Holike — MarketDX

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Holaike H1 2026 revenue at 598 million yuan, down 27.99% year-on-year

Holaike disclosed its 2026 semi-annual report on August 27. In the first half, total operating revenue was 598 million yuan, down 27.99% year-on-year. Net loss attributable to the parent was 34.34 million yuan, compared with a profit of 24.62 million yuan in the same period last year. Net loss after deducting non-recurring items was 42.35 million yuan, compared with a profit of 13.91 million yuan a year earlier. Net cash flow from operating activities was negative 59.06 million yuan, versus negative 129 million yuan in the prior-year period. Basic loss per share was 0.11 yuan, and weighted average return on equity was negative 1.12%. The company mainly designs, develops, produces and sells panel-based whole-house custom furniture and supporting home products. As of the end of the first half, inventory fell 32.37% from the end of last year, contract liabilities decreased 36.33%, the current ratio was 2.88, and the quick ratio was 2.44.

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Holike appoints Zhan Chenghao as board secretary just five months after he joined

Holike announced on the evening of August 19 that it has appointed Zhan Chenghao as the company's board secretary, with a term lasting until the end of the sixth board of directors. Zhan Chenghao joined Holike in March 2026 and took over as board secretary about five months after joining. Born in 1990, he holds a postgraduate degree from Sun Yat-sen University and is a certified public accountant in China. From August 2016 to March 2026, he worked for nearly ten years at the investment banking headquarters of Everbright Securities, serving as a senior manager and sponsor representative, and participated in projects including the initial public offerings of Haomei New Materials and United Precision, as well as the non-public offering of Tianan New Materials. The previous board secretary, Gan Guoqiang, resigned on February 13, 2026 for personal reasons. His compensation from 2023 to 2025 was 520,400 yuan, 533,100 yuan and 529,000 yuan respectively, placing him at the lower end among senior executives. Holike said Zhan Chenghao has obtained the Shanghai Stock Exchange board secretary training certificate and completed the filing, and does not concurrently serve as general manager, deputy general manager in charge of business operations, or chief financial officer.

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Yuanjie Technology Plans to Invest Approximately 4.268 Billion Yuan in Semiconductor Technology Industrial Park

Yuanjie Technology announced plans to invest approximately 4.268 billion yuan in the construction of the Yuanjie Semiconductor Technology Industrial Park project. This is one of the major announcements this evening. In addition, New Beiyang won the bid for the mail processing center equipment procurement project. Keqian Bio plans to sign a cooperative research and development agreement with Huazhong Agricultural University. Baicheng Pharma's sitagliptin metformin extended-release tablets were selected in the national centralized drug procurement. Shuangliang Energy won the bid for a 339 million yuan air-cooling EPC project. Runbang Heavy Industry's subsidiary signed a sales contract for six live fish transport vessels with a total value of approximately 2.8 billion to 3.3 billion yuan. Holike's wholly-owned subsidiary plans to invest 50 million yuan to subscribe for fund shares. HNA Holding's controlling subsidiary plans to sell 80 percent equity in HNA Resources and Environment. Dongyangguang's controlling subsidiary plans to increase capital and expand shares to introduce investors. Yaben Chemical plans to raise no more than 841 million yuan through a private placement for a pilot project producing 35 tons of high-end pharmaceutical intermediates annually. Qiangrui Technology plans to raise no more than 1.05 billion yuan through a private placement for a high-end semiconductor equipment precision components production and manufacturing project.

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China Securities Investor Services Center Makes Rare Public Solicitation of Voting Rights for Holike Independent Director

China Securities Investor Services Center has taken the rare step of proactively soliciting voting rights for an independent director. It is seeking voting rights from all shareholders regarding the proposal to elect an independent director at Holike's first extraordinary general meeting of 2026. The center holds 100 shares of Holike and has nominated Zhuang Xuemin, who has an accounting background, as a candidate for independent director. It explicitly supports him, casts zero votes for the other candidate Yuan Yinghong, and does not accept inconsistent mandates. The solicitation period runs from August 5 to August 16, 2026, targeting shareholders on record as of August 12. Holike's performance has deteriorated in recent years, with revenue falling from 3.371 billion yuan in 2021 to 1.665 billion yuan in 2025. In 2025, its core net profit attributable to the parent company recorded its first loss since listing, and in the first half of 2026, it expects a net loss attributable to the parent company of 27 million to 37 million yuan.

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