Zhefu Holding Group Co Ltd

Zhefu Holding disclosed its 2026 half-year report on the evening of August 28. During the reporting period, it achieved operating revenue of 13.44 billion yuan, up 26.28% year on year; net profit attributable to the parent company was 1.356 billion yuan, up 139.45% year on year; and non-GAAP net profit was 1.252 billion yuan, up 194.89% year on year. The company's business is divided into two major segments: hazardous waste resource recovery and clean energy equipment. Revenue from hazardous waste disposal and resource-based products was 12.739 billion yuan, up 27.4% year on year, with gross margin rising to 15.59%; clean energy equipment revenue was 654 million yuan, up 6.32% year on year. The company said it will continue to anchor its clean energy plus environmental protection strategy and deeply explore new areas such as nuclear fusion equipment.

Zhefu Holding released its 2026 semi-annual report on August 28. During the reporting period, the company achieved operating revenue of 13.44 billion yuan, up 26.28% year on year. Net profit attributable to shareholders of the listed company was 1.356 billion yuan, up 139.45% year on year.

Dongfang Shenghong issued a profit forecast, estimating that net profit attributable to shareholders of the listed company for the first half of 2026 will be between 4.2 billion and 5 billion yuan, a year-on-year increase of 987.39% to 1,194.51%. The company said that the supply-demand landscape in the petrochemical and chemical industry has improved, and the upward shift in the central range of international crude oil prices has driven product prices higher, widening the price spread of major products. At the same time, the 16 million tonne per year Shenghong Refining and Chemical Integration Project is running smoothly, and the company has flexibly adjusted its product mix to enhance competitiveness. In addition, Oulide expects first-half net profit of 160 million to 190 million yuan, a year-on-year increase of 492.49% to 603.58%, mainly due to a substantial increase in equipment business revenue. China Merchants Energy Shipping expects first-half net profit of 6.6 billion to 7.3 billion yuan, a year-on-year increase of 214% to 248%, benefiting from a super boom cycle in international tanker shipping and a recovery in the dry bulk market. Tianshan Aluminum expects first-half net profit of 4.2 billion yuan, a year-on-year increase of 101.52%, driven by rising electrolytic aluminum prices and progress in energy efficiency improvement projects. Zhefu Holding expects first-half net profit of 1.25 billion to 1.45 billion yuan, a year-on-year increase of 120.78% to 156.11%, with steady growth in sales of resource-based comprehensive utilization products.

Zhefu Holding has issued an earnings forecast, expecting net profit for the first half of 2026 to be between 1.25 billion and 1.45 billion yuan, representing a year-on-year increase of 120.78% to 156.11%. The company stated that during the reporting period, its core advantages across the entire industrial chain of hazardous waste disposal and comprehensive utilization of renewable resources drove steady operations in related businesses. Market demand for various resource-based comprehensive utilization products was strong, product sales volumes rose steadily, and both operating revenue and profitability achieved substantial growth compared with the same period last year.

Several A-share listed companies have released their first-half 2026 earnings forecasts. Dongfang Shenghong expects net profit attributable to shareholders of 4.2 billion to 5 billion yuan, a year-on-year increase of 987.39% to 1,194.51%, the highest growth rate. Tianshan Aluminum expects net profit of 4.2 billion yuan, up 101.52%, mainly benefiting from higher aluminum prices and integrated cost management. Zhefu Holding expects net profit of 1.25 billion to 1.45 billion yuan, up 120.78% to 156.11%, with steady growth in hazardous waste disposal and renewable resources. China Merchants Energy Shipping expects net profit of 6.6 billion to 7.3 billion yuan, up 214% to 248%, as international tanker shipping enters a super boom cycle. Yongding Co. expects net profit of 500 million to 700 million yuan, up 57% to 120%, driven by volume and price increases in optical communications. Olightek expects net profit of 160 million to 190 million yuan, up 492% to 604%, with a sharp rise in equipment business revenue.