ZheJiang HuaSheng Technology Co.Ltd

ZheJiang HuaSheng Technology Co., Ltd. researches, develops, produces, and sells plastic composite materials in China and internationally. Its products include drop stitch fabrics, PVC tarpaulins, inflatable fabrics, flex banners, TPU leather, and BOPP capacitive films, as well as brushed air cushion materials, inflatable yacht materials, canopy materials, awning materials, and lightbox advertising materials. These products are used in applications such as inflatable airtight materials, inflatable mats and air tracks, cargo materials, tents, sign materials, and pool cloth. The company also engages in the circulation of commodities and exports to the United States, Europe, South America, Australia, and the Middle East. Founded in 1996, it is headquartered in Haining, China.

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Huasheng Technology swings to net loss in 2026 interim report

Huasheng Technology released its 2026 interim report, with total operating revenue of 203 million yuan and net profit attributable to the parent company of negative 2.7714 million yuan, swinging from profit to loss. This represents a decrease of 25.6429 million yuan compared with the same period last year, down 112.12 percent year on year. Net cash flow from operating activities was negative 42.649 million yuan, down 302.62 percent year on year. The company's asset-liability ratio was 12.11 percent, gross margin was 19.06 percent, return on equity was negative 0.25 percent, and diluted earnings per share was negative 0.02 yuan.

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