Huazhang Tech reported a net loss of CNY22.2 million for H1 ended Dec. 31, 2025 (226.1% wider), with net loss attributable to shareholders of CNY22.4 million (222.0% wider). Revenue fell 22.6% to CNY151.4 million, while gross profit declined 17.2% to CNY33.6 million; gross margin was 22.2% (up from 20.8%). Basic and diluted loss per share was CNY1.40 cents. The board did not declare an interim dividend. By segment in H1, industrial products revenue was CNY87.4 million, project contracting services CNY33.4 million, environmental products CNY11.1 million, supporting services CNY18.6 million, and property investment rental income CNY0.9 million. The company said newly signed contracts rose 20.9% to CNY193.6 million and outstanding contracts totaled CNY590.3 million, citing wins including Guangxi Jianhui PM7 permanent magnet direct-drive transmission and APP Jindong PM6, as well as ND Paper Leshan PM60. It also highlighted progress in overseas expansion, including the Vietnam GDT project entering implementation, and said it completed more than 100 projects in the second half of 2025. R&D expenses were CNY22.4 million, with three new patent applications.

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