ST Xingnong said at the 2026 semi-annual and third quarter results briefing that the company's agricultural machinery business will no longer blindly pursue sales scale, moderately control the shipment of low-margin models, focus on high-value-added products, increase the proportion of advance accounts receivable, control accounts receivable, and speed up the return of capital; at the same time, rely on existing production capacity to accept external orders and share fixed manufacturing costs; the fuel pump business will increase sales scale and moderately increase domestic share; the special purpose vehicle business will carefully accept orders, prefer projects with controlled gross profit and payback, and reduce idle production capacity costs.

Zhitongcaijing · 2d ago
ST Xingnong said at the 2026 semi-annual and third quarter results briefing that the company's agricultural machinery business will no longer blindly pursue sales scale, moderately control the shipment of low-margin models, focus on high-value-added products, increase the proportion of advance accounts receivable, control accounts receivable, and speed up the return of capital; at the same time, rely on existing production capacity to accept external orders and share fixed manufacturing costs; the fuel pump business will increase sales scale and moderately increase domestic share; the special purpose vehicle business will carefully accept orders, prefer projects with controlled gross profit and payback, and reduce idle production capacity costs.