Shenzhen Sunwin Intelligent

ST Saiwei released its 2026 interim report. As of June 30, the company's total operating revenue was 70.56 million yuan, net profit attributable to the parent was a loss of 18.02 million yuan, and net cash flow from operating activities was a negative 155,800 yuan, a decrease of 32.53 million yuan compared with the same period last year, down 100.48 percent year on year. The asset-liability ratio reached 222.00 percent, an increase of 130.27 percentage points from the same period last year. Gross margin was 32.90 percent, down 8.87 percentage points year on year. Diluted earnings per share were negative 0.02 yuan. The number of shareholders was 35,600, and the top ten shareholders held 14.14 percent of total share capital.

ST Sunwin announced that 10 million unrestricted tradable shares held by its controlling shareholder and actual controller Zhou Yong will be subject to judicial enforcement, accounting for 15.52 percent of his holdings and 1.31 percent of the company's total share capital. The enforcement stems from a loan contract dispute involving Shenzhen Zhaoping Topology No. 4 Investment Partnership and Zhou Xinhong, Zhou Yong, and others. As the parties subject to enforcement failed to fulfill obligations determined by effective legal documents, the Nanshan District Court ruled to auction, sell, or compulsorily sell the above shares to settle the debts. The company's audited net assets for 2025 were negative, and it has been placed under delisting risk warning. Moreover, its net profits before and after deducting non-recurring items have been negative for the last three fiscal years, and it continues to be under other risk warnings. The company has signed a pre-restructuring investment agreement, but there is a risk that it cannot be performed.