Founder Technology Group Co experienced a **6.64% drop** in its stock price during Friday’s trading session. The decline reflects market movements impacting the company’s shares. No specific catalysts or corporate updates were mentioned in the report.
Nov 2026Global Banking & Finance ReviewNews article
Founder Technology reports **615.7 million yuan in Q3 net profit attributable to shareholders**, a **327% year-over-year increase**. The company’s earnings per share (EPS) rise to **0.14 yuan**, marking a **367% jump** from the prior year. The financial results reflect strong revenue growth and improved profitability in the quarter.
China’s Founder Technology reports a **327% year-over-year surge in Q3 net profit to CNY 616 million ($92.6M)**, driven by **93% revenue growth to CNY 2.43 billion ($364.8M)**. The PCB manufacturer also saw an **80% sequential net profit increase** from Q2’s CNY 342 million ($51.4M). Fang Wenyan’s stake now ranks as the company’s seventh-largest shareholding.
Founder Technology secures **1.96 billion yuan** in net proceeds through a private placement of **163.6 million shares**, as disclosed in a filing with the Shanghai Stock Exchange. The capital raise follows a structured issuance process, though specific use cases for the funds are not detailed in the report.