Baosheng

Baosheng Co., Ltd. released its 2026 interim report. Total operating revenue was 34.271 billion yuan, up 36.26% year on year. Net profit attributable to the parent company was 132 million yuan, up 97.68% year on year. Net cash flow from operating activities was negative 580 million yuan. The asset-liability ratio was 81.96%, gross margin was 3.65%, and return on equity was 3.67%. Diluted earnings per share were 0.10 yuan, up 95.92% year on year. Total asset turnover and inventory turnover both ranked first among peers.

Baosheng Shares disclosed a performance forecast, expecting net profit attributable to the parent for the first half of 2026 to be between 110 million and 140 million yuan, a year-on-year increase of 65.36% to 110.46%. Deducted non-recurring net profit is expected to be between 90 million and 125 million yuan, a year-on-year increase of 55.9% to 116.53%. The company stated that the performance growth is mainly due to seizing development opportunities in industries such as equipment cables, aerospace, and artificial intelligence, proactively laying out emerging tracks, while deepening traditional advantageous fields like electric power and energy, steadily advancing overseas market strategic layout, strengthening refined management and control in operations, and steadily improving overall operating quality.