Yeal Electric Co.Ltd

Yan'ao Co. disclosed its 2026 semi-annual report on August 27. In the first half, total operating revenue was 167 million yuan, down 32.16% year on year. Net profit attributable to the parent company was 9.24 million yuan, down 52.39% year on year. Net profit after deducting non-recurring items was 7.81 million yuan, down 55.48% year on year. Net cash flow from operating activities was 61.70 million yuan, compared with negative 35.53 million yuan in the same period last year. Basic earnings per share were 0.12 yuan, and the weighted average return on equity was 0.81%. The company is mainly engaged in the research, development, production and sales of electrical equipment for rail vehicles, and has expanded into vehicle maintenance and service businesses. As of the end of the first half, the company's inventory book value was 125 million yuan, accounting for 11.2% of net assets, with an inventory write-down provision of 10.28 million yuan.

Yema Battery released its 2026 interim report. Total operating revenue was 555 million yuan, down 29.11 million yuan or 4.98 percent from the same period last year. Net profit attributable to the parent company was a loss of 10.69 million yuan, swinging from profit to loss, down 41.32 million yuan or 134.91 percent year on year. Net cash inflow from operating activities was 8.61 million yuan, down 86.26 percent year on year. The company's latest asset-liability ratio was 21.49 percent, gross margin was 11.04 percent, return on equity was negative 0.89 percent, and diluted earnings per share was negative 0.04 yuan. The number of shareholders was 27,700, and the top ten shareholders held 72.88 percent of total share capital.

Yema Battery announced that the European Commission, following an application by German company VARTA Consumer Batteries GmbH & Co. KGaA, has decided to initiate an anti-dumping investigation into alkaline manganese dioxide primary batteries and battery packs originating in China. The investigation is still in its preliminary stage, and the final outcome is difficult to predict. Before obtaining basic information on the EU anti-dumping case, the company finds it hard to estimate the specific impact. The company has set up a special working group and hired a legal team to actively respond to the case.