Chengzhi H1 2026 Revenue RMB6.147 billion Up 2.77%, Net Profit RMB290m Up 1416%
Chengzhi Co. reported H1 2026 revenue of RMB6.147 billion, up 2.77% year-on-year, and attributable net profit of RMB290 million, up 1416.23%. Operating cash flow rose 42.27% to RMB906 million; non-recurring adjusted net profit jumped 1075.27% to RMB349 million. Clean energy, representing 77.52% of revenue, saw gross margin widen from 5.96% to 10.72% on price increases from March. Chemical new materials revenue grew 23.42% to RMB961 million, with TFT-LCD sales up over 30% and OLED shipments doubling. Subsidiary Chengzhi Huaqing's UHMWPE project succeeded in trial production in February 2026.
Beijing Chengzhi Co. , Ltd. (Chengzhi) released its 2026 semi-annual report, achieving revenue of RMB6.147 billion in the reporting period, up 2.77% year-on-year; net profit attributable to shareholders of the listed company was RMB290 million, up 1416.23% year-on-year; net cash flow from operating activities was RMB906 million, up 42.27% year-on-year. Net profit excluding non-recurring items was RMB349 million, up 1075.27% year-on-year.
Prices of core products in the clean energy business began to rise from March 2026. This business accounted for 77.52% of revenue, with gross margin improving from 5.96% in the same period of 2025 to 10.72% in 2026. By optimising its production organisation system, the company's core unit utilisation rate rose to a historical high.
Revenue from chemical new materials products was RMB961 million, up 23.42% year-on-year. Sales of liquid crystal display materials grew, with TFT-LCD material sales up more than 30% year-on-year. The company is the global leader in monochrome liquid crystals, and OLED material shipments doubled. Subsidiary Chengzhi Huaqing's ultra-high molecular weight polyethylene (UHMWPE) project succeeded in trial production in February 2026; the material is used in pipes, profiles, fibres and other applications.
Why this event matters
The event has a measured impact on 3 industrys. The strongest current signal is positive for Basic Chemicals, with intensity 30/100 and 60% confidence over a short term horizon.
Basic Chemicals
- Direction
- positive
- Intensity
- 30
- Confidence
- 60%
- Horizon
- Short term
Electronic Chemicals
- Direction
- positive
- Intensity
- 25
- Confidence
- 55%
- Horizon
- Short term
Specialty Chemicals
- Direction
- positive
- Intensity
- 20
- Confidence
- 50%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.