Xinju Network released its 2026 interim report. First-half revenue was 236 million yuan, down 3.1 percent year on year. Net profit attributable to the parent company was a loss of 6.4 million yuan, down 187.7 percent year on year. Operating cash flow was minus 90.2 million yuan, down 258.9 percent year on year. Second-quarter revenue was 114 million yuan, down 7.4 percent year on year, with a net loss attributable to the parent company of 9.53 million yuan, down 618.4 percent year on year. The company said its proprietary services business was affected by shrinking budgets at key clients, its original equipment software and hardware sales business was affected by the shift to domestic IT innovation, and its short-drama and intelligent content business also faced challenges, leading to significant volatility in operations.
Shanghai New Centurion Network Information Technology Co LtdFirst-half net loss of 6.4 million yuan, down 187.7% YoY, with operating cash flow at minus 90.2 million yuan.
