Bethel posts first-half attributable net profit of 641 million yuan, up 22.8% year on year

Earnings
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Bethel released its 2026 interim report, showing first-half attributable net profit of 641 million yuan, up 22.8% year on year, and operating revenue of 6.27 billion yuan, up 21.5% year on year. Second-quarter revenue was 3.6 billion yuan, up 42.4% year on year, with attributable net profit of 373 million yuan, up 48.0% year on year. The company said its first electronic mechanical braking project achieved mass production, making it the world's first supplier to achieve a breakthrough in and mass production of fully dry electronic mechanical braking technology, and it completed the acquisition of a controlling stake in Yubei Steering. During the reporting period, the total number of projects under research rose 87.65% year on year, while newly mass-produced projects and awarded projects increased 62.60% and 52.84% respectively.

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Bethel completed the acquisition of a controlling stake in Yubei Steering; no standalone impact on Yubei is detailed.

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