Huiyuan Cowins Technology Announces 2025/26 Interim Results

About this update from Huiyuan Cowins Technology Group Limited

EQS Newswire / 05/03/2026 / 09:29 UTC+8Profit Restored, Driven by Phase-Change Energy Business(5 March 2026, Hong Kong) Huiyuan Cowins Technology Group Limited (“Huiyuan Cowins Technology”, together with its subsidiaries, the “Group”; stock code: 1116.HK) is pleased to announce its interim results for the six months ended 31 December 2025 (the “Period”). During the Period, the Group recorded revenue of approximately RMB454 million, representing a year-on-year increase of 14.9%. Gross profit amounted to approximately RMB47.65 million, up 6.9% year-on-year. Profit attributable to owners of the Company was approximately RMB1.34 million, representing a turnaround from a loss in the corresponding period of the previous year. Basic earnings per share were RMB0.06 cents, marking a significant improvement in performance.Strong Growth from Emerging Business; PCM Technology Drives Industrial UpgradeThrough coordinated development across multiple business lines, the Group maintained stability in its traditional carbon steel and stainless steel segments while accelerating growth in emerging areas, including direct drinking water, phase-change materials (PCM), and facility agriculture. The energy storage business, bolstered by supportive national policies and the Group’s technological strengths, has emerged as a key growth driver with substantial market potential.Breakthrough in cold-chain transportation: The Group pioneered the use of PCM in China to create a long-lasting phase change cold chain vehicle. Temperature control and cold storage last for up to 120 hours, and the cost of cold storage and preservation can be reduced by up to 60%, offering innovation value for agricultural and pharmaceutical logistics.Industrial waste-heat recovery: The “AI intelligent multi-heat source waste heat recovery application project”, the first of its kind in the industry nationwide, was launched in Huailai Zero-Carbon Agriculture Demonstration Park in November 2025. The heat generated during data center operation supplies to the surrounding Phalaenopsis orchid greenhouses and Jinqiu Jiayuan community for heating, replacing the traditional gas boiler heating. According to an assessment by SinoCarbon Innovation and Investment, during the heating season from November 2024 to March 2025, the project cumulatively saved a total of 838.94 tons of standard coal, reduced carbon dioxide emi...

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