China Jushi, a leader in the glass fiber industry, disclosed its semi-annual report on August 20. The first half of this year achieved operating income of 11.159 billion yuan, an increase of 22.5% year on year; net profit of 2,933 billion yuan, a sharp increase of 73.87% year on year. At the same time, the performance of many industrial chain companies, such as Sinoma Technology, International Composites, and Jin'an Guoji, showed varying degrees of growth during the same period. Driven by the demand for AI computing power, the boom in the glass fiber and electronic cloth industry continues to rise. Leading companies are speeding up the layout of production capacity. A competition around high-end and specialized production capacity is already underway.

China Jushi, a leader in the glass fiber industry, disclosed its semi-annual report on August 20. The first half of this year achieved operating income of 11.159 billion yuan, an increase of 22.5% year on year; net profit of 2,933 billion yuan, a sharp increase of 73.87% year on year. At the same time, the performance of many industrial chain companies, such as Sinoma Technology, International Composites, and Jin'an Guoji, showed varying degrees of growth during the same period. Driven by the demand for AI computing power, the boom in the glass fiber and electronic cloth industry continues to rise. Leading companies are speeding up the layout of production capacity. A competition around high-end and specialized production capacity is already underway.