Meili Technology disclosed its 2026 semi-annual report on August 29. In the first half of the year, it achieved total operating revenue of 2.085 billion yuan, up 131.73% year on year; net profit attributable to the parent company was 116 million yuan, up 44.87% year on year; and non-GAAP net profit was 111 million yuan, up 43.20% year on year. Net cash flow from operating activities was negative 171 million yuan, compared with 75.6253 million yuan in the same period last year. Basic earnings per share were 0.55 yuan, and the weighted average return on equity was 8.88%, up 1.9 percentage points year on year. The company is mainly engaged in the research and development, production, and sales of high-end spring products.
Zhejiang Meili High Technology Co LtdNet profit up 44.87% YoY and revenue up 131.73% in H1 2026.
