Jingsu Jingshen Salt&Chem

Suyan Jingshen disclosed its 2026 semi-annual report on August 25. In the first half of the year, total operating revenue was 2.19 billion yuan, down 7.12% year-on-year; net profit attributable to the parent company was 175 million yuan, down 49.21% year-on-year; non-GAAP net profit was 158 million yuan, down 41.44% year-on-year; net cash flow from operating activities was 23.2937 million yuan, down 85.03% year-on-year. Basic earnings per share were 0.1831 yuan, and the weighted average return on equity was 2.44%, down 3.23 percentage points year-on-year. As of the end of the first half of 2026, the company's cash and cash equivalents increased by 123.91% compared with the end of the previous year, short-term borrowings increased by 257.87%, and trading financial assets increased by 400%. The company's main businesses are salt and salt chemicals, and comprehensive utilization of salt caverns.

Su Yan Jing Shen disclosed its half-year report, with net profit attributable to the parent company falling 49.21% year on year to 175 million yuan in the first half of 2026. The company achieved operating revenue of 2.19 billion yuan, down 7.12% year on year, mainly due to a year-on-year decline in selling prices of major products. Non-GAAP net profit was 158 million yuan, down 41.44% year on year. Net cash flow from operating activities was 23.29 million yuan, down 85.03% year on year. On the same day, the company held a board meeting, electing Liu Hechun as a non-independent director and Wan Zexiang as a member of the audit and risk control committee, and appointing Yan Zhibo as deputy general manager. Vice chairman Xiao Lisong, deputy general managers Zhang Xudong and Zhao Minqian resigned due to work adjustments. In the secondary market, Su Yan Jing Shen's latest closing price was 8.98 yuan per share, down about 11.7% for the year.

Suyan Jingshen announced that restricted shares from its private placement to specific investors are about to become tradable. The number of restricted shares entering circulation this time is 163,680,154, all of which are A-share ordinary shares privately issued to 13 specific investors in February 2026, with subscription conducted offline. The lock-up period for these shares is six months, and they will be released from restriction and become tradable on August 25, 2026. After the completion of this issuance, the company's total share capital increased from 781,658,202 shares to 955,068,606 shares. Subsequently, due to the repurchase and cancellation of 308,668 restricted shares, the total share capital was adjusted to 954,759,938 shares.