Guangdong Decro Film New

Decro New Materials released its 2026 interim report, with net profit attributable to the parent company of 60.94 million yuan, up 63.80% from the same period last year. Total operating revenue was 885 million yuan, up 20.17% year on year. Net cash inflow from operating activities was 87.36 million yuan, down 33.36% year on year. The latest asset-liability ratio was 28.30%, gross margin was 16.12%, achieving four consecutive quarters of growth, and diluted earnings per share was 0.35 yuan.

Decro New Materials stated during an analyst meeting on July 4 that its IPO-funded project, the Functional Film and Functional Masterbatch Renovation and Expansion Technical Transformation Project, officially commenced production in March 2026. It is expected to add annual production capacity of 22,000 tonnes of functional film and 29,800 tonnes of functional masterbatch. Another functional film production line is expected to enter the commissioning phase by the end of 2026. The electronic and new energy film material upgrade and expansion project invested by a wholly-owned subsidiary is expected to start production in 2028, adding an annual capacity of 26,400 tonnes upon reaching full production. Decro New Materials is a domestic new material manufacturer with a rich variety of functional BOPP film products and leading technology. Its product range includes adhesive-free film materials, matte film materials, label film materials, laser film materials, and electronic and new energy film materials. Among these, adhesive-free film materials are the company's industry-first patented products, protected by over 20 patents. In response to the recent sharp rise in polypropylene raw material prices, the company stated that with strong product competitiveness and supply chain reform measures, it can achieve effective price pass-through. Additionally, the company is open to mergers and acquisitions and will closely monitor the development of enterprises and technologies in the upstream and downstream segments of the industry chain closely related to its core business.