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Chengzhi Co., Ltd. H1 Financial Report Released, New Materials Business Drives 1416% Year-on-Year Net Profit Surge

2026-08-13

On August 13, A-share chemical new materials enterprise Chengzhi Co., Ltd. officially released its 2026 semi-annual financial report, achieving explosive performance growth. The financial data shows that the company’s operating revenue reached 6.147 billion yuan in the first half of the year, with a year-on-year increase of 2.77%. Its net profit attributable to parent companies surged 1416.23% year-on-year to 290 million yuan, realizing a leap-forward improvement in profitability and hitting the best performance in the same period in recent years.

The substantial performance growth is mainly driven by the rapid volume growth of the company’s new materials business and the steady recovery of chemical product prices. During the reporting period, the company focused on three core tracks: new energy materials, high-end fine chemicals and biotechnology. It continuously optimized product structure, phased out low-gross-margin traditional chemical production capacity, and increased investment in the R&D and mass production of high-value-added new material products.

Products such as lithium battery electrolyte, photovoltaic packaging materials and high-end electronic chemicals maintained strong market demand and rising shipments, becoming the core profit growth drivers of the enterprise. Industry insiders analyzed that with the sustained prosperity of the global new energy, photovoltaic and lithium battery industries, high-end chemical new materials have broad space for import substitution.

Chengzhi Co., Ltd.’s performance surge fully proves the huge growth potential of domestic fine chemical and new material tracks. In the follow-up period, the company will continue to expand the production capacity of high-end new materials, deepen the layout of the upstream and downstream industrial chain, and continuously improve market share and profitability relying on domestic substitution dividends, boosting the market sentiment of the A-share chemical new materials sector.

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