Hengtong Logistic Co Ltd

Hengtong Logistics released its 2026 interim report, with total operating revenue of 720 million yuan, net profit attributable to the parent company of 184 million yuan, and net operating cash inflow of 145 million yuan. The company's asset-liability ratio was 22.08 percent, gross margin was 35.13 percent, down 2.60 percentage points from the previous quarter, return on equity was 4.46 percent, and diluted earnings per share was 0.26 yuan. Total asset turnover was 0.14 times, and inventory turnover was 9.41 times. The number of shareholders was 18,200, and the top ten shareholders held 63.30 percent of total share capital.

Hengtong Logistics disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 720 million yuan, up 7.64 percent year on year. Net profit attributable to shareholders of the listed company was 184 million yuan, up 85.49 percent year on year. Net cash flow from operating activities was 145 million yuan, up 1,940.22 percent year on year. The profit growth mainly came from the full operation of its port business, which provides vessel berthing and cargo handling services for enterprises in the Shandong Yulong Petrochemical Industrial Park. As leading enterprises in the park reached full production, terminal handling volume rose substantially. The company also plans to invest 2 billion yuan in the Karang Batang Special Economic Zone on Bintan Island, Indonesia, to build a digital smart industrial park covering smart logistics park operations, data storage and processing and equipment leasing, information system integration and supporting digital technical services, along with supporting energy storage and diesel generator units. In addition, the company plans to pay a dividend of 0.70 yuan per 10 shares, totaling 49.2483 million yuan, and intends to use 80 million to 100 million yuan of its own funds to repurchase shares for cancellation. The controlling shareholder and persons acting in concert have increased their holdings by a total of 200 million yuan, of which 50 million yuan has been completed.

Hengtong has disclosed progress on its shareholder share increase plan. After SONG JIANBO, a person acting in concert with the controlling shareholder, completed an initial 50 million yuan increase, he will increase his holdings by another 50 million yuan. At the same time, the controlling shareholder Nanshan Group will increase its holdings by up to 100 million yuan, bringing the total increase plan to 200 million yuan. The company's first-half earnings forecast shows that net profit attributable to the parent is expected to be between 166 million and 203 million yuan, a year-on-year increase of 66.94 percent to 104.03 percent, mainly due to the commissioning of productive berths at its wholly owned subsidiary Shandong Yulong Port Services, which boosted port business profits. In addition, the company plans to invest up to 600 million yuan in the first phase to build a digital smart industrial park on Bintan Island in Indonesia, exploring a collaborative model between digital data services and physical logistics. The share increase and earnings growth reinforce each other, helping to stabilize market expectations.

On the evening of July 17, several A-share listed companies released important announcements. TCL Zhonghuan plans to invest 11.96 billion yuan in building a Shenzhen project for integrated circuit semiconductor large silicon wafers. Goke Microelectronics plans to raise no more than 5.061 billion yuan through a private placement for research and development projects including next-generation AI vision processing chips. In terms of earnings, China Shipbuilding Special Gas reported a first-half net profit of 348 million yuan, up 95.63 percent year-on-year. Zhiwei Intelligent reported a first-half net profit of 388 million yuan, up 281.92 percent year-on-year. Decole expects first-half net profit to grow between 216.8 percent and 277.31 percent year-on-year. Regarding risk warnings, Xintong Electronics, which hit the daily limit up four times in five days, and Xingwang Yuda, which hit the daily limit up for two consecutive days, both issued abnormal movement announcements, warning that the short-term stock price increase is relatively large and there is a risk of rapid decline or correction. In addition, Zhao Long, the actual controller, chairman, and general manager of Huichen Shares, was criminally detained on suspicion of illegal disclosure or non-disclosure of important information. ST Wenfeng was placed on file for investigation by the China Securities Regulatory Commission for suspected illegal information disclosure. In terms of shareholding changes, a person acting in concert with the controlling shareholder of Hengtong Shares plans to increase their holdings by no more than 50 million yuan. Regarding buybacks, Lingyi iTech raised the total buyback amount to between 400 million yuan and 800 million yuan. Several companies including Yingkang Life and Suwen Electric disclosed buyback plans. In terms of major contracts, HNA Holding plans to purchase 40 aircraft from Airbus, with a total transaction amount not exceeding 5.36 billion US dollars. Air China plans to purchase Airbus aircraft for approximately 12.44 billion US dollars. Hongsheng Huayuan pre-won a State Grid procurement project worth about 745 million yuan.

On the evening of July 12, multiple listed companies on the Shanghai and Shenzhen exchanges released important announcements. StarNeto clarified that its satellite communication business is unrelated to the breakthrough in sea recovery technology for the Long March 10B carrier rocket, and that revenue from new businesses such as the low-altitude economy accounts for less than 5%. Zhezhong Co., Ltd. cautioned that there is uncertainty in converting new orders signed in 2026 into revenue, and that revenue from its main business of complete switchgear has continued to decline. Juli Sling was fined 4.5 million yuan by the Hebei Securities Regulatory Bureau for misleading statements on an interactive platform. The controlling shareholder of Western Region Gold, Xinjiang Nonferrous Metals, plans to merge entirely with Xinjiang Geology and Mining Investment Group, with the actual controller remaining unchanged. In terms of earnings, Yuehai Feed's net profit for the first half of the year is expected to increase by 965.92% to 1302.52%, Ningbo Fubon is expected to increase by 416.54% to 519.85%, Shanshan Co., Ltd. is expected to increase by 262% to 334%, Sanyou Chemical is expected to increase by about 129%, Yalian Machinery's flash report shows net profit growth of 60.06%, Shengnuo Bio is expected to increase by 43.23% to 64.79%, and both Rundu Pharma and China Satellite are expected to turn losses into profits year-on-year. In addition, Taikang Life Insurance plans to reduce its stake in Guoke Hengtai by no more than 3%, and Hengtong Co., Ltd. plans to invest in a digital smart industrial park in Indonesia, with a planned investment of no more than 2 billion yuan.

Hengtong Logistics announced that the company plans to invest in the construction of the Hengtong Indonesia Digital Smart Industrial Park in the Karang Batang Special Economic Zone on Bintan Island, Indonesia. The planned investment is up to 2 billion yuan, with an initial investment of up to 600 million yuan. Its main business covers smart logistics park operation services, data storage and processing and equipment leasing, information system integration, and digital supporting technical services.

Hengtong Logistics disclosed its first-half 2026 earnings preview, projecting net profit attributable to owners of the parent company of 165.88 million yuan to 202.73 million yuan, a year-on-year increase of 66.94% to 104.03%. The company said the expected profit growth is mainly due to the operational berths of its wholly-owned subsidiary Shandong Yulong Port being put into use. As the operating rates and production capacity of core enterprises in the Shandong Yulong Petrochemical Industrial Park gradually ramp up, terminal throughput and port utilization have increased significantly, driving a notable rise in profit for the port business segment. In addition, the company recently advanced a share buyback plan, intending to use its own funds to repurchase shares through centralized bidding for cancellation and reduction of registered capital. The total buyback amount is no less than 80 million yuan and no more than 100 million yuan. As of the end of June 2026, it had cumulatively repurchased 42,200 shares.