Beijing UniStrong Science & Technology Co Ltd

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UniStrong posts net loss of 35.4205 million yuan in 2026 interim report, widening year-on-year

UniStrong released its 2026 interim report, showing total operating revenue of 606 million yuan, down 8.13% year-on-year. Net profit attributable to the parent company was a loss of 35.4205 million yuan, a decrease of 26.3484 million yuan compared with the same period last year, with the loss widening year-on-year. Net cash flow from operating activities was negative 86.8292 million yuan, a year-on-year decrease of 84.9548 million yuan. The asset-liability ratio rose to 49.84%, gross margin fell to 39.85%, and return on equity was negative 2.43%. Diluted earnings per share were negative 0.05 yuan. The number of shareholders was 71,300, and the top ten shareholders held 46.46% of total share capital.

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UniStrong plans to list 65% stake in Shanghai Titan for transfer at initial price of 32.6821 million yuan

UniStrong announced plans to transfer its 65% stake in Shanghai Titan Communication Engineering Co., Ltd. through public listing, with an initial listing price of 32.6821 million yuan. The transaction will be conducted at the Henan Provincial Property Rights Exchange. Shanghai Titan is a non-core asset of UniStrong and fell into losses in the first four months of this year. Using April 30, 2026 as the valuation base date, the market value of all shareholders' equity was 50.2801 million yuan, compared with a book value of 41.7251 million yuan, representing an appraisal gain of 8.555 million yuan. The company stated that this transaction will help optimize its asset structure, clear non-competitive non-core businesses, and the proceeds will be used to support core technology development and main business operations. UniStrong itself is under performance pressure, with its core net profit after deducting non-recurring items having been in the red for seven consecutive years. In the first half of 2026, it expects a net loss attributable to the parent company of 30 million to 40 million yuan, a year-on-year increase in losses of more than three times.

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UniStrong Expects a Loss of 30 Million to 40 Million Yuan in the First Half of 2026

UniStrong disclosed its earnings forecast, expecting a net loss attributable to the parent company of 30 million to 40 million yuan in the first half of 2026, compared with a loss of 9.0721 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 35 million to 45 million yuan, compared with a loss of 16.183 million yuan a year earlier. The company said the change in performance was mainly due to intensified competition in core segments such as surveying and mapping, leading to fluctuating declines in revenue and profit margins, structural revenue contraction and related disposal costs from exiting non-core businesses, and a planned provision for credit impairment losses of approximately 20 million yuan.

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