What happened
Keda Manufacturing announced on August 31 that it received 131 institutional investors, including 3W Fund, for a research visit from August 1 to August 31. The company was represented by director and Tefu International chairman Shen Yanchang, board secretary Peng Qi, and securities affairs representative Huang Shan.
During the meeting, the company said its first-half 2026 performance met expectations. Operating revenue reached 10.392 billion yuan, marking the first time half-year revenue surpassed the 10-billion-yuan threshold. Net profit attributable to shareholders was 1.284 billion yuan, and non-GAAP net profit was about 1.3 billion yuan, up 72.39% and 85.70% year-on-year, respectively.
The company also reported that operating cash flow has improved since last year, with net cash flow of 1.365 billion yuan in the recent half-year period.
Why it matters
The record revenue and strong profit growth underscore Keda's expanding scale and operational strength, while the large number of visiting institutions points to significant investor attention.
The sustained improvement in operating cash flow suggests healthier earnings quality, which could provide a solid foundation for future investments and shareholder returns.
Key facts
131 institutional investors, including 3W Fund, took part in the survey from August 1 to August 31.
First-half 2026 revenue was 10.392 billion yuan, a record for the period.
Net profit attributable to shareholders rose 72.39% year-on-year; non-GAAP net profit rose 85.70%.
What to watch next
Whether Keda can maintain a half-year revenue run-rate above 10 billion yuan in future periods.
How the company's operating cash flow trend evolves during the second half of 2026.
Any strategic guidance or updates from management in subsequent investor engagements.