Shanghai, Jan 26, 2026, 09:57 CST — Regular session
- Shares of United Nova Technology, listed as Class A on the Shanghai exchange, surged in early trading.
- Traders zeroed in on the company’s margin outlook and 2025 performance forecast.
- Upcoming catalysts will be the audited annual report and any updates on utilisation and pricing.
United Nova Technology Co., Ltd.’s Class A shares jumped 9.9% to 7.88 yuan in morning trading, hitting an intraday high of 8.15 yuan. Around 215 million shares exchanged hands, generating turnover near 1.7 billion yuan. The stock had closed at 7.17 yuan in the previous session.
The shift comes amid the STAR Market’s ramping up of its yearly “performance forecast” period, as more tech companies roll out preliminary 2025 figures that could reshape outlooks ahead of audited reports. STCN
United Nova’s buying pressure has followed chatter about better profitability — not a full turnaround, but enough to keep momentum traders engaged during quiet trading and sparse headlines.
Last week, the company released a forecast projecting 2025 revenue at roughly 8.19 billion yuan, marking a 25.83% increase from last year. It also anticipates an attributable net loss—meaning the loss borne by shareholders—of about 577 million yuan, narrowing by around 40%. The firm expects a gross margin near 5.92%, driven by strong capacity utilization, upgraded product mix, and growth in automotive, industrial control, high-end consumer, and AI-related sectors.
The filing also highlighted gains in management and expenses tied to merger and restructuring efforts, but stressed the forecast numbers remain preliminary and unaudited, with final audited results expected later.
Monday’s trading stayed comfortably within the STAR Market’s daily price limit. Typically, STAR stocks have a 20% up-or-down threshold during auction sessions, calculated from the previous close. This limit can intensify intraday moves when sentiment shifts sharply.
The upside depends on execution. Investors are wagering that steady utilisation and an improved mix will continue boosting margins, yet the company still expects a full-year loss. Plus, the final audit could shift the figures.
The next step is clear-cut: confirmation. Mainland disclosure rules require listed firms to release audited annual reports within four months after their fiscal year ends. For United Nova, that sets a late April deadline for its 2025 report.
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