Guangdong Dtech Technology (301377) investor relations material

Executive summary

• Revenue for H1 2026 reached ¥1.94 billion, up 114.85% year-over-year, with net profit attributable to shareholders at ¥679 million, up 325.12% year-over-year.

• Precision cutting tools, especially PCB drill bits, drove explosive growth, with high-end product mix and global expansion accelerating.

• Overseas revenue grew 174.18% year-over-year, with successful ramp-up in Thailand and integration of German and Japanese subsidiaries.

• R&D investment increased 54.6% year-over-year, focusing on AI PCB, high aspect ratio drills, and advanced coatings.

• Cash dividend of ¥10 per 10 shares proposed, totaling ¥424 million, representing 100% of distributable profit.

Financial highlights

• Operating income: ¥1.94 billion, up 114.85% year-over-year.

• Net profit attributable to shareholders: ¥679 million, up 325.12% year-over-year.

• Gross margin for precision cutting tools: 55.35%, up 16.68 percentage points year-over-year.

• Basic and diluted EPS: ¥1.66, up 325.64% year-over-year.

• Total assets: ¥6.46 billion, up 42.36% from year-end 2025.

• Net cash from operating activities: -¥45.48 million, down from -¥29.40 million year-over-year.

Outlook and guidance

• Continued focus on high-end PCB tools, AI server, and semiconductor applications.

• Ongoing global capacity expansion, especially in Southeast Asia and Europe, to mitigate geopolitical risks.

• Expectation of improved yield and efficiency in functional film materials in H2 2026.