Zhengye International (03363.HK): Expected First-Half Profit of No Less Than RMB 20 Million

NewTimeSpace News: On August 14, 2026, Zhengye International (03363.HK) issued a positive profit alert stating that, based on a preliminary review of unaudited consolidated management accounts, the Group expects to record a profit attributable to owners of the company of no less than RMB 20 million for the first half of the year, versus approximately RMB 2.33 million in the same period last year.

The announcement indicated that the profit growth was mainly attributable to the recovery of prices in China's packaging paper industry and improvements in the export market in the first half of 2026, which drove an increase in the average selling price of corrugated medium paper products year-on-year; coupled with the Group's phased renovation of production lines in the papermaking segment to optimize production costs, profitability in the papermaking segment improved.

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