Raynen Technology has issued a performance forecast, expecting net profit attributable to the parent for the first half of 2026 to be between 65 million and 70 million yuan, a year-on-year increase of 82.65% to 96.70%. Net profit attributable to the parent after deducting non-recurring items is expected to be between 62.5 million and 67.5 million yuan, a year-on-year increase of 88.61% to 103.70%. The company said that in the first half of the year, the overall industry operation improved, downstream customer demand grew, and operating revenue was approximately 1.56 billion yuan, an increase of about 38% over the same period last year. The industrial automation business benefited from the recovery of the knitting industry and downstream equipment renewal demand, while the IC distribution business also achieved rapid growth due to the upward cycle of the global semiconductor industry. In the first quarter of 2026, the company achieved revenue of 695 million yuan and net profit attributable to the parent of 34.51 million yuan.
Fujian Raynen Tech Co LtdCompany forecasts 82.65%-96.70% net profit growth for H1 2026, driven by industry recovery and demand growth.