Jinlong Co. First-Half Net Profit Falls 88.59% on Dongguan Securities Stake Sale
Jinlong Co. reported a net profit attributable to shareholders of RMB 14.25 million for the first half of 2026, down 88.59% year on year, after the same period of 2025 included a large one-off gain from the transfer of 300 million shares in Dongguan Securities. Total revenue fell 16.28% to RMB 349 million, with basic earnings per share of RMB 0.016. The sharp decline in net profit reflects the high comparison base created by the prior-year equity disposal gain.
Jinlong Co. disclosed its semi-annual report for 2026. During the reporting period, the company recorded total operating revenue of RMB 349 million, down 16.28% year on year. Net profit attributable to shareholders of the listed company was RMB 14.25 million, down 88.59%, with basic earnings per share of RMB 0.016.
The sharp year-on-year decline in net profit attributable to shareholders was mainly due to the high comparison base in the same period of 2025, when the company completed the transfer of 300 million shares it held in Dongguan Securities and recognized a large investment gain from the equity disposal.