Shang Gong Group Co Ltd A

Shang Gong Group Co., Ltd. researches, develops, produces, and sells sewing equipment, intelligent manufacturing equipment, auto parts, and light sport aircraft in China and internationally. Its sewing equipment includes industrial sewing machines, automatic sewing workstations, and household sewing machines, while its intelligent manufacturing equipment covers flexible material intelligent connection processing equipment and components. The company also offers automotive interior and functional components, carbon fiber amphibious and land-based light sport aircraft, and modern logistics and transportation services. Its products serve industries such as automotive, industrial textiles, aerospace and new materials, home textiles, high-end clothing, bags and shoes, medical, environmental protection, food, plastic processing, clothing customization, DIY home textiles, light sport aircraft, logistics and transportation, and foreign trade, under brands including Dürkopp Adler, Pfaff Industrial, KSL, Mauser, Solutia Ultrasound, Shanggong, Gemsy, Beisler sewing, Richmond, ICON, Butterfly, Feier, Shensi, Flight Design, and Shenbei. Founded in 1965, the company is headquartered in Shanghai, China.

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ShangGong Group reports net loss of 50.02 million yuan in 2026 interim results

ShangGong Group released its 2026 interim report, with net profit attributable to the parent company at minus 50.02 million yuan. The company's total operating revenue was 2.211 billion yuan, and net cash flow from operating activities was minus 279 million yuan, a decrease of 44.29 million yuan compared with the same period last year. The latest asset-liability ratio was 54.08 percent, gross margin was 14.68 percent, return on equity was minus 1.88 percent, and diluted earnings per share was minus 0.07 yuan. The company had 106,800 shareholders, and the top ten shareholders held 154 million shares, accounting for 21.60 percent of total share capital.

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