Topband released its 2026 interim report. First-half net profit attributable to the parent was 129 million yuan, down 61.0% year on year. Operating revenue was 5.81 billion yuan, up 5.6% year on year. Net profit attributable to the parent excluding non-recurring items was 111 million yuan, down 64.1% year on year. Net operating cash flow was negative 101 million yuan, down 128.6% year on year. Second-quarter operating revenue was 3.16 billion yuan, up 11.8% year on year, and net profit attributable to the parent was 76.91 million yuan, down 42.3% year on year. The company said its intelligent control business and autonomous intelligent business continued to develop, its new energy business grew significantly in energy storage and electric two-wheeler segments, and its cloud storage and cloud charging products have achieved volume sales.
Shenzhen Topband Co LtdFirst-half net profit attributable to parent fell 61% year on year to 129 million yuan, with net operating cash flow negative.
