H1 2026 Earnings Split: Only Education Net Profit Up 977.3%, Kweichow Moutai Down 1.95%

Multiple listed companies released their 2026 semi-annual results, showing clear divergence in performance. Only Education's net profit surged 977.3% year-on-year in the first half, leading the gainers. Fudan Zhangjiang's net profit rose 545.57%, Cangzhou Dahua up 330.75%, Huarui Precision up 178.32%, and Juchen shares up 156.07%. Lianchuang Co. , Ltd. posted net profit of RMB 28.3542 million, up 142.36%; Jifeng shares up 137.26%; Shengyi Technology's net profit was RMB 3.287 billion, up 130.42%; Satellite Chemical up 126.94%; Shengyi Electronics' net profit was RMB 1.111 billion, up 109.36%. Yangpu Medical and Boliwei both saw net profit growth exceeding 100%, while Yinxi Technology, Hiusheng Bio, and Xinpeng Microelectronics grew between 70% and 100%.

Calight's first-half net profit was RMB 12.5378 million, up 55.11%; Riyao Technology up 54.63%; Ruijie Networks' net profit was RMB 694 million, up 53.54%; Guoneng Rixin up 52.52%; Bayi Shikong up 41.54%; Tianyin Electromechanical's net profit was RMB 24.8248 million, up 39.44%; Topchoice Medical's net profit was RMB 458 million, up 32.7%; Sinomine Testing's net profit was RMB 76.9214 million, up 32.02%. Longjing Environmental Protection, ST Shenhua, Kedali, Ziguang Guowei, Chengde Lulu, Youyou Foods, Shengli Co. , Botong Co. , Sieyuan Electric, Angel Yeast, Lianrui New Materials, Zhongyuan Expressway, Ping An Bank, Haoneng Co. , and Gansu Energy all achieved year-on-year net profit growth in the first half.

Among them, Hiusheng Bio proposed a cash dividend of RMB 3 per 10 shares, Guoneng Rixin RMB 1.6 per 10 shares, Youyou Foods RMB 2.7 per 10 shares, Shengli Co. RMB 0.15 per 10 shares, Ping An Bank RMB 2.49 per 10 shares, and Lianrui New Materials proposed a bonus share issue of 3 shares per 10.

Some companies turned profitable in the first half. Mingwei Electronics' net profit was RMB 84.9828 million, with a proposed dividend of RMB 5 per 10 shares; Biyiwei's net profit was RMB 37.5983 million; Kaipu Bio's net profit was RMB 31.2621 million; Xiangpiaopiao's net profit was RMB 10.8597 million; Jiaxun Feihong's net profit was RMB 4.887 million. All these companies achieved a year-on-year turnaround.

On the decline side, Kweichow Moutai's first-half net profit was RMB 44.517 billion, down 1.95% year-on-year. Dahua Technology fell 3.74%, proposing a dividend of RMB 3.06 per 10 shares; Zhejiang Publishing & Media fell 4.45%, proposing RMB 1 per 10 shares; Hongqi Chain's net profit was RMB 268 million, down 4.57%; Chuantou Energy fell 5.34%; Wangsu Technology fell 6.61%, proposing RMB 0.8 per 10 shares; Chengdu Gas fell 9.24%; Puyang Huicheng fell 11.92%, proposing RMB 2 per 10 shares; Qingniao Intelligent Control fell 12.54%, proposing RMB 0.4 per 10 shares; Yutong Heavy Industry fell 13.1%, proposing RMB 1 per 10 shares; Garden Bio's net profit was RMB 132 million, down 18.34%; Hanyu Group fell 24%, proposing RMB 1.1 per 10 shares; Changjiang Materials' net profit was RMB 54.7578 million, down 25.38%; Heng'erda fell 32.26%, proposing RMB 1.2 per 10 shares; Zhaowei Electromechanical's net profit was RMB 74.6457 million, down 34.1%; Liangxin Co. s net profit was RMB 154 million, down 37.51%; Xidian New Energy fell 39.73%, proposing RMB 2.6 per 10 shares; Chuanyi Technology's net profit was RMB 21.5571 million, down 48.86%; Meihua Bio fell 62.56%; Darentang fell 66.55%; Longyuan Technology's net profit was RMB 9.3219 million, down 67.04%; Gongda Electroacoustic's net profit was RMB 13.772 million, down 68.03%.

Tianfu Energy and Bonded Technology saw first-half net profit declines of 0.81% and 1.67%, respectively.

Among loss-making companies, Jiheng Pharmaceutical's first-half net loss was RMB 20.1385 million, narrowing from a year earlier; Shijia Technology's net loss was RMB 40.7009 million, also narrowing; Shangwei New Materials lost RMB 167 million in the first half; Yinglite's net loss was RMB 247 million, with the loss widening year-on-year.