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Runjian Communication Co Ltd Class A

Runjian Co., Ltd. is a communication technology service company that operates as a digital intelligent operation and maintenance (AIOps) service provider in China. It operates through three segments: Communication Network Business, Digital Network Services, and Energy Network Business. Its offerings include large-model solutions for digital operations, energy operations and maintenance, communication operations, and artificial intelligence safety, as well as an electricity trading platform, a virtual power plant, and the RunDo new energy intelligent production and operations platform. It also provides public prosecution, investigation, and judicial intelligence agents, a Ministry of Housing and Urban-Rural Development agent, the RunAI Medical Agent, the RunAI Educational Agent, and human-machine collaboration and enterprise management agents. The company was formerly known as Runjian Communication Co., Ltd. and changed its name to Runjian Co., Ltd. in April 2019. It was founded in 2003 and is headquartered in Guangzhou, China.

Price · split & dividend adjusted
News & notes moving 002929.CS
002929.CS▼2

Runjian Co., Ltd. first-half 2026 net profit falls 31.72% year on year

Runjian Co., Ltd. released its first-half 2026 report. Total operating revenue was 3.756 billion yuan, down 22.83% year on year. Net profit attributable to the parent company was 26.7874 million yuan, down 31.72% year on year. Net cash flow from operating activities was negative 2.876 billion yuan, a decrease of 349 million yuan compared with the same period last year. The company's asset-liability ratio was 71.55%, gross margin was 13.54%, return on equity was 0.41%, and diluted earnings per share was 0.10 yuan. The number of shareholders was 77,100, and the top ten shareholders held 51.40% of the total share capital.
002929.CS · Capital · Negative First-half 2026 net profit fell 31.72% year on year, with revenue down 22.83% and negative operating cash flow.
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China
Artificial Intelligence▼2

Runjian Co. first-half net profit falls 31.72% year on year; plans dividend of 0.18 yuan per 10 shares

Runjian Co. disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 3.756 billion yuan, down 22.83% year on year. Net profit attributable to shareholders of the listed company was 26.7874 million yuan, down 31.72% year on year. Basic earnings per share were 0.1 yuan. The company plans to distribute a cash dividend of 0.18 yuan per 10 shares, tax included. During the reporting period, computing power network business grew more than 50% year on year. The Token Factory business model has basically closed the loop and entered regular operations. The scale of invested computing power continued to increase, and Token consumption continued to rise. The current gross margin is relatively low mainly because depreciation is high during the fixed asset production ramp-up period. As of the end of June 2026, orders on hand were approximately 23.6 billion yuan.
About megatrends
Artificial Intelligence › AI Data Center & Build-out ▼Demand
Cloud & Digital Infrastructure › Hyperscale Cloud (IaaS / PaaS) ▼Demand
002929.CS · Capital · Negative First-half net profit fell 31.72% year on year, with revenue down 22.83%.
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Critical Materials & Supply Chain▲

Multiple Companies Disclose Half-Year Performance Forecasts, Demingli and Ganfeng Lithium Swing to Significant Profits

On the evening of July 14, a number of listed companies disclosed their half-year performance forecasts. Among them, Demingli expects a net profit of 5.7 billion to 6.5 billion yuan for the first half of 2026, while Ganfeng Lithium expects a net profit of 3.65 billion to 4.6 billion yuan, both swinging from losses to significant profits year-on-year. Tianqi Lithium expects a net profit of 2.85 billion to 4.25 billion yuan, a year-on-year increase of 3,276.35% to 4,934.91%. China Life Insurance expects a net profit of approximately 128.933 billion to 137.119 billion yuan, a year-on-year increase of about 215% to 235%. Sieyuan Information plans to purchase high-performance computing servers for no more than 5.079 billion yuan to provide cloud computing services. *ST Gaoke has been criminally filed because its actual controllers Cao Long and He Yifan are suspected of misappropriating funds; the company says production and operations are normal. Several companies including Runjian Co., Ltd. and Haian Group disclosed share buyback plans, and the controlling shareholder of Hesteel Resources plans to increase its holdings by no less than 100 million yuan.
About megatrends
Critical Materials & Supply Chain › Lithium ▲Pricing
002460.CS · Capital · Positive Expects net profit of 3.65-4.6 billion yuan, swinging from loss to profit.
002466.CS · Capital · Positive Expects net profit of 2.85-4.25 billion yuan, up 3,276-4,935% YoY.
601628.CG · Capital · Positive Expects net profit of ~128.9-137.1 billion yuan, up 215-235% YoY.
000923.CS · Capital · Positive Controlling shareholder plans to increase holdings by no less than 100 million yuan.
002929.CS · Capital · Positive Disclosed share buyback plan.
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Semiconductors▲2

Multiple Companies on Shanghai and Shenzhen Exchanges Announce Positive News: CICC’s Brokerage Merger Accepted, Several Firms Report Sharp First-Half Profit Growth

On the evening of July 14, multiple listed companies on the Shanghai and Shenzhen exchanges issued significant positive announcements. CICC’s application to absorb and merge Dongxing Securities and Cinda Securities has been accepted by the China Securities Regulatory Commission, though the transaction still requires review by the Shanghai Stock Exchange and approval from other regulatory bodies. Several companies disclosed first-half earnings forecasts, with Tianqi Lithium expecting a net profit attributable to shareholders of 2.85 billion to 4.25 billion yuan, a year-on-year increase of 3,276.35% to 4,934.91%; Litong Electronics forecasting a net profit of 650 million to 750 million yuan, up 1,172.53% to 1,368.31%; Yangtze Optical Fibre and Cable projecting a net profit of approximately 2.4 billion to 3 billion yuan, up 711% to 914%; and China Life Insurance anticipating a net profit of about 128.933 billion to 137.119 billion yuan, up 215% to 235%. In addition, Sieyuan Information plans to purchase high-performance computing servers for no more than 5.079 billion yuan, Runjian Co. intends to buy back shares worth 150 million to 300 million yuan, Sunway Communication plans to acquire a 55% stake in Yiyang Electronic Technology for up to 1.1 billion yuan to strengthen its high-end MLCC layout, and Andawell’s wholly-owned subsidiary has signed a memorandum of cooperation with Airbus to initiate the qualification certification process for galley insert products.
About megatrends
Semiconductors › Passive Components (MLCC, Capacitors, Inductors) ▲Competition
002466.CS · Demand · Positive Tianqi Lithium expects net profit up 3,276%-4,935% YoY, driven by strong lithium demand.
002929.CS · Capital · Positive Runjian plans share buyback of 150-300 million yuan, signaling confidence.
300136.CS · Technology · Positive Sunway Communication plans to acquire 55% of Yiyang Electronic to strengthen high-end MLCC capabilities.
300687.CS · Capital · Positive Sieyuan Information plans to purchase high-performance computing servers for up to 5.079 billion yuan, a capex investment.
300719.CS · Technology · Positive Andawell's subsidiary signed MOU with Airbus to start qualification for galley insert products.
601059.CG · Capital · Positive Cinda Securities is being acquired by CICC, a positive M&A event.
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