Zhenghe Industrial released its 2026 interim report. First-half net profit attributable to the parent was 70.08 million yuan, down 21.3% year-on-year. Operating revenue was 978 million yuan, up 8.1% year-on-year. Net profit attributable to the parent after deducting non-recurring items was 67.07 million yuan, up 6.0% year-on-year. Net operating cash flow was 73.29 million yuan, down 19.1% year-on-year. Earnings per share were 0.8572 yuan. In the second quarter, operating revenue was 559 million yuan, up 9.6% year-on-year, and net profit attributable to the parent was 37.17 million yuan, up 5.7% year-on-year. As of the end of the second quarter, total assets were 2.653 billion yuan, up 2.7% from the end of the previous year, and net assets attributable to the parent were 1.427 billion yuan, up 2.0% from the end of the previous year. The company said its main business and main products had not undergone major changes. It focuses on the research, development, manufacturing and sales of chain transmission systems, continues to maintain its technological research and development advantages, and cooperates with universities and research institutions to enhance product innovation capabilities.
Qingdao Choho Industrial Co LtdZhenghe Industrial's H1 net profit attributable to parent fell 21.3% year-on-year despite revenue growth, a negative earnings result.
