Yichen Industrial Group projects 72.9% fall in H1 2026 net profit to RMB 13.20 million on weaker rail-fastening sales

Bulletin Express
Aug 14

Hebei Yichen Industrial Group Corporation Limited (Yichen Industrial Group) has issued a profit warning, indicating that unaudited consolidated net profit for the six months ended 30 June 2026 is expected to be about RMB 13.20 million. This represents a decline of RMB 35.50 million, or approximately 72.9%, from the RMB 48.70 million recorded in the same period of 2025.

Management attributes the downturn mainly to softer demand for rail-fastening system products. Slower railway project progress and changes in product mix cut gross profit by roughly RMB 42.60 million during the period.

The announced figures are based on preliminary management accounts that have not yet been audited or reviewed. Final interim results are scheduled for release in August 2026. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.

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