Chengzhi Shareholding Co LtdNet profit forecast to surge 1,259%-1,573% YoY, driven by clean energy and new chemical materials businesses.

Chengzhi Shareholding disclosed its earnings forecast, estimating net profit attributable to the parent company for the first half of 2026 at 260 million to 320 million yuan, representing a year-on-year increase of 1,259.43% to 1,573.15%. The company's two core business segments saw coordinated improvement on the profit side. The clean energy business, driven by the international situation and the crude oil market, saw significant price increases for its core products starting from March 2026, leading to a substantial boost in profitability and contributing the main incremental performance. The new chemical materials business recorded steady growth in production and sales of liquid crystal display materials, with profitability continuing to improve.
Chengzhi Shareholding Co LtdNet profit forecast to surge 1,259%-1,573% YoY, driven by clean energy and new chemical materials businesses.