Deewin Tianxia Co., Ltd. released its unaudited interim results for the six months ended 30 June 2026. The Group generated revenue of RMB 1.43 billion, a year-on-year increase of 26.2 %, but net profit fell 63.0 % to RMB 33.90 million as margins tightened across business lines.\n\nRevenue mix shifted toward the Logistics and Supply Chain Service segment, which delivered RMB 1.05 billion, up 36.4 % and accounting for 73.5 % of total revenue. This growth stemmed from automobile sales of 1,179 units—353 of which were new-energy vehicles—together with a 29.6 % rise in third-party logistics revenue to RMB 359.30 million. Segment gross profit margin narrowed due to higher product costs.\n\nSupply Chain Financial Services contributed RMB 244.10 million, up 7.5 %. Finance-lease interest income rose 12.6 % to RMB 206.11 million on a RMB 3.57 billion increase in new lease investments, while factoring interest declined 13.4 % to RMB 37.98 million amid changing payment models and intensified competition. The finance-lease receivables book expanded 12.2 % since year-end to RMB 8.66 billion; factoring receivables grew 9.3 % to RMB 1.46 billion. The Group issued two ABS tranches totaling RMB 930 million during the period.\n\nIoV and Data Services recorded RMB 135.89 million in revenue, broadly stable year on year. Heavy commercial vehicles connected to the Group’s IoV platform reached 1.32 million, supported by 41 patents and 142 copyrights in force.\n\nGroup gross profit fell 6.8 % to RMB 203.02 million, pulling gross margin down to 14.1 % from 19.1 %. Increased impairment charges of RMB 49.08 million (up 197.6 %) and a 31.8 % rise in R&D expenses further compressed profitability. Selling and administrative costs remained broadly stable at RMB 68.61 million.\n\nTotal assets stood at RMB 12.56 billion, up 9.8 % from 31 December 2025, driven by a RMB 1.06 billion increase in loans receivable. Net debt expanded, lifting the gearing ratio to 68.2 % from 63.5 %. Cash and cash equivalents increased to RMB 836.48 million, aided by RMB 453.55 million net operating cash inflow.\n\nCapital expenditure reached RMB 36.00 million, mainly for intangible assets development. Deewin Tianxia repurchased 29.04 million H shares for HKD 113.53 million, now held as treasury shares, and declared a final dividend of RMB 68.65 million for FY 2025. No interim dividend was proposed.\n\nLooking ahead, management will focus on “strengthening foundations, addressing weaknesses, and driving innovation,” prioritising quality-oriented logistics growth, diversified financial-leasing assets, and expanded data-service applications. The company also plans to accelerate overseas business through its Hong Kong and Indonesian subsidiaries and to advance its certified pre-owned vehicle platform “Deyitongtu.”