Fujian Longxi Bearing Group Co Ltd

Longxi Bearing released its 2026 interim report. During the reporting period, the company's total operating revenue was 604 million yuan, down 18.85% from the same period last year. Net profit attributable to the parent company was 53.1284 million yuan, down 17.96% year-on-year. Net cash inflow from operating activities was 67.9089 million yuan, an increase of 73.4074 million yuan compared with the same period last year, marking a second consecutive year of growth. The company's asset-liability ratio was 25.59%, gross margin was 39.61%, return on equity was 2.04%, and diluted earnings per share was 0.13 yuan. The number of shareholders was 61,900, and the top ten shareholders held 43.84% of the total share capital.

Longxi Bearing disclosed its 2026 semi-annual results report. In the first half, it achieved operating revenue of 604 million yuan, down 18.85% year on year. Net profit attributable to shareholders of the listed company was 53.1284 million yuan, down 17.96% year on year. Basic earnings per share were 0.13 yuan. The company significantly reduced its low-margin production-related trading business and focused on its core industrial operations, centering on applications of high-end mechanical components such as spherical plain bearings in aerospace, high-speed rail and bullet trains, wind power and nuclear power, humanoid robots, and the low-altitude economy. Product sales revenue reached 595 million yuan, up 21.67% year on year. Among this, sales revenue from spherical plain bearings and components supporting humanoid robots was 34.39 million yuan, accounting for 5.78% of product sales revenue and up 523.64% year on year, becoming a new profit growth point.