Fenglong Shares Posts Net Loss of 2.0151 Million Yuan in First Half, Swinging from Profit to Loss Year-on-Year

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Fenglong Shares disclosed its semi-annual report, achieving total operating revenue of 267 million yuan in the first half of 2026, up 6.48 percent year-on-year, but net profit attributable to shareholders of the listed company swung from a profit of 15.3141 million yuan in the same period last year to a loss of 2.0151 million yuan. The company said that affected by fluctuations in the US dollar and euro exchange rates, exchange losses increased significantly year-on-year during the reporting period; prices of bulk raw materials led by aluminum ingots continued to rise, and gross margins of related products declined somewhat; and the plant and production lines of subsidiary Dushang Precision Machinery Jiaxing Company were transferred to fixed assets, with depreciation amounts rising during the reporting period, further increasing related costs and expenses.

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杜商精机（嘉兴）有限公司 (Dushang Precision Machinery (Jiaxing) Co., Ltd.)Private▼ Negative
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Subsidiary's plant and production lines transferred to fixed assets, increasing depreciation and costs.

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