Guizhou Chitianhua Co Ltd

Recently, Guizhou listed companies have been intensively disclosing their first-half 2026 earnings forecasts, with many delivering impressive results. CNGR Advanced Material expects a net profit attributable to shareholders of 1.25 billion to 1.35 billion yuan, up 70.58% to 84.23% year-on-year, with core product sales exceeding 250,000 tonnes. Qian Yuan Power expects net profit to rise over 70% year-on-year. Anda Technologies, Panjiang Coal and Electric Power, and Chitianhua all turned losses into profits. At the same time, Guizhou listed companies are actively rewarding investors. Since the beginning of this year, cumulative cash dividends have reached 38.378 billion yuan, and share buybacks have totalled 3.387 billion yuan, both ranking first in the western region. The chairman of Qian Yuan Power has proposed a 2026 interim dividend, and companies including Kweichow Moutai, Guizhou Gas, and Vontron Technology have already made clear plans. In addition, Yibai Pharmaceutical and Guizhou Bailing recently disclosed that they will change the purpose of their share buybacks to cancellation and reduction of registered capital, while Chanhen Chemical completed the cancellation of 1.76 million repurchased shares in March this year.

Chitianhua disclosed its earnings forecast, expecting net profit attributable to owners of the parent company for the first half of 2026 to be between 32 million yuan and 47 million yuan, swinging to a profit compared with the same period last year. In the first half, the company's chemical production facilities improved both operational quality and efficiency, with increased output of main products urea and methanol and lower unit production costs. At the same time, since late February 2026, geopolitical factors have affected market supply, driving up sales prices of methanol and compound fertilizers year on year, and the chemical business's net profit grew compared with the same period last year.