Kuang Chi Technologies Co Ltd

Kuang-Chi Technologies' wholly owned subsidiary Kuang-Chi Advanced Technology will deliver supermaterials structural products worth a total of 907 million yuan to three customers. That evening, several listed companies disclosed major contracts and capital operations: Zhejiang Construction Investment Group's subsidiary won a public housing development project bid of about 1.5 billion Hong Kong dollars, Xianghe Industrial signed a 178 million yuan railway fastener system components sales contract, Fulongma signed a 200 million yuan sanitation autonomous driving technology development contract with Huawei Cloud Computing, and Aidea Pharmaceutical plans a private placement to raise no more than 945 million yuan for the global clinical development of a novel HIV integrase inhibitor and other projects. Hengrui Pharmaceuticals repurchased 335,000 A-shares for the first time that day, paying 14.5036 million yuan. Longshen Rongfa's controlling subsidiary's marketing application for brexpiprazole oral dissolving film was not approved. In that day's Dragon-Tiger List, MetaX, one of the leading domestic GPU companies, saw the largest net institutional selling of 2.142 billion yuan, while its share price rose more than 14 percent; Ruifeng Advanced Materials saw the largest net institutional buying of 212 million yuan.

Kuang-Chi Technologies disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 1.128 billion yuan, up 19.59% year on year. Net profit attributable to shareholders of the listed company was 319 million yuan. Net cash flow from operating activities was 167 million yuan, up 3.35% year on year. Among these, revenue from the metamaterials industry was 1.123 billion yuan, up 19.66% year on year, while metamaterials research and development revenue surged 197.61% year on year. During the year, the company landed two major contracts in succession. In January, it signed batch production contracts totaling 264 million yuan with four customers. In June, it signed batch production and development contracts totaling 612 million yuan with three customers. The cumulative value of the two orders reached 876 million yuan. Combined with orders carried over from 2025, the company has ample order backlog. In addition, its self-developed metamaterial unmanned aerial vehicle complete aircraft business won its first procurement order worth 1.618 million yuan, and it signed a strategic cooperation agreement with the Wenchang International Aerospace City Administration to accelerate its expansion into the commercial space sector.