Rendong Holdings Co LtdForecast of recurring net profit up 14.81%-69.92% due to restructuring and cost reduction.

Rendong Holdings released an earnings forecast, expecting recurring net profit attributable to the parent company of 25 million to 37 million yuan in the first half of 2026, representing a year-on-year increase of 14.81% to 69.92%. The company attributed the growth mainly to the restructuring that stripped out inefficient assets, improved asset quality, and continued cost reduction and efficiency enhancement, with period expenses and asset impairment losses declining year-on-year. In 2025, the company completed its restructuring, bringing in strategic investors such as CITIC Capital and Guangzhou Asset Management, resolving historical debts, turning net assets positive, and removing the special treatment designation from its stock name. After the restructuring, the company focused on a payments plus AI strategy. Its subsidiary Helibao expanded in third-party payments, with cross-border payment transaction volume reaching nearly 200 billion yuan for the full year 2025, up over 200% year-on-year. Meanwhile, it set up intelligent computing companies in Shenzhen, Beijing, and Ulanqab, and invested in the domestic AI chip company Jiangyuan Technology. In addition, the company recently announced a restricted stock incentive plan, proposing to grant 9.42 million shares, with assessment targets of 10% growth in recurring net profit or revenue in 2026 compared with 2025, and 20% growth in 2027.
Rendong Holdings Co LtdForecast of recurring net profit up 14.81%-69.92% due to restructuring and cost reduction.
Subsidiary Helibao's cross-border payment volume surged over 200% to nearly 200 billion yuan.