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Lanpec Technologies Ltd

Lanpec Technologies Limited manufactures petrochemical equipment in China and internationally. Its products include various heat exchangers, air coolers, waste heat recovery systems, evaporative crystallizers, towers, natural gas dehydration units, slug catcher systems, gas filtration and separation equipment, crude oil stabilizers, produced water treatment systems, fuel gas treatment systems, chemical injection systems, and coupling power tongs. The company also provides LNG receiving terminal technology and equipment, marine exhaust gas scrubbing systems for SOx/CO2 removal, FPSO upper module light hydrocarbon treatment and storage equipment, utility systems such as diesel tanks, potable water tanks, and open and closed drain tanks, pig launch and receiver devices, wellhead gathering and allocation systems, and three-phase oil, gas, and water separation systems. Additionally, it offers storage and transportation engineering, spherical tank engineering, drilling and production tools laboratory, casing and tubing production lines, and molten salt storage tank EPC projects, along with engineering design, testing, and on-site repair services. The company serves oil refining and chemical equipment, marine oil equipment, light industrial and food machinery, oil and gas drilling and production equipment, downhole tools and testing systems, metallurgical intelligent equipment, and renewable energy fields. Founded in 1958, Lanpec Technologies Limited is based in Shanghai, China.

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601798.CG

Lanke High-tech's 2026 interim net profit reaches 53.0439 million yuan, up 153.24% year-on-year

Lanke High-tech released its 2026 interim report, with total operating revenue of 407 million yuan and net profit attributable to the parent company of 53.0439 million yuan, up 153.24% from the same period last year, marking three consecutive years of growth. The company's net cash flow from operating activities was negative 134 million yuan, its asset-liability ratio was 48.92%, gross margin was 29.69%, ROE was 3.98%, and diluted earnings per share was 0.15 yuan. The number of shareholders was 26,200, and the top ten shareholders held 43.82% of the total share capital.
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Lanke High-Tech 2026 Interim Report: Asset Disposal Boosts Profit, Operating Cash Flow Under Pressure

Lanke High-Tech released its 2026 interim report. During the reporting period, the company achieved operating revenue of 407 million yuan, down 1.25 percent year on year. Net profit attributable to the parent company was 53.04 million yuan, up 153.24 percent year on year. Net profit after deducting non-recurring items was 7.52 million yuan, down 50.64 percent year on year. Net cash flow from operating activities was negative 134 million yuan, with the net outflow widening compared with the same period last year. The profit growth was mainly driven by product mix optimization and a one-time investment gain of about 32.44 million yuan from transferring a 24 percent stake in Shanghai Hetu. However, the decline in net profit after deducting non-recurring items shows that the recovery of core business profitability remains volatile. The company signed new contracts worth 685 million yuan, up 11.35 percent year on year, but inventory reached 771 million yuan, up 22.68 percent from the beginning of the period, putting pressure on operating cash flow.
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Lanpec Technologies Appoints Xu Xianghui as Deputy General Manager

Lanpec Technologies announced that its board of directors has approved the appointment of Xu Xianghui as deputy general manager. Xu Xianghui, 54, holds a bachelor's degree in engineering and is a senior engineer at the professor level. He previously served as general manager and party secretary of China Air Separation Engineering Co., Ltd., and currently serves as party secretary and chairman of the same company.
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Sumec Reports First-Half Net Profit of 693 Million Yuan, Up 6.62% Year-on-Year

Sumec released its 2026 half-year performance flash report, achieving operating revenue of 66.422 billion yuan, a year-on-year increase of 19.66%, and net profit attributable to shareholders of the listed company of 693 million yuan, up 6.62% year-on-year. The performance growth was mainly driven by structural optimization and technological innovation in the industrial chain segment, business model optimization in the supply chain segment, and the acquisition of Lanpec Technologies, which enhanced overall strength. Net profit for the second quarter was 383 million yuan, up 23% quarter-on-quarter from 311 million yuan in the first quarter.
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Lanpec Technologies expects first-half 2026 net profit to rise over 150% year on year

Lanpec Technologies has released its first-half 2026 earnings forecast, expecting net profit attributable to shareholders of the parent company to reach approximately 53.05 million yuan, an increase of more than 150% year on year.
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