Hainan RuiZe New Building Material Co Ltd

002596.CS▼

Hainan Rui Ze reports net loss of 57.0359 million yuan in 2026 interim report

Hainan Rui Ze released its 2026 interim report, showing total operating revenue of 449 million yuan, down 27.55% year on year, and a net loss attributable to the parent company of 57.0359 million yuan. Net cash inflow from operating activities was 11.7355 million yuan, down 35.93% year on year. The company's asset-liability ratio was 85.69%, gross margin was 11.61%, ROE was negative 11.94%, and diluted earnings per share was negative 0.05 yuan. The number of shareholders was 67,000, and the top ten shareholders held 30.36% of total share capital.

002596.CS ▼

Jiemian·23dRead more →

002596.CS▲

Hainan RuiZe subsidiary plans to invest 60 million yuan to co-develop the Wenluo Town Xinhua mixing plant project

A subsidiary of Hainan RuiZe, Lingshui RuiZe Shuanglin Building Materials Company, plans to invest about 60 million yuan and cooperate with Lingshui Xiangmin Agricultural Development Company to develop the Wenluo Town Xinhua mixing plant project, with a cooperation term of 20 years. According to the announcement, Lingshui RuiZe will invest about 60 million yuan in the form of capital, technology, and equipment, and will be responsible for full investment, construction, and operation management. Lingshui Xiangmin will contribute about 36.4 mu of collective industrial land, with an appraised value of 5.7561 million yuan, as its cooperation input and will receive a fixed annualized return of no less than 800,000 yuan per year for years one through five, increasing by 20 percent every five years thereafter. After the project goes into operation, annual production capacity will be no less than 240,000 cubic meters. The company said this cooperation is needed because the area where the original Lingshui mixing plant was located has been affected by planning adjustments and must be relocated, and the project will achieve business relocation and upgrading. The company also cautioned that project construction and operation still require relevant administrative approval procedures, and after production begins it may face risks such as raw material price fluctuations and changes in market demand.

002596.CS ▲

Jiemian·33dRead more →

002596.CS▼

Hainan Ruizhe expects net loss attributable to parent of 49.5 million to 67.5 million yuan in first half of 2026

Hainan Ruizhe disclosed an earnings forecast, expecting a net loss attributable to the parent of 49.5 million to 67.5 million yuan in the first half of 2026, compared with a loss of 68.0317 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 51 million to 69 million yuan, compared with a loss of 78.6933 million yuan a year earlier. The company stated that intensified competition in the commercial concrete market and declining sales prices, along with a drop in raw material comprehensive costs that was smaller than the decline in selling prices, led to a decrease in revenue and gross margin for this business. Revenue from the municipal sanitation business also fell due to fierce regional competition. At the same time, the company stepped up collection of long-aging receivables, resulting in a year-on-year decrease in impairment loss provisions for the period, and increased investment income from the improved performance of its associates.

002596.CS ▼

中国证券报·67dRead more →

002596.CS▼

Hainan Ruize adds nearly 200 million yuan in new litigation exposure in first half, bank accounts of 12.6 million yuan frozen

Hainan Ruize added nearly 200 million yuan in new litigation exposure in the first half, accounting for over 30% of its latest audited net assets, while some bank accounts of the company and its subsidiaries were frozen for 12.6 million yuan due to lawsuits. In the first half of 2026, the company and its subsidiaries filed 84 new lawsuits as plaintiffs, involving 138 million yuan, or 25.81% of net assets; as defendants, they had 18 new unresolved lawsuits, involving 60.09 million yuan, or 11.24% of net assets. The company said the proactive lawsuits aim to speed up collection of accounts receivable, but the large-scale litigation reflects difficulties in downstream payments and a tight cash chain. In addition, the company's revenue has declined for five consecutive years, with continuous losses from 2021 to 2025, and 45.9 million shares held by the actual controller Zhang Yilin will be auctioned by the court on July 23. As of the close on July 8, Hainan Ruize's stock price was 2.77 yuan, down about 49% for the year.

002596.CS ▼

读创财经·73dRead more →