Ningbo Kangqiang Electronics Co Ltd

Kangqiang Electronics released its 2026 interim report. Operating revenue was 1.53 billion yuan, up 57.1% year on year. Net profit attributable to the parent was 63.32 million yuan, up 6.4% year on year. Net profit attributable to the parent after deducting non-recurring items was 66.07 million yuan, up 77.0% year on year. Net operating cash flow was negative 301 million yuan, down 331.7% year on year. Fully diluted earnings per share was 0.1687 yuan. In the second quarter, operating revenue was 870 million yuan, up 63.6% year on year. Net profit attributable to the parent was 37.85 million yuan, up 12.8% year on year. Net profit attributable to the parent after deducting non-recurring items was 43.26 million yuan, up 47.5% year on year. Earnings per share was 0.1009 yuan. As of the end of the second quarter, total assets were 3.017 billion yuan, up 15.5% from the end of the previous year. Net assets attributable to the parent were 1.439 billion yuan, up 4.8% from the end of the previous year. The company noted in the report that its main business operations have not undergone major changes. It continues to focus on the production and sales of semiconductor packaging materials, lead frames and bonding wire. Global semiconductor sales continue to rise, and the industry as a whole remains in a highly prosperous state. The company's domestic substitution in the high-end sector continues to advance, and market demand is strong.

Kangqiang Electronics announced that as of July 29, 2026, the company had repurchased 4.02 million shares, representing 1.07% of total share capital, with a total repurchase amount of 87.52 million yuan, at a price range of 20.17 yuan to 22.71 yuan per share. In addition, in the first quarter of 2026, the company achieved revenue of 656 million yuan and net profit attributable to the parent company of 25.47 million yuan.

Kangqiang Electronics disclosed its first buyback of 2.44 million shares, accounting for 0.65% of the company's total share capital, with a total transaction amount of 53.51 million yuan. The buyback price range was 21.56 yuan to 22.6 yuan per share. In the first quarter of 2026, the company achieved revenue of 656 million yuan and net profit attributable to the parent company of 25.47 million yuan.