Hongchang Technology released its 2026 interim report. First-half net profit attributable to the parent was 34.12 million yuan, up 113.7% year on year. Operating revenue was 558 million yuan, up 2.8% year on year, but net profit after deducting non-recurring items was a loss of 3.85 million yuan, down 140.7% year on year, and net operating cash flow was negative 100 million yuan, down 475.02% year on year. In the second quarter, operating revenue was 302 million yuan, up 11.0% year on year, and net profit attributable to the parent was 32.68 million yuan, up 709.8% year on year. As of the end of the second quarter, total assets were 2.335 billion yuan, up 4.3% from the end of the previous year, and net assets attributable to the parent were 1.555 billion yuan, up 3.3% from the end of the previous year. The company's main businesses include home appliance components, automotive components, molds and equipment automation, and robotics-related business, and it flagged risks from slowing home appliance demand and high customer concentration.
Zhejiang Hongchang Electrical Technology Co. Ltd.First-half net profit attributable to parent rose 113.7% to 34.12 million yuan, though non-recurring items and cash flow were weak.
Guangdong Macro Co Ltd