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New East New Materials Co Ltd

New East New Materials Co., Ltd. produces and sells gravure inks in China and internationally. Its products include polyurethane adhesives, PCB electronic inks, and packaging inks. The company also offers artificial intelligence rental services, including GPU Bare Metal, a cloud computing service; GPU Cloud Host, an elastic computing service; and GPU Cloud Container for quick task initiation. Founded in 1983, it is based in Hefei, China.

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Oriental Materials' 2026 interim net profit reaches 10.9499 million yuan

Oriental Materials released its 2026 interim report, with total operating revenue of 197 million yuan and net profit attributable to the parent company of 10.9499 million yuan. Net cash flow from operating activities was negative 3.1728 million yuan, a decrease of 16.3505 million yuan compared with the same period last year, down 124.08 percent year on year. The company's asset-liability ratio was 12.98 percent, and its gross margin was 26.87 percent, down 1.28 percentage points from the previous quarter and down 1.75 percentage points from the same period last year. The latest return on equity was 1.56 percent, and diluted earnings per share were 0.05 yuan. The number of shareholders was 20,700, and the top ten shareholders held 30.35 percent of the total share capital.
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Eastern Materials' first-half net profit attributable to parent surges 1,573.21% year on year

Eastern Materials released its 2026 semi-annual report on August 27. During the reporting period, the company achieved operating revenue of 197 million yuan, up 13.21% year on year. Net profit attributable to shareholders of the listed company was 10.9499 million yuan, up 1,573.21% year on year.
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Eastern Materials' first-half 2026 net profit surges 1,573% year on year

Eastern Materials released its first-half 2026 report, achieving operating revenue of 197 million yuan, up 13.21% year on year. Net profit attributable to shareholders of the listed company was 10.95 million yuan, up 1,573.21% year on year. Second-quarter net profit was 1 million yuan, down 94% quarter on quarter, after the company had previously guided for a range of negative 1 million yuan to 2 million yuan.
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Eastern Materials' Wholly-Owned Subsidiary Plans to Acquire 12% Stake in Carbon Nest New Materials Technology and Gain Control

Eastern Materials announced that its wholly-owned subsidiary, New Eastern Materials Tengzhou, has signed an Equity Transfer Agreement with Zhou Qihua and Chen Yun, acquiring their respective 10% and 2% stakes in Carbon Nest New Materials Technology Tengzhou for zero yuan. The corresponding subscribed capital contributions are 10 million yuan and 2 million yuan, both of which have not been paid in. At the same time, the company signed a Concerted Action Agreement with Zhou Qihua and Chen Yun. After the transaction, the company will hold a total of 60% of the voting rights in the target company, making it a controlled subsidiary and consolidating it into the financial statements.
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