ST Zhongli: Return to profit in the first half of 2026, thanks to significant asset purchases.
ST Zhongli's announcement stated that the company achieved a profit in the first half of 2026, with a net profit of 69.2183 million yuan. This turnaround was mainly attributed to the inclusion of significant assets purchased during the reporting period into the consolidated financial statements. The company and its wholly-owned subsidiaries purchased 100% of the equity of Haicheng Ruihai and 80% of the equity of Diantou Ruixiang through joint ventures with cash payments.
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