Media OutReach
ZJLD Group Announces FY2026 Interim Results
Navigating Market Cycles with Operational Resilience, Core Business Stabilizes and Rebounds, Marking a Strategic Turnaround and New Growth Phase
HONG KONG SAR – Media OutReach Newswire – 20 August 2026 – ZJLD Group Inc. (“ZJLD” or the “Company”, together with the Company’s subsidiaries, collectively the “Group”) (SEHK stock code: 06979.HK), a flagship enterprise in China’s baijiu industry and the first baijiu company listed on the Hong Kong Stock Exchange, is pleased to announce its interim financial results for the six months ended 30 June 2026 (“FY 2026 1H” or the “Period”)
In the first half of 2026, the broader baijiu industry operated within a demanding macroeconomic environment characterized by structural adjustments and sluggish consumer demand. In response to cyclical headwinds during the Period, the Group proactively optimized its operational strategies, strengthened healthy channel management, and accelerated digital innovation, resulting in comprehensive stabilization and an operational rebound. The year 2026 marks a pivotal strategic inflection point for ZJLD, signaling the completion of a two-year industry-driven consolidation and the onset of a new high-quality growth cycle.
The key financial and business highlights are as follows:
| FY 2026 1H
(for the six months ended June 30, 2026) (RMB‘000) |
FY 2025 1H
(for the six months ended June 30, 2025) (RMB‘000) |
Changed by | |
| Revenue | 2,546,069 | 2,497,106 | +2.0% |
| Gross profit | 1,520,856 | 1,474,284 | +3.2% |
| Gross profit margin | 59.7% | 59.0% | +0.7percentagepoints |
| Profit attributable to equity holders of the Company | 580,717 | 574,771 | +1.0% |
| Net cash generated from/(used in) operating activities | (234,035) | (322,274) | –27.4% |
| Adjusted net profit (non-IFRS measure) | 626,064 | 613,202 | +2.1% |
| Adjusted net profit margin (non-IFRS measure) | 24.6% | 24.6% | — |
Optimized Product Mix Drives Profitability; Multi-Brand Synergy Amplifies Resilience
- During the Period, the Group recorded revenue of RMB 2,546.1 million, representing a 2.0% year-on-year increase. Gross profit increased by 3.2% to RMB 1,520.9 million, while Adjusted Net Profit reached RMB 626.1 million, up 2.1% year-on-year. Benefiting from an expanded revenue contribution of Sub-premium products and the Li Du brand, alongside streamlined production efficiencies, the Group’s gross margin expanded by 0.7 percentage points to 59.7%. Net cash operation cash outflow narrowed significantly by 27.4%, underscoring rigorous cash flow management and prudent risk control.
- Zhenjiu (Flagship Brand): Generated RMB 1,342.4 million in revenue during the Period, accounting for 52.7% of total revenue. The Group exercised disciplined control over channel fulfilment ahead of the launch of the next-generation Zhen 15 to safeguard channel pricing integrity. Meanwhile, the strategic flagship product “Da Zhen” achieved strong growth and explosive nationwide expansion across 31 provinces and 280 cities, driving Zhenjiu’s gross margin up to 59.8%.
- Li Du (Second Growth Engine): Accelerated its growth momentum, recording revenue of RMB 788.0 million, sharply up 28.9% year-on-year. Driven by the national expansion of its Sub-premium and Mid-tier product portfolio, such as Li Du Sorghum 1975 (李渡高粱 1975), Li Du Sorghum * Changyin Collection Series (李渡高粱酒 · 暢飲珍藏版), and the Li Du King Series (李渡王系列), Li Du demonstrated formidable, explosive market penetration and volume growth.
- Xiangjiao & Kaikouxiao (Regional Powerhouse): Maintained solid market share within Hunan Province, generating RMB 282.8 million, up 2.0% year-on-year, and RMB 81.8 million, up 1.0% year-on-year, respectively in revenue, both delivering sustained market stabilization and modest growth.
- Sub-Premium Baijiu Segment: Delivered exceptional performance, achieving revenue of RMB 1,366.1 million, up 39.1% year-on-year. The segment’s contribution to overall revenue surged from 39.3% to 53.7%, reflecting the Group’s agile realignment with evolving consumer shifts toward rational spending and banquet occasions (e.g., weddings and celebrations), successfully capturing growth opportunities in the sub-premium segment.
