Cheng Bang Co., Ltd.: Revenue in the first half of 2026 was 342 million yuan, a year-on-year increase of 65.16%.
Qibang Co., Ltd. announced that in the first half of 2026, the company achieved operating revenue of 342 million yuan, a year-on-year increase of 65.16%, mainly due to a substantial year-on-year increase in revenue from its semiconductor storage business. Net profit for the second quarter alone was negative, mainly because the contraction of the ecological environment construction business and low phased collections led to a small loss, while the semiconductor storage business saw year-on-year profit growth but a relatively small absolute amount. The company's simplified private placement application for 2026 has passed review by the Shanghai Stock Exchange, with plans to raise approximately 100 million yuan, of which 75 million yuan will be invested in an embedded storage chip capacity expansion project. Products related to enterprise-grade SSDs are still in the research and development stage. In the first-instance judgment of the lawsuit over project payments involving Chifeng Yuheng Qibang, the defendant was ordered to pay approximately 156 million yuan plus interest. Currently, there is no major asset or equity acquisition plan that should be disclosed but has not been disclosed.
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