Dongguan Securities: GRGBanking's Profit Quality Improves, AI Robotics Prospects Promising

GRGBanking's profit quality is improving, and its prospects in AI robotics, digital yuan, and computing power look promising, according to a recent research report from Dongguan Securities. In the first half of 2026, the company reported net profit attributable to shareholders of 423 million yuan, down 9.16% year-on-year. Despite the decline, GRGBanking has ranked first in China's intelligent financial equipment market for 18 consecutive years, maintaining a solid leading position. The brokerage notes that although short-term earnings face pressure, optimizing the business structure and expanding into emerging sectors could unlock long-term growth. Dongguan Securities expects these new initiatives to gradually contribute to revenue, offsetting the slowdown in traditional hardware sales. Its leading position provides a stable foundation. This underpins future growth. The report maintains a positive outlook on the stock's long-term value.