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Dinglong Co., Ltd.: Expected net profit in the first half of the year to increase by 64%-74% year-on-year, CMP polishing liquid and cleaning liquid business achieved major breakthroughs.

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Mars Finance News: Dinglong (300054.SZ) announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be RMB 510 million to RMB 540 million, a year-on-year increase of 63.96% to 73.61%. The performance change is mainly due to the upward cycle in the semiconductor materials sector, with major breakthroughs in CMP polishing slurries and cleaning solutions businesses. The total revenue from these businesses increased by 63% year-on-year, with June sales exceeding RMB 40 million, setting a monthly sales record. Polishing pad revenue increased by 57% year-on-year, with June monthly shipments exceeding 50k units for the first time, setting a monthly shipment record. In the current reporting period, high-end wafer photoresists received orders totaling approximately 1,000 gallons. The company's two self-developed core materials, photosensitive PSPI and TFE-INK, successfully achieved first batch volume supply on the country's first G8.6 generation AMOLED production line. Editor's note: The company's Q2 net profit is expected to be RMB 259 million to RMB 289 million, while Q1 net profit was RMB 251 million. Based on this, Q2 net profit is expected to increase by 3% to 15% quarter-on-quarter. (Caixin)
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