Rongfeng Holding Group

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Rongfeng Holdings reports net loss of 24.13 million yuan in 2026 interim report

Rongfeng Holdings released its 2026 interim report, with net profit attributable to the parent company at a loss of 24.13 million yuan. The company's total operating revenue was 124 million yuan, and net cash outflow from operating activities was 40.98 million yuan, a year-on-year decline of 238.16%. The company's latest asset-liability ratio was 37.55%, gross margin was 1.96%, ROE was -3.28%, and diluted earnings per share was -0.16 yuan.

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Rongfeng Holding 75-Year-Old Director Yin Jianjun Passes Away Due to Illness, Company Shares Just Hit Two Consecutive Daily Limit Ups

Rongfeng Holding announced that Yin Jianjun, a director of the company's eighth, ninth, tenth, and eleventh boards, passed away due to illness in Beijing on July 22, 2026, at the age of 75. Following Yin Jianjun's passing, the number of current directors has decreased from seven to six, falling below the number stipulated in the company's articles of association. The company will complete the by-election of directors as soon as possible. Yin Jianjun previously served at several listed companies, including Mingjiahui and Yaoji Technology, and had been serving on Rongfeng Holding's board for nearly ten years since December 2016. Just before the announcement, Rongfeng Holding's shares had just hit two consecutive daily limit ups, surging a cumulative 21.03 percent from July 23 to 24.

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Rongfeng Holding Director Yin Jianjun Passes Away at 75

Mr. Yin Jianjun, a director of Rongfeng Holding Group Company Limited, passed away in Beijing on July 22, 2026, at the age of 75. Mr. Yin served as a director on the company's eighth, ninth, tenth, and eleventh boards, as well as a member of the Remuneration and Assessment Committee and the Audit Committee. During his tenure, he performed his duties with diligence and dedication. Following his passing, the number of current directors has decreased from seven to six, which remains above the statutory minimum but falls below the number required by the company's articles of association. The company will complete the by-election of directors as soon as possible in accordance with legal procedures.

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Rongfeng Holding expects a loss of 23 million to 28 million yuan in the first half of 2026

Rongfeng Holding disclosed its performance forecast, expecting a net loss attributable to shareholders of 23 million to 28 million yuan in the first half of 2026, compared to a loss of 25.0167 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 24.5 million to 29.5 million yuan, compared to a loss of 23.9382 million yuan in the same period last year. Basic loss per share is expected to be between 0.16 yuan and 0.19 yuan. Based on the closing price on July 14, the company's current price-to-earnings ratio is approximately 98.54 to 119.81 times, the price-to-book ratio is approximately 3.83 times, and the price-to-sales ratio is approximately 7.32 times.

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