Biwin Storage Technology Co., Ltd. (688525.SH) reported a first-half 2026 net profit attributable to shareholders of RMB 7.166 billion, reversing from a loss of RMB 226 million in the same period last year. Revenue surged 298.1% year-on-year to RMB 15.575 billion.
The company attributed the turnaround to the rapid ramp-up of AI glasses, with deepening collaboration with key clients such as Meta, driving sustained growth in its smart wearable storage segment. AI-enabled edge storage product revenue reached approximately RMB 2.86 billion in H1 2026, up 433.58% year-on-year and 126.98% sequentially. R&D expenses rose 26.01% to RMB 343 million as the company boosted investment in solution development, chip design, advanced packaging, and testing equipment. Share-based payment expenses totaled RMB 90.6374 million, while non-recurring items contributed RMB 533 million to net profit.
Suiyuan Technology plans to issue 43.0352 million shares in its initial public offering on the STAR Market, representing 10% of post-issuance total share capital of 430 million shares. The offering combines strategic placement, offline placement, and online subscription, with initial strategic placement of 8.6070 million shares, offline placement of 27.5426 million shares, and online placement of 6.8855 million shares. Preliminary inquiry is scheduled for August 28, with online and offline subscription on September 2. The company has not yet achieved profitability and would be classified under the sci-tech innovation growth tier if still loss-making at listing. CITIC Securities serves as sponsor, with Guotai Haitan Securities and GF Securities as co-lead underwriters.
Eoptolink Technology posted H1 2026 revenue of RMB 20.91 billion, up 100.34% year-on-year, with net profit attributable to shareholders of RMB 7.529 billion, up 90.98% from RMB 3.942 billion a year earlier. Non-GAAP net profit rose 90.92% to RMB 7.511 billion.
Ganfeng Lithium announced that Ganfeng International and LAR have signed a series of definitive key agreements to jointly develop the PPGS lithium salt lake project, consolidating it under Millennial. Post-integration, Ganfeng International and LAR will hold 67% and 33% of Millennial respectively. The project plans three phases with total designed capacity of 150,000 tonnes of lithium carbonate equivalent annually. Integration is expected to complete by end of Q3 2026, with RIGI approval targeted before year-end.
BOWay New Material reported H1 2026 net profit of RMB 170 million, up 1,911.6% year-on-year, on revenue of RMB 745 million, up 88.33%. Non-GAAP net profit surged 19,369.88% to RMB 162 million.
Zhangyuan Tungsten posted H1 2026 net profit of RMB 688 million, up 497.38% year-on-year, with revenue of RMB 5.847 billion, up 143.71%. Non-GAAP net profit climbed 538.02% to RMB 682 million.
Huaxi Securities reported H1 2026 net profit of RMB 972 million, up 89.71% year-on-year, on total operating revenue of RMB 2.712 billion, up 30.82%. Non-GAAP net profit rose 90.92% to RMB 965 million. The company proposed a cash dividend of RMB 0.76 per 10 shares (pre-tax).
Western Region Gold posted H1 2026 net profit of RMB 547 million, up 315.67% year-on-year, on revenue of RMB 11.043 billion, up 119.62%. Non-GAAP net profit increased 202.69% to RMB 543 million. The company proposed a cash dividend of RMB 0.50 per 10 shares (pre-tax), totaling RMB 45.55 million.
Yechiu Metal reported H1 2026 net profit of RMB 225 million, up 667.13% year-on-year, on revenue of RMB 4.033 billion, up 12.62%. Non-GAAP net profit rose 576.01% to RMB 222 million.
Xin'an Chemical posted H1 2026 net profit of RMB 254 million, up 268.03% year-on-year, on revenue of RMB 8.563 billion, up 6.26%. Non-GAAP net profit was RMB 211 million, versus a loss of RMB 23.92 million a year earlier.
Dalian Insulator reported H1 2026 net profit of RMB 155 million, up 232.18% year-on-year, on revenue of RMB 864 million, up 48.59%. Non-GAAP net profit rose 258.01% to RMB 146 million. The company proposed a cash dividend of RMB 0.36 per 10 shares (pre-tax).
