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Fosun International Reports 1H2026 Results: Total Revenue RMB86.96 Billion, Net Profit RMB1.72 Billion

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HONG KONG, Aug. 28, 2026 /PRNewswire/ — On 27 August 2026, Fosun International Limited (HKEX stock code: 00656, “Fosun International”), together with its subsidiaries (“Fosun” or the “Group”), announced its interim results for the six months ended 30 June 2026 (the “Reporting Period”).

In the first half of 2026, Fosun continued to advance its business streamlining and core business-focused strategy. Powered by the twin engines of innovation and globalization, the operational quality of its core industries, including pharmaceuticals and healthcare, insurance and finance, and cultural tourism and consumer businesses, steadily improved and gained collective momentum, driving a notable increase in profitability.

During the Reporting Period, the Group’s total revenue reached RMB86.96 billion, remaining broadly stable despite the continued divestment of non-strategic and non-core assets; industrial operation profit reached RMB3.69 billion, representing a year-on-year increase of 17%; and profit attributable to owners of the parent reached RMB1.72 billion, representing a significant year-on-year increase of 160.3%.

During the Reporting Period, Fosun’s asset base remained solid, with its subsidiaries Fosun Pharma, Yuyuan, Fosun Insurance Portugal (Fidelidade), and Fosun’s Tourism segment generating a total revenue of RMB63.88 billion, accounting for 73.5% of the Group’s total revenue.

Guo Guangchang, Chairman of Fosun International, said: “Over the past few years, Fosun has steadfastly advanced its business streamlining and core business-focused strategy, and completed a systematic realignment of ‘repairing the roof on a sunny day’. The strong earnings recovery we delivered in the first half of this year validates our strategic direction and sustained focus. Fosun has now returned to a growth trajectory and is well-positioned to accelerate its growth going forward.”

Supported by its business presence and profound operations in more than 40 countries and regions worldwide, Fosun comprehensively advanced its strategy of “Combining Global Resources with China’s Capabilities”, deeply integrating China’s manufacturing capabilities, service capabilities, and innovation dividends with the global market. In the first half of 2026, overseas revenue reached RMB49.16 billion, representing a year-on-year increase of 5.3%. Its share of total revenue rose by 3 percentage points to 56.5%, underscoring the success of its globalization strategy.

In the first half of 2026, Fosun remained committed to innovation-driven development, fully embraced AI applications, accelerated the conversion of its technology innovations into tangible value, and continued to enhance operational efficiency. During the Reporting Period, Fosun’s investment in technology innovation reached RMB4.2 billion, representing a year-on-year increase of 16.7%. Its global innovation system integrating “independent R&D + investment incubation + ecosystem collaboration” continued to gain momentum, fostering a series of globally competitive innovations.

Meanwhile, Fosun adhered to proactive and prudent liquidity and debt management, maintaining sufficient liquidity buffer. During the Reporting Period, the Group generated proceeds equivalent to more than RMB12.0 billion from the divestment of non-strategic and non-core assets. As at 30 June 2026, cash, bank balances and term deposits amounted to RMB61.214 billion, an increase compared to the end of 2025; the total debt to total capital ratio was 55.7%, a further decrease compared to the end of 2025. A healthy debt ratio and ample cash reserves strengthen the Group’s risk resilience while also enhancing its capacity to seize investment opportunities.

During the Reporting Period, Fosun continued to gain international recognition for its environmental, social and governance (ESG) performance. Its MSCI ESG rating was upgraded to the highest rating of AAA. It was once again included in S&P Global’s Sustainability Yearbook 2026 and ranked among the top 1% in the Sustainability Yearbook (China Edition) 2026. In addition, its FTSE Russell ESG score remained above the global industry and Chinese corporate averages. It was selected as a constituent of the FTSE4Good Index Series for the fifth consecutive year.

Looking ahead, Guo Guangchang said: “The earnings recovery we delivered in the first half of the year was no coincidence. It was the result of Fosun’s long-term commitment and sustained focus on its core businesses. Going forward, we will continue to advance innovation-driven and global development in industries where we have established competitive advantages. With a clear path ahead, we are confident that we can steadily restore annual profit to the RMB10 billion level.”

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CGTN AMERICA & CCTV UN: Kyrgyz Audiences Get Access to Chinese Documentaries, Drama and Cultural Programs in Bishkek Screening Event

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A new series of Chinese documentaries, dramas and cultural programs launched in Kyrgyzstan, bringing stories of Chinese craftsmanship, intangible heritage, traditional medicine and daily life to Central Asian viewers, according to a report from China Media Group (CMG) on Wednesday.

WASHINGTON, Aug. 28, 2026 /PRNewswire-PRWeb/ — (This material is distributed by MediaLinks TV, LLC on behalf of CCTV. Additional information is available at the Department of Justice, Washington, D.C.)

