Hunan Mendale Hometextile Co Ltd

Mengjie Shares released its 2026 half-year report, achieving operating revenue of 763 million yuan, up 2.64% year on year. Net profit attributable to shareholders of the listed company was 34.0159 million yuan, up 41.90% year on year, while net profit after deducting non-recurring items was 30.5904 million yuan, up 35.77%. Net margin rose to 4.46% from 3.23% a year earlier, but gross margin fell 0.53 percentage points year on year to 39.35%. Net cash flow from operating activities was 59.9349 million yuan, down 23.96% year on year, clearly diverging from profit growth. As of the end of the reporting period, the company's short-term borrowings stood at 354 million yuan, its asset-liability ratio was 48.47%, and its current ratio was 0.90, already below the warning level of 1.0, indicating emerging short-term debt repayment pressure. The company will not distribute cash dividends, bonus shares, or convert capital reserves into share capital for the 2026 half year.

Mengjie Home Textile has released its semi-annual report for 2026. In the first half, the company achieved revenue of 763 million yuan, up 2.64 percent year on year, while net profit attributable to shareholders of the listed company reached 34.02 million yuan, up 41.90 percent. The company said it firmly implements its core strategy of high-end bedding products, uses its 70th anniversary as a brand development opportunity, advances its new five plus three store-format profit model, and continues integrated online and offline development across all channels. According to statistics from the China National Commercial Information Center, Mengjie Home Textile has ranked first in high-end bedding market sales for 17 consecutive years. During the reporting period, the company launched Chinese wedding and Chinese intangible cultural heritage series bedding sets, invested 23.93 million yuan in research and development, up 1.71 percent year on year, and carried out intellectual property co-branding partnerships with the China Aerospace Science and Technology International Exchange Center, the Victoria and Albert Museum in the United Kingdom, and Huawei HarmonyOS Connect.