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Huafeng Co., Ltd. announced that it expects a net profit loss of 19.4 million yuan to 27.6 million yuan for the first half of 2026, and a loss of 7.3964 million yuan for the same period last year. During the reporting period, the company's net profit loss in the first half of the year increased further compared to the same period of the previous year, mainly due to the decline in gross margin of the New Energy Division. On the one hand, the company's new energy division's product structure adjustments led to a simultaneous decline in the operating income and gross profit of the new energy division; on the other hand, the company's three-pack after-sales expenses for new energy products increased year-on-year.
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Huafeng Co., Ltd. announced that it expects a net profit loss of 19.4 million yuan to 27.6 million yuan for the first half of 2026, and a loss of 7.3964 million yuan for the same period last year. During the reporting period, the company's net profit loss in the first half of the year increased further compared to the same period of the previous year, mainly due to the decline in gross margin of the New Energy Division. On the one hand, the company's new energy division's product structure adjustments led to a simultaneous decline in the operating income and gross profit of the new energy division; on the other hand, the company's three-pack after-sales expenses for new energy products increased year-on-year.
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