Shouhui Group (02621) has released its interim results for the 2026 fiscal year, with revenue reaching approximately RMB 627 million, representing a year-on-year increase of around 13.1%. Gross profit stood at about RMB 183.5 million, reflecting a decline of roughly 6.7% compared to the prior year. Adjusted net profit was approximately RMB 73.3 million, up 11.5% year-on-year.

Profit attributable to equity shareholders of the company amounted to RMB 71.532 million, a significant decrease of 89.23% from the same period last year, with basic earnings per share of RMB 0.33.

During the first half of 2026, a confluence of factors impacted operations, including heightened macroeconomic uncertainty and the ongoing effects of the "reporting and bank-channel alignment" policy. Meanwhile, under the dynamic adjustment of life insurance预定利率, participating products experienced a structural growth opportunity driven by their "low guarantee plus floating returns" characteristics. The company seized this product transition window by increasing market investment, which propelled first-year premiums to achieve double-digit growth.

In the first half of 2026, the company generated first-year premiums of RMB 2.21 billion, a surge of 41.6% year-on-year, while total premiums reached RMB 5.59 billion, up 12.0%. Premiums from participating products soared to RMB 1.23 billion, representing a remarkable increase of over 400%, with corresponding revenue climbing more than 250% year-on-year.

The company noted that the decrease in profit is primarily attributable to the recognition of a RMB 619 million gain from changes in fair value of preferred shares issued to investors (classified as financial liabilities prior to listing) in the same period last year, whereas no such gain was recorded in the current reporting period.