Far East Smarter Energy's subsidiary Far East Electric plans to acquire 80% of Huizhou Fudiwangwang Industrial for RMB 216 million in cash. The target company specializes in liquid cooling heat dissipation core components and related thermal management products. The acquisition aims to enhance the company's liquid cooling R&D and industrial delivery capabilities, creating a closed loop of power supply, interconnection, and heat dissipation infrastructure. The seller guarantees net profits of no less than RMB 25 million, RMB 30 million, and RMB 35 million for 2026-2028 respectively.
Hisun Biomaterial reported H1 2026 net profit of RMB 20.92 million, up 557.61% year-on-year, on revenue of RMB 606 million, up 48.53%. Non-GAAP net profit rose 771.86% to RMB 20.45 million.
AVIC Xi'an Aircraft is planning a private placement of A-shares to fund military and civil aircraft development, capacity expansion, after-sales services, international subcontracting capacity, and aerospace composite and metal structure production capabilities. The issuance will not change its controlling shareholder or actual controller. The plan is subject to board and shareholder approval, state-owned asset regulatory approval, and Shenzhen Stock Exchange review.
Dahongli reported H1 2026 net profit of RMB 28.63 million, up 217.47% year-on-year, on revenue of RMB 220 million, up 21.81%. Non-GAAP net profit rose 299.33% to RMB 25.36 million. No dividend distribution is planned.
Rongsheng Petrochemical posted H1 2026 net profit of RMB 5.111 billion, up 748.83% year-on-year, despite revenue declining 12.93% to RMB 129.407 billion. Non-GAAP net profit rose 607.79% to RMB 5.344 billion. Subsidiary Ningbo Zhongjin Petrochemical plans to apply for up to RMB 400 million in customs bond insurance, with the company providing joint liability guarantees.
Emdoor Information reported H1 2026 net profit of RMB 196 million, up 1,614.8% year-on-year, on revenue of RMB 2.746 billion, up 80.68%. Non-GAAP net profit rose 756.32% to RMB 103 million. No dividend distribution is planned.
Sinomine Resource posted H1 2026 net profit of RMB 1.111 billion, up 1,146.81% year-on-year, on revenue of RMB 3.66 billion, up 12.03%. Non-GAAP net profit surged 14,338.69% to RMB 1.083 billion. No dividend distribution is planned.
Songfa reported H1 2026 net profit of RMB 3.609 billion, up 457.67% year-on-year, on revenue of RMB 23.504 billion, up 251.87%. Non-GAAP net profit rose 2,935.31% to RMB 3.514 billion.
Hainan Airlines posted H1 2026 net profit of RMB 270 million, up 374.43% year-on-year, on revenue of RMB 35.517 billion, up 7.36%. Non-GAAP net profit was RMB 29.21 million, versus a loss of RMB 52.19 million a year earlier.
Yunnan Energy New Material reported H1 2026 net profit of RMB 820 million, swinging from a loss of RMB 93.11 million a year earlier, on revenue of RMB 8.671 billion, up 50.47%. Non-GAAP net profit was RMB 849 million. The company proposed a cash dividend of RMB 4.1 per 10 shares (pre-tax).
Envicool reported H1 2026 net profit of RMB 185 million, down 14.32% year-on-year, on revenue of RMB 3.017 billion, up 17.24%. Non-GAAP net profit declined 13.22% to RMB 175 million. No dividend distribution is planned.
Alpha Group reported H1 2026 net profit of RMB 174 million, up 370.7% year-on-year, on revenue of RMB 1.332 billion, up 11.13%. Non-GAAP net profit rose 55.80% to RMB 51.26 million. As of June 30, 2026, the company had repurchased 7.0731 million shares, representing 0.4783% of total share capital.
Jiuan Medical reported H1 2026 net profit of RMB 3.07 billion, up 233.66% year-on-year, despite revenue declining 30.58% to RMB 531 million. Non-GAAP net profit rose 245.17% to RMB 3.04 billion. No dividend distribution is planned.
Yongxing Special Materials posted H1 2026 net profit of RMB 959 million, up 139.24% year-on-year, on revenue of RMB 5.083 billion, up 37.62%. Non-GAAP net profit rose 179.77% to RMB 913 million.
Hainan Mining reported H1 2026 net profit of RMB 514 million, up 83.39% year-on-year, on revenue of RMB 2.719 billion, up 12.58%. Non-GAAP net profit rose 70.14% to RMB 422 million. The company proposed a cash dividend of RMB 0.80 per 10 shares (pre-tax).
