Changzhou Evergreen Technology Co. Ltd. A

Changzhou Evergreen Technology Co., Ltd. provides interior and exterior ornamentation solutions for rail transit vehicles and buildings in China and internationally. It operates through two segments: Rail Transit Business and Building Decoration Business. The Rail Transit Business offers interior trim products such as modular composite flooring, heated composite flooring, escape doors, seats, handrails, and driver's cab interiors, along with maintenance services, spare parts, and onboard passenger information systems. The Building Decoration Business supplies interior and exterior building decoration materials, including aluminum honeycomb panels, ultra-thin stone honeycomb panels, and stainless steel honeycomb panels for exterior walls, interiors, furniture, and elevators. The company also develops supporting materials for ships, cruise ships, and special vehicles, and provides a wide range of products including painting modules, various floors, information displays, electrical cabinets, luggage cabinets, tables, glass partitions, handrails, washrooms, sleepers, private rooms, emergency escape doors, roofs, air outlet grills, side walls, door covers, windshields, armrests, wind tunnels, seats, waists, driver's cab partitions, front cover cabinets, driver's interiors, secondary skeletons, sliding doors, multifunctional and wall cabinets, bars, toilets or showers, new energy shelters, bathrooms, shower rooms, side wall panels, cabin boards, and folding conference tables, as well as building decoration systems. Founded in 2005, the company is based in Changzhou, China.

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Changqing Technology's 2026 interim net profit was 23.5135 million yuan, down 36.10% year-on-year

Changqing Technology released its 2026 interim report, with net profit attributable to the parent company of 23.5135 million yuan, a decrease of 13.2854 million yuan compared with the same period last year, down 36.10% year-on-year. The company's total operating revenue was 248 million yuan, and net cash inflow from operating activities was 19.976 million yuan. The latest asset-liability ratio was 17.22%, gross margin was 28.85%, ROE was 2.04%, and diluted earnings per share was 0.17 yuan.

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Changqing Technology's first-half net profit falls 36% year on year

Changqing Technology disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 248 million yuan, up 7.77% year on year, but net profit attributable to the parent company was only 23.51 million yuan, a sharp drop of 36.10% year on year, while non-GAAP net profit plunged 37.92%. Operating costs rose 15.01% year on year to 176 million yuan, far outpacing revenue growth and significantly squeezing gross margin. Selling expenses surged 33.41% year on year to 9.33 million yuan, and financial expenses swung from a gain in the same period last year to an expense of 3.12 million yuan, mainly due to increased foreign exchange losses. Domestic revenue was 141 million yuan, down 17.69% year on year; overseas revenue was 107 million yuan, nearly doubling with growth of 99.21% year on year, but gross margins were under pressure both at home and abroad, with overseas business gross margin falling 6.32 percentage points year on year to 44.87%. As of the end of the reporting period, the book value of accounts receivable reached 356 million yuan, accounting for as much as 25.42% of total assets, and the company warned of recovery risks.

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