Hubei Xinyangfeng Fertilizer Co Ltd

Xinyangfeng released its 2026 interim report on August 18, 2026. Total operating revenue was 11.281 billion yuan, and net profit attributable to the parent company was 961 million yuan. Net cash inflow from operating activities was 467 million yuan, a decrease of 537 million yuan from the same period last year, down 53.51 percent year on year. The company's latest asset-liability ratio was 39.76 percent, up 3.21 percentage points from the same period last year. The latest gross margin was 17.10 percent, down 0.91 percentage points from the previous quarter and down 0.24 percentage points from the same period last year. The latest return on equity was 7.63 percent, down 0.89 percentage points from the same period last year. Diluted earnings per share were 0.77 yuan. The latest total asset turnover was 0.53 times, and the latest inventory turnover was 2.25 times, down 0.01 times from the same period last year. The number of shareholders was 39,100. The top ten shareholders held 812 million shares, accounting for 64.69 percent of total share capital.

Xinyangfeng Agricultural Technology Co., Ltd. received a warning letter from the Hubei Securities Regulatory Bureau because the basis for recognizing revenue from certain trading businesses between 2018 and 2020 was insufficient, leading to overstatements of revenue by 153 million yuan, 111 million yuan, and 15 million yuan respectively. The company, along with Chairman Yang Caixue, President Huang Bin, and CFO Yang Xiaohong, were issued the warning. The Hubei Securities Regulatory Bureau decided to impose administrative regulatory measures of issuing warning letters on the company and the three individuals, and to record the matter in the securities and futures integrity archives. The company is required to submit a written report within 30 days of receiving the decision. The company stated that it had already explained and adjusted the relevant matters in the "Announcement on Corrections of Prior Accounting Errors" disclosed on April 28, 2026, and that this warning letter does not affect the company's normal production and operations.