Visual China posted H1 2026 net profit of RMB 101 million, up 130.96% year-on-year, despite revenue declining 7.33% to RMB 370 million. Non-GAAP net profit fell 17.31% to RMB 34.52 million.
Sichuan New Energy Power reported H1 2026 net profit of RMB 706 million, up 130.73% year-on-year, on revenue of RMB 3.34 billion, up 124.78%. Non-GAAP net profit rose 134.67% to RMB 696 million. The company proposed a cash dividend of RMB 2.6 per 10 shares (pre-tax).
Jia Yuan Technology posted H1 2026 net profit of RMB 382 million, up 940% year-on-year, on revenue of RMB 7.513 billion, up 89.57%. Non-GAAP net profit surged 1,652.99% to RMB 182 million. Total assets reached RMB 15.703 billion at period-end, up 6.61% from year-end 2025.
Bright Power Semiconductor reported H1 2026 net profit of RMB 86.55 million, up 449.09% year-on-year, on revenue of RMB 1.452 billion, up 98.54%. Non-GAAP net profit rose 516.47% to RMB 77.45 million.
King Long Motor posted H1 2026 net profit of RMB 276 million, up 137.58% year-on-year, on revenue of RMB 11.085 billion, up 7.34%. Non-GAAP net profit surged 1,472.77% to RMB 194 million. The company proposed a cash dividend of RMB 0.15 per 10 shares (pre-tax), totaling RMB 10.76 million.
Sheng Tai Group reported H1 2026 net profit of RMB 160 million, up 413.47% year-on-year, on revenue of RMB 1.797 billion, up 0.56%. Non-GAAP net profit declined 59.89% to RMB 11.10 million. Net assets attributable to shareholders reached RMB 2.513 billion at period-end.
Oxiran Chemicals reported H1 2026 net profit of RMB 61.54 million, up 4,621.13% year-on-year, on revenue of RMB 2.295 billion, up 12.41%. Non-GAAP net profit was RMB 31.9965 million, versus a loss of RMB 34.52 million a year earlier. No dividend distribution is planned.
Dingjide posted H1 2026 net profit of RMB 43.58 million, up 931.10% year-on-year, on revenue of RMB 704 million, up 60.51%. Non-GAAP net profit surged 1,339.77% to RMB 42.67 million. No profit distribution or capital reserve conversion is planned.
Hua Hong Technology reported H1 2026 net profit of RMB 343 million, up 330.3% year-on-year, on revenue of RMB 5.596 billion, up 77.13%. Non-GAAP net profit rose 473.03% to RMB 341 million. No dividend distribution is planned.
Ruisheng Intelligent posted H1 2026 net profit of RMB 26.52 million, up 609.31% year-on-year, on revenue of RMB 279 million, up 50.84%. Non-GAAP net profit surged 1,053.40% to RMB 25.61 million.
CIG reported H1 2026 net profit of RMB 328 million, up 171.08% year-on-year, on revenue of RMB 2.705 billion, up 32.92%. Non-GAAP net profit rose 168.42% to RMB 319 million. The company proposed a cash dividend of RMB 0.09 per share (pre-tax), totaling RMB 33.14 million.
Chongqing Port posted H1 2026 net profit of RMB 24.67 million, up 333.86% year-on-year, despite revenue declining 9.94% to RMB 2.031 billion. Non-GAAP net profit surged 1,860.47% to RMB 20.24 million.
