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Suzhou Shihua New Material Technology Co Ltd

Suzhou Shihua New Material Technology Co., Ltd. designs, develops, manufactures, and sells functional materials in China. Its functional electronic materials are used in AI smart hardware, automotive electronics, and medical electronics for bonding, thermal conductivity, electrical conductivity, shielding, chemical resistance, and waterproofing inside electronic products. The company also supplies high-performance optical materials for mainstream display panels such as OLED and LCD. Founded in 2010, it is headquartered in Suzhou, China.

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Shihua Technology's 2026 interim net profit was 122 million yuan, down 36.61% year-on-year

Shihua Technology released its 2026 interim report, with net profit attributable to the parent company of 122 million yuan, a decrease of 36.61% compared with the same period last year. The company's total operating revenue was 402 million yuan, down 25.01% year-on-year; net cash inflow from operating activities was 234 million yuan. The latest gross margin was 53.21%, a decrease of 2.41 percentage points from the same period last year; diluted earnings per share were 0.44 yuan, down 40.54% year-on-year.
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Shihua Technology Appoints Xu Younong as New General Manager

Shihua Technology announced that Gu Zhengqing has resigned as general manager due to work adjustments, but will continue to serve as the company's controlling shareholder, actual controller, core technical personnel, chairman, and in related roles on the board's special committees. The board of directors has appointed Xu Younong as the new general manager, with a term lasting until the end of the third board's tenure. In the first quarter of 2026, Shihua Technology achieved revenue of 239 million yuan and a net profit attributable to the parent company of 85.36 million yuan.
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