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Shenzhen Neoway Technology Co Ltd

Shenzhen Neoway Technology Co., Ltd. develops, produces, and sells IoT wireless communication modules, terminals, solutions, and cloud products in China and internationally. Its offerings include 2G/3G/4G/5G/NB-IoT/eMTC cellular modules for smart energy, IoV, smart manufacturing, commercial retail, smart city, and other industries, as well as fleet management, Wi-Fi hotspot, usage-based insurance, and vehicle finance wireless device solutions. The company also provides wireless communication terminals such as 4G smart OBD and emergency vehicle lights, urban IoT sensing terminals including motion detectors, environmental monitors, general-purpose data collectors, and IoT gateways, plus the Neopipe cloud application software platform and Neoaccess Cloud access service platform. It serves the energy, automotive, telematics, commercial retail, smart city, electrical appliance, healthcare, and security fields. Founded in 2006, the company is headquartered in Shenzhen, China.

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Neoway Technology's 2026 interim report shows net profit of 74.5974 million yuan

Neoway Technology released its 2026 interim report. The company's total operating revenue was 970 million yuan, down 42.04% from the same period last year, and net profit attributable to the parent company was 74.5974 million yuan. Net cash inflow from operating activities was 110 million yuan, down 22.49% year on year. The company's asset-liability ratio was 63.98%, gross margin was 23.22%, ROE was 7.54%, and diluted earnings per share was 0.81 yuan. Total asset turnover and inventory turnover fell by 52.44% and 69.63% respectively. The number of shareholders was 12,100, and the top ten shareholders held 37.26% of the total share capital.
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Neoway Technology Wins First-Instance Contract Dispute, Awarded Approximately 34.51 Million Yuan in Payment

Neoway Technology has won the first-instance trial in a contract dispute with China Electronics Digital Innovation Luzhou Technology Company. The court ordered the defendant to pay approximately 34.51 million yuan in outstanding payment and overdue payment liquidated damages. The dispute originated from a storage integration solution supply contract signed in August 2023 with a total value of approximately 42.61 million yuan. The defendant paid only 8.1 million yuan, leaving approximately 34.51 million yuan overdue. In the first quarter of 2026, Neoway Technology achieved revenue of 549 million yuan and net profit attributable to the parent company of 27.81 million yuan.
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