- The Board of Directors does not recommend the declaration of an interim dividend for the six months ended 30 June 2026 (FY 2025 1H: nil).
Strategic Agility: Pioneering Channel Innovation & Digital Synergy as Dual-Engine
The Group’s proprietary “Premier Retailers Alliance” model and the Monthly Profit-sharing Model (“月月分利模式”) designed for the 5th Generation Zhen 15 have effectively resolved long-standing industry pain points, such as price inversion and distributor margin compression. By establishing competitive monthly margins, automating online ordering, and offering a share-linked sales incentive plan with certain distributors, the Group successfully attracted and retained high-calibre distributors with strong group-selling capabilities and direct access to end consumers. As of 30 June 2026, the Group’s distributor network expanded to 8,993 partners, an increase of 710 from the end of 2025.
Complementing this channel evolution, the Group adopted an omnichannel marketing framework combining “Community Penetration + Digital Empowerment”. Chairman Wu Xiangdong’s executive video channel (“Wu Jindong – ZJLD, 吳金東－珍酒李渡“) and regional cultural livestreams topped the “Entrepreneur Video IP 100 List” (企業家視頻IP100榜單) for seven consecutive months, averaging over one million views per broadcast. This sparked widespread co-created content with members of the Premier Retailers Alliance (萬商聯盟), creating a powerful online-to-offline traffic funnel. Simultaneously, Zhenjiu’s brand value rose to RMB 34.685 billion, a 103% gain over five years, solidifying among China’s top three sauce-aroma baijiu brands.
Forward-Looking AI Integration and Enterprise Digitization
The Group anchors its digital transformation strategy on operational capability and sustainable value creation. During the Period, in partnership with China Unicom, the Group developed an “AI + Expert Blending” framework powered by Large Language Models (LLMs). This synthesis of traditional heritage and advanced AI enables intelligent blending, elevating consistency, efficiency and craft precision. Furthermore, the Group upgraded Da Zhen‘s digital coding system to a “Six-Code” integration architecture, incorporating NFC anti-counterfeiting and ceramic jar storage metrics, as well as an RFID smart case labelling system to track and ensure precise volumetric measurement and end-to-end lifecycle traceability for every Da Zhen product. Zhenjiu was also awarded the national Data Management Capability Maturity Model (DCMM) Level 3 (Robust) accreditation, further validating its AI deployment and digital leadership.
Deepening Operational Foundations to Drive the New High-Quality Growth Cycle
Looking ahead to the second half of 2026 and beyond, ZJLD will maintain strategic poise by extending proven operational frameworks, such as the “Premier Retailers Alliance” and “Monthly Profit-sharing Model” to Zhen 30 and other core product lines. This initiative will precisely activate high-end and mid-tier markets while strengthening portfolio synergies across all price ranges. Concurrently, the Group will deepen its operation-sales decoupling (營銷分離) mechanism, rigorously monitor channel pricing, protect distributor profitability, and prioritize storage facility construction across its five major production facilities, namely Zhen Jiu Mao Tai Shuang Long (茅台鎮雙龍), Zhen Jiu Bai Yan Gou (白岩溝), Zhen Jiu Zhao Jia Gou (趙家溝), Li Du Zheng Jia Shan (鄭家山) and Xiang Jiao Jiang Bei (江北) to reinforce its long-term competitive moat.
Mr. Wu Xiangdong, Founder and Chairman of ZJLD Group, remarked, “Baijiu is a business that demands patience and reverence—time speaks through quality, and authentic fragrance endures. Over two years of industry rebalancing, our distributor partners and we have navigated genuine challenges and hardships; yet this period offered an invaluable window for reflection, consolidation, and self-reinvention. The deeper the valley, the more vital it is to stay grounded and focus on disciplined execution. Our stabilization in the first half of 2026 is the natural reward of diligent work and marks the dawn of a new growth phase. There are no shortcuts in business—only an uncompromising pursuit of quality, continuous market exploration, and adaptability in the face of change. In times of adversity, we chose to brew finer liquor, preserve channel profitability, and deliver utmost sincerity to our consumers. The launch of the ‘Premier Retailers Alliance’ and ‘Monthly Profit-sharing Model’ models ensures that every partner who trusts ZJLD enjoys security, clarity, and equitable rewards amid challenging conditions.
