Yuanchen Technology (688659.SH): Establishes a wholly-owned subsidiary in Huainan, Anhui to accelerate the R&D and market expansion of AI intelligent environmental protection island technology.

Gelonghui, May 14th ┃ Yuanchen Technology (688659.SH) announced that, based on strategic planning and business development needs, the company has established a wholly-owned subsidiary in Huainan, Anhui, named Anhui Ancarbon Core Technology Co., Ltd. (hereinafter referred to as 'Huinan Subsidiary'), with a registered capital of RMB 20 million. The company has recently completed the relevant registration procedures. The establishment of this wholly-owned subsidiary in Huainan is a decision made by the company in line with its strategic planning and the development needs of its AI Intelligent Environmental Protection Island business. This move will accelerate the research and development of AI Intelligent Environmental Protection Island technology and market expansion, enhance the company's overall competitiveness, and strengthen its risk resistance capabilities.

Gelonghui FinanceMay 14 16:46

Annual Report 2025

SZSIApr 25 00:00 · Announcements

First Quarter Report for 2026

SZSIApr 25 00:00 · Announcements

Summary of the 2025 Annual Report

SZSIApr 25 00:00 · Announcements

Yuanchen Technology (688659.SH) reported a net profit of 4.1674 million yuan in the first quarter, representing a year-on-year increase of 65.34%.

Gelonghui reported on April 24 that Yuanchen Technology (688659.SH) released its Q1 2026 financial report, showing operating revenue of 187 million yuan in the first quarter, a year-on-year increase of 45.21%; net profit attributable to shareholders of 4.1674 million yuan, up by 65.34% year-on-year; and non-recurring net profit attributable to shareholders of 483,200 yuan, representing a year-on-year decline of 79.40%.

Gelonghui FinanceApr 24 21:08

Yuanchen Technology (688659.SH): Cash management using no more than 60 million yuan of temporarily idle raised funds and no more than 100 million yuan of proprietary funds.

Gelonghui, April 14th: Yuanchen Technology (688659.SH) announced that the company held the third meeting of the fourth board of directors on April 14, 2026. The meeting reviewed and approved the proposal on continuing to use temporarily idle raised funds and own funds for cash management. The company agreed to use no more than RMB 60 million (inclusive) of temporarily idle raised funds and no more than RMB 100 million (inclusive) of temporarily idle own funds for cash management, ensuring that such usage will not affect the safety of the raised funds, the progress arrangement of investment projects, or the normal business operations of the company. These funds will be used to purchase

Gelonghui FinanceApr 14 16:54