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Wenzhou Hongfeng Electrical Alloy Co Ltd

Wenzhou Hongfeng Electrical Alloy Co., Ltd. is a Chinese company that researches, develops, produces, sells, and services new material technologies. Its products include electrical contact materials, metal-matrix engineered composites, cemented carbide materials, copper foil for lithium-ion batteries, lead frames, and intelligent equipment. These products are used in industrial electrical products, smart homes, smart transportation, intelligent manufacturing, electronic communication, and energy management. Founded in 1997, the company is based in Wenzhou, China.

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300283.CS

Wenzhou Hongfeng releases 2026 interim report, net profit attributable to parent at 92.35 million yuan

Wenzhou Hongfeng released its 2026 interim report on August 7, 2026. The company's total operating revenue was 2.986 billion yuan, net profit attributable to the parent was 92.35 million yuan, and net cash outflow from operating activities was 72.21 million yuan, an increase of 22.84 million yuan compared to the same period last year. The company's latest asset-liability ratio is 69.49 percent, up 0.96 percentage points from the previous quarter; gross margin is 12.01 percent, down 1.90 percentage points from the previous quarter; ROE is 7.70 percent; diluted earnings per share is 0.19 yuan. Total asset turnover is 0.79 times, inventory turnover is 2.43 times. The number of shareholders is 57,700, and the top ten shareholders hold 182 million shares, accounting for 36.65 percent of the total share capital.
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Wenzhou Hongfeng Receives Utility Model Patent for Connector Component Materials, Plugs, and Sockets

Wenzhou Hongfeng Electrical Alloy Company Limited has obtained a utility model patent certificate from the China National Intellectual Property Administration. The patent is titled "A Connector Component Material, Plug, and Socket," with patent number ZL202521014041.6. The application date was May 22, 2025, and the grant announcement date was July 17, 2026, with a patent term of ten years. The company stated that obtaining this patent will not have a significant impact on short-term performance, but it will help leverage its proprietary intellectual property advantages, foster a continuous innovation mechanism, and enhance core competitiveness.
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