Engaging directly with consumers and merchants through digital broadcasts has reinvigorated my entrepreneurial passion and joy, which I felt when I first entered the baijiu industry. The consumers’ appreciation for fine baijiu remains undiminished, and their yearning for a better life remains passionate. 2026 serves as ZJLD’s springboard for a renewed journey. We remain a dedicated team of idealistic distillers, honoring nature’s harvest, grateful for the passage of time, and optimistic about the industry’s future. ZJLD will move forward with resilience, innovation, and an open heart alongside all our companions—cheers to bright moments and the journey ahead.”
Hashtag: #ZJLDGroup
The issuer is solely responsible for the content of this announcement.
About ZJLD Group Inc.
Zhen Jiu was established in 1975 in Zunyi, Kweichow, China’s primary production area of sauce-aroma baijiu. In 1988, it was honored with the National Quality Award at the 5th National Wine Appreciation Conference. In the same year, it was announced by the Protocol Department of the Ministry of Foreign Affairs, the Communication Department of the Ministry of Economy and Trade, and the Great Hall of the People Management Bureau to become one of the two sauce-aroma baijiu served at state banquets. It is also known as one of the “Three Representative Baijiu Brands in Kweichow”.
ZJLD Group Inc. is a leading baijiu group in China devoted to offering premium baijiu products, including sauce-aroma, mixed-aroma, and strong-aroma varieties. According to Frost & Sullivan statistics, the flagship brand Zhenjiu has maintained its position for two consecutive years (2023 and 2024) as the fourth-largest sauce-aroma baijiu brand in China and the third-largest in Guizhou Province, by revenue. The Company operates four baijiu brands in China, including two national baijiu brands, Zhen Jiu and Li Du, and two regional brands, Xiangjiao and Kaikouxiao. ZJLD prides itself on inheriting the time-honored baijiu-brewing techniques and reinvigorating them to develop iconic products. It strives to create a wide variety of aromatic and mellow baijiu products to meet consumers’ diverse preferences, seize broader market opportunities, and promote traditional Chinese baijiu culture.
Media OutReach
Three Kingdoms: Throne War Opens Pre-Registration Across Six Southeast Asian Markets Featuring Mark Lee as the Witty Alliance Lord
Mark Lee transforms into a Three Kingdoms Alliance Lord, showcasing the game’s core promise of “No Forced Grinding, No Endless Farming, No Progress Resets.”
Renowned Singaporean-Malaysian actor Mark Lee has been appointed as the official brand ambassador for Three Kingdoms: Throne War. Through a series of humorous campaign videos, he showcases the game’s key features, including the concept of no excessive grinding, no tedious farming, and no seasonal progress resets.
According to Wayi International, the title serves as a key milestone in the company’s Southeast Asian expansion plans, supported by its experience in game publishing and localized operations.
Returning Strategy to the Heart of SLG Gameplay
Three Kingdoms: Throne War is built around a “Strategy Over Grind” philosophy, reducing repetitive farming and intense early-game competition while placing greater emphasis on alliance teamwork, tactical decision-making, and long-term progression.
Three Kingdoms: Throne War allows players to freely build their own strategic lineups without locking progression behind specific heroes.
Featuring an open hero progression system and long-term growth mechanics, Three Kingdoms: Throne War allows players to freely build their ideal lineups while ensuring that their time and effort continue to contribute to future progression instead of being lost through seasonal resets.
Introducing the Innovative Class System
Three Kingdoms: Throne War introduces a unique Class System featuring five distinct roles: Farmer, Merchant, Warlord, Scholar, and Noble. Each class offers different strategic advantages, encouraging teamwork and alliance coordination. According to the publisher, victory depends not only on individual strength, but also on how effectively players work together to achieve their goals.
Pre-Registration Now Open with Exclusive Rewards
Pre-registration for Three Kingdoms: Throne War is now open across six Southeast Asian markets.
