Anhui Xinlong Electrical Co Ltd

China Electric Xinlong disclosed its 2026 semi-annual report on August 26. In the first half, it achieved total operating revenue of 808 million yuan, down 15.90% year on year. Net profit attributable to the parent company was 43.66 million yuan, up 135.30% year on year. Net profit after deducting non-recurring items was 6.56 million yuan, down 23.57% year on year. Net cash flow from operating activities was negative 65.10 million yuan, compared with 29.95 million yuan in the same period last year. The company is mainly engaged in three business segments: smart energy use, smart new energy, and smart city.

China Electronics Xinglong disclosed its earnings forecast, expecting net profit attributable to the parent for the first half of 2026 to be between 38 million yuan and 52 million yuan, a year-on-year increase of 104.79% to 180.24%. Deducted non-recurring net profit is expected to be between 6 million yuan and 8.5 million yuan, a year-on-year decline of 0.96% to 30.09%. Basic earnings per share are expected to be between 0.0513 yuan and 0.0703 yuan. The company stated that the profit growth is mainly due to the coordinated development of its three major business segments: smart energy utilization, smart new energy, and smart cities, and that it improved operational quality through measures such as expanding markets, controlling costs, and optimizing structures.