Huahong Technology (002645.SZ) issued an advance increase. Net profit due to mother is expected to be 320 million yuan to 360 million yuan for the half year, an increase of 301.84%-352.08% over the previous year

According to the Zhitong Finance App, Huahong Technology (002645.SZ) released the 2026 semi-annual results forecast. The company expects to achieve net profit attributable to shareholders of listed companies of 320 million yuan to 360 million yuan in the semi-annual period of 2026, an increase of 301.84% to 352.08% over the same period last year.

In the first half of 2026, benefiting from industry policies and a boost in downstream demand, the prices of major domestic rare earth products rose steadily. The company's comprehensive utilization of rare earth resources sector seizes market opportunities, gives full play to the comprehensive advantages of production capacity scale, cost control and process technology, and continuously optimizes supply, production and marketing collaboration and inventory management strategies, effectively promoting the full release of the sector's profitability.

The company continues to deepen the layout of the rare earth industry chain, and the downstream rare earth permanent magnet materials business is steadily expanding. Benefiting from stable demand in terminal fields such as new energy vehicles, wind power, and industrial automation, the business scale of this sector continues to expand, and revenue and product structure are continuously optimized, which is an important complement to performance growth.