Shandong Dawn Polymer Co Ltd

Dawn Polymer disclosed its 2026 semi-annual report on August 26. In the first half, total operating revenue reached 3.978 billion yuan, up 38.05% year on year. Net profit attributable to the parent company was 237 million yuan, up 181.94% year on year. Net profit after deducting non-recurring items was 190 million yuan, up 138.93% year on year. The company plans to distribute a cash dividend of 1.5 yuan, tax included, for every 10 shares to all shareholders. As of the end of the first half of 2026, net cash flow from operating activities was 35.9515 million yuan, compared with negative 54.796 million yuan in the same period last year. The company mainly produces thermoplastic elastomers, modified plastics and other products.

Dawn Polymer disclosed its 2026 semi-annual performance forecast, expecting net profit attributable to the parent company of 228 million to 265 million yuan, a year-on-year increase of 171.28 percent to 215.31 percent. Deducted non-recurring net profit is expected to be 182 million to 218 million yuan, up 129.32 percent to 174.68 percent, with basic earnings per share of 0.48 to 0.55 yuan. The company stated that during the reporting period, it vigorously promoted the development of new fields and new products, integrated and synergized the businesses of its subsidiaries, and significantly improved overall operational efficiency. Since February 2026, it has consolidated the financial statements of its subsidiary Ningbo SK Synthetic Rubber, further boosting profits. Through the dual-wheel drive of organic growth and external mergers and acquisitions, the company has demonstrated strong growth resilience and profit leapfrogging capability.