Shenzhen Woer Heat-shrinkable Material (09981) released its interim performance report, with a net profit attributable to the parent company of 567 million yuan, a year-on-year increase of 1.54%.

Shenzhen Woer Heat-shrinkable Material (09981) announced its interim performance for the six months ending June 30, 2026, with revenue of 4.649 billion yuan (RMB, the same below), representing a year-on-year increase of 17.97%; net profit attributable to shareholders was 567 million yuan, a year-on-year increase of 1.54%; basic earnings per share were 0.42 yuan. The announcement stated that in the first half of 2026, the group adhered to the main development direction of "electronic communications + new energy power", promoted the coordinated development of various business sectors, continuously improved product layout, accelerated research and development and industrialization of high-end products, deepened cooperation with key customers, and actively expanded domestic and international markets. Each business sector of the group generally maintained stable development. Among them, the electronic materials business continuously advanced product innovation, relying on a mature product system and a broad customer base, resulting in stable growth; the communication cable business benefited from the ongoing global development of computing power infrastructure, accelerated iteration of large models, as well as factors such as the growth of Siasun Robot & Automation and industrial automation, sustaining its growth trend, with high-speed copper cables remaining a vital growth driver; driven by the continuous development of the new energy vehicle industry and accelerated construction of charging infrastructure, the groups power transmission products for new energy vehicles maintained a good growth trend; however, the cable accessories business faced pressure due to the periodic adjustment of new installed capacity in photovoltaics and wind power, along with a decrease in demand for supporting products, leading to a decline in operating performance compared to the same period last year. Meanwhile, due to the sustained increase in raw material prices, foreign exchange losses from fluctuations in the US dollar and Hong Kong dollar exchange rates, and the group's continued increase in R&D investment and market expansion efforts focused on key markets and businesses, operating costs and period expenses of the group increased year-on-year.