Beijing Jingwei Hirain Technologies Co. Ltd. A

688326.CG▼

HiRain Technologies reports a loss of 382 million yuan in the first half of 2026

HiRain Technologies disclosed its semi-annual report for 2026 on August 26. In the first half of the year, total operating revenue reached 2.623 billion yuan, down 9.81 percent year on year. Net profit attributable to the parent company was a loss of 382 million yuan, compared with a loss of 86.9644 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 396 million yuan, compared with a loss of 115 million yuan a year earlier. Net cash flow from operating activities was negative 657 million yuan, versus negative 299 million yuan in the prior-year period. The company mainly engages in automotive electronics products, high-end equipment electronics products and related research and development services. During the reporting period, basic earnings per share were negative 3.4 yuan, and the weighted average return on net assets was negative 9.56 percent. As of the end of the first half, the company's inventory book value was 2.246 billion yuan, accounting for 60.39 percent of net assets, an increase of 562 million yuan from the end of last year. Inventory write-down provisions amounted to 159 million yuan, representing a provision ratio of 6.59 percent.

688326.CG ▼

中国证券报·24dRead more →

688326.CG▼

Jingwei Hirain's 2026 interim report shows net loss of 382 million yuan, widening year on year

Jingwei Hirain released its 2026 interim report. Total operating revenue was 2.623 billion yuan, down 9.81% year on year. Net profit attributable to the parent company was negative 382 million yuan, a decrease of 295 million yuan compared with the same period last year, with the loss widening. Net cash flow from operating activities was negative 657 million yuan, a year-on-year decrease of 357 million yuan. The asset-liability ratio rose to 63.05%, gross margin fell to 16.10%, return on equity was negative 10.27%, and diluted earnings per share was negative 3.40 yuan.

688326.CG ▼

Jiemian·24dRead more →

688326.CG▼

HiRain Technologies' first-half loss widens to 382 million yuan

HiRain Technologies released its 2026 interim report. Operating revenue was 2.62 billion yuan, down 9.8 percent year on year. Net profit attributable to the parent swung from a loss of 86.96 million yuan in the same period last year to a loss of 382 million yuan, with the loss widening further. Net profit attributable to the parent after deducting non-recurring items swung from a loss of 115 million yuan a year earlier to a loss of 396 million yuan, also widening further. Net operating cash flow was negative 657 million yuan, down 119.4 percent year on year. In the second quarter, operating revenue was 1.45 billion yuan, down 8.1 percent year on year. Net profit attributable to the parent was a loss of 205 million yuan, down 719.7 percent year on year. Net profit after deducting non-recurring items was a loss of 220 million yuan, down 1,242.8 percent year on year. As of the end of the second quarter, total assets were 10.38 billion yuan, down 0.5 percent from the end of the previous year. Net assets attributable to the parent were 3.719 billion yuan, down 10.0 percent from the end of the previous year. In the interim report, the company said the overall auto market in the first half of 2026 showed pressure on total volume and structural divergence, with the new energy vehicle market maintaining growth and auto exports continuing to expand at a relatively fast pace.

688326.CG ▼

财中社·25dRead more →

688326.CG▲2

Jingwei Hirain Plans to Spend 50 Million to 100 Million Yuan on Share Buyback

Jingwei Hirain announced a plan to repurchase shares through centralized bidding, with a buyback amount of no less than 50 million yuan and no more than 100 million yuan. The maximum repurchase price is 110 yuan per share, and the company expects to buy back between 450,000 and 910,000 shares, representing 0.3790 percent to 0.7579 percent of total share capital. The repurchase period is three months after board approval, and the repurchased shares will be used to maintain company value and shareholder interests. In the first quarter of 2026, the company achieved revenue of 1.171 billion yuan, with a net loss attributable to the parent company of 177 million yuan.

688326.CG ▲

财中社·66dRead more →

Critical Materials & Supply Chain▲

Multiple Companies on Shanghai and Shenzhen Exchanges Release Half-Year Performance Forecasts; Tianqi Lithium's Net Profit Expected to Surge Nearly 50-Fold

On the evening of July 14, numerous listed companies on the Shanghai and Shenzhen stock exchanges released their half-year performance forecasts and major event announcements. Tianqi Lithium expects its net profit attributable to the parent company for the first half of the year to be between 2.85 billion and 4.25 billion yuan, representing a year-on-year increase of 3,276.35% to 4,934.91%, one of the highest growth rates. Yangtze Optical Fibre and Cable, Litong Electronics, and Estun Automation all expect net profit growth exceeding tenfold, with Litong Electronics seeing significant growth in its computing power distribution business. The photovoltaic industry remains under pressure, with LONGi Green Energy forecasting a loss of 3.4 billion to 3.8 billion yuan, and Tongwei Co. forecasting a loss of 4.8 billion to 5.4 billion yuan. In terms of major events, Changxin Technology has set its issue price at 8.66 yuan per share, with a total offering size of 57.919 billion yuan, and subscriptions will open on July 16. CICC's application to absorb and merge Dongxing Securities and Cinda Securities has been accepted by the China Securities Regulatory Commission. Saiyi Information plans to purchase high-performance computing power servers for no more than 5.079 billion yuan. Additionally, several companies disclosed share increase or decrease plans, with Seres directors and senior management planning to increase their holdings by 119 million to 154 million yuan, and Jingwei Hirain and Runjian Co. planning share buybacks.

600438.CG ▼601012.CG ▼601059.CG ▲601127.CG ▲601198.CG ▲002466.CS ▲+6

Critical Materials & Supply Chain ▲

Eastmoney·67dRead more →

Robotics & Physical AI▲

Arbe Robotics Broadens from Automotive Chipsets to Complete Radar Solutions

Arbe Robotics is broadening from a pure-play automotive chipset company to a supplier of complete radar solutions, president and co-founder Kobi Marenko reiterated on May 28. The announcement follows first-quarter results in which revenues rose to $0.5 million from $0.04 million a year earlier, the backlog reached $1 million, and the net loss shrank to $9.4 million from $13.8 million. During the quarter the company received additional orders from global robotaxi players for L4 autonomy with 360-degree sensing and began shipping chipsets to Hirain for a high-resolution 48×48 imaging radar project, with Hirain also expected to expand Arbe's reach in China through a new 24×12-channel radar platform.

ARBE ▲688326.CG ▲

Robotics & Physical AI ▲Semiconductors

Insider Monkey·91dRead more →