Shang Hai Ya Tong Co Ltd

Yatong Co., Ltd. released its 2026 interim report, showing total operating revenue of 1.154 billion yuan, up 444.09% year-on-year. Net profit attributable to the parent company was 18.98 million yuan, an increase of 29.30 million yuan compared with the same period last year, turning a loss into a profit. Net cash flow from operating activities was negative 204 million yuan, an improvement of 277 million yuan from the same period last year. The company's asset-liability ratio was 67.82%, down 5.92 percentage points from the previous quarter. Gross margin was 8.88%, return on equity was 1.92%, and diluted earnings per share was 0.05 yuan. The number of shareholders was 20,300, and the top ten shareholders held 36.99% of the total share capital.

Yatong Co. released its 2026 interim report, posting a net profit attributable to the parent of 18.98 million yuan for the first half, a turnaround from a loss of 10.32 million yuan in the same period last year. Operating revenue was 1.15 billion yuan, up 444.1 percent year on year. Net profit attributable to the parent after deducting non-recurring items was 17.45 million yuan, compared with a loss of 10.94 million yuan a year earlier. Second-quarter net profit attributable to the parent was 17.23 million yuan, up 4,967.8 percent year on year. As of the end of the second quarter, total assets stood at 3.985 billion yuan, down 26.6 percent from the end of the previous year, while net assets attributable to the parent were 988 million yuan, up 2.1 percent from the end of the previous year.

Shanghai has introduced eight measures for the property market, triggering a sharp afternoon rally in the real estate sector, with Shanghai Urban Investment Holdings quickly hitting the daily limit up. Six departments including the Shanghai Municipal Commission of Housing and Urban-Rural Development and Management jointly issued the Notice on Optimising the City's Real Estate Policy Measures, effective from 21 August 2026. The measures cover five areas and eight specific policies, including optimising housing provident fund withdrawals, improving personal housing credit, implementing trade-in purchase subsidies, promoting housing voucher resettlement, and advancing the acquisition of second-hand homes. Boosted by the news, Beijing Infrastructure Investment and Development briefly touched the daily limit up, while Fuxing Shares, Rongan Real Estate, and Yatong Co. also rose.

Yatong Shares issued an announcement, expecting to achieve an attributable net profit of 16.5 million to 19.8 million yuan in the first half of 2026, turning losses into gains compared with the same period last year. After deducting non-recurring gains and losses, the attributable net profit is expected to be 15 million to 18.3 million yuan. The expected profit for this period is mainly due to the concentrated delivery of 850 units of the Changxing Island Plot 38 expropriation resettlement housing project in the first half of 2026, achieving a profit of approximately 50 million yuan, an increase of about 45.5 million yuan compared with the same period last year. In addition, non-recurring gains and losses during the reporting period were approximately 1.5 million yuan, an increase of about 0.87 million yuan compared with the same period last year. In the first quarter of 2026, Yatong Shares achieved revenue of 258 million yuan and an attributable net profit of 1.75 million yuan.