Shaoxing Xingxin New Material

Xingxin New Materials, stock code 001358, disclosed its 2026 semi-annual report on August 28. In the first half of the year, it achieved total operating revenue of 233 million yuan, up 6.92% year on year. Net profit attributable to the parent company was 37.8028 million yuan, up 12.36% year on year. Net profit after deducting non-recurring items was 29.6701 million yuan, up 16.43% year on year. Net cash flow from operating activities was 19.2085 million yuan, down 0.88% year on year. Basic earnings per share were 0.31 yuan, and the weighted average return on net assets was 2.62%, up 0.29 percentage points year on year. The company is mainly engaged in the research, development, production and sales of organic amine fine chemicals.

Xingxin New Materials announced a plan to buy back company shares worth 50 million to 100 million yuan, to be used for equity incentives or employee stock ownership plans. The buyback price will not exceed 32 yuan per share.