Chengzhi Shareholding Co LtdExpects net profit to surge 1,259%-1,573% YoY due to improved profitability in clean energy and chemical new materials businesses.

Chengzhi Shareholding expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 260 million and 320 million yuan, representing a year-on-year increase of 1,259.43% to 1,573.15%. The change in performance is mainly due to the clean energy business benefiting from the rebound in bulk chemical raw material prices driven by the international situation and the crude oil market, with product selling prices rising significantly and profitability improving substantially. The chemical new materials business saw steady growth in production and sales of liquid crystal display materials, with profitability continuing to improve.
Chengzhi Shareholding Co LtdExpects net profit to surge 1,259%-1,573% YoY due to improved profitability in clean energy and chemical new materials businesses.