Guangdong Jinma Entertainment Corp Ltd

Jinma Amusement disclosed its 2026 semi-annual report on August 26. In the first half, it achieved total operating revenue of 391 million yuan, up 25.53% year-on-year; net profit attributable to the parent company was 45.44 million yuan, up 28.66% year-on-year; and non-GAAP net profit was 45.18 million yuan, up 35.18% year-on-year. Net cash flow from operating activities was 20.55 million yuan, down 66.08% year-on-year. Basic earnings per share were 0.21 yuan, and the weighted average return on equity was 3.08%, up 0.55 percentage points year-on-year. As of the end of the first half, the company's inventory book value was 341 million yuan, accounting for 22.99% of net assets, with an inventory write-down provision ratio of 9.79%.

Golden Horse Entertainment released its 2026 semi-annual report. In the first half, it achieved operating revenue of 391 million yuan, up 25.53 percent year on year. Net profit attributable to the parent company was 45.44 million yuan, up 28.66 percent, and net profit after deducting non-recurring items was 45.18 million yuan, up 35.18 percent. During the first half, the company completed delivery of multiple projects including the Shenzhen Longgang International Art Center, Pop Mart City Park, Xiaogan Fantawild Tourism Zone, and Qingyuan Chimelong Forest Kingdom. As the only Chinese supplier of complete sets of amusement equipment for top international theme parks such as Universal Studios, it has achieved import substitution in high-end amusement equipment. Overseas business accelerated significantly, with international business revenue up 326.05 percent year on year. Overseas sales cover emerging markets such as Southeast Asia, the Middle East and North Africa, and Latin America, and the company has served nearly 50 countries and regions and more than 1,000 cultural tourism venues worldwide. In addition, the company is advancing its embodied intelligence business through both independent research and development and industrial cooperation. Its smart robot retail service stores completed small-batch delivery and generated operating revenue in the first half, and have entered commercial operation at more than 20 locations in cities including Beijing, Shanghai, Nanjing, Hangzhou, and Guangzhou.