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Xiamen Jihong Package Technology Ltd

Xiamen Jihong Co., Ltd. operates in cross-border social e-commerce and paper packaging in Mainland China and internationally. It has three segments: Cross-border Social Ecommerce, Paper Packaging, and Others. Its offerings include marketing solutions, single-page advertisements on social software, one pack one code (OPOC) services, and packaging solutions such as folding cardboard, tobacco packaging, recyclable paper bags, QSR food-grade packaging, cluster packaging, and personalized packaging, along with concept, design, development, manufacturing, and logistics services. The company was formerly known as Xiamen Jihong Package Technology Ltd. and changed its name to Xiamen Jihong Technology Co., Ltd. in September 2019; it was incorporated in 2003 and is headquartered in Xiamen, China.

Price · split & dividend adjusted
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China
002803.CS▲6

Jihong Shares' first-half net profit rises 33.52% year on year

Jihong Shares announced that for the first half of 2026, the company achieved operating revenue of 3.7358 billion yuan, up 15.53% year on year. Net profit attributable to shareholders of the listed company was 157.75 million yuan, up 33.52% year on year; net profit after deducting non-recurring gains and losses was 148.37 million yuan, up 30.98%. Net cash flow from operating activities was 302.45 million yuan, up 65.60% year on year; basic earnings per share were 0.36 yuan, up 20.00%.
002803.CS · Capital · Positive First-half net profit up 33.52% year on year, beating expectations.
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Cloud & Digital Infrastructure▲

Jihong Shares and Alibaba Cloud Deepen AI Cooperation to Jointly Expand Cross-Border E-Commerce AI Agents and Qwen Large Model Going Global

Jihong Shares and Alibaba Cloud recently held a joint innovation seminar, launching cooperation around AI agent infrastructure, AI-native scenarios for cross-border e-commerce, and the overseas distribution of Qwen large model tokens. Company CTO Mao Hongbo introduced the self-developed Giikin AI+ platform and its bionic multi-agent architecture, and the technical teams from both sides focused on key topics such as enterprise-grade agent security, multi-agent co-evolution, and cross-border private knowledge bases. Alibaba Group Vice President Luo Weihua showcased the full-stack capabilities of the Bailian MaaS platform, providing customized optimization solutions for Jihong Shares' ten major agent product matrices, covering the entire cross-border chain including multilingual translation, video and image generation, intelligent product selection, and customer service. The two sides reached a consensus to reconstruct the entire cross-border operation process with AI agents at the core, and plan to leverage Alibaba Cloud's ATH token service system to promote the commercial deployment of the Qwen 3.8 flagship large model, establish a standardized token overseas distribution service system, and help domestic large models go global.
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Cloud & Digital Infrastructure › Mega-cap Hyperscalers ▲Demand
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002803.CS · Technology · Positive Jihong collaborates with Alibaba Cloud on AI agents and Qwen model deployment, enhancing its AI capabilities.
9988.HK · Demand · Positive Alibaba Cloud deepens AI cooperation with Jihong, expanding Qwen large model overseas distribution and AI agent services.
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002803.CS▼

Jihong Technology Plans Placement at About 17.02% Discount to Raise Net Proceeds of Approximately HK$113 Million

Jihong Technology announced it will place 9.37 million new shares at HK$12.24 per share, representing a discount of about 17.02% to the previous day's H-share closing price of HK$14.75. Assuming full placement, net proceeds will be approximately HK$113 million, of which 80% will be used to advance the global expansion and development of the company's cross-border social e-commerce business, 10% to optimize the existing supply chain network and expand the paper-based fast-moving consumer goods packaging business, and the remaining 10% as working capital and for general corporate purposes. The placement shares represent about 12.13% of the enlarged issued H-share capital and 2.09% of the total issued shares. In the first quarter of 2026, the company achieved revenue of 1.804 billion yuan and net profit attributable to the parent of 72.36 million yuan.
002803.CS · Capital · Negative Placement at 17% discount dilutes existing shareholders, raising HK$113M but at a steep discount.
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002803.CS▲3

Jihong Shares: First-Half Net Profit Attributable to Parent Expected to Rise 30%–50% Year-on-Year

Jihong Shares disclosed an earnings forecast, estimating that net profit attributable to the parent for the first half of 2026 will be between 154 million and 177 million yuan, representing a year-on-year increase of 30% to 50%, with basic earnings per share of 0.35 yuan to 0.4 yuan. Among this, the cross-border social e-commerce business is expected to see net profit grow by 140% to 160% year-on-year, and net profit attributable to shareholders of the listed company rise by 70% to 90%. The company's packaging business net profit has declined somewhat, but as new production capacity is gradually released, the profitability of the packaging business will improve.
002803.CS · Capital · Positive Company forecasts 30%-50% net profit growth for H1 2026, driven by strong cross-border e-commerce business.
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