Grand Industrial Holding Co Ltd

Grand Holding released its 2026 interim report, with net profit attributable to the parent company of 215 million yuan, up 640.14% from the same period last year, achieving growth for two consecutive years. Total operating revenue was 45.939 billion yuan, an increase of 4.26 billion yuan, up 10.22% year on year. Net cash outflow from operating activities was 930 million yuan, a decrease of 198 million yuan from the same period last year. The latest asset-liability ratio was 70.79%, down 4.41 percentage points from the previous quarter. Gross margin was 1.30%, rising for three consecutive quarters. ROE was 9.16%, up 7.94 percentage points year on year. Diluted earnings per share was 0.42 yuan, up 643.61% year on year.

On the evening of the 17th, multiple A-share companies disclosed their 2026 half-year reports, with first-half net profits rising sharply year on year. Sunwave Communications achieved net profit attributable to owners of the parent company of 50.3935 million yuan, up 1,825.74 percent year on year; Youngy Company posted net profit of 1.002 billion yuan, up 1,076.14 percent; Do-Fluoride New Materials reported net profit of 512 million yuan, up 897.19 percent. In addition, companies including Grand Industrial Holding, Hebang Biotechnology, Chengxing Group, Shanghai Ailu Package, Zhaojin Gold, Fudan Microelectronics, Raytron Technology, and Decole saw year-on-year net profit growth of more than 100 percent, among which 10 stocks including Shenzhen Keda achieved net profit growth of over 100 percent year on year. CSPC Innovation Pharmaceutical, Tianhua New Energy, Minmetals New Energy, and Zhangjiajie Tourism turned losses into profits year on year.

Rifeng Cable plans to invest 700 million yuan to build a project with annual capacity of 300 tons of optical fiber preforms and 10 million fiber-kilometers of optical fiber. In addition, Ruifeng High Polymer plans to acquire no less than 51 percent equity in electronic-grade epoxy resin company Mituo New Materials for 400 million to 500 million yuan, and Jiemei Technology plans to invest an additional 428 million yuan in its North China production and research headquarters project to expand MLCC release film capacity. Sunwave Communications reported first-half net profit of 50.3935 million yuan, up 1,825.74 percent year on year; Grand Holding reported first-half net profit up 640.14 percent year on year and plans a dividend of 2.2 yuan per 10 shares; Raytron Technology reported first-half net profit up 258.78 percent year on year and plans a dividend of 5 yuan per 10 shares. Digital China plans to buy back shares worth 200 million to 400 million yuan, and Unitree Technology will list on the STAR Market on August 19.