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Fujian Zhangzhou Development Co Ltd

Fujian Zhangzhou Development Co., Ltd. operates in water resources development and utilization, new energy, digital technology, and fuel vehicle sales in China and internationally. Its businesses include water affairs, sewage treatment, car sales, real estate, tap water production, automobiles, information system integration, electricity, and other engineering construction activities. The company was formerly known as Fujian Shining Group Co., Ltd. It was founded in 1994 and is based in Zhangzhou, China.

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Zhangzhou Development's 2026 interim net profit reaches 43.22 million yuan, up 11.66% year on year

Zhangzhou Development released its 2026 interim report, with net profit attributable to the parent company of 43.22 million yuan, an increase of 4.51 million yuan from the same period last year, up 11.66% year on year, achieving growth for three consecutive years. The company's total operating revenue was 1.085 billion yuan, and net cash outflow from operating activities was 49.62 million yuan, an increase of 154 million yuan in net inflow compared with the same period last year. The latest asset-liability ratio was 64.29%, down 3.76 percentage points year on year; gross margin was 20.90%, up 2.27 percentage points year on year; diluted earnings per share was 0.03 yuan.
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Zhangzhou Development first-half net profit 43.2244 million yuan, up 11.66% year on year

Zhangzhou Development disclosed its 2026 interim report. In the first half, it achieved operating revenue of 1.085 billion yuan, down 15.78% year on year. Net profit attributable to shareholders of the listed company was 43.2244 million yuan, up 11.66% year on year. Basic earnings per share were 0.0272 yuan. During the reporting period, the company saw an increase in collections of accounts receivable, including recovery of certain long-aged receivables.
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Zhangzhou Development Announces Indirect Holding of About 3.06 Million Shares in Changxin Technology

Zhangzhou Development announced that Changxin Technology Group, in which its participating fund GF Xinde Xiangcheng Fund invested through Xinde Xincheng Fund, had its initial public offering listed on the STAR Market on July 27, 2026, at an issue price of 8.66 yuan per share. Xinde Xincheng Fund holds about 168 million shares of Changxin Technology, representing 0.25 percent of the total post-IPO share capital. Based on its share of the holding, the company indirectly holds about 3.06 million shares of Changxin Technology. These shares are subject to a 36-month lock-up period, and fluctuations in the stock price may affect the company's financial position.
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