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Yantai Tayho Advanced Materials Co Ltd

Tayho Advanced Materials Group Co., Ltd. researches, develops, produces, and sells high-tech fibers in China. Its products include Newstar Spandex, a polyurethane elastic fiber used in apparel, medical and hygiene textiles, and automotive interiors; Newstar Meta Aramid for personal and environmental protection, meta-aramid paper, and industrial felt; Taparan Para-aramid fibers for rubber tube structures, strengthening fabrics, tire cords, packing, sealing, and optical cable reinforcement; Tametar anti-static and flame-resistant fibers for 3T fabric, industrial filtration, and anti-static fabrics; Metastar Aramid papers; and LITME smart fibers. The company was formerly known as Yantai Tayho Advanced Materials Co., Ltd. and changed its name to Tayho Advanced Materials Group Co., Ltd. in February 2022. Incorporated in 1993, it is headquartered in Yantai, China.

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Taihe New Materials' 2026 interim net profit reaches 55.2532 million yuan, up 135.31% year-on-year

Taihe New Materials released its 2026 interim report, with net profit attributable to the parent company of 55.2532 million yuan, up 135.31% from the same period last year. Total operating revenue was 2.121 billion yuan, up 11.42% year-on-year. Net cash inflow from operating activities was 74.3149 million yuan, an increase of 478 million yuan from the same period last year. The company's latest asset-liability ratio was 53.23%, and gross margin was 20.80%, up 2.48 percentage points from the previous quarter, marking two consecutive quarters of growth. Diluted earnings per share were 0.06 yuan, up 100.00% year-on-year.
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