Guanghui Logistics Co LtdFirst-half net profit forecast plunges 94.62%-96.16% YoY due to maintenance and freight negotiations.

The Tulagergen to Baishihu South section of Guanghui Logistics' Hongnao Railway has been officially integrated into the unified management of the Linha Backbone Corridor. The northern heavy-haul transport corridor formed by connecting the Jiangnao, Hongnao, and newly built Naowu railways has a designed annual transport capacity of 200 million tonnes. The company has signed a 2026 freight volume agreement with China Railway Urumqi Bureau for 18 million tonnes, and a tripartite framework agreement with Linha Backbone Railway Corridor Xinjiang Company and China Railway Urumqi Bureau Group, clarifying that the asset ownership of the Hongnao Railway belongs to Guanghui Logistics, with only transport operations integrated into the national railway's unified dispatching. Leveraging the national 15th Five-Year Energy Plan and differentiated dual-carbon development paths, incremental outbound coal shipments from Xinjiang will continue to concentrate on the Linha Corridor. It is estimated that from 2025 to 2030, total new outbound Xinjiang coal rail shipments will be approximately 205 million tonnes, of which over 150 million tonnes will be transported via the Linha Corridor. As a core collection and distribution line, the Hongnao Railway will benefit in the long term. The company also disclosed its first-half earnings forecast on the same day. Due to maintenance on the Lanzhou-Xinjiang line and freight volume negotiations, net profit is expected to be between 10 million and 14 million yuan, a year-on-year decrease of 94.62% to 96.16%.
Guanghui Logistics Co LtdFirst-half net profit forecast plunges 94.62%-96.16% YoY due to maintenance and freight negotiations.