800 million Spacetime, Akita Micro, and Puyang Huicheng announced their results for the first half of 2026

On August 14, 800 million Spacetime, Akita Micro, and Puyang Huicheng released the 2026 semi-annual report. Among them, 800 million Spacetime achieved year-on-year growth in revenue and net profit, with net profit increasing by more than 40%.

800 Million Spacetime

800 Million Spacetime achieved revenue of 470 million yuan in the first half of 2026, a year-on-year increase of 13.17%; the net profit attributable to shareholders of listed companies was 43.6976 million yuan, a year-on-year increase of 41.54%.

Information shows that 800 million Spacetime specializes in the research and development, production and sales of display materials, semiconductor materials and medical materials. Its main business is the research and development, production and sales of liquid crystal display materials. Its products cover liquid crystal materials, polymer dispersed liquid crystal smart films, and organic electroluminescent materials.

Bayi Space said that the company's net profit growth during the reporting period was mainly affected by two factors:

The company's main business was stable, the demand for LCD panels increased, customers' demand for liquid crystal materials increased, and subsidiary projects were industrialized one after another and achieved sales revenue, driving overall revenue growth.

The company optimized its product structure to reduce product costs, deeply used informatization and automation technologies to empower production and operations, comprehensively built intelligent manufacturing, full-chain quality control and efficient R&D management systems, continued to improve internal operating efficiency, strictly controlled operating costs, and improved product profitability, resulting in sales growth of 13.17% and greater profit growth.

Akita Micro

In the first half of 2026, Akita Micro achieved revenue of 640 million yuan, a year-on-year increase of 1.56%; net profit attributable to shareholders of listed companies was 34.4966 million yuan, a year-on-year decrease of 32.70%.

The company stated that the decline in net profit was mainly due to the combined impact of factors such as exchange rate changes and the recognition of share-based payment expenses under the employee stock ownership plan.

Akita Micro focuses on the R&D, design, production and sales of LCD and touch products. Its main products include monochrome LCD monitors, monochrome LCD modules, color LCD modules and capacitive touch screens, etc., which are used in industrial control and automation, Internet of Things and smart life, medical health, automotive electronics and other fields. Its customers include terminal product manufacturers and technical service providers.

In terms of technology layout, the company invested a total of 44.0368 million yuan in research and development expenses during the reporting period, a year-on-year increase of 1.43%, accounting for 6.88% of operating income.

In terms of product sales, the company's products are currently mainly exported to North America, Europe, Asia and Taiwan, China. During the reporting period, the company's export revenue accounted for 42.05%.

Puyang Huicheng

Puyang Huicheng achieved revenue of 762 million yuan in the first half of 2026, a year-on-year increase of 5.71%; the net profit attributable to shareholders of listed companies was 62.2248 million yuan, a year-on-year decrease of 11.92%.

Puyang Huicheng’s main business is the research and development, production and sales of fine chemicals such as maleic anhydride derivatives and functional material intermediates. The company's main products are maleic anhydride derivatives and OLED-related functional material intermediates.

Puyang Huicheng said that the company's product line is comprehensive and rich, which can fully meet the diverse needs of large customers, facilitate customers' centralized purchasing, and effectively help customers reduce procurement, operation and management costs.

The specific advantages of scale are as follows: the company has strong bargaining power through large-scale procurement and effectively reduces procurement costs; large-scale manufacturing facilitates continuous, automated, and intelligent production, significantly improves production efficiency, reduces unit product costs, and ensures the stability of product quality.