Jiangsu Huachen Transformer

Jiangsu Huachen released its 2026 interim report. Total operating revenue was 733 million yuan, down 21.89 percent year on year. Net profit attributable to the parent company was negative 3.1905 million yuan, swinging from profit to loss and down 50.4627 million yuan from the same period last year, a decline of 106.75 percent. Net cash inflow from operating activities was 41.12 million yuan. The asset-liability ratio was 65.54 percent, gross margin was 17.15 percent, return on equity was negative 0.28 percent, and diluted earnings per share was negative 0.02 yuan. The company had 12,200 shareholders, and the top ten shareholders held 72.53 percent of total share capital.