Zhengzhou Coal Mining Machinery Group Co Ltd

Zhongchuang Zhiling released its 2026 interim report. First-half net profit attributable to the parent was 1.6 billion yuan, down 36.3% year on year. Operating revenue was 18.76 billion yuan, down 6.0% year on year. Net profit attributable to the parent excluding non-recurring items was 1.27 billion yuan, down 40.5% year on year. Net operating cash flow was 2.074 billion yuan, up 63.3% year on year. Earnings per share were 0.8981 yuan. In the second quarter, operating revenue was 9.23 billion yuan, down 9.7% year on year, and net profit attributable to the parent was 711 million yuan, down 50.1% year on year. As of the end of the second quarter, total assets were 50.527 billion yuan, down 1.6% from the end of the previous year, and net assets attributable to the parent were 23.687 billion yuan, down 2.1% from the end of the previous year. By segment, coal machinery revenue was 7.23 billion yuan, down 20.3% year on year, mainly affected by cyclical adjustment in the downstream coal industry and energy structure transformation. Industrial intelligence revenue was 1.57 billion yuan, down 2.1% year on year, though new businesses such as smart mining and intelligent fluid supply systems grew relatively quickly. Auto parts revenue was 10.543 billion yuan, up 7.2% year on year, benefiting from growth in the European and Indian markets and expansion of the domestic new energy motor business.