Hangzhou Cable disclosed its 2026 semi-annual report. In the first half of the year, revenue reached 5.097 billion yuan, up 12.66 percent year on year, while net profit attributable to shareholders of the listed company was 393 million yuan, up 938.67 percent. Second-quarter net profit was 312 million yuan, up 285 percent from the first quarter's 81 million yuan. In terms of shareholder structure, Yongtong Holding Group remained the largest holder of tradable shares, with 207 million shares, accounting for 29.94 percent of tradable A-shares. Zhejiang Fuchunjiang Communication Group ranked second, holding 138.6 million shares, or 20.06 percent of tradable A-shares, and reduced its stake. Well-known retail investor Zhang Jianping newly entered the list of top ten tradable shareholders, holding 24.3245 million shares, or 3.52 percent of tradable A-shares, making him the third largest tradable shareholder. Besides Zhang Jianping, Penghua Dual Bond Enhanced Bond Fund, Li Donglin, and Dai Rulei also newly entered the list.
Hangzhou CableNet profit soared 938.67% in H1 2026, with strong Q2 growth.
Zhejiang Fuchunjiang Communication Group reduced its stake in Hangzhou Cable.
