According to the Zhitong Finance App, Hongxin Construction and Development (09930.HK) announced that in the first quarter of 2026, the Group's domestic business was dominated by stability, accelerated expansion of overseas markets, and maintained a steady overall development trend. As various industries in China resumed work one after another after the Spring Festival, the Group's rental rate for all major categories of equipment continued to rise. Among them, the rental rate of aerial work platforms at the end of the first quarter was about 78%. Affected by factors such as domestic business scale control and market prices, the Group's overall revenue for the first quarter decreased by about 5% compared to the same period last year. Its revenue in China decreased compared to the same period last year, while overseas revenue increased by more than 70% compared to the same period last year, accounting for more than 25% of the total revenue. Due to the fact that business activity in the domestic construction engineering industry is usually light around the Spring Festival, and the long Spring Festival holiday this year had an impact on the speed of resumption of work, the Group's profit attributable to common shareholders in the first quarter was a seasonal loss, but the loss margin narrowed compared to the same period last year.

According to the Zhitong Finance App, Hongxin Construction and Development (09930.HK) announced that in the first quarter of 2026, the Group's domestic business was dominated by stability, accelerated expansion of overseas markets, and maintained a steady overall development trend. As various industries in China resumed work one after another after the Spring Festival, the Group's rental rate for all major categories of equipment continued to rise. Among them, the rental rate of aerial work platforms at the end of the first quarter was about 78%. Affected by factors such as domestic business scale control and market prices, the Group's overall revenue for the first quarter decreased by about 5% compared to the same period last year. Its revenue in China decreased compared to the same period last year, while overseas revenue increased by more than 70% compared to the same period last year, accounting for more than 25% of the total revenue. Due to the fact that business activity in the domestic construction engineering industry is usually light around the Spring Festival, and the long Spring Festival holiday this year had an impact on the speed of resumption of work, the Group's profit attributable to common shareholders in the first quarter was a seasonal loss, but the loss margin narrowed compared to the same period last year.