Building the Foundation for Southeast Asian Expansion
Wayi International views Three Kingdoms: Throne War as an important milestone in its Southeast Asian expansion strategy. Leveraging its publishing expertise and localized operations, the company aims to deliver long-term support for players while building a sustainable operational framework for future overseas titles.
The launch also marks the first step in Wayi International’s broader international growth plan, helping strengthen its publishing capabilities and brand presence across Southeast Asia.
For more information about Three Kingdoms: Throne War and its pre-registration campaign, please visit the official channels below:
《Three Kingdoms: Throne War》Official Website：https://3kingdoms.wayegames.com
《Three Kingdoms: Throne War》Pre-Registration Page : https://3kingdoms.wayegames.com/active
《Three Kingdoms: Throne War》Facebook: https://www.facebook.com/profile.php?id=61570798258085
《Three Kingdoms: Throne War》Instagram: https://www.instagram.com/3kbattleforthrone/
《Three Kingdoms: Throne War》YouTube: https://www.youtube.com/@3kbattleforthrone
Hashtag: #ThreeKingdoms #BBGame #WayeliteEntertainment
The issuer is solely responsible for the content of this announcement.
About Wayi International Digital Entertainment Corporation
Founded in 1993, Wayi International Digital Entertainment Corporation is one of Taiwan’s established digital entertainment companies, with expertise spanning game development, publishing, and live operations. The company continues to expand its presence across international markets through localized publishing, technology services, and long-term operational support for gaming communities throughout Asia.
Media OutReach
Tesson Holdings Limited Launches “Tesson Smart Energy” Strategy to Accelerate Industrial Deployment of New Energy Ecosystem in Mainland China and Hong Kong
The event was attended by core management of Tesson Holdings : Chairman and Executive Director, Mr. Wei Mingren; Executive Director and Chief Executive Officer, Mr. Li Jingquan; Executive Director, Mr. Li Yang; as well as distinguished guests including Ms. Li Jinying (李錦瑩), President of Logistics Planning Research Institute of CFLP; Mr. Yan An (閆安), President of the Digital Lianli Research Institute of the Jiangxi Centre of the Chinese Academy of Sciences (CAS) (中科院江西中心數字連理研究院); Professor Yu Changyuan, Chairman of Anlaseo Technology; and Dr. Cheng Zhi, Chief Executive Officer of Anlaseo Technology.
Strategic Evolution: From “Battery Manufacturing” to “Smart Energy Operation”
Tesson Holdings has long been engaged in the research, manufacturing and sales of lithium-ion motive batteries. In 2025, the Company launched its Hong Kong-based “photovoltaic storage charging and checking” AI-inspected ultra-fast charging and zero-carbon microgrid asset operation business, completing the acquisition of the assets of seven new energy integrated service stations and marking its first step towards strategic recharge.
Mr. Wei Mingren said that the recharge does not represent a departure from the Company’s existing industrial foundation, but rather based on the company’s past decade of industrial foundation of the system of motive battery manufacturing business, the experience of the operation of charging network in Hong Kong and the capabilties of industrial integration and capital management.”Based on our manufacturing foundation, Tesson Holdings is accelerating its transformation into a smart energy platform operator, enabling every unit of electricity to unleash greater value.”
Mr. Li Jingquan outlined development pathway of the company:”Battery manufacturing → zero-carbon microgrid and energy storage operations → AI-powered electricity trading and carbon-energy asset management platform.”
He noted that Tesson will leverage its “photovoltaic storage charging and checking” microgrid operations as an entry point, collaborate with supply chain partners to develop zero-carbon microgrids and virtual power plants, while strategic upgrade gradually from an energy equipments manufacturer into a smart energy platform operator.
Mr. Li Yang further elaborated on the company’s core competitiveness built around “Data, Intelligence and Electricity”:”Data” represents the credible data base; “Intelligence” represents the AI-driven capabilities of electricity trading; “Electricity” represents capabilities of electrical assets operation.
The Company will expand its regional market presence actively, aim to secure over 10% of regional market share in multiple cities, and building an operating ecosystem servicing up to 10 billion kWh of electricity consumption.
