Daqian Ecology disclosed its 2026 semi-annual report on August 26. In the first half of the year, it achieved operating revenue of 193 million yuan, a sharp year-on-year increase of 249.58%, with the pet business contributing more than 60% of revenue. On the same day, it announced progress on its private placement, with the 717 million yuan in placement funds fully subscribed by the controlling shareholder now in place, marking an acceleration phase in the company's transformation. Pet services and sales achieved operating revenue of 122 million yuan, accounting for 63.16% of total revenue and growing 1,240.65% year on year, making it the core growth engine. The company has built a full business chain covering retail services, smart hardware, entertainment and other scenarios. Its Chong Pang Pang brand has more than 50 offline stores and has launched a smart pet tracking collar. The ecological landscaping and cultural tourism operations remain stable, providing support for the diversified structure. The private placement issued 28.1753 million shares to the controlling shareholder, Suzhou Quaternary Investment Development Company Limited, at an issue price of 25.46 yuan per share, raising net proceeds of approximately 711 million yuan, all of which will be used to replenish working capital. The controlling shareholder has committed to a 36-month lock-up period.
Daqian Ecology & Landscape Co LtdRevenue up 249.58% and 717 million yuan private placement completed, boosting growth and funding.
