China's leading PCB manufacturer, Shenghong Technology, reported a 33.30% year-on-year increase in net profit to 2.857 billion yuan in the first half of the year, with its H-share listing driving a 78.83% growth in total assets.
Shenghong Technology, a leading Chinese PCB (Printed Circuit Board) manufacturer, announced its H1 2026 results. Revenue reached RMB 11.629 billion, a year-on-year increase of 28.77%; net profit attributable to shareholders of the listed company was RMB 2.857 billion, a year-on-year increase of 33.30%. Concurrently, the company completed its H-share listing in Hong Kong in April this year, with a total of 110 million H-shares issued after the full exercise of the over-allotment option, at an offering price of HKD 209.88 per share. Driven by this, the company's total assets at the end of the period surged by 78.83% from the end of last year to RMB 63.029 billion, and net assets attributable to shareholders of the listed company jumped by 128.13% to RMB 37.909 billion.
Source:华尔街见闻 · Source Link
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