Zhejiang Wanfeng Auto Wheel Co Ltd

Wanfeng Auto Wheel announced plans to distribute a cash dividend of 1.5 yuan per 10 shares, before tax, to all shareholders, with an estimated total payout of 318 million yuan. In the first half of 2026, the company achieved revenue of 7.481 billion yuan and net profit attributable to the parent of 418 million yuan.

Against the backdrop of crowded trading in A-share technology hot sectors and amplified short-term volatility, institutions recommend that investors shift their attention to three major sectors: the low-altitude economy, humanoid robots, and commercial aerospace, seizing pullback windows to position at lower levels. CICC believes that the intensive rollout of low-altitude economy policies is resonating with technological iteration across the industry chain, and expectations for an industry inflection point are gradually strengthening. Guoyuan Securities analyst Gong Siwen suggests focusing on whole-machine names such as Wanfeng Auto Wheel, EHang, JOUAV, and Lvneng Huichong, as well as core component names such as Zongshen Power, Wolong Electric Drive, Yingliu Shares, and Inpower. On the humanoid robot front, Unitree Robotics recently entered the capital market and is expected to provide a clearer valuation anchor for the sector, driving a shift in capital from pure thematic speculation to growth-based pricing. Huayuan Securities analyst Zhao Mengni suggests focusing on Everwin Precision, Foresight Technology, Sanhua Intelligent Controls, Tuopu Group, Leader Harmonious Drive, Shuanghuan Transmission, Hengli Hydraulic, Zhejiang Rongtai, Moons' Electric, and Zhaowei Machinery & Electronics. In commercial aerospace, the Long March 10B and Zhuque-3 have successively completed successful recoveries, and reusable rocket technology is maturing. With falling launch costs resonating with demand for low-orbit constellation networking, industrialization is expected to accelerate. Guotai Haitong Securities analyst Yang Tianhao suggests focusing on Chengchang Technology, Tongyu Communication, Sunway Communication, Shanghai Hanxun, Aerospace Electronics, Feiwo Technology, Sirui Advanced Materials, and Western Metal Materials.

Wanfeng Auto's subsidiary Volocopter successfully completed an open flight demonstration of its electric vertical take-off and landing aircraft on Jeju Island, South Korea, including a sea flight demonstration module. This marks Wanfeng's first international open flight demonstration since restructuring Volocopter last March. The event attracted over 200 attendees, including South Korean local dignitaries, diplomatic envoys from multiple countries, and heads of civil aviation authorities. Six South Korean broadcasters and 19 newspapers published more than 50 reports in total. Wanfeng Volocopter has entered into a strategic partnership with South Korea's Chodang University to jointly develop a UAM and eVTOL pilot training curriculum. The two-year collaboration will be equipped with multiple VoloXpro training aircraft and professional flight simulators. South Korea is simultaneously advancing regulatory improvements and infrastructure development. This flight helps the industry accumulate offshore operational experience and promotes the integration of low-altitude transportation into South Korea's comprehensive transport system.