Cngr Advanced Material Co Ltd

CNGR Advanced Materials released its 2026 half-year report. First-half net profit attributable to the parent was 1.3 billion yuan, up 77.8% year on year. Operating revenue was 33.58 billion yuan, up 57.5% year on year. Net profit attributable to the parent excluding non-recurring items was 1.26 billion yuan, up 92.1% year on year. Net operating cash flow was 1.596 billion yuan, up 8.1% year on year. Second-quarter operating revenue was 17.83 billion yuan, up 69.3% year on year, and net profit attributable to the parent was 748 million yuan, up 75.8% year on year. The company focuses on nickel-based, cobalt-based, phosphorus-based and sodium-based new materials, and has established ten major industrial bases worldwide.

CNGR Advanced Material announced plans to distribute a cash dividend of 3.8 yuan per 10 shares, totaling 386 million yuan in cash dividends. In the first half of 2026, the company achieved revenue of 33.584 billion yuan and net profit attributable to shareholders of 1.303 billion yuan.

Recently, Guizhou listed companies have been intensively disclosing their first-half 2026 earnings forecasts, with many delivering impressive results. CNGR Advanced Material expects a net profit attributable to shareholders of 1.25 billion to 1.35 billion yuan, up 70.58% to 84.23% year-on-year, with core product sales exceeding 250,000 tonnes. Qian Yuan Power expects net profit to rise over 70% year-on-year. Anda Technologies, Panjiang Coal and Electric Power, and Chitianhua all turned losses into profits. At the same time, Guizhou listed companies are actively rewarding investors. Since the beginning of this year, cumulative cash dividends have reached 38.378 billion yuan, and share buybacks have totalled 3.387 billion yuan, both ranking first in the western region. The chairman of Qian Yuan Power has proposed a 2026 interim dividend, and companies including Kweichow Moutai, Guizhou Gas, and Vontron Technology have already made clear plans. In addition, Yibai Pharmaceutical and Guizhou Bailing recently disclosed that they will change the purpose of their share buybacks to cancellation and reduction of registered capital, while Chanhen Chemical completed the cancellation of 1.76 million repurchased shares in March this year.