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Nanjing Xinbai: Net profit in the first half of 2026 is expected to fall year over year by 77.15% to 78.90%

K-LinePoet
Nanjing Xinbai Co., Ltd. announcement: It expects net profit attributable to the first half of 2026 to be between 35.1202 million yuan and 38.0469 million yuan, representing a year-on-year decline of 77.15% to 78.90%. During the reporting period, sales of PROVENGE, a product of Dendreon Pharmaceuticals LLC controlled by the company’s wholly owned subsidiary, Shiding Biotechnology (Hong Kong) Co., Ltd., declined, reducing Shiding Hong Kong’s net profit by approximately 142 million yuan.
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