ZYNP disclosed an earnings forecast, projecting net profit attributable to the parent of 339 million to 363 million yuan for the first half of 2026, representing year-on-year growth of 45.11% to 55.39%. In January 2026, the company completed the acquisition of a 59% stake in Henan ZYNP GKN Cylinder Liner Co., Ltd., with a bargain purchase gain of 72.56 million yuan booked as non-operating income, boosting current-period profit. From February 2026, ZYNP GKN was consolidated into the group's financial statements. Its large-bore cylinder liner products were freed from the sales restrictions under the original joint venture contract, enabling synergies in production capacity, technology, and global customer resources. In addition, the cylinder liner business optimized its product mix, brake drum products achieved rapid production and sales growth driven by the recovery of the heavy-duty truck industry, and the production and sales scale of new products such as electronic control actuators steadily increased, jointly driving the earnings growth.
ZYNP CorpCompany forecasts 45-55% net profit growth for H1 2026, driven by acquisition and operational improvements.
Acquired by ZYNP, now consolidated; sales restrictions lifted enabling synergies.