According to Zhitong Finance App News, Times Electric (688187.SH) disclosed its 2026 semi-annual report. During the reporting period, the company achieved operating income of 13.071 billion yuan, up 7.01% year on year; net profit attributable to shareholders of listed companies was 1,712 billion yuan, up 2.44% year on year; after deducting non-net profit of 1,642 billion yuan, up 3.43% year on year; basic income per share was 1.25 yuan; the company plans to pay a cash dividend of 4.6 yuan (tax included) for every 10 shares.
In the rail transit industry, the country's railway fixed asset investment increased 2.05% year on year, railway passenger and cargo volume increased well, and the EMU and locomotive market share was stable; CR450 EMU application assessments were carried out smoothly, a series of permanent magnet and new energy locomotive projects continued to advance, and maintenance business development was steady; new orders for urban rail traction systems continued to lead the industry, and cross-platform maintenance business continued to gain strength; overseas market development achieved new results. It won bids for 29 projects in Asia, America, Europe, etc., including various types of locomotives, power-intensive EMUs, and urban rail products system products; Actively promote the development and promotion of new rail construction machinery and equipment for the main line railway and urban rail markets, and have obtained major revisions for models such as JJC contact network maintenance vehicles and flaw detection vehicles; the market share of trunk line railway signal products has remained stable, and the urban rail sector won the bid for the Guangzhou Line 2 signal transformation project, achieving the first order breakthrough in the central city of the country.