ST Xin'an released its 2026 half-year report. First-half operating revenue reached 206 million yuan, up 4.01 percent year on year, while its loss narrowed to 20.56 million yuan from a loss of 23.49 million yuan in the same period last year. Its loss excluding non-recurring items was 13.96 million yuan, compared with a loss of 26.41 million yuan a year earlier. Net operating cash flow was negative 64.96 million yuan, and loss per share was 0.0649 yuan. In the second quarter, operating revenue was 120 million yuan, down 2.5 percent year on year. Net loss attributable to the parent company was 6.22 million yuan, down 130 percent year on year, while net profit excluding non-recurring items attributable to the parent company was 780,000 yuan, down 96.2 percent year on year. As of the end of the second quarter, total assets were 1.541 billion yuan, down 3.4 percent from the end of the previous year, and net assets attributable to the parent company were 1.272 billion yuan, down 2.9 percent from the end of the previous year. The company said that, driven by an improving policy environment and changes in market demand, the cybersecurity industry, especially the commercial cryptography market, is seeing development opportunities. The company is innovating products around cryptography technology and cybersecurity technology, with product lines covering areas such as cryptographic security, cybersecurity and data security, serving industries including finance, government and enterprises.
Principal Financial Group IncBeijing Infosec Technologies Co. Ltd. ALoss narrowed and revenue grew, with improving policy environment and market demand in cybersecurity and commercial cryptography.
