Ninestar Corp

Bentu Technology released its 2026 half-year report, posting net profit attributable to the parent of 87.29 million yuan, swinging from a loss to a profit year on year. Operating revenue was 4.564 billion yuan, down 63.0 percent year on year. Net profit attributable to the parent excluding non-recurring items was 46.43 million yuan, compared with a loss of 165 million yuan in the same period last year. Second-quarter net profit attributable to the parent was 22.74 million yuan, compared with a loss of 396 million yuan a year earlier. The company said overall printer industry sales declined, global printer shipments fell 3.6 percent, laser printer sales in the Chinese market dropped 9.3 percent year on year, and sales in the information technology application innovation market plunged 74.87 percent.

Pantum Technology has increased its claim against PAG in a shareholder infringement lawsuit from approximately 3.2 billion yuan to 4.95 billion yuan. The company alleges that PAG abused its shareholder rights, refused to provide support after Lexmark International was added to the U.S. Entity List, and forced Pantum Technology to sell Lexmark International at a market low, causing economic losses exceeding 1 billion dollars. The case stems from a 2016 snake-swallows-elephant deal in which the two parties, together with Legend Capital, jointly acquired Lexmark International for a total consideration of nearly 3.9 billion dollars. Following the impact of the Entity List, Lexmark International posted a net loss of 1.268 billion dollars in 2023, and Pantum Technology sold its entire stake in Lexmark International for 1.5 billion dollars at the end of 2024. The case has been filed with the Zhuhai Intermediate People's Court and has yet to be heard.