Weigang Technology disclosed an earnings forecast, expecting net profit attributable to the parent of 150 million to 175 million yuan in the first half of 2026, a year-on-year increase of 193% to 242%. Deducted non-recurring net profit is expected to be 62 million to 75 million yuan, up 24% to 49% year-on-year. The sharp rise in earnings mainly stems from non-recurring gains: the company previously sold its entire stake in Hengsuo Huawei Electronics and received convertible corporate bonds of Huahai Chengke, and during the forecast period the secondary market price of Huahai Chengke surged, leading to an increase in fair value change gains recognized on other non-current financial assets of approximately 100 million to 120 million yuan.
Zhejiang Weigang Technology Co. Ltd. AEarnings forecast shows large net profit increase driven by non-recurring gains from fair value changes on Huahai Chengke convertible bonds.
Jiangsu HHCK Advanced Materials Co. Ltd. A