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Grandtop Yongxing Group Co.,Ltd

Grandtop Yongxing Group Co.,Ltd operates a waste-to-energy incineration business in China. It provides biomass processing services, treating catering and kitchen waste, dead poultry and livestock, feces, and other biomass waste. The company also engages in operations, technology research and development, incineration equipment manufacturing, and flue gas production. Founded in 2009 and based in Guangzhou, China, it is a subsidiary of GZ Environmental Protection Investment Group Co. Ltd.

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Yongxing Co., Ltd. first-half 2026 net profit 522 million yuan, up 13.24% year on year

Yongxing Co., Ltd. disclosed its 2026 semi-annual report on August 26. In the first half, total operating revenue reached 2.253 billion yuan, up 9.10% year on year. Net profit attributable to the parent company was 522 million yuan, up 13.24% year on year. Net profit after deducting non-recurring items was 506 million yuan, up 14.85% year on year. Net cash flow from operating activities was 948 million yuan, up 2.40% year on year. Basic earnings per share were 0.58 yuan, and the weighted average return on equity was 4.76%, up 0.38 percentage points year on year. The company focuses on the environmental governance industry, with core businesses covering waste-to-energy incineration and integrated biomass treatment, and has expanded into areas such as thermal energy supply and medical waste treatment. As of the end of the first half, cash and cash equivalents increased by 45.67% compared with the end of the previous year, and bonds payable accounted for 3.17% of the company's total assets, compared with zero at the end of the previous year.
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Yongxing Co. reports first-half 2026 net profit of 522 million yuan, up 13.24% year on year

Yongxing Co. released its 2026 interim report. Total operating revenue was 2.253 billion yuan, up 9.10% year on year, and net profit attributable to the parent company was 522 million yuan, up 13.24% year on year. Net cash inflow from operating activities was 948 million yuan, up 2.40% year on year. The company's asset-liability ratio was 56.23%, gross margin was 41.30%, return on equity was 4.85%, and diluted earnings per share was 0.58 yuan. The number of shareholders was 26,300, and the top ten shareholders held 85.08% of the shares.
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Yongxing Shares Chairman Zhang Xueqiu Resigns Upon Reaching Retirement Age

Yongxing Shares announced that Chairman Zhang Xueqiu has resigned from his positions as chairman, director, and chairman of the Strategy and ESG Committee, as well as member of the Nomination Committee, upon reaching the statutory retirement age. The resignation takes effect upon delivery to the board of directors, and he will no longer hold any position in the company after his departure. Until a new chairman is elected, Director Zhu Xiaofeng will perform the duties of chairman on an interim basis.
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