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Caihong Display Devices Co Ltd

Caihong Display Devices Co., Ltd. researches, develops, produces, and sells substrate glass and display panels in China and internationally. Its offerings include TFT-LCD liquid crystal substrate glass, liquid crystal glass panels, other glass products, modules and supporting products, and new display devices and components. The company is also involved in electronic glass production and processing, real estate development, property management, garden landscape design, site and house leasing, and the sale of non-metallic minerals and products, as well as early childhood care and education services. Founded in 1992, it is headquartered in Xianyang, China.

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Caihong Display Devices' 2026 interim net profit falls 77.87% year on year

Caihong Display Devices released its 2026 interim report, with total operating revenue of 5.563 billion yuan, down 1.78% year on year. Net profit attributable to the parent company was 99.9664 million yuan, down 77.87% year on year. Net cash inflow from operating activities was 1.864 billion yuan, down 7.52% year on year. The company's asset-liability ratio was 37.52%, gross margin was 16.14%, return on equity was 0.46%, and diluted earnings per share was 0.03 yuan. The number of shareholders was 268,900, and the top ten shareholders held 69.39% of total share capital.
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Caihong Display Devices first-half net profit attributable to parent falls 77.9% to 99.97 million yuan

Caihong Display Devices released its 2026 interim report, showing first-half net profit attributable to the parent of 99.97 million yuan, down 77.9% year on year. Operating revenue was 5.563 billion yuan, down 1.8% year on year. Net profit attributable to the parent after deducting non-recurring items was 43.94 million yuan, down 89.2% year on year. Net operating cash flow was 1.864 billion yuan, down 7.5% year on year. Earnings per share were 0.028 yuan. In the second quarter, operating revenue was 2.82 billion yuan, up 4.4% year on year. Net profit attributable to the parent was 94.44 million yuan, down 27.0% year on year. Net profit attributable to the parent after deducting non-recurring items was 62.99 million yuan, down 37.0% year on year. As of the end of the second quarter, total assets were 42.825 billion yuan, down 2.5% from the end of the previous year. Net assets attributable to the parent were 21.641 billion yuan, down 0.7% from the end of the previous year. The company's main business is the research, development, production and sale of substrate glass and display panels. During the reporting period, end-market demand for LCD panels grew structurally, with the share of large-size products rising. The company actively improved production line capabilities and steadily advanced construction of new G8.5+ LCD substrate glass production lines, with production, sales volume and sales revenue continuing to grow year on year.
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Rainbow Holdings' controlling shareholder releases 30 million shares from pledge, but cumulative pledged shares still exceed 70% of its holdings

Rainbow Holdings announced that its controlling shareholder, Xianyang Financial Holdings Group, has released 30 million shares from pledge, representing 2.70% of its holdings and 0.84% of the company's total share capital. As of the announcement date, Xianyang Financial Holdings has a cumulative pledged share count of 788 million shares, accounting for 70.81% of its holdings and 21.96% of the company's total share capital. In the first quarter of 2026, Rainbow Holdings achieved revenue of 2.747 billion yuan and a net profit attributable to the parent company of 5.53 million yuan.
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