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Zhejiang Zhengyuan Zhihui Technology Co Ltd

Zhengyuan Zhihui Group Co., Ltd., together with its subsidiaries, provides solutions and services for smart campuses in China. Its offerings include higher education solutions such as library, digital twin, data platform and governance, teaching, space, apartment, student affairs, IoT platform, portal and one-stop online services, laboratory, catering, and green campus solutions. It also provides basic education solutions covering education supervision, admissions, evaluation, canteen, administrative office, campus card management, home-school communication, teacher and student management, academic affairs, fee collection, self-service, data application, and smart entry and exit. In addition, the company offers government and enterprise solutions, cloud service solutions for smart campuses and smart parks, and operational service solutions for air conditioners, hot water, vending machines, door locks, printing machines, direct drinking water, hair dryers, integrated operations, charging stations, washing machines, and dryers. Founded in 1994, the company is based in Hangzhou, China.

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300645.CS

Zhengyuan Zhihui first-half revenue hits 510 million yuan, loss narrows to 16.89 million yuan

Zhengyuan Zhihui released its 2026 interim report on August 26. First-half operating revenue reached 510 million yuan, up 11.0 percent year on year. Net loss attributable to the parent company was 16.89 million yuan, narrowing from a loss of 18.74 million yuan in the same period last year. Second-quarter revenue was 311 million yuan, up 15.7 percent year on year, while the net loss attributable to the parent company was 5.07 million yuan, down from a loss of 6.82 million yuan a year earlier. As of the end of the second quarter, total assets stood at 3.095 billion yuan, up 3.3 percent from the end of the previous year, and net assets attributable to the parent company were 1.109 billion yuan, up 1.4 percent. The company focuses on education informatization, has launched a smart campus product system, and continues to advance investment and operation businesses such as self-service laundry and IoT air-conditioning leasing.
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Final Ruling Upholds Original Verdict in Market Manipulation Case Involving Zhengyuan Zhihui's Actual Controller

Zhengyuan Zhihui announced that it has received the Criminal Ruling from the Zhejiang Provincial High People's Court, delivered by Chen Jian, the company's actual controller. The final ruling upholds the original verdict. Previously, Chen Jian was sentenced to three years in prison, suspended for three years and six months, and fined 6.5 million yuan for market manipulation. The company stated that Chen Jian does not serve as a director or senior executive, and the ruling concerns personal conduct that will not have a material impact on production and operations. The company's operations are currently normal.