Zhengzhou J and T Hi Tech CoFirst-half net loss widened 879.1% YoY, with operating cash flow deeply negative.

Jiean Hi-Tech released its 2026 interim report, showing a net loss attributable to the parent of 6.74 million yuan for the first half, a year-on-year decline of 879.1%. Operating revenue was 125 million yuan, up 23.0% year on year. The net loss attributable to the parent excluding non-recurring items widened to 7.18 million yuan from a loss of 0.6 million yuan in the same period last year. Net operating cash flow was negative 85.49 million yuan, down 63.6% year on year. In the second quarter, operating revenue was 94.26 million yuan, up 22.7% year on year, while net profit attributable to the parent was 7.2 million yuan, down 6.0% year on year. As of the end of the second quarter, the company's total assets were 1.014 billion yuan, down 9.9% from the end of the previous year, and net assets attributable to the parent were 788 million yuan, down 5.6% from the end of the previous year.
Zhengzhou J and T Hi Tech CoFirst-half net loss widened 879.1% YoY, with operating cash flow deeply negative.