Ningbo Shuanglin Auto Parts

Shuanglin Shares released its 2026 half-year report. First-half net profit attributable to the parent was 91.48 million yuan, down 68.2% year-on-year. Operating revenue was 2.13 billion yuan, down 15.8% year-on-year. Net profit attributable to the parent after deducting non-recurring items was 78.12 million yuan, down 68.3% year-on-year. Net operating cash flow was 397 million yuan, down 1.1% year-on-year. In the second quarter, net profit attributable to the parent was only 7 million yuan, down 94.5% year-on-year, while net profit after deducting non-recurring items was a loss of 2.47 million yuan. The company is mainly engaged in the research, development, manufacturing and sales of auto parts, and is developing new product lines such as electric headrest actuators for seats and lead screws for humanoid robots.

Shuanglin Shares disclosed its earnings forecast, estimating net profit attributable to parent company owners for the first half of 2026 at 80 million to 110 million yuan, a year-on-year decline of 61.7% to 72.15%. The company stated that due to weakening overall demand in the domestic passenger vehicle market, a year-on-year decline in sales volume, and rising commodity prices, operating revenue decreased and product production costs increased. At the same time, research and development investment continued to rise to cultivate new businesses, leading to a year-on-year decrease in operating profit.