Dongguan Aohai Technology Co

002993.CS▼2

Aohai Technology's net profit falls 80.60% in 2026 interim report

Aohai Technology released its 2026 interim report, showing total operating revenue of 7.923 billion yuan and net profit attributable to the parent company of 45.8171 million yuan, a year-on-year decline of 80.60%. Net cash flow from operating activities was negative 3.739 billion yuan, down 1277.15% year-on-year. The company's asset-liability ratio was 61.07%, gross margin was 7.86%, ROE was 0.98%, and diluted earnings per share was 0.17 yuan.

002993.CS ▼

Jiemian·23dRead more →

Electrification & Mobility▲2

Aohai Technology subsidiary plans to invest 570 million yuan in R&D center and production base

Aohai Technology's holding subsidiary, Zhixin Control Systems, has signed an investment agreement with the Management Committee of the Wuhan Economic and Technological Development Zone. The company plans to invest in the construction of the Zhixin Control R&D center and production base project, with an estimated total investment of approximately 570 million yuan, including 400 million yuan for R&D and 170 million yuan for fixed assets. The project will primarily build an R&D center and SMT, THT, coating lines, as well as assembly, testing, and packaging lines. These will be used for the research, development, production, and testing of new products such as new energy vehicle control systems, AI intelligent computing backup power generation control systems, and robot central domain control units. The project is expected to start production in 2026 and reach full capacity by 2030, with an estimated annual output value or revenue of around 3 billion yuan upon reaching full capacity.

002993.CS ▲

Electrification & Mobility Robotics & Physical AI

CLS·50dRead more →

Electrification & Mobility▲3

Aohai Technology's Holding Subsidiary Plans to Build Zhixin Control R&D Center and Production Base with Total Investment of About 570 Million Yuan

Aohai Technology announced that the company plans to sign an investment agreement with the Wuhan Economic and Technological Development Zone Management Committee through its holding subsidiary, Zhixin Control Systems, which will solely invest in the construction of the Zhixin Control R&D Center and Production Base project in the Wuhan Economic and Technological Development Zone. The project's total investment is estimated at about 570 million yuan, including 400 million yuan for R&D and 170 million yuan for fixed assets. The project is set to start production or operations in 2026 and reach full capacity by 2030, with an expected annual output value or operating revenue of 3 billion yuan upon reaching full capacity. This move aims to further strengthen the company's leading position in new energy vehicle control systems and proactively lay out two new quality productive forces tracks: AI intelligent computing infrastructure and embodied intelligent robots.

002993.CS ▲

Electrification & Mobility Artificial Intelligence Robotics & Physical AI

CLS·59dRead more →

002993.CS▼

AoHai Technology Hosts 57 Institutions for Research, Addresses Profit Decline and Discloses Progress in Server Power Supplies and Robotics

AoHai Technology hosted 57 institutions for online research on July 15, addressing the reasons for a phased decline in performance and disclosing progress in server power supplies and robotics. The company expects net profit attributable to shareholders for the first half of 2026 to be between 33.7 million and 50.2 million yuan, a year-on-year decrease of 85.73% to 78.75%, mainly due to increased strategic R&D investment, rising raw material costs, intensified market competition, and exchange rate fluctuations. In server power supplies, the company has established a full-stack layout, with the ATS 5500W product beginning small-batch shipments. Robotics-related products have achieved mass shipments, and the company has established deep cooperation with some leading clients.

002993.CS ▼

证券时报·61dRead more →

002993.CS▼2

Aohai Technology Expects First-Half 2026 Net Profit to Drop 78.75%–85.73% Year-on-Year

Aohai Technology disclosed its earnings forecast, expecting a net profit attributable to the parent company of 33.7 million to 50.2 million yuan for the first half of 2026, a year-on-year decline of 78.75% to 85.73%. Deducted non-recurring net profit is expected to show a loss of 12.1 million to 24 million yuan, compared with a profit of 193 million yuan in the same period last year. The company stated that the change in performance was mainly due to increased expenses from continuously ramping up research and development investment in new product lines such as intelligent computing power supplies, while supply chain and raw material price fluctuations pushed up procurement costs, intensified market competition in major products squeezed gross margins, and the appreciation of the renminbi along with the depreciation of the Indian rupee affected export profitability.

002993.CS ▼

中国证券报·67dRead more →