Suzhou Recodeal Interconnect System Co Ltd

Ruikeda released its 2026 interim report, with net profit attributable to the parent company of 111 million yuan, a decrease of 29.36% compared with the same period last year. The company's total operating revenue was 1.548 billion yuan, and net cash inflow from operating activities was 436 million yuan. The latest asset-liability ratio was 57.68%, gross margin was 21.98%, ROE was 4.40%, and diluted earnings per share was 0.39 yuan.

Ruikeda released its 2026 half-year report, showing first-half net profit attributable to the parent fell 29.4% year-on-year to 111 million yuan. Operating revenue was 1.55 billion yuan, up 1.5% year-on-year; net profit attributable to the parent excluding non-recurring items was 106 million yuan, down 28.2% year-on-year; net operating cash flow was 436 million yuan, up 422.8% year-on-year. Second-quarter operating revenue was 796 million yuan, up 4.3% year-on-year, while net profit attributable to the parent was 51.99 million yuan, down 36.1% year-on-year. The company said it continues to focus on connection system products and expand markets in areas such as new energy vehicles, communications, and energy storage.

Recodeal announced it will redirect 200 million yuan of raised funds originally earmarked for the High-Frequency High-Speed Connection System Renovation and Upgrade Project to a new project, the Ruihui Photonics New-Generation High-Precision Optical Communication Passive Connection Components Industrialization Project, in order to accelerate its layout in optical communication connector products. The funds come from convertible bonds issued in 2025. The total investment in the original project has been adjusted from 500 million yuan to 300 million yuan. The new project has a total investment of 306.5287 million yuan and is expected to be completed in 2027, with the implementing entity being wholly owned subsidiary Sichuan Ruihui Photonics Technology Co., Ltd. In the first half of the year, the company achieved operating revenue of 1.548 billion yuan, up 1.51% year on year, while net profit attributable to the parent company was 111 million yuan, down 29.36% year on year, showing revenue growth without profit growth. Second-quarter operating revenue was 796 million yuan, up 4.29% year on year, while net profit attributable to the parent company was approximately 51.99 million yuan, down 36.12% year on year.