Qin'an Shares' Revenue Rises 6.79% YoY to 778 Million Yuan in H1, Net Profit Down 51.75% Due to Rising Costs and Competition

On August 25, Wanfeng Auto Wheel disclosed its 2026 semi-annual report. In H1 2026, the company achieved total operating revenue of 7.481 billion yuan, down 0.18% YoY; net profit attributable to the parent company was 418 million yuan, down 16.46% YoY. The company's lightweight metal parts products focus on aluminum/magnesium alloys. Among them, the annual capacity of lightweight aluminum alloy wheels exceeds 44 million sets, committed to the R&D, manufacturing, sales, and after-sales service of high-end aluminum alloy wheels for automobiles and motorcycles, achieving a global leading position in the segment. During the reporting period, the company continued to promote low-carbon and environmentally friendly production and the comprehensive application of green energy, advancing the replacement of thermal power-based aluminum with hydropower-based aluminum and the use of secondary aluminum.

Recently, the Anshun Municipal Ecology and Environment Bureau issued a post-approval announcement regarding the environmental impact report for the project with annual production of 42,000 mt of aluminum wire rod and 40,000 mt of aluminum wire rewinding, pelletizing, and cast aluminum block. According to the relevant provisions of the environmental impact assessment approval procedures for construction projects, upon review, the Anshun Municipal Bureau of Ecology and Environment has made an approval decision on the environmental impact report for the project with an annual output of 42,000 mt of aluminum wire rod and 40,000 mt of aluminum wire rewinding, pelletizing, and cast aluminum block. The approval decision is hereby announced to the public, with the announcement period from August 24, 2026 to August 30, 2026 (7 days). The project is located in the Tsingshan Industrial Park, Caiguan Town, Xixiu District, Anshun City, Guizhou Province. It is a new construction project to be built by Anshun Zhongtai Maolisen Alloy Aluminum Manufacturing Co., Ltd. The main construction content of the project is as follows: the project leases the existing plant of Zhongtai Xinbo Aluminum Co., Ltd., with a floor area of 5,560 m². The main construction content includes building one production line for 42,000 mt of aluminum wire rod and 40,000 mt of aluminum wire rewinding, pelletizing, and cast aluminum block, along with the installation of related production line facilities and equipment.

On August 26, Shenzhen Sunxing disclosed its 2026 semi-annual report. In H1 2026, the company achieved total operating revenue of 1.931 billion yuan, up 28.81% YoY; net profit attributable to the parent company was 20.0155 million yuan, compared with a loss of 22.3632 million yuan in the same period last year. During the reporting period, the company's sales of aluminum grain refiners were 23,326.4 mt, up 10.72% YoY; sales revenue was 627.8236 million yuan, up 24.88% YoY; total gross profit was 37.1868 million yuan, down 15.22% YoY. During the reporting period, benefiting from robust demand in the downstream new energy and energy storage industries, the company's aluminum foil stock business saw steady YoY growth in production and sales. Production of cast-rolled foil stock was 4,221.07 mt (sold directly to external customers), with sales of 4,008.47 mt, generating sales revenue of 89.8817 million yuan and total gross profit of 1.2593 million yuan; production of cold-rolled foil stock was 42,792 mt, with sales of 40,021.51 mt, generating sales revenue of 799.3556 million yuan and total gross profit of 36.207 million yuan.