Hangzhou Huawang New Material Technology Co.Ltd.

Huawang Technology released its 2026 interim report. Total operating revenue was 1.457 billion yuan, down 10.42% from the same period last year. Net profit attributable to the parent company was 131 million yuan, down 15.66% year-on-year. Net cash inflow from operating activities was 145 million yuan. The asset-liability ratio was 32.67%, gross margin was 15.56%, and diluted earnings per share was 0.24 yuan, down 14.29% year-on-year. The company had 15,200 shareholders, and the top ten shareholders held 54.43% of total share capital.

HuaWang Technology disclosed its 2026 semi-annual report on August 27. In the first half, it achieved total operating revenue of 1.457 billion yuan, down 10.42% year-on-year; net profit attributable to the parent company was 131 million yuan, down 15.66% year-on-year; and non-GAAP net profit was 111 million yuan, down 27.67% year-on-year. The company plans to distribute a cash dividend of 2 yuan, tax included, for every 10 shares to all shareholders. Net cash flow from operating activities was 145 million yuan, up 31.82% year-on-year. As of the end of the first half, the company's inventory book value was 813 million yuan, accounting for 20.74% of net assets.