002430SZSE

Hangxiao Group Co., Ltd. 2026 First Quarter Report

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Hangxiao Group Co., Ltd. presents its 2026 first quarter report. The company reported total revenue of RMB 3,996,285,983.35, a 12.11% increase year-on-year. Net profit attributable to shareholders was RMB 265,106,079.33, up 17.26%. Total assets reached RMB 25,466,804,866.62, a 3.36% increase from the previous year-end.

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Hangxiao Group Co., Ltd. 2026 First Quarter Report

Securities Code: 002430 Securities Abbreviation: Hangxiao Shares Convertible Bond Code: 127064 Convertible Bond Abbreviation: Hangxiao Convertible Bond

Announcement No.: 2026-016

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.

Key Information Prompt:

  1. The Board of Directors and its members, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, and assume individual and joint legal liability for any false records, misleading statements, or significant omissions.
  2. The Company's principal, person in charge of accounting, and head of the accounting department (chief accountant) declare: Guarantee the truthfulness, accuracy, and completeness of the financial information in the quarterly report.
  3. Has the first quarter financial accounting report been audited? □ Yes ☑ No

I. Major Financial Data

(I) Major Accounting Data and Financial Indicators

Does the Company need to retrospectively adjust or restate prior period accounting data? □ Yes ☑ No

ItemCurrent Reporting PeriodPrior Year PeriodYear-on-Year Change (%)
Revenue (RMB)3,996,285,983.353,564,556,128.7612.11%
Net profit attributable to shareholders of the parent company (RMB)265,106,079.33226,075,630.6717.26%
Net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses (RMB)251,578,025.20222,561,605.2713.04%
Net cash flow from operating activities (RMB)506,705,601.29423,964,251.5419.52%
Basic earnings per share (RMB/share)0.270.2317.39%
Diluted earnings per share (RMB/share)0.270.2317.39%
Weighted average return on equity (%)2.67%2.42%0.25%
ItemAs of End of Current Reporting PeriodAs of End of Prior YearYear-on-Year Change (%)
Total assets (RMB)25,466,804,866.6224,639,877,640.843.36%
Net assets attributable to shareholders of the parent company (RMB)10,173,830,589.249,884,946,305.882.92%

(II) Non-recurring Gains and Losses Items and Amounts

☑ Applicable □ Not Applicable

ItemAmount in Current Reporting PeriodRemarks
Gains or losses from disposal of non-current assets (including write-off of assets with accumulated impairment provisions)5,478,327.59
Government subsidies included in current profit or loss (excluding those closely related to the company's normal business operations, in line with national policies, enjoyed according to determined standards, and having a continuous impact on the company's profit or loss)
Reversal of impairment provisions for receivables tested individually8,306,025.22
Other non-operating income and expenses other than the above items106,000.00
Less: Impact of income tax3,799,359.55
Net impact of income tax3,364,242.74
Total797,415.49
Impact of minority shareholders' equity (after tax)13,528,054.13

Other circumstances that meet the definition of non-recurring gains and losses: □ Applicable □ Not Applicable The Company has no other circumstances that meet the definition of non-recurring gains and losses.

Explanation of the situation where items listed in "Guiding Opinions on the Disclosure of Information by Listed Companies No. 1 - Non-recurring Gains and Losses" are defined as recurring gains and losses: □ Applicable □ Not Applicable The Company has no situation where items listed in "Guiding Opinions on the Disclosure of Information by Listed Companies No. 1 - Non-recurring Gains and Losses" are defined as recurring gains and losses.

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