Zhongyuan Media disclosed its 2026 semi-annual report, achieving operating revenue of 4.216 billion yuan, net profit attributable to shareholders of the listed company of 506 million yuan, and non-GAAP net profit of 505 million yuan, accounting for 99.83 percent of net profit attributable to the parent company. The company said the decline in performance was the combined result of industry cyclicality and proactive business structure adjustments. Revenue from low-margin materials sales was sharply reduced to 536 million yuan, while distribution business revenue remained steady at 3.592 billion yuan. Overall gross margin rose against the trend by 1.48 percentage points to 39.62 percent. As the ballast of performance, the textbook and supplementary materials business has secured the single-source procurement of free compulsory education textbooks in Henan Province from autumn 2024 to spring 2027. Its subsidiary Henan Xinhua Bookstore is the only entity in the province qualified to distribute primary and secondary school textbooks. In digital transformation, the overall development of the smart education platform for primary and secondary schools has been completed, and 31 interactive reading products have been launched. Spring 2026 circulation reached 1.12 million copies, up 31 percent from autumn 2025. The company invested 7.9349 million yuan in research and development in the first half of the year, made total credit impairment and asset impairment provisions of 88.53 million yuan, and will not distribute profits for the half year.
Central China Land Media Co LtdRevenue and profit declined, but gross margin improved and digital transformation progressed, with mixed results.
