China Automotive Engineering Research Institute first-half net profit attributable to parent 427 million yuan, up 4.56% year on year

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China Automotive Engineering Research Institute released its 2026 semi-annual report. During the reporting period, it achieved operating revenue of 2.043 billion yuan, up 6.91% year on year. Net profit attributable to shareholders of the listed company was 427 million yuan, up 4.56% year on year. Basic earnings per share were 0.43 yuan. By business segment, the automotive technical services business achieved operating revenue of 1.849 billion yuan, up 7.78% year on year. The equipment manufacturing business achieved operating revenue of 194 million yuan, down 0.79% year on year. During the reporting period, overall demand in the special-purpose vehicle business recovered, but revenue in related businesses declined year on year because the rail transit business was affected by policy tightening and the gas system business was affected by gas price fluctuations.

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