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ChengDu Hi-Tech Development Co Ltd

ChengDu Hi-Tech Development Co., Ltd. is primarily engaged in the construction business in China and internationally. Its activities include pre-construction work for housing, municipal utilities, and pre-construction decoration, as well as smart city construction and operation and related services. The company also operates in digital energy, software and information technology services, business services, landscape business, and management services. In addition, it designs, develops, manufactures, and sells power semiconductor devices and kitchen cabinets. The company was formerly known as Chengdu Beite Development Group Co., Ltd., was founded in 1992, and is headquartered in Chengdu, China.

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Gaoxin Development's 2026 interim net profit was 48.5361 million yuan, down 27.47% year-on-year

Gaoxin Development released its 2026 interim report, with net profit attributable to the parent company of 48.5361 million yuan, a decrease of 27.47% compared with the same period last year. The company's total operating revenue was 1.636 billion yuan, down 34.40% year-on-year; net cash inflow from operating activities was 83.4572 million yuan, achieving three consecutive years of growth. The latest asset-liability ratio was 79.80%, gross margin was 13.48%, ROE was 2.19%, and diluted earnings per share was 0.14 yuan.
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Gaoxin Development Plans 50 Million Yuan Capital Increase in Yicheng Technology

Gaoxin Development announced that the company intends to jointly invest in Yicheng Technology through a capital increase with related parties Ceyuan Youchan, Ceyuan Guangyi Electronics, and other investors. The company will contribute 50 million yuan in cash and subscribe to 526,798 yuan of newly increased registered capital. After the capital increase is completed, it is expected to hold no more than 0.54 percent of the target company's shares. This transaction constitutes a related-party transaction and has been approved by the board of directors, without the need for submission to the shareholders' meeting for review. The target company is mainly engaged in integrated circuit packaging and testing business, is currently in the market expansion stage, has sustained operating losses, and faces uncertainty risks in investment gains and losses.
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CLS·27dRead more →
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Gaoxin Development's Construction Business Signs 16 New Orders in Q2 Worth Approximately 1.171 Billion Yuan

Gaoxin Development announced the second-quarter operating performance of its construction business. Its wholly-owned subsidiary, Chengdu Beite Construction and Installation Engineering Co., Ltd., signed 16 new orders with a total value of approximately 1.171 billion yuan. As of June 30, 2026, Beite Construction had a cumulative total of 140 signed but uncompleted orders worth approximately 21.086 billion yuan, of which the uncompleted portion amounted to approximately 7.767 billion yuan. In addition, there was one order that had been won but not yet signed, with a bid amount of 82 million yuan.
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