Hengwei Technology released its 2026 interim report. Net profit attributable to the parent in the first half was 22.07 million yuan, up 23.9% year-on-year, but operating revenue was 430 million yuan, down 12.1% year-on-year. Second-quarter operating revenue was 251 million yuan, down 30.9% year-on-year, and net profit attributable to the parent was 16.25 million yuan, down 36.8% year-on-year. The company's main businesses include network visualization and intelligent system platforms. Network visualization revenue was 191 million yuan, down 27.18% year-on-year, mainly due to delays in carrier centralized procurement projects. Intelligent system platform revenue was 238 million yuan, up 5.16% year-on-year, driven by sales growth in network security hardware platforms.
EmbedWay Tech(Shanghai)CorpH1 net profit up 23.9% but revenue down 12.1%; Q2 revenue and profit fell sharply, with network visualization revenue down 27.18% due to carrier project delays.
