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China Publishing & Media Hldg

China Publishing & Media Holdings Co., Ltd. publishes books, papers, and periodicals in China. Its publications span reference books, literature, languages, academic works, politics, ancient texts, law, economics and management, music, fine arts, science and technology, lifestyle, children's books, textbooks and supplementary materials, biographies, and animation. The company also distributes books, supplies paper, pulp, and binding materials, and provides printing and binding services for publications and other printed materials. Founded in 2011, it is based in Beijing, China.

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Price · split & dividend adjusted
News & notes moving 601949.CG
China
601949.CG▼

China Publishing's 2026 interim net profit falls 88.39% year on year

China Publishing released its 2026 interim report. Total operating revenue was 1.918 billion yuan, down 8.58% year on year. Net profit attributable to the parent company was 15.4307 million yuan, a sharp decline of 88.39% year on year. Net cash flow from operating activities was negative 246 million yuan, a decrease of 117 million yuan from the same period last year. The company's asset-liability ratio was 32.19%, gross margin was 31.08%, return on equity was 0.15%, and diluted earnings per share was 0.01 yuan. The number of shareholders was 46,400, and the top ten shareholders held 80.67% of the total share capital.
China Publishi… ▼
601949.CG · Capital · Negative Net profit fell 88.39% year on year, with revenue down 8.58% and negative operating cash flow.
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China
601949.CG▼

China Publishing Group's first-half net profit falls 88.39% year on year

China Publishing Group disclosed its 2026 semi-annual report on August 29. In the first half, it achieved total operating revenue of 1.918 billion yuan, down 8.58% year on year. Net profit attributable to the parent company was 15.4307 million yuan, down 88.39% year on year. Net profit after deducting non-recurring items was a loss of 59.6122 million yuan, compared with a profit of 68.9617 million yuan in the same period last year. Net cash flow from operating activities was negative 246 million yuan, compared with negative 250 million yuan in the same period last year. During the reporting period, the company's basic earnings per share were 0.0081 yuan, and the weighted average return on equity was 0.15%. Total non-recurring gains and losses were 75.0429 million yuan, of which government subsidies recognised in current profit or loss were 38.56 million yuan. As of the end of the first half of 2026, the company's inventory book value was 2.319 billion yuan, accounting for 23.04% of net assets, an increase of 88.7799 million yuan from the end of the previous year.
China Publishi… ▼
601949.CG · Capital · Negative Net profit attributable to parent fell 88.39% year on year, with a loss after deducting non-recurring items.
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China
Artificial Intelligence▲

Supernode concept heats up, Gongjin shares hit limit up

The supernode concept warmed up in early trading on the A-share market, with the switch sub-sector leading gains. Gongjin shares hit the daily limit up less than six minutes after the open, and by midday the limit-up order backlog exceeded 110,000 lots. On the news front, Alibaba Cloud's Lingjun Zhenwu M890 supernode instance officially went live on August 12, with the first batch available for sale in the Ulanqab region. Enterprise customers can activate a 64-card high-speed interconnected computing unit on the cloud, capable of supporting inference for MoE large models with up to ten trillion parameters. Liu Gaochang, chief computer analyst at Sinolink Securities, said the supernode industry has entered a phase of large-scale deployment, with the core incremental opportunities lying in switches and switching chips, servers and cabinets, and connectors. The AI corpus concept was also active, with Dook Media surging in early trading to touch the 20 percent daily limit up, and rising 8.67 percent by midday. CITIC Press and China Publishing were among other stocks that followed higher.
Shenzhen Gongj… ▲Dook Media Gro… ▲Citic Press Co… ▲China Publishi… ▲
Artificial Intelligence ▲Semiconductors
About megatrends
Artificial Intelligence › Switching & Networking Silicon/Systems ▲Demand
Artificial Intelligence › AI Server OEM & System Integration ▲Demand
Artificial Intelligence › AI Networking & Interconnect ▲Demand
Semiconductors › Logic, Compute & Connectivity Processors Demand
603118.CG · Demand · Positive Gongjin shares hit limit up as supernode concept heats up, with core opportunities in switches and switching chips.
301025.CS · Demand · Positive Dook Media surged on AI corpus concept, touching 20% limit up and rising 8.67%.
300788.CS · Demand · Positive CITIC Press followed higher in the AI corpus concept rally, benefiting from sector momentum.
601949.CG · Demand · Positive CITIC Press followed higher in the AI corpus concept rally, benefiting from sector momentum.
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601949.CG▼

China Publishing Expects Attributable Net Profit to Fall 88.71% Year-on-Year in First Half of 2026

China Publishing has disclosed its earnings forecast, expecting attributable net profit for the first half of 2026 to be 15 million yuan, a year-on-year decline of 88.71 percent. Deducted non-recurring net loss is projected at 60 million yuan, compared with a profit of 68.9617 million yuan in the same period last year. The company stated that its core publishing operations are under significant pressure due to factors such as the continued contraction of the national book retail market and intensifying industry competition. China Publishing is a large publishing enterprise primarily engaged in the publication of books, newspapers, periodicals, and other publications.
China Publishi… ▼
601949.CG · Demand · Negative Expects attributable net profit to fall 88.71% YoY due to continued contraction of national book retail market and intensifying industry competition.
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