In the second quarter of 2026, Huahong Grace reported revenue of USD 717.5 million, marking a robust year-on-year increase of 26.8%. Notably, its gross margin stood at 16.5%, outperforming market expectations. However, the net profit for the quarter amounted to USD 38.6 million, falling slightly short of estimates. Looking ahead, the company anticipates its revenue for the third quarter to range between USD 770 million and USD 780 million, with a projected gross margin of 16% to 18%—both figures falling below market estimates.