HuaWang Technology disclosed its 2026 semi-annual report on August 27. In the first half, it achieved total operating revenue of 1.457 billion yuan, down 10.42% year-on-year; net profit attributable to the parent company was 131 million yuan, down 15.66% year-on-year; and non-GAAP net profit was 111 million yuan, down 27.67% year-on-year. The company plans to distribute a cash dividend of 2 yuan, tax included, for every 10 shares to all shareholders. Net cash flow from operating activities was 145 million yuan, up 31.82% year-on-year. As of the end of the first half, the company's inventory book value was 813 million yuan, accounting for 20.74% of net assets.
Hangzhou Huawang New Material Technology Co.Ltd.Net profit fell 15.66% year-on-year, with revenue down 10.42%.
