Hengbao Co.,Ltd. Flags Limited Earnings Impact From Digital Yuan Initiatives

Stock News09-02

Hengbao Co.,Ltd. (002104.SZ) has issued a statement addressing recent volatility in its share price, responding to heightened market interest in digital renminbi applications and associated products.

The company acknowledged that it has undertaken strategic preparations in the digital currency space, building up technical expertise and product capabilities while actively pursuing market expansion efforts. However, management emphasised that the digital yuan remains in its pilot phase.

According to the filing, revenue generated from this segment accounted for less than 5% of total operating income across fiscal 2024, fiscal 2025, and the first half of 2026. The business has not yet achieved meaningful scale, and its contribution to overall company performance remains minimal at this stage.

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