Hengshi Technology released its 2026 interim report. First-half operating revenue was 493 million yuan, up 22.3% year on year, while net loss attributable to the parent narrowed to 46.62 million yuan from a loss of 106 million yuan in the same period last year. Second-quarter revenue was 312 million yuan, up 11.8% year on year, and net loss attributable to the parent was 20.1 million yuan, narrowing from a loss of 74.53 million yuan a year earlier. As of the end of the second quarter, total assets stood at 2.612 billion yuan and net assets attributable to the parent at 519 million yuan. The company continued to advance its main businesses in digital energy, communications technology services, and intelligent IoT applications. It made progress in building new power systems and signed multiple key projects involving State Grid and China Southern Power Grid. In communications technology services, it won new engineering design service contracts from China Unicom and China Mobile, while its intelligent IoT applications business also expanded into multiple sectors.
Beijing E-techstar Co LtdH1 revenue up 22.3% and net loss narrowed significantly, indicating improved financial performance.
