February 26 Evening Review

This review and information are solely personal stock market summaries and do not constitute stock recommendations. Please do not follow the stocks mentioned.

Some review content is provided a day in advance for dedicated fans to analyze in the evening!

Today’s key review points

[Taoguba]
Current status: The rate of hitting the daily limit and upgrading is not high; the main trend is reaching new highs, with very rapid sector rotation.

Next week’s Two Sessions will open, and the index will transition smoothly.

1. Continuous Board Ladder and Limit Distribution Map

6-day streak: Yunnan Energy Holdings

4-day streak: Far Sheng

3-day streak: Jinzhengda, Chengxing Shares

2-day streak: Yunnan Geology, Gannan Energy, Hongxing Shares, Zhangyuan Tungsten, Qidi Environment

2. Review and projection of limit-up upgrades (orange indicates upgrade)

3. Limit-up events

4. PCB (8)

1st tier: Guanghe Technology, Han’s Laser, Oscon, Tongyu New Materials, Yue’an New Materials, Tongfeng Electronics, Shennan Circuit, Huidian Shares

Event: NV will enable vertical power supply in Faynman generation, LPU opens up the incremental market for vertical power supply; the PCB process required for vertical power supply is highly challenging, with gross margins exceeding 60%, representing a core growth direction.

2. Optical Communications (5)

1st tier: Tongding Interconnection, Jipu Tech, Zhongtian Technology, Hengtong Optoelectronics, Jufei Optoelectronics

Event: In January 2026, the average price of G.652.D single-mode optical fiber in China exceeded 40 yuan per fiber-kilometer, reaching a new high in nearly seven years; some suppliers quoted as high as 50 yuan per fiber-kilometer. The market price increased by over 75% in January alone.

3. Gas Turbines (5)

1st tier: Wanze Shares, Changbao Shares, Fuan Shares, Yingliu Shares, Dongfang Electric

Event: Global new orders for gas turbines in 2025 (by installed capacity) will surge from about 60 GW in 2024 to nearly 85 GW; the number of orders will increase from about 800 units to over 1,000 units, reaching a new high since 2011.

4. Power Grid (4)

2nd tier: Gannan Energy

1st tier: Huayin Power, Shena Power, Xinlian Electronics

Event: Trump will convene tech executives at the White House next week to sign commitments ensuring their companies will bear the electricity costs of high-energy-consuming data centers.

5. Huawei Computing Power (4)

1st tier: Zhiwei Intelligence, Taijia Shares, Chuanyun Shares, Huasheng Tiancheng

Event: As token demand rapidly increases, computing power demand is soaring; 2026 is expected to be a major year for domestic computing power, with the Ascend 950PR likely to be launched soon.

6. Commercial Spaceflight (4)

1st tier: Chunhui Zhikong, Jiangshun Technology, Aerospace Power, Fushun Special Steel

Event 1: On February 20, Elon Musk said Starship will launch over 10,000 satellites annually.

Event 2: On February 24, Musk envisioned electromagnetic launch of AI satellites from the Moon.

Event 3: On February 25, LandSpace announced that the reusable Zhuque-3 rocket plans to challenge recovery again in Q2 this year.

Event 4: On February 25, CAS Space announced that the reusable liquid rocket Lijian-2 is scheduled for maiden flight in late March.

7. Chemical Industry (3)

3rd tier: Jinzhengda, Chengxing Shares

1st tier: Xinhua Shares

Event: The US announced that key herbicides like phosphorus and glyphosate are now classified as critical strategic materials; international phosphate fertilizer prices have surpassed $700 per ton.

8. Announced Limit-ups (3)

6th tier: Yunnan Energy Holdings, planning to invest 1.4 billion yuan in Xiantian Computing (2.11)

4th tier: Far Sheng, major asset sale (2.13)

1st tier: Beijing Kerui, winning a 288 million yuan project with Southern Power Grid (2.26)

9. Lithium Mining (3)

1st tier: Jinyuan Shares, Xianfeng Holdings, Keli Yuan

Event 1: On February 25, the main contract for lithium carbonate at the Shanghai Futures Exchange broke through 170,000 yuan/ton during the day.

Event 2: On February 25, Zimbabwe suspended all exports of raw ore and lithium concentrate.

10. Others

Haixiang Pharmaceuticals: Disperse dye prices rose 19% in one day

Shengyi Bao: Shengyi Society launched the Stock Pass APP

Baolingbao: Considering imposing a sugar tax on beverages with the highest sugar content

4. New Stock Price Highs

Today, 100 stocks closed at new highs, yesterday 59, the day before 55 (find benchmarks, observe industry trends)

Mainly concentrated in PCB, computing power, electricity, and non-ferrous metals

5. Institutional and retail investor movements