Shanghai Smart Control Co. Ltd.

Hongying Intelligent disclosed its 2026 semi-annual report on August 29. In the first half of the year, it achieved total operating revenue of 707 million yuan, up 114.47% year-on-year. Net profit attributable to the parent company was 42.66 million yuan, up 178.29% year-on-year. Net profit after deducting non-recurring items was 39.07 million yuan, up 187.36% year-on-year. Net cash flow from operating activities was negative 167 million yuan, compared with 11.31 million yuan in the same period last year. Basic earnings per share were 0.41 yuan, and the weighted average return on equity was 4.42%, up 2.89 percentage points year-on-year. The company's main business is the development of technology and products in the field of automation control, as well as the research, production and sales of products related to the new energy sector, and the construction and operation of power stations.

Hongying Intelligent disclosed its earnings forecast, expecting net profit attributable to the parent for the first half of 2026 to be between 40 million yuan and 50 million yuan, representing a year-on-year increase of 160.91% to 226.14%. Deducted non-recurring net profit is expected to be between 36 million yuan and 46 million yuan, up 164.76% to 238.3% year-on-year. Basic earnings per share are projected at 0.35 yuan to 0.5 yuan per share. The company stated that operations in both the intelligent control segment and the new energy segment are steadily improving, with order volumes rising significantly year-on-year, jointly driving profit growth.