Honghe Technology 2026 H1 Revenue RMB1.048 Billion, Net Profit RMB379 Million
Honghe Technology reported 2026 first-half revenue of RMB1.048 billion, up 90.39% year on year, and net profit attributable to shareholders of RMB379 million, up 334.32%. Basic earnings per share were RMB0.42. The company attributed the growth to strong demand for E-glass electronic-grade fiberglass cloth, with prices rising year on year, as well as robust demand for specialty electronic cloth such as low-dielectric-constant and low-thermal-expansion varieties, which boosted sales volume and unit prices.
Honghe Technology disclosed its 2026 semi-annual report on August 13, 2026. The company reported first-half revenue of RMB1.048 billion, up 90.39% year on year, and net profit attributable to shareholders of RMB379 million, up 334.32%. Basic earnings per share stood at RMB0.42.
The growth was primarily driven by strong market demand for ordinary E-glass electronic-grade fiberglass cloth, with prices rising year on year. Meanwhile, robust demand for specialty electronic cloth, including low-dielectric-constant and low-thermal-expansion varieties, led to continued capacity expansion, boosting both sales volume and unit prices.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is positive for Electronic Components, with intensity 80/100 and 70% confidence over a short term horizon.
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.