Changyuan Donggu released its 2026 interim report. First-half net profit attributable to the parent was 167 million yuan, up 1.7% year on year. Operating revenue was 1.01 billion yuan, down 2.0% year on year. Net profit attributable to the parent excluding non-recurring items was 153 million yuan, down 2.0% year on year. Net operating cash flow was 309 million yuan, up 45.2% year on year. Earnings per share were 0.5143 yuan. In the second quarter, operating revenue was 513 million yuan, down 3.9% year on year, and net profit attributable to the parent was 83.86 million yuan, down 2.8% year on year. As of the end of the second quarter, total assets were 6.083 billion yuan, up 4.9% from the end of the previous year, and net assets attributable to the parent were 3.139 billion yuan, up 4.2% from the end of the previous year. The company mainly produces core components such as cylinder blocks and cylinder heads for diesel, natural gas and gasoline engines, and adopts an order-based production model. Its main customers include Foton Cummins and Dongfeng Cummins. The company is deepening cooperation with new energy customers such as BYD and Seres, and has established a gas turbine and electric power business segment to enter the gas-fired power generation market. It has already signed relevant sales contracts, which are expected to support future business growth.
Xiangyang Changyuan Donggu Industry Co LtdNet profit up 1.7% but revenue down 2.0%, mixed results.
BYD Co Ltd Class A
Chongqing Sokon Ind Grp CoMain customer Foton Cummins, order-based production.
