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Shanghai Nar Industrial Co Ltd

Shanghai NAR Industrial Co., Ltd. develops, produces, and sells digital inkjet printing materials, automotive functional films, and optical and electronic functional films in China. Its products include self-adhesive vinyl, one-way vision films, cold laminating films, glass films, floor graphics, and decoration and functional materials such as internal decoration films, wallpaper and wall graphics, release materials, paint protection films, paint wrapping color films, and optical and electronic functional films. These are offered under brands including NAR, INFLEX, BN, NAR PPF, Yifan, INKBANK, PPFSHELL, NarPremium, Proflex, NAR hydrogen, and AIPRINT. The company also provides product and technical support for hydrogen and fuel cells, and its products serve indoor and outdoor advertising and decoration, paint printing film, and new energy applications. Founded in 2002, it is headquartered in Shanghai, China.

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NAR Industrial's controlling shareholder concert party You Jingchao completes shareholding increase plan

Shanghai NAR Industrial Co., Ltd. announced that You Jingchao, a concert party of the controlling shareholder, has completed the shareholding increase plan, accumulating an increase of 1.3268 million shares for approximately 13 million yuan. Between April 23 and August 26, 2026, You Jingchao increased his holdings by 1,326,800 shares through centralized bidding, representing 0.39% of total share capital, with a transaction amount of approximately 12.9989 million yuan. The increase plan was disclosed on April 24, 2026, with a proposed increase of no less than 8 million yuan and no more than 13 million yuan, over a six-month implementation period. After completion, You Jingchao holds 2,966,762 shares, representing 0.87% of total share capital. You Jingchao is the son of You Aiguo, and increased his holdings based on confidence in the company's future development, pledging not to reduce his holdings during the increase period and for six months after completion. The company noted that apart from an operational error that delayed disclosure of the halfway progress announcement for the increase plan, all other matters were compliant, and the increase will not lead to a change in control.
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Jiemian·23dRead more →
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NAR Group's 2026 Interim Report Shows Net Profit of 45.4873 Million Yuan, Down 60.35% Year-on-Year

NAR Group released its 2026 interim report, with net profit attributable to the parent company at 45.4873 million yuan, a decline of 60.35% compared to the same period last year. The company's total operating revenue was 1.197 billion yuan, up 23.14% year-on-year, achieving growth for three consecutive years. Net cash inflow from operating activities was 89.4882 million yuan, up 60.15% year-on-year. The company's latest asset-liability ratio is 43.51%, gross margin is 18.26%, ROE is 2.89%, and diluted earnings per share is 0.13 yuan.
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NAR Shares First-Half Net Profit Drops 60%, Traditional Main Business Margins Slide, Bets on Lithium-Ion Battery Anodes for a Turnaround

NAR Shares has released its 2026 half-year report, with net profit attributable to the parent company at 45.49 million yuan, down 60.4% year-on-year. The company noted that in the first half of 2025 it booked investment income of over 33 million yuan from selling equity in an associate, and the absence of such income in 2026 was the most direct reason for the sharp profit decline. In addition, the appreciation of the yuan against the US dollar led to exchange losses, and rising upstream raw material prices pushed up costs. Gross margins in the company's traditional main businesses of digital printing materials and automotive functional films both fell, with the digital printing materials gross margin at 14.84%, down 1.02 percentage points year-on-year, and the automotive functional films gross margin down 2.14 percentage points year-on-year. To seek new growth drivers, the company invested in Shanghai LithPho Technology and established a controlled joint venture, Jiangxi NAR Lithium Battery Materials, focusing on the research, development, production and sales of porous carbon, a precursor for silicon-carbon anode materials. It is currently in trial production, with product samples being tested and validated by multiple customers. The company aims for new energy and other materials segments to account for over 20% of sales revenue by 2028.
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Critical Materials & Supply Chain
读创财经·39dRead more →
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Naer Technology Expects First-Half 2026 Net Profit Attributable to Parent to Fall 55.55% to 66.88% Year-on-Year

Naer Technology disclosed its earnings forecast, expecting net profit attributable to the parent for the first half of 2026 to be between 38 million yuan and 51 million yuan, a year-on-year decline of 55.55% to 66.88%. Deducted non-recurring net profit is expected to be between 30 million yuan and 40 million yuan, a year-on-year decline of 46.09% to 59.57%. The company stated that the decline in performance was mainly due to a non-recurring investment gain of over 33 million yuan from the sale of equity in an associate in the same period last year, exchange losses caused by the appreciation of the yuan against the US dollar, and rising upstream raw material prices pushing up costs.
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