Changhong High-Tech released its 2026 interim report, showing a swing from profit to loss, with net profit attributable to the parent company at minus 58.3866 million yuan, a decrease of 60.0631 million yuan from the same period last year, down 3,582.49 percent year on year. Total operating revenue was 1.546 billion yuan, down 16.11 percent year on year. Net cash inflow from operating activities was 76.1923 million yuan, down 15.25 percent year on year. The company's asset-liability ratio was 71.73 percent, gross margin was 5.22 percent, return on equity was minus 3.04 percent, and diluted earnings per share was minus 0.09 yuan.
Ningbo Changhong Polymer Scientific & Technical IncCompany reported a net loss of 58.3866 million yuan, swinging from profit to loss, with revenue down 16.11%.
