According to Zhitong Finance App News, Xinquan Co., Ltd. (603179.SH) disclosed its 2026 semi-annual report. During the reporting period, the company achieved revenue of 8.015 billion yuan, an increase of 7.45%; net profit attributable to shareholders of listed companies was 414 million yuan, a year-on-year decrease of 1.90%; deducted non-net profit of 411 million yuan, a year-on-year decrease of 1.11%; and basic earnings per share were 0.58 yuan.

In the first half of 2026, China's automobile industry was generally running smoothly, and the cumulative decline in production and sales narrowed month by month. The market trend mainly showed three differentiations: First, domestic demand was clearly under pressure, and sales volume declined by double digits; exports grew more than expected, forming stable support. Second, the passenger car market did not perform well, showing a slight decline; the commercial vehicle market continued to improve, and sales continued to grow. Third, the industry continues to convert old and new kinetic energy, the traditional fuel vehicle market is shrinking further, and new energy vehicles are growing steadily. As an auto parts company, the company was affected by industry competition. During the reporting period, the company's performance showed a trend of increasing revenue and decreasing profits.

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