Changying Precision released its 2026 semi-annual report, achieving operating revenue of 10.729 billion yuan, up 24.18% year-on-year, but net profit attributable to shareholders of the listed company was only 17.765 million yuan, down 94.2% year-on-year. The company said the decline was mainly affected by rising raw material prices, increased investment in new businesses, and exchange rate fluctuations. Notably, the company posted a net loss of 107 million yuan in the second quarter, compared with a net profit of 125 million yuan in the first quarter, swinging from profit to loss quarter-on-quarter.
Shenzhen Everwin Precision TechNet profit fell 94.2% year-on-year due to rising raw material costs, new business investment, and FX fluctuations.
