Meiteng Technology, stock code 688420, disclosed its semi-annual report for 2026 on August 27. In the first half of the year, it achieved total operating revenue of 197 million yuan, a year-on-year decrease of 25.61 percent. Net profit attributable to the parent company was a loss of 18.7521 million yuan, compared with a profit of 8.1313 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 20.6758 million yuan, compared with a profit of 4.7287 million yuan in the same period last year. Net cash flow from operating activities was 11.8692 million yuan, compared with negative 16.7793 million yuan in the same period last year. Basic earnings per share were negative 0.22 yuan, and the weighted average return on net assets was negative 1.33 percent. The company is mainly engaged in the research, development, design, manufacturing and sales of two categories of core products: intelligent equipment, and intelligent systems and instruments. Its products are applied in three major fields: coal, non-coal mining, and renewable resources.
Tianjin Meiteng Technology Co. Ltd. AReports a net loss of 18.75 million yuan in H1 2026, down from a profit of 8.13 million yuan a year earlier.
