Guizhou Aviation Technical Development Co Ltd

Hangyu Technology disclosed its 2026 semi-annual report. In the first half, it achieved total operating revenue of 1.196 billion yuan, up 30.87% year on year. Net profit attributable to the parent company was 117 million yuan, up 29.68% year on year. Net profit after deducting non-recurring items was 111 million yuan, up 51.20% year on year. Net cash flow from operating activities was 151 million yuan, compared with negative 2.7396 million yuan in the same period last year. During the reporting period, basic earnings per share were 0.62 yuan, and the weighted average return on equity was 5.54%. The company mainly produces ring forgings for aircraft engines.

Hangyu Technology recently signed a long-term supply agreement with a customer in the international commercial aero-engine sector. Under the agreement, the company will supply low-pressure rotor components, which are high-grade rotating parts, for a certain model of aero-engine. Starting from the batch production of this product in 2028, the estimated total procurement value over the eight-year agreement period is approximately 240 million yuan. This collaboration will help enhance the company's competitiveness and extend its product line into the rotating parts segment.