Shenzhen Tongye Technology Co.Ltd.

Tongye Technology announced on the evening of September 24 that shareholder Tianjin Yingweida Venture Capital Partnership, holding more than 5% of shares, has completed its share reduction plan, cashing out about 70.54 million yuan in total. After the reduction, the combined stake held by Tianjin Yingweida and its concert parties dropped from 73.93% to 71.08%, with the equity change hitting an integer multiple of 1%. Previously, the company disclosed a pre-announcement on July 9, 2026, stating that Tianjin Yingweida planned to reduce its holdings by no more than 4,333,327 shares, or no more than 3% of the company's total share capital at the time, through centralized bidding or block trading within any consecutive 90 natural days starting 15 trading days after the announcement. On the performance front, Tongye Technology's 2026 semi-annual report released on August 21 showed operating revenue of 178 million yuan, down 5.54% year on year; net profit attributable to the parent company of 10.44 million yuan, down 44.69%; non-GAAP net profit of 8.13 million yuan, down 54.38%; and net operating cash flow of 25.44 million yuan, up 981.79% year on year. The company plans to distribute a cash dividend of 2 yuan per 10 shares, tax included, to all shareholders. The semi-annual report stated that as of June 30, 2026, the company's total order backlog stood at 221 million yuan, up 78.23% year on year, with the revenue decline mainly due to extended delivery cycles for some projects, while profit pressure resulted from a combination of strategic investments and one-off expenses.

Tongye Technology released its 2026 interim report, with net profit attributable to the parent company at 10.4444 million yuan, down 44.69% from the same period last year. Total operating revenue was 178 million yuan, down 5.54% year-on-year; net cash inflow from operating activities was 25.4419 million yuan. The latest asset-liability ratio was 40.81%, up 2.79 percentage points from the same period last year; gross margin was 40.35%, down 2.68 percentage points; ROE was 1.59%, down 1.60 percentage points. Diluted earnings per share were 0.07 yuan, down 44.98% year-on-year.

Tongye Technology disclosed its semi-annual report for 2026. In the first half of the year, total operating revenue reached 178 million yuan, down 5.54% year on year. Net profit attributable to the parent company was 10.44 million yuan, down 44.69% year on year. Net profit after deducting non-recurring items was 8.13 million yuan, down 54.38% year on year. The company plans to distribute a cash dividend of 2 yuan per 10 shares, tax included, to all shareholders. Net cash flow from operating activities was 25.44 million yuan, compared with a negative 2.89 million yuan in the same period last year. During the reporting period, basic earnings per share were 0.0723 yuan, and the weighted average return on equity was 1.60%.

Tongye Technology announced that shareholder Tianjin Invidia Venture Capital Partnership, which holds a 19.77% stake, plans to reduce its holdings by no more than 4,333,300 shares, representing no more than 3% of the company's total share capital, through centralized bidding and block trades.