Industrial Opportunities: Policy Support Driving New Energy Infrastructure Development in Mainland China and Hong Kong
Ms. Li Jinying (李錦瑩) noted that China is simultaneously advancing the upgrading and restructure of two major infrastructure networks — the new power system and modern logistics network.
She highlighted that logistics facilities are evolving beyond traditional transportation hubs into important industrial platforms for energy consumption, green transformation and electrical data collection. The cooperative operation of energy flows, logistics flows and data flows is reshaping the pattern of national infrastructure. Tesson Smart Energy timely deploy related industries
Since 2026, the company has entered into strategic cooperation memorandum of understanding with DST Sustainable Technology (Shenzhen) Co., Ltd. (地上鐵綠色科技（深圳）股份有限公司) (DST) and China Railway First Group Co., Ltd respectively. The first pilot project of China Railway First Group, located at car park of Hoi Wang Road in Tsuen Wan, Hong Kong, and will be developed into a zero-carbon integrated facility combining parking, charging and vehicle inspection functions.
Meanwhile, the joint venture company established with DST plans to build 10 more multi-functional battery swapping stations.
The launch event follows the completion of the Company’s financing activity of placing of new shares. With the completion financing activity of placing, strategic launching and industrial partnership signings simultaneously, signaling the new energy strategic of”Tesson Smart Energy”which is driven by “Technology + Industry + Capital” formally set sail.
Strategic Partnerships Covering the Full “Industry–Research–Application” Value Chain
The three strategic partnership signings at the event covering national think tank, research institutions and university spin-offs, surrounding modern power and development of new energy ecosystem, forming a complete layout from strategic planning, technology development and commercial application.
Mr. Wei Mingren said the significance of these signings is not only “plans announcing”, but rather is “in progress and amplifying the outcomes through ecological cooperation”.
The cooperation between Tesson Holdings and Logistics Planning Research Institute of CFLP is particularly crucial. Both parties will establish a joint venture big data operation company in Beijing to formally advance to transport logistics, important scenario of power consumption.
As a national logistics think tank and the Purchasing Managers’ Index (PMI) publishing organization, the Logistics Planning Research Institute of CFLP, both parties will work together to explore the integration path of new and renewable energy power and green logistics, pushing logistics industry to upgrade in the direction of low-carbonization and intelligentization.
Afterwards, Tesson Holdings also signed a strategic cooperation agreement with Zhongke Lianli (中科连理) focusing on development of industrial brain data resource, digitization of logistics hub energy and scenario collaboration of modernized power grid, further improving the capabilities of digitization and intelligentization of new energy industry
Finally, Tesson Holdings entered into a strategic partnership with Hong Kong Polytechnic University Anlaseo Technolgy, which is a startup incubator of Hong Kong Polytechnic University. Anlaseo Technology was also subsidized by the Hong Kong Government’s “Research, Academic and Industry Sectors One-plus Scheme (RAISe+)”.Its intelligent battery sensor system enabling intelligent lifecycle monitoring of batteries through edge computing and AI algorithm, providing the core technological support in the of field of such as electrical safety awareness and smart management. .
Future Outlook: Anchoring the Strategic Position of Smart Energy Platform Operator
With the upgrade of strategy of “Tesson Smart Energy” and the implementation of significant industrial cooperation partnership signings, Tesson Holdings is in the stage of systematically advancing the deployment of new energy ecosystem.
Looking ahead, Tesson Holdings will continue advancing systematic deployment across energy generation, distribution and consumption sectors with core strategic brand of “Tesson Smart Energy”.
Through a dual strategy combining strategic acquisitions and organic development, Tesson Holdings aims to build an integrated new energy ecosystem covering renewable energy generation, energy storage, charging infrastructure, electricity trading and carbon-energy asset management.
Hashtag: #Tesson
The issuer is solely responsible for the content of this announcement.
About Tesson Holdings
Tesson Holdings Limited (Stock Code: 01201.HK) is a company listed on Hong Kong Exchanges and Clearing Limited principally engaged in the research, manufacturing and sale of lithium ion motive battery and investment and operation of new energy electric vehicles ultra-fast charging stations
On 10 August 2026, the company formally launches the newest strategic brand “Tesson Smart Energy” accelerate new business innovation such as the deployment of photovoltaic storage charging and checking zero-carbon microgrid, AI-powered electricity trading, operation of carbon-energy assets, transforming into a premier new energy smart electricity platform operator.
