According to the Zhitong Finance App, Dazu CNC (03200) announced its 2026 interim results, with operating income of about 4.985 billion yuan, up 109.29% year on year; gross profit of about 1,752 billion yuan, up 142.9% year on year; net profit attributable to shareholders of listed companies was about 957 million yuan, up 263.45% year on year; basic earnings per share were 2.06 yuan.
According to the announcement, the overall business achieved rapid growth in the first half of the year, mainly due to the explosion in demand for AI computing power, which led to a surge in high-end PCB equipment orders, combined with the increase in market share and the release of scale effects brought about by the consolidation of the company's technology moat, which jointly promoted a sharp increase in orders for all products.
Drilling equipment: Revenue in the reporting period was about 3.62 billion yuan, up 113.98% year on year, accounting for an increase of 71.02% to 72.61% of revenue. This type of product is the company's core revenue pillar, and the performance during the reporting period increased significantly. On the demand side, the downstream AI server, high-speed switch, and high-speed optical module industry continues to expand, driving strong demand in the high-end PCB market, with sufficient orders and significant sales growth in the upstream drilling equipment market; superimposed on the product structure level, the company's share of high-value-added mechanical drilling machine shipments and sales continues to rise, driving the overall average sales price of the product upward and further expanding the revenue scale of drilling equipment.
Overall gross margin increased from 30.28% to 35.15% in the first half of the year, an increase of 4.87 percentage points. Profit growth during the reporting period was mainly based on the explosion of demand in the AI computing power industry chain and process upgrades of downstream PCB manufacturers driving demand for high-end PCB processing equipment. At the same time, the company continued to promote R&D technology iteration, optimize product sales structure, deepen cooperation with leading high-quality customers, reduce costs and increase efficiency with large-scale production capacity operations, and jointly promote the simultaneous increase in the group's gross profit scale and overall profit level.