Laopohuangjin today released its H1 2026 performance, achieving sales revenue of RMB 22.779 billion and income of RMB 19.808 billion, representing year-on-year increases of 60.6% and 60.3% respectively. The improvement in the company's profit margin is mainly attributed to low-cost inventory, product price increases, and economies of scale. In addition, net operating cash inflow for the first half of the year was RMB 2.008 billion, reversing the continuous net outflow from 2023 to 2025, which was better than market expectations. As of the end of June, the company owned 45 self-operated stores, with overseas revenue increasing by 107.8% year-on-year to RMB 3.317 billion, and approximately 730,000 loyalty members.