Huazheng New Materials, in an Aug 30 filing, reported 1H revenue of 2.96 bln yuan, up 41.28% YoY; net profit attributable to shareholders 173 mln yuan, up 305.28% YoY; basic EPS 1.14 yuan. The company attributed results to a structural upcycle in China’s copper-clad laminate (CCL) industry—AI compute-driven demand and steady new-energy vehicle electronics demand lifted high-end CCL sales—while periodic rises in upstream core raw-material prices supported product price increases, leaving the sect

Huazheng New Materials, in an Aug 30 filing, reported 1H revenue of 2.96 bln yuan, up 41.28% YoY; net profit attributable to shareholders 173 mln yuan, up 305.28% YoY; basic EPS 1.14 yuan. The company attributed results to a structural upcycle in China’s copper-clad laminate (CCL) industry—AI compute-driven demand and steady new-energy vehicle electronics demand lifted high-end CCL sales—while periodic rises in upstream core raw-material prices supported product price increases, leaving the sector with concurrent volume and price gains.