Hangzhou Wensli Silk Culture Co. Ltd.

Wensli released its 2026 interim report, with total operating revenue of 408 million yuan and net profit attributable to the parent company of 19.67 million yuan. Net cash flow from operating activities was negative 44.89 million yuan, a year-on-year decline of 701.44%. The company's asset-liability ratio was 24.50%, gross margin was 46.72%, return on equity was 1.53%, and diluted earnings per share was 0.08 yuan. The number of shareholders was 13,000, and the top ten shareholders held 56.98% of the total share capital.

Hangzhou Wensli Silk Culture Co., Ltd. has established a wholly-owned sub-subsidiary in Macau named Ming Yang Oriental Limited, with a registered capital of 10 million Macanese patacas. The company has completed its registration, with its legal address at 19th Floor, Block C, Nam Tung Commercial Centre, 517 Avenida da Praia Grande, Macau. Its business scope covers import and export, health foods, biotechnology, software development, cosmetics, and apparel and home textiles. The company's board of directors previously approved the investment plan, with a total investment of 25 million yuan over three years, and an initial phase investment of 10 million yuan.