ZX PACKING ORD A (SHH) EQSW Exp:

Zhongxin Co. released its 2026 interim report, showing total operating revenue of 903 million yuan and net profit attributable to the parent company of 194 million yuan. Net cash inflow from operating activities was 163 million yuan, a decrease of 85.52 million yuan, or 34.44 percent, compared with the same period last year. The company's latest asset-liability ratio was 26.06 percent, gross margin was 33.86 percent, return on equity was 8.51 percent, and diluted earnings per share was 1.36 yuan. The number of shareholders was 4,959, and the top ten shareholders held 69.39 percent of the total share capital.

Zhongxin Shares released its 2026 interim report, with net profit attributable to the parent company of 194 million yuan, up 66.61% year on year. The company achieved operating revenue of 903 million yuan, up 33.70% year on year, and non-GAAP net profit of 191 million yuan, up 75.06% year on year. The performance growth was mainly driven by a significant increase in sales volume and the efficient ramp-up of its Thailand base. By the end of the reporting period, the Thailand project had formed 100,000 tonnes of production capacity, effectively taking on orders from US customers. Net cash flow from operating activities was 163 million yuan, down 34.44% year on year, mainly due to increased procurement spending for inventory buildup. The company's core products are naturally degradable plant fibre molded tableware, and overseas revenue still accounts for a relatively high proportion, with sales mainly to North America, Europe and other regions.

Zhongxin Co. disclosed its 2026 interim report. In the first half, it achieved operating revenue of 903 million yuan, up 33.7% year on year; net profit attributable to shareholders of the listed company was 194 million yuan, up 66.61% year on year; basic earnings per share were 1.36 yuan.

Zhongxin Shares announced on the evening of August 4 that the company completed its first share buyback that day through the Shanghai Stock Exchange trading system via centralized bidding. The number of shares repurchased was 77,700, accounting for 0.05% of the company's total share capital. The highest repurchase price was 49.18 yuan per share, and the lowest was 47.17 yuan per share, with a total payment of 3.73 million yuan. This buyback is part of the company's previously disclosed repurchase plan, which intends to use no less than 30 million yuan and no more than 50 million yuan, with a repurchase price not exceeding 75.46 yuan per share. The repurchase period shall not exceed 12 months from the date of approval by the board of directors, and the repurchased shares will be used for equity incentives. The company subsequently adjusted the source of funds for the buyback on July 21, clarifying that they will come from its own funds and self-raised funds.

Zhongxin Shares announced that the company plans to use its own funds and self-raised funds to repurchase part of the public shares through centralized bidding. The repurchase amount will be no less than 30 million yuan and no more than 50 million yuan, with a repurchase price not exceeding 75.46 yuan per share. The repurchase period will be no more than 12 months from the date of approval by the board of directors. The repurchased shares will be used for employee stock ownership plans or equity incentives. Based on the upper limit of the repurchase price, the lower limit of the repurchase amount of 30 million yuan corresponds to an estimated repurchase of 397,600 shares, accounting for 0.27% of the company's total share capital. The upper limit of 50 million yuan corresponds to an estimated repurchase of 662,600 shares, accounting for approximately 0.46% of the total share capital. The company stated that this move is based on confidence in future development prospects, aiming to enhance investor confidence and improve long-term incentive mechanisms.

Zhongxin Shares issued a first-half performance pre-increase announcement, expecting net profit of 175 million yuan to 220 million yuan, a year-on-year increase of 50.22% to 88.85%. Securities Times Data Treasure statistics show the stock closed at 50.29 yuan today, down 1.10%, and down 0.32% over the past five days. Over the past month, the stock has been rated buy by four institutions, with Guotai Haitong Securities giving a target price of 64.75 yuan.