Huapengfei's first-half revenue hits 356 million yuan as cross-border logistics investment continues to ramp up

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Huapengfei disclosed its 2026 half-year report on the evening of August 27. The company achieved operating revenue of 356 million yuan, up 89.53% year on year. Net profit attributable to shareholders of the listed company was a loss of 9.8106 million yuan, a decrease of 572.65% compared with the same period last year. Among this, domestic integrated logistics services revenue was 182 million yuan, up 47.02% year on year, while international logistics services revenue was 162 million yuan, up 239.50% year on year. International logistics business is gradually becoming an important support for the company's transformation and growth. The company continues to improve its China-Europe and Central Asia logistics networks and actively explores the Trans-Caspian transport corridor. In April, it signed a memorandum of cooperation with the Transport and Logistics Center of Turkmenistan, planning to cooperate in areas such as international trucking from China to Turkmenistan and the Trans-Caspian green corridor. In 2026, the company expects to invest about 120 million yuan in purchasing additional self-owned vehicles to enhance its cross-border logistics service capabilities under the Belt and Road Initiative. Although the company remained in a loss-making state in the first half of the year, it said that as logistics demand is released and cross-border network construction advances, the potential of its professional logistics and international logistics businesses is expected to be further unleashed.

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HPF Co Ltd
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Revenue up 89.53% but net loss widened 572.65% year on year.