Meilixin first-half revenue 2.195 billion yuan, loss widens to 166 million yuan

Earnings
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Meilixin released its 2026 half-year report, with operating revenue of 2.195 billion yuan, up 18.04 percent year on year, but net loss attributable to the parent widened to 166 million yuan, compared with a loss of 105 million yuan in the same period last year. Second-quarter operating revenue was 1.17 billion yuan, up 19.7 percent year on year, while net loss attributable to the parent was 112 million yuan, further widening the loss. Total assets stood at 8.037 billion yuan, up 5.8 percent from the end of the previous year, while net assets attributable to the parent were 2.324 billion yuan, down 7.1 percent from the end of the previous year. Revenue from the communications segment was 721 million yuan, accounting for 34.09 percent of main business revenue, while the automotive segment generated 1.252 billion yuan, accounting for 59.19 percent. Semiconductor and energy storage businesses posted revenue of 67.76 million yuan and 74.45 million yuan respectively.

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