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Cixing Co., Ltd. (300307.SZ) announced first-half results, with net profit of 173 million yuan to mother, an increase of 64.07% over the previous year
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According to the Zhitong Finance App, Cixing Co., Ltd. (300307.SZ) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 1,456 billion yuan, an increase of 31.59% over the previous year. Achieved net profit attributable to shareholders of listed companies of 173 million yuan, an increase of 64.07% over the previous year. Achieved net profit of 169 million yuan after deducting non-recurring profit and loss attributable to shareholders of listed companies, an increase of 103.94% over the previous year.

Since entering 2026, the horizontal machine industry has ushered in restorative growth. The company grasped market opportunities and continued to upgrade its product structure. The share of sales of high-value-added models increased markedly, driving a steady upward trend in overall gross margin; the competitive landscape of the industry was reshaped, leading customers in the industry switched to the company and overseas sales, which led to a significant increase in the company's performance.

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