Chengdu Galaxy Magnets

Galaxy Magnets disclosed its 2026 interim report, with first-half operating revenue of 543 million yuan, up 39.41 percent year on year, and net profit attributable to shareholders of the listed company of 117 million yuan, up 39.31 percent. Net profit after deducting non-recurring items was 116 million yuan, up 41.99 percent, with basic earnings per share of 0.36 yuan. Net cash flow from operating activities surged to 179 million yuan, an increase of 808.80 percent compared with the same period last year. The company's overall gross margin remained at 36.58 percent, and it obtained an invention patent for a hot-deformed neodymium iron boron magnetic ring preparation process.

Galaxy Magnets disclosed its 2026 semi-annual report, with net profit attributable to the parent company reaching 117 million yuan in the first half, up 39.31% year on year. Total operating revenue for the same period was 543 million yuan, up 39.41% year on year. Net profit excluding non-recurring items was 116 million yuan, up 41.99% year on year. Net cash flow from operating activities was 179 million yuan, up 808.80% year on year. Basic earnings per share were 0.36 yuan, and the weighted average return on equity was 7.46%, up 1.81 percentage points year on year. The company is engaged in the research, development, production and sales of samarium cobalt magnets and hot-pressed neodymium iron boron magnets.