What happened
Qiangyi Co., Ltd. released its 2026 semi-annual report on August 30, showing revenue of 624,146,448.78 yuan for the first half, a year-on-year increase of 66.70%.
Net profit attributable to shareholders reached 222,408,112.17 yuan, up 61.30%, while net profit excluding non-recurring items rose 60.89% to 219,916,192.53 yuan.
Net cash flow from operating activities totaled 213,389,835.70 yuan, up 69.56% year on year.
Why it matters
The figures show broad-based growth across profitability and cash generation, suggesting stronger operational performance in the period.
The proposed plan to convert capital reserves into shares at a ratio of 4 additional shares per 10 held would expand the share base without distributing cash, a move that still requires shareholder approval.
Key facts
Revenue for the first half of 2026 was 624,146,448.78 yuan, up 66.70% year on year.
Net profit attributable to shareholders was 222,408,112.17 yuan, up 61.30% year on year.
The company plans to add 4 shares per 10 held from capital reserves, with no cash dividend and no bonus shares.
The share conversion plan has been approved by the board and still needs shareholder approval.
What to watch next
Whether shareholders approve the capital reserve conversion plan at the upcoming shareholders' meeting.
Whether the company's revenue and profit growth can be sustained in the second half of the year.