Frantec announced that in the first half of 2026, it achieved operating income of 1,238 billion yuan, an increase of 4.68%; net profit attributable to shareholders of listed companies was 122 million yuan, an increase of 0.24%; after deducting non-net profit of 94.6974 million yuan, a year-on-year decrease of 13.71%. During the reporting period, the company completed a change in control. The controlling shareholder was changed to a merger and acquisition investment partnership in Wuxi Xinyu, and the actual controller was changed to the People's Government of Xinwu District of Wuxi City. This change did not change the company's main business, business model and core management team.

Frantec announced that in the first half of 2026, it achieved operating income of 1,238 billion yuan, an increase of 4.68%; net profit attributable to shareholders of listed companies was 122 million yuan, an increase of 0.24%; after deducting non-net profit of 94.6974 million yuan, a year-on-year decrease of 13.71%. During the reporting period, the company completed a change in control. The controlling shareholder was changed to a merger and acquisition investment partnership in Wuxi Xinyu, and the actual controller was changed to the People's Government of Xinwu District of Wuxi City. This change did not change the company's main business, business model and core management team.