Jiangsu SOPO Chemical Co Ltd

Jiangsu Sopo released its 2026 interim report. Total operating revenue was 3.43 billion yuan, up 8.61% year-on-year. Net profit attributable to the parent company was 253 million yuan, a sharp year-on-year increase of 148.73%. Net cash inflow from operating activities was 39.7691 million yuan. The asset-liability ratio was 24.32%, gross margin was 12.58%, ROE was 4.51%, and diluted earnings per share was 0.22 yuan. The company had 32,500 shareholders, and the top ten shareholders held 78.91% of the shares.

Jiangsu SOPO's non-public share issuance application was accepted by the Shanghai Stock Exchange on August 19. The proposed issuance size is no more than 350 million shares, with expected proceeds of 1.6 billion yuan. The sponsor is CICC.

Jiangsu Sopo has issued an earnings forecast, estimating net profit attributable to shareholders of the listed company for the first half of 2026 at 220 million to 250 million yuan, representing a year-on-year increase of 116% to 145%. The profit growth is mainly due to higher year-on-year prices of major products. The company's net profit for the first quarter was 34 million yuan, and net profit for the second quarter is estimated at 186 million to 216 million yuan, a quarter-on-quarter increase of 445% to 533%.