Jiahe Intelligence H1 revenue up 13.19%, Beyerdynamic acquisition opens brand upgrade

EarningsM&A · Partnership
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Summary · why it matters

Jiahe Intelligence released its 2026 semi-annual report. During the reporting period, it achieved operating revenue of 1.137 billion yuan, up 13.19% year on year, and net profit attributable to the parent of 1.8869 million yuan, reversing the first-quarter loss. The company has completed key milestones in its acquisition of German acoustics brand Beyerdynamic. Its wholly owned subsidiary is advancing the transaction with an initial purchase price of 122 million euros and has completed industrial and commercial registration changes, marking the deal's entry into a substantive operational integration phase. Beyerdynamic has brand heritage in professional headphones, microphones, and wireless audio, while Jiahe Intelligence has large-scale manufacturing and supply chain capabilities. The two sides have synergies in product definition, channel reuse, and supply chain. In addition, the company is stepping up research and development and customer development for AI and AR glasses, and has launched multiple AI recording devices. In the first half of the year, new energy business revenue reached 120 million yuan, mainly targeting energy storage scenarios such as power batteries for two-wheeled and three-wheeled vehicles and backup power for communications. The company has also laid out in the chip sector through equity stakes in Chongqing Wuqi Microelectronics, Shanghai Yixing Hehang Technology, and an industry fund, building momentum for long-term growth.

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Off-coverage companies 3

拜亚动力Private▲ Positive
Capitalrelevance

Beyerdynamic is the acquisition target, with the 122 million euro deal completed and entering substantive operational integration.

上海一行与航科技Private▲ Positive
Capitalrelevance

Jiahe Intelligence took an equity stake in Shanghai Yixing Hehang Technology as part of its chip-sector layout.

重庆物奇微电子Private▲ Positive
Capitalrelevance

Jiahe Intelligence took an equity stake in Chongqing Wuqi Microelectronics as part of its chip-sector layout.

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