Zhaoxin Shares' First-Half Net Profit Rises 19.93% Year on Year as New Energy Push Begins to Pay Off

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Zhaoxin Shares disclosed its 2026 semi-annual report on the evening of August 27. In the first half, the company achieved operating revenue of 209 million yuan, up 0.55% year on year, and net profit attributable to shareholders of the listed company of 3.68 million yuan, up 19.93% year on year. After excluding the impact of share-based payments, net profit was 27.81 million yuan. The company's fine chemicals segment posted first-half operating revenue of 139 million yuan, up 33.09% year on year, contributing stable revenue. In the new energy segment, the company completed the acquisition of a 70% stake in Youde New Energy and consolidated it into its financial statements. Its smart operations and maintenance business generated total revenue of 17.47 million yuan, accounting for 8.34% of total operating revenue. In addition, the company made a strategic entry into the lithium extraction from salt lakes sector. Through resource complementarity with Qinghai Jintai, it is strengthening its ability to secure a position in this core resource sector, and plans to extend toward integrated salt lake and new energy development as well as smart salt lake operations.

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Private▲ PositiveCapitalrelevance

Zhaoxin completed acquisition of a 70% stake in Youde New Energy and consolidated it into its financial statements.

青海锦泰i
Private▲ PositiveDemandrelevance

Zhaoxin partners with Qinghai Jintai for resource complementarity in salt-lake lithium extraction, strengthening its position in the sector.