Jiangsu Huachang Chemical Co Ltd

Huachang Chemical has released its 2026 semi-annual report. Net profit attributable to shareholders of the listed company reached 123 million yuan, a year-on-year increase of 1026.9%. Operating revenue for the same period came to 4.016 billion yuan, up 24.85% year on year. The company plans no cash dividend, no bonus shares, and no conversion of capital reserve into share capital. Second-quarter net profit was 75 million yuan, up 54% quarter on quarter.

Dong-E E-Jiao disclosed that first-half net profit rose 5.66% year on year, and it plans to distribute a cash dividend of 13.44 yuan for every 10 shares to all shareholders, with total payout expected to reach 860 million yuan. On the same day, Tuojing Technology, Huachang Chemical, Three Gorges Water Conservancy, Yongmaotai, Sanfu Shares, China Jushi, CITIC Securities, Xiamen Tungsten, and Hunan Gold also released first-half results. Among them, Tuojing Technology's net profit surged 1,324% year on year, Huachang Chemical rose 1,026.9%, and Three Gorges Water Conservancy increased 688.61%. China Telecom's first-half net profit fell 14.9% year on year, while Xinhua Department Store announced plans to buy back shares worth 200 million to 400 million yuan.

As of 5 p.m. on August 20, 498 companies listed on the Shenzhen Stock Exchange had released their 2026 half-year reports. Among them, 313 companies posted year-on-year profit growth in the first half, accounting for more than 60 percent. A total of 157 companies saw growth of more than 50 percent, and 112 companies more than doubled their earnings. The sectors with high growth were mainly concentrated in five areas: basic chemicals, power equipment, electronics, machinery equipment, and nonferrous metals. In basic chemicals, Do-Fluoride New Materials reported net profit attributable to shareholders of 512 million yuan in the first half, up 897.19 percent year on year. Huachang Chemical posted net profit of 123 million yuan, up 1,026.90 percent. Hebang Biotechnology reported net profit of 380 million yuan, up 634.30 percent. In power equipment, CATL posted net profit attributable to shareholders of 43.28 billion yuan in the first half, up 42.0 percent year on year. In electronics, Yunhan Xin Cheng achieved operating revenue of 2.746 billion yuan, up 90.66 percent, with net profit attributable to shareholders of 166 million yuan. In nonferrous metals, Tin Industry Company achieved operating revenue of 31.573 billion yuan, up 49.68 percent, and net profit attributable to shareholders of 1.504 billion yuan, up 41.60 percent. In machinery equipment, Ding Tai High-Tech achieved operating revenue of 1.943 billion yuan, up 114.85 percent, and net profit attributable to shareholders of 679 million yuan, up 325.12 percent. Industry insiders noted that the overall performance of Shenzhen-listed companies that have disclosed half-year reports is improving, and the five major sectors have become concentrated areas of high profit growth, reflecting a positive trend of recovery in the real economy's industrial cycle and continuously strengthening momentum in emerging industries.

Tuojing Technology disclosed its 2026 semi-annual report on the evening of August 20. In the first half, it achieved operating revenue of 2.913 billion yuan, up about 49.06% year on year, and net profit attributable to shareholders of the listed company of 1.343 billion yuan, up 1,324.10% year on year. The company plans to distribute a cash dividend of 0.35 yuan per 10 shares, tax included, with no conversion of capital reserve into share capital and no bonus shares. Tuojing Technology said that as of the end of the reporting period, its order backlog was full, which can provide solid support for full-year delivery and performance growth. On the same evening, semi-annual reports disclosed by Jiangtian Chemical, Huachang Chemical, Tinci Materials, and Three Gorges Water Conservancy also showed substantial net profit growth. Among them, Jiangtian Chemical's net profit rose 22,955.37% year on year, Huachang Chemical's net profit attributable to the parent rose 1,026.9%, Tinci Materials' net profit attributable to the parent rose 967.91%, and Three Gorges Water Conservancy's net profit attributable to the parent rose 688.61%.

Huachang Chemical disclosed its earnings forecast, expecting net profit attributable to shareholders of the listed company in the first half of 2026 to be approximately 123 million yuan, a year-on-year increase of 1025.93%. During the reporting period, product sales prices generally rose compared with the same period last year, while the commissioning of the polyol project drove an increase in sales volume.

