Hua Hai Qing Ke (688120.SH) has reported that its revenue for the first quarter of 2026 soared to RMB 1.201 billion, marking a significant year-on-year increase of 31.66%. Additionally, the net profit attributable to shareholders rose to RMB 247 million, reflecting a 5.95% year-on-year growth. This notable performance expansion was primarily fueled by a surge in market share and sales volume for CMP equipment, coupled with the positive progression of other business segments. According to the preliminary performance report for 2025, the net profit for the fourth quarter of 2025 stood at RMB 294 million. However, when comparing quarter-on-quarter, the net profit for the first quarter of 2026 witnessed a 15% decline.
