Jiangsu Flowers KingImpact on stocks 1
Jiangsu Flowers KingShunjing Technology disclosed its earnings forecast, expecting attributable net profit of 37.4 million to 50.6 million yuan in the first half of 2026, compared with a loss of 36.2565 million yuan in the same period last year, achieving a turnaround. Deducted non-recurring net loss is expected to be 23.8 million to 32.2 million yuan, compared with a loss of 38.3544 million yuan a year earlier. The change in performance is mainly due to the completion of the acquisition of a controlling stake in Anhui Niwei Automotive Power System Co., Ltd. in August 2025, with its operating results consolidated from September 2025, and the sale of 100% equity in subsidiary Jiangsu Huawang Agricultural Technology Co., Ltd. in April 2026, generating significant investment income.
Jiangsu Flowers King