On July 8, several A-share companies disclosed their earnings forecasts, with many expecting their first-half net profit attributable to the parent company to multiply. SDG Information expects net profit attributable to the parent company to be between 55 million and 71 million yuan, a year-on-year increase of 881.42% to 1,166.93%, mainly due to the completion and acceptance of new computer construction projects in the smart services segment. Huachang Chemical expects net profit attributable to the parent company to be approximately 123 million yuan, up 1,025.93% year-on-year, benefiting from higher product sales prices and the commissioning of a polyol project. Guide Infrared expects net profit to be between 1.27 billion and 1.45 billion yuan, a year-on-year increase of 601.93% to 701.41%, driven by continued delivery of model project products and growth in the civilian infrared chip business. Tianfeng Securities expects net profit attributable to the parent company to be between 164 million and 246 million yuan, up 429.03% to 693.55% year-on-year, with increases in brokerage commission income and proprietary investment gains. Tianjin Printronics expects net profit attributable to the parent company to be between 36 million and 52 million yuan, a year-on-year increase of 435.64% to 673.71%, with sufficient orders on hand and capacity release at Taihe Circuit Technology. Haisco Pharmaceutical expects net profit attributable to the parent company to be between 790 million and 870 million yuan, up 513.25% to 575.35% year-on-year, with rapid growth in innovative drug sales and receipt of upfront payments for product out-licensing. Yachuang Electronics expects net profit attributable to the parent company to be between 220 million and 270 million yuan, a year-on-year increase of 439% to 561.49%, as the automotive electronics business improves and benefits from strategic cooperation in storage and passive components. Baoding Technology expects net profit attributable to the parent company to be between 125 million and 145 million yuan, up 468.71% to 559.71% year-on-year, with subsidiary Jinbao Electronics turning around its copper clad laminate and copper foil business, and Hexi Gold Mine benefiting from high gold prices. Xinxiang Chemical Fiber expects net profit attributable to the parent company to be between 300 million and 400 million yuan, a year-on-year increase of 378.09% to 537.45%, with higher sales volumes and gross margins for biomass cellulose filament and spandex fibers. Maxvision Technology expects net profit attributable to the parent company to be between 105 million and 135 million yuan, up 336.02% to 460.59% year-on-year, as computing power-related business begins to recognize revenue and becomes a new growth driver. Cangzhou Dahua expects net profit attributable to the parent company to be around 101 million yuan, an increase of about 330.75% year-on-year, with a significant rise in TDI market prices and increased market share for specialty PC.

On the evening of July 8, a number of A-share listed companies disclosed their 2026 first-half earnings forecasts, with many reporting explosive growth. Among them, SDG Information expects net profit to rise by more than 11 times. The chemical sector is firing on all cylinders: Huachang Chemical forecasts a more than 10-fold increase; Cangzhou Dahua expects net profit of about 100 million yuan, up roughly 330.75 percent year-on-year; Dynamic Chemicals projects net profit between 95 million and 100 million yuan, an increase of 98.26 to 108.7 percent; and Xinxiang Chemical Fiber anticipates a profit of 300 million to 400 million yuan, up 378.09 to 537.45 percent. The electronics sector also continues its high-growth trend: Yachuang Electronics expects net profit of 220 million to 270 million yuan, a jump of 439 to 561.49 percent; Tianjin Printronics forecasts net profit of 36 million to 52 million yuan, surging 435.64 to 673.71 percent; Ben Chuan Intelligent projects net profit of 32 million to 48 million yuan, up 49.12 to 123.68 percent; and Baoding Technology expects net profit of 120 million to 145 million yuan, an increase of 468.71 to 559.71 percent. In addition, Maxvision Technology forecasts net profit of 105 million to 135 million yuan, up 336.02 to 460.59 percent; Jingxing Paper expects net profit of 130 million to 160 million yuan, rising 136.22 to 190.73 percent; and Teway Food Group projects net profit of 373 million to 389 million yuan, an increase of 96.43 to 104.45 percent.

Several listed companies on the Shanghai and Shenzhen stock exchanges issued important announcements on the evening of July 8. Tianhao Energy plans to acquire 100% equity of Tianhao New Energy, with shares resuming trading on the 9th. Hunan Gold plans to issue shares to acquire Gold Tianyue and Central South Smelting at a valuation of 4.334 billion yuan. Huahong Grace's purchase of 97.4988% equity of Huali Microelectronics and the associated fundraising plan have received approval for registration. In terms of earnings forecasts, BOE Technology expects first-half net profit to grow 54% to 69% year-on-year, Maxvision Technology expects growth of 336.02% to 460.59%, Haisco Pharmaceutical expects growth of 513.25% to 575.35%, and Huachang Chemical expects growth of 1025.93%. Additionally, Jingang Photovoltaic's controlling shareholder plans to increase its stake in the company by no less than 100 million yuan, and China Nerin Engineering signed an overseas project design and supply framework agreement contract worth approximately 1.123 billion yuan.