metal, with about 90 percent of primary indium coming as a byproduct of zinc smelting. China holds the world's largest indium reserves, with proven reserves of about 20,000 tonnes, accounting for 75 percent of global recoverable reserves. China has also imposed export controls on indium phosphide and capped annual indium exports at no more than 30 percent of annual output. Multiple brokerages believe that upstream indium resources are subject to the dual constraints of being a byproduct and under export controls, and that indium phosphide substrates, as the most upstream manufacturing segment of the supply chain, are currently the most critical bottleneck in the AI optical module chain. The supply-demand imbalance is unlikely to ease in the short term, and upstream scarce resources as well as companies with large-size substrate mass production capabilities will benefit over the long term.

The A-share MLCC concept sector remained active in the afternoon of August 4, closing with an overall gain of 4.9%, as Bojay Electronics and Dongcai Technology hit their daily limit. In terms of news, leading Japanese and Korean manufacturers such as Murata, Samsung Electro-Mechanics, and Taiyo Yuden have successively raised prices for high-end, high-capacitance MLCCs used in AI servers and automotive-grade applications, with increases ranging from 15% to 30%. Several companies have acknowledged that delivery lead times for high-end products continue to lengthen, and production capacity can no longer fully meet customers' incremental demand. Samsung Electro-Mechanics will raise the shipment prices of all its MLCC categories by 30% starting August 1, 2026. Taiyo Yuden will adjust prices for some products from September 1. Murata Manufacturing took the lead as early as the end of March, raising prices for AI server and high-end automotive-grade MLCCs by 15% to 35%. The latest financial reports from leading manufacturers confirm this upcycle. Murata Manufacturing's revenue for the first quarter of fiscal 2026 reached 502.3 billion yen, up 20.7% year-on-year, with operating profit of 98.5 billion yen, up 59.8% year-on-year, and its capacitor segment revenue of 282.5 billion yen, up 30% year-on-year. Samsung Electro-Mechanics' sales revenue for the second quarter of 2026 was 3.4572 trillion won, up 24% year-on-year, and operating profit was 440.4 billion won, up 107% year-on-year. Multiple brokerages believe that the explosive growth in AI computing demand is the core driver. A Goldman Sachs research report shows that the AI server MLCC market is expanding rapidly at a compound annual growth rate of around 80%, with high-end MLCC supply and demand remaining tight, and the industry has entered a new cycle of rising prosperity.