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Qifeng New Material Co Ltd

Qifeng New Material Co., Ltd. researches, develops, produces, and sells high-grade decorative base paper in China and internationally. Its products include decorative base paper, latex paper, sanitary materials, abrasive backing, surface wear-resistant, wrapping, surface, flicker overlay, pre-impregnated finishing base, sandpaper base, and leather papers, as well as decorative base papers for digital printing. The company also produces and sells paper, electricity, heat, and nonwoven materials; develops and sells organic and microbial fertilizers; provides wastewater treatment, reclaimed water sales, and greywater reuse; produces and sells sandpaper base paper; and engages in investing activities. It exports its products. Formerly Shandong Qifeng Special Paper Co., Ltd., it changed its name to Qifeng New Material Co., Ltd. in September 2013. Founded in 1976, it is headquartered in Zibo, China.

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Qifeng New Material's 2026 interim net profit reaches 79.54 million yuan, up 26.10% year-on-year

Qifeng New Material has released its 2026 interim report, with net profit attributable to the parent company at 79.54 million yuan, up 26.10% from the same period last year. Total operating revenue was 1.666 billion yuan, down 0.81% year-on-year. Net cash inflow from operating activities was 286 million yuan, up 49.50% year-on-year, marking a second consecutive year of growth. The company's latest asset-liability ratio stands at 26.58%, gross margin at 12.31%, return on equity at 2.02%, and diluted earnings per share at 0.14 yuan.
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