Hong Cheng Eco-friendly Technology (02265.HK) announced a profitable result, with an estimated profit of 20 million to 20.5 million RMB for the six months ending in June, an increase of 90.5%-95.2% compared to the same period in 2023. The revenue is expected to increase by 113.6% to 0.105 billion RMB. This is mainly due to the new sulfuric acid product line operated by the carrier group since late 2023, which has contributed approximately 46.3 million RMB in revenue so far.