Shenzhen Tongyi Industry Co Ltd

Tongyi Shares released its 2026 interim report. Total operating revenue was 1.28 billion yuan, down 17.23 percent year on year. Net profit attributable to the parent company was a loss of 6.262 million yuan, swinging from profit to loss, a decrease of 11.887 million yuan compared with the same period last year, down 211.32 percent year on year. Net cash flow from operating activities was negative 104 million yuan, down 469.17 percent year on year. The company's asset-liability ratio was 59.84 percent, gross margin was 7.93 percent, return on equity was negative 0.70 percent, and diluted earnings per share was negative 0.03 yuan.

Tongyi Shares released its 2026 interim report on August 28. The company achieved operating revenue of 1.28 billion yuan, down 17.23 percent year on year. Net profit attributable to the parent company was negative 63 million yuan, swinging from profit to loss year on year. Non-GAAP net profit was negative 81 million yuan, down 276.98 percent year on year. The decline was mainly affected by intensifying industry competition, raw material price fluctuations, and weak downstream demand. At the same time, inventory impairment provisions expanded, and operating cash flow turned from positive to negative at negative 104 million yuan. By business segment, electronic materials revenue was 828 million yuan, with a gross margin of only 3.36 percent. Chemical materials wholesale revenue was 292 million yuan, down 42.82 percent year on year, but gross margin improved to 15.14 percent. Revenue from self-produced composite sheet and rod materials was 163 million yuan, up 6.22 percent year on year, with a gross margin of 18.46 percent, showing the resilience of the company's own brand in its premium transformation. The company said that with the start of the 15th Five-Year Plan, emerging fields such as AI computing power, new energy vehicles, and semiconductors are expected to drive demand recovery, but risks such as inventory impairment and cash flow repair remain.

Tongyi Shares disclosed its 2026 semi-annual report on August 29. In the first half of the year, it achieved total operating revenue of 1.28 billion yuan, down 17.23 percent year on year. Net profit attributable to the parent company was a loss of 6.262 million yuan, compared with a profit of 5.625 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 8.0822 million yuan, compared with a profit of 4.5668 million yuan a year earlier. Net cash flow from operating activities was negative 104 million yuan, compared with 28.2064 million yuan in the prior-year period. Basic earnings per share were negative 0.0346 yuan, and the weighted average return on equity was negative 0.70 percent. The company has formed a coordinated development structure with two major business segments: agency and solutions, and own-brand manufacturing. As of August 28, 2026, 22.18 percent of the company's shares were pledged. The largest shareholder, Hua Qingcui, pledged 15.51 million shares, accounting for 39.8 percent of her holdings. The second-largest shareholder, Shao Yunan, pledged 14.03 million shares, accounting for 48.93 percent of his holdings. The fourth-largest shareholder, Ma Yuan, pledged 1.46 million shares, accounting for 48.83 percent of his holdings.