Sichuan Newsnet Media (Group) Co.Ltd.

Sichuan Newsnet Media released its 2026 interim report. Total operating revenue was 125 million yuan, down 7.28% year-on-year. Net profit attributable to the parent company was 741,100 yuan, down 72.94% year-on-year. Net cash inflow from operating activities was 23.1 million yuan, down 0.26% year-on-year. The asset-liability ratio was 23.68%, gross margin was 27.64%, return on equity was 0.09%, and diluted earnings per share was 0.00 yuan. The number of shareholders was 14,400, and the top ten shareholders held 54.02% of total share capital.

Chuanwang Media released its 2026 half-year report. In the first half, it achieved operating revenue of 125 million yuan, down 7.3% year-on-year, while net profit attributable to the parent company was only 740,000 yuan, a sharp year-on-year decline of 72.9%. In the second quarter, the company's net profit attributable to the parent company was a loss of 1.43 million yuan, down 1,305.9% year-on-year. The company said the profit decline was mainly due to shrinking traditional business scale and an increase in deferred income tax expenses. It is currently in a stage of transitioning from old to new growth drivers, with traditional business market share and profit margins narrowing. In the secondary market, the company's share price has fallen 18.42% cumulatively this year.