Jinyi Industrial released its 2026 interim report on August 26. Driven by its dual engines of fasteners and railway clips, the company achieved substantial profit growth through product mix optimization and cost reduction and efficiency improvement, and launched a semi-annual cash dividend plan. During the reporting period, the company achieved operating revenue of 1.236 billion yuan, up 4.45% year on year; net profit attributable to the parent company was 207 million yuan, up 76.82% year on year; net profit after deducting non-recurring items was 175 million yuan, up 53.81% year on year; and net cash flow from operating activities was 297 million yuan, a sharp year-on-year increase of 117.99%. The company plans to distribute a cash dividend of 0.5 yuan per 10 shares, including tax, to all shareholders, totaling approximately 48.08 million yuan. While revenue grew moderately, profit surged sharply, mainly because operating costs fell 5.98% year on year and gross margin recovered. At the same time, investment income reached 36.55 million yuan, mainly from the disposal of equity in subsidiary Quanzhou Jinyi Logistics and wealth management product returns. Total non-recurring gains and losses were approximately 32.13 million yuan, boosting net profit growth. Looking ahead, with the start of the 15th Five-Year Plan and the advancement of the eight vertical and eight horizontal high-speed rail network, steady growth in railway fixed asset investment will provide demand support for the company's railway clip business. The fastener industry is shifting toward high-end development, and the company's layout in emerging fields such as new energy vehicles is expected to release incremental growth, but attention should be paid to risks such as raw material price fluctuations, overcapacity in low-end products, and international trade barriers.
Gem-Year Industrial Co LtdNet profit up 76.82% with cash dividend plan
