SuoLing Shares released its 2026 interim report, showing first-half operating revenue of 202 million yuan, down 54.4% year on year, and a net loss attributable to the parent of 41.11 million yuan, down 810.7% year on year. Second-quarter operating revenue was 107 million yuan, down 53.7% year on year, with a net loss attributable to the parent of 22.93 million yuan, down 586.4% year on year. The company's net operating cash flow was negative 96.23 million yuan, down 74.5% year on year. As of the end of the second quarter, total assets stood at 1.254 billion yuan, down 5.9% from the end of the previous year, and net assets attributable to the parent were 1.041 billion yuan, down 4.7% from the end of the previous year. The company said the sharp decline in revenue was mainly due to the completion of major projects and the impact of project cycles between old and new projects, while its business remains focused on intelligent cockpit, intelligent driving, and Internet of Things solutions.
Shenzhen Soling Industrial Co LtdFirst-half loss and revenue down 54.4% due to project cycle impact.
