Jihong Shares posts 33.52% first-half profit growth as e-commerce surges

Jihong Shares reported first-half 2026 revenue of 3.74 billion yuan, up 15.53% year over year, and net profit attributable to shareholders of the listed company of 158 million yuan, up 33.52%. Basic earnings per share were 0.36 yuan, and the company proposed a cash dividend of 1.4 yuan per 10 shares. Growth was led by its cross-border social e-commerce business, where revenue rose to 2.45 billion yuan and attributable net profit climbed 80.92% to 100 million yuan, which the company linked to deeper expansion in Northeast Asia and Europe and gains from end-to-end digital and intelligent operations. The packaging segment also lifted revenue to 1.28 billion yuan, but attributable net profit fell 31.62% to 51.73 million yuan as raw material prices rose, competition intensified, and new production bases in China and overseas remained in the investment phase. Operating cash flow increased 65.60% to 302 million yuan, outpacing profit growth and indicating stronger cash generation. Total assets stood at 4.92 billion yuan as of June 30, 2026, while equity attributable to shareholders reached 2.77 billion yuan, underscoring continued balance-sheet expansion as the company shifts toward cross-border social e-commerce as its main profit driver.

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