Pubang Landscape Architecture Co Ltd

Pubang Shares disclosed its 2026 semi-annual report on the evening of August 28. During the reporting period, the net loss attributable to shareholders of the listed company was 10.33 million yuan, narrowing by nearly 70% year on year. The company's urban operations business maintained steady development. In the second quarter, the value of newly signed orders and contracts won but not yet signed exceeded 120 million yuan, up 21% year on year and up 88% quarter on quarter. It also won the 2026 to 2029 landscaping maintenance service project for Sanya International Duty Free City and the integrated sanitation and greening outsourcing service project for Qingyuan Chimelong's self-driving area. The green construction segment posted a notable increase in performance, achieving operating revenue of 12.28 million yuan during the reporting period, up 71.72% year on year. The company said it will continue to focus on its core business, consolidate its advantages in ecological landscaping, and actively expand urban operations, green construction and other businesses.

Pubang Co. disclosed its business briefing for the second quarter of 2026, with new signed and won-but-unsigned orders in urban operations exceeding 120 million yuan, up 21 percent year-on-year and surging 88 percent quarter-on-quarter. The company has designated urban operations as a strategic development direction, leveraging three decades of experience in its core ecological landscaping business to continuously expand its business scale. In recent years, the company has successively undertaken urban operations projects at historic gardens and transportation hubs, such as greening maintenance services for Guangzhou Lanpu Garden and landscaping services for Terminal 3 of Guangzhou Baiyun International Airport, building competitive barriers in areas like the rejuvenation of ancient and famous trees and specialized plant maintenance. Going forward, the company will focus on smart city operation and maintenance as a breakthrough direction, promoting the transformation of its service model toward data-driven and systematic management.

Pubang Landscape Architecture has released its 2026 half-year performance forecast, expecting the net profit attributable to the parent company to narrow its loss by 52.39% to 76.20% year-on-year, with operating quality continuing to improve. The company recently won several urban operation projects, including the 2026 to 2029 landscaping maintenance service project for Sanya International Duty Free City, the 2026 integrated sanitation and landscaping outsourcing service project for Qingyuan Chimelong's Grand Self-Drive area, and the centralized procurement project for landscaping maintenance services in China Overseas Property's South China region. Among these, the contract value for the China Overseas Property South China centralized procurement project exceeded 83 million yuan. The urban operation segment is accelerating its growth into the company's second growth curve, with its order backlog continuously optimizing towards high creditworthiness, long cycles, and high stickiness.