Beijing Toread Outdoor Product

Toread released its 2026 half-year report, with net profit attributable to the parent rising 155.1% year-on-year to 51.25 million yuan. The company's operating revenue was 929 million yuan, up 42.3% year-on-year; net profit attributable to the parent after deducting non-recurring items was 45.86 million yuan, up 191.0% year-on-year; and net operating cash flow was negative 43.3 million yuan, an improvement of 71.5% year-on-year. In the second quarter, operating revenue was 434 million yuan, up 45.8% year-on-year, while net profit attributable to the parent recorded a loss of 5.19 million yuan, narrower than the loss of 29.23 million yuan in the same period last year. The company's main businesses cover outdoor products and chip operations. During the reporting period, it completed the acquisitions of Betterlife and Shanghai Tongtu, forming a complete layout of sensing, display, control, and application.

Toread released its semi-annual report for 2026, achieving operating revenue of 929 million yuan, up 42.34% year on year. Net profit attributable to shareholders of the listed company was 51.2531 million yuan, up 155.06% year on year. The company posted a net loss of 5 million yuan in the second quarter, while net profit in the first quarter was 56 million yuan. Based on this calculation, net profit swung from profit to loss quarter on quarter in the second quarter.

Yisheng Shares released its 2026 half-year report, with attributable net profit reaching 308 million yuan in the first half, up 4,897.29% year-on-year, and recurring attributable net profit of 307 million yuan, up 9,002.55%. The company's parent stock broiler sales volume and average selling price both rose sharply year-on-year, while the commercial chick business also achieved increases in both volume and price. Its breeding pig business sold a total of 73,557 breeding pigs, an increase of over 90% year-on-year. The company also announced a half-year profit distribution plan, proposing a cash dividend of 1.50 yuan per 10 shares to all shareholders, with a total expected payout of 211 million yuan, potentially setting a new record for the highest mid-term dividend since listing. With State Council approval, the General Administration of Sport released the first national-level special plan themed on building a sporting powerhouse, the National Sports Power Plan for the 15th Five-Year Period, setting five major development indicators including total sports industry output exceeding 7 trillion yuan by 2030. Among A-share listed companies in the sports industry chain, 15 have released half-year performance forecasts, with 5 projecting net profit growth. Sanfo Outdoor expects attributable net profit to rise 137.82% to 256.73% year-on-year in the first half, while Toread expects growth of 128.92% to 178.69%.

Toread has issued a performance forecast, estimating that net profit attributable to shareholders of the listed company for the first half of 2026 will be between 46 million yuan and 56 million yuan, representing a year-on-year increase of 128.92% to 178.69%. The profit growth is mainly driven by the improving chip business, the inclusion of a newly acquired company in the consolidated financial statements which boosted profit contributions, and exchange gains from currency fluctuations. The company's net profit for the first quarter was 56 million yuan, while the second quarter is expected to post a net loss of between zero and 10 million yuan, swinging from profit to loss on a quarter-on-quarter basis.