Zhuhai Enpower Electric Co Ltd

Enpower Electric released its 2026 semi-annual report, achieving operating revenue of 2.424 billion yuan, up 77.06% year on year. Net profit attributable to shareholders of the listed company was 118 million yuan, up 216.75% year on year. Second-quarter net profit was 61 million yuan, compared with 57 million yuan in the first quarter, up 7% quarter on quarter.

Yingboler released its 2026 half-year report, with first-half net profit attributable to the parent company at 118 million yuan, up 216.8% year-on-year. Operating revenue was 2.42 billion yuan, up 77.1% year-on-year; non-GAAP net profit attributable to the parent was 115 million yuan, up 241.8% year-on-year; net operating cash flow was 317 million yuan, down 37.3% year-on-year; earnings per share were 0.3843 yuan. In the second quarter, operating revenue was 1.34 billion yuan, up 62.4% year-on-year; net profit attributable to the parent was 60.87 million yuan, up 130.2% year-on-year. As of the end of the second quarter, total assets were 7.558 billion yuan, up 0.9% from the end of the previous year; net assets attributable to the parent were 3.124 billion yuan, up 2.8% from the end of the previous year. The company's business is mainly concentrated in the new energy vehicle and low-altitude economy sectors. In the new energy vehicle sector, it has become a leading domestic Tier 1 supplier and is actively expanding into new energy commercial vehicles and electric motorcycles. In the low-altitude economy, its eVTOL electric propulsion systems and drone electric propulsion systems have secured project designations from multiple leading companies.

Against the backdrop of crowded trading in A-share technology hot sectors and amplified short-term volatility, institutions recommend that investors shift their attention to three major sectors: the low-altitude economy, humanoid robots, and commercial aerospace, seizing pullback windows to position at lower levels. CICC believes that the intensive rollout of low-altitude economy policies is resonating with technological iteration across the industry chain, and expectations for an industry inflection point are gradually strengthening. Guoyuan Securities analyst Gong Siwen suggests focusing on whole-machine names such as Wanfeng Auto Wheel, EHang, JOUAV, and Lvneng Huichong, as well as core component names such as Zongshen Power, Wolong Electric Drive, Yingliu Shares, and Inpower. On the humanoid robot front, Unitree Robotics recently entered the capital market and is expected to provide a clearer valuation anchor for the sector, driving a shift in capital from pure thematic speculation to growth-based pricing. Huayuan Securities analyst Zhao Mengni suggests focusing on Everwin Precision, Foresight Technology, Sanhua Intelligent Controls, Tuopu Group, Leader Harmonious Drive, Shuanghuan Transmission, Hengli Hydraulic, Zhejiang Rongtai, Moons' Electric, and Zhaowei Machinery & Electronics. In commercial aerospace, the Long March 10B and Zhuque-3 have successively completed successful recoveries, and reusable rocket technology is maturing. With falling launch costs resonating with demand for low-orbit constellation networking, industrialization is expected to accelerate. Guotai Haitong Securities analyst Yang Tianhao suggests focusing on Chengchang Technology, Tongyu Communication, Sunway Communication, Shanghai Hanxun, Aerospace Electronics, Feiwo Technology, Sirui Advanced Materials, and Western Metal Materials.

Enpower Electric has released its 2026 restricted stock incentive plan, proposing to grant 13 million restricted shares, accounting for 4.25 percent of the company's total share capital of 306 million shares. The grant price is 10.81 yuan per share, with a total of 389 incentive recipients, including company directors, senior management, and core technical or business personnel. In the first quarter of 2026, Enpower Electric achieved revenue of 1.087 billion yuan and net profit attributable to the parent company of 56.74 million yuan.