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Honghe Technology: Q1 Electronic Grade Fiberglass Cloth Sales Hit RMB 435 Million, Prices Soar by 116.85% Year-on-Year
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Author：小编
Honghe Technology has unveiled its operational performance for the first quarter of 2026. From January to March, the company produced 46.881 million meters of electronic grade fiberglass cloth, with sales reaching 44.49 million meters, generating revenue of approximately RMB 435 million. The average selling price of the product surged from RMB 4.51 per meter in the same period last year to RMB 9.78 per meter, marking a significant increase of 116.85%. Meanwhile, the average purchase price of the primary raw material, electronic grade fiberglass yarn, escalated from RMB 17.56 per kilogram to RMB 53.83 per kilogram, reflecting a substantial rise of 206.55%.
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