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Increased revenue, excellent profit! Shougang Langze (02553)'s interim results grew strongly, and the first listing battle was successful
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The Zhitong Finance App learned that on August 27, Shougang Langze (02553), the global “first stock of AI synthetic bio+CCUS”, announced the 2026 interim results. In the first half of this year, Shougang Langze's revenue was 293 million yuan (RMB, same below), up 9.9% year on year; gross loss was 19.94 million yuan, a sharp decrease of 63.9% over the same period; loss during the period narrowed significantly by 30.1% to 118 million yuan. This is the company's first mid-term performance since entering Hong Kong stocks. During the reporting period, Shougang Langze's revenue achieved steady growth, losses were significantly recovered, and the core business showed a strong recovery momentum.

During the reporting period, the company had sufficient orders, and revenue mainly came from sales of low-carbon products. Ethanol revenue was 241 million yuan, microbial protein revenue was 49.4 million yuan, and revenue from other products was 2.6 million yuan. Among them, ethanol production increased 17.1% to 52,800 tons, protein production increased 9.2% to 6099 tons; ethanol sales increased 5.9% to 49,700 tons, and protein sales increased 8.0% to 6,137 tons.

In terms of project construction, the country's first batch of green and low-carbon advanced technology demonstration projects — Hebei Shoulang Phase II production facilities (including carbon dioxide industrial exhaust biofermentation to ethanol and protein devices) were successfully put into operation in June 2026 and successfully produced qualified products, marking the world's first 10,000-ton demonstration project to biosynthesize anhydrous ethanol using industrial exhaust containing CO2 to complete the entire process. Furthermore, the company is actively promoting cooperation with the Pingluo County Government in Ningxia Province to build a unified industrial exhaust supply pipeline.

Looking ahead to the future market, Shougang Langze will keep abreast of carbon neutrality goals, deepen collaborative innovation in biosynthesis and CCUS (carbon capture, utilization and storage) technology, and actively explore AI to enable production optimization and process iteration, accelerate the layout of downstream high-value-added products of ethanol and protein, continue to strengthen core competitiveness, and establish a long-term growth trend.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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