Visual China Group Co Ltd

Visual China Group disclosed its 2026 interim report. In the first half, it achieved operating revenue of 370 million yuan, down 7.33% year on year. Net profit attributable to shareholders of the listed company was 101 million yuan, up 130.96% year on year. Basic earnings per share were 0.1449 yuan. The company plans to distribute a cash dividend of 0.06 yuan per 10 shares, tax included. The change in net profit was mainly due to a year-on-year increase in fair value gains and losses arising from fluctuations in the share price of MiniMax, a company in which Visual China Group has invested.

Based on the equity registration date, a total of six listed companies will implement their dividend plans today. Among them, four companies are distributing at least 1 yuan in cash per 10 shares. Foxconn Industrial Internet offers the most generous payout at 6.50 yuan per 10 shares, followed by Spring Airlines and ST Humanwell with 5.30 yuan and 4.80 yuan per 10 shares respectively. Looking at share price performance over the past five trading days, Guomai Culture rose 5.05 percent, the biggest gainer, while Visual China Group and ST Humanwell climbed 2.95 percent and 2.63 percent respectively. In contrast, Foxconn Industrial Internet fell 14.44 percent over the same period. Statistics show that a total of 3,651 A-share companies have proposed distribution plans for 2025, of which 3,640 include cash dividends, with total cash payouts reaching 1.59 trillion yuan.

Visual China Group has disclosed its earnings forecast, estimating that net profit attributable to the parent company for the first half of 2026 will be between 100 million and 115 million yuan, representing a year-on-year increase of 128.42% to 162.68%. Net profit after deducting non-recurring items is expected to be between 29.5 million and 37 million yuan, a year-on-year decline of 11.37% to 29.33%. Basic earnings per share are projected at 0.1427 yuan to 0.1642 yuan. The change in the company's performance is mainly due to fluctuations in the share price of its investment in MiniMax, which generated a fair value change gain or loss of approximately 70.8518 million yuan, classified as non-recurring profit or loss. The company will continue to focus on its core business, optimize its product mix, strengthen cost and expense control, and address exchange rate fluctuation risks.