CGTN America & CCTV UN releases “Kyrgyz Audiences Get Access to Chinese Documentaries, Drama and Cultural Programs in Bishkek Screening Event”

A new series of Chinese documentaries, dramas and cultural programs launched in Kyrgyzstan, bringing stories of Chinese craftsmanship, intangible heritage, traditional medicine and daily life to Central Asian viewers, according to a report from China Media Group (CMG) on Wednesday.

The screening event, held in Bishkek, features nearly 10 programs produced by CMG. The content will air through the end of October on Kyrgyzstan’s national broadcaster and other regional media outlets.

The initiative builds on a media cooperation agreement signed between CMG and Kyrgyzstan’s National Television and Radio Broadcasting Corporation last year during the Kyrgyz president’s visit to Beijing. This year marks the 25th anniversary of the Shanghai Cooperation Organization (SCO), with Kyrgyzstan hosting the SCO summit as this year’s rotating chair.

The programs on offer range from short-form cultural features to full-length series. Among them, a food-themed drama follows daily life in a restaurant in northwest China, while documentary series spotlight traditional arts, herbal medicine and Chinese design heritage – content that highlights the diversity of contemporary Chinese storytelling beyond blockbuster films.

CMG has steadily expanded its programming reach across Central Asia in recent years. Previous screening campaigns have placed nearly 20 Chinese programs on regional broadcasters, covering topics from culture to contemporary art. Multiple media outlets from SCO member states are covering the current event, reflecting growing cross-border media collaboration in the region.

Media Contact
Sun, CGTN America, 1 2023931850, distribution@cgtnamerica.com 

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SOURCE CGTN America

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Addressing Multi-Subcell Mass Production Challenges | Lead Intelligent’s Integrated Solution Unlocks New Pathways for PV Cost Reduction and Higher Output

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WUXI, China, Aug. 28, 2026 /PRNewswire/ — As the photovoltaic industry accelerates its transition toward thinner wafers and higher-power modules, multi-subcell technology has become a key pathway for next-generation high-efficiency production. By improving power generation efficiency, reducing silicon material consumption, and enhancing module resistance against microcracks and hot spots, multi-subcell enables higher-performance modules without changing existing module dimensions—making it a mainstream technology choice for manufacturers pursuing high-efficiency capacity expansion.

However, transforming this technology from concept into stable mass production remains challenging. Laser slicing processes can introduce fragment risks, edge damage during cutting may accelerate cell degradation, and achieving both high-speed production and precision control in thin-wafer stringing remains difficult. These challenges continue to slow down manufacturers’ capacity expansion plans.

Simplifying the Production Line, Maximizing Manufacturing Efficiency

To address the challenges across scribe, passivation, sorting, and stringing processes, Lead Intelligent has developed a complete turnkey multi-slicing production line solution. By integrating all critical manufacturing steps into a unified equipment platform, the solution enables end-to-end process optimization and eliminates key bottlenecks in high-volume production.

Higher Throughput with Fewer Breakages and Lower Material Loss

The integrated solution combines laser scribe, automated material handling, edge passivation, and testing processes, creating a complete front-end manufacturing workflow designed for high-efficiency PV production.

High Throughput for GW-Scale Manufacturing

The scribe system achieves a single-machine capacity of ≥12,000 full-size wafers per hour, while the multi-subcell sorting system reaches ≥10,000 full-size wafers per hour, fully supporting the throughput requirements of gigawatt-scale photovoltaic manufacturing facilities.

Flexible Processing Architecture Minimizes Breakage Risks

Equipped with multiple vision inspection systems, combined with flexible alignment and handling mechanisms, the solution provides continuous protection throughout wafer processing. By reducing mechanical stress during transfer and positioning, it minimizes wafer breakage and improves production yield from the source.

Process Integration Reduces Edge Degradation

The integrated edge passivation module repairs cutting-induced damage, while interconnected equipment data enables rapid defect tracing and process optimization. This significantly shortens production line commissioning cycles and improves overall manufacturing stability.

Multi-Subcell Stringer

As the core equipment within the integrated production line, the multi-subcell stringer is specifically designed to overcome the key challenges associated with high-volume multi-subcell solar cell production.

High Throughput

With a production capacity of up to 16,000 cells per hour, the system effectively addresses the industry challenge of significant throughput reduction after wafer slicing, enabling manufacturers to maintain high productivity in advanced PV production.

High Precision

Built on a granite base platform and equipped with high-precision linear motors, together with advanced vibration suppression technology, the system achieves highly accurate cell positioning and stable high-speed operation.

