According to Zhitong Finance App, Torrance (301583.SZ) released the 2026 semi-annual report. During the reporting period, the company achieved revenue of 385 million yuan, an increase of 3.18% over the previous year. Net profit attributable to shareholders of listed companies was 384.923 million yuan, a year-on-year decrease of 36.74%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 388.407 million yuan, a year-on-year decrease of 34.79%.

The main reasons for the slight increase in revenue and the decline in net profit are: (1) in order to meet the demand of domestic fabs and equipment factories to expand production, the company continues to introduce talents and new equipment investment, driving up costs such as fixed asset costs and personnel remuneration; (2) In order to meet customers' needs for more advanced semiconductor equipment, the company continued to increase R&D investment, accelerate the R&D of new product projects and iterative optimization of existing product processes, and further increase in R&D expenses; (3) RMB continued to rise sharply in the first half of 2026, leading to a sharp increase in exchange losses generated by the company's dollar assets compared to the first half of 2025.

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