25 June 2026 | 11:57PM HKT Equity Research Shanghai Bairun (002568.SZ): 2Q26 Profit alert: NP beat driven by improving RTD growth; Neutral Shanghai Bairun announced its 2Q26/1H26 profit alert on Jun 25. The 1H26 net profit came in at a mid-point of Rmb478mn, up 22.7% yoy and implying a Rmb262mn net profit at 2Q26 (up 26% yoy). Adjusted net profit came in at Rmb449mn mid-point and implies Rmb240mn adjusted net profit for 2Q26, up by 35% yoy. This was driven by sales growth in both RTD cocktails and essence b ...