Traffic Control Technology Co Ltd

Traffic Control Technology released its 2026 interim report. Total operating revenue was 956 million yuan, up 0.37% year on year, and net profit attributable to the parent company was 54.0731 million yuan, up 6.16% year on year. Net cash flow from operating activities was negative 156 million yuan, an increase of 175 million yuan compared with the same period last year. The company's asset-liability ratio was 54.19%, gross margin was 38.79%, return on equity was 2.05%, and diluted earnings per share was 0.29 yuan. The number of shareholders was 7,439, and the top ten shareholders held 60.68% of the shares.

Traffic Control Technology has filed for arbitration with the Guiyang Arbitration Commission over a contract dispute concerning the signaling system project for Guiyang Metro Line 1. The company is demanding that Guiyang Public Transportation Investment and Operation Group pay the remaining contract price, overdue payment interest, and related fees, tentatively totaling approximately 90.46 million yuan. According to the announcement, the parties signed the contract and supplementary agreements between January 2016 and November 2017, under which Traffic Control Technology was to provide equipment, installation, system integration, and related services for the project. The entire line includes the first section, the later section, and Douguan Station. Traffic Control Technology stated that it has fully performed its obligations and met all payment milestone conditions, but the respondent has yet to pay the outstanding amounts. After multiple unsuccessful demands for payment, the company initiated arbitration. The case has been accepted but has not yet been heard.