Zhengyuan Dixin released its 2026 interim report, showing its first-half net loss widened to 76.37 million yuan, compared with a loss of 48.11 million yuan in the same period last year. Operating revenue was 226 million yuan, down 19.6 percent year on year, with a non-GAAP net loss of 77.41 million yuan and net operating cash flow of negative 67.07 million yuan. Second-quarter revenue was 125 million yuan, down 10.9 percent year on year, with a net loss of 43.85 million yuan. The company said the market environment and industry competition have intensified, and new orders fell short of expectations. Within its main business, underground pipeline network safety operation and maintenance technical services rose to 52.05 percent of revenue, surveying and mapping geographic information technology services accounted for 36.62 percent, and smart city construction and operation services accounted for 11.33 percent. The company is advancing expansion into emerging application scenarios such as the low-altitude economy and intelligent connected vehicles.
Zhengyuan Geomatics Group Co LtdFirst-half net loss widened to 76.37 million yuan, revenue fell 19.6%, and new orders missed expectations.
