XiaMen HongXin Electron-tech Co Ltd

China

300657.CS▼

Hongxin Electronics Releases 2026 Interim Report with Net Profit of 124 Million Yuan

Hongxin Electronics released its 2026 interim report, with net profit attributable to the parent company of 124 million yuan. The company's total operating revenue was 3.376 billion yuan, down 3.38% from the same period last year. Net cash flow from operating activities was negative 468 million yuan, a decrease of 416 million yuan compared with the same period last year. The company's latest asset-liability ratio was 78.01%, gross margin was 13.18%, ROE was 7.94%, and diluted earnings per share was 0.26 yuan.

XiaMen HongXin… ▼

300657.CS · Capital · Negative Net profit of 124 million yuan with revenue down 3.38% and negative operating cash flow

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300657.CS▲

Hongxin Electronics' 2026 interim net profit reaches 124 million yuan, up 129.59% year on year

Hongxin Electronics has released its 2026 interim report. Net profit attributable to the parent company was 124 million yuan, up 129.59% from the same period last year, marking a third consecutive year of growth. Total operating revenue was 3.376 billion yuan, down 3.38% year on year. Net cash flow from operating activities was negative 468 million yuan, a decrease of 416 million yuan compared with the same period last year. The company's latest debt-to-asset ratio was 78.01%, down 2.90 percentage points year on year. The latest gross margin was 13.18%, up 1.11 percentage points year on year. The latest return on equity was 7.94%, up 3.50 percentage points year on year. Diluted earnings per share were 0.26 yuan, up 136.36% year on year.

XiaMen HongXin… ▲

300657.CS · Capital · Positive Net profit up 129.59% year on year, marking third consecutive year of growth.

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Artificial Intelligence▲2

Hongxin Electronics sets up new tech company in Wuxi with multiple AI businesses

Hongxin Electronics has established a new technology company in Wuxi, with a business scope covering a range of artificial intelligence operations. According to the Qichacha app, the recently founded Wuxi Suihong Huazi Technology Co., Ltd. has Mao Yan as its legal representative and a registered capital of 20 million yuan. Its business scope includes AI application software development, AI public data platforms, AI basic software development, and AI innovation and entrepreneurship service platforms. The company is wholly owned by Jiangsu Suihong Huachuang Technology Co., Ltd., a subsidiary of Hongxin Electronics.

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Artificial Intelligence

About megatrends

Artificial Intelligence › AI Tooling, Data & MLOps Competition

Artificial Intelligence › AI Applications & Copilots Competition

江苏燧弘华创科技有限公司 · Technology · Positive Wholly owned subsidiary of Hongxin Electronics, directly set up to operate AI businesses.

300657.CS · Technology · Positive Establishes a new AI-focused subsidiary, expanding into AI software and platforms.

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300657.CS

Hongxin Electronics' controlling shareholder Hongxin Venture releases pledge on 3.01 million shares

Hongxin Electronics announced that its controlling shareholder, Hongxin Venture Industrial Investment Group, completed the release of a pledge on part of its shares on July 20, 2026. The number of shares released from pledge is 3.01 million, accounting for 3.58% of its holdings and 0.62% of the company's total share capital. The pledgee is Chongqing International Trust. As of the announcement date, Hongxin Venture holds 84.1853 million shares of the company, representing 17.46% of the total share capital. After this release, Hongxin Venture has a cumulative pledged share count of 34.3293 million shares, accounting for 40.78% of its holdings and 7.12% of the company's total share capital. The company stated that the pledged shares of the controlling shareholder currently do not pose a risk of forced liquidation, will not affect the company's production, operations, or corporate governance, and will not lead to a change in control.

XiaMen HongXin…

300657.CS · Capital · Neutral Controlling shareholder released pledge on 3.01M shares; no forced liquidation risk, no impact on operations or control.

弘信创业工场投资集团股份有限公司 · Capital · Neutral As controlling shareholder, completed pledge release; still has 40.78% of its holdings pledged, but no forced liquidation risk.

Chongqing International Trust Co Ltd · Capital · Neutral Acted as pledgee for the released shares; no material impact on its business.

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