Quechen Silicon Chemical Co. Ltd.

Quesheng Co. has released its 2026 interim report. During the reporting period, the company achieved total operating revenue of 1.219 billion yuan, and net profit attributable to the parent company of 177 million yuan, a decrease of 99.2783 million yuan compared with the same period last year, down 35.96% year on year. Net cash inflow from operating activities was 249 million yuan, down 25.80% year on year. The company's latest asset-liability ratio was 13.50%, gross margin was 27.71%, down 7.95 percentage points from the same period last year, and return on equity was 4.77%, down 3.11 percentage points. Diluted earnings per share were 0.43 yuan, down 35.82% year on year. The number of shareholders was 13,500, and the top ten shareholders held 74.79% of the total share capital.

Quechen Silicon Chemical disclosed its 2026 interim report. In the first half, it achieved operating revenue of 1.219 billion yuan, up 9.57 percent year on year, but net profit attributable to shareholders of the listed company was 177 million yuan, down 35.96 percent year on year, with basic earnings per share of 0.43 yuan. The company plans to distribute a cash dividend of 0.5 yuan per 10 shares, tax included. The decline in profit was mainly due to new production lines still being in the ramp-up stage, with relatively large fixed cost allocations such as depreciation, increased management expenses after the completion of a new research and development building, foreign exchange losses arising from a relatively high proportion of overseas sales, and a sharp rise in commodity prices such as LNG and sulfur caused by geopolitical conflict in the Middle East in February 2026, which pushed up product costs.