Hunan Sokan New Materials Co. Ltd. AQ2 returned to profit and passenger vehicle business grew nearly 40%, improving outlook.

Songjing Shares disclosed its 2026 semi-annual report on the evening of August 28. In the first half of the year, it achieved operating revenue of 332 million yuan, down 4.49% year on year, and net profit attributable to shareholders of the listed company was negative 5.0035 million yuan, turning from profit to loss. However, second-quarter operations improved markedly, with operating revenue of 207 million yuan, up 6.45% year on year and 65.59% quarter on quarter, and net profit of 1.8349 million yuan, returning to profit from the first-quarter loss. In the first half, passenger vehicle business revenue was 136 million yuan, up 38.88% year on year, with its revenue share rising from 28.15% to 40.93%, becoming an important growth source. High-end consumer electronics business revenue was 187 million yuan, down 23.11% year on year, with its share falling to 56.42%. The company's new energy battery and other businesses began contributing revenue, achieving 7.6642 million yuan in the first half, and it signed a single contract worth about 30 million yuan for cell insulation UV inkjet printing equipment. The company's overall gross margin was 39.51%, down 3.12 percentage points year on year, and research and development investment was 55.6016 million yuan, up 9.20% year on year.
Hunan Sokan New Materials Co. Ltd. AQ2 returned to profit and passenger vehicle business grew nearly 40%, improving outlook.