On November 4, at the third quarterly results meeting, Mao Jiaming, Chairman of Honghe Technology, explained that Huangshi Honghe High Performance Special Electronic Yarn is already under construction due to short supply in the market. H share listing financing is one of the funding sources for the expansion of the Huangshi project. The company has already started construction through financing methods such as own capital, bank loans, and production capacity guarantees. From January to September 2026, special cloth revenue accounted for about 30% to 40% of electronic cloth. As the production capacity of specialty electronic cloth increases, it is expected that the share of special cloth revenue will continue to increase.

Zhitongcaijing · 1d ago
On November 4, at the third quarterly results meeting, Mao Jiaming, Chairman of Honghe Technology, explained that Huangshi Honghe High Performance Special Electronic Yarn is already under construction due to short supply in the market. H share listing financing is one of the funding sources for the expansion of the Huangshi project. The company has already started construction through financing methods such as own capital, bank loans, and production capacity guarantees. From January to September 2026, special cloth revenue accounted for about 30% to 40% of electronic cloth. As the production capacity of specialty electronic cloth increases, it is expected that the share of special cloth revenue will continue to increase.