Jinfa Labi Maternity & Baby Articles Co Ltd

Jinfa Labi has released its 2026 interim report. The company's total operating revenue was 178 million yuan, and net profit attributable to the parent company was 849,900 yuan. Net cash flow from operating activities was negative 19.93 million yuan, a decrease of 15.81 million yuan compared with the same period last year. The company's latest asset-liability ratio was 11.13%, gross margin was 41.57%, return on equity was 0.13%, and diluted earnings per share was 0.00 yuan. Total asset turnover was 0.24 times, and inventory turnover was 0.94 times, down 17.20% from the same period last year. The company had 13,200 shareholders, and the top ten shareholders held 210 million shares, accounting for 59.44% of total share capital.

Jinfa Labi announced that its guaranteed entity, Guangdong Hanfei Plastic Surgery Hospital Co., Ltd., has experienced a debt default. The company previously signed a maximum guarantee contract with Industrial Bank, providing joint liability guarantee for Guangdong Hanfei with a maximum principal limit of 25 million yuan. The first principal of 7.95 million yuan loaned by Guangdong Hanfei from Industrial Bank matured on August 4, 2026, and as of the announcement date, this principal and part of the interest had not been repaid. On August 7, 2026, the company received a notice from Industrial Bank to fulfill the guarantee responsibility, learning that the bank had declared the entire 25 million yuan loan principal and interest due early, and demanded the company settle the amount in a lump sum within 15 days. In the first quarter of 2026, Jinfa Labi achieved revenue of 87.97 million yuan and a net profit attributable to the parent company of 120,000 yuan.