Hangzhou EZVIZ Network Co. Ltd. A

From July 23 to 24, a number of Shanghai-listed companies released positive news covering share buybacks and stake increases, upbeat earnings reports, improving operations, and interim dividends. In terms of buybacks and stake increases, 10 companies announced new buyback plans over the two days, with a combined proposed buyback cap of 1.89 billion yuan; 5 companies announced new stake increase plans, with a combined proposed increase cap of 351 million yuan. On the earnings front, about 15 Shanghai-listed companies issued positive half-year earnings reports. Among them, Orient Securities reported a 30.46% year-on-year rise in first-half net profit attributable to the parent company, EZVIZ Network grew 35.44%, and SINOMED is expected to surge 263.66%. Another three companies, including Minmetals New Energy, turned losses into profits. At the operational level, Weiming Environment Protection's subsidiary waste treatment projects saw cumulative power generation rise 8.96% year-on-year in the first half. Changhua Group received a designated development notice from a domestic new energy vehicle maker, with an estimated total sales value of about 740 million yuan over the product lifecycle. Pudong Construction saw multiple subsidiaries win major projects, with a total bid value of approximately 1.5 billion yuan. Regarding interim dividends, four Shanghai-listed companies—China Southern Power Grid Energy Storage, Zheshang Securities, China Southern Power Grid Technology, and Jinpan Technology—received interim dividend proposals or released interim dividend distribution plans. Zheshang Securities stated that its interim dividend payout ratio for this year will be no lower than its 2025 interim ratio, while Jinpan Technology's dividend amount will be no less than 30% of net profit attributable to shareholders of the listed company in the first half of 2026.

Ezviz Network released its 2026 interim report, with net profit attributable to the parent company reaching 410 million yuan, a year-on-year increase of 35.44%, marking four consecutive years of growth. During the reporting period, total operating revenue was 3.007 billion yuan, up 6.35% year-on-year, achieving growth for five straight years. Gross margin stood at 50.27%, an increase of 6.68 percentage points year-on-year, also rising for five consecutive years. Net cash outflow from operating activities was 59.5949 million yuan. The asset-liability ratio was 37.36%, and return on equity was 6.96%, up 1.48 percentage points year-on-year. Diluted earnings per share were 0.52 yuan, a year-on-year increase of 36.84%, growing for three consecutive years. The top ten shareholders collectively held 662 million shares, accounting for 84.11% of total share capital.

Ezviz Network disclosed its half-year report, with operating revenue reaching 3.007 billion yuan in the first half of 2026, up 6.35% year-on-year. Net profit attributable to the parent company was 410 million yuan, up 35.44% year-on-year, and basic earnings per share were 0.52 yuan. During the reporting period, the company's business structure and cost structure continued to be optimized. The supply chain made agile adjustments to inventory structure and stocking strategies, while dynamically adjusting in line with cyclical sales strategies. The overall gross margin improved, driving an enhancement in the company's overall profitability.

EZVIZ is offering limited-time discounts on a range of smart home security products during Amazon DE's Prime Day event from June 23 to 26. The HP7 Pro 4K video intercom with palm vein recognition is priced at €287.99, a saving of €212. The H9c 3K dual-lens pan/tilt Wi-Fi camera is available for €83.99, a saving of €56. The EP8 Ultra AI-powered interactive video doorbell kit is offered at €118.99, a saving of €61. The promotion includes intelligent cameras, video doorbells, door viewers, video intercoms, and complete solutions.