KEXIN DEVELOPMENT: Net profit of 22.8972 million yuan in the first half of 2025

KEXIN DEVELOPMENT announced that in the first half of 2025, operating revenue reached 129 million yuan, a year-on-year increase of 319.15%. Net profit was 22.8972 million yuan. The company has no profit distribution plan or capital reserve transfer to increase share capital plan for this reporting period

KEXIN DEVELOPMENT SAYS TRADING IN SHARES TO RESUME ON MAY 20

On May 20th, *ST KEXIN will remove the delisting risk warning from the market opening

KEXIN DEVELOPMENT announced that starting from May 20, 2025, it will remove the delisting risk warning, and the stock abbreviation will change from "*KEXIN DEVELOPMENT" to "KEXIN DEVELOPMENT," while the stock code will remain unchanged. The stock will be suspended for one day on May 19, 2025, and after resuming trading, the daily price fluctuation limit will be adjusted from 5% to 10%

KEXIN DEVELOPMENT: Plans to apply for the cancellation of delisting risk warning

KEXIN DEVELOPMENT announcement, the situation that triggered the delisting risk warning for the company's stock has been eliminated, and it meets the conditions for applying to revoke the delisting risk warning as stipulated in Article 9.3.7 of the Stock Listing Rules. The company has applied to the Shanghai Stock Exchange to revoke the delisting risk warning in accordance with relevant regulations. In 2024, the operating revenue reached 375 million yuan, with a net profit attributable to the parent company's owners of 39.977 million yuan, and a net profit attributable to the parent company's owners after deducting non-recurring gains and losses of 8.1013 million yuan

ST KEXIN announced a preliminary profit, expecting a net profit of 35.3497 million yuan to 42.418 million yuan for the fiscal year 2024

KEXIN DEVELOPMENT released its 2024 performance forecast, expecting a net profit of between 35.3497 million yuan and 42.418 million yuan, turning a profit. The net profit after deducting non-recurring gains and losses is expected to be between 8.6827 million yuan and 10.4189 million yuan. The company focuses on renovation business, adding multiple types of renovation projects and signing several orders to drive business growth. In addition, it is expected to sell its equity in Shaanxi Runtin Advertising Co., Ltd. in the fourth quarter of 2024, obtaining an investment income of approximately 12.49 million yuan