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Infore Environment Technology Group Co Ltd

Infore Environment Technology Group Co., Ltd. researches, develops, sells, maintains, and operates environmental protection equipment in China and internationally. Its offerings include intelligent environmental protection equipment such as cleaning and maintenance equipment, waste collection and transportation equipment, waste compression station equipment, kitchen food waste recycling equipment, and municipal and landscaping equipment, as well as aerial work equipment and emergency fire-fighting equipment. The company also provides smart sanitation cloud platforms, smart environmental management, integrated sanitation services, solid waste treatment, food waste disposal, sanitation robots, environmental equipment, and scientific instruments. It operates Qiyuan, a full-scenario intelligent operations system and multi-dimensional urban service network, and is involved in ventilation machinery manufacturing, environmental monitoring, and solid waste disposal services. Formerly known as Zhejiang Shangfeng Industrial Holdings Co., Ltd., it changed its name to Infore Environment Technology Group Co., Ltd. in March 2016. Founded in 1974, the company is based in Foshan, China.

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Infore Environment's 2026 interim report shows net profit of 477 million yuan

Infore Environment released its 2026 interim report. Total operating revenue was 7.872 billion yuan, net profit attributable to the parent company was 477 million yuan, and net cash inflow from operating activities was 1.447 billion yuan. The latest asset-liability ratio was 49.65 percent, ranking 14th among peer companies that have disclosed data, up 6.76 percentage points from the same period last year. Gross margin was 22.17 percent, ranking 14th, down 0.21 percentage points from both the previous quarter and the same period last year. Return on equity was 2.55 percent, and diluted earnings per share was 0.15 yuan. Total asset turnover was 0.21 times, and inventory turnover was 4.84 times, down 0.57 times from the same period last year, a year-on-year decline of 10.57 percent. The number of shareholders was 82,800, and the top ten shareholders held 1.816 billion shares, accounting for 54.06 percent of total share capital.
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Infore Environment Plans to Spend 100 Million to 200 Million Yuan on Share Buyback

Infore Environment announced plans to use its own funds and a special bank loan for stock repurchases to buy back company shares through centralized bidding. The buyback amount will be no less than 100 million yuan and no more than 200 million yuan, with a maximum repurchase price of 14.22 yuan per share. The repurchased shares will be used entirely for equity incentives or employee stock ownership plans.