Copper

TGCF

TGCF released FY2026 Q1 earnings on April 27 After-Market (BJT), actual revenue CNY 1.842 B, actual EPS CNY 0.13

TGCF to Release FY2026 Q1 Earnings on April 28 After-Market (BJT)

TGCF released FY2025 earnings on April 17 After-Market (BJT), actual revenue CNY 6.689 B (forecast CNY 6.097 B), actual EPS CNY 0.08 (forecast CNY 0.11)

TGCF released FY2025 Q4 earnings on April 17 After-Market (BJT), actual revenue CNY 1.955 B, actual EPS CNY 0

TGCF to Release FY2025 Earnings on April 18 After-Market (BJT), Forecast Revenue CNY 6.097 B, EPS CNY 0.11

TGCF released FY2025 Q3 earnings on October 26 After-Market (BJT), actual revenue CNY 1.737 B, actual EPS CNY 0.0459

TGCF released FY2025 9 Months Earnings on October 26 After-Market (BJT), Actual Revenue: CNY 4.735 B, Actual EPS: CNY 0.0889

TGCF to Release FY2025 Q3 Earnings Report on October 27 After-Market BJT

TGCF released FY2025 Semi-Annual Earnings on August 15 After-Market (BJT), Actual Revenue: CNY 2.997 B, Actual EPS: CNY 0.0503

TGCF released FY2025 Q2 earnings on August 15 After-Market (BJT), actual revenue CNY 1.602 B, actual EPS CNY 0.033

Tongguan Copper Foil Expands HVLP Production to Meet AI Demand

TGCF to Release FY2025 Semi-Annual Earnings on August 16, 2025 (BJT)

Coppersun Copper Foil Accepts Institutional Investor Survey

Copperfoam's HVLP Copper Foil in High Demand

Tongguan Copper Foil Receives BBB ESG Rating

Copper Crown Copper Foil Secretary Responds to Investors on Products and Capacity

Copper Foil Breakthrough in High Frequency and High Speed PCB by Tongguan Copper Foil

TGCF released FY2025 Q1 earnings on April 21 After-Market (BJT), actual revenue CNY 1.395 B, actual EPS CNY 0.01

TGCF released FY2024 Q4 earnings on April 21 After-Market (BJT), actual revenue CNY 1.501 B, actual EPS CNY -0.0715

TGCF released FY2024 Annual Earnings on April 21 After-Market (BJT), Actual Revenue: CNY 4.719 B (Forecast: CNY 4.139 B), Actual EPS: CNY -0.19

159608

600362

301217

SCCO

LME copper futures closed down $266, at $12,892 per ton. LME aluminum futures closed down $88, at $3,056 per ton. LME zinc futures closed down $78, at $3,324 per ton

Wallstreetcn

GF CSI Rare Metals Theme ETF

JCCL

ERO Copper

Invesco DB Commodity Index Tracking Fund

Global X Copper Miners

ISHRS MSCI Glb Slct Met & Mining

Guotai CSI Non-ferrous Metal ETF

ISHRS S&P Gsci Cmdty

Yinhua CSI Non-ferrous Metal ETF

Huafon Aluminium

Hudbay Minerals

Penghua Guozheng Non-ferrous Metal Industry ETF

Century Aluminum

ChinaAMC CSI Subdivision Non-ferrous Metal Sub-Industry ETF

Sprott Junior Copper Miners ETF

Abrdn BBG All Commodity Strategy K-1 Free ETF

Invesco DB TR Base Metals ETF

Southern Copper

Teck Resources B

Mtalco

NANSHAN ALUMINIUM

Hwabao WP CSI Non-ferrous Metal ETF

United States Copper Index

Freeport Mcmoran

YeChiu Resources

Sprott Copper Miners ETF

Invesco Optimum Yield Div Comm Strategy K-1

CHALCO

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

Yunnan Aluminium

China Southern CSI SWS Non-Ferrous Metal ETF

Alcoa

ICOP

HG: Copper in Focus - Dr. Copper’s Pulse on the Global Economy and Market Outlook

Barchart Option

iShares Copper and Metals Mining ETF

Rio Tinto Limited

SPDR S&P Mtls & Mng

Rio Tinto

 BHP Group Ltd

HG: Copper in Focus - Dr. Copper’s Pulse on the Global Economy and Market Outlook

