Jiaoyun Shares announced that its stock short name will change from Jiaoyun Shares to Jiushi Dongyu starting 28 July 2026, while the stock code 600676 remains unchanged. The company completed an asset swap with its controlling shareholder Shanghai Jiushi Group and related parties, injecting core cultural, sports and tourism businesses such as sports event operations, sports venue operations, entertainment planning and operations, and water tourism, while divesting loss-making auto parts manufacturing and sales as well as non-emergency travel service assets. The company expects to achieve net profit attributable to owners of the parent of approximately 21.6 million yuan for the first half of 2026, turning from a loss to a profit year-on-year, but net profit after deducting non-recurring items remains a loss of approximately 141 million yuan. Non-recurring items for the period are estimated at about 162.8 million yuan, mainly including site relocation compensation of about 109.05 million yuan and net profit of subsidiaries from the beginning of the period to the merger date under common control business combinations of about 14.09 million yuan. In the secondary market, the company's share price surged and then retreated during the year, closing at 6.05 yuan on 22 July, with a total market capitalisation of 6.222 billion yuan.
Shanghai Jiao Yun Group Co LtdAsset swap and name change, but core profit remains negative; net profit positive only due to non-recurring items.