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Jingdu Technology posts first-half net loss of 27.47 million yuan, down 145.3% year on year
Jingdu Technology released its 2026 interim report, showing operating revenue of 884 million yuan, down 10.4% year on year, and a net loss attributable to the parent of 27.47 million yuan, down 145.3% year on year. Second-quarter operating revenue was 437 million yuan, down 7.9% year on year, while the net loss attributable to the parent was 30.41 million yuan, down 249.0% year on year. As of the end of the second quarter, total assets stood at 7.669 billion yuan, up 4.1% from the end of the previous year, and net assets attributable to the parent were 4.667 billion yuan, down 1.3% from the end of the previous year. The company's main businesses include automotive differential bevel gears and automotive transmission coupling gears. Affected by the downturn in major customers' fuel-vehicle business, revenue at the headquarters declined, but the company expects its electric-vehicle differential assembly business to rebound in the second half of the year.