HAXC Holdings (Beijing) Co. Ltd.

Huaan Xinchuang released its 2026 interim report, showing its first-half net loss widened to 41.01 million yuan, compared with a loss of 38.02 million yuan in the same period last year. Operating revenue was 284 million yuan, down 32.2 percent year on year. Second-quarter revenue was 165 million yuan, down 27.5 percent year on year, with a net loss attributable to the parent company of 23.14 million yuan, versus a loss of 15.88 million yuan a year earlier. As of the end of the second quarter, total assets stood at 1.188 billion yuan, down 2.9 percent from the end of the previous year. The company said it carried out business structure optimisation during the reporting period, with passenger vehicle and commercial vehicle segments developing in coordination, and successfully entered the high-end commercial vehicle supporting market.