New Huangpu: Net profit is expected to grow year-on-year by 106.63% in the first half of 2026.

New Huangpu issued an announcement stating that it expects to realize net profit attributable to the owners of the parent company of 210 million yuan in the first half of 2026, which would increase by 108 million yuan compared with the same period last year, representing an increase of about 106.63% year-on-year. It also expects to realize net profit attributable to the owners of the parent company after deducting non-recurring gains and losses of -8.82 million yuan in the first half of 2026, which would decrease by 88.65 million yuan compared with the same period last year, representing a decrease of about 111.05% year-on-year.

The year-on-year increase in net profit attributable to the parent company for this period is because the company’s investment income for this period increased compared with the same period last year. This is mainly due to the company issuing the Taibao Assets—New Huangpu Zhumu City rental-housing held real estate asset-backed special plan. The year-on-year decrease in net profit attributable to the parent company after deducting non-recurring gains and losses for this period is mainly because the company is in a transformation period, resulting in a reduction in real estate settlement revenue.