Hengyin Technology released its 2026 interim report, showing first-half net profit attributable to the parent of 7.66 million yuan, down 46.5% year on year. Operating revenue was 112 million yuan, down 41.2% year on year. Net profit attributable to the parent after deducting non-recurring items was 3.23 million yuan, down 74.0% year on year. Net operating cash flow was negative 89.39 million yuan, down 74.8% year on year. Second-quarter operating revenue was 55.46 million yuan, down 42.7% year on year, and net profit attributable to the parent was 4.81 million yuan, down 46.4% year on year. The company said it has completed a strategic upgrade from a traditional manufacturer of intelligent financial equipment to an integrated technology enterprise driven by artificial intelligence as its core engine.
Cashway Technology Co LtdFirst-half net profit fell 46.5% and revenue dropped 41.2%.
