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Hengdian Group DMEGC Magnetics Co Ltd

Hengdian Group DMEGC Magnetics Co., Ltd. is a Chinese company that, along with its subsidiaries, supplies magnetic materials, photovoltaic products, lithium batteries, and devices both in China and internationally. Its product range includes permanent magnets, ferrite components, magnetic sheets and assemblies, solar modules and cells, lithium battery cells and energy storage modules, cemented carbide products, inductance components, vibration motors, and RF devices. The company also engages in trade brokerage, investment and agency services, piped gas activities, scientific research and technical services, and power engineering. Founded in 1980 and headquartered in Dongyang, China, it operates as a subsidiary of Hengdian Group Holding Co., Ltd.

Price · split & dividend adjusted
News & notes moving 002056.CS
China
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Tospo Lighting to invest up to 55 million yuan in partnership, with Hengdian Eastmagnetic and Innuovo among related parties co-investing

Tospo Lighting announced on September 23 that it plans, as a limited partner, to subscribe for a 3.33% stake in Hengdian Bohui Venture Capital Hangzhou Partnership with up to 55 million yuan of its own funds. The partnership has a target capital size of 1.65 billion yuan, of which Hengdian Eastmagnetic will contribute 165 million yuan for a 10% stake, and Innuovo will contribute 55 million yuan for a 3.33% stake. Hengdian Capital, Hengdian Eastmagnetic, Innuovo, and Nanhua Capital, all under the company's controlling shareholder Hengdian Group Holdings, are participating in the subscription, and Sanheng Investment, an enterprise controlled by a director of the controlling shareholder, is also participating in this investment. In addition, company directors Xu Wencai, Hu Tiangao, and Lyu Yuelong serve as directors at the fund manager Hengdian Capital, making this transaction a related-party transaction. The partnership will make equity investments in high-growth, high-tech enterprises to generate good investment returns for all partners. In the first half of 2026, Tospo Lighting achieved revenue of 2.043 billion yuan and net profit attributable to the parent of 76.39 million yuan.
603303.CG · Capital · Positive Tospo Lighting will invest up to 55 million yuan of its own funds as a limited partner in the Hengdian Bohui venture capital partnership.
000795.CS · Capital · Positive Innuovo will contribute 55 million yuan for a 3.33% stake in the Hengdian Bohui venture capital partnership.
002056.CS · Capital · Positive Hengdian Eastmagnetic will contribute 165 million yuan for a 10% stake in the Hengdian Bohui venture capital partnership.
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Hengdian Group DMEGC Magnetics reports first-half 2026 net profit of 948 million yuan, down 7.03% year on year

Hengdian Group DMEGC Magnetics released its 2026 interim report, with net profit attributable to the parent company of 948 million yuan, a decrease of 7.03% compared with the same period last year. The company's total operating revenue was 12.342 billion yuan, up 3.41% year on year, marking a second consecutive year of growth. Net cash inflow from operating activities was 729 million yuan, down 57.12% year on year. The company's latest asset-liability ratio was 61.43%, gross margin was 15.70%, return on equity was 8.94%, and diluted earnings per share was 0.59 yuan.
002056.CS · Capital · Negative Net profit down 7.03% year on year, though revenue grew 3.41%.
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