ShenZhen GAD Environmental Technology Co. Ltd.

Zhonglan Environmental Technology released its 2026 interim report. Total operating revenue was 242 million yuan, down 16.94 percent year-on-year. Net profit attributable to the parent company was 7.33 million yuan. Net cash flow from operating activities was 74.43 million yuan. The latest asset-liability ratio stands at 36.76 percent, up 1.90 percentage points from the previous quarter. The company's latest gross margin is 22.76 percent, down 4.87 percentage points quarter-on-quarter and down 1.53 percentage points year-on-year. The latest return on equity is 0.82 percent. Diluted earnings per share were 0.07 yuan. Total asset turnover was 0.17 times, down 5.02 percent year-on-year. Inventory turnover was 9.60 times. The number of shareholders is 8,657. The top ten shareholders hold 72.30 million shares, accounting for 51.61 percent of the total share capital.