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Wutong Holding Group Co Ltd

Wutong Holding Group Co., Ltd. manufactures and sells intelligent telecommunication devices in China and internationally. Its products include radio frequency connection products, optical interconnection products, new energy connection products, and MBB terminal and module products. The company also provides internet information, electronic manufacturing, mobile information, and enterprise operation cloud services. It serves industries such as communications, banking, logistics, retail, internet, cultural media, and public services. Formerly known as Jiangsu Wutong Communications Co., Ltd., it changed its name to Wutong Holding Group Co., Ltd. in October 2015. Founded in 1999, the company is based in Suzhou, China.

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Wutong Holding first-half 2026 net profit 75.31 million yuan

Wutong Holding released its 2026 interim report. Total operating revenue was 2.102 billion yuan, down 6.61% year on year, and net profit attributable to the parent company was 75.31 million yuan. Net cash flow from operating activities was negative 312 million yuan, a decrease of 258 million yuan compared with the same period last year. The company's asset-liability ratio was 41.38%, gross margin was 11.85%, ROE was 5.01%, and diluted earnings per share was 0.06 yuan. The number of shareholders was 85,300, and the top ten shareholders held 24.60% of total share capital.
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Wutong Holdings Plans to Invest 30 Million Yuan in a Partnership, Targeting Integrated Circuits and Other Sectors

Wutong Holdings plans to use 30 million yuan of its own funds to subscribe for a stake in the Huai'an Yongxin Rongyao No. 2 Emerging Industry Venture Capital Fund Partnership, accounting for 3.24% of the partnership's shares. The partnership primarily invests in growth-stage innovative enterprises in pan-intelligent manufacturing sectors such as integrated circuits, new energy vehicles, AI infrastructure, and aerospace. In the first quarter of 2026, Wutong Holdings achieved revenue of 1.077 billion yuan and a net profit attributable to the parent company of 41.32 million yuan.
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