Zhonglu Co Ltd A

ST Zhonglu, stock code 600818, disclosed its 2026 semi-annual report on August 27. In the first half of the year, it achieved total operating revenue of 423 million yuan, down 26.25 percent year on year. Net profit attributable to the parent company was a loss of 15.04 million yuan, compared with a loss of 8.31 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 12.75 million yuan, compared with a loss of 8.51 million yuan a year earlier. Net cash flow from operating activities was negative 4.62 million yuan, compared with 9.31 million yuan in the prior-year period. Basic earnings per share were negative 0.047 yuan, and the weighted average return on net assets was negative 2.95 percent. The company is mainly engaged in manufacturing businesses such as bicycles, as well as external equity investment business.

ST Zhonglu released its 2026 interim report. First-half operating revenue was 423 million yuan, down 26.2 percent year on year. Net profit attributable to the parent swung from a loss of 8.31 million yuan a year earlier to a loss of 15.04 million yuan. In the second quarter, operating revenue was 242 million yuan, down 25.2 percent year on year, but net profit attributable to the parent returned to profit at 3.15 million yuan. As of the end of the second quarter, total assets were 1.017 billion yuan, up 5.6 percent from the end of the previous year. Net assets attributable to the parent were 501 million yuan, down 3.5 percent from the end of the previous year. The company said the operating environment was affected by multiple factors, but it continued to strengthen quality control, promote a premium product strategy, and made progress in high-altitude wind power generation technology research and development.