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Nanjing Huamai Tech Co Ltd

Nanjing Huamai Technology Co., Ltd. researches, develops, designs, manufactures, and sells communication network equipment in China. Its products include fiber optic cables, FTTX, outdoor cabinets, RF components, IDC, and lithium batteries. The company also provides FTTH, data center, base station, and household solar energy solutions, and exports its products. Founded in 1998, it is based in Nanjing, China.

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Huamai Technology Releases 2026 Interim Report with Net Profit of 18.5433 Million Yuan

Huamai Technology has released its 2026 interim report, with net profit attributable to the parent company of 18.5433 million yuan. The company's total operating revenue was 394 million yuan, and net cash outflow from operating activities was 41.5837 million yuan, an increase of 13.1628 million yuan compared with the same period last year. The latest asset-liability ratio was 41.01 percent, up 1.30 percentage points from a year earlier; gross margin was 35.79 percent, return on equity was 2.18 percent, and diluted earnings per share was 0.09 yuan. Total asset turnover was 0.24 times, and inventory turnover was 2.91 times, down 15.49 percent year on year. The number of shareholders was 25,400, and the top ten shareholders held a combined 62.2421 million shares, accounting for 29.81 percent of total share capital.
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Huamai Technology swings to profit in 2026 interim report with net profit of 18.5433 million yuan

Huamai Technology released its 2026 interim report, with net profit attributable to the parent company of 18.5433 million yuan, an increase of 40.3437 million yuan compared with the same period last year, achieving a turnaround from loss to profit. The company's total operating revenue was 394 million yuan, up 5.04 percent year on year. The latest gross margin was 35.79 percent, up 16.75 percentage points from the same period last year, marking three consecutive years of growth. Net cash flow from operating activities was negative 41.5837 million yuan, a decrease of 13.1628 million yuan compared with the same period last year.
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Huamai Technology Plans Restricted Stock Incentive Scheme, Granting Up to 16 Million Shares

Huamai Technology has unveiled its 2026 restricted stock incentive plan, proposing to grant up to 16 million restricted shares, representing 7.66% of the company's total share capital of 209 million shares. Of these, 13.4 million shares will be granted initially, with 2.6 million shares reserved, at a grant price of 6 yuan per share. The initial grant covers 64 recipients, including company directors, senior management, and core staff. In the first quarter of 2026, the company achieved revenue of 167 million yuan, with a net loss attributable to the parent company of 2.19 million yuan.
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Huamai Technology expects first-half pre-profit of 16 million to 21 million yuan, turning around from a year-ago loss

Huamai Technology issued an earnings forecast, estimating that net profit attributable to shareholders of the listed company for the first half of 2026 will be between 16 million and 21 million yuan, swinging to a profit from a loss a year earlier. The improvement was mainly driven by continuously rising market prices for optical fiber and cable in the communications industry, which boosted product gross margins, while the company strengthened lean management and advanced cost reduction and efficiency gains, leading to a year-on-year decline in the period expense ratio. In addition, the impact of non-recurring gains and losses on net profit during the reporting period was approximately 5 million yuan, primarily from government grants recognized in the current period.
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