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Nancal Energy-Saving Tech Co

Nancal Technology Co., Ltd. provides digital transformation solutions in China and internationally. Its offerings include cloud products and services such as technical tools, enterprise applications, business microservices, Amazon Web Services (AWS) cloud services, and Huawei government and enterprise services. The company also provides smart manufacturing services and products, including strategic planning and consulting, PLM for full product lifecycle management, simulation and testing services, test bench products, digital factory services, process automation services, ERP solutions, internet enterprise informatization services, and IT software technology outsourcing. In addition, it offers software systems and services, industrial engineering and industrial electrical products and services such as digital production lines, and smart electrical products including high-power high-voltage inverters, engineering inverters, soft starters, shore power supplies, power quality products, and energy management systems. Its products and services serve central enterprises and industries such as heavy industries, high-tech electronics, automobiles, rail transit, financial, internet, retail, oil and gas refining, metallurgy and nonferrous metals, offshore port vessels, cement building materials, power system, and coal mines. The company was founded in 2006 and is headquartered in Beijing, China.

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603859.CG

Nancal Technology's 2026 interim net profit was 94.694 million yuan, down 14.38% year-on-year

Nancal Technology released its 2026 interim report. Total operating revenue was 740 million yuan, and net profit attributable to the parent company was 94.694 million yuan, down 14.38% from the same period last year. Net cash flow from operating activities was negative 118 million yuan, a year-on-year decline of 425.51%. The company's asset-liability ratio was 26.55%, gross margin was 53.22%, return on equity was 2.26%, and diluted earnings per share was 0.37 yuan. The number of shareholders was 48,500, and the top ten shareholders held 37.03% of the shares.
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Artificial Intelligence

Nancal Technology's first-half net profit attributable to parent falls 14.4% year on year

Nancal Technology released its 2026 interim report. First-half operating revenue was 740 million yuan, up 0.3% year on year. Net profit attributable to the parent was 94.69 million yuan, down 14.4% year on year. Net profit attributable to the parent after deducting non-recurring items was 78.24 million yuan, down 22.9% year on year. Net operating cash flow was negative 118 million yuan, down 425.5% year on year. Second-quarter operating revenue was 407 million yuan, up 1.4% year on year, and net profit attributable to the parent was 45.61 million yuan, down 26.0% year on year. The company is accelerating its business transformation around its All in AI strategy. Revenue from AI products and services reached 294 million yuan, up 39.15% year on year, and its revenue share rose to nearly 40%, making it the largest business by scale. Revenue from software systems and services fell 81.89% year on year, and the strategic contraction has been basically completed.
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