Financial Performance and Recent Developments of Daheng New Epoch Technology Inc.

Daheng New Epoch Technology Inc. (ticker 600288), listed on the Shanghai Stock Exchange, is a Beijing‑based information technology firm that designs and manufactures a broad portfolio of products, including network storage solutions, virtual‑reality software, fine films for fibre‑optic applications, laser‑processed packaging materials, radiotherapy equipment, and digital broadcasting systems. Its market capitalization stands at 6 480 000 000 CNY.

2025 Third‑Quarter Results

  • Total operating revenue: 1 296 405 811.96 CNY (≈ 12.96 bn CNY), representing a year‑on‑year increase of 13.11 %.
  • Net profit attributable to shareholders: 68 738 990.09 CNY (≈ 68.7 mn CNY), a rise of 1 960.72 % compared with the same period in 2024. This marks a transition from a loss in 2024 to a profit in the first nine months of 2025.
  • Basic earnings per share: 0.1574 CNY.
  • Cost and expense profile:
    • Operating cost: 828 mCNY, up 13.24 %.
    • Other operating expenses: 448 mCNY, down 2.48 %.
    • After deducting costs and expenses, the company reported a turn‑around profit of 68.7 mn CNY.

The substantial profit growth is attributed to increased sales of certain product lines, cost reductions that raised gross margins, and gains from the sale of shares in the subsidiary Jiangtan.

Stock Market Context

  • Close price (2025‑10‑23): 14.83 CNY.
  • 52‑week high: 15.19 CNY (2025‑10‑20).
  • 52‑week low: 7.20 CNY (2025‑04‑08).
  • Price‑to‑earnings ratio: –257.27, reflecting the recent surge in earnings relative to the share price.

Corporate Governance

On 28 October 2025, the board nomination committee released its review of director candidates. The document, accessible through the company’s filings, outlines the selection process and highlights the committee’s commitment to maintaining robust corporate governance standards.

Industry Position

Daheng New Epoch operates within the Information Technology services sector, offering both hardware (network storage, fine films) and software (virtual reality, digital broadcast systems) solutions. Its diversified product mix positions it to capitalize on growth in data storage demand, immersive media technologies, and medical imaging equipment.

The company’s recent earnings release demonstrates a significant turnaround, with revenue growth and a sharp increase in net profit. Market participants will likely assess the sustainability of this performance and the company’s strategic initiatives across its technology portfolio.