Aulton released its 2026 interim report. In the first half of the year, it achieved operating revenue of 134 million yuan, up 5.88% year on year, but the net loss attributable to shareholders of the listed company widened to 35.77 million yuan, a year-on-year decline of 23.47%. Net loss after deducting non-recurring items was 38.62 million yuan, down 19.13% year on year. Net cash flow from operating activities was negative 24.61 million yuan. Although it remained a net outflow, it improved by 53.04% compared with negative 52.41 million yuan in the same period of 2025. Revenue from the industrial power supply business was 102 million yuan, accounting for 76.17% of total revenue, up 6.17% year on year. Revenue from the new power system business was 24.19 million yuan, accounting for 17.99%. Together, the two contributed more than 90% of revenue. The gross margin of the new power system segment was negative 29.21%, down 5.52 percentage points year on year, continuing to drag on overall profitability. The company's controlling shareholder, Ouhua Industrial, maintained a 51.25% stake, and the actual controller remained Ms. Liao Xiaoxia, with no change. The 2026 interim profit distribution plan is to pay no cash dividend, issue no bonus shares, and not convert capital reserve into share capital.
Shenzhen Auto Electric Power Plant Co LtdNet loss widened 23.47% and negative gross margin in new power system segment drags profitability.
