The new merger and acquisition photoresist material project is still operating at a loss, and Hanghua Co., Ltd.'s net profit in 2025 is expected to decrease by 21.97% year-on-year.

NightAirdropper · 2026-02-12T11:11:20+00:00

Hanghua Co., Ltd. releases the 2025 performance quick report, with annual operating revenue of 1.249 billion yuan, a year-on-year decrease of 1.61%; net profit of 109 million yuan, a year-on-year decrease of 21.97%. The decline in performance is mainly due to slowing market demand, losses from acquisition projects, and increased costs of fundraising projects.

NightAirdropper

2026-02-12 11:11:20

Abstract generation in progress

On February 12th, Hanghua Co., Ltd. (688571.SH) released its 2025 annual performance forecast announcement. The company’s total operating revenue for the year was 1.249 billion yuan, a decrease of 1.61% year-on-year; net profit attributable to shareholders of the listed company was 109 million yuan, a decrease of 21.97% year-on-year.

The company stated that the main reasons for the changes in operating performance during the reporting period are: 1. Due to the overall market environment and international trade situation, downstream printing market demand has generally slowed, and market competition has further intensified; 2. The company’s newly acquired photoresist material project is still in the market cultivation stage, and current operations are still at a loss; 3. Some of the fundraising projects are in trial operation, and related depreciation and operating costs have increased.

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