Changhong Huayi disclosed its 2026 semi-annual report. In the first half, net profit attributable to the parent company was 251 million yuan, a slight year-on-year decline, while non-GAAP net profit rose 12.64% year on year. Net cash flow from operating activities was 425 million yuan, a sharp year-on-year increase of 57.88%, and overall gross margin improved by 1.63 percentage points to 14.33%. Total sales of hermetic piston compressors were 47.56 million units, basically flat year on year. Among them, sales of variable-frequency compressors were 17.45 million units, up 3.6% year on year, and sales of new energy vehicle air-conditioning compressors were 650,000 units, down slightly by 3.0% year on year. The company said it will not implement cash dividends, bonus shares, or conversion of capital reserve into share capital for the first half of 2026.
Huayi Compressor Co LtdNon-GAAP net profit up 12.64%, operating cash flow up 57.88%, gross margin improved.
Nantong Jiangshan Agrochemical & Chemicals Co Ltd