New Huangpu expects to achieve a net profit attributable to shareholders of 210 million yuan in the first half of 2026, up about 106.63 percent year on year. However, its non-recurring net loss attributable to shareholders is 8.82 million yuan, a decrease of 88.65 million yuan compared with a profit of 78.93 million yuan in the same period last year, down about 111.05 percent year on year. The growth in net profit attributable to shareholders was mainly due to an increase in investment income during the period, including the company's issuance of the CPIC Asset Management New Huangpu Dream City Rental Housing Holding Real Estate Asset-Backed Special Plan. The decline in non-recurring net profit attributable to shareholders was due to the company being in a transition period, with a decrease in property carryover revenue. In the first quarter of 2026, New Huangpu achieved revenue of 237 million yuan and net profit attributable to shareholders of 138 million yuan.
Shanghai New Huang Pu Real Estate Co LtdNet profit attributable to shareholders up 106.63% YoY, driven by increased investment income from asset-backed plan.