[GFDX] Tgood: Buyback Demonstrates Confidence, 26H1 Results High Growth, Overseas and AIDC Continue to Break Through

English summary

[发]# Event On July 30, the company announced a buyback of RMB 300-600 million through centralized bidding, accounting for approximately 0.57%-1.13% of total share capital, with a buyback price cap of RMB 50/share, 48% higher than the closing price. [发]# 26H1 results high growth According to the company's semi-annual results preview, 26H1 net profit attributable to shareholders is RMB 390-460 million, +20%-40% YoY; non-GAAP net profit attributable to shareholders is RMB 310-380 million, +25%-51% YoY. [发]# Internationalization process accelerating In H1, the company obtained core supplier qualification from Saudi National Energy Company (SE), becoming the first supplier of 380kV and below high-voltage prefabricated substations. The Saudi 110kV prefabricated substation bidding is expected to start in Q3; completed the delivery and energization of the world's first 400kV high-voltage prefabricated substation; in addition, it also made breakthroughs in Northern Ireland, Australia and other regions.…