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Having accumulated losses of nearly 1.8 billion yuan over five years, Xinzhu Corporation divests its loss-making businesses as a strategic move to survive, while injecting 56 billion yuan worth of clean energy assets.
Xinzhu Co., Ltd. invests 5.6 billion yuan in pursuit of transformation.
Express News | Xinzhu Corporation: Discloses Restructuring Report, Proposes Sale of Multiple Assets and Acquisition of 60% Equity in Shudao Clean Energy
Xinzhu Co., Ltd.: First Quarter Report for 2026
Xinzhu Co., Ltd. (002480.SZ) reported a net loss of 37.9381 million yuan in the first quarter.
According to the announcement by Xinzhu Co., Ltd. (002480.SZ) on April 28th via Glodon, the company's Q1 2026 financial report shows that for January to March 2026, it achieved operating revenue of 329 million yuan, a year-on-year decrease of 1.81%; net loss amounted to 37.9381 million yuan, with the loss widening by 110.11% year-on-year; non-recurring net loss reached 41.0291 million yuan, with the loss expanding by 34.16% year-on-year. The basic loss per share was 0.0493 yuan.
Xinzhu Co., Ltd.: 2025 Annual Report
Xinzhu Co., Ltd.: Summary of the 2025 Annual Report