Youche Technology released its 2026 half-year report, showing first-half net profit attributable to the parent of 11.66 million yuan, down 28.0% year on year. Operating revenue was 203 million yuan, down 6.5% year on year. Net profit attributable to the parent after deducting non-recurring items was 1.09 million yuan, down 83.2% year on year. Net operating cash flow was negative 16.95 million yuan, an improvement of 58.9% year on year. Second-quarter net profit attributable to the parent was 960,000 yuan, down 91.0% year on year. The company said its business was affected by lower overall auto industry sales and thinner profit margins. Domestic auto sales in the first half totaled 9.921 million units, down 21.1% year on year.
Yonyou Auto Information Technology (Shanghai) Co. Ltd.Net profit fell 28% and revenue declined 6.5% in H1, with Q2 profit down 91%.
