XiAn ChenXi Aviation Technology Corp Ltd

Chenxi Aviation released its 2026 interim report. The company's total operating revenue was 36.42 million yuan, with a net loss attributable to the parent company of 33.27 million yuan, and a net cash outflow from operating activities of 53.88 million yuan. The company's latest asset-liability ratio was 21.02%, gross margin was 42.45%, return on equity was negative 3.73%, and diluted earnings per share was negative 0.06 yuan. The number of shareholders was 55,000, and the top ten shareholders held 48.51% of the total share capital.

The controlling shareholder of Chenxi Aviation, Xi'an Huiju Technology Co., Ltd., has completed its second share reduction plan this year, cashing out a total of approximately 157 million yuan. According to an announcement on August 10, Huiju Technology sold a combined 15.58 million shares through centralized bidding and block trades between May 8, 2026 and August 7, 2026, representing 2.83% of the total share capital. Based on the average selling price, the cash-out amounted to about 157 million yuan. This follows a previous cash-out of around 200 million yuan completed by Huiju Technology in March this year, bringing the total cashed out through two reductions this year to over 350 million yuan. The company reported net losses for both 2024 and 2025, with a net loss attributable to the parent company of 72.8812 million yuan in 2025, and a further loss of 10.6612 million yuan in the first quarter of 2026. As of August 10, Chenxi Aviation's share price had fallen more than 36% this year.