Additional H1 earnings highlights: Qifan Cable net profit up 20.02%; Bowell Alloys down 41.66%; Forest Packaging down 73.68%; Jianlong Weina down 22.61%; Haixin Food narrowed loss to RMB 14.70 million; Huiyuan Communication swung to a loss of RMB 8.58 million; Dongjing Electronics narrowed loss to RMB 15.82 million; Jinzhi Group down 12.18%; Jinhe down 69.71%; Derma down 16.36%; Jiangnan High Fiber up 20.21%; GuanShi Technology widened loss to RMB 46.01 million; Tianmu Lake down 29.94%; ST Huarui widened loss to RMB 44.86 million; Junxin up 6.89%; Yuean Advanced Materials down 4.16%; Oriental Pearl up 22.65%; Veken Technology narrowed loss to RMB 37.28 million; Furui Medical up 23.12%; Yantai Tayho up 135.31%; KTC down 18.08%; Xiantan up 31.97%; Baowu Magnesium swung to a loss of RMB 18.35 million; Saint Long swung to profit; Tianqin Equipment down 45.12%; Caidi Industrial down 43.61%; Guorui Technology down 16.20%; Guansheng down 22.33%; Gongdong Medical up 8.63%; Zhongchong Pet down 37.63%; Haima Automobile widened loss to RMB 97.36 million; Mingyue Optical up 16.30%; Shanke Intelligent down 63.11%; Shennong Group swung to a loss of RMB 809 million; Haichang New Materials up 42.97%; Minbao Optoelectronics down 48.24%; ST Hongda swung to profit; Hengdi Pharma up 62.48%; Silicon Power swung to a loss; Yangdian Technology up 43.62%; Shilong Industry up 146.19%; ST Nengte down 73.61%; Jinjing Technology widened loss to RMB 313 million; McAudi up 20.44%; Mechanical Seal up 17.51%; Wuxi Jinghai up 10.49%; La Fang up 484.49%; Langsha down 17.54%; Tongcheng Travel adjusted net profit up 14.6%; Lanhua Sci-Tech up 44.60%; ConST up 38.58%; Beijing Beilu up 166.13%; Sanquan Food up 16.48%; Dongfeng Technology up 107.49%; Proya up 46.26%; Qingshan Textile up 127.56%; Yaowang Technology swung to profit; Remegen swung to profit of RMB 4.662 billion; Bestore swung to profit; Jiugui Liquor up 37.57%.
Stock movement risk alerts: Nan Da Environmental flagged abnormal trading with cumulative price deviation exceeding 30%. ST Jinglan applied to lift other risk warnings on August 24. Xinghui removed from dishonest debtor list. ST Changyuan lifts other risk warnings and resumes trading August 26. Chuanfa Longmang waived priority subscription rights in Fengchao Cayman, expecting a loss of approximately RMB 560 million. *ST Mubang subsidiary required to return RMB 240 million in support funds, expected to materially impact financials.
Buybacks and share changes: Yangtze Power saw China Three Gorges increase stake by 0.66%, completing the plan. Far East subsidiary to acquire 80% of Fudiwangwang. Zongyi saw Hai'an Ruihai reduce 12.5 million shares. Taihao Technology saw Taihao Group complete stake reduction of 3.00%. Shilong Industry plans to repurchase RMB 30-60 million shares. Shunhao H1 net profit down 4.71%. Lepu Medical saw Pu Zhongjie increase 853,700 shares. Jiachuang Vision confirmed 5.0017% stake transfer. Chongde Technology terminated acquisition of Germany's Levicron 100% stake. Yongmaotai first repurchase of 289,100 shares at RMB 13.33-13.55 per share. Huaxin Technology repurchased 3.1752 million shares for RMB 61.75 million. Jiangte Motor signed capital increase agreement to restructure 85.3038% equity. Bide Pharma shareholders plan to reduce up to 0.49%. Construction Machinery plans share issuance and cash to acquire 100% of Pucheng Clean Energy Chemical. Zhenyou Technology Wu Minhua plans to increase stake by RMB 15-30 million. Dongcheng Pharma's Andike to acquire two companies' 100% stakes and sell 45% of Guangdong Huixuan. National Silicon directors and senior management plan to reduce up to 0.0201%. Cathay Biotech sees Shanxi Science City plan to reduce up to 2%. Liba Jiang Dawei plans to reduce up to 3%. Hongfuhan obtained RMB 40 million stock repurchase special loan commitment. SF Holding plans to increase capital in Fengchao Holdings by up to RMB 305 million. Oriental Pearl plans to increase subsidiary capital by RMB 2.5 billion.
Major contracts: Ganfeng Lithium signed key PPGS lithium salt lake integration agreements with LAR. Jinpu Landscape signed RMB 176 million contract termination agreement with Gaoke Construction. United Water consortium won 15-year sewage operation contract package 11. Gangdi Technology subsidiary signed RMB 230 million intelligent control system procurement contract. Ningbo Orient Wires & Cables won projects totaling approximately RMB 2.842 billion. Guocheng Mining subsidiary signed lithium carbonate distribution contract.
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