Weichuang Electric released its 2026 interim report. Total operating revenue was 1.066 billion yuan, and net profit attributable to the parent company was 110 million yuan, down 21.76% from the same period last year. Net cash flow from operating activities was negative 151 million yuan, a decrease of 129 million yuan compared with the same period last year. The company's asset-liability ratio was 36.72%, gross margin was 32.50%, and ROE was 4.58%, all lower than the same period last year. Diluted earnings per share were 0.52 yuan, down 22.39% year-on-year.
Suzhou Veichi Electric Co. Ltd. ANet profit down 21.76% YoY, operating cash flow negative, margins and ROE lower.