Changying Precision released its 2026 interim report, showing first-half net profit attributable to the parent of 17.76 million yuan, down 94.2% year on year. Operating revenue was 10.73 billion yuan, up 24.2% year on year. Net profit attributable to the parent after deducting non-recurring items was 14.03 million yuan, down 95.1% year on year. Net operating cash flow was negative 203 million yuan, down 134.3% year on year. In the second quarter, operating revenue was 5.6 billion yuan, up 31.9% year on year, but net profit attributable to the parent recorded a loss of 107 million yuan, down 181.9% year on year. The company said that amid a complex external environment, it continued to deepen its coordinated development strategy of consumer electronics, new energy, and artificial intelligence, while increasing investment in emerging businesses such as embodied intelligence, server liquid-cooling quick connectors, and high-speed copper cables. During the reporting period, revenue from precision components for smart terminals and electronic products was 5.758 billion yuan, up 8.59% year on year. Revenue from key structural parts and connector assemblies for new energy was 4.326 billion yuan, up 47.21% year on year. Revenue from embodied intelligence and emerging technology hardware was 243 million yuan, up 537.64% year on year.
Shenzhen Everwin Precision TechFirst-half net profit attributable to parent plunged 94.2% year on year, with Q2 net loss of 107 million yuan.
