Hangzhou Weiguang Electronic Co Ltd

Weiguang Co. has released its 2026 interim report, with net profit attributable to the parent company of 197 million yuan, up 14.42% from the same period last year. Total operating revenue was 824 million yuan, up 9.78% year on year, marking a third consecutive year of growth. Net cash inflow from operating activities was 102 million yuan, down 20.17% year on year. The company's latest asset-liability ratio was 19.58%, gross margin was 25.42%, return on equity was 9.79%, and diluted earnings per share was 0.87 yuan.

Weiguang Shares disclosed its 2026 semi-annual report. In the first half, total operating revenue reached 824 million yuan, up 9.78% year on year. Net profit attributable to the parent company was 197 million yuan, up 14.42% year on year. Net profit after deducting non-recurring items was 110 million yuan, down 29.02% year on year. The company plans to distribute a cash dividend of 1.5 yuan per 10 shares, tax included, to all shareholders. During the reporting period, net cash flow from operating activities was 102 million yuan, down 20.17% year on year. Basic earnings per share were 0.87 yuan, and the weighted average return on net assets was 9.97%.

Weiguang Co. announced plans to buy back company shares for 40 million to 80 million yuan, to be used for equity incentives or an employee stock ownership plan, with a buyback price not exceeding 42 yuan per share.