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ZhongWang Fabric Co. Ltd.

605003.CGCNY
24.50+4.7%1Y · CNY

ZhongWang Fabric Co. Ltd. researches, develops, designs, produces, and sells decorative fabrics and related products in China. Its products are sold in the United States under the Z-WOVENS, SunBelievable, NeverFear, Z-free, and Z-cycle brands. The company serves furniture manufacturers. Founded in 1994, it is based in Hangzhou, China.

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China
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Zhongwang Fabric invests 50 million yuan in private equity fund shares, targeting high-tech sector

Zhongwang Fabric announced that the company, as a limited partner, has committed 50 million yuan of its own funds to invest in Tianjin Lisi XingShen Equity Investment Partnership, a limited partnership, accounting for 0.8306% of the total capital contribution after the new shares. The fund has a target size of 6.02 billion yuan, focusing on early- and mid-stage unlisted companies in high-growth, high-tech sectors.
ZhongWang Fabr…
605003.CG · Capital · Neutral Zhongwang Fabric commits 50 million yuan of its own funds as an LP into a high-tech private equity fund, a financial investment with unclear near-term payoff.
Tianjin Lisi Xingshen Equity Investment Partnership (LP) · Capital · Neutral The partnership receives a 50 million yuan commitment from Zhongwang Fabric, part of its 6.02 billion yuan target focused on high-tech unlisted companies.
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China
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Zhongwang Fabric's 2026 interim report shows net profit of 29.1283 million yuan, down 12.93% year-on-year

Zhongwang Fabric released its 2026 interim report, with net profit attributable to the parent company of 29.1283 million yuan, a decrease of 12.93% compared with the same period last year. The company's total operating revenue was 259 million yuan, up 8.15% year-on-year; net cash inflow from operating activities was 32.7715 million yuan, down 11.50% year-on-year. The company's latest gross margin was 33.29%, an increase of 3.86 percentage points from the same period last year, achieving two consecutive quarters of growth; the latest ROE was 2.03%, a decrease of 0.32 percentage points from the same period last year. The company's diluted earnings per share was 0.26 yuan, down 13.33% year-on-year.
ZhongWang Fabr… ▼
605003.CG · Capital · Negative Net profit fell 12.93% year-on-year, with diluted EPS down 13.33%.
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ChinaUnited States
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Zhongwang Fabric's Wholly-Owned Subsidiary Receives Approximately 9.68 Million Yuan in US Tariff Refunds

Zhongwang Fabric announced that its wholly-owned subsidiary Z-WOVENS has received a total of 1.4261 million US dollars in US tariff refunds, equivalent to approximately 9.6832 million yuan, accounting for 13.36% of the company's most recent audited annual net profit. The above amount is planned to be recorded in the current profit and loss for 2026, and does not involve adjustments to prior year profits and losses.
ZhongWang Fabr… ▲
605003.CG · Tariff · Positive Subsidiary receives US tariff refunds, boosting profit.
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