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Hunan Boyun New Materials Co Ltd

Hunan Boyun New Materials Co., Ltd. researches, develops, produces, and sells aircraft wheel brake systems and brake materials, carbon composite materials for aerospace, cemented carbide, and rare metal powder materials in China and internationally. It operates through two segments: Aerospace and Carbon/Carbon Composites Business, and Powder Metallurgy Business. The company serves the aviation, aerospace, and civil industrial sectors. Founded in 2001, it is based in Changsha, China.

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News & notes moving 002297.CS
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Boyun New Materials first-half 2026 net profit up 1,911.6% year on year

Boyun New Materials released its first-half 2026 report, achieving operating revenue of 745 million yuan, up 88.33% year on year, and net profit attributable to shareholders of the listed company of 170 million yuan, up 1,911.6% year on year. The company plans no cash dividend, no bonus shares, and no conversion of capital reserve into share capital. Second-quarter net profit was 38 million yuan, down 71% quarter on quarter from 132 million yuan in the first quarter.
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Boyun New Materials Appoints Feng Zhirong as President and Several Senior Executives

The third meeting of the eighth board of directors of Hunan Boyun New Materials Company Limited reviewed and approved multiple senior executive appointment proposals, appointing Feng Zhirong as President, Chen Cai, Xu Wenhou, and Wang Zi as Vice Presidents, Chen Cai concurrently as Board Secretary, Yan Qi as Chief Financial Officer, and Zhang Aili as Securities Affairs Representative. The terms of the above personnel run from the date of approval by the board of directors until the expiration of the eighth board's term. Due to the expiration of their terms, He Guoxin and Zeng Guanghui no longer serve as Vice Presidents and will continue to hold other positions in the company.
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Critical Materials & Supply Chain▲

Boyun New Materials first-half net profit surges 1911.6%

Boyun New Materials released its 2026 semi-annual report, achieving operating revenue of 745 million yuan, up 88.33% year on year, and net profit attributable to shareholders of the listed company of 170 million yuan, up 1911.6% year on year. The company said its cemented carbide business raised product selling prices in response to rising prices of tungsten carbide, the main raw material, driving significant growth in revenue and gross margin, while its aerospace carbon-carbon composite materials business maintained steady development. The company plans no interim cash dividend, no bonus shares, and no conversion of capital reserve into share capital. As of the close on August 24, Boyun New Materials traded at 17.46 yuan per share, down 1.8%, with a market value of 10.01 billion yuan.
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Critical Materials & Supply Chain
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Boyun New Materials' first-half net profit attributable to parent jumps 1,911.6% year on year

Boyun New Materials has released its 2026 semi-annual report. During the reporting period, the company achieved operating revenue of 745 million yuan, up 88.33% year on year, and net profit attributable to shareholders of the listed company of 170 million yuan, up 1,911.6% year on year. The company confirmed that it will not distribute cash dividends, bonus shares, or convert capital reserves into share capital for the first half of 2026.
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