Tiandi Science & Technology (600582) investor relations material

Executive summary

• Revenue for H1 2026 was RMB 12.56 billion, down 11.01% year-over-year, with net profit attributable to shareholders at RMB 734.65 million, a 64.68% decrease year-over-year.

• Operating cash flow improved, with net outflow narrowing to RMB -3.17 billion from RMB -3.80 billion year-over-year.

• The company maintained a strong focus on innovation, digital transformation, and international expansion, with significant progress in R&D and new business lines.

• No interim dividend or capital increase from reserves was proposed for the period.

Financial highlights

• Operating income: RMB 12.56 billion, down 11.01% year-over-year.

• Net profit attributable to shareholders: RMB 734.65 million, down 64.68% year-over-year.

• Basic and diluted EPS: RMB 0.178, down 64.61% year-over-year.

• Gross margin and net margin both declined, with gross profit impacted by lower procurement prices from major customers.

• Net assets at period end: RMB 25.11 billion, down 1.92% from year-end 2025.

Outlook and guidance

• The company expects continued high demand for intelligent, green, and low-carbon coal equipment, with ongoing transformation toward digital and international markets.

• Management highlights macroeconomic and industry risks but remains confident in long-term growth through innovation and diversification.