Chuanglian Holdings Limited reported audited results for the year ended 30 June 2026. Revenue fell 7.17% year-on-year to RMB608.09 million, driven mainly by a 17% decline in education-related income to RMB133.10 million. Financial services remained the dominant contributor, accounting for 78% of group turnover at RMB474.99 million, down 4% versus FY2025.
Gross profit eased 1.63% to RMB74.68 million, yet the gross margin improved to 12.3% from 11.6% a year earlier as product mix shifted and cost control measures took hold. Selling and marketing expenses edged up 3.64% to RMB48.98 million, while administrative expenses were cut 22.06% to RMB55.79 million, reflecting streamlined headcount and lower depreciation.
Impairment charges on non-current and financial assets totalled RMB9.80 million (FY2025: RMB5.72 million). Finance costs declined 52.70% to RMB2.95 million due to lower lease-related interest.
As a result, the group’s net loss narrowed sharply to RMB29.76 million from RMB69.01 million, a 56.9% improvement. Basic loss per share shrank to RMB0.035 from RMB0.105 (restated). No final dividend was proposed.
Segment performance: • Financial Services – Revenue RMB474.99 million (-4.0% YoY); segment loss RMB12.47 million • Education Services – Revenue RMB133.10 million (-17.0% YoY); segment loss RMB22.46 million
Balance-sheet highlights show cash and bank balances of RMB95.84 million and total borrowings of RMB13.71 million. The current ratio stood at 1.15 x (FY2025: 1.24 x) and the gearing ratio (total liabilities/total assets) rose to 61.0% from 55.6%. Property, plant and equipment with a book value of RMB20.76 million were pledged against bank facilities.
Capital moves during the year included a 10-for-1 share consolidation effective 2 January 2026 and the issuance of 13.16 million new consolidated shares to settle HK$5 million of debt. A planned subscription for 94.74 million shares was terminated on 31 March 2026.
Management will continue to expand insurance brokerage coverage in Mainland China, develop digital-asset portfolio management under Hong Kong-licensed subsidiary RuiLian, and pursue blended online-offline vocational training to lift the education segment’s market share. No significant events occurred after the reporting date.