Guangdong Wanlima Industry Co Ltd

Wanlima released its 2026 interim report, showing first-half operating revenue of 249 million yuan, up 12.4% year on year, while net profit attributable to the parent narrowed from a loss of 35.88 million yuan in the same period last year to a loss of 1.09 million yuan. In the second quarter, the company's operating revenue was 134 million yuan, down 2.1% year on year, and the net loss attributable to the parent was 3.91 million yuan, an improvement from a loss of 22.96 million yuan in the same period last year. As of the end of the second quarter, the company's total assets were 526 million yuan, down 9.80% from the end of the previous year, while net assets attributable to the parent were 169 million yuan, up 1.33% from the end of the previous year. The company mainly produces leather goods and personal protective equipment, and provides e-commerce platform operation services through its controlling subsidiaries Chaoqi Technology and Yudao Technology. During the reporting period, the company adjusted or closed some stores that failed to meet expectations, leading to a decline in the number of offline stores, but the sales scale of its group-buying business remained at a high level.