Shanghai New Power Automotive disclosed its half-year report on August 26. In the first half of 2026, it achieved operating revenue of 3.205 billion yuan, up 13.29 percent year on year. Net profit attributable to shareholders of the listed company was 79.5 million yuan, compared with a loss of 301 million yuan in the same period last year, turning from loss to profit. Basic earnings per share were 0.06 yuan. The company said that in the first half it actively expanded domestic and overseas markets, advanced product technology research and development, improved operating efficiency, and cut costs while boosting efficiency. Its engine business maintained rapid growth, with engine sales reaching 110,500 units, up 28.13 percent year on year.
Shanghai Diesel Engine Co Ltd ATurned to net profit of 79.5 million yuan from a loss, with revenue up 13.29%.
