Zhejiang Chengbang Landscape

ChengBang Co., Ltd. disclosed its 2026 semi-annual report on August 31, showing first-half operating revenue of 342 million yuan, up 65.16% year on year, and net profit attributable to shareholders of the listed company of 22.3996 million yuan, up 314.61% year on year. Among this, the semiconductor storage business achieved operating revenue of 257 million yuan, accounting for 75.10% of total revenue and becoming the core engine of performance growth. The company has been renamed ChengBang SmartCore Technology Co., Ltd. to reflect the prominent position of the storage business in its dual-main-business strategy. In addition, the company completed a simplified private placement, raising about 100 million yuan, of which 75 million yuan will be used for an embedded storage chip capacity expansion project to increase production capacity for LPDDR, EMMC and other products. As the storage industry boom continues and domestic substitution accelerates, the company is expected to further consolidate its competitive advantages.

ChengBang Shares announced its 2026 semi-annual report on August 31. In the first half of the year, it achieved total operating revenue of 342 million yuan, up 65.16 percent year on year, and net profit attributable to the parent of 22.3996 million yuan, turning from a loss to a profit compared with the same period last year. Non-recurring net profit was 13.4749 million yuan, also turning from a loss to a profit. Net cash flow from operating activities was negative 33.5171 million yuan, compared with 67.5214 million yuan in the same period last year. The company's main businesses are semiconductor storage and ecological environment construction. During the reporting period, the weighted average return on equity was 4.15 percent, up 5.77 percentage points year on year. In addition, as of August 28, 2026, 17.89 percent of the company's shares were pledged.