CPT Technology Group Co Ltd

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Huaying Technology signs land recovery compensation contract with government, receives 348 million yuan

Huaying Technology Group announced on September 8, 2026 that it has signed a State-owned Construction Land Use Right Recovery Compensation Contract with the Fuzhou Mawei District Natural Resources and Planning Bureau and the Land Development Center. The contract covers two parcels in Mawei Town, Mawei District, totaling 147.19 mu, with total compensation of 348 million yuan. The matter has been reviewed and approved by the company's board of directors and extraordinary shareholders' meeting, and the company said it will proceed with follow-up work in accordance with the contract.

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Huaying Technology's 2026 Interim Report Shows Net Loss of 450 Million Yuan, Narrowing Year-on-Year

Huaying Technology released its 2026 interim report, with net profit attributable to the parent company at negative 450 million yuan, a reduction in losses of 26.43 million yuan compared with the same period last year, marking three consecutive years of narrowing losses. The company's total operating revenue was 600 million yuan, net cash outflow from operating activities was 107 million yuan, the asset-liability ratio was 89.97 percent, gross margin was negative 24.22 percent, and return on equity was negative 83.39 percent. Diluted earnings per share were negative 0.16 yuan, an increase of 0.01 yuan compared with the same period last year. Total asset turnover was 0.11 times, and inventory turnover was 5.43 times, up 7.86 percent year-on-year. The number of shareholders was 212,400, and the top ten shareholders held 1.23 billion shares, accounting for 44.47 percent of total share capital.

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