Superior Welding Quality

The system integrates a uniform-temperature welding zone with closed-loop temperature control to ensure consistent welding performance. Optional buffering and encapsulation processes enable seamless integration with downstream lamination processes, further improving production continuity.

Four Core Benefits Driving Long-Term Manufacturing Value

Leveraging the combined advantages of integrated production equipment and the PHM (Prognostics and Health Management) intelligent predictive maintenance platform, Lead Intelligent’s multi-subcell turnkey solution creates measurable value for customers across four key dimensions: production capacity, material utilization, equipment operation, and long-term scalability.

Maximizing Production Output and Reducing Equipment Cost per Watt

Through high-speed coordination across the entire production line, the system maintains an overall equipment availability rate of ≥98.5%. With higher output within the same factory footprint, the solution improves production efficiency compared with conventional industry approaches and effectively reduces equipment depreciation costs per watt.

Reducing Material Loss and Improving Silicon Utilization

Through comprehensive soft-contact protection mechanisms and multi-layer visual inspection systems designed to prevent wafer breakage, the solution significantly reduces cell scrap rates and minimizes raw material losses throughout production.

PHM Predictive Maintenance Enables Proactive Equipment Management

Powered by Lead Intelligent’s proprietary PHM intelligent maintenance platform, the solution transforms traditional maintenance models from reactive repair and scheduled servicing into proactive equipment health management. By enabling early fault detection and predictive intervention, the system helps reduce both manual inspection requirements and production downtime costs. The average annual maintenance cost of the stringer system is controlled below RMB 60,000, further improving operational efficiency through digitalized maintenance.

Multi-Technology Compatibility Supports Long-Term Product Evolution

The solution is compatible with thin-wafer manufacturing and various next-generation solar cell technologies, while supporting rapid switching between different multi-subcell formats to accommodate future product upgrades. Through a unified turnkey solution covering equipment, data systems, and after-sales services, Lead Intelligent helps customers avoid complex coordination among multiple suppliers while significantly reducing long-term operation and maintenance management challenges.

Multi-subcell technology has become a critical pathway for reducing the levelized cost of electricity (LCOE) in the photovoltaic industry. However, the complexity of full-process manufacturing integration has prevented many companies from successfully transitioning this technology into stable mass production. As a global provider of intelligent manufacturing solutions for the new energy industry, Lead Intelligent has developed a comprehensive multi-subcell turnkey solution covering scribe, automation, passivation, sorting, stringing, and intelligent maintenance.

By addressing critical manufacturing challenges across the entire value chain—including cutting yield, thin-wafer microcracks, insufficient production capacity, and high maintenance costs—the solution enables photovoltaic manufacturers worldwide to accelerate the deployment of high-efficiency multi-subcell production lines. With integrated capabilities in high throughput, low material loss, and intelligent equipment management, Lead Intelligent continues to support the PV industry’s transition toward higher-quality, lower-cost, and more sustainable manufacturing.

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Tetragon Financial Group Limited July 2026 Monthly Factsheet

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LONDON, Aug. 28, 2026 /PRNewswire/ — Tetragon has released its Monthly Factsheet for July 2026.

Please click below to access the Monthly Factsheet.

July 2026 Factsheet

About Tetragon:

Tetragon Financial Group is a Guernsey closed-ended investment company. Its non-voting shares are listed on Euronext in Amsterdam, a regulated market of Euronext Amsterdam N.V., and also traded on the Specialist Fund Segment of the Main Market of the London Stock Exchange. Our investment manager is Tetragon Financial Management LP. Find out more at www.tetragoninv.com/shareholders.

Tetragon’s non-voting shares are subject to restrictions on ownership by U.S. persons and are not intended for European retail investors. Please see: www.tetragoninv.com/shareholders/additional-info/.       

Tetragon Investor Relations:
Yuko Thomas
ir@tetragoninv.com

Press Inquiries:
Prosek Partners
pro-tetragon@prosek.com
U.K. +44 20 3890 9193
U.S. +1 212 279 3115

This release does not contain or constitute an offer to sell or a solicitation of an offer to purchase securities in the United States or any other jurisdiction. The securities of Tetragon have not been and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States or to U.S. persons unless they are registered under applicable law or exempt from registration. Tetragon does not intend to register any portion of its securities in the United States or to conduct a public offer of securities in the United States. In addition, Tetragon has not been and will not be registered under the U.S. Investment Company Act of 1940, and investors will not be entitled to the benefits of such Act. Tetragon is registered in the public register of the Netherlands Authority for the Financial Markets under Section 1:107 of the Financial Markets Supervision Act as a collective investment scheme from a designated country.      

View original content:https://www.prnewswire.co.uk/news-releases/tetragon-financial-group-limited-july-2026-monthly-factsheet-302861982.html

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