Ningxia Western Venture Industrial Co Ltd

Western Venture released its 2026 interim report on August 26. In the first half of the year, it achieved operating revenue of 707 million yuan, up 10.24 percent year on year. Total assets stood at 7.075 billion yuan, and net assets attributable to the parent company were 6.386 billion yuan, up 0.81 percent from the beginning of the year. The asset-liability ratio was only 9.74 percent, reflecting a sound financial structure. The company has focused on its core railway transport business in the Ningdong Energy and Chemical Base. In the first half of the year, freight volume hit a record high, the electrification upgrade was fully put into operation, and the Shanggouwan Logistics Park entered trial operation, with multiple operating indicators setting new records. Net cash flow from operating activities was 236 million yuan, up 14.38 percent year on year. Cash reserves were ample at nearly 1.9 billion yuan, laying a solid foundation for sustained development.