Wujin Stainless announced that from January to September 2026, it achieved operating income of 1,318 billion yuan, a year-on-year decrease of 23.30%; net loss attributable to shareholders of listed companies of 90 million yuan, a year-on-year decrease of 203.76%; gross sales margin of 3.42%, a year-on-year decrease of 9.98 percentage points; and a net cash outflow of 135 million yuan from operating activities, with a net inflow of 259 million yuan in the same period last year. Performance losses were mainly affected by factors such as a slowdown in capital expenditure in the downstream petrochemical industry, narrowing profits due to market competition, and loss of accrued assets and credit impairment. CSIC Peng Yuan maintained the company's principal credit rating and “Wujin Bonds Transfer” credit rating of AA, and the rating outlook is stable.

Zhitongcaijing · 3d ago
Wujin Stainless announced that from January to September 2026, it achieved operating income of 1,318 billion yuan, a year-on-year decrease of 23.30%; net loss attributable to shareholders of listed companies of 90 million yuan, a year-on-year decrease of 203.76%; gross sales margin of 3.42%, a year-on-year decrease of 9.98 percentage points; and a net cash outflow of 135 million yuan from operating activities, with a net inflow of 259 million yuan in the same period last year. Performance losses were mainly affected by factors such as a slowdown in capital expenditure in the downstream petrochemical industry, narrowing profits due to market competition, and loss of accrued assets and credit impairment. CSIC Peng Yuan maintained the company's principal credit rating and “Wujin Bonds Transfer” credit rating of AA, and the rating outlook is stable.