Roshow Technology Co Ltd

Roshow Technology disclosed its 2026 semi-annual report, achieving total operating revenue of 1.95 billion yuan, up 11.32 percent year on year, with net profit attributable to shareholders of 115 million yuan and non-GAAP net profit of 109 million yuan. Enameled wire business revenue reached 1.265 billion yuan, accounting for 64.87 percent of total operating revenue, up 30.82 percent year on year, while gross margin improved by 2.13 percentage points to 7.98 percent. The silicon carbide substrate business achieved key breakthroughs in 8-inch conductive and semi-insulating crystal growth technology, with defect density indicators entering the industry's first tier, and successfully developed 12-inch substrates. Related products have achieved stable sales and have been sent to leading domestic customers for testing. Photovoltaic power generation business revenue was 352 million yuan, with a gross margin of 57.05 percent. As of the end of the reporting period, total installed photovoltaic power station capacity was 813,100 kilowatts. The company's first-half research and development investment was 60.802 million yuan, up 29.62 percent year on year, focused on silicon carbide materials, high-end enameled wire, and electrification of aerial work platforms.