Fuxin Dare Automotive Parts Co Ltd

Deer Shares released its 2026 interim report, with first-half net profit attributable to the parent at 95.07 million yuan, up 22.9% year on year. Operating revenue was 2.66 billion yuan, down 1.52% year on year; net profit attributable to the parent excluding non-recurring items was 104 million yuan, up 115.1% year on year; net operating cash flow was 208 million yuan, up 110.87% year on year; earnings per share were 0.55 yuan. In the second quarter, operating revenue was 1.37 billion yuan, up 12.3% year on year; net profit attributable to the parent was 48.27 million yuan, up 71.6% year on year. As of the end of the second quarter, total assets were 4.824 billion yuan, up 3.5% from the end of the previous year; net assets attributable to the parent were 1.952 billion yuan, up 6.8% from the end of the previous year. The company said that although global auto market sales grew, the Chinese market declined year on year, and the company continued to invest in research and development of solid-state batteries and embodied intelligent robots, with these new businesses not yet generating revenue. In expanding the new energy vehicle market, revenue from products supporting new energy vehicle models reached 418 million yuan, up 35.16% year on year.