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Atlantic China Welding Consumables Inc

Atlantic China Welding Consumables, Inc. researches, develops, produces, and sells welding rods, welding wires, and fluxes in China and internationally. Its welding rods include carbon steel, low alloy steel, stainless steel, cladding, cast iron, nickel and nickel alloy, and copper and copper alloy types. Its welding wires cover gas shielded MAG, MIG, and TIG wires, solid and flux-cored wires, non-ferrous metal wires, and submerged arc wires, along with smelting and sintering fluxes. These products are used in kitchen, fitness, pharmaceutical, and transportation equipment; infrastructure such as bridges, tunnels, roads, railways, high-rise buildings, pipelines, and ports; and energy equipment construction. Founded in 1949, the company is based in Zigong, China.

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Atlantic's H1 2026 net profit rises 19.53% year on year; proposes 0.5 yuan dividend per 10 shares

Atlantic, stock code 600558, disclosed its 2026 semi-annual report on August 27. In the first half of the year, it achieved total operating revenue of 2.03 billion yuan, up 6.34% year on year. Net profit attributable to the parent company was 107 million yuan, up 19.53% year on year. Net profit after deducting non-recurring items was 106 million yuan, up 28.41% year on year. The company plans to distribute a cash dividend of 0.5 yuan per 10 shares, tax included, to all shareholders. As of the end of the first half of 2026, the company's net cash flow from operating activities was 122 million yuan, down 14.35% year on year. The company's main business is the research, development, production and sales of welding materials such as welding rods, welding wires and fluxes.
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Atlantic Chief Engineer Jiang Yong Steps Down Due to Job Change

Atlantic announced that its board of directors has recently received a written resignation report from Chief Engineer Jiang Yong, who resigned from the position due to a job change. The resignation takes effect from the date it was delivered to the board. After stepping down, Jiang Yong will continue to hold a position at the company. The company stated that the handover work has been properly completed and will not affect normal production and operations.
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