Fujian Nanping Sun Cable Co Ltd

Sun Cable released its 2026 interim report, with total operating revenue of 6.66 billion yuan and net profit attributable to the parent of 18.6565 million yuan, down 68.83% from the same period last year. Net cash flow from operating activities was negative 554 million yuan, a decrease of 129 million yuan year on year. The company's asset-liability ratio was 65.51%, gross margin was 2.41%, ROE was 0.98%, and diluted earnings per share was 0.03 yuan. The number of shareholders was 83,800, and the top ten shareholders held 51.63% of total share capital.

Sun Cable announced that shareholder Fujian Yili Group, which holds more than 5% of the company, reduced its stake by 2.86 million shares through centralized bidding on August 10, 2026, accounting for 0.4% of total share capital. After this reduction, Yili Group's shareholding ratio decreased from 10.4% to 10%.