HeBei Jinniu Chemical Industry Co Ltd

Jinniu Chemical released its 2026 interim report, with total operating revenue of 239 million yuan, up 1.95% year-on-year; net profit attributable to the parent company was 35.0998 million yuan, up 31.42% year-on-year, marking a third consecutive year of growth. Net cash inflow from operating activities was 52.9199 million yuan, up 104.52% year-on-year. The company's asset-liability ratio was 7.43%, ranking first among peers; gross margin was 31.93%, ranking third; ROE was 2.73%, ranking twenty-fourth. Diluted earnings per share were 0.05 yuan, up 31.30% year-on-year. Total asset turnover was 0.16 times, and inventory turnover was 30.88 times, ranking first. The number of shareholders was 74,000, with the top ten shareholders holding 61.14% of total share capital.

Jinniu Chemical's wholly-owned subsidiary Tianyue Company has signed a wind turbine equipment procurement contract with Mingyang Smart Energy. The contract value is 436 million yuan including tax. The contract covers 32 sets of complete wind turbines with a single unit capacity of 6.25 megawatts and auxiliary equipment, with a total installed capacity of 200 megawatts. The project is located in Longhua County, Chengde City, Hebei Province. The first six sets of turbines are expected to arrive before August 30, 2026, and all remaining units will arrive before June 30, 2027.