Changchun Engley Automobile Industry Co.Ltd.

Engley Automobile released its 2026 interim report. Total operating revenue was 1.771 billion yuan, down 14.96% year-on-year. Net profit attributable to the parent company was negative 80.8472 million yuan, with the loss widening by 44.908 million yuan compared with the same period last year. Net cash inflow from operating activities was 253 million yuan, down 24.83% year-on-year. The company's asset-liability ratio was 36.39%, gross margin was 6.88%, return on equity was negative 1.98%, and diluted earnings per share was negative 0.05 yuan. The number of shareholders was 33,800, and the top ten shareholders held 78.36% of the shares.

Yingli Automotive released its semi-annual report for 2026 on August 30. During the reporting period, the company achieved operating revenue of 1.771 billion yuan, down 14.96 percent year on year, while net profit attributable to shareholders of the listed company was a loss of 80.85 million yuan.

Yingli Auto disclosed its earnings forecast, expecting a net loss attributable to shareholders of 70 million to 105 million yuan for the first half of 2026, compared with a loss of 35.94 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 78.08 million to 113 million yuan, compared with a loss of 42.27 million yuan a year earlier. The company focuses on lightweight automotive components, primarily engaged in the design, development, manufacturing, and sales of body structural parts and anti-collision system components. The change in performance is mainly due to intensified market competition leading to reduced sales volume of main products and narrowing profit margins, as well as high early-stage capital investment, insufficient capacity utilization for some projects, and lack of significant economies of scale, which together resulted in lower revenue and declining operating performance. The company stated it will continue to promote lean cost management, enhance core competitiveness, and intensify market development efforts to improve profitability.

Yingli Automotive announced that its controlling shareholder, Cayman Yingli Industrial Co., Ltd., has cumulatively reduced its stake by 47.57 million shares through block trades and competitive bidding, representing 3% of the company's total share capital. In the first quarter of 2026, Yingli Automotive achieved revenue of 880 million yuan, with a net loss attributable to the parent company of 27.36 million yuan.