Shenzhen Huaqiang released its 2026 half-year report, with first-half net profit attributable to the parent of 391 million yuan, up 66.1% year on year. Operating revenue was 17.75 billion yuan, up 60.7% year on year; non-GAAP net profit attributable to the parent was 400 million yuan, up 85.2% year on year; net operating cash flow was negative 798 million yuan, down 199.7% year on year. In the second quarter, operating revenue was 10.05 billion yuan, up 72.7% year on year, and net profit attributable to the parent was 191 million yuan, up 46.5% year on year. As of the end of the second quarter, total assets were 20.484 billion yuan, up 11.4% from the end of the previous year; net assets attributable to the parent were 6.9 billion yuan, up 2.5% from the end of the previous year. The company continued to advance across business segments including authorized distribution of electronic components, long-tail spot procurement, and AI computing power integrated services, with storage product line revenue growing significantly, while AI computing power integrated services still account for a small share but hold considerable potential.
Shenzhen Huaqiang Industry Co LtdFirst-half net profit attributable to parent rose 66.1% YoY to 391 million yuan on 60.7% revenue growth.
