Runyu buys Swiss incinerator tech, posts 16% profit growth, wins Shanxi project
Buys Swiss incinerator brand and technology Runyu acquired Switzerland's Stiefel incinerator brand and technology, moving from paying to license foreign know-how to owning it outright. That cuts future licensing costs, strengthens its competitive edge in waste-to-energy equipment, and supports its push to sell abroad, which can lift profit over time.
This is the period's biggest strategic change, shifting Runyu from technology renter to owner.
First-half profit up 16%, revenue up 36% Runyu's first-half 2026 revenue rose 36.05% to 1.154 billion yuan and net profit rose 16.03% to 228 million yuan, with operating cash inflow up 27%. Steady growth and cash generation support the share price, though profit grew slower than revenue, hinting at thinner margins.
Earnings are the core fundamental driver of the stock's value.
Chairman proposes interim cash dividend Chairman Li Bo proposed paying 0.7 yuan per 10 shares in cash for the interim period. A dividend returns cash directly to shareholders and signals management confidence in the business, which tends to support the stock price.
A new payout decision is a concrete capital return to shareholders.
Wins Houma waste incineration project in Shanxi A Runyu-led group won the Houma waste-to-energy project: 800 tonnes per day, 40-year concession, 131 yuan per tonne fee. It expands the order book and Shanxi presence, but the company says it won't move short-term results much.
New contract wins show demand for its core business and future revenue.