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Luenmei Quantum Co Ltd

Luenmei Quantum Co., Ltd provides integrated energy services in China. Its offerings include clean heating via thermoelectric integrated generation, energy services for industrial parks and large and medium-sized public buildings, and distributed heating and cooling services. It also provides management services such as heating and cooling for urban residents. Formerly Luenmei Holding Co., Ltd, it changed its name in November 2016, was founded in 1999, and is based in Shenyang, China. It is a subsidiary of Lianzhong New Energy Co., Ltd.

Price · split & dividend adjusted
News & notes moving 600167.CG
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Lianmei Holdings Co-Chairman Wang Zhoubo and President Lu Chengsong Resign on Same Day; Li Liangjian and Wang Zhenyu Quickly Fill Roles

After market close on September 15, Lianmei Holdings announced that director and co-chairman Wang Zhoubo resigned due to retirement, and director and president Lu Chengsong resigned due to work adjustments. On the same day, the company's board approved the appointment of Li Liangjian as president and Wang Zhenyu as executive vice president. The announcement showed that both Wang Zhoubo and Lu Chengsong left early on September 14, 2026, although their original terms were set to expire on December 2, 2027. After leaving, neither will hold positions in the listed company or its controlled subsidiaries, and there are no outstanding public commitments. The company said their departures did not reduce the board below the statutory minimum, it will complete director by-elections as soon as possible, and the departures will not affect production or operations. As of the announcement date, Li Liangjian and Wang Zhenyu held no company shares and had no related-party relationships with the controlling shareholder, actual controller, other directors, senior management, or shareholders holding more than 5 percent. The earlier semi-annual report showed Lianmei Holdings achieved operating revenue of 1.735 billion yuan in the first half of 2026, down 8.59 percent year on year, and net profit attributable to shareholders of the listed company of 334 million yuan, down 36.40 percent year on year. Clean energy integrated services revenue was 1.507 billion yuan, and advertising publishing business revenue was 217 million yuan.
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Lianmei Holdings' 2026 interim net profit was 334 million yuan, down 36.40% year on year

Lianmei Holdings released its 2026 interim report. During the reporting period, the company's total operating revenue was 1.735 billion yuan, down 8.59% from the same period last year. Net profit attributable to the parent company was 334 million yuan, down 36.40% year on year. Net cash flow from operating activities was negative 366 million yuan. The asset-liability ratio was 20.58%, and the gross margin was 34.83%, down 4.39 percentage points from the same period last year. Diluted earnings per share were 0.15 yuan, down 36.39% year on year. The company had 33,100 shareholders, and the top ten shareholders held 84.06% of the total share capital.
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Lianmei Holdings 2026 Interim Report: Revenue Declines Across Both Core Businesses, Net Profit Falls Over 30%

Lianmei Holdings released its 2026 interim report on August 28. During the reporting period, the company achieved operating revenue of 1.735 billion yuan, down 8.59% year on year. Net profit attributable to the parent company was 334 million yuan, down 36.40% year on year. Non-GAAP net profit was 401 million yuan, down 19.71% year on year. The company operates two core businesses: clean heating and high-speed rail digital media. The clean heating segment generated revenue of approximately 1.507 billion yuan, while the high-speed rail digital media segment, Zhaoxun Media, generated revenue of 217 million yuan. The decline in profit was mainly dragged down by a net loss of 28.5 million yuan at subsidiary Zhaoxun Media and a loss of 86.59 million yuan from changes in the fair value of financial assets. The company proactively reduced interest-bearing debt, with short-term borrowings down 51.27% from the end of the previous year to 745 million yuan, and finance costs turned into a net gain. Looking ahead, the clean heating business is expected to benefit from green and low-carbon transition policies, but the company still faces risks such as raw material price fluctuations and reduced advertising spending by advertisers.
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为清洁供热业务和高铁数字传媒业务·22dRead more →
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Lianmei Holdings receives stock buyback loan commitment of up to 180 million yuan from ICBC

Lianmei Holdings announced that it has obtained a commitment letter from the Shanghai Jinshan Sub-branch of Industrial and Commercial Bank of China, pledging a loan amount of up to 180 million yuan with a term of no more than three years, to support the company's buyback of A-shares through centralized bidding.
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