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Shaanxi Aerospace Power Hi-Tech Co Ltd

Shaanxi Aerospace Power Hi-Tech Co., Ltd. develops, manufactures, and sells pumps and pump systems, hydraulic transmission products, fluid metering products, and motors in China and internationally. Its offerings include industrial reciprocating pumps, chemical process pumps, coal slurry pumps, large hydraulic pumps, water turbines, and industrial electric motors, as well as hydraulic torque converters, retarders, and transmission systems. The company also provides mechanical equipment, high-voltage AC asynchronous motor generators, transmission components such as bearings, gears, and gearboxes, and technical services. Founded in 1999 and headquartered in Xi'an, China, it serves industries including petrochemical, metallurgy, power, energy, water conservancy, mining, fire protection, transportation, cryogenic storage and transportation, and mechanical parts processing.

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600343.CG

Aerospace Power's 2026 interim net loss narrows to 56.89 million yuan

Aerospace Power released its 2026 interim report, showing total operating revenue of 262 million yuan and a net loss attributable to the parent company of 56.892 million yuan, narrowing the loss by 16.2323 million yuan compared with the same period last year. Net cash outflow from operating activities was 90.775 million yuan, an improvement of 29.5925 million yuan from a year earlier, marking a third consecutive year of increase. The company's asset-liability ratio was 49.32 percent, down 1.53 percentage points year on year; gross margin was 8.87 percent, up 2.37 percentage points year on year; return on equity was negative 4.59 percent, up 0.66 percentage points year on year. Diluted earnings per share were negative 0.09 yuan, an improvement of 0.03 yuan year on year. The number of shareholders was 149,100, and the top ten shareholders held 47.23 percent of total share capital.
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600343.CG

Aerospace Power subsidiary plans to invest 19.71 million yuan in technical upgrade project

Aerospace Power announced that its subsidiary Aerospace Yuanxin plans to invest in a technical upgrade project for its hydraulic transmission manufacturing system, with a total investment of 19.71 million yuan funded by its own capital. The project aims to expand production capacity for hydraulic transmission products, develop international markets, and promote the transformation and upgrading of its engineering torque converter business, with a construction period of 12 months. This investment does not require submission to the shareholders' meeting for approval and does not constitute a related-party transaction or a major asset restructuring.
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