ST Chunxing, stock code 002547, disclosed its 2026 semi-annual report on August 27. In the first half of the year, it achieved total operating revenue of 956 million yuan, down 2.23 percent year on year. Net profit attributable to the parent company was a loss of 156 million yuan, compared with a loss of 129 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 131 million yuan, compared with a loss of 125 million yuan a year earlier. Net cash flow from operating activities was 56.3725 million yuan, compared with minus 34.1085 million yuan in the prior-year period. Basic earnings per share were minus 0.1387 yuan. As of the first half of 2026, the company's current ratio was 0.4 and its quick ratio was 0.3. Data from China Securities Depository and Clearing Corporation show that as of August 21, 2026, 28.28 percent of the company's shares were pledged. The largest shareholder, Sun Jiexiao, pledged 576 million shares, equal to 200 percent of his total holdings. The second-largest shareholder, Yuan Jing, pledged 31 million shares, equal to 100 percent of her total holdings.
SuZhou ChunXing Precision Mechanical Co LtdCompany reported a net loss of 156 million yuan, wider than prior-year loss, with weak liquidity and high share pledges.
