Guangdong HongDa Blasting Co Ltd

Guangdong Hongda released its 2026 semi-annual report. In the first half, total operating revenue reached 10.138 billion yuan, up 10.79% year on year. Net profit attributable to the parent company was 520 million yuan, up 3.23% year on year. Net profit after deducting non-recurring items was 497 million yuan, up 3.28% year on year. The company plans to distribute a cash dividend of 2 yuan, before tax, for every 10 shares to all shareholders. Net cash flow from operating activities was negative 913 million yuan, compared with negative 226 million yuan in the same period last year. During the reporting period, basic earnings per share were 0.6904 yuan, and the weighted average return on equity was 7.52%.

Guangdong Hongda released its 2026 interim report, with operating revenue of 10.138 billion yuan, up 10.79 percent year on year. Net profit attributable to the parent company was 520 million yuan, up 3.23 percent, and non-GAAP net profit was 497 million yuan, up 3.28 percent. Net cash flow from operating activities was negative 913 million yuan, a significantly wider outflow than the negative 226 million yuan in the same period last year. Revenue from the defense equipment segment was 510 million yuan, surging 533.79 percent year on year, mainly due to incremental contributions from the newly consolidated subsidiary Dalian Changzhilin. The company plans to distribute a cash dividend of 2 yuan per 10 shares, tax included, to all shareholders.

On the evening of August 14, several A-share listed companies issued buyback announcements, with the repurchased shares to be used for equity incentives or employee stock ownership plans. NARI Technology plans to use its own funds to repurchase shares, with the amount no less than 500 million yuan and no more than 1 billion yuan, at a price not exceeding 35.17 yuan per share. The repurchased shares will be used for future equity incentive plans. Haozhi Electromechanical plans to repurchase shares with a total amount of no less than 100 million yuan and no more than 150 million yuan, at a price not exceeding 120 yuan per share, with the expected number of repurchased shares accounting for 0.27% to 0.41% of total share capital. Guangdong Hongda plans to repurchase shares with a total amount of no less than 50 million yuan and no more than 100 million yuan, at a price not exceeding 41.85 yuan per share, and has obtained a loan commitment letter from China Merchants Bank Guangzhou Branch, with the loan amount not exceeding 90% of the buyback amount.

Guangdong Hongda announced that the company plans to buy back shares through centralized bidding, with a total amount of no less than 50 million yuan and no more than 100 million yuan, at a price not exceeding 41.85 yuan per share, for equity incentives or an employee stock ownership plan. The company has obtained a loan commitment letter from the Guangzhou branch of China Merchants Bank, with the loan amount not exceeding 90% of the buyback amount.

Guangdong Hongda Chairman Gao Hongqing has proposed that the company buy back part of its A-shares for 50 million to 100 million yuan, to be used for equity incentives or an employee stock ownership plan. The buyback will be conducted through centralized bidding, with funds coming from the company's own capital or self-raised funds. Gao Hongqing said the move is based on confidence in the company's future sustainable development, aiming to boost investor confidence and stabilize the company's value. The company's stock closed at 27.93 yuan on July 30, down more than 41 percent this year.

Guangdong Hongda announced that Chairman Gao Hongqing has proposed the company repurchase shares through centralized bidding for use in equity incentives or employee stock ownership plans. The total buyback amount will be no less than 50 million yuan and no more than 100 million yuan, funded by the company's own capital or self-raised funds. The maximum repurchase price will not exceed 150 percent of the average stock trading price over the 30 trading days prior to the board's approval of the buyback plan.