Ronglian Technology released its 2026 interim report, showing first-half net profit attributable to the parent of 5.33 million yuan, down 35.6% year on year. Operating revenue was 691 million yuan, up 2.8% year on year; net profit attributable to the parent after deducting non-recurring items was 2.49 million yuan, down 61.0% year on year; and net operating cash flow was negative 469 million yuan, down 53.4% year on year. In the second quarter, operating revenue was 460 million yuan, down 8.1% year on year, and net profit attributable to the parent was 4.52 million yuan, down 38.9% year on year. As of the end of the second quarter, total assets were 2.636 billion yuan, up 2.9% from the end of the previous year, and net assets attributable to the parent were 1.192 billion yuan, up 0.3% from the end of the previous year. The company said its main business operations have not undergone major changes, and it continues to focus on digital services covering enterprise services, the Internet of Things and big data, and life sciences. Management noted that traditional advantageous industries face challenges from tighter project budgets and longer bidding processes, and the company is tilting resources toward lower-risk, faster-turnover industries while actively expanding AI-related business and broadening financing channels with credit support from the state-owned assets system.
Ronglian Group LtdFirst-half net profit attributable to parent fell 35.6% year on year, with adjusted profit down 61.0% and operating cash flow deeply negative.
