Shanghai Bairun Flavor & Fragrance Co Ltd

Bairun Co. announced on September 7 that controlling shareholder Liu Xiaodong has completed a share purchase plan, acquiring a total of 5.5 million shares, representing 0.5277% of total share capital, for a total consideration of 100 million yuan. In the first half of 2026, Bairun Co. achieved revenue of 1.658 billion yuan and net profit attributable to the parent of 479 million yuan.

Bairun Shares has released its mid-2026 report, with net profit attributable to the parent company at 479 million yuan, an increase of 23.08% over the same period last year. Total operating revenue was 1.658 billion yuan, up 11.34% year-on-year. Net cash inflow from operating activities was 441 million yuan, down 10.12% year-on-year. The latest gross margin reached 70.66%, marking four consecutive years of growth.

In the first half of 2026, a number of consumer companies listed on the Shenzhen Stock Exchange have issued positive earnings forecasts, as policies to boost consumption continue to take effect. Yanjing Beer expects net profit attributable to shareholders of 1.379 billion to 1.489 billion yuan, up 25 to 35 percent year on year, with its core product Yanjing U8 maintaining nearly 30 percent growth in the first quarter. Qiaqia Food forecasts net profit attributable to shareholders to rise by 170.75 to 198.96 percent year on year, driven by product upgrades and expansion into emerging channels. Yisheng Livestock & Poultry Breeding expects net profit attributable to shareholders of 270 million to 300 million yuan, a sharp year-on-year increase of 4,286.61 to 4,774.01 percent, benefiting from a strong white-feather broiler industry. Xiantan Co. forecasts net profit attributable to shareholders of 170 million to 181 million yuan, up 24.33 to 32.37 percent year on year, as capacity release in prepared foods fuels growth. Bairun Investment Holding expects net profit attributable to shareholders to rise by 19.51 to 25.94 percent year on year, with progress in both its pre-mixed cocktail and whisky businesses.

Shenzhen-listed companies intensively disclosed buyback and shareholding increase plans in July, totaling 54 plans for the month, with a combined cap exceeding 7.6 billion yuan, surpassing the monthly average of the first half. Among them, there were 33 buyback plans with a total cap of 6.038 billion yuan, and 21 shareholding increase plans with a total cap of 1.609 billion yuan. LiuGong plans to use up to 400 million yuan of its own funds to buy back shares for cancellation, while Tianshan Aluminum and iSoftStone both plan to use up to 300 million yuan to buy back shares for equity incentives or employee stock ownership plans. The actual controller of Bairun intends to increase shareholding by up to 100 million yuan, and Aisidi and Honglin Electric both disclosed shareholding increase plans of up to 40 million yuan.