Yongfu Co. disclosed its 2026 half-year report, with first-half operating revenue of 579 million yuan, down 40.69 percent year-on-year, and a net loss attributable to shareholders of the listed company of 26.28 million yuan, compared with a profit of 28.89 million yuan in the same period last year, swinging from profit to loss year-on-year. The company said that affected by new energy policies, the business scale of residential photovoltaic power station products faced phased pressure, while the newly launched scenario-based photovoltaic system products are still in the early stage of market promotion, leading to a decline in operating revenue.
Fujian Yongfu Power Engineering Co Ltd Class ARevenue fell 40.69% due to policy pressure on residential PV products and early-stage market promotion of new products, leading to a net loss.
