Guangdong Jinming Machinery Co Ltd

Jinming Machinery released its 2026 interim report on August 25, 2026. Net profit attributable to the parent company was 7.7275 million yuan, an increase of 472,700 yuan from the same period last year, up 6.52% year-on-year, marking a second consecutive year of growth. Total operating revenue was 234 million yuan, up 3.78% year-on-year. Net cash inflow from operating activities was 11.2209 million yuan, an increase of 24.2532 million yuan from the same period last year. The latest asset-liability ratio was 17.62%, and gross margin was 19.47%, up 2.60 percentage points from the same period last year, achieving a fourth consecutive year of increase. The latest return on equity was 0.62%, up 0.05 percentage points from the same period last year. The company had 17,200 shareholders, and the top ten shareholders held 231 million shares, accounting for 55.13% of total share capital.

Jinming Precision Machinery disclosed its 2026 semi-annual report, achieving operating revenue of 234 million yuan, up 3.78 percent year on year, and net profit attributable to shareholders of the listed company of 7.7275 million yuan, up 6.52 percent year on year. The company is driven by the twin wheels of intelligent equipment manufacturing and new thin-film materials. Its film blowing machines achieved operating revenue of 112 million yuan, up 17.00 percent year on year, and it has established joint demonstration cooperation with international raw material suppliers such as ExxonMobil, Dow Chemical, and Borouge, with products exported to more than 50 countries and regions. In the new energy and electronic optics fields, the company's new energy battery protective film products have already obtained orders and achieved small-batch sales, while it is also focusing on advancing frontier technology assessment and process pre-research for polyimide film and BOPET release film suitable for the MLCC field. Jinming Precision Machinery is one of the world's top five film equipment suppliers and the first enterprise in the Asia-Pacific region capable of producing eleven-layer high-barrier film casting equipment. Its industrial big data platform has completed grid-connected services for nearly 500 intelligent equipment units worldwide.

Jinming Machinery stated in its investor relations activity record disclosed on July 30 that the company, driven by its twin engines of plastics machinery and film, has mastered world-advanced and domestically leading multi-layer co-extrusion technology, with products exported to over 50 countries and regions including Japan and Russia. In 2025, the company deeply participated in the national key R&D program's agricultural film project during the 14th Five-Year Plan period, achieving delivery and acceptance of a 7-layer ultra-wide agricultural film die head, and successfully developed 7-layer and 9-layer heavy packaging production lines, with the 9-layer line already meeting conditions for industrial promotion. As of December 2025, the company held a total of 495 authorized patents, including 89 invention patents. In the new energy sector, the company's wide multi-layer vacuum casting film production line for wind power can serve as outer wrapping material for vacuum encapsulation systems, and it has completed the development of two new products: an internally added antistatic polyester film and a new energy battery protective film. The company also stated that during the 15th Five-Year Plan period it will deepen digital transformation, use AI tools to drive process system reform, and expand global markets.