Yangling Metron New Material Co Ltd

Yangling Metron New Material Inc. researches, develops, manufactures, and sells electroplated diamond wires and other superhard diamond tools in China and internationally. It is also involved in research and development of tungsten wire busbar. Its diamond wires are used for cutting in applications such as single crystal and polycrystalline silicon slicing in the photovoltaic industry, sapphire, magnetic materials, ceramics, crystals, and other high-value hard brittle materials. The company was incorporated in 2015 and is based in Yangling, China.

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Meichang Shares expects first-half 2026 net profit to rise 248.45%–272.08% year-on-year

Meichang Shares announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 295 million and 315 million yuan, representing a year-on-year increase of 248.45% to 272.08%. The change in performance is mainly due to a higher proportion of shipments of tungsten wire diamond wire and increased earnings from the tungsten scrap recycling business. The company's net profit for the second quarter is expected to be between 101 million and 121 million yuan, while net profit for the first quarter was 194 million yuan. Based on this calculation, second-quarter net profit is expected to decline by 37% to 48% quarter-on-quarter.

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