Dingtai Hi-Tech (301377.SZ) announced its first-half results, with net profit of 679 million yuan to mother, an increase of 325.12% over the previous year

According to Zhitong Finance App, Dingtai Hi-Tech (301377.SZ) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 1,943 billion yuan, an increase of 114.85% over the previous year. Achieved net profit of 679 million yuan attributable to shareholders of listed companies, an increase of 325.12% over the previous year. Achieved net profit of 670 million yuan after deducting non-recurring profit and loss attributable to shareholders of listed companies, an increase of 353.28% over the previous year. Basic earnings per share were $1.66. It is proposed to distribute a cash dividend of 10 yuan (tax included) to all shareholders for every 10 shares.

In the first half of the year, benefiting from the continued explosion of global demand for artificial intelligence computing power, the company's core business, the precision tool business, ushered in explosive growth. During the reporting period, tool products achieved revenue of 1,601 billion yuan, an increase of 114.47% over the previous year, accounting for 82.41% of revenue. Through deepening technological iteration and collaboration with customers, the continuous release of high-value-added products such as small-diameter drills, high-length-diameter drills, and high-end coated drills was promoted. In the first half of the year, the company's sales of 0.2 mm and below micro drills accounted for about 33.21%, and coated drills accounted for about 49.53% of sales, and the product structure accelerated its evolution to high-end. In order to meet growing market demand, the company continues to strengthen the production capacity of drilling equipment. As precision processing equipment is put in place one after another, the company's equipment manufacturing and delivery capabilities have been further improved, providing a solid guarantee for rapid response and large-scale delivery of subsequent orders. At present, the company's overall production capacity of drills has exceeded 160 million units per month, and scale effects and profit flexibility have been unleashed at an accelerated pace.