State Grid Yingda Co Ltd

State Grid Yingda released its 2026 interim report, with total operating revenue of 5.72 billion yuan, up 7.80% year on year, and net profit attributable to the parent of 1.2 billion yuan, up 4.61% year on year, marking a fourth consecutive year of growth. Net cash flow from operating activities was negative 1.649 billion yuan, the asset-liability ratio was 43.09%, gross margin was 11.86%, return on equity was 5.02%, and diluted earnings per share were 0.21 yuan. Total asset turnover was 0.12 times, inventory turnover was 2.69 times, the number of shareholders was 68,700, and the top ten shareholders held 82.58% of the shares.

The actual controller of Yingda Futures Co., Ltd. has been approved to change to China National Petroleum Corporation. CNPC Capital announced that its wholly-owned subsidiary, CNPC Capital Co., Ltd., acquired 100% equity of Yingda Futures held by Yingda Securities for 1.129 billion yuan. The transaction has been approved by the State-owned Assets Supervision and Administration Commission of the State Council and recently received approval from the China Securities Regulatory Commission. State Grid Yingda previously stated that the transfer of 100% equity of Yingda Futures by its wholly-owned subsidiary Yingda Securities is conducive to focusing on its main business and optimizing its business structure. Yingda Futures was established in 1996, with a registered capital of 658 million yuan, and has branches in multiple locations across the country.