Qianjiang Motorcycle has released its performance forecast for the first half of 2026, expecting attributable net profit to be between 90 million and 110 million yuan, a year-on-year decline of 59.15% to 66.57%. The company said the decline was mainly due to a combination of factors: weak domestic market demand led to a year-on-year drop in sales of large-displacement products for the domestic market, shrinking operating revenue; intensified industry competition and upstream cost pressures caused product gross margins to continue falling, narrowing per-unit profit margins; during the reporting period, the renminbi continued to appreciate, resulting in significant foreign exchange losses on foreign currency settlement business, and financial expenses increased year-on-year, further eroding overall profit.
Zhejiang Qianjiang Motorcycle Co LtdWeak domestic market demand led to a year-on-year drop in sales of large-displacement products, shrinking operating revenue.