Cnano technology reports steady H1 2025 performance

Cnano Technology's operating income for the first half of 2025 reached 65,360.23 million yuan, a 1.08% increase compared to the previous year, primarily driven by higher business volumes. Despite a slight decrease in net profit attributable to shareholders, which stood at 10,368.46 million yuan (down 6.93% year-on-year) due to increased government subsidies and structured wealth management income, the company's overall profitability remained consistent. However, cash flow from operating activities saw a 46.84% decline, attributed to a significant increase in cash outflows.

The company's net assets attributable to shareholders surged by 29.60% to 375,434.88 million yuan, mainly due to the proceeds from a private share placement received during the reporting period. Cnano Technology maintained its commitment to innovation, with total R&D expenditure at 4,902.31 million yuan, representing 7.50% of operating income, consistent with the previous year.

During this period, Cnano Technology expanded its intellectual property portfolio, filing 9 new invention patent applications and 2 new utility model patent applications, while also securing 1 invention patent and 1 utility model patent. The company continues to leverage its competitive advantages in carbon nanotube preparation technology and market position.