Legend Holdings, Ruqi Mobility, and Xiabu Xiabu release interim profit forecasts; Wuxi Apptec announces first-half results | HKEX Morning Brief

| Tuesday, August 4, 2026 |

NO.1 Legend Holdings expects its net profit for the first half of the year to increase by no less than 186% year-on-year.

On August 3, Legend Holdings (HK03396) announced that the Group expects to report net profit attributable to equity holders of the Company of no less than RMB 2 billion for the six months ended June 30, 2026, representing an increase of no less than 186% compared to RMB 6.99 billion for the same period in 2025.

Commentary:This expected growth is primarily driven by the recovery in capital markets and the turnaround of the investment business within the Company’s industrial incubation and investment segment, which shifted from losses to profitability.

NO.2 R祺出行 expects its first-half loss to narrow by no less than 40% year-on-year.

On August 3, Ruqi Mobility (HK09680) announced that for the first half of 2026, the Group expects to generate consolidated revenue of no less than RMB 3.9 billion, an increase of no less than 132.6% year-on-year; and a consolidated net loss attributable to equity shareholders of the Company of no more than RMB 750 million, representing a reduction of at least RMB 500 million, or no less than 40.0%, compared to the same period in 2025.

Commentary:The significant revenue growth at Ruqi Mobility in the first half was driven by the expansion of ride-hailing order volume and strong growth in its technology services business, while improved operational efficiency and an optimized cost structure contributed to higher gross profit.

NO.3 Wuxi Apptec reported a 33.7% year-on-year increase in net profit attributable to owners of the parent company for the first half of the year.

On August 3, Wuxi Apptec (HK02359, SH603259) announced that for the first half of 2026, the Company generated revenue of approximately RMB 28.8975 billion, up 38.9% year-on-year; gross profit of approximately RMB 15.382 billion, up 68.8% year-on-year; net profit attributable to owners of the parent company of approximately RMB 11.08 billion, up 33.7% year-on-year; and adjusted net profit attributable to owners of the parent company of approximately RMB 11.57 billion, up 83.2% year-on-year. Basic earnings per share were RMB 3.80, and the Company proposes a cash dividend of RMB 5.10 per 10 shares.

Commentary:Wuxi Apptec reported a significant increase in its first-half earnings, with orders for continuing operations steadily expanding.

NO.4 Xibei Xibei expects its first-half losses to narrow significantly year-over-year by 64% to 51%.

On August 3, Xibei Xibei (HK00520) announced that for the first half of 2026, the group expects revenue of approximately RMB 1.5 billion, representing a year-over-year decline of about 23%. However, compared to a net loss of approximately RMB 81 million recorded in the first half of 2025, the group anticipates a net loss for the first half of 2026 ranging between approximately RMB 29 million and RMB 39 million, reflecting a substantial year-over-year narrowing of losses by between approximately 64% and 51%.

Commentary:According to the announcement, the narrowing of losses is primarily attributable to the group’s continued implementation of a lean supply chain development strategy, deepened membership operations, and ongoing structural upgrades to its restaurant network.

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