Guilin Fuda Co Ltd

Fuda Shares disclosed its 2026 half-year report. In the first half, it achieved operating revenue of 1.051 billion yuan, up 12.22% year on year. Net profit attributable to shareholders of the listed company was 157 million yuan, up 7.36% year on year. Basic earnings per share were 0.25 yuan. Sales revenue from the company's commercial vehicle crankshaft products rose by more than 20% compared with the same period last year. In new energy electric drive gear products, the company continued to deepen cooperation with existing customers such as United Automotive Electronic Systems, BYD, and Geely Xingqu. In the first half, five new products entered mass production, and it newly obtained project nominations from five new projects involving United Automotive Electronic Systems, General Motors, and Geely. It passed Bosch's project review and entered the sample trial production stage, with plans to complete sample delivery in the second half of the year. Projects related to Changan and General Motors are awaiting mass production implementation.

Fuda Shares released its 2026 half-year report. Net profit attributable to the parent in the first half was 157 million yuan, up 7.4% year on year. Operating revenue was 1.05 billion yuan, up 12.2% year on year. Net profit attributable to the parent after deducting non-recurring items was 153 million yuan, up 13.9% year on year. Net operating cash flow was 185 million yuan, down 34.7% year on year. Second-quarter operating revenue was 547 million yuan, up 17.6% year on year, and net profit attributable to the parent was 81.85 million yuan, up 0.9% year on year. The company said it is accelerating its transition to the new energy vehicle industry and has formed a new development structure centered on new energy hybrid crankshafts, new energy electric drive gears, and precision forgings.

Fuda Co. employee representative director, deputy general manager, and board secretary Fan Fan plans to increase his holdings of the company's A-shares through the Shanghai Stock Exchange trading system via competitive bidding, using his own funds, within three months starting from July 8, 2026. The proposed increase amount is no less than 1 million yuan and no more than 2 million yuan. The announcement stated that this increase is based on confidence in the company's future development and recognition of its long-term value, as well as to boost investor confidence and protect investor interests. In the first quarter of 2026, Fuda Co. achieved revenue of 504 million yuan and net profit attributable to the parent company of 75.1 million yuan.