20 August 2026 | 8:59AM CST Equity Research Oriental Yuhong (002271.SZ): 2Q26 First take: gross profit in line but NI dragged by higher impairment; Buy Oriental Yuhong reported 2Q26 results after market close on August 19. Overall, 2Q26 net/core profit of Rmb212mn/337mn (respectively -43% and +1% yoy) came in below GSe, mainly dragged by steep impairment losses. Topline slightly below expectation but offset by better-than-expected GPM, leading to in line gross profit. Cash flow remained solid with 2Q26 reco ...