Qianjiang Motorcycle disclosed its earnings forecast, expecting net profit attributable to the parent in the first half of 2026 to be between 90 million and 110 million yuan, a year-on-year decline of 59.15% to 66.57%. The company stated that weak domestic market demand led to a year-on-year decline in sales of large-displacement products in the domestic market, shrinking operating revenue. Intensifying industry competition and upstream cost pressures caused the gross profit margin of product sales to continue to decline, narrowing the profit margin per unit. At the same time, the continued appreciation of the renminbi exchange rate resulted in significant exchange losses on foreign currency settlement business, increasing financial expenses year-on-year and further eroding overall profits.
Zhejiang Qianjiang Motorcycle Co LtdWeak domestic market demand led to year-on-year decline in sales of large-displacement products, shrinking operating revenue.