Shandong Hi-Speed Holdings Group Reports Interim Profit of RMB25 Million in Licensed Financial Services, Reversing Prior Loss; Non-Standard Investment Business Posts RMB177 Million Loss as Revenue Declines

Reuters
09/26
<a href="https://laohu8.com/S/600350">Shandong Hi-Speed</a> Holdings Group Reports Interim Profit of RMB25 Million in Licensed Financial Services, Reversing Prior Loss; Non-Standard Investment Business Posts RMB177 Million Loss as Revenue Declines

Shandong Hi-Speed Holdings Group Limited released its interim results for the 2025 reporting period. The Group's standardized investment business recorded a profit of approximately RMB 508 million, compared to a loss of approximately RMB 28 million for the same period last year. In contrast, the non-standard investment business reported a loss of approximately RMB 177 million, reversing from a profit of approximately RMB 63 million in the corresponding period. The decrease in revenue and the recorded loss in the non-standard investment segment were attributed to a focus on resolving existing risk projects and a reduction in new non-standard investment business during the period, coupled with increased impairment on certain assets. The Group's licensed financial services segment reported a profit of approximately RMB 25 million, compared to a loss of approximately RMB 86 million for the same period last year. The improvement was mainly attributable to the reversal of impairment losses. In terms of business strategy, the Group concentrated on reducing risk exposure in its existing non-standard investment portfolio, emphasizing debt restructuring, asset revitalization, and comprehensive risk resolution. The Group also continued to seek investment opportunities in sectors such as new energy and new infrastructure, aiming to support the integrated development of the entire industry chain through targeted financing services.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shandong Hi-Speed Holdings Group Limited published the original content used to generate this news brief on September 26, 2025, and is solely responsible for the information contained therein.

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