Tianlong Shares released its 2026 interim report. First-half net profit attributable to the parent fell 19.9% year-on-year to 45.28 million yuan, while operating revenue rose 6.0% to 651 million yuan. Second-quarter net profit attributable to the parent was 15.48 million yuan, down 50.0% year-on-year. Through an equity transfer and capital increase, the company took controlling stake in Suzhou Haomibo and has consolidated it since May 2026, adding an intelligent sensing business that includes technologies such as 4D millimeter-wave radar and UWB sensors, extending into areas like intelligent driving and low-altitude flight. In precision manufacturing, the auto parts business achieved sales revenue of 508 million yuan, of which new energy vehicle-related parts sales revenue was 214 million yuan, accounting for 32.94% of total operating revenue.
Ningbo Tianlong Electronics Co LtdFirst-half net profit attributable to parent fell 19.9% YoY to 45.28 million yuan, with Q2 profit down 50.0% YoY.
