IT Home: Demingli Reports 5201% Net Profit Growth in First Half

Chinese technology outlet IT Home has reported Demingli's financial results for the first half of 2026, revealing significant growth. The company's net profit attributable to the parent company reached 6.017 billion yuan (approximately $825 million), a substantial increase of 5201.6% compared to the previous year. During the same period, revenue climbed to 16.911 billion yuan, marking a 311.55% rise.

The report indicates that the company's profit after deducting non-recurring items (扣非净利润) stood at 5.966 billion yuan, a 4975.97% increase. Earnings per share were reported at 26.76 yuan, up 5149.06% year-over-year. Demingli also proposed a significant dividend distribution: 15 yuan in cash per share and a stock dividend of 4 shares for every 10 held.

Despite the strong profit figures, the company experienced a negative operating cash flow of -6.736 billion yuan, a decrease of 1041.54%. Concurrently, the company is actively pursuing financing and has plans for an equity-based public offering.

Demingli has also updated its corporate governance by electing a new board of directors and appointing new senior management. Shareholders saw a portion of their restricted shares become available for sale in July 2026. The company has secured credit facilities exceeding 12 billion yuan from financial institutions to support its business expansion.