Lan鲸 News reported on August 27 that *ST Jianyi released its 2026 interim report. During the reporting period, the company achieved operating revenue of 1.029 billion yuan, down 47.45% year-on-year. Net loss attributable to the parent company was 144 million yuan, narrowing by 23.83% year-on-year. Net loss after deducting non-recurring items was 150 million yuan, narrowing by 23.42% year-on-year. Net cash flow from operating activities was negative 124 million yuan, with the net outflow narrowing by 75.38%. Construction engineering business revenue was 809 million yuan, accounting for 78.69% of total revenue, down 40.27% year-on-year. Decoration engineering business revenue was 140 million yuan, accounting for 13.56%, down 67.95% year-on-year, with a gross margin of negative 24.84%. The decline in performance was mainly due to reduced orders. The company alleviated pressure through expense control, with selling, administrative, and financial expenses falling by 61.43%, 24.65%, and 49.10% respectively. Controlling shareholder Zhuhai Zhengfang Group provided 1.4 billion yuan in debt forgiveness and 400 million yuan in cash gifts to improve the capital structure, but progress in out-of-court restructuring and uncertainty over going concern remain major risks.
Shenzhen Jianyi Decoration Group Co LtdControlling shareholder Zhuhai Zhengfang Group provided 1.4 billion yuan debt forgiveness and 400 million yuan cash gifts to improve capital structure.
