• Buyang reported a net loss of RMB 968,000, swinging from a profit of RMB 5.95 million.
• Revenue rose 14.1% to RMB 197.1 million.
• Gross profit fell 16.1% to RMB 17.8 million; gross margin narrowed to 9% from 12.29%.
• Operating loss widened to RMB 4.71 million from operating profit of RMB 4.84 million.
• Management cited higher raw material prices, a RMB 3.09 million net FX loss, and higher R&D spend as key drags.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Buyang International Holding Inc. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260828-12305383), on August 28, 2026, and is solely responsible for the information contained therein.