Shenzhen Zqgame

ZQGame released its 2026 interim report. First-half operating revenue was 62.24 million yuan, down 36.5 percent year on year. Net loss attributable to the parent was 29.53 million yuan, widening from a loss of 24.65 million yuan in the same period last year. Second-quarter revenue was 30.59 million yuan, down 37.2 percent year on year, with a net loss attributable to the parent of 15.18 million yuan. The company said business adjustments led to lower cloud computing and gaming revenue, including ending its distribution agency cooperation with Huawei Cloud and halting the publishing and development of IAA mini-games. As of the end of the second quarter, total assets were 685 million yuan, down 5.7 percent from the end of the previous year.

ZQG Securities Affairs Representative Wang Qing has resigned for personal reasons. On July 24, ZQG announced that the board had received Wang Qing's written resignation, effective upon delivery to the board. Wang Qing will no longer hold any position at the company and does not own any company shares. The company's full-year 2025 revenue was 184 million yuan, down 19.16 percent year-on-year, marking four consecutive years of decline. Net profit attributable to the parent company was a loss of 55.0762 million yuan, the sixth straight year of losses, with the loss widening by 4.43 percent compared to the same period last year. First-quarter 2026 revenue was just 31.6581 million yuan, plunging 35.75 percent year-on-year, while net profit attributable to the parent was a loss of 14.3505 million yuan. As of July 24, ZQG's stock price stood at 8.97 yuan, down 28 percent so far this year.

Zhongqingbao announced that its Securities Affairs Representative Wang Qing has resigned for personal reasons and will no longer hold any position at the company. In the first quarter of 2026, Zhongqingbao reported revenue of 31.66 million yuan and a net loss attributable to the parent company of 14.35 million yuan.