Zhongchen Cable Co., Ltd. released its first-half 2026 results on the evening of August 26. During the reporting period, it achieved operating revenue of 1.862 billion yuan, up 25.62 percent year on year; net profit attributable to the parent company was 25.6562 million yuan, up 41.82 percent; and non-GAAP net profit was 13.522 million yuan, up 42.37 percent. Profit growth was significantly faster than revenue growth. Basic earnings per share were 0.05 yuan, up 25 percent, and the weighted average return on equity was 1.21 percent, up 0.13 percentage points from the same period last year. Total assets reached 4.482 billion yuan, up 5.64 percent from the end of last year. The company continues to deepen its presence in the wire and cable and cable accessories sector. Its core customers include State Grid, China Southern Power Grid, and provincial, municipal, and county power companies under the two grids. Its products are used in the national power transmission backbone network, urban and rural distribution networks, and rural grid construction and upgrading. As of the end of the reporting period, the total number of ordinary shareholders was 22,810, and the controlling shareholder Zhongchen Holdings Co., Ltd. held 38.21 percent of the shares.
Sinostar Cable Co. Ltd.First-half revenue and net profit grew strongly, with profit growth outpacing revenue.
