Zhongli Science and Technology Group Co Ltd

Zhongli Group released its 2026 interim report, with net profit attributable to the parent company of 115 million yuan, an increase of 186 million yuan compared with the same period last year, turning losses into profits. The company's total operating revenue was 1.478 billion yuan, up 76.57 percent year on year. Net cash flow from operating activities was negative 462 million yuan, down 165.66 percent year on year. The company's latest asset-liability ratio was 60.10 percent, gross margin was 9.08 percent, and ROE was 5.80 percent.

Zhongli Group disclosed its earnings forecast, expecting net profit attributable to the parent of 100 million to 140 million yuan in the first half of 2026, turning from a loss to a profit year-on-year, compared with a loss of 71.217 million yuan in the same period last year. The non-recurring net loss is expected to be 75 million to 95 million yuan, narrowing from a loss of 108 million yuan in the same period last year. The company stated that the turnaround in net profit attributable to the parent was mainly due to the recognition of a large debt restructuring gain in the current period, while the reduction in non-recurring net loss was driven by the gradual recovery of production and operations, a year-on-year increase of over 50 percent in main business revenue, and a decline in period expenses such as administrative expenses.