002592SZSE
🚨 Material Event

2026 Semi-Annual Report Summary

ST Bailing Co., Ltd.··6 pages

✨ AI Summary

Nanning Baling Tech reported a 30.42% increase in revenue to 369.49 million RMB and a 1.64% rise in net profit to 57.71 million RMB for the first half of 2026. The company remains under "ST" risk warning due to unresolved illegal guarantee issues involving former subsidiaries. Management is actively pursuing litigation to recover funds and has made progress in equity transfer agreements related to Beijing Hongtian.

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Full Translation

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I. Important Notes

This semi-annual report summary is derived from the full semi-annual report. To fully understand the company's operating results, financial position, and future development plans, investors should carefully read the full semi-annual report on the media designated by the China Securities Regulatory Commission.

All directors attended the board meeting to review this report.

Non-standard audit opinion:

□ Applicable  Not applicable

Profit distribution plan or capital reserve conversion plan for the reporting period reviewed by the Board of Directors:

 Applicable □ Not applicable

Whether to convert capital reserves into share capital:

□ Yes  No

The profit distribution plan approved by the Board of Directors is: Based on the total share capital of the company registered on the equity distribution record date, a cash dividend of 1.00 RMB (tax included) will be distributed to all shareholders for every 10 shares held. No bonus shares will be issued, and no capital reserves will be converted into share capital.

Preferred stock profit distribution plan for the reporting period approved by the Board of Directors:

II. Company Profile

1. Company Introduction

Stock AbbreviationST BalingStock Code002592
Stock ExchangeShenzhen Stock Exchange
Previous Stock AbbreviationBaling Tech
Contact InformationBoard SecretarySecurities Affairs Representative
NameLin YongchunGan Yanjia
Office AddressNo. 21, East Section of Gaoxin Avenue, Nanning High-tech ZoneNo. 21, East Section of Gaoxin Avenue, Nanning High-tech Zone
Telephone0771-32165980771-3216598
Emailnnblkj@baling.com.cnnnblkj@baling.com.cn

2. Key Accounting Data and Financial Indicators

Whether the company needs to retroactively adjust or restate accounting data for previous years:

Current Reporting PeriodSame Period Last YearIncrease/Decrease
Operating Income (RMB)369,490,603.23283,307,347.1630.42%
Net Profit attributable to shareholders (RMB)57,707,187.1356,775,640.721.64%
Net Profit after non-recurring gains/losses (RMB)43,786,521.7955,210,548.55-20.69%
Net cash flow from operating activities (RMB)3,969,965.0911,725,667.76-66.14%
Basic earnings per share (RMB/share)0.200.200.00%
Diluted earnings per share (RMB/share)0.200.200.00%
Weighted average return on net assets5.99%6.23%-0.24%
End of Reporting PeriodEnd of Last YearIncrease/Decrease
Total Assets (RMB)1,305,820,464.721,309,536,624.71-0.28%
Net assets attributable to shareholders (RMB)988,771,678.70936,869,081.125.54%

III. Shareholder Information

3. Number of Shareholders and Shareholdings

Total common shareholders at end of period11,134Total preferred shareholders with voting rights restored (if any)0

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