Conch Materials Technology (02560) has announced its interim results for the six months ended June 30, 2026, showing group revenue of RMB 1.207 billion, an increase of 11.65% year-on-year. However, profit attributable to equity shareholders of the company stood at RMB 40.201 million, reflecting a decrease of 23.23% compared to the same period last year, with earnings per share of RMB 0.07.

The company stated that it has been closely aligning with market demand to deepen research and development innovation while continuously upgrading its green high-performance product offerings. It has been providing customized products and supporting technical services for upstream and downstream clients, solidifying its brand competitiveness as a core strength.

In light of intensifying industry competition and accelerated market consolidation, the group has leveraged its integrated full-chain advantages across two product categories—covering polyether monomers to concrete admixtures and alcohol amines to cement admixtures. This strategy has helped stabilize its existing customer base while methodically expanding into incremental markets. Simultaneously, the company is advancing the commercialization of new fine chemical products, steadily cultivating a second growth curve.

During the reporting period, the group achieved operating revenue of RMB 1.207 billion, up 11.65% year-on-year, marking a solid start on the revenue front. Nevertheless, traditional products face intense competition, and the pace of bringing new products to market must accelerate.