Bon Natural Life Ltd (BON) reported unaudited results for the six months ended March 31, 2026, with revenue of $8,097,810, up 1.9% from $7,949,845. Gross profit rose 14.6% to $2,187,200, and gross margin was 27.0%, compared with 24.0% a year earlier. Bioactive food ingredient revenue was $4,566,517 and health-supplement revenue was $1,290,919, while fragrance-compound revenue declined 60.4% to $2,240,374.
Operating expenses included a $5,656,888 provision for credit losses and a $1,920,508 impairment loss on advances to suppliers. Bon Natural Life recorded an operating loss of $8,575,392 and a net loss of $9,204,390, compared with operating income of $284,050 and net income of $135,911 in the prior-year period. Net cash from operating activities was $6,422,783, versus $4,295,667 used in 2025. Cash and restricted cash totaled $9,181,655 as of March 31, 2026, including $3,400,000 of restricted cash.
Bon Natural Life Ltd director Zhixiang Gao has filed a Form 3 ownership report for the company’s common stock. The data provided shows no reported purchases, sales, gifts, or option exercises in this filing, and no derivative positions are listed.
Bon Natural Life Ltd director Chen Jing Veronica filed an initial Form 3, which is a required disclosure of insider status and beneficial ownership. This filing reports no stock transactions, and the data provided does not list any derivative positions, making it a routine compliance update.
Bon Natural Life Ltd director and Chief Executive Officer Hu Yongwei filed an initial insider ownership report. The filing shows direct holdings of 2,004,427 Class B ordinary shares and 80,177 Class A ordinary shares. The Class B shares are convertible, at Hu’s discretion, into an aggregate of 80,177 Class A shares under applicable terms.
Bon Natural Life Ltd Chief Operating Officer Xue Yingchun filed an initial ownership report showing indirect holdings of the company’s Class A Ordinary Shares. The filing reports beneficial ownership of 120 Class A Ordinary Shares held through Lavender Oil Limited, reflecting Xue’s proportional ownership interest in that entity.
Bon Natural Life Ltd disclosed that Ma Xin, the company’s Chief Financial Officer, has filed an initial Form 3 as a reporting person. This filing establishes Ma Xin’s status as an officer subject to insider reporting rules but does not report any specific transactions or derivative positions.
Bon Natural Life Ltd filed an initial ownership report for Chief Marketing Officer Wenjuan Chen. The filing shows indirect beneficial ownership of 80 Class A Ordinary Shares, which are held directly by Lavender Oil Limited, an entity in which Chen holds a proportional ownership interest.
Bon Natural Life Ltd director and Chief Technology Officer liu jing filed an initial ownership report showing a significant equity stake. A footnote states that liu jing holds 2,004,427 Class B ordinary shares, which are convertible, at the reporting person's discretion, into an aggregate of 80,177 Class A ordinary shares, subject to applicable terms and conditions. The filing also reports direct ownership of 1,496 Class A ordinary shares, giving investors a view of the CTO’s aligned interest through both high-vote Class B stock and its Class A equivalent.
Bon Natural Life Ltd director Gao Jianjun has filed an initial Form 3, which is the first statement of beneficial ownership as a company insider. The data provided shows no reported purchases, sales, gifts, or derivative exercises, and no current derivative positions listed.
Bon Natural Life Limited reported a leadership change in its technology function. On March 12, 2026, Chief Technology Officer and Chief Scientist Jianli Liu resigned from all positions with immediate effect, with no known disagreements related to the company’s operations, policies or practices.
Effective March 16, 2026, the company appointed Jing Liu, a current director and the wife of controller Hu Yongwei, as Chief Technology Officer. She is a long-time lecturer at Xi’an University of Science and Technology with research in supramolecular chemistry, chemical processes and new energy technologies. Under an employment agreement effective March 16, 2026, she will receive a monthly salary of approximately $1,000.