Toyou Feiji Electronics Co Ltd

Toyou Technology released its 2026 interim report, with total operating revenue of 261 million yuan and net profit attributable to the parent company of 258 million yuan. Net cash outflow from operating activities was negative 95.9954 million yuan, a decrease of 92.2232 million yuan compared with the same period last year. The company's asset-liability ratio was 36.46%, gross margin was 49.10%, down 2.51 percentage points from the same period last year, return on equity was 20.06%, and diluted earnings per share was 0.54 yuan. The number of shareholders was 90,900, and the top ten shareholders held 38.55% of the total share capital.

Toyou Technology released its 2026 interim report on August 27. In the first half, it achieved operating revenue of 261 million yuan, up 50.1 percent year on year. Net profit attributable to the parent swung from a loss of 18.38 million yuan in the same period last year to a profit of 258 million yuan. Net profit attributable to the parent after deducting non-recurring items was 256 million yuan, also turning from loss to profit. In the second quarter, the company's operating revenue was 139 million yuan, up 10.2 percent year on year, and net profit attributable to the parent was 171 million yuan, up 2049.2 percent year on year. As of the end of the second quarter, the company's total assets were 2.023 billion yuan, up 17.6 percent from the end of the previous year, and net assets attributable to the parent were 1.285 billion yuan, up 26.7 percent. The company said that driven by the artificial intelligence industry, the global storage industry has entered an AI-driven super cycle, with demand for enterprise-grade SSDs increasing significantly. Sales of its high-end storage system products accounted for close to 50 percent of total storage system sales. It achieved results in market development in AI intelligent computing and high-performance computing, driving substantial revenue growth.

Toyou Technology released its 2026 semi-annual report, with first-half operating revenue of 261 million yuan, up 50.12 percent year on year, and net profit attributable to shareholders of the listed company of 258 million yuan, swinging from a loss to a profit. The company plans no cash dividend, no bonus shares, and no conversion of capital reserve into share capital. Based on calculations, the company's second-quarter net profit was 171 million yuan, compared with 87 million yuan in the first quarter, representing a quarter-on-quarter increase of 95 percent.

Toyou Technology's application for share issuance to specific investors has been accepted by the Shenzhen Stock Exchange. The proposed issuance will not exceed 144 million shares, with expected proceeds of 1 billion yuan. The sponsor is China Merchants Securities.