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Aoke Chemical's First-Half Net Profit Soars 4621.13%
Aoke Chemical disclosed its semi-annual report, achieving a net profit attributable to shareholders of the listed company of 61.5397 million yuan in the first half of 2026, a year-on-year increase of 4621.13%. The company's operating revenue for the same period was 2.295 billion yuan, up 12.41% year-on-year, with basic earnings per share of 0.0905 yuan. Luxshare Precision expects net profit for the first three quarters to be between 13.246 billion yuan and 14.398 billion yuan, a year-on-year increase of 15% to 25%, and disclosed first-half net profit of 7.843 billion yuan, up 18.04% year-on-year. Tongxing Technology plans to issue convertible bonds to raise no more than 650 million yuan for projects including temperature control products for computing power centers.
Artificial Intelligence▲
Tongxing Technology plans convertible bonds of up to 650 million yuan to expand computing-power thermal management
Tongxing Technology plans to issue convertible corporate bonds to unspecified investors, raising total proceeds of no more than 650 million yuan, for a computing-power center thermal-control product construction project, an embodied-intelligence thermal-control system and precision components industrialization project, and supplementary working capital. Of this, 400 million yuan will go to the computing-power center thermal-control product construction project, 130 million yuan to the embodied-intelligence thermal-control system and precision components industrialization project, and 120 million yuan to supplement working capital. The company said these fundraising projects are an extension of its existing business, have strong industrial synergy with its main operations, and the products have market and customer foundations. In the first half of this year, Tongxing Technology achieved operating revenue of 783 million yuan, up 26.25 percent year on year, while net profit attributable to shareholders of the listed company was 51.2399 million yuan, down 25.50 percent year on year.
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Tongxing Technology's 2026 interim net profit was 51.2399 million yuan, down 25.50% year-on-year
Tongxing Technology released its 2026 interim report, with net profit attributable to the parent company of 51.2399 million yuan, a decrease of 25.50% compared with the same period last year. The company's total operating revenue was 783 million yuan, up 26.25% year-on-year, achieving growth for five consecutive years. Net cash flow from operating activities was negative 67.8658 million yuan, a decrease of 52.4327 million yuan compared with the same period last year. The company's latest asset-liability ratio was 32.69%, gross margin was 17.44%, ROE was 3.76%, and diluted earnings per share was 0.30 yuan.
301252.CS▼
Tongxing Technology first-half 2026 revenue rises 26.25%, net profit attributable to parent falls 25.50%
Tongxing Technology released its 2026 interim report. In the first half, operating revenue reached 783 million yuan, up 26.25% year on year, but net profit attributable to the parent company was 51.24 million yuan, down 25.50% year on year. Net profit after deducting non-recurring items was 48.63 million yuan, down 9.21% year on year, while gross margin and net margin fell to 17.35% and 6.54% respectively. Revenue from refrigeration components and products was 677 million yuan, accounting for 86.41% of total revenue, and domestic revenue accounted for 91.87%. In the first half, the company completed the acquisition of 51% stakes in Wuxi Tongwei Precision Machinery Company Limited and Bingyuan Power Xiamen Technology Company Limited. Net cash flow from operating activities was negative 67.87 million yuan, a year-on-year decrease of 339.74%, and finance expenses rose 297.19% year on year. The company will not distribute cash dividends for the first half of 2026. Among its fundraising projects, the industrialisation project for high-efficiency heat exchangers in light commercial systems has reached an investment progress of 53.69% and has been extended to 18 May 2027.
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Tongxing Technology Secures Up to 108 Million Yuan Special Repurchase Loan Commitment from China CITIC Bank
Tongxing Technology announced that it has recently obtained a loan commitment letter from the Shaoxing branch of China CITIC Bank, with a credit line of up to 108 million yuan and a term of no more than 36 months, specifically for repurchasing the company's shares.
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Tongxing Technology Repurchases 300,900 Shares in First Buyback
Tongxing Technology announced that on July 31, 2026, the company repurchased 300,900 of its own shares for the first time through a dedicated securities account via centralized competitive trading, accounting for 0.18% of the company's total share capital.
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Tongxing Technology Plans to Buy Back Shares Worth 60 Million to 120 Million Yuan
Tongxing Technology announced plans to use its own funds and/or self-raised funds to repurchase company shares through centralized bidding. The repurchase amount will be no less than 60 million yuan and no more than 120 million yuan, with a maximum repurchase price of 57.01 yuan per share. The estimated number of shares to be repurchased ranges from 1.05 million to 2.1 million, accounting for 0.62% and 1.24% of the total share capital respectively. The repurchase period is within 12 months from the date the board of directors approves the plan. In the first quarter of 2026, the company achieved revenue of 344 million yuan and net profit attributable to the parent company of 22.06 million yuan.
Tongxing Technology Plans to Buy Back Shares for 60 Million to 120 Million Yuan
Tongxing Technology announced that the company plans to buy back shares using its own funds and/or self-raised funds, with a total amount of no less than 60 million yuan and no more than 120 million yuan. The buyback price will not exceed 57.01 yuan per share, and the repurchased shares will be used for employee stock ownership plans or equity incentive plans.
301252.CS▲
Tongxing Technology Plans to Buy Back Shares Worth 60 Million to 120 Million Yuan for Employee Incentives
Tongxing Technology announced plans to repurchase a portion of its ordinary A-shares through centralized bidding using its own funds or self-raised funds, for use in employee stock ownership plans or equity incentives. The total repurchase amount will be no less than 60 million yuan and no more than 120 million yuan, with a repurchase price not exceeding 57.01 yuan per share. The repurchase period is within 12 months from the date the board of directors approves the plan. Based on the upper limits of the repurchase price and amount, the estimated number of shares to be repurchased ranges from 1,052,400 to 2,104,700 shares, accounting for approximately 0.62 percent to 1.24 percent of the company's total share capital. If the repurchased shares are not used for the above purposes within three years after the disclosure of the repurchase results and share change announcement, the untransferred portion will be cancelled in accordance with the law. As of March 31, 2026, the company's total assets, total equity attributable to shareholders of the listed company, and total current assets were approximately 1.97 billion yuan, 1.354 billion yuan, and 1.406 billion yuan, respectively. Based on the upper limit of the repurchase funds of 120 million yuan, the repurchase funds account for 6.09 percent, 8.86 percent, and 8.54 percent of the above three indicators, respectively. After the repurchase is completed, the company's shareholding structure will not undergo significant changes, and there will be no change in control or impact on its listing status.