Yapp Automotive Systems Co Ltd

Yapp Automotive Parts released its 2026 interim report. Total operating revenue was 4.371 billion yuan, up 0.59% year-on-year, and net profit attributable to the parent company was 293 million yuan, up 1.91% year-on-year. Net cash inflow from operating activities was 556 million yuan, up 53.60% year-on-year. The company's asset-liability ratio was 32.48%, gross margin was 17.02%, ROE was 6.39%, and diluted earnings per share was 0.58 yuan.

Yapp Automotive Systems announced on August 26, 2026 that the company held the fifth meeting of the sixth board of directors by way of communication voting, and approved the proposal to nominate Tao Hailong as a non-independent director candidate. Tao Hailong previously served as deputy manager of the quality assurance department and acting deputy manager of the manufacturing department at Shanghai Volkswagen Automotive, executive director and deputy general manager of the quality assurance department at SAIC Motor Passenger Vehicle Company, general manager of Shanghai Automobile Gear Works, director and general manager of Huayu Automotive Systems, and general manager and party secretary of SAIC Volkswagen Automotive. He is currently general manager of Huayu Automotive Systems Company Limited.