CENTRAL NEW EGY (01735) announced its interim results, with revenue of HK$6.33 billion, an increase of 56.33% year-on-year.

date
21:56 31/08/2026
avatar
GMT Eight
China Hongqiao Group Limited (01735) announced its interim results for the six months ended June 30, 2026, reporting revenue of HK$6.33 billion, an increase of 56.33% year-on-year; profit attributable to shareholders reached HK$18.462 million, down 20.67% year-on-year; earnings per share were HK$0.44.
CENTRAL NEW EGY (01735) announced its interim results for the six months ended June 30, 2026, reporting revenue of HKD 6.33 billion, a year-on-year increase of 56.33%; profit attributable to company owners amounted to HKD 18.462 million, a year-on-year decrease of 20.67%; earnings per share were HKD 0.44. During the reporting period, the Group continued to consolidate and expand its core business, which includes photovoltaic power generation and N-type TOPCon battery manufacturing. The Group maintained robust operational investment, optimized product structure, upgraded production technology, and strengthened market penetration in the renewable energy sector, ensuring stable revenue and profit contributions from its traditional photovoltaic business. While sustainably developing its existing core businesses, the Group actively seizes the rapidly growing market opportunities presented by the global artificial intelligence industry. The Group strategically expanded its business footprint to include AI chip research and development, intelligent computing, and server-related businesses, marking a significant milestone in its business diversification and technological upgrade. The Group has gradually established its industrial capabilities in AI smart hardware and computing power, paving the way for new growth dimensions beyond its traditional renewable energy business. Looking ahead, the Group will adhere to a dual-driven development strategy of "stabilizing traditional businesses and rapidly growing emerging technology businesses." The Group will continue to optimize operational efficiency, expand market size, invest in technological innovation, and enrich its product and service offerings. By continuously expanding its high-value AI chip and server businesses, the Group aims to further enhance its overall profitability, diversify its sources of income, and create sustainable and long-term returns for all shareholders.