Zhejiang He Chuan Technology Corp. Ltd. A

The review status of Hechuan Technology's non-public offering of shares has been changed to submitted for registration. The company plans to issue shares to specific investors this time, with the number of shares not exceeding 6.8408 million, and expects to raise 220 million yuan. The sponsor for this offering is Guotai Haitong Securities Co., Ltd.

Hochuan Technology disclosed its 2026 semi-annual report on August 28. In the first half of the year, it achieved total operating revenue of 699 million yuan, up 37.42 percent year on year, and net profit attributable to the parent of 22.6985 million yuan, reversing a loss from the same period last year. Non-recurring net profit was 13.1951 million yuan, also reversing a loss, while net cash flow from operating activities was 35.9819 million yuan, down 2.36 percent year on year. During the reporting period, the company's basic earnings per share were 0.16 yuan, and its weighted average return on equity was 1.85 percent, up 5.06 percentage points year on year. The company mainly produces servo systems and PLCs. As of the end of the first half, its inventory book value was 476 million yuan, accounting for 38.36 percent of net assets.