Epoxy Base Electronic Material Corp Ltd

Hongchang Electronics released its 2026 half-year report, with net profit attributable to the parent company of 39.39 million yuan, up 141.1% year on year. Operating revenue was 2.19 billion yuan, up 64.8% year on year. Net profit attributable to the parent after deducting non-recurring items was 51.79 million yuan, up 257.5% year on year. Net operating cash flow was 53.76 million yuan, down 16.7% year on year. Second-quarter net profit attributable to the parent was 38.92 million yuan, up 294.0% year on year. During the reporting period, epoxy resin production and sales volumes were 90,600 tonnes and 88,400 tonnes respectively, up 47.77% and 46.61% year on year. Copper clad laminate production and sales volumes were 6.2604 million sheets and 6.0479 million sheets respectively, up 25.22% and 19.44% year on year. The company also completed the Zhuhai Hongchang Phase II project with annual capacity of 140,000 tonnes of liquid epoxy resin and the Zhuhai Hongchang Phase III project with annual capacity of 80,000 tonnes of electronic-grade functional epoxy resin.