Shanghai Dragonnet Tech

ST Tianji disclosed its 2026 semi-annual report on August 28. In the first half of the year, it achieved total operating revenue of 125 million yuan, down 15.14 percent year on year. Net loss attributable to the parent company was 47.55 million yuan, compared with a loss of 46.61 million yuan in the same period last year. Net loss after deducting non-recurring items was 55.22 million yuan, compared with a loss of 47.09 million yuan a year earlier. Net cash flow from operating activities was 26.76 million yuan, compared with negative 73.88 million yuan in the prior-year period. Basic loss per share was 0.16 yuan, and the weighted average return on equity was negative 4.02 percent. The company focuses on the software and information technology services industry and is a leading domestic provider of third-party IT infrastructure services and industry digital transformation solutions.

ST Tianji released its 2026 interim report, showing total operating revenue of 125 million yuan, down 15.14% year-on-year, and a net loss attributable to the parent of 47.5528 million yuan, with the loss widening compared with the same period last year. Net cash inflow from operating activities was 26.7609 million yuan, the asset-liability ratio was 18.41%, gross margin was 11.96%, return on equity was negative 4.22%, and diluted earnings per share was negative 0.16 yuan. The company had 31,500 shareholders, and the top ten shareholders held 29.79% of the total share capital.

ST Tianji released its 2026 interim report. First-half operating revenue was 125 million yuan, down 15.14% year on year. Net loss attributable to the parent was 47.55 million yuan, widening from a loss of 46.6 million yuan in the same period last year. Second-quarter revenue was 61.87 million yuan, down 24.1% year on year, while net loss attributable to the parent was 29.75 million yuan, narrowing from a loss of 37.36 million yuan a year earlier. As of the end of the second quarter, total assets stood at 1.38 billion yuan, down 11.0% from the end of the previous year, and net assets attributable to the parent were 1.127 billion yuan, down 8.04%. The company cautioned that it faces risks from technological innovation and market competition. In particular, technology is iterating rapidly in artificial intelligence and cloud computing, and misjudgments or insufficient research and development investment could weaken its core competitiveness. At the same time, as the information technology application innovation market expands and digital transformation deepens, industry competition is intensifying, with pressure coming from traditional IT service providers, large cloud vendors, and emerging technology companies. The company plans to continue increasing research and development investment and strengthen its differentiated advantages to enhance customer stickiness and risk resilience.