Hangzhou Kaierda Welding Robot Co Ltd

Tianqi Lithium released its first-half results, with net profit reaching 4.242 billion yuan, up 4925.46% year-on-year. In addition, Kaierda's first-half net profit was 28.269 million yuan, up 1095.3% year-on-year; Shannon Core Innovation's net profit was 3.642 billion yuan, up 2207.2% year-on-year; Demingli's net profit was 6.017 billion yuan, turning from loss to profit year-on-year, and it plans a share conversion of 4 shares for every 10 shares with a dividend of 15 yuan. Xinwei Communication plans to acquire 55% equity of Yiyang Electronic Technology for 1.1 billion yuan. Supor's net profit was 868 million yuan, down 7.7% year-on-year.

Kaierda released its 2026 interim report. The company achieved operating revenue of 425 million yuan, up 34.73% year on year. Net profit attributable to the parent company was 28 million yuan, a sharp year-on-year increase of 1,095.30%. Non-GAAP net profit was 24 million yuan, compared with a loss of 3 million yuan in the same period last year, successfully turning losses into profits. However, net cash flow from operating activities was negative 6 million yuan, a sharp decline from 110 million yuan in the same period last year, mainly because the increase in cash paid for purchasing goods and receiving services was higher than the increase in cash received from sales. In terms of business structure, the industrial robot business achieved sales revenue of 302 million yuan, up 39.04% year on year, accounting for more than 70% of total revenue. Industrial welding equipment achieved sales revenue of 96 million yuan, up 27.31% year on year. Industrial robot sales reached 3,385 units, up 42.77% year on year, of which self-produced robot sales were 1,406 units, up 44.21% year on year. The improvement in performance was mainly due to the recovery of downstream demand, enhanced product competitiveness, and a decline in share-based payment expenses. Looking ahead, the company faces supply chain risks such as fluctuations in raw material prices, intensifying industry competition, and reliance on Yaskawa Electric for outsourced complete robots. In addition, the closing balance of accounts receivable increased by 93.61% compared with the beginning of the period, so collection efficiency needs attention.

Kaierda released its first-half 2026 report, achieving operating revenue of 425 million yuan, up 34.73% year on year. Net profit attributable to shareholders of the listed company was 28.269 million yuan, up 1,095.3% year on year. Second-quarter net profit was 17 million yuan, compared with 11 million yuan in the first quarter, up 56% quarter on quarter.

As of July 22, 51 STAR Market companies have already previewed their first-half results, with 36 forecasting growth and 8 expecting to turn profitable, bringing the combined positive ratio to 86.27 percent. Based on the median estimated net profit growth, 29 companies saw growth exceeding 100 percent, while 6 recorded growth between 50 and 100 percent. OKE Precision Cutting Tools posted the highest estimated net profit growth, with a median increase of 50,199.61 percent, followed by Biwin Storage Technology and Yuanjie Semiconductor Technology at 3,310.87 percent and 1,250.95 percent respectively. By sector, STAR Market stocks with net profit growth above 50 percent are mainly concentrated in electronics, machinery and equipment, and pharmaceutical and biotech industries. STAR Market stocks expected to deliver high earnings growth have risen an average of 66.48 percent this year, with Yuanjie Semiconductor Technology surging 240.87 percent to top the list, followed by OKE Precision Cutting Tools and Nanya New Material Technology. In terms of capital flows, over the past five days, major net inflows were seen in Oled Material Technology, Raytron Technology, and Kaierda Welding & Cutting Robotics, while significant net outflows hit Biwin Storage Technology, Montage Technology, and Yuanjie Semiconductor Technology.

Kaierda disclosed its earnings forecast, estimating that net profit attributable to shareholders of the listed company for the first half of 2026 will range from 26.1511 million yuan to 30.5338 million yuan, representing a year-on-year increase of 1,005.75% to 1,191.07%. The company stated that the profit growth was mainly driven by improved product competitiveness, sustained revenue growth fueled by recovering downstream market demand, and a year-on-year decline in share-based payment expenses.