Inventronics Hangzhou Inc

Inventronics released its 2026 interim report, posting a first-half net profit attributable to the parent of 21.55 million yuan, swinging from a loss to a profit year on year. Operating revenue was 1.15 billion yuan, up 3.4 percent from a year earlier. In the same period last year, net profit attributable to the parent was a loss of 42.36 million yuan, and net profit attributable to the parent after deducting non-recurring items was a loss of 42.95 million yuan. This year, net profit attributable to the parent after deducting non-recurring items came in at 1.53 million yuan. Second-quarter operating revenue was 519 million yuan, down 4.7 percent year on year, while net profit attributable to the parent was 13.14 million yuan, compared with a loss of 45.15 million yuan a year earlier. The company continues to focus on the research, development, production and sales of LED lighting supporting products such as LED drivers, sensors, control systems and LED modules.

On the evening of July 31, several listed companies on the Shanghai and Shenzhen stock exchanges issued important positive announcements. Mentech Optical & Magnetic plans to issue shares to specific investors to raise no more than 1.283 billion yuan for projects including intelligent manufacturing of high-speed optical modules. Hongqiao Holdings plans a private placement to raise up to 12 billion yuan for wind power, photovoltaic, and aluminum deep processing projects. GigaDevice plans to repurchase shares worth 1 billion to 2 billion yuan and cancel them to reduce registered capital. Fullhan Microelectronics expects its net profit attributable to the parent company in the first half of 2026 to increase by 1,072.72% to 1,420.19% year-on-year. China National Nuclear Power's Liaoning Zhuanghe nuclear power project Units 1 and 2, and Zhejiang Jinqimen nuclear power project Units 3 and 4, have been approved by the State Council executive meeting. In addition, Southern Network Technology plans to acquire 100% equity of Yueneng Power for 445 million yuan, Shanghai Shineway plans to invest in the industrialization project of solid-liquid hybrid battery cells and solid electrolyte powder, and Inventronics announced that starting September 1, prices of some products will be raised by about 5% to 15% overall.

Inventronics announced plans to jointly invest 30 million yuan with Hangzhou Senhu Holdings to establish a joint venture, with Inventronics contributing 15.3 million yuan from its own funds, accounting for 51% of the joint venture's registered capital. The joint venture will focus on new quality productive forces and actively expand power solutions for data center application scenarios.