Tongzhou Electronics released its 2026 interim report. First-half net profit attributable to the parent was 12.9 million yuan, down 93.65% year on year. Operating revenue was 121 million yuan, down 77.5%. Net profit attributable to the parent excluding non-recurring items was 11.96 million yuan, down 94.3%. Net operating cash flow was negative 67.5 million yuan, an improvement of 41.5% year on year. Second-quarter operating revenue was 67.68 million yuan, down 70.1% year on year, and net profit attributable to the parent was 6.41 million yuan, down 91.7%. The company's main businesses are power electronics, new energy, and ICT. Power electronics revenue fell sharply, new energy revenue grew, and ICT remained relatively stable.
Shenzhen Coship Electronics Co LtdFirst-half net profit attributable to parent fell 93.65% to 12.9 million yuan, with revenue down 77.5%.
