Zhejiang Chenfeng Science and Technology Co Ltd Class A

Chenfeng Technology released its 2026 interim report. Total operating revenue was 522 million yuan, down 10.01% from the same period last year, and net profit attributable to the parent company was 20.5265 million yuan. Net cash inflow from operating activities was 80.7995 million yuan, down 51.21% year on year. The company's latest debt-to-asset ratio was 48.23%, gross margin was 19.99%, return on equity was 1.03%, and diluted earnings per share was 0.08 yuan. The number of shareholders was 7,676, and the top ten shareholders held 66.70% of the shares.

Chenfeng Technology announced that after a self-inspection it needs to pay back taxes and late fees totaling 5.2194 million yuan, and as of the disclosure date the full amount has been paid. The tax matter does not involve administrative penalties. The back taxes and late fees are expected to be recorded in the company's current profit and loss for 2026, with the specific impact subject to the audited financial statements for 2026. In 2025 the company achieved revenue of 1.129 billion yuan, down 10.78 percent year on year, with net profit attributable to the parent of 22.04 million yuan, up 173.96 percent year on year, but non-recurring net profit showed a loss of 11.41 million yuan. In the first quarter of 2026 the company achieved operating revenue of 242 million yuan, down 6.38 percent year on year, with net profit attributable to the parent of 9.9692 million yuan, compared with a loss of 4.869 million yuan in the same period last year, turning losses into profits. As of the close on August 19, Chenfeng Technology fell 7.58 percent to 25.10 yuan per share, with a total market value of about 6.349 billion yuan, and the share price has risen nearly 30 percent cumulatively this year.