Trivium Accelerates Asset Enhancement to Inject Innovative Momentum into Traditional Grade-A Landmark
HONG KONG SAR – Media OutReach Newswire – 20 August 2026 – As leasing activity in Hong Kong’s core commercial districts continues to recover, Nexxus Building in Central has welcomed METiS TechBio (Stock Code: 7666.HK), the world’s first listed artificial intelligence (AI) – powered drug delivery biotechnology company. This marks another milestone for Trivium Asset Management (“Trivium”), an Asian real estate investment and asset management firm in advancing asset optimisation and attracting diversified quality tenants successfully since taking over the building’s operations and management.
Since assuming the management of Nexxus Building at the beginning of this year, Trivium has rapidly driven interior upgrade and optimisation work. The 23rd floor has been transformed into a brand-new event space, “Nexxus Hub“, providing tenants with a one-stop, value-added venue for seminars, networking events and workshops. At the same time, to meet market demand for flexible office space, the team subdivided the 6th floor into six small-to-medium units, significantly enhancing the flexibility of floorplate configuration to precisely address the needs of enterprises of different scales. Upon completion of the works, multiple tenant groups promptly enquired and successively moved in, including METiS TechBio as well as several finance industry companies.
As the global pioneer in AI-driven nanotechnology innovation and drug delivery, METiS TechBio has demonstrated robust market potential following its listing on the Main Board of the Hong Kong Stock Exchange in May this year. Dr. Chris Lai, Co-founder and Chief Executive Officer of METiS TechBio, said, “As a company at the forefront of life sciences and AI innovation technology, we are at a critical stage of rapid business expansion and global scaling. Central, as an international financial and commercial core, offers outstanding geographical advantages and a top-tier business ecosystem. With the completion of internal upgrade works at Nexxus Building, its event space and the flexible spatial planning on the 6th floor is a great match to our team’s operational needs. We eagerly anticipate establishing our Hong Kong base at Nexxus Building to further drive the Group’s technological innovation and strategic breakthroughs.”
METiS TechBio’s decision to locate at Nexxus Building not only reflects leading tech-innovation enterprises’ confidence in the commercial prospects of Central’s core, but also highlights how the building’s post-optimisation positioning precisely addresses the requirements of high-growth enterprises.
Mr. Wilfred Ma, Managing Partner of Trivium Asset Management, said, “We warmly welcome METiS TechBio to Nexxus Building. This serves as a testament to the market’s recognition of the building’s prime location and quality facilities. Since taking over management, Trivium has been actively advancing asset optimisation, including creating the event space ‘Nexxus Hub’ and reconfiguring the unit layout on the 6th floor, injecting innovative concepts into a traditional Grade-A office building while providing tenants with a more flexible and value-added workplace experience. Looking ahead, we will continue to leverage innovative asset management strategies to attract a diversified range of premium enterprises, continuously unlocking the commercial value of Nexxus Building as a landmark Grade-A office building in Central.”
Built in 1962 as the former headquarters of Hang Seng Bank, Nexxus Building has been a witness to Hong Kong’s rise as a global financial centre. Following a major renovation in 2008 and the addition of a direct footbridge to IFC and the Airport Express in 2020, the building continues to host multinational corporations, leading financial institutions and professional services firms, and premium retail tenants – including the iconic Hong Kong Bankers Club – reinforcing its status as one of Central’s most distinguished Grade‑A office towers.
Hashtag: #盈置大廈 #NexxusBuilding #三界資本 #Trivium #劑泰科技 #METiSTechBio
The issuer is solely responsible for the content of this announcement.
About Trivium Asset Management
Founded in 2022, Trivium Asset Management is a Hong Kong based real estate investment and asset management firm overseeing assets valued at over US$900 million across Asia. Trivium serves institutional investors, financial institutions, and family offices through integrated investment and asset management, value creation strategies, and technology integration. The firm’s mission is to maximize long term value and promote sustainable growth for clients and communities alike.
