Changgao Electric (002452.SZ) announced semi-annual results, with net profit of 582 million yuan to mother, an increase of 451.36% over the previous year

According to Zhitong Finance App, Changgao Electric (002452.SZ) released its 2026 semi-annual report. During the reporting period, the company achieved operating income of 762 million yuan, an increase of 4.04%; achieved net profit attributable to shareholders of listed companies of 582 million yuan, an increase of 451.36% year on year; net profit after deducting non-recurring profit and loss of 154 million yuan, an increase of 54.71% year on year; basic earnings per share were 0.9378 yuan.

During the reporting period, the company insisted on a forward-looking layout, and the number of new orders reached a new high in the first half of the year. The State Grid won a total of 994 million yuan in the first to third centralized tenders and UHV project tenders in 2026, an increase of 13% over the previous year. Among them, the 550kV GIS product successfully won the bid for the State Grid UHV project for the first time, achieving an important breakthrough in the company's GIS products entering the UHV market and further improving the company's UHV product matrix. At the same time, the company won an order of 214 million yuan in the State Grid's first regional joint tender in 2026, a sharp increase of 356% over the previous year. The core product ring net box won the bid covering four major regions and seven provinces, and the regional market penetration rate increased dramatically. In the China Southern Power Grid headquarters centralized bidding, the company successfully won the bid for various products such as isolation switches, modular electrical appliances, and switch cabinets. The total bid amount won in the first half of the year was 127 million yuan, an increase of 233% over the previous year. Relying on multiple breakthroughs and global growth in the core markets of the State Grid and the South Grid, the company continues to have sufficient order reserves, laying a solid foundation for steady growth in subsequent performance.