114 Companies Disclose Ample Order Backlogs Since October; 9 Launch Share Buyback Plans Simultaneously

Since October, amid sharp volatility in the A-share market, listed companies have shown markedly greater willingness to voluntarily disclose their operating fundamentals and stabilize market expectations. According to incomplete statistics, 114 companies have publicly disclosed that their order backlogs remain ample since October. Among them, several tech giants worth over 100 billion yuan have taken the lead, including Eoptolink, Zhongji Innolight, TFC Optical Communication, and Shennan Circuits. In terms of performance, the 114 companies generally posted profits in the first three quarters of this year, and more than 20 companies, including Dramexchange-related firm Delmi Technology, Shennan Circuits, and Sanhua Group, each recorded net profits exceeding 1 billion yuan in the first three quarters. Based on the date of the first buyback plan announcement, 9 of the 114 companies have launched share buyback plans since October. (Securities Times)