600226

With the recovery of the industry's prosperity, listed companies in the copper foil industry generally achieved a significant year-on-year improvement in performance in the first three quarters. Several companies, such as TGCF and Defu Technology, turned losses into profits, while companies like Hengtong and Yinglian also saw positive year-on-year growth in net profit. Benefiting from the development of AI and solid-state batteries, the copper foil industry as a whole is warming up, with increased demand, rising prices, and accelerated technological iteration

Hengtong

Downstream demand has significantly rebounded, and many copper foil companies have full orders

002213

688183

301377

300476

The PCB concept is active, Dtech rose over 15%, DAWEI previously hit the daily limit, SYE, Jingwang Electronics, Jiangnan New Materials, TGCF, VGT, and others had significant gains

Zhitong

DAWEI

Dtech

PCB concept is active, Dtech rises over 15%

002074

301358

688148

301349

The battery sector fluctuated and strengthened, GOTION hit the daily limit, Yuneng New Energy reached a new high during the day, FANGYUAN and Xinde New Material rose over 10%, TGCF and Tianji shares followed suit

GOTION

Yuneng New Energy

FANGYUAN

Xinde New Material

The battery sector fluctuated and strengthened, GOTION hit the daily limit up

TGCF released its Q3 2025 report, with operating revenue for the first three quarters reaching 4.735 billion yuan, a year-on-year increase of 47.13%. The net profit attributable to the parent company was 62.7243 million yuan, an increase of 162.49%; the net profit excluding non-recurring gains and losses was 48.0073 million yuan, an increase of 141.10%. The basic earnings per share were 0.08 yuan

TGCF released its performance for the first three quarters, with a net profit attributable to the parent company of 62.7243 million yuan, an increase of 162.49%

On October 26th, TGCF announced that in the third quarter of 2025, it achieved operating revenue of 1.737 billion yuan, a year-on-year increase of 51.34%; the net profit attributable to shareholders of the listed company was 27.7703 million yuan, a year-on-year increase of 166.77%; basic earnings per share were 0.03 yuan

TGCF: In the third quarter, the net profit attributable to the parent company was 27.7703 million yuan, a year-on-year increase of 166.77%

300814

002463

Huajin Securities released a research report indicating that the rapid development of artificial intelligence has brought new growth momentum to the PCB industry. It is expected that the global PCB market size will grow from USD 62 billion in 2020 to USD 75 billion in 2024, with an average annual growth rate of 4.9%. The demand for high-performance PCBs will significantly increase, especially the application of low dielectric constant and low dielectric loss materials, which will disrupt traditional material routes. By 2029, PCB market sales revenue is expected to reach USD 93.7 billion

JOVE

HuaJin Securities: The iteration of AI computing power hardware is driving structural growth opportunities in the PCB industry, and the demand for high-performance PCBs will increase significantly

301511

Tianfeng Securities released a research report, stating that the development of the AI industry chain will promote upstream copper foil demand and support domestic substitution. It is recommended to pay attention to TGCF and Defu Technology. TGCF has a technological advantage in the high-end copper foil field for PCBs, with a reasonable capacity layout and continuous production growth. Defu Technology plans to acquire a Luxembourg copper foil company to expand into the high-end PCB copper foil market and has established partnerships with several well-known enterprises

Defu Technology

Tianfeng Securities: The development of AI servers aids in the domestic substitution of high-end copper foil, focusing on TGCF and others

TGCF(301217.SZ)

LME copper futures closed down $266, at $12,892 per ton. LME aluminum futures closed down $88, at $3,056 per ton. LME zinc futures closed down $78, at $3,324 per ton

HG: Copper in Focus - Dr. Copper’s Pulse on the Global Economy and Market Outlook

Downstream demand has significantly rebounded, and many copper foil companies have full orders

PCB concept is active, Dtech rises over 15%

The battery sector fluctuated and strengthened, GOTION hit the daily limit up

TGCF released its performance for the first three quarters, with a net profit attributable to the parent company of 62.7243 million yuan, an increase of 162.49%

TGCF: In the third quarter, the net profit attributable to the parent company was 27.7703 million yuan, a year-on-year increase of 166.77%

HuaJin Securities: The iteration of AI computing power hardware is driving structural growth opportunities in the PCB industry, and the demand for high-performance PCBs will increase significantly

Tianfeng Securities: The development of AI servers aids in the domestic substitution of high-end copper foil, focusing on TGCF and others