Nantong Chaoda Equipment Co.Ltd.

Nantong Chaoda Equipment Co., Ltd. released its 2026 interim report, recording first-half revenue of 386 million yuan, up 9.21% year on year, with gross margin staying above 30%. The company saw notable growth in automotive interior automation tooling equipment, automotive interior and exterior trim molds, and battery enclosures, while also stepping up R&D investment. First-half R&D spending exceeded 30 million yuan, up 22.53% year on year, including 8.32 million yuan in R&D expenses at subsidiary Chaoda Intelligent in the field of intelligent agricultural robotics. The company is using its intelligent robotics business to cultivate a second growth driver of comparable scale.

Chaoda Equipment announced that the company plans to adjust the total amount of funds for share buybacks from the original no less than 25 million yuan and no more than 50 million yuan, to no less than 50 million yuan and no more than 100 million yuan. The upper limit of the buyback price remains unchanged at 46.39 yuan per share.