Veken Technology released its 2026 interim report on August 25, 2026. The company's total operating revenue was 838 million yuan, and net profit attributable to the parent company was a loss of 37.2783 million yuan. Net cash flow from operating activities was a negative 39.098 million yuan, a decrease of 34.9189 million yuan compared with the same period last year. The company's latest asset-liability ratio was 44.06 percent, an increase of 4.40 percentage points from the same period last year. Gross margin was 12.12 percent, return on equity was negative 2.29 percent, and diluted earnings per share was negative 0.07 yuan. Total asset turnover was 0.29 times, and inventory turnover was 1.67 times, down 8.45 percent year on year. The company had 68,200 shareholders, and the top ten shareholders held 207 million shares, accounting for 39.21 percent of total share capital.
Veken EliteNet loss of 37.2783 million yuan and negative operating cash flow in interim report.