Xinke Material

Xinke Materials has released its 2026 interim report, with net profit attributable to the parent company at 42.61 million yuan, a year-on-year increase of 115.97%. The company's total operating revenue was 2.723 billion yuan, up 25.55% year-on-year, marking three consecutive years of growth. Net cash outflow from operating activities was 385 million yuan, an increase of 251 million yuan compared to the same period last year. The asset-liability ratio rose to 60.22%, gross margin was 7.98%, and ROE stood at 2.84%.

Xinke Materials released its 2026 interim report, with net profit attributable to the parent company of 42.61 million yuan, a year-on-year increase of 115.97%. The company's total operating revenue was 2.723 billion yuan, up 25.55% year-on-year, achieving growth for three consecutive years. Net cash outflow from operating activities was 385 million yuan, the asset-liability ratio was 60.22%, and the gross margin was 7.98%, up 0.99 percentage points year-on-year.

Xinke Materials announced that it plans to use its own and self-raised funds to acquire a 10% minority stake in its controlled subsidiary Xinke Copper from each of Chongzuo Industrial Investment and Guangxi Tongzheng, totaling a 20% equity interest. Upon completion of the transaction, Xinke Materials will hold 100% of Xinke Copper, making the latter a wholly-owned subsidiary of the company.