Changgao Electric announced that in the first half of 2026 it achieved operating revenue of 762 million yuan, up 4.04% year on year, and net profit attributable to shareholders of the listed company of 582 million yuan, up 451.36% year on year. The profit growth was mainly due to investment income from disposing of part of its equity in Fute Technology during the period and gains from measuring the remaining equity at fair value. The company plans no cash dividend, no bonus shares, and no conversion of capital reserve into share capital. Second-quarter net profit was 525 million yuan, above the upper end of its earlier forecast range of 493 million to 523 million yuan, up 827% quarter on quarter.
Hunan Changgao High Voltage Switchgear Group Co LtdH1 2026 net profit up 451% YoY to 582 million yuan, driven by investment income from disposing of Fute Technology equity and fair-value gains on the remaining stake.
