Honghe Technology reported strong first-half 2026 results as revenue rose 90.39% year on year to about 1.05 billion yuan and net profit attributable to shareholders jumped 334.32% to 379 million yuan, driven by higher prices, rising volumes and a richer mix of specialty electronic-grade glass fiber fabric products. At the same time, the company said it will terminate its roughly 600 million yuan Cangxi, Sichuan project, which had not entered production, return the related state-owned land-use rights, and inject 680 million yuan into wholly owned subsidiary Huangshi Honghe Electronic Materials Technology Co., Ltd. via a debt-to-equity swap to concentrate expansion in Huangshi. Honghe said demand remained strong for standard E-glass products, while specialty fabrics such as low-dielectric and low-CTE materials expanded rapidly and accounted for 34.02% of revenue, up from 15.24% at the end of 2025, supporting margins. The company linked the outlook to AI servers, high-speed switches and broader computing infrastructure demand, while warning that Huangshi capacity buildout will take time, require substantial capital and remains subject to implementation uncertainty.