Zhejiang Nhu Co Ltd

NHU released its 2026 semi-annual report, achieving operating revenue of 13.129 billion yuan, up 18.28% year on year; net profit attributable to shareholders of the listed company was 4.011 billion yuan, up 11.31% year on year. The company plans to distribute a cash dividend of 2 yuan per 10 shares before tax to all shareholders, and will not convert capital reserve into share capital. Second-quarter net profit was 2.184 billion yuan, first-quarter net profit was 1.827 billion yuan, and second-quarter net profit rose 19% quarter on quarter.

Xinhecheng released its 2026 half-year report, with first-half net profit attributable to the parent of 4.01 billion yuan, up 11.3% year on year. Operating revenue was 13.13 billion yuan, up 18.3% year on year. Net profit attributable to the parent after deducting non-recurring items was 3.92 billion yuan, up 6.5% year on year. Net operating cash flow was 3.64 billion yuan, up 12.3% year on year. Second-quarter net profit attributable to the parent was 2.18 billion yuan, up 26.7% year on year. The company said that in the nutrition segment, market demand and prices for its main product methionine rose significantly, with the business achieving increases in both volume and price.

NHU announced that as of July 31, 2026, the company had repurchased 1.57 million shares, accounting for 0.05% of total share capital, with a repurchase amount of 46.6 million yuan and a repurchase price range of 29.56 yuan to 29.97 yuan per share. In the first quarter of 2026, the company achieved revenue of 6.295 billion yuan and net profit attributable to the parent company of 1.827 billion yuan.

NHU's actual controller and chairman, Hu Baifan, has proposed implementing a 2026 mid-year profit distribution plan, paying a cash dividend of 2 yuan per 10 shares, tax included, to all shareholders, with no bonus shares or capitalisation of reserves. The company achieved revenue of 6.295 billion yuan in the first quarter of 2026, with net profit attributable to the parent company of 1.827 billion yuan.