Xinya Electronic Co Ltd

Xinya Electronics released its 2026 interim report. First-half net profit attributable to the parent company was 129 million yuan, up 30.0% year on year. Operating revenue was 2.21 billion yuan, up 13.8% year on year. Net profit attributable to the parent after deducting non-recurring items was 132 million yuan, up 30.3% year on year. Net operating cash flow was 82.62 million yuan, up 71.1% year on year. Second-quarter net profit attributable to the parent was 84.45 million yuan, up 62.7% year on year. The two core businesses of consumer electronics and industrial control wire, and communication cable and data cable drove overall growth, while revenue in the new energy series cable and components and automotive cable segments declined.

Xinya Electronics announced plans to increase the capital injection for its Thai subsidiary, Xinya Electronics Thailand, from the originally planned 10 million US dollars to no more than 52 million US dollars. The additional capital will mainly be used for land acquisition, factory construction, and equipment procurement, aiming to enhance production capacity flexibility, expand overseas markets, and strengthen international competitiveness. The company stated it will reinforce management and risk control to ensure smooth implementation of the capital increase. In the first quarter of 2026, Xinya Electronics achieved revenue of 998 million yuan and net profit attributable to the parent company of 44.47 million yuan.