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Citic Press Corp

Citic Press Corporation operates in book publishing and distribution, digital services, and urban cultural space operations in China and internationally. Its business is organized into Book Publishing and Distribution, and Cultural Consumption and Other Value-Added Services segments. The company runs a chain of bookstores under the CITIC brand and offers digital reading products, courses, podcasts, video programs, enterprise learning platforms, AI intelligent agents, digital content distribution, and millet and plush toys, sold through online and offline direct sales and partnerships. Formerly CITIC Press Co., Ltd., it changed its name to CITIC Press Corporation in September 2013, was founded in 1993, is headquartered in Beijing, China, and operates as a subsidiary of CITIC Limited.

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Price · split & dividend adjusted
News & notes moving 300788.CS
China
300788.CS▼

CITIC Press first-half net profit falls over 30 percent as IP operations become new engine

CITIC Press disclosed its interim financial report for the first half of 2026, achieving operating revenue of 791 million yuan, down 3.87 percent year on year, and net profit attributable to shareholders of the listed company of 77 million yuan, down 36.42 percent year on year. Revenue from IP operations grew 174.46 percent year on year, becoming a new growth engine for the company, with sales of a single IP derivative exceeding 20 million yuan, and the company has officially elevated IP operations to its fourth main business pillar. The traditional book publishing and distribution business was affected by the high base from the previous year's super bestseller, the Nezha: Tales of the Three Realms series, with revenue down 13.64 percent year on year, dragging down overall performance. Digital intelligence services and urban cultural space operations achieved growth of 8.32 percent and 13.47 percent respectively, with the Zhixin platform serving nearly 300 corporate clients in total, and the flagship store at Joy City in Beijing's Chaoyang district drawing over 100,000 visits in its first week. Selling expenses rose 15.92 percent year on year, and research and development investment increased 41.65 percent, mainly used for the development of a supply chain collaboration platform and the Kuafu AI platform, while net cash flow from operating activities decreased 46.45 percent year on year. The board of directors has drawn up a profit distribution plan, using total share capital of 190 million shares as the base, to distribute a cash dividend of 1.02 yuan per 10 shares to all shareholders before tax, with total cash dividends planned at approximately 19.4 million yuan.
300788.CS · Capital · Negative Net profit fell 36.42% year on year, with revenue down 3.87%, despite IP operations growth.
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China
300788.CS▼

CITIC Press 2026 Interim Report Net Profit Falls 36.42% Year-on-Year

CITIC Press released its 2026 interim report, with net profit attributable to the parent company of 77.0585 million yuan, down 36.42% from the same period last year. Total operating revenue was 791 million yuan, down 3.87% year-on-year. Net cash inflow from operating activities was 30.2642 million yuan, down 46.45% year-on-year. The company's latest asset-liability ratio was 31.90%, gross margin was 40.27%, ROE was 3.43%, and diluted earnings per share was 0.41 yuan.
300788.CS · Capital · Negative Net profit fell 36.42% year-on-year in the interim report.
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China
Artificial Intelligence▲

Supernode concept heats up, Gongjin shares hit limit up

The supernode concept warmed up in early trading on the A-share market, with the switch sub-sector leading gains. Gongjin shares hit the daily limit up less than six minutes after the open, and by midday the limit-up order backlog exceeded 110,000 lots. On the news front, Alibaba Cloud's Lingjun Zhenwu M890 supernode instance officially went live on August 12, with the first batch available for sale in the Ulanqab region. Enterprise customers can activate a 64-card high-speed interconnected computing unit on the cloud, capable of supporting inference for MoE large models with up to ten trillion parameters. Liu Gaochang, chief computer analyst at Sinolink Securities, said the supernode industry has entered a phase of large-scale deployment, with the core incremental opportunities lying in switches and switching chips, servers and cabinets, and connectors. The AI corpus concept was also active, with Dook Media surging in early trading to touch the 20 percent daily limit up, and rising 8.67 percent by midday. CITIC Press and China Publishing were among other stocks that followed higher.
About megatrends
Artificial Intelligence › Switching & Networking Silicon/Systems ▲Demand
Artificial Intelligence › AI Server OEM & System Integration ▲Demand
Artificial Intelligence › AI Networking & Interconnect ▲Demand
Semiconductors › Logic, Compute & Connectivity Processors Demand
603118.CG · Demand · Positive Gongjin shares hit limit up as supernode concept heats up, with core opportunities in switches and switching chips.
301025.CS · Demand · Positive Dook Media surged on AI corpus concept, touching 20% limit up and rising 8.67%.
300788.CS · Demand · Positive CITIC Press followed higher in the AI corpus concept rally, benefiting from sector momentum.
601949.CG · Demand · Positive CITIC Press followed higher in the AI corpus concept rally, benefiting from sector momentum.
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