Hengfeng Information released its 2026 interim report on August 27. First-half operating revenue was 118 million yuan, down 56.2% year on year, while net profit attributable to the parent company showed a loss of 38.25 million yuan, a year-on-year decline of 1,654.4%. Second-quarter revenue was 44.44 million yuan, down 77.2% year on year, with a net loss attributable to the parent company of 24.46 million yuan. As of the end of the second quarter, total assets stood at 1.263 billion yuan, down 6.2% from the end of the previous year, and net assets attributable to the parent company were 435 million yuan, down 8.1%. The company attributed the loss to fewer project acceptances, higher amortization of intangible assets transferred from investment projects, and an increase in credit and asset impairment provisions.
HengFeng Information Technology Co LtdFirst-half loss of 38.25 million yuan, revenue down 56.2% year on year
