Shenzhen TXD Technology Co Ltd

Tongxingda released its 2026 interim report, with net profit attributable to the parent company of 10.48 million yuan, an increase of 39.48 million yuan compared with the same period last year, achieving a turnaround from loss to profit. The company's total operating revenue was 5.08 billion yuan, up 6.04 percent year on year, marking three consecutive years of growth. Net cash flow from operating activities was negative 524 million yuan, a decrease of 423 million yuan compared with the same period last year. The company's latest gross margin was 8.70 percent, rising for five consecutive quarters and up 2.21 percentage points from a year earlier.

Tongxingda issued an announcement, expecting first-half 2026 net profit attributable to the parent of 9 million to 12 million yuan, a year-on-year increase of 131.03% to 141.38%. The main reason for the significant growth in performance is that the company's subsidiary, Kunshan Riyuetongxin Semiconductor Co., Ltd., has sufficient orders for its advanced packaging and testing business, with high utilization rates, and its operating performance has significantly reduced losses. In the first quarter of 2026, Tongxingda achieved revenue of 2.192 billion yuan, with a net loss attributable to the parent of 42.58 million yuan.