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712: Tianjin 712 Communications and Broadcasting Co., Ltd. – 2026 Semi-Annual Performance Forecast
China Electronics Defense is seeking a listing on the STAR Market, focusing on businesses such as wireless communications, with a high degree of customer concentration.
Accounts receivable balance is substantial.
Qieruyi (603712): Near-term earnings under pressure; sustained high R&D investment builds long-term competitive moat
Key Takeaway: In 2025, the company reported revenue of RMB 2.148 billion, a year-over-year decrease of 0.27%; net loss attributable to shareholders of the listed company amounted to RMB 492 million, a year-over-year decline of 97.78%. The company's performance resulted in a loss.
Jiuyi'Er (603712.SH) announced that the Beijing Stock Exchange listing counseling for its subsidiary, Jin Yi Communication, has been successfully completed.
Qier Yi'Er (603712.SH) announced that on May 28, 2026, the Tianjin Securities Regulatory Bureau issued the "Letter Confirming Completion of the Review of China Galaxy Securities Co., Ltd.'s Sponsorship Guidance" (Tianjin Securities Regulatory Bureau Letter [2026] No. 233), confirming the completion of the review of China Galaxy Securities' sponsorship guidance for the company's majority-owned subsidiary, Tianjin Qier Yi'Er Mobile Communications Co., Ltd. (hereinafter referred to as "Jinyi Communications"), regarding its public offering of shares to unspecified qualified investors and listing on the Beijing Stock Exchange.
Qiyi'er (603712): Demand Bottoming Out, Continuous R&D Investment Ensures Technological Edge
The company released its Q1 2026 report, achieving operating revenue of 246 million yuan, representing a year-over-year increase of 13.79%. The net profit attributable to shareholders recorded a loss of 65 million yuan, reflecting a year-over-year decrease of 20.71%. The company continues to deepen its market presence.
Qiyi'er (603712): Demand Temporarily Slows, Awaiting Recovery in Market Conditions
The company released its 2025 annual report, achieving operating revenue of RMB 2.148 billion in 2025A, a year-on-year decrease of 0.27%, and a net loss attributable to shareholders of RMB 492 million. Quarterly analysis shows that the company's Q4 2025 realized revenue...